Common use of Exchange for Individual Note Certificates Clause in Contracts

Exchange for Individual Note Certificates. This Global Note Certificate will be exchanged in whole (but not in part) for duly authenticated and completed individual note certificates ("Individual Note Certificates") in substantially the form (subject to completion) set out in Schedule 3 (Form of New Individual Note Certificate) to the Supplemental Fiscal Agency Agreement if any of the following events occur: (a) Euroclear Bank SA/NV ("Euroclear") or Clearstream Banking S.A. ("Clearstream, Luxembourg") is closed for business for a continuous period of 14 days (other than by reason of legal holidays) or announces an intention permanently to cease business; or (b) any of the circumstances described in Condition 9 (Events of Default) occurs. Such exchange shall be effected in accordance with paragraph 7 (Delivery of Individual Note Certificates) below. The Issuer shall notify the Holder of the occurrence of any of the events specified in (a) and (b) as soon as practicable thereafter.

Appears in 2 contracts

Samples: Supplemental Fiscal Agency Agreement (PCGI Intermediate Holdings LTD), Supplemental Fiscal Agency Agreement (PCGI Intermediate Holdings LTD)

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Exchange for Individual Note Certificates. This Global Note Certificate will be exchanged in whole (but not in part) for duly authenticated and completed individual note certificates ("Individual Note Certificates") in substantially the form (subject to completion) set out in Schedule 3 2 (Form of New Individual Note Certificate) to the Supplemental Fiscal Agency Agreement if any of the following events occuroccurs: (a) Euroclear Bank SA/NV S.A./N.V. ("Euroclear") or Clearstream Banking S.A. Banking, société anonyme, Luxembourg ("Clearstream, Luxembourg") is closed for business for a continuous period of 14 days (other than by reason of legal holidays) or announces an intention permanently to cease business; or (b) any of the circumstances described in Condition 9 8 (Events of Default) occurs. Such exchange shall be effected in accordance with paragraph 7 (Delivery of Individual Note Certificates) below. The Issuer shall notify the Holder of the occurrence of any of the events specified in (a) and (b) as soon as practicable thereafter.

Appears in 1 contract

Samples: Agency Agreement (PCGI Intermediate Holdings LTD)

Exchange for Individual Note Certificates. This Global Note Certificate will be exchanged in whole (but not in part) for duly authenticated and completed individual note certificates ("Individual Note Certificates") in substantially the form (subject to completion) set out in Schedule 3 2 (Form of New Individual Note Certificate) to the Supplemental Fiscal Agency Agreement if any of the following events occuroccurs: (a) Euroclear Bank SA/NV ("Euroclear") or Clearstream Banking S.A. ("Clearstream, Luxembourg") is closed for business for a continuous period of 14 days (other than by reason of legal holidays) or announces an intention permanently to cease business; or (b) any of the circumstances described in Condition 9 (Events of Default) occurs. Such exchange shall be effected in accordance with paragraph 7 (Delivery of Individual Note Certificates) below. The Issuer shall notify the Holder of the occurrence of any of the events specified in (a) and (b) as soon as practicable thereafter.

Appears in 1 contract

Samples: Agency Agreement (PCGI Intermediate Holdings LTD)

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Exchange for Individual Note Certificates. This Global Note Certificate will be exchanged in whole (but not in part) for duly authenticated and completed individual note certificates ("Individual Note Certificates") in substantially the form (subject to completion) set out in the Schedule 3 2 (Form of New Individual Note Certificate) to the Supplemental Fiscal Agency Agreement if any of the following events occuroccurs: (a) Euroclear Bank SA/NV S.A./N.V. ("Euroclear") or Clearstream Banking S.A. Banking, société anonyme, Luxembourg ("Clearstream, Luxembourg") is closed for business for a continuous period of 14 days (other than by reason of legal holidays) or announces an intention permanently to cease business; or (b) any of the circumstances described in Condition 9 11 (Events of Default) occurs. Such exchange shall be effected in accordance with paragraph 7 (Delivery of Individual Note Certificates) below. The Issuer shall notify the Holder of the occurrence of any of the events specified in (a) and (b) as soon as practicable thereafter.

Appears in 1 contract

Samples: Agency Agreement

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