Examples of Clearing Systems in a sentence
The Issuer acknowledges that such election is subject to the right of the Relevant Clearing Systems to jointly determine that the other shall act as Common Safekeeper and agrees that no liability shall attach to the Principal Paying Agent in respect of any such election made by it.
Interests in the [Class A/Class B] Series 202[***]-[***] Notes represented by the Global Registered Note may only be transferred in accordance with the rules and procedures of the Relevant Clearing Systems.
Payments due in respect of the [Class A/Class B] Series 202[***]-[***] Notes represented by the Global Registered Note shall be made to the registered holder of the Global Registered Note for further transfer to the holders of the [Class A/Class B] Series 202[***]-[***] Notes shown in the records of the Relevant Clearing Systems and each payment so made will discharge the Issuer's obligations in respect thereof.