New Safekeeping Structure definition

New Safekeeping Structure means a structure where a Global Registered Note is registered in the name of a Common Safekeeper (or its nominee) for Euroclear and/or Clearstream, Luxembourg and/or any other relevant clearing system and will be deposited on or about the issue date with the Common Safekeeper for Euroclear and/or Clearstream, Luxembourg;

New Safekeeping Structure or “NSS” means the new safekeeping structure applicable to registered form global securities and which is required for such securities to be recognised as eligible collateral for Eurosystem monetary policy and intra-day credit operations. Registered Global Notes to be held under the New Safekeeping Structure will be registered in the name of a Common Safekeeper (or its nominee) for Euroclear and/or Clearstream, Luxembourg and deposited on or about the issue date with the Common Safekeeper for Euroclear and/or Clearstream, Luxembourg;

New Safekeeping Structure means the structure under which registered Global Securities intended to be recognized as eligible collateral for Eurosystem monetary policy and intra-day credit operations by the Eurosystem must be issued. Registered Global Securities issued under the New Safekeeping Structure must be registered in the name of a nominee of the Common Safekeeper and safekept by the Common Safekeeper.

Examples of New Safekeeping Structure in a sentence

• Registered Securities issued under the New Safekeeping Structure shall be deposited with a Common Safekeeper for Euroclear and Clearstream, Luxembourg All Registered Securities of the same Series shall have the same Denomination.

• Registered Securities issued under the New Safekeeping Structure shall be deposited with a Common Safekeeper for Euroclear and Clearstream, LuxembourgAll Registered Securities of the same Series shall have the same Denomination.

• Form of the Certificates: (i)Form:Non-US Registered Global Note registered in the name of a nominee for a common depositary for Euroclear and Clearstream (ii)New Global Note (NGN – bearer notes) / New Safekeeping Structure (NSS – registered notes):No31.

• The Paying Agent undertakes to the Issuer that it will, in connection with the issue of the Notes, perform the duties which are stated to be performed by it in Exhibit H (New Safekeeping Structure Duties).

• If the Final Terms specifies 'NGN Form' to be 'Applicable' with respect to a Global Bearer Security, or if the Final Terms specifies 'Held under the NSS' to be 'Applicable' with respect to a Global Registered Security to be held under the New Safekeeping Structure ("NSS") ("NGN Form"), such Global Bearer Security or Global Registered Security will be delivered on or prior to the original issue date of the Series or Tranche to a common safekeeper (a "Common Safekeeper").

More Definitions of New Safekeeping Structure

New Safekeeping Structure or “NSS” means a structure where a Global Security is registered in the name of a Common Safekeeper (or its nominee) for Euroclear and/or Clearstream and will be deposited on or about the issue date with the Common Safekeeper for Euroclear and/or Clearstream.

New Safekeeping Structure means a structure where a Global Note which is registered in the name of a nominee of the Common Safekeeper for Euroclear and/or Clearstream, Luxembourg and the relevant Global Note will be deposited on or about the Closing Date with the Common Safekeeper.

New Safekeeping Structure means a structure where a Global Registered Instrument is registered in the name of a Common Safekeeper (or its nominee) for Euroclear and/or Clearstream, Luxembourg and will be deposited on or about the issue date with the Common Safekeeper for Euroclear and/or Clearstream, Luxembourg;

New Safekeeping Structure means a structure where a Registered Note which is registered in the name of a common safekeeper (or its nominee) for Euroclear or Clearstream, Luxembourg and the relevant Global Registered Note will be deposited on or about the issue date with the common safekeeper for Euroclear or Clearstream, Luxembourg.

New Safekeeping Structure means the structure under which Registered Global Securities intended to be recognized as eligible collateral for Eurosystem monetary policy and intraday credit operations need be issued. Registered Global Securities issued under the NSS shall be registered in the name of a nominee of the CSK and safekept by the CSK.’;

New Safekeeping Structure means the structure under which Registered Securities in global form intended to be recognized as eligible collateral for Eurosystem monetary policy and intra-day credit operations by the Eurosystem must be issued. Registered Securities in global form issued under the New Safekeeping Structure must be registered in the name of a nominee of the Common Safekeeper and safekept by the Common Safekeeper.

New Safekeeping Structure means the structure under which registered Global Securities intended to be recognized as eligible collateral for Eurosystem monetary policy and intra-day credit operations by the Eurosystem must be issued. Global Securities issued under the New Safekeeping Structure must be registered in the name of a nominee of the Common Safekeeper and safekept by the Common Safekeeper. “Common Safekeeper” means, with respect to any Securities issued in the form of one or more Global Securities under the New Safekeeping Structure, Euroclear Bank SA/NV (“Euroclear”), Clearstream Banking S.A. (“Clearstream”) or another person designated as Common Safekeeper by either of them as International Central Securities Depositaries (“ICSDs”).