Examples of Sale and Substitution Undertaking in a sentence
Upon receipt of a Redemption and Cancellation Notice from Ziraat Katılım in accordance with the Sale and Substitution Undertaking, Certificates so purchased by or on behalf of Ziraat Katılım or any of its subsidiaries and identified for cancellation in the Redemption and Cancellation Notice will be forthwith forwarded by or on behalf of the Issuer to the Registrar, cancelled and destroyed.
Upon receipt of a Redemption and Cancellation Notice from Ziraat Katılım in accordance with the Sale and Substitution Undertaking, Certificates purchased by or on behalf of Ziraat Katılım or any of its Subsidiaries and identified for cancellation in such Redemption and Cancellation Notice will forthwith be forwarded by or on behalf of the Issuer to the Registrar, cancelled and destroyed and accordingly may not be held, reissued or resold.