Examples of VPS Notes in a sentence
VPS Notes will not be evidenced by any physical note or document of title other than statements of account made by the VPS.
Title to the VPS Notes will pass by registration in the registers between the direct or indirect accountholders at the VPS in accordance with the rules and procedures of the VPS.
The following Terms and Conditions are also applicable to VPS Notes.
Notes which are represented by a global Note and VPS Notes will be transferable only in accordance with the rules and procedures for the time being of Euroclear and/or Clearstream, Luxembourg and/or DTC and/or the Intermediary and/or the VPS, as the case may be.
The Notes are in bearer form ("Bearer Notes"), registered form ("Registered Notes") or, in the case of VPS Notes, uncertificated book-entry form, as specified in the applicable Final Terms and, in the case of definitive Notes, serially numbered, in the Specified Currency and the Specified Denomination(s).