Examples of Replacement Agent in a sentence
Unless the Issuer instructs otherwise, the Replacement Agent shall destroy each mutilated or defaced Global Note Certificate or Individual Note Certificate surrendered to and cancelled by it and in respect of which a replacement has been delivered and shall furnish the Issuer upon written request with a certificate as to such destruction specifying the certificate or serial numbers of the relevant Global Note Certificate or Individual Note Certificates so destroyed.
Each of the Registrar and the Replacement Agent is authorised by the Issuer to authenticate such Global Note Certificates and Individual Note Certificates as may be required to be authenticated hereunder by the signature of any of their respective officers or any other person duly authorised for the purpose by the Registrar or (as the case may be) the Replacement Agent.
The Issuer shall ensure that each of the Registrar and the Replacement Agent holds sufficient Note Certificates to fulfil its respective obligations under this Clause 3 and Clause 5 (Replacement Notes) and each of the Registrar and the Replacement Agent undertakes to notify the Issuer if it holds insufficient Note Certificates for such purposes.