Common use of Creation and issue Clause in Contracts

Creation and issue. (a) A Series of Bonds shall be constituted by: (i) the Issuer delivering a completed and signed Series Supplement to the Supervisor and to the Registrar; and (ii) the Supervisor signing and returning the Series Supplement to the Issuer. (b) A Series of Bonds shall be issued and created by the Registrar entering the particulars of that constituted Series into the Register in accordance with clause 6.1(a).

Creation and issue. (a) A Series of Bonds shall be constituted by: (i) the Issuer Company delivering a completed and signed Series Supplement to the Supervisor and to the Registrar; and (ii) the Supervisor signing and returning the Series Supplement to the IssuerCompany. (b) A Series of Bonds shall be issued and created by the Registrar entering the particulars of that constituted Series into the Register in accordance with clause 6.1(a4 . 2 (Details on Register). (c) For the avoidance of doubt, each Existing Bond shall be considered issued and constituted in accordance with this clause.