PAYMENTS TO HOLDERS OF BEARER INSTRUMENTS Sample Clauses

PAYMENTS TO HOLDERS OF BEARER INSTRUMENTS. 7.1 Each Paying Agent shall make payments of interest, principal or, as the case may be, redemption amount in respect of Bearer Instruments in accordance with the terms and conditions applicable thereto (and, in the case of a Temporary Global Instrument or a Permanent Global Instrument, the terms thereof) Provided that:
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PAYMENTS TO HOLDERS OF BEARER INSTRUMENTS. This Clause 7 shall not apply to Book Entry Instruments.
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PAYMENTS TO HOLDERS OF BEARER INSTRUMENTS. 7.1 Subject to the procedures described in Schedule 9 (Procedures For Compliance With Spanish Tax Legislation) hereto, each Paying Agent acting through its specified office shall make payments of interest and principal or, as the case may be, any other amount payable in respect of Bearer Instruments in accordance with the Terms and Conditions applicable thereto (and, in the case of a Temporary Global Instrument or a Permanent Global Instrument, the terms thereof), provided that:
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Related to PAYMENTS TO HOLDERS OF BEARER INSTRUMENTS

  • All Other Transfers and Exchanges of Beneficial Interests in Global Securities In connection with all transfers and exchanges of beneficial interests in any Global Security that is not subject to Section 2.2(b)(i), the transferor of such beneficial interest must deliver to the Registrar (1) a written order from an Agent Member given to the Depository in accordance with the applicable rules and procedures of the Depository directing the Depository to credit or cause to be credited a beneficial interest in another Global Security in an amount equal to the beneficial interest to be transferred or exchanged and (2) instructions given in accordance with the applicable rules and procedures of the Depository containing information regarding the Agent Member account to be credited with such increase. Upon satisfaction of all of the requirements for transfer or exchange of beneficial interests in Global Securities contained in this Indenture and the Securities or otherwise applicable under the Securities Act, the Trustee shall adjust the principal amount of the relevant Global Security pursuant to Section 2.2(g).

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