Delivery of Permanent Global Security. The relevant Issuer shall, in relation to each Tranche of Securities which is represented by a Temporary Global Security which is due to be exchanged for a Permanent Global Security in accordance with its terms, ensure that there is delivered to the Fiscal Agent not less than five Local Banking Days before the relevant Temporary Global Securities becomes exchangeable therefor, the Permanent Global Security (in unauthenticated (and, if applicable, uneffectuated) form, but executed by the relevant Issuer and otherwise complete) in relation thereto unless a Master Permanent Global Security is to be used and the relevant Issuer has provided a Master Permanent Global Security to the Fiscal Agent pursuant to Clause 4.2 (Master Global Securities). The Fiscal Agent shall authenticate and deliver such Permanent Global Security in accordance with the terms hereof and of the relevant Temporary Global Security.
Delivery of Permanent Global Security. Subject to receipt by the Fiscal Agent of the Permanent Global Security in accordance with Clause 3.5 (The Securities - Availability), the Fiscal Agent shall, against presentation or (as the case may be) surrender to it or to its order of the Temporary Global Security and in accordance with the terms thereof, authenticate and deliver to the bearer of the Temporary Global Security the Permanent Global Security in the aggregate principal amount required by the terms of the Temporary Global Security or, if the Permanent Global Security has already been issued in exchange for part only of the Temporary Global Security, procure that such aggregate principal amount is noted in the schedule to the Permanent Global Security and procure the signature of such notation on its behalf.
