NGN definition

NGN means a Global Bearer Security in new global note form.

NGN means a temporary Global Note in the form set out in Part C of Schedule 1 or a permanent Global Note in the form set out in Part D of Schedule 1;

NGN means a temporary Global Note in the form set out in Part C or a permanent Global Note in the form set out in Part D, in each case, of schedule 1 to the Trust Deed which is intended to be eligible collateral for Eurosystem monetary policy and intra-day credit operations as stated in the applicable Final Terms;

Examples of NGN in a sentence

• Payments made by the Issuer in respect of Notes represented by a NGN shall discharge the Issuer’s obligations in respect thereof.

• Each Agent shall be obliged to perform only such duties as are specifically set out in this Agreement (including Schedule 8 in the case of the Fiscal Agent and the Registrar where the relevant Notes are represented by a NGN or which are held under the NSS), the Conditions and the Procedures Memorandum and any duties necessarily incidental to them.

• In relation to each Series where the relevant Global Note is in NGN form or the relevant Global Certificate is held under the NSS, the Issuer hereby authorises and instructs the Fiscal Agent to elect either Euroclear or Clearstream Luxembourg as Common Safekeeper.

• The records of Euroclear and Clearstream, Luxembourg shall be conclusive evidence of the nominal amount of Notes represented by the relevant NGN and for such purposes, a statement issued by Euroclear or Clearstream, Luxembourg stating the nominal amount of Notes represented by the relevant NGN at any time shall be conclusive evidence of the records of the relevant clearing systems at that time.

• Each Agent shall be obliged to perform only such duties as are specifically set out in this Agreement, (including Schedule 5 in the case of the Issuing and Paying Agent where the relevant Notes are represented by a NGN) the Trust Deed, the Conditions and the Programme Manual and any duties necessarily incidental to them.

More Definitions of NGN

NGN means a Temporary Bearer Global Note or a Permanent Bearer Global Note and in either case in respect of which the applicable Final Terms indicate is a New Global Note;

NGN means New Global Note; and

NGN means a temporary Global Instrument in the form set out in Part C of Schedule 1 or a permanent Global Instrument in the form set out in Part D of Schedule 1.

NGN means a temporary Global Note in the form set out in Part C of Schedule 1 (Form of NGN Temporary Global Note) or a permanent Global Note in the form set out in Part D of Schedule 1 (Form of NGN Permanent Global Note).

NGN means a temporary Global Note in the form set out in Part C of Schedule 1 or a permanent Global Note in the form set out in Part D of Schedule 1 which is intended to be eligible collateral for Eurosystem monetary policy and intra-day credit operations as stated in the Final Terms;

NGN means New Global Note.

NGN means a Global Note where the applicable Issue Memorandum specifies the Notes as being in new global note form.