Registered Debt Security definition
Examples of Registered Debt Security in a sentence
The principal of each Registered Debt Security, together with accrued and unpaid interest thereon, shall be paid to the Holder thereof against presentation and surrender of such Registered Debt Security.
Such interest payment shall be made to the Holder of such Registered Debt Security as of the close of business on the related Record Date.
The person in whose name a Registered Debt Security is registered in the Register shall be the Holder of such Registered Debt Security.
Beneficial interests in a Registered Debt Security shall be represented, and transfers thereof shall be effected, only through book-entry accounts of financial institutions acting on behalf of the Beneficial Owners of such Registered Debt Security, as a direct or indirect participant in the applicable clearing system for such Registered Debt Security.
The first payment of interest on any Registered Debt Security originally issued between a Record Date and the related Interest Payment Date shall be made on the Interest Payment Date following the next Record Date to the Holder on such next Record Date.
In acting under the Global Agency Agreement, the Registrar does not assume any obligation or relationship of agency or trust for, or with, any Holder of a Registered Debt Security.
Unless otherwise specified in the applicable Supplemental Agreement, no such Registered Debt Security (or notice of repayment) so deposited may be withdrawn without the prior consent of ▇▇▇▇▇▇▇ Mac or the Global Agent.
All payments to or upon the order of the Holder of a Registered Debt Security shall be valid and effective to discharge the liability of ▇▇▇▇▇▇▇ Mac in respect of such Registered Debt Security.
In acting under the Global Agency Agreement, the Global Agent acts solely as a fiscal agent of ▇▇▇▇▇▇▇ Mac and does not assume any obligation or relationship of agency or trust for or with any Holder of a Registered Debt Security, except that any moneys held by the Global Agent for payment on a Registered Debt Security shall be held in trust for the Holder as provided in the Global Agency Agreement.
Any Registered Debt Security in definitive form that becomes mutilated, destroyed, stolen or lost shall be replaced by ▇▇▇▇▇▇▇ Mac at the expense of the Holder upon delivery to the Global Agent of evidence of the destruction, theft or loss thereof, and an indemnity satisfactory to ▇▇▇▇▇▇▇ Mac and the Global Agent.