Commissionaire Account means an account with either Euroclear Bank SA/NV or Clearstream, Luxembourg, the terms of which include a third-party beneficiary clause ("stipulation pour autrui") with the Issuer as the third-party beneficiary;
Commissionaire Account means an account with either Euroclear Bank SA/NV or Clearstream the terms of which include a third-party beneficiary clause ("stipulation pour autrui") with the Issuer as the third-party beneficiary;
Commissionaire Account has the meaning ascribed to it in Schedule 10 to the Programme Agreement.
Examples of Commissionaire Account in a sentence
The common depositary will then instruct the relevant ICSD: (i) to credit the Notes represented by such Global Note free of payment to the Commissionaire Account of the Arranger or such other Dealer as the Issuer may direct to settle the Notes; and (ii) to release such Notes only following the payment of the net subscription monies into the Commissionaire Account, on a delivery against payment basis.
More Definitions of Commissionaire Account
Commissionaire Account means an account with either Euroclear Bank SA/NV or Clearstream, Luxembourg, the terms of which include a third-party beneficiary clause (stipulation pour autrui) with the Issuer as the third-party beneficiary; Conditions has the meaning given in the Base Prospectus except that, in relation to any particular Tranche of Notes, it means the Conditions (as defined in the Base Prospectus) as completed by the applicable Final Terms or supplemented, amended and/or replaced by the relevant Drawdown Prospectus (as the case may be), and any reference to a numbered Condition shall be construed accordingly; EUR means the currency of the member states of the European Union that adopt the single currency in accordance with the Treaty; FATCA withholding means any withholding or deduction required pursuant to an agreement described in Section 1471(b) of the Code or otherwise imposed pursuant to Sections 1471 through 1474 of the Code (or any regulations thereunder or official interpretations thereof) or an intergovernmental agreement between the United States and another jurisdiction facilitating the implementation thereof (or any law implementing such an intergovernmental agreement);