Examples of Relevant Payment Date in a sentence
Unless otherwise agreed, if Income is paid in relation to any borrowed Securities on or by reference to an Income Payment Date where those Securities are the subject of a loan under these Terms, the Borrower must, on the date of the payment of such Income, or on such other date as the Parties may from time to time agree, (Relevant Payment Date) pay and deliver a sum of money equivalent to that to the Lender, irrespective of whether the Borrower received the Income.
Unless other wise agreed, if Income is paid in relation to any borrowed Securities on or by reference to an In come Payment Date where those Securities are the subject of a loan under these Terms, the Borrower must, on the date of the payment of such Income, or on such other date as the Parties may from time to time agree, (Relevant Payment Date) pay and deliver asum of money equivalent to that to the Lender, irrespective of whether the Borrower received the Income.
If, whilst any Notes are represented by a Global Note, for any reason it is not possible for the Exchange Agent to purchase the USD Amount with the Lira Amount as aforesaid, the Exchange Agent shall notify the Fiscal Agent of the same and transfer the Lira Amount to the Fiscal Agent by 4.00 p.m. (London time) on Business Day prior to the Relevant Payment Date.
If, whilst any Notes are in definitive form and for any reason it is not possible for the Exchange Agent to purchase the USD Amount with the Lira Amount, the Exchange Agent shall notify the Fiscal Agent of the same and transfer the Lira Amount to the Fiscal Agent by 4.00 p.m. on the Business Day prior to the Relevant Payment Date.