Common Safekeeper. In relation to each Series which is in NGN form or held under the NSS, the Issuer hereby authorises and instructs the Issuing and Principal Paying Agent to elect either Euroclear or Clearstream, Banking as Common Safekeeper. From time to time, the Issuer and the Agent may agree to vary this election. The Issuer acknowledges that any such election is subject to the right of Euroclear and Clearstream, Banking to jointly determine that the other shall act as Common Safekeeper in relation to any such issue and agrees that no liability shall attach to the Issuing and Principal Paying Agent in respect of any such election made by it.
Appears in 6 contracts
Samples: Agency Agreement, Fourth Supplemental Agency Agreement, Second Supplemental Agency Agreement
Common Safekeeper. In relation to each Series which is in NGN form or held under the NSSform, the Issuer hereby authorises and instructs the Issuing and Principal Paying Agent to elect either Euroclear or Clearstream, Banking as Common Safekeeper. From time to time, the Issuer and the Agent may agree to vary this election. The Issuer acknowledges that any such election is subject to the right of Euroclear and Clearstream, Banking to jointly determine that the other shall act as Common Safekeeper in relation to any such issue and agrees that no liability shall attach to the Issuing and Principal Paying Agent in respect of any such election made by it.
Appears in 5 contracts
Samples: Fourth Supplemental Agency Agreement, Third Supplemental Agency Agreement, Agency Agreement
Common Safekeeper. In relation to each Series which is in NGN form or held under the NSS, the Issuer hereby authorises and instructs the Issuing and Principal Paying Agent to elect either Euroclear or Clearstream, Banking Luxembourg as Common Safekeeper. From time to time, the Issuer and the Issuing and Principal Paying Agent may agree to vary this election. The Issuer acknowledges that any such election is subject to the right of Euroclear and Clearstream, Banking Luxembourg to jointly determine that the other shall act as Common Safekeeper in relation to any such issue and agrees that no liability shall attach to the Issuing and Principal Paying Agent in respect of any such election made by it.
Appears in 4 contracts
Samples: Third Supplemental Agency Agreement, Agency Agreement, Agency Agreement
