Relevant Account Holder means any account holder with the Relevant Clearing System which has Underlying Notes (as defined in the definition of “Global Bearer Note”) credited to its securities account from time to time;
Relevant Account Holder has the meaning given to it in Condition 1.02 (Form and Denomination);
Relevant Account Holder means an Original Account Holder or a Subsequent Account Holder, as the case may be;
Examples of Relevant Account Holder in a sentence
The Issuer's obligation under this clause shall be a separate and independent obligation by reference to each Underlying Note which a Relevant Account Holder has credited to its securities account with the Relevant Clearing System and the Issuer agrees that a Relevant Account Holder may assign its rights under this Deed in whole or in part.
More Definitions of Relevant Account Holder
Relevant Account Holder means the holder of any account with a Clearing System Operator which at the Relevant Time has credited to its securities account with such Clearing System Operator an Entry or Entries in respect of this Global Note (or the relevant part of it) or the Notes represented by it except for a Clearing System Operator in its capacity as an account holder of another Clearing System Operator and
Relevant Account Holder means any account holder with the Relevant Clearing System which has underlying Notes credited to its securities account from time to time.
Relevant Account Holder means an Account Holder who has one or more Entries credited to his Securities Account at the Effective Time.
Relevant Account Holder means any account holder with a Clearing System which at the Determination Date has credited to its securities account with such Clearing System one or more Entries in respect of the Temporary Global Security or the Permanent Global Security, except for either Clearing System in its capacity as an account holder of the other Clearing System.
Relevant Account Holder means any account holder with a Relevant Clearing System which has underlying Bonds credited to its securities account from time to time. Partial redemption at the option of the Issuer The option of the Issuer provided for in Condition 5(c) or 5(d) shall be exercised by the Issuer giving notice to the Bondholders and the relevant Clearing Systems (or procuring that such notice is given on its behalf) within the time limits set out in and containing the information required by the relevant Condition except that the notice shall not be required to contain the certificate numbers of Bonds drawn for redemption in the case of a partial redemption of Bonds and accordingly no drawing of Bonds for redemption shall be required. In the case of a partial exercise of an option, the rights of accountholders with a relevant Clearing System in respect of the Bonds will be governed by the standard procedures of the relevant Clearing System and shall be reflected in the records of the relevant Clearing System as either a pool factor or a reduction in nominal amount, at their discretion. Following the exercise of any such option, the Issuer shall procure that the nominal amount of the Bonds recorded in the records of the relevant Clearing Systems and represented by this Global Bond shall be reduced accordingly. Redemption at the option of Bondholders The option of the Bondholders provided for in Condition 5(g) may be exercised by the holder of this Global Bond giving notice to the Fiscal Agent within the time limits relating to the deposit of Bonds with a Paying Agent set out in that Condition, in accordance with the rules and procedures of Euroclear and Clearstream, Luxembourg. Following the exercise of any such option, the Issuer shall procure that the nominal amount of the Bonds recorded in the records of the relevant Clearing Systems and represented by this Global Bond shall be reduced by the aggregate nominal amount stated in the relevant exercise notice. No provision of this Global Bond shall alter or impair the obligation of the Issuer to pay the principal and interest on the Bonds when due in accordance with the Conditions. This Global Bond is a bearer document and negotiable and accordingly:
Relevant Account Holder means the holder of any account with a Clearing System Operator which at the Relevant Time has credited to its securities account with such Clearing System Operator an Entry or Entries in respect of the relevant Global Certificate (or the relevant part of it) or the Notes represented by it except for a Clearing System Operator in its capacity as an account holder of another Clearing System Operator; and
Relevant Account Holder means any account holder with the relevant clearing system which at the Relevant Time has credited to its Securities account with the relevant clearing system, as the case may be, an Entry or Entries in respect of this Classic Permanent Global Covered Bond or any relevant part of it, as the case may be.