Common use of Global Registered Notes Clause in Contracts

Global Registered Notes. The receipt by the relevant Issuer of immediately available funds in exchange for (i) in the case of a Global Registered Note held under the CSS, an authenticated Global Registered Note, authenticated by, and registered in the name of, a nominee for the Common Depositary, or (ii) in the case of a Global Registered Note issued under the NSS, the delivery of an authenticated Global Registered Note to, and which is then effectuated by, and registered in the name of a nominee for, the Common Safekeeper, in each case shall constitute “settlement” with respect to such Global Registered Note.

Appears in 2 contracts

Samples: Fiscal and Paying Agency Agreement (General Electric Capital Corp), Fiscal and Paying Agency Agreement (General Electric Capital Corp)

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Global Registered Notes. The receipt by the relevant Issuer of immediately available funds in exchange for (i) in the case of a Global Registered Note held under the CSS, an authenticated Global Registered Note, authenticated by, and registered in the name of, a nominee for the Common Depositary, or (ii) in the case of a Global Registered Note issued under the NSS, the delivery of an authenticated Global Registered Note to, and which is then effectuated by, and registered in the name of a nominee for, the Common Safekeeper, in each case shall constitute settlementwith respect to such Global Registered Note.

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement (General Electric Capital Corp)

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Global Registered Notes. The receipt by the relevant Issuer of immediately available funds in exchange for (i) in the case of a Global Registered Note held under the CSS, an authenticated Global Registered Note, authenticated by, and registered in the name of, a nominee for the Common Depositary, or (ii) in the case of a Global Registered Note issued under the NSS, the delivery of an authenticated Global Registered Note to, and which is then effectuated by, and registered in the name of a nominee for, the Common Safekeeper, in each case shall constitute "settlement" with respect to such Global Registered Note.

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement

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