Swiss Franc Notes definition
Examples of Swiss Franc Notes in a sentence
References herein to a “Global Note” shall, as the context may require, be to a Temporary Global Note and a Permanent Global Note (each substantially in the form provided in the relevant schedule to the Fiscal Agency Agreement), but shall exclude a Permanent Global Note that represents an interest or interests in Swiss Franc Notes.
For Swiss Franc Notes, the Relevant Issuer and, as the case may be, the Guarantor shall appoint one or more Swiss paying agents, as the case may be, and as indicated in the applicable Final Terms, by the execution of a Supplemental Agency Agreement, substantially in the form set out in Schedule 11.
This Agreement shall be read as one with the Fiscal Agency Agreement and all references therein to "this Agreement" shall be deemed, in relation to the Swiss Franc Notes and to the extent specified herein, also to refer to this Agreement.
Except as provided herein, the Fiscal Agency Agreement shall have full force and effect with respect to the Swiss Paying Agent and the issues of the Swiss Franc Notes.
Once the Permanent Global Note is deposited with the Intermediary and entered into the accounts of one or more participants of the Intermediary, the Swiss Franc Notes will constitute intermediated securities (Bucheffekten) ("Intermediated Securities") in accordance with the provisions of the Swiss Federal Intermediated Securities Act (Bucheffektengesetz).
The Issuer will at all times maintain a paying agent having a specified office in Switzerland and will at no time maintain a paying agent having a specified office outside Switzerland in relation to the Swiss Franc Notes.
The parties hereby agree that the Swiss Franc Notes will be cleared and settled through SIX SIS in accordance with standard Swiss market practice.
In connection with issues of Swiss Franc Notes under the Programme, the Issuer has entered into a Swiss Supplemental Agency Agreement dated [•] (as amended or supplemented from time to time, the "Swiss Supplemental Agency Agreement" and, together with the Fiscal Agency Agreement, the "Agency Agreement") with [•] as Swiss paying agent (the "Swiss Paying Agent", which expression shall include any successor to [•]).
In relation to Swiss Franc Notes listed on the SWX Swiss Exchange, the holders of the Notes, where entitled to do so under the terms of this Trust Deed, are entitled to take action against the relevant Issuer before the commercial court of the canton of Zurich, the place of jurisdiction being Zurich.
The Issuer shall inform the Swiss Paying Agent if it intends to reopen series of Swiss Franc Notes or issue new series of Swiss Franc Notes.