Common use of Unmatured Coupons and unexchanged Talons Clause in Contracts

Unmatured Coupons and unexchanged Talons. Each Bearer PR Debt Instrument initially delivered with Coupons attached thereto should be presented and surrendered for final redemption together with all unmatured Coupons and Talons appertaining thereto (if any), failing which: (a) in the case of Bearer PR Debt Instruments which are Fixed Rate PR Debt Instruments, the amount of any missing unmatured Coupons (or, in the case of a payment not being made in full, that portion of the amount of such missing unmatured Coupon which the redemption amount paid bears to the total redemption amount due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will be deducted from the amount otherwise payable on such final redemption. The amount so deducted will be paid against surrender of the relevant Coupon at the specified office of the I&P Agent at any time within five years of the Relevant Date applicable to payment of such final redemption amount. The “Relevant Date” is the earlier of:

Appears in 6 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

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Unmatured Coupons and unexchanged Talons. Each Bearer PR Debt Instrument initially delivered with Coupons attached thereto should be presented and surrendered for final redemption together with all unmatured Coupons and Talons appertaining thereto (if any), failing which: (a) in the case of Bearer PR Debt Instruments which are Fixed Rate PR Debt InstrumentsInstruments (and unless otherwise specified in the relevant Final Terms), the amount of any missing unmatured Coupons (or, in the case of a payment not being made in full, that portion of the amount of such missing unmatured Coupon which the redemption amount paid bears to the total redemption amount due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will be deducted from the amount otherwise payable on such final redemption. The amount so deducted will be paid against surrender of the relevant Coupon at the specified office of the I&P Agent at any time within five years of the Relevant Date applicable to payment of such final redemption amount. The “Relevant Date” is the earlier of:

Appears in 3 contracts

Samples: Debt Instruments Terms and Conditions, Terms and Conditions, Terms and Conditions

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Unmatured Coupons and unexchanged Talons. Each Bearer PR PD Debt Instrument initially delivered with Coupons attached thereto should be presented and surrendered for final redemption together with all unmatured Coupons and Talons appertaining thereto (if any), failing which: (a) in the case of Bearer PR PD Debt Instruments which are Fixed Rate PR PD Debt Instruments, the amount of any missing unmatured Coupons (or, in the case of a payment not being made in full, that portion of the amount of such missing unmatured Coupon which the redemption amount paid bears to the total redemption amount due) (excluding, for this purpose, but without prejudice to paragraph (c) below, Talons) will be deducted from the amount otherwise payable on such final redemption. The amount so deducted will be paid against surrender of the relevant Coupon at the specified office of the I&P Agent at any time within five years of the Relevant Date applicable to payment of such final redemption amount. The “Relevant Date” is the earlier of:

Appears in 1 contract

Samples: Terms and Conditions

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