Examples of Clearing Services Agreement in a sentence
As long as EFI Notes (or the Global Note representing EFI Notes) shall be held in, or on behalf of, and settled through the NBB Securities Settlement System, the provisions of this Agreement shall, in relation to EFI Notes, be superseded to the extent necessary by the relevant provisions of the Clearing Services Agreement, the NBB Securities Settlement System Regulations and any applicable provisions of Belgian law.
Payments in relation to such an EFI Note shall be made in accordance with the NBB Securities Settlement System Regulations and the provisions of the Clearing Services Agreement.
For as long as the Global Note is held by the NBB and settled through the Securities Settlement System, payments in relation to the EFI Notes shall be made in accordance with NBB Securities Settlement System Regulations and the provisions of the Clearing Services Agreement.
It will, simultaneously and in accordance with the Conditions and in accordance with the terms of the Clearing Services Agreement, pay to the Noteholders, directly or through the NBB, any amounts due in respect of the Notes.
If the Notes are not to be issued on the expected Issue Date, the Issuer shall immediately notify the Domiciliary and Paying Agent, and in sufficient time to enable the Domiciliary and Paying Agent to notify the NBB-SSS within the time limits mentioned in the Clearing Services Agreement (no such cancellation will be possible after these time limits).