Common use of Authentication and Deposit of Global Note Certificates Clause in Contracts

Authentication and Deposit of Global Note Certificates. The Current Issuer shall, on or prior to the Closing Date, deliver each unauthenticated Global Note Certificate to or to the order of the Registrar for authentication in accordance with Clause 3.1 (Global Note Certificates). The Registrar shall, on or about the Closing Date, authenticate each Global Note Certificate in accordance with Clause 3.1 (Global Note Certificates). The Euro Global Note Certificates and the Sterling Global Note Certificates shall be registered in the name of Citivic Nominees Limited as nominee for, and shall be deposited on or about the Closing Date with, the Common Depositary. The Dollar Global Note Certificates shall be registered in the name of Cede & Co. as nominee of DTC, and shall be deposited on or about the Closing Date with, the DTC Custodian. The Current Issuer shall also arrange, on written request, for such unauthenticated Global Note Certificates as are required to enable the Registrar and Transfer Agent to perform their obligations under Clause 6 (Replacement Note Certificates) and Clause 9 (Transfers of Current Issuer Notes) to be made available to or to the order of the Registrar from time to time. Participants in DTC, Euroclear and Clearstream, Luxembourg shall have no rights under this Agreement with respect to the Global Note Certificates and DTC, Euroclear, Clearstream, Luxembourg or their respective nominees may be treated by the Current Issuer or any Agent as the absolute owner of each Global Note Certificate for all purposes under this Agreement. Notwithstanding the foregoing, nothing in this Agreement shall impair, as between DTC, Euroclear and Clearstream, Luxembourg and their respective participants, the operation of customary practices governing the exercise of the rights of a Holder of any Current Issuer Note.

Appears in 8 contracts

Samples: Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 04-1 PLC), Agreement (Granite Mortgages 03-2 PLC), Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 03-3 PLC)

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Authentication and Deposit of Global Note Certificates. The Current Subject to Clause 3.5 (Master Global Note Certificate), following receipt of a faxed copy of a Note Supplement signed by the Master Issuer, the Master Issuer shallauthorises the Registrar, and the Registrar agrees, on or prior behalf of the Master Issuer to the Closing Date, deliver each unauthenticated prepare a Global Note Certificate to or to the order in respect of each Series and Class of Issuer Notes specified in such Note Supplement by attaching a copy of the Registrar for authentication in accordance with Clause 3.1 (Note Supplement to a copy of the signed master Global Note Certificates)Certificate. The Registrar shall, on or about the applicable Closing Date, authenticate each Global Note Certificate in accordance with Clause 3.1 (Global Note Certificates). The Euro Global Note Certificates and the Sterling Reg S Global Note Certificates shall be registered in the name of Citivic Nominees Limited as nominee for, and shall be deposited on or about the relevant Closing Date with, the Common Depositary. The Dollar US Global Note Certificates shall be registered in the name of Cede & Co. as nominee of DTC, and shall be deposited on or about the relevant Closing Date with, the DTC Custodian. The Current Master Issuer shall also arrange, on written request, for such unauthenticated Global Note Certificates as are required to enable the Registrar and Transfer Agent to perform their obligations under Clause 6 (Replacement Note Certificates) and Clause 9 (Transfers of Current Issuer Notes) to be made available to or to the order of the Registrar from time to time. Participants in DTC, Euroclear and Clearstream, Luxembourg shall have no rights under this Agreement with respect to the Global Note Certificates and DTC, Euroclear, Clearstream, Luxembourg or their respective nominees may be treated by the Current Master Issuer or any Agent as the absolute owner of each Global Note Certificate for all purposes under this Agreement. Notwithstanding the foregoing, nothing in this Agreement shall impair, as between DTC, Euroclear and Clearstream, Luxembourg and their respective participants, the operation of customary practices governing the exercise of the rights of a Holder of any Current Issuer Note.

Appears in 1 contract

Samples: Calculation Agency Agreement (Granite Finance Trustees LTD)

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Authentication and Deposit of Global Note Certificates. The Current Master Issuer shall, on or prior to the each Closing Date, Date deliver each unauthenticated a Reg S Global Note Certificate to or to the order of the Registrar for authentication in accordance with Clause 3.1 (a US Global Note Certificates)Certificate (as the case may be) in respect of each Series and Class of Issuer Notes specified in the applicable Final Terms to be issued on the applicable Closing Date. The Registrar shall, on or about the applicable Closing Date, authenticate each Global Note Certificate in accordance with Clause 3.1 (Global Note Certificates). The Euro Global Note Certificates and the Sterling Reg S Global Note Certificates shall be registered in the name of Citivic Nominees Limited as nominee for, and shall be deposited on or about the relevant Closing Date with, ; the Common Depositary. The Dollar US Global Note Certificates shall be registered in the name of Cede & Co. as nominee of DTC, and shall be deposited on or about the relevant Closing Date with, with the DTC Custodian. The Current Master Issuer shall also arrange, on written request, for such unauthenticated Global Note Certificates as are required to enable the Registrar and Transfer Agent to perform their obligations under Clause 6 (Replacement Note Certificates) and Clause 9 (Transfers of Current Issuer Notes) to be made available to or to the order of the Registrar from time to time. Participants in DTC, Euroclear and Clearstream, Luxembourg shall have no rights under this Agreement with respect to the Global Note Certificates and DTCthe Common Depositary, Euroclear, Clearstream, Luxembourg the DTC Custodian or their respective nominees (as applicable) may be treated by the Current Master Issuer or any Agent as the absolute owner of each Global Note Certificate for all purposes under this Agreement. Notwithstanding the foregoing, nothing in this Agreement shall impair, as between DTC, Euroclear and Clearstream, Luxembourg and their respective participants, the operation of customary practices governing the exercise of the rights of a Holder of any Current Issuer Note.

Appears in 1 contract

Samples: Calculation Agency Agreement (Granite Finance Trustees LTD)

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