12.07.2015 Views

Prospectus-Final (clean) - Malta Financial Services Authority

Prospectus-Final (clean) - Malta Financial Services Authority

Prospectus-Final (clean) - Malta Financial Services Authority

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

(b)Note is to be exchanged for Definitive Notes insert: Definitive Notes in the SpecifiedDenomination(s) [with [Coupons] [and] [Talons] [,] [and Receipts]]] [if Temporary GlobalNote is to be exchanged for Definitive Notes and Collective Global Notes insert: in part,Definitive Notes in the Specified Denomination(s) [with [Coupons] [and] [Talons] [,] [andReceipts] and in the other part, one or more collective global Notes (each, a "Collective GlobalNote") [with global interest coupons (each, a "Global Interest Coupon")]; the right of Holdersto require delivery of Definitive Notes in exchange for Notes which are represented by aCollective Global Note shall be governed by § 9a(3), first sentence of the German SecuritiesCustody Act] [if Temporary Global Note is to be exchanged for one or more PermanentGlobal Notes insert: Notes in Specified Denomination[s] represented by [a] [specify if morethan one] permanent global Note[s] ([the] [each, a] "Permanent Global Note") [in the case ofNotes other than Zero Coupon Notes insert: without coupons]].The Temporary Global Note shall be exchangeable for [Definitive Notes] [in part DefinitiveNotes and in the other part Collective Global Notes] [Notes represented by the PermanentGlobal Note[s]] from a date (the "Exchange Date") [in the case of TEFRA D Notes: 40 daysafter the date of issue of the Temporary Global Note upon delivery by the relevant accountholder to the Clearing System, and by the Clearing System to the Fiscal Agent, of certificates inthe form available from the Fiscal Agent for such purpose, to the effect that the beneficial owneror owners of the Notes represented by the Temporary Global Note is not a U.S. person (otherthan certain financial institutions or certain persons holding through such financial institutions)as required by U.S. tax law. Payment of interest on Notes represented by a Temporary GlobalNote will be made only after delivery of such certifications. A separate certification received onor after the 40 th day after the date of issue of the Notes represented by the Temporary GlobalNote will be treated as a request to exchange such Temporary Global Note pursuant to thissubparagraph (b) of this § 1[4]. Any securities delivered in exchange for the Temporary GlobalNote shall be delivered only outside of the United States (as defined in subparagraph (3) of §5.][Any Permanent Global Note] [Any Definitive Notes] delivered in exchange for theTemporary Global Note shall be delivered only outside of the United States (as defined insubparagraph (3) of § 5)].in the case of Notes which are initially represented by a Permanent Global Note insert:[[(4)] Permanent Global Note. The Notes are represented by [a] [specify if more than one]permanent global Note[s] ([the] [each, a] "Permanent Global Note") [in the case of Notes otherthan Zero Coupon Notes insert: without Coupons]. The right to demand delivery of Definitive Notesshall be excluded.]in the case of Notes which will initially be represented by a Temporary Global Note:[[(5)] Fees Payable on Exchange of Global Notes. Any exchange of a Global Note pursuant to this § 1shall be made free of charge to the Holders of the Notes[, except that a person receiving DefinitiveNotes must bear the cost of insurance, postage, transportation and the like in the event that suchperson does not take delivery of such Definitive Notes in person at the offices of the Clearing System.][(6)] Execution of Notes. Global Notes shall be executed manually on behalf of the Issuer by twoauthorised representatives of the Issuer and shall be authenticated by or on behalf of the Fiscal Agent.[In the case of Definitive Notes insert: Definitive Notes[,] [and] [Coupons] [and] [Talons] [andReceipts] shall be executed in facsimile on behalf of the Issuer by two authorised representatives ofthe Issuer and the Definitive Notes shall be authenticated by or on behalf of the Fiscal Agent. EachNote [,] [and] [Coupon] [and] [Talon] [and Receipt] shall bear an embossed stamp.][(7)] Certain Definitions. For purposes of the Terms and Conditions:"Clearing System" means [each of] [Clearstream Banking AG, Frankfurt am Main ("CBF")] [,] [and][Clearstream Banking, société anonyme, Luxembourg ("CBL")] [,] [and] [Euroclear Bank SA/NV("Euroclear")], [(CBL and Euroclear each an "ICSD" and together the "ICSDs")] [,] [and] [specify anyother Clearing System] and any successor in such capacity.[if there will be a Calculation Agent insert: "Calculation Agent" means [the Fiscal Agent] [insertother Calculation Agent] and any successor to [the Fiscal Agent] [insert other Calculation Agent]in its capacity as Calculation Agent.]130

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!