PROCEDURES FOR NOTES ISSUED IN CERTIFICATED FORM Clause Samples

PROCEDURES FOR NOTES ISSUED IN CERTIFICATED FORM. Denominations: The Notes will be issued in denominations of U.S. $1,000 and integral multiples of U.S. $1,000 in excess thereof.
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PROCEDURES FOR NOTES ISSUED IN CERTIFICATED FORM. Maturities: The Notes must have a maturity of more than nine months and not more than thirty years. Fixed Rate Notes will mature on any day selected by the initial purchaser and agreed to by Ford Credit. Floating Rate Notes will mature on an Interest Payment Date. The applicable Pricing Supplement will state whether the Notes are subject to redemption prior to their Maturity. Denominations: Unless otherwise indicated in the applicable Pricing Supplement, Notes, other than Foreign Currency Notes, will be issued in denominations of $25,000 or any amount in excess which is an even multiple of $1,000, subject to a minimum order of $100,000. Foreign Currency Notes will be issued in the denomination or denominations set forth in the applicable Pricing Supplement. Form: Notes will be issued only in fully registered form.
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PROCEDURES FOR NOTES ISSUED IN CERTIFICATED FORM. The Paying Agent will issue as registrar in connection with the Certificated Notes.
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PROCEDURES FOR NOTES ISSUED IN CERTIFICATED FORM. Issuance: Each Certificated Note will be dated and issued as of the date of its authentication by the Trustee (or, in the case of a sale to an Agent as principal, as of the Time of Delivery set forth in the relevant Terms Agreement). Each Certificated Note shall also bear an original issue date (the "Original Issue Date").
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PROCEDURES FOR NOTES ISSUED IN CERTIFICATED FORM. Denominations: The Notes will be issued in denominations of U.S. $1,000 and integral multiples of U.S. $1,000 in excess thereof. Interest: Each Note will bear interest in accordance with its terms. Interest will begin to accrue on the Original Issue Date of a Note for the first interest period and on the most recent interest payment date to which interest has been paid for all subsequent interest periods. Each payment of interest shall include interest accrued to, but excluding, the date of such payment. However, the first payment of interest on any Note issued between a Record Date and an Interest Payment Date will be made on the Interest Payment Date following the next succeeding Record Date. The Record Date for any payment of interest shall be the fifteenth calendar day (whether or not a business day), prior to the applicable Interest Payment Date. Interest at Maturity will be payable to the person to whom the principal is payable. Nothing herein should be deemed to require the Trustee to risk or expend its own funds in connection with any payment to the Company, or the Agents, or DTC, or any Noteholder, it being understood by all parties that payments made by the Trustee shall be made solely to the extent that funds are provided to the Trustee for such purpose. Payments of Upon presentment and delivery of the Principal and Note, the Trustee will pay the Interest: principal amount of each Note at Maturity and the final installment of interest in immediately available funds. All interest payments on a Note, other than interest due at Maturity, will be made by check drawn on the Trustee and mailed by the Trustee to the person entitled thereto as provided in the Note. However, holders of $10 million or more in aggregate principal amount of Notes (whether having identical or different terms and provisions) shall be entitled to receive payments of interest, other than at Maturity, by wire transfer of immediately available funds if appropriate wire transfer instructions have been received in writing by the Trustee not less than 16 days prior to the applicable Interest Payment Date. Any payment of principal or interest required to be made on an Interest Payment Date or at Maturity of a Note which is not a Business Day (as defined below) need not be made on such day, but may be made on the next succeeding Business Day with the same force and effect as if made on the Interest Payment Date or at Maturity, as the case may be, and no interest shall accrue for the p...
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PROCEDURES FOR NOTES ISSUED IN CERTIFICATED FORM. Payments of Principal and Interest The Paying Agent will pay to the holder the principal amount of each Certificated Note at Maturity upon presentation and surrender of such Certificated Note to the Paying Agent. Such payment, together with payment of interest and premium, if any, due at such Maturity, will be made in immediately available funds. All interest payments on a Certificated Note (other than interest due at Maturity) will be made by check drawn on the Paying Agent and mailed by the Paying Agent to the person entitled thereto as provided in the Security Register; provided, however, that holders of $1,000,000 (or the equivalent thereof in a specified currency other than U.S. dollars) or more in aggregate principal amount of Certificated Notes having the same Interest Payment Dates will be entitled to receive such interest payments by wire transfer in immediately available funds if appropriate wire transfer instructions have been received in writing by the Paying Agent not less than 15 calendar days prior to the applicable Interest Payment Date. The Paying Agent will provide monthly to the Company a list of the principal, premium, if any, and interest to be paid on Certificated Notes maturing in the next succeeding month. The Paying Agent will be responsible for withholding taxes on interest paid as required by applicable law, but shall be relieved from any such responsibility if it acts in good faith and in reliance upon an opinion of counsel. Certificated Notes presented to the Paying Agent for payment at Maturity will be canceled and destroyed by the Paying Agent, at the direction of the Trustee, and the Paying Agent shall furnish to the Company and the Trustee a certificate regarding such destruction.
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PROCEDURES FOR NOTES ISSUED IN CERTIFICATED FORM 
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Related to PROCEDURES FOR NOTES ISSUED IN CERTIFICATED FORM

  • Transfer and Exchange of Beneficial Interests in Global Notes for Definitive Notes A beneficial interest in a Global Note may not be exchanged for a Definitive Note except under the circumstances described in Section 2.1(b)(ii). A beneficial interest in a Global Note may not be transferred to a Person who takes delivery thereof in the form of a Definitive Note except under the circumstances described in Section 2.1(b)(ii). In any case, beneficial interests in Global Notes shall be transferred or exchanged only for Definitive Notes.

  • Unrestricted Definitive Securities to Beneficial Interests in Unrestricted Global Securities A Holder of an Unrestricted Definitive Security may exchange such Unrestricted Definitive Security for a beneficial interest in an Unrestricted Global Security or transfer such Unrestricted Definitive Security to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Security at any time. Upon receipt of a request for such an exchange or transfer, the Trustee shall cancel the applicable Unrestricted Definitive Security and increase or cause to be increased the aggregate principal amount of one of the Unrestricted Global Securities. If any such transfer or exchange is effected pursuant to this subparagraph (iii) at a time when an Unrestricted Global Security has not yet been issued, the Company shall issue and, upon receipt of an written order of the Company in the form of an Officers’ Certificate, the Trustee shall authenticate one or more Unrestricted Global Securities in an aggregate principal amount equal to the aggregate principal amount of Unrestricted Definitive Securities transferred or exchanged pursuant to this subparagraph (iii).

  • Transfer and Exchange of Definitive Notes for Beneficial Interests in Global Notes Transfers and exchanges of Definitive Notes for beneficial interests in the Global Notes also shall require compliance with either subparagraph (i), (ii) or (iii) below, as applicable:

  • Restricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes A Holder of a Restricted Definitive Note may exchange such Note for a beneficial interest in an Unrestricted Global Note or transfer such Restricted Definitive Note to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note only if the Registrar receives the following: (A) if the Holder of such Definitive Notes proposes to exchange such Notes for a beneficial interest in the Unrestricted Global Note, a certificate from such Holder in the form of Exhibit C hereto, including the certifications in item (1)(c) thereof; or (B) if the Holder of such Definitive Notes proposes to transfer such Notes to a Person who shall take delivery thereof in the form of a beneficial interest in the Unrestricted Global Note, a certificate from such Holder in the form of Exhibit B hereto, including the certifications in item (4) thereof; and, in each such case set forth in this subparagraph (2), if the Registrar so requests or if the Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. Upon satisfaction of the conditions of any of the subparagraphs in this Section 2.06(d)(2), the Trustee will cancel the Definitive Notes and increase or cause to be increased the aggregate principal amount of the Unrestricted Global Note.

  • Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes If any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive Note, then, upon satisfaction of the conditions set forth in Section 2.06(b)(2) hereof, the Trustee will cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(h) hereof, and the Company will execute and the Trustee will authenticate and deliver to the Person designated in the instructions a Definitive Note in the appropriate principal amount. Any Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(3) will be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest requests through instructions to the Registrar from or through the Depositary and the Participant or Indirect Participant. The Trustee will deliver such Definitive Notes to the Persons in whose names such Notes are so registered. Any Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(3) will not bear the Private Placement Legend.