Common use of Commercial Paper Clause in Contracts

Commercial Paper. In respect of any Tranche of Notes which has a maturity of less than one year from the date of the issue, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(a) of Appendix 2; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 6 contracts

Samples: Programme Agreement, Programme Agreement, Programme Agreement

AutoNDA by SimpleDocs

Commercial Paper. In respect of any Tranche of Notes which has a maturity of less than one year from the date of the issue, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(a3(a) of Appendix ‎Appendix 2; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 4 contracts

Samples: Programme Agreement (Autoliv Inc), Programme Agreement (Autoliv Inc), Programme Agreement (Autoliv Inc)

Commercial Paper. In respect of any Tranche of Notes which has having a maturity of less than one year from the date of the issueyear, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aparagraph 2(ii) of Appendix 2B; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 4 contracts

Samples: Programme Agreement (International Lease Finance Corp), Programme Agreement (International Lease Finance Corp), Programme Agreement (International Lease Finance Corp)

Commercial Paper. In respect of any Tranche of Notes which has a maturity of less than one year from the date of the issue, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(a3(a) of Appendix 2; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 3 contracts

Samples: Programme Agreement (Autoliv Inc), Programme Agreement (Luxottica Group Spa), Programme Agreement (Luxottica Group Spa)

Commercial Paper. In respect of any Tranche of Notes which has a maturity of less than one year from the date of the issueyear, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(a3(a) of Appendix 2; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 3 contracts

Samples: Programme Agreement, Programme Agreement, Programme Agreement

Commercial Paper. In respect of any Tranche of Notes which has having a maturity of less than one year from the date of the issueyear, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aparagraph 2(iii) of Appendix 2B; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 2 contracts

Samples: Programme Agreement (Portugal Telecom SGPS Sa), Programme Agreement (Portugal Telecom SGPS Sa)

Commercial Paper. In respect of any Tranche of Notes which has have a maturity of less than one year from the date of the issueyear, the relevant Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aparagraph 2(iii) of Appendix 2B; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 2 contracts

Samples: Programme Agreement (Reuters Group PLC /Adr/), Programme Agreement (Reuters Group PLC /Adr/)

Commercial Paper. In respect of any Tranche of Notes which has having a maturity of less than one year from the date of the issueyear, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aparagraphs 3(a) and 6 of Appendix 2B; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 2 contracts

Samples: Programme Agreement (International Lease Finance Corp), Programme Agreement (International Lease Finance Corp)

Commercial Paper. In respect of any Tranche of Notes which has a maturity of less than one year from the date of the issueyear, the Issuer Flemish Community will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the UK FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aparagraph (b) under section “United Kingdom” of Appendix 2B; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).amount).‌

Appears in 1 contract

Samples: Programme Agreement

Commercial Paper. In respect of any Tranche of Notes which has a maturity of less than one year from the date of the issueyear, the Issuer Flemish Community will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the UK FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aparagraph (b) under section “United Kingdom” of Appendix 2B; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 1 contract

Samples: Programme Agreement

Commercial Paper. In respect of any Tranche of Notes which has have a maturity of less than one year from the date of the issueyear, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aparagraph 2(b) of Appendix 2; and (b) the redemption value of each Note is not less than £100,000 L100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 L100,000 (or such an equivalent amount).

Appears in 1 contract

Samples: Program Agreement (Ciba Specialty Chemicals Holding Inc /Fi/)

Commercial Paper. In respect of any Tranche of Notes which that has a maturity of less than one year from the date of the issueapplicable Issue Date, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aClause 4(a) of Appendix 2; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 1 contract

Samples: Programme Agreement

Commercial Paper. In respect of any Tranche of Notes which has having a maturity of less than one year from the date of the issueyear, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) 5.9.1 the relevant Dealer covenants in the terms set out in subclause 3.2(a) paragraph 2.1.2 of Appendix Schedule 2; and (b) 5.9.2 the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 1 contract

Samples: Programme Agreement (Coca Cola Enterprises Inc)

Commercial Paper. In respect of any Tranche of Notes which has having a maturity of less than one year from and including the date of the issue, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aparagraph 2(iii) of Appendix 2B; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 1 contract

Samples: Programme Agreement (Portugal Telecom SGPS Sa)

AutoNDA by SimpleDocs

Commercial Paper. In respect of any Tranche of Notes which has a maturity of less than one year from the date of the issueyear, the each Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(a3(a) of Appendix 2; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 1 contract

Samples: Programme Agreement (Wachovia Corp New)

Commercial Paper. In respect of any Tranche of Notes which has a maturity must be redeemed before the first anniversary of less than one year from the date of the its issue, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aparagraph 2(ii) of Appendix 2B; and (b) the redemption value of each Note is not less than £100,000 (pound)100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (pound)100,000 (or such an equivalent amount).

Appears in 1 contract

Samples: Program Agreement (Ciba Specialty Chemicals Holding Inc /Fi/)

Commercial Paper. In respect of any Tranche of Notes which has having a maturity of less than one year from and including the date of the issue, the relevant Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aparagraph 2(iii) of Appendix 2B; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 1 contract

Samples: Programme Agreement (Portugal Telecom SGPS Sa)

Commercial Paper. In respect of any Tranche of Notes which has having a maturity of less than one year from the date of the issue, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the each relevant Dealer covenants in the terms set out in subclause 3.2(aparagraph 4(i) of Appendix 2B; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 1 contract

Samples: Programme Agreement

Commercial Paper. In respect of any Tranche of Notes which has a maturity must be redeemed before the first anniversary of less than one year from the date of the its issue, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aparagraph 2(iii) of Appendix 2B; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 1 contract

Samples: Programme Agreement (Cadbury Schweppes Public LTD Co)

Commercial Paper. In respect of any Tranche of Notes which has a maturity must be redeemed before the first anniversary of less than one year from the date of the its issue, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aparagraph 2(ii) of Appendix 2B; and (b) the redemption value of each Note is not less than £100,000 pound sterling100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 pound sterling100,000 (or such an equivalent amount).

Appears in 1 contract

Samples: Programme Agreement (International Lease Finance Corp)

Commercial Paper. In respect of any Tranche of Notes which has having a maturity of less than one year from the date of the issueyear, the Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aparagraph 2(ii) of Appendix 2B; and (b) the redemption value of each Note is not less than £100,000 L100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 L100,000 (or such an equivalent amount).

Appears in 1 contract

Samples: Programme Agreement (International Lease Finance Corp)

Commercial Paper. In respect of any Tranche of Notes which has a maturity of less than one year from the date of the issueyear, the relevant Issuer will issue such Notes only if the following conditions apply (or the Notes can otherwise be issued without contravention of Section 19 of the FSMA): (a) the relevant Dealer covenants in the terms set out in subclause 3.2(aparagraph 3(a) of Appendix 2; and (b) the redemption value of each Note is not less than £100,000 (or an amount of equivalent value denominated wholly or partly in a currency other than sterling), and no part of any Note may be transferred unless the redemption value of that part is not less than £100,000 (or such an equivalent amount).

Appears in 1 contract

Samples: Programme Agreement (Enel Societa Per Azioni)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!