Issue and Subscription. relating to issue of LG Securities: Subject to clause 15.4, on each date on which a Subscriber issues LG Securities to the Issuer under the Multi-issuer Deed: (a) the Issuer shall issue to the Subscriber Borrower Notes in an aggregate Principal Amount (rounded to the nearest dollar, with $0.50 being rounded up) equal to the BN Percentage on that date of the LG Issue Price of the related LG Securities; and (b) the Subscriber shall subscribe for those Borrower Notes and pay to the Issuer the Issue Price for those Borrower Notes.
Appears in 5 contracts
Samples: Notes Subscription Agreement, Notes Subscription Agreement, Notes Subscription Agreement
