Examples of Bearer in a sentence
In relation to Bearer PR Debt Instruments initially delivered with Talons attached thereto, on or after the due date for the payment of interest on which the final Coupon comprised in any Coupon sheet matures, the Talon comprised in the Coupon sheet may be surrendered at the specified office of any Paying Agent outside (unless Condition 7.1.4 applies) the United States in exchange for a further Coupon sheet (including any appropriate further Talon), subject to the provisions of Condition 10 below.
All PR Debt Instruments redeemed or purchased for cancellation by or on behalf of the Issuer, will forthwith be surrendered for cancellation to any Paying Agent (in the case of Bearer PR Debt Instruments) or the Registrar or the Transfer Agent (in the case of Registered PR Debt Instruments which are certificated) and must be surrendered together with, in the case of interest-bearing Bearer PR Debt Instruments, all unmatured Coupons and unexchanged Talons and accordingly may not be reissued or resold.
Notices to be given by any Bearer PR Debt Instrument Holder shall be in writing and given by lodging the same, together with the relative Bearer PR Debt Instrument or Bearer PR Debt Instruments with the Issuer.
In these Conditions and unless the contrary intention appears, references to “PR Debt Instruments” are to Bearer PR Debt Instruments and Registered PR Debt Instruments.
Where, however, a Bearer PR Debt Instrument is surrendered for exchange after the Record Date (as defined in Condition 7.2.2) for any payment of interest, the Coupon in respect of that payment of interest need not be surrendered with it.