Meaning of outstanding. Every Note issued, authenticated and delivered in accordance with this Indenture shall be deemed to be outstanding until it is cancelled or redeemed or delivered to the Trustee for cancellation or redemption for monies or a new Note is issued in substitution for it pursuant to Section 2.10 or the payment for redemption thereof shall have been set aside under Section 5.7, provided that:
(a) when a new Note has been issued in substitution for a Note which has been lost, stolen or destroyed, only one of such Notes shall be counted for the purpose of determining the aggregate principal amount of Notes outstanding;
(b) Notes which have been partially redeemed or purchased shall be deemed to be outstanding only to the extent of the unredeemed or unpurchased part of the principal amount thereof; and
(c) for the purposes of any provision of this Indenture entitling Holders of outstanding Notes of any series to vote, sign consents, resolutions, requisitions or other instruments or take any other action under this Indenture, or to constitute a quorum of any meeting of Holders thereof, Notes owned directly or indirectly, legally or equitably, by the Issuer or any of its Subsidiaries shall be disregarded (unless the Issuer and/or one or more of its Subsidiaries are the only Holders (or Beneficial Holders) of the outstanding aggregate principal amount of such series of Notes at the time outstanding in which case they shall not be disregarded) except that:
(i) for the purpose of determining whether the Trustee shall be protected in relying on any such vote, consent, requisition or other instrument or action, or on the Holders present or represented at any meeting of Holders, only the Notes in respect of which the Trustee has received an Officers’ Certificate confirming that the Issuer and/or one or more of its Subsidiaries are the only Holders shall be so disregarded; and
(ii) Notes so owned which have been pledged in good faith other than to the Issuer or any of its Subsidiaries shall not be so disregarded if the pledgee shall establish, to the satisfaction of the Trustee, the pledgee’s right to vote such Notes, sign consents, requisitions or other instruments or take such other actions in his discretion free from the control of the Issuer or any of its Subsidiaries.
Meaning of outstanding. For the purposes of this Agreement (but without prejudice to its status for any other purpose), a Note shall be considered to be "outstanding" unless one or more of the following events has occurred:
Meaning of outstanding. Every Warrant represented by a Warrant Certificate countersigned and delivered by the Warrant Agent hereunder shall be deemed to be outstanding until it shall be cancelled or exercised pursuant to Article IV, provided that where a new Warrant Certificate has been issued pursuant to Section 2.3 hereof to replace one which has been mutilated, lost, destroyed or stolen, the Warrants represented by only one of such Warrant Certificates shall be counted for the purpose of determining the aggregate number of Warrants outstanding.
Meaning of outstanding. For the purposes of this Agreement (but without prejudice to its status for any other purpose), a Security shall be considered to be "outstanding" unless one or more of the following events has occurred:
1.2.1 it has been redeemed in full, or purchased under Condition 6(i) (Redemption and Purchase - Purchase), and in either case has been cancelled in accordance with Condition 6(j) (Redemption and Purchase - Cancellation);
1.2.2 the due date for its redemption in full has occurred and all sums due in respect of such Security (including all accrued interest) have been received by the Fiscal Agent and remain available for payment;
1.2.3 all claims for principal and interest in respect of such Security have become void under Condition 10 (Prescription);
1.2.4 it has been mutilated or defaced, or is alleged to have been lost, stolen or destroyed, and has been replaced pursuant to Condition 11 (Replacement of Securities and Coupons); or
1.2.5 for the purposes of Schedule 5 (Provisions for Meetings of Holders of Securities) only, it is held by, or by any person for the benefit of, the Issuer or the Guarantor; provided, however, that, for the purposes of (i) ascertaining the right to attend and vote at any meeting of Holders of Securities and (ii) Condition 12 (Meetings of Holders of Securities and Modification, Substitution and Variation) and Schedule 5 (Provisions for Meetings of Holders of Securities), those Securities (if any) which are for the time being held by any person (including but not limited to the Issuer, the Guarantor or any Subsidiary or Affiliate of either) for the benefit of the Issuer, the Guarantor or any Subsidiary or Affiliate of either shall (unless and until ceasing to be so held) be deemed not to remain outstanding.
Meaning of outstanding. (a) Every Debenture certified and delivered by the Trustee hereunder shall be deemed to be outstanding until:
(i) it shall be cancelled; or
(ii) it shall be delivered to the Trustee for cancellation.
(b) When a new Debenture has been issued in substitution for a Debenture pursuant to Section 2.8, only one of such Debentures shall be counted for the purpose of determining the aggregate principal amount of Debentures outstanding.
(c) For the purposes of any provision of this Trust Indenture entitling Debentureholders to vote, sign consents, requisitions or other instruments or to take any other action under this Trust Indenture, Debentures owned directly or indirectly, legally or equitably, by the Corporation or any Subsidiary of the Corporation shall be disregarded except that:
(i) for the purpose of determining whether the Trustee shall be protected in relying on any such vote, consent, requisition, instrument or other action, only the Debentures which have been certified to the Trustee as so owned shall be so disregarded; and
(ii) Debentures so owned which have been pledged in good faith other than to the Corporation or a Subsidiary of the Corporation shall not be so disregarded if the pledgee shall establish to the satisfaction of the Trustee the pledgee’s right to vote such Debentures in its discretion free from the control of the Corporation or any Subsidiary of the Corporation.
Meaning of outstanding. Every Special Warrant represented by a Special Warrant Certificate countersigned by the Special Warrant Agent or Uncertificated Special Warrant that has been Authenticated and delivered to the holder thereof is deemed to be outstanding until it is cancelled or delivered to the Special Warrant Agent for cancellation or until the Deemed Exercise Time. Where a new Special Warrant Certificate has been issued pursuant to Section 2.7 to replace one which has been mutilated, lost, stolen or destroyed, the Special Warrants represented by only one of such Special Warrant Certificates are counted for the purpose of determining the aggregate number of Special Warrants outstanding. A Special Warrant Certificate representing a number of Special Warrants which has been partially exercised will be deemed to be outstanding only to the extent of the unexercised portion of the Special Warrants.
Meaning of outstanding. For the purposes of this Agreement and the Conditions (but without prejudice to its status for any other purpose), a Security shall be considered to be "outstanding" unless one or more of the following events has occurred:
1.2.1 it has been redeemed in full under Condition 5(b) (Redemption – Redemption for tax reasons), Condition 5(c) (Redemption – Redemption for accounting reasons), Condition 5(d) (Redemption – Redemption at the option of the Issuer), Condition 5(e) (Redemption – Redemption upon a Change of Control), Condition 5(f) (Redemption – Redemption upon an initial public offering) or Condition 5(g) (Redemption – Redemption for minimum outstanding amount) and has been cancelled in accordance with Condition 5(j) (Redemption - Cancellation);
1.2.2 the due date for its redemption in full has occurred and all sums due in respect of such Security (including all Arrears of Distribution and any Additional Distribution Amount) have been received by the Fiscal Agent and remain available for payment against presentation and surrender of the relevant Certificate;
1.2.3 all claims for principal and Distribution (including any Arrears of Distribution and Additional Distribution Amount) in respect of such Security have become void under Condition 9 (Prescription);
Meaning of outstanding. For the purposes of this Agreement (but without prejudice to its status for any other purpose), a Covered Bond shall be considered to be "outstanding" unless one or more of the following events has occurred:
Meaning of outstanding. Each Warrant certified and delivered by the Agent under this Agreement will be deemed to be outstanding until it is cancelled or delivered to the Agent for cancellation, as the case may be, or until the Warrants have been exercised pursuant to the terms of this Agreement, provided that, when a new Warrant Certificate has been issued in substitution for a Warrant Certificate which has been lost, stolen, mutilated or destroyed, only one of such Warrant Certificates will be counted for the purposes of determining the number of Warrants outstanding.
Meaning of outstanding. Every Special Warrant represented by a Special Warrant Certificate countersigned and delivered by the Trustee hereunder shall be deemed to be outstanding until it shall be cancelled or delivered to the Trustee for cancellation or until the Expiry Time; provided that where a new Special Warrant Certificate has been issued pursuant to Section 2.7 hereof to replace one which has been mutilated, lost, stolen or destroyed, the Special Warrants represented by any such new Special Warrant Certificate shall be counted for the purpose of determining the aggregate number of Special Warrants outstanding.
