Common use of Alternative Clearing System Clause in Contracts

Alternative Clearing System. References in this Fiscal Agency Agreement to Euroclear and/or Clearstream shall, wherever the context so permits, be deemed to include reference to any additional or alternative clearing system approved by the Issuer and the Fiscal Agent and permitted to hold the Global Bond. Such alternative clearing system must be authorised to hold the Temporary Global Bond and Global Bond as eligible collateral for Eurosystem monetary policy and intra-day credit operations.

Alternative Clearing System. References in this Fiscal Agency Agreement to Euroclear and/or Clearstream shall, wherever the context so permits, be deemed to include reference to any additional or alternative clearing system approved by the Issuer Relevant Issuer, (in the case of Notes issued by Total Capital, Total Capital Canada or Total Capital International) the Guarantor and the Fiscal Agent and permitted to hold Agent. In the Global Bond. Such case of NGNs, such alternative clearing system must also be authorised to hold the Temporary Global Bond and Global Bond such notes as eligible collateral for Eurosystem monetary policy and intra-day credit operations.

Alternative Clearing System. References in this Fiscal Agency Agreement to Euroclear and/or Clearstream shall, wherever the context so permits, be deemed to include reference to any additional or alternative clearing system approved by the Issuer Relevant Issuer, (in the case of Notes issued by TotalEnergies Capital or TotalEnergies Capital International) the Guarantor and the Fiscal Agent and permitted to hold Agent. In the Global Bond. Such case of NGNs, such alternative clearing system must also be authorised to hold the Temporary Global Bond and Global Bond such notes as eligible collateral for Eurosystem monetary policy and intra-day credit operations.