TERMS OF ISSUE. (1) The Agent shall cause all Temporary Global Notes, Permanent Global Notes and Definitive Bearer Notes delivered to and held by it under this Agreement to be maintained in safe custody and shall ensure that such Notes are issued only in accordance with the provisions of this Agreement and the relevant Global Note and Conditions.
(2) Subject to the procedures set out in the Procedures Memorandum, for the purposes of Subclause 7(1) the Agent is entitled to treat a telephone or facsimile communication from a person purporting to be (and who the Agent, after making reasonable investigation, believes in good faith to be) the authorised representative of the relevant Issuer named in the list referred to in, or notified pursuant to, Subclause 19(7) as sufficient instructions and authority of the relevant Issuer for the Agent to act in accordance with Subclause 7(1).
(3) In the event that a person who has signed on behalf of any Issuer a master Temporary Global Note, a master Permanent Global Note or Definitive Bearer Notes not yet issued but held by the Agent in accordance with Subclause 7(1) ceases to be authorised as described in Subclause 19(7), the Agent shall (unless the relevant Issuer gives notice to the Agent that Notes signed by that person do not constitute valid and binding obligations of the relevant Issuer or otherwise until replacements have been provided to the Agent) continue to have authority to issue any such Notes, and the relevant Issuer hereby warrants to the Agent that such Notes shall, unless notified as aforesaid, be valid and binding obligations of the relevant Issuer. Promptly upon such person ceasing to be authorised, the relevant Issuer shall provide the Agent with replacement master Temporary Global Notes, master Permanent Global Notes and (if applicable) Definitive Bearer Notes and the Agent shall cancel and destroy the master Temporary Global Notes, master Permanent Global Notes and (if applicable) Definitive Bearer Notes held by it which are signed by such person and shall provide to the relevant Issuer a confirmation of destruction in respect thereof specifying the Notes so cancelled and destroyed.
(4) Unless otherwise agreed in writing between the relevant Issuer and the Agent, each Note credited to the Agent’s distribution account with Euroclear and Clearstream, Luxembourg (or, in the case of Notes in CGN form, such other applicable clearing agency) following the delivery of a Temporary Global Note or Permanent Global Note, as...
TERMS OF ISSUE. 6.1 The Issuer undertakes to ensure that at all times a sufficient quantity of master Temporary Bearer Global Covered Bonds and master Permanent Bearer Global Covered Bonds is held by the Fiscal Agent and a sufficient quantity of Registered Global Covered Bonds is held by the Registrar, all duly executed as aforesaid. The Issuer further undertakes to deliver to the Fiscal Agent, or the Registrar, as the case may be, upon reasonable notice sufficient numbers of executed Definitive Covered Bonds (together with, in the case of Definitive Bearer Covered Bonds (if applicable), Coupons and Talons attached) which are required by the Fiscal Agent or the Registrar, as the case may be, pursuant to a request for the issue of Definitive Bearer Covered Bonds under the terms of a Permanent Bearer Global Covered Bond or a Temporary Bearer Global Covered Bond or, as the case may be, pursuant to the Issuer's obligation to issue Definitive Registered Covered Bonds in accordance with Condition 9 and that it will, on demand, supply to the Fiscal Agent or the Registrar, as the case may be, such further duly executed Definitive Covered Bonds as the Fiscal Agent or the Registrar, as the case may be, may from time to time require for the performance of their duties hereunder.
6.2 Each of the Fiscal Agent and the Registrar shall cause all Covered Bonds delivered to and held by it or them hereunder to be maintained in safe keeping and shall ensure that such Covered Bonds are issued only under the Conditions and in accordance with the provisions of this Agreement.
6.3 Subject to the procedures set out in the Procedures Memorandum, for the purposes of Clause 3 above each of the Fiscal Agent and the Registrar, as the case may be, is entitled to treat a telephone, telex or facsimile communication from a person purporting to be and who the Fiscal Agent or the Registrar, as the case may be, believes in good faith to be, the authorised representative of the Issuer named in the list referred to in, or notified pursuant to, Clause 24.8 below, or any other list duly provided for such purpose by the Issuer to the Fiscal Agent or the Registrar, as the case may be, as sufficient instruction and authority of the Issuer for the Fiscal Agent or the Registrar to act in accordance with Clause 3 above.
6.4 In the event that a person who has signed a master Temporary Bearer Global Covered Bond, a master Permanent Bearer Global Covered Bond, a master Registered Global Covered Bond or a Definitive Cover...
TERMS OF ISSUE. 10 7. Payments.........................................................
TERMS OF ISSUE. 6.1 Each of the Principal Paying Agent and the Registrar shall cause all Global Notes and Definitive Notes delivered to and held by it under this Agreement to be maintained in safe custody and shall ensure that such Notes are issued only in accordance with the provisions of this Agreement and the relevant Global Note and Conditions.
6.2 Subject to the procedures set out in the Procedures Memorandum, for the purposes of subclauses 3.1,
3.3 and 3.4 each of the Principal Paying Agent and the Registrar is entitled to treat a telephone, telex or facsimile communication from a person purporting to be (and who the Principal Paying Agent or the Registrar believes in good faith to be) the authorised representative of the Issuer named in the list referred to in, or notified pursuant to, subclause 25.8 as sufficient instructions and authority of the Issuer for the Principal Paying Agent or the Registrar to act in accordance with such clauses.
TERMS OF ISSUE. 6.1 The Agent shall cause all Temporary Global Notes, Permanent Global Notes and Definitive Notes delivered to and held by it under this Agreement to be maintained in safe custody and shall ensure that such Notes are issued only in accordance with the provisions of this Agreement and the relevant Global Note and Conditions.
6.2 Subject to the procedures set out in the Procedures Memorandum, for the purposes of subclause 3.1 the Agent is entitled to treat a telephone or facsimile communication from a person who the Agent believes to be the authorised representative of the Issuer or, as the case may be, the Guarantor, named in the list referred to in, or notified pursuant to, subclause 19.7 as sufficient instructions and authority of the Issuer and the Guarantor for the Agent to act in accordance with subclause 3.1.
6.3 In the event that a person who has signed on behalf of the Issuer any Note not yet issued but held by the Agent in accordance with subclause 3.1 ceases to be authorised as described in subclause 19.7, the Agent shall (unless the Issuer gives written notice to the Agent that Notes signed by that person do not constitute valid and binding obligations of the Issuer or otherwise until replacements have been provided to the Agent) continue to have authority to issue any such Notes, and the Issuer
TERMS OF ISSUE. On issue of the Subscription Shares, the Subscriber will be bound by the provisions of the Constitution.
TERMS OF ISSUE. (a) The Securities Administrator shall ensure that all Notes delivered to and held by it under this Agreement are issued only in authorized denominations and otherwise in accordance with the provisions of this Agreement.
(b) The Securities Administrator shall be entitled to treat a telephone, e-mail or facsimile communication from a person purporting to be (and who the Securities Administrator, after making reasonable investigation, believes in good faith to be) an Authorized Representative as sufficient instruction and authority of the Bank for the Securities Administrator to act in accordance with Section 10(a).
(c) Unless otherwise agreed in writing between the Bank and the Securities Administrator, each Note credited to the Securities Administrator's account with DTC following the delivery of a Registered Global Note to a custodian of DTC in accordance with clause (ii) of Section 5(a) shall be held to the order of the Bank. The Securities Administrator shall procure that the principal amount of Notes which the relevant purchaser has agreed to purchase is:
(i) debited from the Securities Administrator's account; and
(ii) credited to the account of such purchaser with DTC; in each case only upon receipt by the Securities Administrator on behalf of the Bank of the purchase price due from the relevant purchaser with respect to such Notes.
(d) If on the relevant settlement date the purchaser does not pay the full purchase price due from it with respect to any Note (the "Defaulted Note") and, as a result, the Defaulted Note remains in the Securities Administrator's account with DTC after such settlement date, the Securities Administrator shall continue to hold the Defaulted Note to the order of the Bank. The Securities Administrator shall notify the Bank promptly of the failure of the purchaser to pay the full purchase price due from it with respect to any Defaulted Note and shall subsequently, unless otherwise instructed by the Bank, notify the Bank promptly upon receipt from the purchaser of the full purchase price with respect to such Defaulted Note.
TERMS OF ISSUE. 4.1 This Protocol is issued pursuant to section 18 of the (“the Settlement Legislation”) that implements the Ngai Tamanuhiri Deed of Settlement, and is subject to the Settlement Legislation and the Deed of Settlement.
4.2 This Protocol must be read subject to the terms of issue set out in Attachment B.
TERMS OF ISSUE. 3.1 This Protocol is issued pursuant to section xx of the Xxxx Xxx ki Tāmaki Claims Settlement Act [xxx] (“the Settlement Legislation”) that implements the Xxxx Xxx ki Tāmaki Deed of Settlement, and is subject to the Settlement Legislation and the Deed of Settlement.
3.2 This Protocol must be read subject to the terms of issue set out in Attachment B.
