Examples of Security Holders in a sentence
The Principal Paying Agent shall pay the amounts due to the Clearing System to be credited to the respective accounts of the depository banks and to be transferred to the Security Holders.
In connection with the Securities, the Principal Paying Agent, the Paying Agents and the Calculation Agent act solely on behalf of the Issuer and do not assume any obligations towards or relationship of mandate or trust for or with any of the Security Holders.
The Security Holders shall not be entitled to further interest or other payments in respect of such delay.(3) Manner of payment, discharge: All payments shall be made to the Principal Paying Agent.
The Security Holders are not entitled to receive definitive Securities.
However, at least the Minimum Amount shall be paid.(2) Business day convention: If the due date for any payment under the Securities (the "Payment Date") is not a Banking Day then the Security Holders shall not be entitled to payment until the next following Banking Day.