Common use of Noteholder Settlement Option Clause in Contracts

Noteholder Settlement Option. if “Noteholder Settlement Option” is specified as the Mandatory Redemption Settlement Method, the Noteholder may, by depositing not later than the third Business Day following the related Notice of Redemption (or such other period as may be agreed by the Issuer and the Swap Counterparty) the relevant Exercised Notes at the specified office of any Paying Agent or Transfer Agent, together with an Exercise Notice, elect whether to receive the Cash Redemption Amount or the Physical Redemption Amount (provided that, if no valid election is made as to Cash Redemption Amount or Physical Redemption Amount or if the Pre-Conditions to Delivery in Base Condition 8.9(b) are not satisfied, then the relevant Noteholder will be deemed to have elected to receive the Cash Redemption Amount); and

Appears in 4 contracts

Samples: Multi Jurisdiction Repackaging Note Programme, Multi Jurisdiction Repackaging Note Programme, Multi Jurisdiction Repackaging Note Programme

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Noteholder Settlement Option. if "Noteholder Settlement Option" is specified as the Mandatory Redemption Settlement Method, the Noteholder may, by depositing not later than the third Business Day following the related Notice of Redemption (or such other period as may be agreed by the Issuer and the any Swap Counterparty) the relevant Exercised Notes at the specified office of any Paying Agent or Transfer Agent, together with an Exercise Notice, elect whether to receive the Mandatory Cash Redemption Amount or the Physical Redemption Amount (provided that, if no valid election is made as to Mandatory Cash Redemption Amount or Physical Redemption Amount or if the Pre-Conditions to Delivery in Base Condition 8.9(b6.10(b) are not satisfied, then the relevant Noteholder will be deemed to have elected to receive the Mandatory Cash Redemption Amount); and

Appears in 1 contract

Samples: Base Prospectus

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Noteholder Settlement Option. if “Noteholder Settlement Option” is specified as the Mandatory Redemption Settlement Method, the Noteholder may, by depositing not later than the third Business Day following the related Notice of Redemption (or such other period as may be agreed by the Issuer and the any Swap Counterparty) the relevant Exercised Notes at the specified office of any Paying Agent or Transfer Agent, together with an Exercise Notice, elect whether to receive the Cash Redemption Amount or the Physical Redemption Amount (provided that, if no valid election is made as to Cash Redemption Amount or Physical Redemption Amount or if the Pre-Conditions to Delivery in Base Condition 8.9(b) are not satisfied, then the relevant Noteholder will be deemed to have elected to receive the Cash Redemption Amount); and

Appears in 1 contract

Samples: Multi Jurisdiction Repackaging Note Programme

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