Common use of Originally Issued Bearer Securities Clause in Contracts

Originally Issued Bearer Securities. This Section 1(e)(i) shall apply only to definitive bearer Securities, temporary bearer Securities and definitive bearer global Securities that are originally issued at the time of sale thereof. The Issuer shall not deliver for original issuance at the time of sale thereof any definitive bearer Security, temporary bearer Security or definitive bearer global Security of any Series to the person entitled to physical delivery thereof (other than Euroclear Bank SA/NV (“EUROCLEAR”), Clearstream Banking S.A. (“CLEARSTREAM”) or such other clearing system located outside the United States and its possessions as the Issuer may select (“Clearing System”)) except upon delivery by such person to the Issuer of a certificate in substantially the form set forth in Exhibit D and, where the person entitled to physical delivery of such Securities is EUROCLEAR, CLEARSTREAM or Clearing System, only upon delivery to the Issuer of a certificate substantially in the form set forth in Exhibit E. Notwithstanding any other provision hereof or of the Securities of a Series, no bearer Security may be mailed to or otherwise delivered to any location within the United States or its possessions in connection with its sale during the restricted period in respect of such Security (as defined in United States Treasury Regulations Section 1.163‑5(c)(2)(i)(D)(7)).

Appears in 4 contracts

Samples: Fiscal Agency Agreement (European Investment Bank), Fiscal Agency Agreement (European Investment Bank), Fiscal Agency Agreement (European Investment Bank)

AutoNDA by SimpleDocs

Originally Issued Bearer Securities. This Section 1(e)(i) shall apply only to definitive bearer Securities, temporary bearer Securities and definitive bearer global Securities that are originally issued at the time of sale thereof. The Issuer shall not deliver for original issuance at the time of sale thereof any definitive bearer Security, temporary bearer Security or definitive bearer global Security of any Series to the person entitled to physical delivery thereof (other than the Euroclear Bank SA/NV (“EUROCLEAR”), Clearstream Banking S.A. société anonyme (“CLEARSTREAM”) or such other clearing system located outside the United States and its possessions as the Issuer may select (“Clearing System”)) except upon delivery by such person to the Issuer of a certificate in substantially the form set forth in Exhibit D and, where the person entitled to physical delivery of such Securities is EUROCLEAR, CLEARSTREAM or Clearing System, only upon delivery to the Issuer of a certificate substantially in the form set forth in Exhibit E. Notwithstanding any other provision hereof or of the Securities of a Series, no bearer Security may be mailed to or otherwise delivered to any location within the United States or its possessions in connection with its sale during the restricted period in respect of such Security (as defined in United States Treasury Regulations Section 1.163‑5(c)(2)(i)(D)(71.163 5(c)(2)(i)(D)(7)).

Appears in 2 contracts

Samples: Fiscal Agency Agreement (Council of Europe Development Bank), Fiscal Agency Agreement (Council of Europe Development Bank)

Originally Issued Bearer Securities. This Section 1(e)(i) shall apply only to definitive bearer Securities, temporary bearer Securities and definitive bearer global Securities that are originally issued at the time of sale thereof. The Issuer shall not deliver for original issuance at the time of sale thereof any definitive bearer Security, temporary bearer Security or definitive bearer global Security of any Series to the person entitled to physical delivery thereof (other than Euroclear Bank SA/NV the EUROCLEAR BANK S.A. system ("EUROCLEAR"), Clearstream Banking S.A. société anonyme ("CLEARSTREAM") or such other clearing system located outside the United States and its possessions as the Issuer may select ("Clearing System")) except upon delivery by such person to the Issuer of a certificate in substantially the form set forth in Exhibit D and, where the person entitled to physical delivery of such Securities is EUROCLEAR, CLEARSTREAM or Clearing System, only upon delivery to the Issuer of a certificate substantially in the form set forth in Exhibit E. Notwithstanding any other provision hereof or of the Securities of a Series, no bearer Security may be mailed to or otherwise delivered to any location within the United States or its possessions in connection with its sale during the restricted period in respect of such Security (as defined in United States Treasury Regulations Section 1.163‑5(c)(2)(i)(D)(71.163-5(c)(2)(i)(D)(7)).

Appears in 2 contracts

Samples: Fiscal Agency Agreement (European Investment Bank), Fiscal Agency Agreement (European Investment Bank)

Originally Issued Bearer Securities. This Section 1(e)(i) shall apply only to definitive bearer Securities, temporary bearer Securities and definitive bearer global Securities that are originally issued at the time of sale thereof. The Issuer shall not deliver for original issuance at the time of sale thereof any definitive bearer Security, temporary bearer Security or definitive bearer global Security of any Series to the person entitled to physical delivery thereof (other than the Euroclear Bank SA/NV (“EUROCLEAR”), Clearstream Banking S.A. (“CLEARSTREAMS.A.(“CLEARSTREAM”) or such other clearing system located outside the United States and of America, its territories, its possessions and other areas subject to its jurisdiction (the “United States”) as the Issuer may select (“Clearing System”)) ), except upon delivery by such person to the Issuer of a certificate in substantially the form set forth in Exhibit D and, where the person entitled to physical delivery of such Securities is EUROCLEAR, CLEARSTREAM or Clearing System, only upon delivery to the Issuer of a certificate substantially in the form set forth in Exhibit E. Notwithstanding any other provision hereof or of the Securities of a Series, no bearer Security may be mailed to or otherwise delivered to any location within the United States or its possessions in connection with its sale during the restricted period in respect of such Security (as defined in United States Treasury Regulations Section 1.163‑5(c)(2)(i)(D)(71.163-5(c)(2)(i)(D)(7)).

Appears in 1 contract

Samples: Fiscal Agency Agreement (Asian Infrastructure Investment Bank)

Originally Issued Bearer Securities. This Section 1(e)(i) shall apply only to definitive bearer Securities, temporary bearer Securities and definitive bearer global Securities that are originally issued at the time of sale thereof. The Issuer shall not deliver for original issuance at the time of sale thereof any definitive bearer Security, temporary bearer Security or definitive bearer global Security of any Series to the person entitled to physical delivery thereof (other than the Euroclear Bank SA/NV (“EUROCLEAR”), Clearstream Banking S.A. (“CLEARSTREAM”) or such other clearing system located outside the United States and its possessions as the Issuer may select (“Clearing System”)) ), except upon delivery by such person to the Issuer of a certificate in substantially the form set forth in Exhibit D and, where the person entitled to physical delivery of such Securities is EUROCLEAR, CLEARSTREAM or Clearing System, only upon delivery to the Issuer of a certificate substantially in the form set forth in Exhibit E. Notwithstanding any other provision hereof or of the Securities of a Series, no bearer Security may be mailed to or otherwise delivered to any location within the United States or its possessions in connection with its sale during the restricted period in respect of such Security (as defined in United States Treasury Regulations Section 1.163‑5(c)(2)(i)(D)(71.163-5(c)(2)(i)(D)(7)).

Appears in 1 contract

Samples: Fiscal Agency Agreement (Asian Infrastructure Investment Bank)

AutoNDA by SimpleDocs

Originally Issued Bearer Securities. This Section 1(e)(i1(e) shall apply only to definitive bearer Securities, temporary bearer Securities and definitive bearer global Securities that which are originally issued at the time of sale thereof. The Issuer shall not deliver for original issuance at the time of sale thereof any definitive bearer Security, temporary bearer Security or definitive bearer global Security of any Series to the person entitled to physical delivery thereof (other than a common depositary or its nominee (the “Common Depositary”) for the benefit of the operator of the Euroclear Bank SA/NV system (“EUROCLEAREuroclear), ) or Clearstream Banking S.A. (“CLEARSTREAM”) or such other clearing system located outside the United States and its possessions as the Issuer may select (“Clearing SystemClearstream”)) except upon delivery by such person to the Issuer of a certificate in substantially the form set forth in Exhibit D andF hereto (or such other form as is acceptable to Euroclear, Clearstream and the Fiscal Agent) and where the person entitled to physical delivery of such Securities is EUROCLEAR, CLEARSTREAM Euroclear or Clearing SystemClearstream, only upon delivery to the Issuer of a certificate in substantially in the form set forth in Exhibit E. G hereto (or such other form as is acceptable to Euroclear, Clearstream and the Fiscal Agent). Notwithstanding any other provision hereof or of the Securities of a Series, no bearer Security of such Series may be mailed to or otherwise delivered to any location within the United States or its possessions of America in connection with its their sale during the restricted period in respect of such Security (as defined in United States Treasury Regulations Section 1.163‑5(c)(2)(i)(D)(71.163-5(c)(2)(i)(D)(7)).

Appears in 1 contract

Samples: Fiscal Agency Agreement (Republic of Turkey)

Originally Issued Bearer Securities. This Section 1(e)(i) shall apply only to definitive bearer Securities, temporary bearer Securities and definitive bearer global Securities that are originally issued at the time of sale thereof. The Issuer shall not deliver for original issuance at the time of sale thereof any definitive bearer Security, temporary bearer Security or definitive bearer global Security of any Series to the person entitled to physical delivery thereof (other than Euroclear Bank the EUROCLEAR BANK SA/NV system ("EUROCLEAR"), Clearstream Banking S.A. (“CLEARSTREAM”) or such other clearing system located outside the United States and its possessions as the Issuer may select ("Clearing System")) except upon delivery by such person to the Issuer of a certificate in substantially the form set forth in Exhibit D and, where the person entitled to physical delivery of such Securities is EUROCLEAR, CLEARSTREAM or Clearing System, only upon delivery to the Issuer of a certificate substantially in the form set forth in Exhibit E. Notwithstanding any other provision hereof or of the Securities of a Series, no bearer Security may be mailed to or otherwise delivered to any location within the United States or its possessions in connection with its sale during the restricted period in respect of such Security (as defined in United States Treasury Regulations Section 1.163‑5(c)(2)(i)(D)(7)).

Appears in 1 contract

Samples: Fiscal Agency Agreement (European Investment Bank)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!