Exchange of Temporary Global Note Clause Samples

Exchange of Temporary Global Note. On each occasion on which a portion of a Temporary Global Note is exchanged for a portion of a Permanent Global Note or, as the case may be, for Definitive Notes, the Fiscal Agent shall in the case of a Temporary Global Note, note or procure that there is noted on the Schedule to the Temporary Global Note the aggregate principal amount thereof so exchanged and the remaining principal amount of the Temporary Global Note (which shall be the previous principal amount thereof less the aggregate principal amount so exchanged) and shall procure the signature of such notation on its behalf; and The Fiscal Agent shall cancel or procure the cancellation of each Temporary Global Note against surrender of which full exchange has been made for a Permanent Global Note or Definitive Notes.

Exchange of Temporary Global Note. On each occasion on which a portion of a Temporary Global Note is exchanged for a portion of a Permanent Global Note or, as the case may be, for Definitive Notes, the Fiscal Agent shall note or procure that there is noted on the schedule to the Temporary Global Note the aggregate principal amount thereof so exchanged and the remaining principal amount of the Temporary Global Note (which shall be the previous principal amount thereof less the aggregate principal amount so exchanged) and shall procure the signature of such notation on its behalf. The Fiscal Agent shall cancel or procure the cancellation of each Temporary Global Note against surrender of which full exchange has been made for a Permanent Global Note or Definitive Notes.

Exchange of Temporary Global Note. (a) On each occasion on which a portion of a Temporary Global Note is exchanged for a portion of a Permanent Global Note, the Fiscal Agent shall: (i) in the case of a CGN Temporary Global Note, note or procure that there is noted on the Schedule to the CGN Temporary Global Note the aggregate principal amount thereof so exchanged and the remaining principal amount of the CGN Temporary Global Note (which shall be the previous principal amount thereof less the aggregate principal amount so exchanged) and shall procure the signature of such notation on its behalf; and (ii) in the case of a NGN Temporary Global Note, instruct the ICSDs (in accordance with the provisions of Schedule 11 (Duties under the Issuer- ICSDs Agreement)) to make appropriate entries in their records to reflect the aggregate principal amount thereof so exchanged and the remaining principal amount of the NGN Temporary Global Note (which shall be the previous principal amount thereof less the aggregate principal amount so exchanged). (b) The Fiscal Agent shall cancel or procure the cancellation of each Temporary Global Note against surrender (such surrender to be to the Fiscal Agent or, in the case of a NGN Temporary Global exchangeable for a NGN Permanent Global Note to or to the order of the Fiscal Agent or Common Safekeeper) of which full exchange has been made for a Permanent Global Note or Definitive Bearer Notes and in the case of a NGN Temporary Global Note, instruct the ICSDs (in accordance with the provisions of Schedule 11 (Duties under the Issuer-ICSDs Agreement)) to make appropriate entries in their records to reflect such cancellation and, if such NGN Temporary Global Note has not been surrendered to the Fiscal Agent instruct the Common Safekeeper to destroy the global Note.

Exchange of Temporary Global Note. The Temporary Global Note will be deposited on issue with a common depositary for Euroclear and Clearstream, Luxembourg. Beneficial interests in the Temporary Global Note will be exchanged for beneficial interests in the Permanent Global Note. Exchanges of beneficial interests in the Temporary Global Note for a Permanent Global Note will be made only on or after the 40th day after the Notes have been issued (the "Exchange Date") and upon receipt of the written certification required under U.S. Treasury Regulations section 1.163 - 5(c)(2)(i)(D) (in substantially the form set out in the Temporary Global Note or in such other form as is customarily used in such circumstances by the relevant clearing system) as to non-U.S. beneficial ownership (a "Certificate of Non-U.S. Beneficial Ownership").

Exchange of Temporary Global Note. ‌ On each occasion on which a portion of a Temporary Global Note is exchanged for a portion of a Permanent Global Note or, as the case may be, for Definitive Notes, the Fiscal Agent shall: (a) CGN Temporary Global Note: in the case of a CGN Temporary Global Note, note or procure that there is noted on the schedule to the CGN Temporary Global Note the aggregate principal amount thereof so exchanged and the remaining principal amount of the CGN Temporary Global Note (which shall be the previous principal amount thereof less the aggregate principal amount so exchanged) and shall procure the signature of such notation on its behalf; and

Exchange of Temporary Global Note. (a) On or after the Exchange Date (as defined in the Temporary Global Note), the Fiscal Agent shall, on presentation to it, or to its order, of the Temporary Global Note procure the exchange of interests in the Temporary Global Note for interests of an equal principal amount in the related Permanent Global Note or, if contemplated by the Temporary Global Note, Definitive Bearer Notes, all in accordance with the procedures set forth in the Temporary Global Note. (b) At least 14 days before the Exchange Date for the exchange of the relevant Temporary Global Note, the Republic will deliver or procure the delivery of Definitive Bearer Notes in an aggregate principal amount equal to the principal amount of such Temporary Global Note to, or to the order of, the Fiscal Agent. Definitive Bearer Notes shall have attached all Receipts, Coupons and Talons (if any) in respect of installments or interest which has not already been paid against presentation of such Temporary Global Note. The Fiscal Agent (or its agent on its behalf) shall authenticate such Definitive Bearer Notes and shall make them available for exchange against such Temporary Global Note in accordance with such Temporary Global Note. On exchange in full of such Temporary Global Note, the Fiscal Agent shall cancel or procure the cancellation of such Temporary Global Note.