Bearer Instruments definition
Examples of Bearer Instruments in a sentence
If the Issue and Paying Agent or, as the case may be, the Registrar subsequently receives payment of the amount due, it shall forthwith notify the Issuer and (in the case of Bearer Instruments) the Paying Agents thereof.
The Registrar shall notify the Issuer and the Trustee promptly of the exchange of Bearer Instruments for Registered Instruments, specifying the serial numbers of the Bearer Instruments and of the Registered Instruments issued in exchange therefor, the aggregate nominal amount involved and the applicable exchange date.
Each Permanent Global Instrument will only be exchangeable in accordance with its terms for Definitive Instruments and/or (in the case of a Series comprising both Bearer Instruments and Registered Instruments) Registered Instruments.
The relevant Registrar shall notify the Issuer promptly of the exchange of Bearer Instruments for Registered Instruments, specifying the serial numbers of the Bearer Instruments and of the Registered Instruments issued in exchange therefor, the aggregate principal amount involved and the applicable exchange date.
The Issue and Paying Agent or, as the case may be, the relevant Registrar shall authenticate and deliver such Permanent Global Instrument or, as the case may be, Definitive Bearer Instruments and/or Registered Instruments or Global Registered Instrument in accordance with the terms hereof and of the relevant Temporary Global Instrument.
The Registrar shall forthwith upon the receipt of a request for the exchange of Bearer Instruments for Registered Instruments notify the Fiscal Agent thereof (specifying (i) the serial numbers of the Bearer Instruments, (ii) the aggregate principal amount of Instruments involved, and (iii) the exchange date (as defined in Condition 2.06) applicable thereto) and shall on the exchange date cancel the relevant Bearer Instruments and forward the same to the Fiscal Agent.
The Fiscal Agent shall, on the exchange date (as defined in Condition 2.06) applicable to such exchange of Bearer Instruments for Registered Instruments, cancel such Bearer Instruments.
The Issue and Paying Agent shall authenticate and deliver such Definitive Bearer Instruments in accordance with the terms hereof and of the relevant Permanent Global Instrument.
The relevant Paying Agent shall, on the exchange date (as defined in the relevant Terms and Conditions) applicable to such exchange of Bearer Instruments for Registered Instruments, cancel such Bearer Instruments (together with all unmatured Coupons and Receipts appertaining thereto and surrendered therewith) and forward them to or to the order of the Issue and Paying Agent.
In the case of a Series comprising both Bearer Instruments and Instruments in registered form (“Registered Instruments”) the Temporary Global Instrument may be exchanged for Registered Instruments in accordance with its terms only on and from the Exchange Date applicable to the Instruments represented by such Temporary Global Instrument and upon due certification as described therein.