Common use of Registration, Transfer and Exchange of Bonds Clause in Contracts

Registration, Transfer and Exchange of Bonds. (a) The Trustee, as agent of the Republic for this purpose, shall maintain at its Corporate Trust Office a register of Bonds (the “Bond Register”) for the registration of Bonds and transfers and exchanges thereof. Upon presentation for transfer or exchange of any Bond in whole or in part at the office of any Transfer Agent accompanied by a written instrument of transfer or exchange in the form approved by the Republic (it being understood that, until notice to the contrary is given to Holders, the Republic shall be deemed to have approved the form of instrument of transfer or exchange, if any, printed on any Bond) and executed by the Holder, in person or by such Xxxxxx’s attorney-in-fact duly authorized in writing, such Transfer Agent shall instruct the Trustee to record in the Bond Register the portion of such Bond as is being transferred, and the Trustee shall authenticate and issue a new Bond in the name of the transferee and will cause such new Bond and a Bond evidencing any untransferred portion to be delivered to the transferor at the office of such Transfer Agent. The Trustee shall act as bond registrar (the “Bond Registrar”) for the purpose of registering Bonds and transfers and exchanges of Bonds as herein provided. The Bond Register shall also include customary notations, including, without limitation, whether particular Bonds have been paid or canceled, or, in the case of mutilated, defaced, destroyed, lost or stolen Bonds, whether such Bonds have been replaced. The Trustee shall at all reasonable times during office hours make the Bond Register available for inspection by the Republic or any Person authorized in writing by the Republic, acting on its behalf, or any Holder of Bonds for the purposes contemplated hereby and for the taking of copies thereof or extracts therefrom, and, at the expense of the Republic, the Trustee shall deliver to such Persons, lists of Holders of Bonds and their addresses and, in the case of the Republic or a Person authorized by the Republic only, their holdings of Bonds, in each case as such Persons may request. (b) Notwithstanding any other provision of this Indenture, transfers and exchanges of Bonds and beneficial interests in a Global Bond of the kind specified in this Section 2.6(b) shall be made only in accordance with this Section 2.6(b).

Appears in 1 contract

Samples: Indenture

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Registration, Transfer and Exchange of Bonds. (a) The Trustee, as agent of the Republic for this purpose, Registrar shall maintain at its Corporate Trust Office corporate trust office in the City of New York a register of Bonds (the “Bond "Register") for the registration of Bonds and the transfers and exchanges thereof. Upon presentation for transfer or exchange The Register will show the amount of any Bond in whole or in part at the office of any Transfer Agent accompanied by a written instrument of transfer or exchange in the form approved by the Republic (it being understood that, until notice to the contrary is given to HoldersBonds, the Republic shall be deemed to have approved the form date of instrument issue, all subsequent transfers and changes of transfer or exchange, if any, printed on any Bond) and executed by the Holder, ownership in person or by such Xxxxxx’s attorney-in-fact duly authorized in writing, such Transfer Agent shall instruct the Trustee to record in the Bond Register the portion of such Bond as is being transferred, respect thereof and the Trustee shall authenticate names, tax identifying numbers and issue a new Bond in the name addresses of the transferee and will cause such new Bond and a Bond evidencing any untransferred portion to be delivered to registered holders of the transferor at the office of such Transfer AgentBonds. The Trustee shall act as bond registrar (the “Bond Registrar”) for the purpose of registering Bonds and transfers and exchanges of Bonds as herein provided. The Bond Register shall also include customary notations, including, without limitation, whether particular Bonds have been paid or canceled, orand, in the case of mutilated, defaced, destroyed, lost or stolen Bonds, whether such Bonds have been replaced. In the case of the replacement of any of the Bonds, the Register will include notations of the Bond so replaced, and the Bond issued in replacement thereof. In the case of the cancellation of any of the Bonds, the Register will include notations of the Bond so canceled and the date on which such Bond was canceled. The Trustee Registrar shall at all reasonable times during office hours make the Bond Register available to Peru or any person authorized by Peru in writing for inspection by the Republic or any Person authorized in writing by the Republic, acting on its behalf, or any Holder of Bonds for the purposes contemplated hereby and for the taking of copies thereof or extracts therefrom, and, and at the expense of the RepublicPeru, the Trustee Registrar shall deliver to such Personspersons, lists of Holders holders of Bonds and their addresses and, in the case of the Republic Peru or a Person person authorized by the Republic Peru only, their holdings of Bonds, in each case as such Persons they may request. The Register shall be in written form in the English language or in any other form capable of being converted into such form within a reasonable time. (b) Notwithstanding The holder of any Definitive Bond may transfer the same in whole or in part (in an amount equal to the authorized denomination or any integral multiple thereof) by surrendering such Bond at the office of the Fiscal Agent in The City of New York or at the office of any paying agent, together with an executed instrument of assignment and transfer substantially in the form of Exhibit E to this Agreement. In exchange for any Definitive Bond properly presented for transfer, the Fiscal Agent shall, within three Business Days of such request if made at the office of the Fiscal Agent in The City of New York or within ten Business Days if made at the office of a paying agent (other provision than the Fiscal Agent), authenticate and deliver at the relevant office to the transferee or send by first class mail (at the risk of the transferee) to such address as the transferee may request, a Definitive Bond or Bonds, as the case may require, for like aggregate principal amount and of such authorized denomination or denominations as may be requested. The presentation for transfer of any Definitive Bond shall not be valid unless made at the office of the Fiscal Agent in The City of New York or at the office of a paying agent by the registered holder in person, or by a duly authorized attorney-in-fact. Peru shall ensure that the Fiscal Agent shall be provided with an adequate supply of Definitive Bonds for authentication and delivery pursuant to the terms of this Indenture, transfers and exchanges of Bonds and beneficial interests in a Global Bond Section 3.4. (c) At the option of the kind specified holder, a Definitive Bond or Bonds may at any time be presented for exchange into an equal aggregate principal amount of Definitive Bonds in different authorized denominations, but only at the office of the Fiscal Agent in The City of New York or at the office of a paying agent (other than the Fiscal Agent) together with a written request for the exchange. Subject to this Section 2.6(b) 3.4 whenever one or more Definitive Bonds shall be surrendered for exchange for a Definitive Bond or Bonds, the Fiscal Agent shall authenticate and deliver within three Business Days if such request is made only at the office of the Fiscal Agent in accordance The City of New York, or within ten Business Days if such request is made at the office of a paying agent, a Definitive Bond or Bonds for a like aggregate principal amount and of such authorized denomination or denominations as may be requested. Peru shall ensure that the Fiscal Agent shall be provided with an adequate supply of Definitive Bonds for authentication and delivery pursuant to the terms of this Section 2.6(b)3.4. (d) All new Bonds authenticated by the Fiscal Agent and delivered by the Fiscal Agent or any transfer agent upon registration of transfer or in exchange for Bonds of other denominations shall be so dated that neither gain nor loss of interest shall result from such registration of transfer or exchange. (e) All Bonds surrendered for registration of transfer or exchange shall be delivered to the Registrar. The Registrar shall cancel and destroy all such Bonds surrendered for registration of transfer or exchange and shall promptly deliver a certificate of destruction, stating the serial numbers, U.S. dollar value (or equivalent value in the currency or currencies in which the Bonds of such series are denominated) and total number of all Bonds destroyed hereunder, to Peru. (f) Transfer, registration and exchange of any Bond or Bonds will be permitted and executed as provided in the Terms and this Section 3.4, and the costs and expenses of effecting any exchange or registration of transfer will be borne as provided in the Terms, subject to such reasonable regulations as Peru, the Registrar and the transfer agents may prescribe.

Appears in 1 contract

Samples: Fiscal Agency Agreement (Peru Republic Of)

Registration, Transfer and Exchange of Bonds. (a) The Trustee, as agent Republic will keep books for the exchange and registration of Bonds at the Republic for this purpose, shall maintain at its Corporate Trust Office Office. The Fiscal Agent will keep a register record of all Bonds (the “Bond Register”) for at said office. The Register will show the registration amount of Bonds and the Bonds, the date of issue, all subsequent transfers and exchanges thereof. Upon presentation for transfer or exchange changes of any Bond ownership in whole or in part at the office of any Transfer Agent accompanied by a written instrument of transfer or exchange in the form approved by the Republic (it being understood that, until notice to the contrary is given to Holders, the Republic shall be deemed to have approved the form of instrument of transfer or exchange, if any, printed on any Bond) and executed by the Holder, in person or by such Xxxxxx’s attorney-in-fact duly authorized in writing, such Transfer Agent shall instruct the Trustee to record in the Bond Register the portion of such Bond as is being transferred, respect thereof and the Trustee shall authenticate names, tax identifying numbers and issue a new Bond in the name addresses of the transferee and will cause such new Bond and a Bond evidencing any untransferred portion to be delivered to holders of the transferor at the office of such Transfer AgentBonds. The Trustee shall act as bond registrar Fiscal Agent will also maintain a record (the “Bond RegistrarRecord) for ), which will include notations as to whether the purpose of registering Bonds and transfers and exchanges of Bonds as herein provided. The Bond Register shall also include customary notations, including, without limitation, whether particular Bonds have been paid or canceled, orand, in the case of mutilated, defaced, destroyed, stolen or lost or stolen Bonds, whether such Bonds have been replaced. In the case of the replacement of any of the Bonds, the Record will include notations of the Bond so replaced, and the Bond issued in replacement thereof. In the case of the cancellation of any of the Bonds, the Record will include notations of the Bond so canceled and the date on which such Bond was canceled. The Trustee Fiscal Agent shall at all reasonable times during office hours make the Bond Register and the Record available for inspection by to the Republic or any Person person authorized by the Republic in writing by the Republic, acting on its behalf, or any Holder of Bonds for the purposes contemplated hereby inspection and for the taking of copies thereof or extracts therefrom, and, and at the expense of the Republic, Republic the Trustee Fiscal Agent shall deliver to such Persons, persons all lists of Holders of Bonds and their addresses and, in the case of the Republic or a Person authorized by the Republic only, their holdings holders of Bonds, in each case their addresses and amounts of such holdings as such Persons they may request. (b) Notwithstanding . The Register and the Record shall be in written form in the English language or in any other provision form capable of this Indenture, transfers and exchanges of Bonds and beneficial interests in being converted into such form within a Global Bond of the kind specified in this Section 2.6(b) shall be made only in accordance with this Section 2.6(b)reasonable time.

Appears in 1 contract

Samples: Fiscal Agency Agreement (Republic of Chile)

Registration, Transfer and Exchange of Bonds. (a) The Trustee, as agent Republic will keep books for the exchange and registration of Bonds at the Republic for this purpose, shall maintain at its Corporate Institutional Trust Office Services Office. The Fiscal Agent will keep a register record of all Bonds (the “Bond "Register") for at said office. The Register will show the registration amount of Bonds and the Bonds, the date of issue, all subsequent transfers and exchanges thereof. Upon presentation for transfer or exchange changes of any Bond ownership in whole or in part at the office of any Transfer Agent accompanied by a written instrument of transfer or exchange in the form approved by the Republic (it being understood that, until notice to the contrary is given to Holders, the Republic shall be deemed to have approved the form of instrument of transfer or exchange, if any, printed on any Bond) and executed by the Holder, in person or by such Xxxxxx’s attorney-in-fact duly authorized in writing, such Transfer Agent shall instruct the Trustee to record in the Bond Register the portion of such Bond as is being transferred, respect thereof and the Trustee shall authenticate names, tax identifying numbers and issue a new Bond in the name addresses of the transferee and will cause such new Bond and a Bond evidencing any untransferred portion to be delivered to holders of the transferor at the office of such Transfer AgentBonds. The Trustee shall act as bond registrar Fiscal Agent will also maintain a record (the “Bond Registrar”"Record") for which will include notations as to whether the purpose of registering Bonds and transfers and exchanges of Bonds as herein provided. The Bond Register shall also include customary notations, including, without limitation, whether particular Bonds have been paid or canceled, orand, in the case of mutilated, defaced, destroyed, stolen or lost or stolen Bonds, whether such Bonds have been replaced. In the case of the replacement of any of the Bonds, the Record will include notations of the Bond so replaced, and the Bond issued in replacement thereof. In the case of the cancellation of any of the Bonds, the Record will include notations of the Bond so canceled and the date on which such Bond was canceled. The Trustee Fiscal Agent shall at all reasonable times during office hours make the Bond Register and the Record available for inspection by to the Republic or any Person person authorized by the Republic in writing by the Republic, acting on its behalf, or any Holder of Bonds for the purposes contemplated hereby inspection and for the taking of copies thereof or extracts therefrom, and, and at the expense of the Republic, Republic the Trustee Fiscal Agent shall deliver to such Persons, persons all lists of Holders of Bonds and their addresses and, in the case of the Republic or a Person authorized by the Republic only, their holdings holders of Bonds, in each case their addresses and amounts of such holdings as such Persons they may request. The Register and the Record shall be in written form in the English language or in any other form capable of being converted into such form within a reasonable time. (b) Notwithstanding any other provision Subject to the requirements of this Indenture, transfers and exchanges of Bonds and beneficial interests in a Global Bond Paragraph 7(e) of the kind specified Terms, the holder of any Definitive Registered Bond may transfer the same in whole or in part (in an amount equal to the authorized denomination or any integral multiple thereof) by surrendering such Bond at the Institutional Trust Services Office or at the office of any paying agent, together with an executed instrument of assignment and transfer substantially in the form of Exhibit F to this Section 2.6(bFiscal Agency Agreement. In exchange for any Definitive Registered Bond properly presented for transfer, the Fiscal Agent shall, within three Business Days of such request if made at such Institutional Trust Services Office, or within ten Business Days if made at the office of a paying agent (other than the Fiscal Agent), authenticate and deliver at such Institutional Trust Services Office or at the office of such paying agent, as the case may be, to the transferee or send by first class mail (at the risk of the transferee) to such address as the transferee may request, a Definitive Registered Bond or Bonds, as the case may require, for like aggregate principal amount and of such authorized denomination or denominations as may be requested. The presentation for transfer of any Definitive Registered Bond shall not be valid unless made at the Institutional Trust Services Office in The City of New York or at the office of a paying agent by the registered holder in person, or by a duly authorized attorney-in-fact. The Republic shall ensure that the Fiscal Agent shall be made only in accordance provided with an adequate supply of Definitive Registered Bonds for authentication and delivery pursuant to the terms of this Section 2.6(b). (c) Subject to the requirements of Paragraph 7(e) of the Terms, at the option of the holder, a Definitive Registered Bond or Bonds may at any time be presented for exchange into an equal aggregate principal amount of Definitive Registered Bonds in different authorized denominations, but only at the Institutional Trust Services Office or at the office of a paying agent (other than the Fiscal Agent) together with a written request for the exchange. Subject to this Section 2.6(c) and Paragraph 7(e) of the Terms, whenever one or more Definitive Registered Bonds shall be surrendered at said Institutional Trust Services Office or said office of a paying agent for exchange for a Definitive Registered Bond or Bonds, the Fiscal Agent shall authenticate and deliver within three Business Days, if such request is made at the Institutional Trust Services Office, or within ten Business Days if such request is made at said office of a paying agent, a Definitive Registered Bond or Bonds for a like aggregate principal amount and of such authorized denomination or denominations as may be requested. The Republic shall ensure that the Fiscal Agent shall be provided with an adequate supply of Definitive Registered Bonds for authentication and delivery pursuant to the terms of this Section 2.6(c). (d) Transfer, registration and exchange shall be permitted as provided in this Section 2.6 without any charge except for the expenses of delivery (if any) not made by regular mail and the payment of a sum efficient to cover any stamp duty, tax or governmental charge or insurance charge that may be imposed in relation thereto. Registration of the transfer of a Bond by the Fiscal Agent shall be deemed to be the acknowledgment of such transfer on behalf of the Republic.

Appears in 1 contract

Samples: Fiscal Agency Agreement (Republic of Chile)

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Registration, Transfer and Exchange of Bonds. (a) The Trustee, as agent Republic will keep books for the exchange and registration of Bonds at the Republic for this purpose, shall maintain at its Corporate Institutional Trust Office Services Office. The Fiscal Agent will keep a register record of all Bonds (the “Bond Register”) for at said office. The Register will show the registration amount of Bonds and the Bonds, the date of issue, all subsequent transfers and exchanges thereof. Upon presentation for transfer or exchange changes of any Bond ownership in whole or in part at the office of any Transfer Agent accompanied by a written instrument of transfer or exchange in the form approved by the Republic (it being understood that, until notice to the contrary is given to Holders, the Republic shall be deemed to have approved the form of instrument of transfer or exchange, if any, printed on any Bond) and executed by the Holder, in person or by such Xxxxxx’s attorney-in-fact duly authorized in writing, such Transfer Agent shall instruct the Trustee to record in the Bond Register the portion of such Bond as is being transferred, respect thereof and the Trustee shall authenticate names, tax identifying numbers and issue a new Bond in the name addresses of the transferee and will cause such new Bond and a Bond evidencing any untransferred portion to be delivered to holders of the transferor at the office of such Transfer AgentBonds. The Trustee shall act as bond registrar Fiscal Agent will also maintain a record (the “Bond RegistrarRecord”) for which will include notations as to whether the purpose of registering Bonds and transfers and exchanges of Bonds as herein provided. The Bond Register shall also include customary notations, including, without limitation, whether particular Bonds have been paid or canceled, orand, in the case of mutilated, defaced, destroyed, stolen or lost or stolen Bonds, whether such Bonds have been replaced. In the case of the replacement of any of the Bonds, the Record will include notations of the Bond so replaced, and the Bond issued in replacement thereof. In the case of the cancellation of any of the Bonds, the Record will include notations of the Bond so canceled and the date on which such Bond was canceled. The Trustee Fiscal Agent shall at all reasonable times during office hours make the Bond Register and the Record available for inspection by to the Republic or any Person person authorized by the Republic in writing by the Republic, acting on its behalf, or any Holder of Bonds for the purposes contemplated hereby inspection and for the taking of copies thereof or extracts therefrom, and, and at the expense of the Republic, Republic the Trustee Fiscal Agent shall deliver to such Persons, persons all lists of Holders of Bonds and their addresses and, in the case of the Republic or a Person authorized by the Republic only, their holdings holders of Bonds, in each case their addresses and amounts of such holdings as such Persons they may request. The Register and the Record shall be in written form in the English language or in any other form capable of being converted into such form within a reasonable time. (b) Notwithstanding any other provision Subject to the requirements of this Indenture, transfers and exchanges of Bonds and beneficial interests in a Global Bond Paragraph 7(e) of the kind specified Terms, the holder of any Definitive Registered Bond may transfer the same in whole or in part (in an amount equal to the authorized denomination or any integral multiple thereof) by surrendering such Bond at the Institutional Trust Services Office or at the office of any paying agent, together with an executed instrument of assignment and transfer substantially in the form of Exhibit F to this Section 2.6(bFiscal Agency Agreement. In exchange for any Definitive Registered Bond properly presented for transfer, the Fiscal Agent shall, within three Business Days of such request if made at such Institutional Trust Services Office, or within ten Business Days if made at the office of a paying agent (other than the Fiscal Agent), authenticate and deliver at such Institutional Trust Services Office or at the office of such paying agent, as the case may be, to the transferee or send by first class mail (at the risk of the transferee) to such address as the transferee may request, a Definitive Registered Bond or Bonds, as the case may require, for like aggregate principal amount and of such authorized denomination or denominations as may be requested. The presentation for transfer of any Definitive Registered Bond shall not be valid unless made at the Institutional Trust Services Office in The City of New York or at the office of a paying agent by the registered holder in person, or by a duly authorized attorney-in-fact. The Republic shall ensure that the Fiscal Agent shall be made only in accordance provided with an adequate supply of Definitive Registered Bonds for authentication and delivery pursuant to the terms of this Section 2.6(b). (c) Subject to the requirements of Paragraph 7(e) of the Terms, at the option of the holder, a Definitive Registered Bond or Bonds may at any time be presented for exchange into an equal aggregate principal amount of Definitive Registered Bonds in different authorized denominations, but only at the Institutional Trust Services Office or at the office of a paying agent (other than the Fiscal Agent) together with a written request for the exchange. Subject to this Section 2.6(c) and Paragraph 7(e) of the Terms, whenever one or more Definitive Registered Bonds shall be surrendered at said Institutional Trust Services Office or said office of a paying agent for exchange for a Definitive Registered Bond or Bonds, the Fiscal Agent shall authenticate and deliver within three Business Days, if such request is made at the Institutional Trust Services Office, or within ten Business Days if such request is made at said office of a paying agent, a Definitive Registered Bond or Bonds for a like aggregate principal amount and of such authorized denomination or denominations as may be requested. The Republic shall ensure that the Fiscal Agent shall be provided with an adequate supply of Definitive Registered Bonds for authentication and delivery pursuant to the terms of this Section 2.6(c). (d) Transfer, registration and exchange shall be permitted as provided in this Section 2.6 without any charge except for the expenses of delivery (if any) not made by regular mail and the payment of a sum efficient to cover any stamp duty, tax or governmental charge or insurance charge that may be imposed in relation thereto. Registration of the transfer of a Bond by the Fiscal Agent shall be deemed to be the acknowledgment of such transfer on behalf of the Republic.

Appears in 1 contract

Samples: Fiscal Agency Agreement (Republic of Chile)

Registration, Transfer and Exchange of Bonds. (a) The Trustee, as agent of the Republic for this purpose, Registrar shall maintain at its Corporate Trust Office corporate trust office in The City of New York a register of Bonds (the “Bond Register”) for the registration of Bonds and the transfers and exchanges thereof. Upon presentation for transfer or exchange The Register will show the amount of any Bond in whole or in part at the office of any Transfer Agent accompanied by a written instrument of transfer or exchange in the form approved by the Republic (it being understood that, until notice to the contrary is given to HoldersBonds, the Republic shall be deemed to have approved the form date of instrument issue, all subsequent transfers and changes of transfer or exchange, if any, printed on any Bond) and executed by the Holder, ownership in person or by such Xxxxxx’s attorney-in-fact duly authorized in writing, such Transfer Agent shall instruct the Trustee to record in the Bond Register the portion of such Bond as is being transferred, respect thereof and the Trustee shall authenticate names, tax identifying numbers and issue a new Bond in the name addresses of the transferee and will cause such new Bond and a Bond evidencing any untransferred portion to be delivered to registered holders of the transferor at the office of such Transfer AgentBonds. The Trustee shall act as bond registrar (the “Bond Registrar”) for the purpose of registering Bonds and transfers and exchanges of Bonds as herein provided. The Bond Register shall also include customary notations, including, without limitation, whether particular Bonds have been paid or canceled, orand, in the case of mutilated, defaced, destroyed, lost or stolen Bonds, whether such Bonds have been replaced. In the case of the replacement of any of the Bonds, the Register will include notations of the Bond so replaced, and the Bond issued in replacement thereof. In the case of the cancellation of any of the Bonds, the Register will include notations of the Bond so canceled and the date on which such Bond was canceled. The Trustee Registrar shall at all reasonable times during office hours make the Bond Register available to Peru or any person authorized by Peru in writing for inspection by the Republic or any Person authorized in writing by the Republic, acting on its behalf, or any Holder of Bonds for the purposes contemplated hereby and for the taking of copies thereof or extracts therefrom, and, and at the expense of the RepublicPeru, the Trustee Registrar shall deliver to such Personspersons, lists of Holders holders of Bonds and their addresses and, in the case of the Republic Peru or a Person person authorized by the Republic Peru only, their holdings of Bonds, in each case as such Persons they may request. The Register shall be in written form in the English language or in any other form capable of being converted into such form within a reasonable time. (b) Notwithstanding The holder of any Definitive Bond may transfer the same in whole or in part (in an amount equal to the authorized denomination or any integral multiple thereof) by surrendering such Bond at the office of the Fiscal Agent in The City of New York or at the office of any paying agent, together with an executed instrument of assignment and transfer substantially in the form of Exhibit E to this Agreement. In exchange for any Definitive Bond properly presented for transfer, the Fiscal Agent shall, within three Business Days of such request if made at the office of the Fiscal Agent in The City of New York or within ten Business Days if made at the office of a paying agent (other provision than the Fiscal Agent), authenticate and deliver at the relevant office to the transferee or send by first class mail (at the risk of the transferee) to such address as the transferee may request, a Definitive Bond or Bonds, as the case may require, for like aggregate principal amount and of such authorized denomination or denominations as may be requested. The presentation for transfer of any Definitive Bond shall not be valid unless made at the office of the Fiscal Agent in The City of New York or at the office of a paying agent by the registered holder in person, or by a duly authorized attorney-in-fact. Peru shall ensure that the Fiscal Agent shall be provided with an adequate supply of Definitive Bonds for authentication and delivery pursuant to the terms of this Indenture, transfers and exchanges of Bonds and beneficial interests in a Global Bond Section 3.4. (c) At the option of the kind specified holder, a Definitive Bond or Bonds may at any time be presented for exchange into an equal aggregate principal amount of Definitive Bonds in different authorized denominations, but only at the office of the Fiscal Agent in The City of New York or at the office of a paying agent (other than the Fiscal Agent) together with a written request for the exchange. Subject to this Section 2.6(b) 3.4 whenever one or more Definitive Bonds shall be surrendered for exchange for a Definitive Bond or Bonds, the Fiscal Agent shall authenticate and deliver within three Business Days if such request is made only at the office of the Fiscal Agent in accordance The City of New York, or within ten Business Days if such request is made at the office of a paying agent, a Definitive Bond or Bonds for a like aggregate principal amount and of such authorized denomination or denominations as may be requested. Peru shall ensure that the Fiscal Agent shall be provided with an adequate supply of Definitive Bonds for authentication and delivery pursuant to the terms of this Section 2.6(b)3.4. (d) All new Bonds authenticated by the Fiscal Agent and delivered by the Fiscal Agent or any transfer agent upon registration of transfer or in exchange for Bonds of other denominations shall be so dated that neither gain nor loss of interest shall result from such registration of transfer or exchange. (e) All Bonds surrendered for registration of transfer or exchange shall be delivered to the Registrar. The Registrar shall cancel and destroy all such Bonds surrendered for registration of transfer or exchange and shall promptly deliver a certificate of destruction, stating the serial numbers, U.S. dollar value (or equivalent value in the currency or currencies in which the Bonds of such series are denominated) and total number of all Bonds destroyed hereunder, to Peru. (f) Transfer, registration and exchange of any Bond or Bonds will be permitted and executed as provided in the Terms and this Section 3.4, and the costs and expenses of effecting any exchange or registration of transfer will be borne as provided in the Terms, subject to such reasonable regulations as Peru, the Registrar and the transfer agents may prescribe.

Appears in 1 contract

Samples: Fiscal Agency Agreement (Peru Republic Of)

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