Common use of Beneficial Interests in Global Notes to Definitive Notes Clause in Contracts

Beneficial Interests in Global Notes to Definitive Notes. If any Holder of a beneficial interest in a 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)(i), the Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g), and the Issuers shall execute and the Trustee shall 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)(i) shall be registered in such name or names and in such authorized denomination or denominations as the Holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall deliver such Definitive Notes to the Persons in whose names such Notes are so registered.

Appears in 13 contracts

Samples: Supplemental Indenture (Cco Holdings LLC), Supplemental Indenture (Cco Holdings LLC), Supplemental Indenture (Cco Holdings LLC)

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Beneficial Interests in Global Notes to Definitive Notes. If any Holder holder of a beneficial interest in a an 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)(i)2.06(b)(ii) hereof, the Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g)2.06(h) hereof, and the Issuers Company shall execute and the Trustee shall authenticate and mail or 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)(i) shall be registered in such name or names and in such authorized denomination or denominations as the Holder holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall mail or deliver such Definitive Notes to the Persons in whose names such Notes are so registered.

Appears in 11 contracts

Samples: Indenture (Mci Inc), Indenture (Mci Inc), Indenture (Worldcom Inc)

Beneficial Interests in Global Notes to Definitive Notes. If any Holder holder of a beneficial interest in a 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)(i)2.06(b)(1) hereof, the Trustee shall will cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g)) hereof, and the Issuers shall Issuer will execute and the Trustee shall 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)(i2.06(c)(1) shall will be registered in such name or names and in such authorized denomination or denominations as the Holder holder of such beneficial interest shall instruct requests through instructions to the Registrar from or through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall will deliver such Definitive Notes to the Persons in whose names such Notes are so registered.

Appears in 3 contracts

Samples: Indenture (Compton Petroleum Holdings CORP), Indenture (Compton Petroleum Holdings CORP), Indenture (Compton Petroleum Holdings CORP)

Beneficial Interests in Global Notes to Definitive Notes. If any Holder holder of a beneficial interest in a 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)(i)2.06(b)(2) hereof, the Trustee shall will cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g)) hereof, and the Issuers shall Company will execute and the Trustee shall 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)(i2.06(c)(3) shall will be registered in such name or names and in such authorized denomination or denominations as the Holder holder of such beneficial interest shall instruct requests through instructions to the Registrar from or through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall will deliver such Definitive Notes to the Persons in whose names such Notes are so registered.registered.β€Œ

Appears in 3 contracts

Samples: Indenture, Indenture, Indenture

Beneficial Interests in Global Notes to Definitive Notes. If any Holder holder of a beneficial interest in a 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)(i)2.06(b)(2) hereof, the Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g)) hereof, and the Issuers shall execute and the Trustee shall 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)(i2.06(c)(1) shall be registered in such name or names and in such authorized denomination or denominations as the Holder holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall deliver such Definitive Notes to the Persons in whose names such Notes are so registered.

Appears in 2 contracts

Samples: Indenture (Circus & Eldorado Joint Venture), Indenture (Circus & Eldorado Joint Venture)

Beneficial Interests in Global Notes to Definitive Notes. If Subject to Section 2.06(a) hereof, if any Holder holder of a beneficial interest in an a 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)(i)2.06(c) hereof, the Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g)2.06(e) hereof, and the Issuers Company shall execute and the Trustee shall 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)(i2.06(b)(ii) shall be registered in such name or names and in such authorized denomination or denominations as the Holder holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall deliver such Definitive Notes to the Persons in whose names such Notes are so registered.

Appears in 1 contract

Samples: Indenture (Sterling Chemical Inc)

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Beneficial Interests in Global Notes to Definitive Notes. If any Holder holder of a beneficial interest in a 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)(i)3.06(b)(2) hereof, the Trustee shall will cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g)3.06(g) hereof, and the Issuers shall will execute and the Trustee shall 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)(i3.06(c)(1) shall will be registered in such name or names and in such authorized denomination or denominations as the Holder holder of such beneficial interest shall instruct requests through instructions to the Registrar from or through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall will deliver such Definitive Notes to the Persons in whose names such Notes are so registered.

Appears in 1 contract

Samples: First Supplemental Indenture (TransMontaigne Partners L.P.)

Beneficial Interests in Global Notes to Definitive Notes. If any Holder holder of a beneficial interest in a 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)(i)2.06(b)(iii) hereof, the Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g)2.06(d) hereof, and the Issuers Company shall execute and the Trustee shall 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)(i2.06(b)(i) shall be registered in such name or names and in such authorized denomination or denominations as the Holder holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall deliver such Definitive Notes to the Persons in whose names such Notes are so registered.

Appears in 1 contract

Samples: Indenture (Newcor Inc)

Beneficial Interests in Global Notes to Definitive Notes. If any Holder holder of a beneficial interest in a 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 the occurrence of any of the events in subsection (i), (ii) or (iii) of Section 2.06(a) and satisfaction of the conditions set forth in Section 2.06(b)(i2.06(b)(ii), the Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g), and the Issuers Company shall execute and the Trustee shall authenticate and deliver mail to the Person designated in the instructions a Definitive Note in the appropriate applicable principal amount. Any Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(i) shall be registered in such name or names and in such authorized denomination or denominations as the Holder holder of such beneficial interest shall instruct the Registrar through instructions from or through the Depositary and the Participant or Indirect Participant. The Trustee shall deliver mail such Definitive Notes to the Persons in whose names such Notes are so registered.

Appears in 1 contract

Samples: Indenture (Concordia International Corp.)

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