Examples of Euro Securities in a sentence
If any Euro Security initially represented by a portion of a temporary global Security is exchanged for a portion of a permanent global Security in equal aggregate principal amount and series, then, for purposes of this Section and Section 2.08, the notation of a beneficial owner’s interest therein upon exchange shall be deemed to be delivery of definitive Euro Securities representing such beneficial owner’s interest.
Upon the expiry of such notice, the Issuer shall redeem the Euro Securities.
If money sufficient to pay the redemption price of and accrued and unpaid interest on all Euro Securities (or portions thereof) to be redeemed on the redemption date is deposited with a Paying Agent on or before the redemption date and certain other conditions are satisfied, on and after such date interest ceases to accrue on such Euro Securities (or such portions thereof) called for redemption.
All Euro Securities shall be issued initially in the form of a temporary global Security and any such temporary global Security shall, unless otherwise provided therein, be delivered to the London office of a depositary or common depositary (the “Common Depositary”), for the benefits of Euroclear and Clearstream, Luxembourg, for credit to the respective accounts for the beneficial owners of such Securities (or to such other accounts as they may direct).
The Holders must surrender Euro Securities to a Paying Agent to collect principal payments.
The Company shall pay interest on overdue principal at the rate borne by the Euro Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.
If any Euro Security initially represented by a portion of a temporary global Security is exchanged for a portion of a permanent global Security in equal aggregate principal amount and series, then, for purposes of this Section and Section 2.08, the notation of a beneficial owner's interest therein upon exchange shall be deemed to be delivery of definitive Euro Securities representing such beneficial owner's interest.
Notice of redemption will be mailed by first-class mail at least 30 days but not more than 60 days before the redemption date to each Holder of Euro Securities to be redeemed at his, her or its registered address.
A Holder shall register the transfer of or exchange of Euro Securities in accordance with the Indenture.
The transfer and exchange of beneficial interests in the Global Euro Securities shall be effected through the Common Depository, in accordance with the provisions of this Indenture and the applicable rules and procedures of Euroclear and Clearstream.