Payments - Registered PD Debt Instruments. 7.2.1 Payment of principal in respect of Registered PD Debt Instruments Payment of principal (which for this purpose shall include any final redemption amount) due in respect of Registered PD Debt Instruments will be made to the PD Debt Instrument Holder (or, in the case of joint PD Debt Instrument Holders, the first named) as appearing in the Register as at opening of business (local time in the place of the specified office of the Registrar or the specified office of the Transfer Agent) on the fifteenth (eighth, if the specified office of the Registrar or the specified office of the Transfer Agent is located in Sydney or Melbourne) Relevant Banking Day before the due date for such payment and (if in certificated form) against presentation and, save in the case of partial payment of the amount due upon final redemption by reason of insufficiency of funds, surrender of the relevant Certificate at the specified office of the Registrar or the specified office of the Transfer Agent.
Appears in 11 contracts
Samples: Agency Agreement, Agency Agreement, Agency Agreement
