Clearing System-Definition

Clearing System ist Clearstream Banking AG, Frankfurt am Main ("CBF").

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Clearing System has the meaning as defined in § 1 (4).

Clearing System means Clearstream Banking AG, Frankfurt am Main ("Clearstream Frankfurt") and any successor in such capacity.

Examples of Clearing System in a sentence

• The Global Bearer Note is deposited with Clearstream Banking AG, Frankfurt am Main, ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ (the "Relevant Clearing System").

• The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi ▇▇▇▇▇▇ ▇▇, B-1210 Brussels, and/or Clearstream Banking, société anonyme, ▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇, ▇-▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ (▇▇▇ "Relevant Clearing System").

• Die Emittentin wird durch Leistung der Zahlung an das Clearing System oder dessen Order von ihrer Zahlungspflicht befreit.

• Die Emittentin wird alle die Schuldverschreibungen betreffenden Mitteilungen an das Clearing System zur Weiterleitung an die Gläubiger übermitteln.

• Jede derartige Mitteilung gilt am siebten Tag nach dem Tag der Mitteilung an das Clearing System als den Gläubigern mitgeteilt.

• The Global Bearer Note is deposited with Euroclear Bank SA/NV, ▇ ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇, B-1210 Brussels, and/or Clearstream Banking, société anonyme, ▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇, ▇-▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ (the "Relevant Clearing System").

• Zahlungen auf Kapital in Bezug auf die Schuldverschreibungen erfolgen nach Maßgabe des nachstehenden Absatzes 2 an das Clearing System oder dessen Order zur Gutschrift auf den Konten der jeweiligen Kontoinhaber des Clearing Systems gegen Vorlage und (außer im Fall von Teilzahlungen) Einreichung der die Schuldverschreibungen zum Zeitpunkt der Zahlung verbriefenden Globalurkunde bei der bezeichneten Geschäftsstelle der Emissionsstelle außerhalb der Vereinigten Staaten.

• The Issuer will be discharged of its payment and/or delivery obligations by payment and/ or delivery to, or to the order of, the relevant Clearing System (or a depositary or nominee thereof) in respect of the amount so paid or delivered.

• The Issuer shall be discharged by payment to, or to the order of, the Clearing System.

• For purposes of the foregoing, “Custodian” means any bank or other financial institution of recognized standing authorized to engage in securities custody business with which the Noteholder maintains a securities account in respect of the Notes, including the Clearing System.

More Definitions of Clearing System

Clearing System means Clearstream Banking Aktiengesellschaft, ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Federal Republic of Germany and any successor in such capacity.

Clearing System. “ die National Securities Clearing Corporation (NSCC) oder ein anderes vom Verwaltungsrat genehmigtes Clearing-System.

Clearing System bedeutet SIX SIS AG, Olten, Schweiz, sowie jeder Funktionsnachfolger.

Clearing System means Clearstream Banking AG, Frankfurt am Main (“Clearstream Frankfurt”) and any successor in such capacity. “Co-Investment Entities” means (i) entities holding, directly or indirectly, any real estate assets in which the Issuer or any of its Subsidiaries makes or holds an Investment (or subscribes any equity capital) in order to mitigate the applicability of German real estate transfer tax (or equivalent tax in any other jurisdiction) and (ii) funds established, organized or advised by the Issuer or any of its Subsidiaries; provided, in each case, that the direct Investment by the Issuer or its Subsidiaries in any such entity or fund does not exceed 10.1 per cent. of the relevant entity’s or fund’s Capital Stock or ownership interest. “Collateral” has the meaning set forth in § 3(b). “Contingent Obligations” means, with respect to any Person, any obligation of such Person guaranteeing in any manner, whether directly or indirectly, any lease in the ordinary course of business or consistent with past practice, dividend or other obligation that, in each case, does not constitute Indebtedness (“primary obligations”) of any other Person (the “primary obligor”), including any obligation of such Person, whether or not contingent:

Clearing System means SIX SIS AG, Olten, Switzerland, and any successor in such capacity.

Clearing System. “ bedeutet Oesterreichische Kontrollbank AG, ▇▇ ▇▇▇ ▇, ▇▇▇▇ ▇▇▇▇, und jeder Nachfolger in dieser Funktion als Wertpapiersammelbank.