Common use of CB Certificate Clause in Contracts

CB Certificate. (a) Following the conversion of all or such part of the CB pursuant to this CB Condition 8, the CB so converted shall be cancelled forthwith and may not be re-issued or re-sold, and the CB Certificate(s) in respect of the CB converted pursuant to this CB Condition 8 shall, subject to CB Condition 6.7, be surrendered to the Issuer and shall be destroyed, and the ▇▇ ▇▇▇▇▇▇'▇ name shall be removed from the CB Register in respect of the CB converted pursuant to this CB Condition 8. (b) Where not all of the CB is the subject of the conversion, a new CB Certificate in respect of the remaining balance of the CB (and which states the aggregate outstanding principal amount of the CB) shall be issued and delivered to the ▇▇ ▇▇▇▇▇▇ in accordance with CB Condition 6.4 (Transfers, Redemption and Conversion).

Appears in 1 contract

Sources: Subscription Agreement

CB Certificate. (a) Following the conversion redemption of all or such part of the CB pursuant to this CB Condition 812, the CB so converted redeemed shall be cancelled forthwith and may not be re-issued or re-sold, and the CB Certificate(s) in respect of the CB converted redeemed pursuant to this CB Condition 8 12 shall, subject to CB Condition 6.7, be surrendered to the Issuer and shall be destroyed, and the ▇▇ ▇▇▇▇▇▇'▇ name shall be removed from the CB Register in respect of the CB converted redeemed pursuant to this CB Condition 812. (b) Where not all of the CB is the subject of the conversionvoluntary redemption, a new CB Certificate in respect of the remaining balance of the CB (and which states the aggregate outstanding principal amount of the CB) shall be issued and delivered to the ▇▇ ▇▇▇▇▇▇ in accordance with CB Condition 6.4 (Transfers, Redemption and Conversion).

Appears in 1 contract

Sources: Subscription Agreement