Examples of Swiss Agent in a sentence
The receipt by the Swiss Agent of the due and punctual payment of funds in Zurich shall release the Issuer from its obligations under the Notes (and any Coupons appertaining to them) for the payment of principal and interest to the extent of such payment.
Should the Swiss Agent so determine, it shall provide for the printing of Definitive Bearer Swiss Certificates without cost to the Noteholders.
The Issuer shall make all payments of principal and interest due under Bearer Notes represented by a Swiss Global Note or Uncertificated Notes to the Swiss Agent which shall, where applicable, promptly reimburse each other Swiss paying agent on demand for payments in respect of such Notes properly made by such other Swiss paying agent.
In the case Definitive Bearer Swiss Certificates are delivered, the Swiss Global Note will immediately be cancelled by the Swiss Agent and the Definitive Bearer Swiss Certificates shall be delivered to the relevant holders against cancellation of the relevant Swiss Notes in such holders’ securities accounts.
The receipt by the Swiss Agent of the due and punctual payment of funds in Swiss Francs shall release the Issuer from its obligations under such Swiss Notes (and any Receipts and Coupons appertaining to them) for the payment of principal and interest to the extent of such payment, except to the extent that there is a default in the subsequent payment thereof to the holders of the Notes (and any Coupons and Receipts appertaining to them).
Should the Swiss Agent so determine, it shall provide for the printing of Swiss Definitive Notes without cost to the holders of the Swiss Notes.
Neither the Issuer, the Noteholders, the Swiss Agent nor any other party shall, at any time, have the right to effect or demand the conversion of the Swiss Global Note into, or the delivery of, individually certificated securities (Wertpapiere) or uncertificated securities (Wertrechte).
Upon delivery of the individually Definitive Registered Swiss Certificates, the Swiss Global Note will immediately be cancelled by the Swiss Agent and the Definitive Registered Swiss Certificates will be delivered to the Noteholders, who for this purpose need to be registered in the Register, against cancellation of the Swiss Notes in their respective securities accounts.
The registration of a new Noteholder by the Swiss Registrar will only occur upon presentation of the relevant Definitive Registered Swiss Certificates at the specified office of the Swiss Registrar or the Swiss Agent.
Notices in respect of Swiss Notes shall be validly given through the Swiss Agent by means of electronic publication on the internet website of the SIX Swiss Exchange (http://www.six-exchange- regulation.com/index_en.html) under category “Publications”/“Communiqués”).