Institutional System definition
Examples of Institutional System in a sentence
Notwithstanding any other provision of this Indenture, the Global Notes will not bear any legend during such time as they are listed for trading on the TACT Institutional System.
Initially the Issuer will act as Registrar for so long as the Notes are listed on the TACT Institutional System.
The Issuer will also maintain one or more registrars (each, a “Registrar”) with offices in Israel, for so long as the Notes are listed on the TACT Institutional System.
If the Notes are at such time listed on the TACT Institutional System, the Issuer shall inform the TASE of the principal amount of the Notes that have not been redeemed in connection with any optional redemption.
For so long as the Notes are listed for trading on the TACT Institutional System, the Issuer will publish a notice of any change of Paying Agent or Registrar in the manner permitted by the Applicable Procedures, including posting such notice on the official website of the TASE (h▇▇▇://▇▇▇▇.▇▇▇▇.▇▇.▇▇ or any successor website thereto).
If the Notes are at such time listed on the TACT Institutional System, the Issuer shall give notice to the TASE of the principal amount of the Notes that have not been redeemed in connection with any optional redemption.
The Trustee shall furnish notices to the Holders by publishing such notice on the TACT Institutional System.
The Fiscal Agent shall furnish notices to Holders pursuant to Condition 5(d) and Condition 13 by publishing such notices on the TACT Institutional System; provided, that if such publication is not practicable, notices will be mailed to the Holders at their respective addresses as they appear on the records of the applicable Registrar.
The Issuer undertakes to promptly inform the TASE (as long as the Notes are admitted to trading the TACT Institutional System) of any such cancellation.
For so long as the Notes are listed for trading on the TACT Institutional System, the Issuer will publish a notice of any change of Paying Agent or Registrar through the newswire service of Bloomberg, or if Bloomberg does not then operate, any similar agency, and, to the extent and in the manner permitted by the Applicable Procedures, post such notice on the official website of the TASE (▇▇▇▇://▇▇▇▇.▇▇▇▇.▇▇.▇▇ or any successor website thereto) in accordance with Section 14.01.