Common use of Back to Contents Clause in Contracts

Back to Contents. On and after 27th March, 2002 this temporary Global Bond may be exchanged in whole or in part at the specified office of the Principal Paying Agent (or such other place as the Trustee may agree) for definitive Bearer Bonds and the Issuer shall procure that the Principal Paying Agent shall issue and deliver, in full or partial exchange for this temporary Global Bond, definitive Bearer Bonds (together with the Coupons appertaining thereto) in an aggregate principal amount equal to the principal amount of this temporary Global Bond submitted for exchange Provided that definitive Bearer Bonds will be so issued and delivered only if, and to the extent that, there shall have been presented to the Issuer a certificate from Euroclear Bank S.A./N.V. as operator of the Euroclear system ("Euroclear") or from Clearstream Banking, société anonyme, as operator of the Clearstream system ("Clearstream")substantially in the form of the certificate attached as Exhibit A. Any person who would, but for the provisions of this temporary Global Bond and the Trust Deed, otherwise be entitled to receive a definitive Bearer Bond or definitive Bearer Bonds shall not be entitled to require the exchange of an appropriate part of this temporary Global Bond for a definitive Bearer Bond or definitive Bearer Bonds unless and until he shall have delivered or caused to be delivered to Euroclear or Clearstream a certificate substantially in the form of the certificate attached as Exhibit B (copies of which form of certificate will be available at the offices of Euroclear in Brussels and Clearstream in Luxembourg and the specified office of each of the Paying Agents).

Appears in 1 contract

Sources: Trust Deed (United Utilities PLC)

Back to Contents. On and after 27th March30th January, 2002 this temporary Global Bond may be exchanged in whole or in part at the specified office of the Principal Paying Agent (or such other place as the Trustee may agree) for definitive Bearer Bonds and the Issuer shall procure that the Principal Paying Agent shall issue and deliver, in full or partial exchange for this temporary Global Bond, definitive Bearer Bonds (together with the Coupons appertaining thereto) in an aggregate principal amount equal to the principal amount of this temporary Global Bond submitted for exchange Provided that definitive Bearer Bonds will be so issued and delivered only if, and to the extent that, there shall have been presented to the Issuer a certificate from Euroclear Bank S.A./N.V. as operator of the Euroclear system ("Euroclear") or from Clearstream Banking, société anonyme, as operator of the Clearstream system ("Clearstream")substantially Clearstream") substantially in the form of the certificate attached as Exhibit A. Any person who would, but for the provisions of this temporary Global Bond and the Trust Deed, otherwise be entitled to receive a definitive Bearer Bond or definitive Bearer Bonds shall not be entitled to require the exchange of an appropriate part of this temporary Global Bond for a definitive Bearer Bond or definitive Bearer Bonds unless and until he shall have delivered or caused to be delivered to Euroclear or Clearstream a certificate substantially in the form of the certificate attached as Exhibit B (copies of which form of certificate will be available at the offices of Euroclear in Brussels and Clearstream in Luxembourg and the specified office of each of the Paying Agents).

Appears in 1 contract

Sources: Trust Deed (United Utilities PLC)