Issue of Note Acknowledgement. When a person has been entered in the relevant Register as the holder of Notes, as soon as practicable (and in any event no later than 5 Business Days or such shorter period specified in the relevant Series Notice or as otherwise agreed by the Trustee with the person or the Trust Manager) thereafter, the Trustee shall issue a Note Acknowledgement to that person in respect of those Notes. If the person has been entered into the relevant Register under a Note Transfer and the transferor continues to retain a holding of Notes, the Trustee shall within the same period stated above issue to the transferor a Note Acknowledgement in respect of that retained holding of Notes. No certificates will be issued in respect of Notes.
Appears in 3 contracts
Sources: Master Trust Deed (Westpac Securitisation Management Pty LTD), Master Trust Deed (Westpac Securitisation Management Pty LTD), Master Trust Deed (Westpac Securitisation Management Pty LTD)
Issue of Note Acknowledgement. When a person has been entered in the relevant Register as the holder of A$ Notes, as soon as practicable (and in any event no later than 5 Business Days or such shorter period specified in the relevant Series Supplementary Terms Notice or as otherwise agreed by the Trustee with the person or the Trust Manager) thereafter, the Trustee shall issue a Note Acknowledgement to that person in respect of those A$ Notes. If the person has been entered into the relevant Register under a Note Transfer and the transferor continues to retain a holding of A$ Notes, the Trustee shall shall, within the same period stated above above, issue to the transferor a Note Acknowledgement in respect of that retained holding of A$ Notes. No certificates will be issued in respect of A$ Notes.
Appears in 1 contract
Sources: Supplementary Terms Notice (Crusade Management LTD)