Examples of Temporary Global Class C Note in a sentence
The Temporary Global Class C Note will be deposited on behalf of the subscribers of the Class C Notes with a common depositary for Euroclear Bank S.A./N.V. as operator of the Euroclear System (“Euroclear”) and Clearstream Banking, société anonyme, Luxembourg (“Clearstream, Luxembourg”), (the “Common Depositary”) on the Closing Date.
For 2019-20 and 2020-21, we have proposed a gradual reduction in the growth rate for grants, as we expect the MCDs to take greater recourse to user charges and compression of expenditure and reduce the dependence on GNCTD grants.
Global Class C NotesThe Class C Notes (which shall be in minimum denominations of £50,000 each and increments of £1,000 thereafter) will be initially represented by a Temporary Global Class C Note in bearer form, without coupons or talons, in the principal amount of £27,000,000.