Preconditions to Issue. The Issuer shall not agree to any Issue Date unless it is a Paris Business Day. Before issuing any Notes that are intended to be deposited with a clearing system other than Euroclear France, the Issuer shall inform the Principal Paying Agent of its wish to issue such Notes and shall agree with the Principal Paying Agent the procedure for issuing such Notes, in the case of Notes that are to be deposited with such other clearing system, which agreement shall cover the time, date and place for the delivery of the relevant Lettre Comptable or the relevant Application Form, an appropriate method for determining non-U.S. beneficial ownership of Notes in accordance with applicable U.S. law and the method by which the Principal Paying Agent is to receive any payment, and hold any moneys, on behalf of the Issuer.
Appears in 1 contract
Samples: Paying Agent Agreement
Preconditions to Issue. The Issuer shall not agree to any Issue Date unless it is a Paris Business Day. Before issuing any Notes that are intended to be deposited with a clearing system other than Euroclear France, the Issuer shall inform the Principal Paying Agent of its wish to issue such Notes and shall agree with the Principal Paying Agent the procedure for issuing such Notes, in the case of Notes that are to be deposited with such other clearing system, which agreement shall cover the time, date and place for the delivery of the relevant Lettre Comptable or the relevant Application Form, an appropriate method for determining non-U.S. beneficial ownership of Notes in accordance with applicable U.S. law and the method by which the Principal Paying Agent is to receive any payment, and hold any moneys, on behalf of the Issuer.
Appears in 1 contract
Samples: Paying Agent Agreement
Preconditions to Issue. The Issuer shall not agree to any Issue Date unless it is a Paris Business Day. Before issuing any Notes that are intended to be deposited with a clearing system other than Euroclear France, the Issuer shall inform the Principal Paying Agent of its wish to issue such Notes and shall agree with the Principal Paying Agent the procedure for issuing such Notes, in the case of Notes that are to be deposited with such other clearing system, which agreement shall cover the time, date and place for the delivery of the relevant Lettre Comptable or the relevant Application Form, an appropriate method for determining non-U.S. beneficial ownership of Notes in accordance with applicable U.S. law and the method by which the Principal Paying Agent is to receive any payment, and hold any moneys, on behalf of the Issuer.Issuer.β
Appears in 1 contract
Samples: French Paying Agent Agreement
Preconditions to Issue. The Issuer shall not agree to any Issue Date unless it is a Paris Business Daybusiness day. Before issuing any Notes that are intended to be deposited with cleared through a clearing system other than Euroclear France, the Depository the Issuer shall inform the Principal Issuing and Paying Agent of its wish to issue such Notes and shall agree with the Principal Issuing and Paying Agent the procedure for issuing such Notes, in the case of Notes that are to be deposited with such other clearing system, which agreement shall cover the time, date and place for the delivery of the relevant Lettre Comptable relative Global Note by the Issuing and Paying Agent, whether such delivery is to be free of payment or the relevant Application Formagainst payment, an appropriate method for determining non-U.S. beneficial ownership of Notes in accordance with applicable U.S. law and the method by which the Principal Issuing and Paying Agent is to receive any payment, and hold any moneys, on behalf of the Issuer.
Appears in 1 contract