Examples of Delivery Instruction in a sentence
For so long as the Notes are held in any Clearing System, any communication from such Clearing System on behalf of the Noteholder containing the information required in a Delivery Instruction Certificate will be treated as a Delivery Instruction Certificate.
For as long as Bearer Notes are represented by a Global Note, surrender of Notes, together with a Delivery Instruction Certificate will be effected by presentation of the Global Note and its endorsement to note the principal amount of Notes to which the relevant Delivery Instruction Certificate relates.
In the case where the Noteholder elects to receive the Physical Redemption Amount in respect of such Noteholder Option, the delivery of the duly completed Exercise Notice by the Noteholder in accordance with the Conditions shall be deemed to satisfy the requirement to deliver a Delivery Instruction Certificate pursuant to Base Condition 8.9(b), provided that such Exercise Notice contains all information necessary for the Issuer or its agent to effect physical delivery of the relevant assets.
Early redemption of the Notes following an Arranger Insolvency Event: Upon the occurrence of an Arranger Insolvency Event, the Issuer will give a Notice of Redemption and will redeem all of the Notes at their Mandatory Redemption Amount on the Mandatory Redemption Date, provided that a 100% Noteholder may deliver a Delivery Instruction Certificate in which event the Issuer will redeem all of the Notes at their Physical Redemption Amount.
A Noteholder will not be entitled to any Physical Redemption Amount unless it has; (x) presented or surrendered (as is appropriate) the relevant Note; and (y) delivered a Delivery Instruction Certificate at the Principal Agent’s specified office.
As receipt for such Note the Principal Agent will issue the Noteholder with a stamped, dated copy of such Delivery Instruction Certificate.
Unless Client provides AFEX with a Delivery Instruction to the contrary, if Client is the Buyer of an Option Contract that is ITM on the expiration date of the Option Contract, AFEX will exercise the Option Contract provided that any applicable Premium has been paid and Client is not otherwise in breach of this Agreement.
Once Settlement has been received by AFEX with respect to a Forward Contract or Option Contract, AFEX will deliver the funds in accordance with the Order or, if no such Delivery Instruction is provided, will credit Client’s Funding Balance.
Upon satisfaction of the Pre-Conditions to Delivery (as set out in Base Condition (b) below) the Issuer will cause to be delivered on or as soon as practicable after the Asset Delivery Date, the Physical Redemption Amount for the Notes specified in that Delivery Instruction Certificate, in accordance with the instructions contained therein.
Once Settlement has been received by AFEX with respect to a Forward Contract, AFEX will deliver the funds in accordance with the Order or, if no such Delivery Instruction is provided, will credit Client’s Funding Balance.