Common use of Delivery of Permanent Global Security Clause in Contracts

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.

Appears in 8 contracts

Samples: Issue and Paying Agency Agreement, Issue and Paying Agency Agreement, Issue and Paying Agency Agreement

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