Examples of VP Systems Covered Bonds in a sentence
The Agency Agreement contains provisions for convening meetings of the Covered Bondholders to consider any matter affecting their interests, including the sanctioning by Extraordinary Resolution of a modification of the VP Systems Covered Bonds or any of the provisions of the Agency Agreement.
The Covered Bonds are in bearer form (“Bearer Covered Bonds”), registered form (“Registered Covered Bonds”) or, in the case of VP Systems Covered Bonds, uncertificated book entry form, as specified in the applicable Final Terms and, in the case of definitive Covered Bonds, serially numbered, in the Specified Currency and the Specified Denomination(s).
The details of all Covered Bonds so cancelled and the Covered Bonds purchased and cancelled pursuant to Condition 5(h) (Purchases) (together, in the case of definitive Bearer Covered Bonds, with all unmatured Receipts and Coupons cancelled therewith) shall be forwarded to the Fiscal Agent and, in the case of VP Systems Covered Bonds, shall be deleted from the records of the VPS, VP, VPC or any other relevant clearing system (as the case may be) and cannot be reissued or resold.
The holder of a VP Systems Covered Bonds will be the person evidenced as such by a book entry in the records of the VPS, VP or VPC (as the case may be).
Title to the VP Systems Covered Bonds will pass by registration in the registers between the direct or indirect accountholders at the VPS, VP or VPC (as the case may be) in accordance with the rules and procedures of the VPS, VP or VPC (as the case may be).
Any such notice shall be deemed to have been given to the holders of the Covered Bonds on the day after the day on which the said notice was given to Euroclear and/or Clearstream, Luxembourg or DTC, as the case may be.Notices to be given by any holder of the Covered Bonds (other than VP Systems Covered Bonds) shall be in writing and given by lodging the same, together with the relative Covered Bond or Covered Bonds, with the Fiscal Agent.
Any notice so given will be deemed to have been validly given on the date of such publication (or, if published more then once, on the date of first such publication) or, as the case may be, on the date of such delivery.In the case of VP Systems Covered Bonds, notices shall be given in accordance with the procedures of VPS, VP, VPC or any other relevant clearing system (as the case may be).
All notices regarding the Covered Bonds (other than VP Systems Covered Bonds) shall be published (i) in a leading English language daily newspaper of general circulation in London and (ii) if and for so long as the Covered Bonds are admitted to trading on the regulated market and listed on the Official List of the Luxembourg Stock Exchange, either in a daily newspaper of general circulation in Luxembourg and/or on the website of the Luxembourg Stock Exchange, www.bourse.lu.
The details of all Covered Bonds so cancelled and the Covered Bonds purchased and cancelled pursuant to Condition 5(f) (Purchases) (together, in the case of definitive Bearer Covered Bonds, with all unmatured Coupons cancelled therewith) shall be forwarded to the Fiscal Agent and, in the case of VP Systems Covered Bonds, shall be deleted from the records of VPS, VP, VPC or any other relevant clearing system (as the case may be) and cannot be reissued or resold.
VP Systems Covered Bonds may not be exchanged for Bearer Covered Bonds or Registered Covered Bonds and vice versa.