Common use of Payments on temporary global Notes; certification requirements Clause in Contracts

Payments on temporary global Notes; certification requirements. Holders of any temporary global Note may receive interest payments prior to the Exchange Date of such temporary global Note; provided such holders deliver (in accordance with the rules of the relevant clearance system) certification of non-U.S. beneficial ownership substantially similar to the form set forth in Exhibit B-1 and instruct Euroclear, Clearstream, Luxembourg or, if specified in the Corporate Order, other recognized clearance system to request such interest payment on their behalf. Upon the request of the Common Depositary (in the case of a CGN) or the Common Service Provider (in the case of a NGN), acting on behalf of Euroclear, Clearstream, Luxembourg or such other clearance system, acting in turn on behalf of holders of Notes, the Fiscal and Paying Agent shall make payments of interest to the holders of interests in temporary global Notes, but only upon delivery by Euroclear, Clearstream, Luxembourg, or such other clearance system, acting on behalf of such owners, to the Fiscal and Paying Agent or its duly authorized attorney-in-fact of a certificate or certificates of non-U.S. beneficial ownership substantially similar to the form set forth in Exhibit B-2. In the event of redemption or acceleration of all or any part of any temporary global Note prior to its Exchange Date, holders will be entitled to receive payment on or after the date fixed for such redemption or on which such acceleration occurs upon compliance by such holders and Euroclear, Clearstream, Luxembourg or such other clearance system, as applicable, with the provisions of the preceding paragraph of this Section.

Appears in 3 contracts

Samples: Fiscal and Paying Agency Agreement (General Electric Capital Corp), Fiscal and Paying Agency Agreement (General Electric Capital Corp), Fiscal and Paying Agency Agreement

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Payments on temporary global Notes; certification requirements. Holders of any temporary global Note may receive interest payments prior to the Exchange Date of such temporary global Note; provided such holders deliver (in accordance with the rules of the relevant clearance system) certification of non-U.S. beneficial ownership substantially similar a certificate or certificates to the form set forth in Exhibit B-1 and instruct Euroclear, Clearstream, Luxembourg or, if specified in the Corporate Order, other recognized clearing system substantially in the form set forth in Exhibit B-1 and instruct Euroclear, Clearstream, Luxembourg or other clearance system system, as the case may be, to request such interest payment on their behalf. Upon the request of the Common Depositary (in the case of a CGN) or the Common Service Provider (in the case of a NGN), acting on behalf of Euroclear, Clearstream, Luxembourg or such other clearance system, acting in turn on behalf of holders of Notes, the Fiscal and Paying Agent shall make payments of interest to the holders of interests in temporary global Notes, but only upon delivery by Euroclear, Clearstream, Luxembourg, or such other clearance system, acting on behalf of such owners, to the Fiscal and Paying Agent or its duly authorized attorney-in-fact of a certificate or certificates of non-U.S. beneficial ownership substantially similar to in the form set forth in Exhibit B-2B-2 hereto. In the event of redemption or acceleration of all or any part of any temporary global Note prior to its Exchange Date, holders will be entitled to receive payment on or after the date fixed for such redemption or on which such acceleration occurs upon compliance by such holders and Euroclear, Clearstream, Luxembourg or such other clearance system, as applicable, with the provisions of the preceding paragraph of this Section.

Appears in 3 contracts

Samples: Fiscal and Paying Agency Agreement (General Electric Capital Corp), Fiscal and Paying Agency Agreement (General Electric Capital Services Inc/Ct), Fiscal and Paying Agency Agreement (General Electric Capital Corp)

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Payments on temporary global Notes; certification requirements. Holders of any temporary global Note may receive interest payments prior to the Exchange Date of such temporary global Note; provided such holders deliver (in accordance with the rules of the relevant clearance system) certification of non-U.S. beneficial ownership substantially similar a certificate or certificates to the form set forth in Exhibit B-1 and instruct Euroclear, Clearstream, Luxembourg or, if specified in the Corporate Order, other recognized clearing system substantially in the form set forth in Exhibit B-1 and instruct Euroclear, Clearstream, Luxembourg or other clearance system system, as the case may be, to request such interest payment on their behalf. Upon the request of the Common Depositary (in the case of a CGN) or the Common Service Provider (in the case of a NGN)Depositary, acting on behalf of Euroclear, Clearstream, Luxembourg or such other clearance system, acting in turn on behalf of holders of Notes, the Fiscal and Paying Agent shall make payments of interest to the holders of interests in temporary global Notes, but only upon delivery by Euroclear, Clearstream, Luxembourg, or such other clearance system, acting on behalf of such owners, to the Fiscal and Paying Agent or its duly authorized attorney-in-fact of a certificate or certificates of non-U.S. beneficial ownership substantially similar to in the form set forth in Exhibit B-2B-2 hereto. In the event of redemption or acceleration of all or any part of any temporary global Note prior to its Exchange Date, holders will be entitled to receive payment on or after the date fixed for such redemption or on which such acceleration occurs upon compliance by such holders and Euroclear, Clearstream, Luxembourg or such other clearance system, as applicable, with the provisions of the preceding paragraph of this Section.

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement (General Electric Capital Services Inc/Ct)

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