Tabreed 06 Prospectus - London Stock Exchange
Tabreed 06 Prospectus - London Stock Exchange
Tabreed 06 Prospectus - London Stock Exchange
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THE GLOBAL CERTIFICATE<br />
The following is a summary of the provisions to be contained in the Global Certificate which will apply<br />
to, and in some cases modify, the Terms and Conditions of the Certificates while the Certificates are<br />
represented by the Global Certificate. Terms defined in the Conditions have the same meaning in the<br />
paragraphs below.<br />
Holders<br />
For so long as all of the Certificates are represented by the Global Certificate and such Global<br />
Certificate is held on behalf of Euroclear and Clearstream, Luxembourg, each person (other than<br />
another clearing system) who is for the time being shown in the records of Euroclear or Clearstream,<br />
Luxembourg (as the case may be) as the holder of a particular aggregate face amount of such<br />
Certificates (each, a ‘‘Holder’’) (in which regard any certificate or other document issued by Euroclear<br />
or Clearstream, Luxembourg (as the case may be) as to the aggregate face amount of such<br />
Certificates standing to the account of any person shall be conclusive and binding for all purposes)<br />
shall be treated as the holder of such aggregate face amount of such Certificates (and the expression<br />
‘‘Certificateholders’’ and references to ‘‘holding of Certificates’’ and to ‘‘holder of Certificates’’ shall be<br />
construed accordingly) for all purposes other than with respect to payments on such Certificates, the<br />
right to which shall be vested, as against the Issuer and the Trustee solely in the Common Depositary<br />
in accordance with and subject to the terms of the Global Certificate. Each Holder must look solely<br />
to Euroclear or Clearstream, Luxembourg, as the case may be, for its share of each payment made to<br />
the Common Depositary.<br />
Cancellation<br />
Cancellation of any Certificate following its redemption by the Issuer will be effected by the reduction<br />
in the aggregate face amount of the Certificates in the Register of Certificateholders and by the<br />
annotation of the appropriate schedule to the Global Certificate.<br />
Payments<br />
Payments of the Dissolution Distribution Amount and any Periodic Distribution Amount in respect<br />
of Certificates represented by the Global Certificate will be made upon presentation or, if no further<br />
payment falls to be made in respect of the Certificate, against presentation and surrender of the<br />
Global Certificate to or to the order of the Principal Paying Agent or such other Agents as shall have<br />
been notified to the holder of the Global Certificate for such purpose.<br />
Distributions of amounts with respect to book-entry interests in the Certificates held through<br />
Euroclear or Clearstream, Luxembourg will be credited, to the extent received by the Principal Paying<br />
Agent, to the cash accounts of Euroclear or Clearstream, Luxembourg participants in accordance with<br />
the relevant system’s rules and procedures.<br />
A record of each payment made will be endorsed on the appropriate schedule to the Global<br />
Certificate by or on behalf of the Registrar and shall be prima facie evidence that payment has been<br />
made.<br />
Notices<br />
So long as all the Certificates are represented by the Global Certificate and such Global Certificate is<br />
held on behalf of a clearing system, notices to Certificateholders may be given by delivery of the<br />
relevant notice to the clearing system for communication by it to entitled Holders in substitution for<br />
notification as required by the Conditions except that, so long as the Certificates are listed on any<br />
stock exchange, notices shall also be published in accordance with the rules of such exchange. Any<br />
such notice shall be deemed to have been given to the Certificateholders on the third day after the<br />
day on which such notice is delivered to the relevant clearing systems.<br />
Registration of Title<br />
Registration of title to Certificates in a name other than that of the Common Depositary will not be<br />
permitted, except as provided under ‘‘Definitive Certificates’’ below unless Euroclear or Clearstream,<br />
Luxembourg, as appropriate, notifies the Issuer that it is unwilling or unable to continue as a clearing<br />
system in connection with the Global Certificate, and in each case a successor clearing system<br />
approved by the Trustee is not appointed by the Issuer within 90 days after receiving such notice<br />
from Euroclear or Clearstream, Luxembourg. In these circumstances title to a Certificate may be<br />
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