Aggregate Number. The aggregate number of ETP Securities from time to time represented by this Global Bearer Security shall be an amount equal to the aggregate number of the ETP Securities from time to time entered in the records of each of Euroclear, Clearstream, Luxembourg and Clearstream, Frankfurt (together, the “relevant Clearing Systems”), which shall be completed and/or amended as the case may be upon (i) the issue of the ETP Securities represented hereby (in the case of ETP Securities represented by this Global Bearer Security upon issue), (ii) the exchange of the whole of this Global Bearer Security for Definitive Securities and/or (iii) the redemption or purchase and cancellation of ETP Securities represented hereby, all as described below. The records of the relevant Clearing Systems (which expression in this Global Bearer Security means the records that each relevant Clearing System holds for its customers which reflect the amount of such customers' interests in the ETP Securities) shall be conclusive evidence of the number of the ETP Securities represented by this Global Bearer Security and, for these purposes, a statement issued by a relevant Clearing System (which statement shall be made available to the bearer upon request) stating the number of ETP Securities represented by this Global Bearer Security at any time shall be conclusive evidence of the records of the relevant Clearing System at that time. Promise to Pay Subject as provided herein, the Issuer, for value received, hereby promises to pay to the bearer of this Global Bearer Security, upon presentation and (when no further payment is due in respect of this Global Bearer Security) surrender of this Global Bearer Security, on the Final Redemption Date (or on such earlier date as the amount payable upon redemption under the Conditions may become due and payable in accordance with the Conditions) the relevant Principal payable under the Conditions in respect of the aggregate number of ETP Securities represented by this Global Bearer Security, together with such other sums and additional amounts (if any) as may be payable under the Conditions, in accordance with the Conditions.
Appears in 3 contracts
Samples: Master Trust Deed, Master Trust Deed, Global Deed of Amendment and Restatement
Aggregate Number. The aggregate number of ETP Securities from time to time represented by this Global Bearer Security shall be an amount equal to the aggregate number of the ETP Securities from time to time entered in the records of each of Euroclear, Clearstream, Luxembourg and Clearstream, Frankfurt (together, the “relevant Clearing Systems”), which shall be completed and/or amended as the case may be upon (i) the issue of the ETP Securities represented hereby (in the case of ETP Securities represented by this Global Bearer Security upon issue), (ii) the exchange of the whole of this Global Bearer Security for Definitive Securities and/or (iii) the redemption or purchase and cancellation of ETP Securities represented hereby, all as described below. The records of the relevant Clearing Systems (which expression in this Global Bearer Security means the records that each relevant Clearing System holds for its customers which reflect the amount of such customers' interests in the ETP Securities) shall be conclusive evidence of the number of the ETP Securities represented by this Global Bearer Security and, for these purposes, a statement issued by a relevant Clearing System (which statement shall be made available to the bearer upon request) stating the number of ETP Securities represented by this Global Bearer Security at any time shall be conclusive evidence of the records of the relevant Clearing System at that time. Promise to Pay Subject as provided herein, the Issuer, for value received, hereby promises to pay to the bearer of this Global Bearer Security, upon presentation and (when no further payment is due in respect of this Global Bearer Security) surrender of this Global Bearer Security, on the Final Redemption Date (or on such earlier date as the amount payable upon redemption under the Conditions may become due and payable in accordance with the Conditions) the relevant Principal payable under the Conditions in respect of the aggregate number of ETP Securities represented by this Global Bearer Security, together with such other sums and additional amounts (if any) as may be payable under the Conditions, in accordance with the Conditions.
Appears in 2 contracts
Samples: Master Trust Deed, Master Trust Deed
Aggregate Number. The aggregate number of ETP Securities from time to time represented by this Global Bearer Security shall be an amount equal to the aggregate number of the ETP Securities from time to time entered in the records of each of Euroclear, Clearstream, Luxembourg and Clearstream, Frankfurt (together, the “relevant Clearing Systems”), which shall be completed and/or amended as the case may be upon (i) the issue of the ETP Securities represented hereby (in the case of ETP Securities represented by this Global Bearer Security upon issue), (ii) the exchange of the whole of this Global Bearer Security for Definitive Securities and/or (iii) the redemption or purchase and cancellation of ETP Securities represented hereby, all as described below. The records of the relevant Clearing Systems (which expression in this Global Bearer Security means the records that each relevant Clearing System holds for its customers which reflect the amount of such customers' interests in the ETP Securities) shall be conclusive evidence of the number of the ETP Securities represented by this Global Bearer Security and, for these purposes, a statement issued by a relevant Clearing System (which statement shall be made available to the bearer upon request) stating the number of ETP Securities represented by this Global Bearer Security at any time shall be conclusive evidence of the records of the relevant Clearing System at that time. Promise to Pay Subject as provided herein, the Issuer, for value received, hereby promises to pay to the bearer of this Global Bearer Security, upon presentation and (when no further payment is due in respect of this Global Bearer Security) surrender of this Global Bearer Security, on the Interest Payment Date or Final Redemption Date (or on such earlier date as the amount payable upon redemption under the Conditions may become due and payable in accordance with the Conditions) the relevant Interest Amount or Principal payable under the Conditions in respect of the aggregate number of ETP Securities represented by this Global Bearer Security, Security together with such other sums and additional amounts (if any) as may be payable under the Conditions, in accordance with the Conditions.
Appears in 1 contract
Samples: Master Trust Deed