Master Global Security definition

Master Global Security which means that the terms of each Supplemental Obligation are incorporated herein by reference to the applicable Pricing Supplements, substantially as contemplated herein. To the extent lawful, in the event any of the terms of any Supplemental Obligation as set forth in the applicable Pricing Supplement are inconsistent with the terms set forth herein or in the Indenture, the terms set forth in the applicable Pricing Supplement shall control. The Bank, for value received, hereby promises to pay to CEDE & CO., or its registered assigns, as nominee of The Depository Trust Company, or its registered assigns, on each principal payment date, including each amortization date, redemption date, repayment date or maturity date, as applicable, of each Supplemental Obligation, in each case as specified in the applicable Pricing Supplement, and on each interest payment date and at maturity, the principal, settlement amount, interest and/or other amounts then due and payable with respect to such Supplemental Obligation, if any, as so specified in the applicable Pricing Supplement. Unless otherwise set forth in the applicable Pricing Supplement, any premium and any such installment of interest that is overdue at any time shall also bear interest at the rate per annum at which the principal then bears interest (to the extent that the payment of such interest shall be legally enforceable), from the date any such overdue amount first becomes due until it is paid or made available for payment. Notwithstanding the foregoing, interest on any principal, premium or installment of interest that is overdue shall be payable on demand. Unless otherwise set forth in the applicable Pricing Supplement, any interest or other periodic distributions on any Supplemental Obligation so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the Business Day immediately preceding such Interest Payment Date (a “Regular Record Date”) and the final interest payable at maturity or upon an early redemption, as applicable, will be payable to the Person in whose name this Security (or one or more Predecessor Securities) is registered on the maturity date or the early redemption date, as applicable. Notwithstanding any provision of this Security or the Indenture, the Bank may make any and all payments on any S...

Examples of Master Global Security in a sentence

  • In addition to all other duties of the Trustee in connection with the issuance of Securities hereunder, the Trustee shall be required to maintain each of the pricing supplements and other documents from which the terms of the Securities are incorporated by reference into any Master Global Security and to notate the issuance of any Supplemental Obligation thereunder as directed by Company Order.

  • In addition to all other duties of the Trustee in connection with the issuance of Debt Securities hereunder, the Trustee shall be required to maintain each of the Pricing Supplements and other documents from which the terms of the Debt Securities are incorporated by reference into any Master Global Security and to notate the issuance of any Supplemental Obligation thereunder as directed by Company Order.

  • Each such replacement Global Security that is a Master Global Security shall reflect such series of Securities that the Bank shall request.

  • HSBC BANK PLC Title of Series: SENIOR DEBT SECURITIES, SERIES 1 Title of Debt Securities: as provided in the relevant Pricing Supplement for each Supplemental Obligation (Master Global Security) This Debt Security is a Global Security within the meaning of the Indenture and represents one or more Supplemental Obligations, as such term is defined in the Indenture, of HSBC Bank plc (hereinafter the “Company”, which term includes any successor Person under the Indenture).

  • Each such replacement Global Security that is not a Master Global Security shall represent one (and only one) Security as requested by the Bank, and such Global Security shall be appropriately modified so as to reflect the terms of such Security.

  • The following exchanges of a part of this Master Global Security for physical certificates or a part of another Global Security have been made: Date of Exchange Amount of decrease in principal amount of this Global Security Amount of increase in principal amount of this Global Security Principal amount of this Global Security following such decrease (or increase) Signature of authorized signatory of Trustee ANNEX C CUSIP NO.

  • This Security is a Master Global Security and may be exchanged at any time, solely upon the request of the Bank to the Trustee, for one or more Global Securities in the same aggregate [principal amount] [units], each of which may or may not be a Master Global Security, as requested by the Bank.

  • Title of Series: SENIOR DEBT SECURITIES, SERIES 1 Title of Debt Securities: as provided in the relevant Pricing Supplement for each Supplemental Obligation (Master Global Security) This Debt Security is a Global Security within the meaning of the Indenture and represents one or more Supplemental Obligations, as such term is defined in the Indenture, of HSBC USA Inc.

Related to Master Global Security

  • Global Security means a Security issued to evidence all or a part of any series of Securities which is executed by the Company and authenticated and delivered by the Trustee to the Depositary or pursuant to the Depositary’s instruction, all in accordance with the Indenture, which shall be registered in the name of the Depositary or its nominee.

  • Global Debenture shall have the meaning set forth in Section 2.4(a).

  • Global Note shall have the meaning specified in Section 2.05(b).