Notes lodged with Austraclear Sample Clauses

Notes lodged with Austraclear. If Notes are lodged into the Austraclear System, the Trustee shall enter Austraclear in the relevant Register as the holder of those Notes. While those Notes remain in the Austraclear System: (a) all payments and notices required of the Trustee and the Trust Manager in relation to those Notes will be directed to Austraclear; and (b) all dealings (including transfers) and payments in relation to those Notes within the Austraclear System will be governed by the Austraclear Regulations and need not comply with this clause 14 to the extent of any inconsistency.
Notes lodged with Austraclear. If Class B Notes are lodged into the Austraclear System, the Trustee shall enter Austraclear in the Register as the holder of those Class B Notes. While those Class B Notes remain in the Austraclear System: (a) all payments and notices required of the Trustee and the Manager in relation to those Class B Notes will be directed to Austraclear; and (b) all dealings (including transfers) and payments in relation to those Class B Notes within the Austraclear System will be governed by the Austraclear Regulations and need not comply with this clause 7 to the extent of any inconsistency.

Related to Notes lodged with Austraclear

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