Examples of Temporary Global Securities in a sentence
You should be aware that Temporary Global Securities will not be exchangeable for Definitive Bearer Securities, unless there is a default of the relevant clearing system and no alternative clearing system is found.
Temporary Global Securities will not be exchangeable for Definitive Securities.
The Issuer shall also arrange for such unauthenticated Temporary Global Securities, Permanent Global Securities, Definitive Securities, Coupons and Talons as are required to enable the Replacement Agents to perform their obligations under Clause 5 (Replacement Securities, Coupons and Talons) to be made available to or to the order of the Replacement Agents from time to time.
Each of the Fiscal Agent and the Replacement Agent (if necessary) is authorised by the relevant Issuer to authenticate and, if applicable, effectuate such Temporary Global Securities, Permanent Global Securities and Definitive Securities, as may be required to be authenticated or, as the case may be, effectuated hereunder by the signature of any of their respective officers or any other person duly authorised for the purpose by the Fiscal Agent or (as the case may be) the Replacement Agent.
The relevant Issuer may, at its option, deliver from time to time to the Fiscal Agent a stock of Master Temporary Global Securities and Master Permanent Global Securities.
Each of the Issuers has delivered to the Fiscal Agent a stock of Master Temporary Global Securities and Master Permanent Global Securities (in unauthenticated form but executed on behalf of the relevant Issuer) based on the forms appearing in Schedules 6 (Form of Temporary Global Security) and 7 (Form of Permanent Global Security), respectively.
On or after the Exchange Date, interests in Temporary Global Securities will be exchangeable for interests in a Regulation S Global Security of the same Class upon certification that the beneficial interests in such Temporary Global Security are owned by persons or entities who are not U.S. persons.
Transfers of interests in such Temporary Global Securities or Permanent Global Securities will be made in accordance with the normal Euromarket debt securities operating procedures of Euroclear and Clearstream or, if appropriate, the alternative clearing system.
Bearer Notes represented by Temporary Global Securities or Permanent Global Securities will be delivered to a common safekeeper (the "Common Safekeeper") for Euroclear and/or Clearstream, Luxembourg, if in NGN form.
Prior to the Exchange Date, Temporary Global Securities may not be transferred to Persons taking delivery of a Rule 144A Global Security (in the case of Secured Notes) or a Certificated Security.