ICSDs. instruct the Fiscal Agent to cancel a specified aggregate principal amount of Covered Bonds represented by an NGCB Temporary Global Covered Bond or an NGCB Permanent Global Covered Bond (which instructions shall be accompanied by evidence satisfactory to the Fiscal Agent that the Issuer is entitled to give such instructions) whereupon the Fiscal Agent shall instruct the ICSDs (in accordance with the provisions of Schedule 1 (Duties under the Issuer-ICSDs Agreement)) to make appropriate entries in their respective records to reflect such cancellation.
Appears in 4 contracts
Samples: Agreement, Issue and Paying Agency Agreement, Paying Agency Agreement
