Examples of Grupo Aval Limited in a sentence
Grupo Aval Limited may not issue new Notes to replace Notes it has redeemed, paid or delivered to the Trustee for cancellation.
Grupo Aval Limited shall promptly notify the Trustee in writing of any change in CUSIP, ISIN or Common Code or other similar numbers.
To permit registrations of transfers and exchanges and subject to the other terms and conditions of this Article II, Grupo Aval Limited shall execute, and the Trustee shall authenticate, Certificated Notes and Global Notes at the Registrar’s request.
Alternatively, if Grupo Aval Limited or the Trustee so determines, Grupo Aval Limited in exchange for the Note shall issue and, upon Grupo Aval Limited order, the Trustee shall authenticate a new Note that reflects the changed terms.
Every replacement Note is an additional contractual obligation of Grupo Aval Limited and shall be entitled to the benefits of this Indenture.
Grupo Aval Limited or Grupo Aval shall pay and shall indemnify the Trustee against any tax, fee or other charge imposed on or assessed against deposited U.S. Government Obligations or the principal and interest received on such U.S. Government Obligations.
Any Officers’ Certificate or opinion of an Officer of Grupo Aval Limited or Grupo Aval may be based, insofar as it relates to legal matters, upon a certificate or opinion of, or representations by, counsel, unless such Officer knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to the matters upon which his or her certificate or opinion, as the case may be, is based are erroneous.
The Trustee shall acknowledge satisfaction and discharge of this Indenture on written demand of Grupo Aval Limited accompanied by an Officers’ Certificate and an Opinion of Counsel (each stating that all conditions precedent herein provided relating to the satisfaction and discharge of this Indenture have been complied with) and at the cost and expense of Grupo Aval Limited.
Subject to applicable law, the Trustee and the Paying Agents shall pay to Grupo Aval Limited or Grupo Aval upon written request any monies held by them for the payment of principal, premium, if any, or interest in respect of the Notes that remains unclaimed for two years, and thereafter, Holders entitled to such monies must look to Grupo Aval Limited or Grupo Aval for payment as general creditors.
If that U.S. Dollar amount is less than the U.S. Dollar amount expressed to be due to the recipient under any Note, Grupo Aval Limited or Grupo Aval shall, jointly and severally, indemnify such Holder against any loss sustained by it as a result.