Common use of Coupons Clause in Contracts

Coupons. Where any Definitive Covered Bonds are to be delivered in exchange for a Global Covered Bond, the Fiscal Agent shall ensure that in the case of Definitive Covered Bonds with Coupons attached, such Definitive Covered Bonds shall have attached thereto only such Coupons as shall ensure that neither loss nor gain of interest shall accrue to the bearer thereof upon such exchange.

Appears in 5 contracts

Sources: Issue and Paying Agency Agreement, Fiscal Agency Agreement, Issue and Paying Agency Agreement