Common use of Destruction by Common Safekeeper Clause in Contracts

Destruction by Common Safekeeper. The Registrar may instruct the Common Safekeeper to destroy a mutilated or defaced Class A Note or Class A Note in registered definitive form in which case, upon receipt of confirmation of destruction by the Common Safekeeper, the Registrar shall furnish the Issuer with a copy of the confirmation of destruction received by it from the Common Safekeeper.

Appears in 2 contracts

Samples: investorreporting.paragonbankinggroup.co.uk, investorreporting.paragonbankinggroup.co.uk

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Destruction by Common Safekeeper. The Registrar may instruct the Common Safekeeper to destroy a mutilated or defaced Class A Note or a Class A Note in registered definitive form in which case, upon receipt of confirmation of destruction by the Common Safekeeper, the Registrar shall furnish the Issuer with a copy of the confirmation of destruction received by it from the Common Safekeeper.

Appears in 2 contracts

Samples: Trustee Agency Agreement, investorreporting.paragonbankinggroup.co.uk

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Destruction by Common Safekeeper. The Registrar may instruct the Common Safekeeper to destroy a mutilated or defaced Class A A1 Note or Class A A2 Note, or a Class A1 Note or Class A2 Note in registered definitive form in which case, upon receipt of confirmation of destruction by the Common Safekeeper, the Registrar shall furnish the Issuer with a copy of the confirmation of destruction received by it from the Common Safekeeper.

Appears in 1 contract

Samples: Agency Agreement

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