Examples of Issuer Note in a sentence
Following service of a Master Issuer Note Enforcement Notice on the Master Issuer, the Master Issuer Security Trustee or any Receiver appointed by the Master Issuer Security Trustee will administer the Master Issuer Accounts in accordance with the terms of the Master Issuer Deed of Charge.
In administering the Master Issuer Accounts on behalf of the Master Issuer and the Master Issuer Security Trustee, the Master Issuer Cash Manager shall comply with the provisions of Schedule 2 prior to receipt by the Master Issuer Cash Manager of a copy of any Master Issuer Note Enforcement Notice served on the Master Issuer.
Whenever any Master Issuer Note for which a replacement Master Issuer Note has been issued and of which the serial number is known is presented to any of the Paying Agents for payment, the relevant Paying Agent shall immediately send notice thereof to the Master Issuer, the Principal Paying Agent and the Registrar.
No Global Master Issuer Note or Definitive Note shall be valid for any purpose until it has been authenticated by the Principal Paying Agent, and, in the case of Global Master Issuer Notes held under the NSS, effectuated by the Common Safekeeper, in accordance with this Agreement and the Master Issuer Trust Deed.
Each replacement Master Issuer Note delivered hereunder shall bear a unique serial number.
The Principal Paying Agent or the Registrar (as the case may be) shall obtain verification, in the case of an allegedly lost, stolen or destroyed Master Issuer Note in respect of which the serial number is known, that such Master Issuer Note has not previously been redeemed or paid.
On each occasion on which Definitive Notes are so delivered, the amount of the relevant Global Master Issuer Note shall be reduced by the amount of the Definitive Notes so delivered and the Registrar shall procure that there is noted in the schedule to the relevant Global Master Issuer Note the amount of Definitive Notes so delivered (the Principal Amount) and the remaining Principal Amount Outstanding of the relevant Global Master Issuer Note and shall procure the signature of such notation on its behalf.
Each of the Principal Paying Agent and the Registrar shall notify the Master Issuer of the delivery by it in accordance herewith of any replacement Master Issuer Note, specifying the serial number thereof and the serial number respectively (if known) of the Master Issuer Note which it replaces and confirm (if such be the case) that the Master Issuer Note which it replaces has been cancelled or destroyed and the Registrar shall, in addition, as promptly as is practicable, enter such details on the Register.
The Principal Paying Agent shall not be responsible for the designation of any clearing system account on behalf of any holder of any Definitive Note exchangeable for a Global Master Issuer Note in accordance with Clause 3.8 of the Master Issuer Trust Deed.
Each Agent may purchase, hold and dispose of beneficial interests in a Global Master Issuer Note or any Definitive Note (as the case may be) and may enter into any transaction (including, without limitation, any depository, trust or agency transaction) with the Master Issuer or any holders or owners of any Master Issuer Notes or with any other party hereto in the same manner as if it had not been appointed as the agent of the Master Issuer or the Note Trustee in relation to the Master Issuer Notes.