Examples of Global Bearer Note in a sentence
If it is stated in the Final Terms that the form of some or all of the Notes is "Bearer", such Notes are issued in the form of one Global Bearer Note.
In respect of bearer notes relating to a Series, a Global Bearer Note will be delivered on or prior to the original issue date to Clearstream Banking Frankfurt.
Temporary Bearer Global Note exchangeable for a Permanent Bearer Global Bearer Note which is exchangeable for definitive Bearer Notes only upon an Exchange Event.
The Relevant Programme Agent shall make a record of each payment made against presentation or surrender of any Global Bearer Note, distinguishing between any payment of principal and any payment of interest on the Global Bearer Note by the Paying Agent to which it was presented, and such record shall be prima facie evidence that the payment in question has been made.
A holder of co-ownership rights in respect of the Notes will be referred to hereinafter as a “Noteholder” or a “holder of a Note”.Unless the applicable Final Terms specify that the Permanent Global Bearer Note will be exchangeable upon notice, the right to demand delivery (uitlevering) under the Dutch Securities Giro Transfer Act is excluded.
Unless specified otherwise in the relevant Offering Circular Supplement, Notes will each be represented on issue by a temporary Global Bearer Note exchangeable, in accordance with its terms, for interests in a permanent Global Bearer Note, or be in registered form only.
A temporary Global Bearer Note or a permanent Global Bearer Note, in either case where the relevant Offering Circular Supplement indicates that such Note is intended to be issued in new global note form is referred to as a “New Global Note” or “NGN” and an NGN which is intended to be held in a manner which would allow Eurosystem eligibility, as indicated in the relevant Offering Circular Supplement, is referred to as a “Eurosystem- eligible NGN”.
Where this Global Bearer Note is an NGN, the Issuer shall procure that details of such exercise shall be entered pro rata in the records of the relevant clearing system and the nominal amount of the Notes recorded in those records will be reduced accordingly.
The statements set out in the legends above are an integral part of this temporary Global Bearer Note and, by acceptance hereof, each holder of this temporary Global Bearer Note agrees to be subject to and bound by such legends.
If permitted under the law applicable in relation to the registration, each Global Bearer Note will only make reference to the applicable Issue Specific Conditions, as replicated in the applicable Final Terms, and the General Conditions (including the applicable Reference Asset Linked Conditions) and as a consequence the applicable Issue Specific Conditions and the General Conditions will not be replicated in therein.