Asset Transfer Notices Clause Samples
Asset Transfer Notices. In relation to Physical Delivery Notes, in order to obtain delivery of the Physical Delivery Amount(s) in respect of any Note, the relevant Noteholder must deliver to Euroclear or Clearstream, Luxembourg, or any Alternative Clearing System, as the case may be, not later than 10:00 a.m. (local time) on the date (the “Physical Delivery Cut-off Date”) falling three Business Days prior to the Maturity Date, Interest Payment Date, or other relevant date as specified in the applicable Final Terms, a duly completed asset transfer notice (an “Asset Transfer Notice”) in accordance with the provisions set out in this Condition 5(h). In the case of Notes held by a Relevant Clearing System, an Asset Transfer Notice may only be delivered in such manner as is acceptable to the Relevant Clearing System, which is expected to be by authenticated SWIFT message or tested telex. Copies of the Asset Transfer Notice for Definitive Notes that are not held by the Relevant Clearing System shall be in the form set out in the Agency Agreement, and may be obtained during normal business hours from the specified office of any Paying Agent. Upon completion, an Asset Transfer Notice for Definitive Notes held outside of a Relevant Clearing System shall be delivered to any Paying Agent. The delivery of the Physical Delivery Amount(s) shall be made outside the United States and its possessions in the manner specified in the Final Terms or in such other commercially reasonable manner as the Issuer shall determine to be appropriate for such delivery and shall notify to the Noteholders in accordance with Condition 14. All expenses, including any applicable depositary charges, transaction or exercise charges, stamp duty reserve tax, withholding tax, and/or other taxes or duties (together “Expenses”), arising from the delivery and/or transfer of any Physical Delivery Amount(s) shall be for the account of the relevant Noteholder or Couponholder, as the case may be, and no delivery and/or transfer of any Physical Delivery Amount(s) shall be made until Expenses have been paid to the satisfaction of the Issuer by the relevant Noteholder or Couponholder, as the case may be. The Asset Transfer Notice shall:
Asset Transfer Notices. Each Paying Agent and the Registrar will keep a stock of Asset Transfer Notices and will make them available on demand to Noteholders which are redeemable (in whole or in part) by delivery of Asset Amounts or Entitlement, as the case may be. Upon receipt of any definitive Notes deposited with an Asset Transfer Notice in accordance with the Conditions, the Paying Agent or Registrar with which the Note is deposited shall notify the Issuer by fax as soon as reasonably practicable and thereafter shall hold such Note (together with any Receipts, Coupons and Talons relating thereto and deposited with it) to the order of the Issuer.