Examples of VPS Notes in a sentence
Ownership of VPS Notes will be recorded and transfer effected only through the book entry system and register maintained by the VPS.
Title to the VPS Notes will pass by registration in the registers between the direct or indirect accountholders at the VPS in accordance with the rules and procedures of the VPS.
A transfer of VPS Notes which is held through Euroclear or Clearstream, Luxembourg is only possible by using an account operator linked to the VPS.
VPS Notes may not be exchanged for Bearer Notes or Registered Notes and vice versa.
If the date for payment of any amount in respect of VPS Notes is not a Payment Day, the holder thereof shall not be entitled to payment until the next following VPS Payment Day and shall not be entitled to further interest or other payment in respect of such delay.