Examples of Class S VFN Registrar in a sentence
In the case of Definitive Notes, upon any payment under clause 8.2 of the Deed of Charge (other than payment in full against surrender of a Definitive Note), the Trustee shall cause the Registrar and/or the Class S VFN Registrar to make appropriate annotations in the Register or the Class S VFN Register (as applicable).
The Issuer shall procure that the register in respect of the Class S VFN (the "Class S VFN Register") is kept by the Class S VFN Registrar.
In carrying out its functions each of the Registrar and the Class S VFN Registrar shall act in accordance with the terms of this Agreement, the Regulations, the Conditions, the Residual Certificates Conditions and the Trust Deed.
The Class S VFN Registrar shall upon receipt of such confirmation make a note of such confirmation in the VFN Register.
If at any time the Principal Paying Agent or the Class S VFN Registrar (as the case may be) ceases to be a FATCA Compliant Entity with respect to payments made to it by the Issuer under this Agreement, it will as soon as reasonably practicable, notify the Issuer (such notification may be in the format of a general notification to the market) that it is no longer a FATCA Compliant Entity.
Each of the Registrar, the Principal Paying Agent, the Reference Agent and the Class S VFN Registrar accepts its appointment as agent of the Issuer and, for the purpose of Clause 11 (Agents to act for Trustee) only, the Trustee in relation to the Notes and the Residual Certificates and agrees to comply with the provisions of this Agreement and to perform its duties under the Conditions and the Residual Certificates Conditions.
Notwithstanding the foregoing the Principal Paying Agent and/or the Class S VFN Registrar (as applicable) shall not be obliged to make any repayment to the Issuer so long as any amounts which should have been paid to or to the order of the Principal Paying Agent or the Class S VFN Registrar (as applicable) or, if applicable, the Trustee by the Issuer shall remain unpaid.
If any Paying Agent makes any payment in accordance with Clause 8.1 (Payments in respect of Notes and Residual Certificates), it shall be entitled to appropriate for its own account out of the funds received by it under Clause 7.1 (Issuer to pay the Principal Paying Agent and Class S VFN Registrar) an amount equal to the amount so paid by it.
Each of the Registrar, the Principal Paying Agent, the Reference Agent and the Class S VFN Registrar accepts its appointment as agent of the Issuer and, for the purpose of Clause 11 (Agents to Act for Trustee) only, the Trustee in relation to the Notes and the Residual Certificates and agrees to comply with the provisions of this Agreement and to perform its duties under the Conditions and the Residual Certificates Conditions.