Examples of Programme Deed in a sentence
Where the D Rules are applicable for Notes, the temporary Global Note will be exchangeable after the expiry of 40 days after its issue date for a permanent Global Note in whole or in part upon certification as to non-U.S. beneficial ownership in the form set out in the Programme Deed.
Where the D Rules (as to which see “Subscription and Sale”) are applicable for Notes, payments in respect of the temporary Global Note will be made upon certification as to non-U.S. beneficial ownership in the form set out in the Programme Deed.
No assurance is given that the provisions in the Base Conditions and Programme Deed will address to the satisfaction of investors any of the issues experienced by investors in unwinding a special purpose vehicle issuance following an insolvency in respect of the arranging bank, swap counterparty and/or certain agents.
Capitalised terms used but not defined herein shall have the meaning given to them in the Base Conditions and/or the Programme Deed.
The Base Conditions and Programme Deed are subject to the Additional Conditions in respect of the relevant Series.
The following is a summary description of certain such terms of the Base Conditions and Programme Deed which are set out in full in, subject to, and qualified in their entirety by reference to, the Base Conditions and Programme Deed.
Programme Each of the Issuers is a special purpose vehicle and has established a separate Programme with the Programme Counterparties on its Establishment Date, as restated on the Programme Date, by executing a Programme Deed.
Upon any appointment becoming effective, such person will become a party to the Programme Deed as if originally named in it and will act as Calculation Agent or Disposal Agent, as the case may be, in respect of the relevant Series.
The Base Conditions and Programme Deed contain certain rights of Noteholders following an Insolvency Event in respect of the Arranger, Swap Counterparty, Disposal Agent or other agents and certain other terms in connection with unwinding a special purpose vehicle issuance following an insolvency in respect of the arranging bank, swap counterparty and/or certain agents and other provisions.
The Programme Deed contains a form of Trustee Indemnity Letter agreed with the Trustee, which sets out the terms of the indemnity to be provided by an entity with a creditworthiness reasonably satisfactory to the Trustee before the Trustee is required to act.