Examples of Relevant Branch in a sentence
Any Securities so surrendered for cancellation may not be reissued or resold and the obligations of the Bank and the Relevant Branch, in respect of any such Securities shall be discharged.
Where any Bearer Security that provides that the relative unmatured Coupons are to become void upon the due date for redemption of those Securities is presented for redemption without all unmatured Coupons, and where any Bearer Security is presented for redemption without any unexchanged Talon relating to it, redemption shall be made only against the provision of such indemnity as the Bank, acting through the Relevant Branch, may require.
If Call Option is specified in the relevant Terms, the Bank, acting through the Relevant Branch may, on giving not less than 15 nor more than 30 days’ irrevocable notice to the Securityholders (or such other notice period as may be specified in the relevant Terms) redeem, or exercise the Bank’s option (as may be described in the relevant Terms) in relation to, all or, if so provided, some, of the Securities on any Optional Redemption Date or Option Exercise Date, as the case may be.
Upon such substitution becoming effective, references in the relevant Terms to the United Kingdom (in the case where the Relevant Branch is the London Branch) or the Bahamas (in the case where the Relevant Branch is the Nassau Branch) shall be deemed to be replaced by references to the Substitute Branch’s country of domicile and, if different, the Substitute Branch’s country of residence for taxation purposes.
Title to the Registered Securities shall pass by registration in the register that the Bank, acting through the Relevant Branch, shall procure to be kept by the Registrar in accordance with the provisions of the Agency Agreement (the “Register”).
In the event that the Relevant Branch, or the then Substitute Branch, should cease to exist, such a substitution shall be effected prior to thecessation of operations by the Relevant Branch or such Substitute Branch, as the case may be.
Neither the Bank, acting through the Relevant Branch, nor the Calculation Agent shall have any responsibility for good faith errors or omissions in their calculations and determinations as provided in the Conditions, whether caused by negligence or otherwise.
The Fiscal Agent, the Paying Agents, the Registrar, the Transfer Agents and the Calculation Agent initially appointed by the Bank, acting through the Relevant Branch, and their respective specified offices are listed below.
Claims against the Bank or the Relevant Branch for payment in respect of the Securities, Receipts and Coupons (which for this purpose shall not include Talons) shall be prescribed and become void unless made within 10 years (in the case of principal) or five years (in the case of interest) from the appropriate Relevant Date in respect of them.
No commission or expenses shall be charged to the Securityholders or Couponholders in respect of such payments.(e) Appointment of Agents: The Fiscal Agent, the Paying Agents, the Registrar, the Transfer Agents and the Calculation Agent initially appointed by the Bank, acting through the Relevant Branch, and their respective specified offices are listed below.