UK Government Obligations definition

UK Government Obligations means direct obligations of, or obligations guaranteed by, the United Kingdom, and the payment for which the United Kingdom pledges its full faith and credit.
UK Government Obligations means sovereign obligations of the UK for the timely payment of which its full faith and credit is pledged, in each case which are payable in sterling and not callable or redeemable at the option of the issuer thereof.
UK Government Obligations means sovereign obligations of the UK for the timely payment of which its full faith and credit is pledged, in each case which are payable in sterling and not callable or redeemable at the option of the issuer thereof. 66

Examples of UK Government Obligations in a sentence

  • The Issuer shall pay and indemnify the Trustee against any Taxes imposed or levied on or assessed against the cash or UK Government Obligations deposited pursuant to Section 8.04 hereof or the principal and interest received in respect thereof other than any such Taxes which by law are for the account of the Holders of the outstanding Notes.

  • The Issuer will pay and indemnify the Trustee against any Taxes imposed or levied on or assessed against the cash or U.S. Government Obligations or UK Government Obligations deposited pursuant to Section 8.04 hereof or the principal and interest received in respect thereof other than any such Taxes which by law are for the account of the Holders of the outstanding Notes.

  • The Issuer shall pay and indemnify the Trustee against any Taxes imposed or levied on or assessed against the cash or UK Government Obligations deposited pursuant to Section 8.04 or the principal and interest received in respect thereof other than any such Taxes which by law are for the account of the Holders of the outstanding Notes.

  • The Company shall pay and indemnify the Trustee against any Taxes imposed or levied on or assessed against the cash or UK Government Obligations deposited pursuant to Section 8.04 or the principal and interest received in respect thereof other than any such Taxes which by law are for the account of the Holders of the outstanding Notes.

  • The Trustee shall hold in trust money or U.K. Government Obligations deposited with it pursuant to Section 8.02 hereof.


More Definitions of UK Government Obligations

UK Government Obligations means (i) direct obligations of the United Kingdom that are issued by the Lords Commissioners of Her Majesty's Treasury or (ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United Kingdom the payment of which is unconditionally guaranteed by the Lords Commissioners of Her Majesty's Treasury, and also includes a depository receipt issued by a bank or trust company as custodian with respect to any such U.K. Government Obligation or a specific payment of interest on or principal of any such U.K. Government Obligation held by such custodian for the account of the holder of a depository receipt; provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of the U.K. Government Obligation or the specific payment of interest on or principal of the U.K. Government Obligation evidenced by such depository receipt. In order to have money available on a payment date to pay principal or interest (including Additional Amounts, if applicable) on the Notes, the
UK Government Obligations means (i) direct obligations of the United Kingdom that are issued by the Lords Commissioners of Her Majesty's Treasury or (ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United Kingdom the payment of which is unconditionally guaranteed by the Lords Commissioners of Her Majesty's Treasury, and also includes a depository receipt issued by a bank or trust company as custodian with respect to any such U.K. Government Obligation or a specific payment of interest on or principal of any such U.
UK Government Obligations is defined to mean gilt-edge securities issued directly or unconditionally guaranteed by the United Kingdom Treasury, in each case, which are not callable or redeemable at the option of the issuer thereof.
UK Government Obligations means direct obligations of, or obligations guaranteed by, the United Kingdom,
UK Government Obligations means (i) direct obligations of the United Kingdom that are issued by the Lords Commissioners of Her Majesty's Treasury or (ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United Kingdom the payment of which is unconditionally guaranteed by the Lords Commissioners of Her Majesty's Treasury, and also includes a depository receipt issued by a bank or trust company as custodian with respect to any such U.K. Government Obligation or a specific payment of interest on or principal of any such U.K. Government Obligation held by such custodian for the account of the holder of a depository receipt; provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of the U.K. Government Obligation or the specific payment of interest on or principal of the U.K. Government Obligation evidenced by such depository receipt. In order to have money available on a payment date to pay principal or interest (including Additional Amounts, if applicable) on the Notes, the U.K. Government Obligations shall be payable as to principal or interest on or before such payment date in such amounts as will provide the necessary money. U.K. Government Obligations shall not be callable at the issuer's option.
UK Government Obligations means obligations issued or directly and fully guaranteed or insured by the United Kingdom, provided that the full faith and credit of the United Kingdom is pledged in support thereof.
UK Government Obligations means securities which are (1) direct obligations of the United Kingdom for the payment of which its full faith and credit is pledged or (2) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United Kingdom, the payment of which is unconditionally guaranteed as a full faith and credit obligation