Coupon Sheets. As regards each Bearer Note issued with a Talon, the Issuing and Paying Agent or, in the case of Bearer Notes cleared through the CMU Service, the CMU Lodging Agent shall, on or after the due date for exchange of such Talon, make available in exchange for such Talon at the specified office of the Issuing and Paying Agent or the CMU Lodging Agent, as the case may be, a further coupon sheet and, if relevant, a further Talon appertaining to such Bearer Note, but subject always to the relevant Issuer having procured the delivery of a supply of such coupon sheets to the Issuing and Paying Agent or the CMU Lodging Agent, as the case may be. To the extent that any Coupon in any such coupon sheet shall have become void before issue, the Issuing and Paying Agent or the CMU Lodging Agent, as the case may be, shall cancel such Coupon and destroy it in accordance with the provisions of Clause 7.4.
Appears in 2 contracts
Samples: Agency Agreement, Agency Agreement
Coupon Sheets. As regards each Bearer Note Security issued with a Talon, the Issuing and Paying Fiscal Agent or, in the case of Bearer Notes Securities cleared through the CMU Service, the CMU Lodging and Paying Agent shall, on or after the due date for exchange of such Talon, make available in exchange for such Talon at the specified office of the Issuing and Paying Fiscal Agent or the CMU Lodging and Paying Agent, as the case may be, a further coupon sheet and, if relevant, a further Talon appertaining to such Bearer NoteSecurity, but subject always to the relevant Issuer having procured the delivery of a supply of such coupon sheets to the Issuing and Paying Fiscal Agent or the CMU Lodging and Paying Agent, as the case may be. To the extent that any Coupon in any such coupon sheet shall have become void before issue, the Issuing and Paying Fiscal Agent or the CMU Lodging and Paying Agent, as the case may be, shall cancel such Coupon and destroy it in accordance with the provisions of Clause 7.4.
Appears in 1 contract
Coupon Sheets. As regards each Bearer Note issued with a Talon, the Issuing and Paying Fiscal Agent or, in the case of Bearer Notes cleared through the CMU ServiceCMU, the CMU Lodging and Paying Agent shall, on or after the due date for exchange of such Talon, make available in exchange for such Talon at the specified office of the Issuing and Paying Fiscal Agent or the CMU Lodging and Paying Agent, as the case may be, a further coupon sheet and, if relevant, a further Talon appertaining to such Bearer Note, but subject always to the relevant Issuer having procured the delivery of a supply of such coupon sheets to the Issuing and Paying Fiscal Agent or the CMU Lodging and Paying Agent, as the case may be. To the extent that any Coupon in any such coupon sheet shall have become void before issue, the Issuing and Paying Fiscal Agent or the CMU Lodging and Paying Agent, as the case may be, shall cancel such Coupon and destroy it in accordance with the provisions of Clause 7.4.
Appears in 1 contract
Samples: Agency Agreement