Examples of Delivery Instruction Certificate in a sentence
A copy of the Delivery Instruction Certificate shall act as a receipt for both the Notes and the Delivery Instruction Certificate.
The Issuing and Paying Agent to which such Notes and Delivery Instruction Certificate are surrendered shall acknowledge receipt by issuing to the holder of such Notes as a receipt for such Notes a copy of such Delivery Instruction Certificate duly marked with the Issuing and Paying Agent’s stamp and the date and time of receipt and shall deliver to the Custodian, the Issuer and the Swap Counterparty a copy of such Delivery Instruction Certificate as soon as practicable after receipt thereof.
For as long as Bearer Notes are represented by a Global Note, surrender of Notes, together with a Delivery Instruction Certificate will be effected by presentation of the Global Note and its endorsement to note the principal amount of Notes to which the relevant Delivery Instruction Certificate relates.
If such Notes and Delivery Instruction Certificate are presented to the Issuing and Paying Agent after 5.00 p.m., London time, on the day of presentation or if the day of presentation is not a London Business Day, such Notes and Delivery Instruction Certificate shall be deemed to have been presented before5.00 p.m., London time, on the next following London Business Day.
For so long as the Notes are held in any Clearing System, any communication from such Clearing System on behalf of the Noteholder containing the information required in a Delivery Instruction Certificate will be treated as a Delivery Instruction Certificate.
As receipt for such Note the Principal Agent will issue the Noteholder with a stamped, dated copy of such Delivery Instruction Certificate.
In the case where the Noteholder elects to receive the Physical Redemption Amount in respect of such Noteholder Option, the delivery of the duly completed Exercise Notice by the Noteholder in accordance with the Conditions shall be deemed to satisfy the requirement to deliver a Delivery Instruction Certificate pursuant to Base Condition 8.9(b), provided that such Exercise Notice contains all information necessary for the Issuer or its agent to effect physical delivery of the relevant assets.
A Noteholder will not be entitled to any Physical Redemption Amount unless it has; (x) presented or surrendered (as is appropriate) the relevant Note; and (y) delivered a Delivery Instruction Certificate at the Principal Agent’s specified office.
Early redemption of the Notes following an Arranger Insolvency Event: Upon the occurrence of an Arranger Insolvency Event, the Issuer will give a Notice of Redemption and will redeem all of the Notes at their Mandatory Redemption Amount on the Mandatory Redemption Date, provided that a 100% Noteholder may deliver a Delivery Instruction Certificate in which event the Issuer will redeem all of the Notes at their Physical Redemption Amount.
For so long as the Notes are subject to clearing, any communication from any relevant clearing system on behalf of the holder of any Note containing the information required in a Delivery Instruction Certificate will be treated as a Delivery Instruction Certificate.