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

Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. Subject to Section 2.6(a) hereof, if any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for an Unrestricted Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of an Unrestricted Definitive Note, then, upon satisfaction of the applicable conditions set forth in Section 2.6(b)(ii) hereof, the Trustee shall cause the aggregate principal amount of the applicable Unrestricted Global Note to be reduced accordingly pursuant to Section 2.6(h) hereof, and the Issuers shall execute, and, upon receipt of an Authentication Order in accordance with Section 2.2 hereof or in accordance with a previously delivered Authentication Order, the Trustee shall authenticate and (at the expense of the Issuers) deliver to the Person designated in the instructions an Unrestricted Definitive Note in the appropriate principal amount. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.6(c)(iii) 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 (at the expense of the Issuers) deliver such Unrestricted Definitive Notes to the Persons in whose names such Notes are so registered. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.6(c)(iii) shall not bear the Private Placement Legend.

Appears in 1 contract

Samples: Indenture (Mobile Storage Group Inc)

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Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. Subject to Section 2.6(a) hereof, if If any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for an Unrestricted a Definitive Note of the same Series of Notes or to transfer such beneficial interest to a Person who takes delivery thereof in the form of an Unrestricted a Definitive NoteNote of the same Series of Notes, then, upon the occurrence of any of the events in subsection (i) or (ii) of Section 2.06(a) or the events in paragraph (b)(i) or (b)(ii) of Section 2.06(b), as applicable, and satisfaction of the applicable conditions set forth in Section 2.6(b)(ii) hereof2.06(c)(ii), the Trustee shall cause the aggregate principal amount of the applicable Unrestricted Global Note to be reduced accordingly pursuant to Section 2.6(h) hereof2.06(i), and the Issuers Issuer shall execute, andexecute and the Trustee shall, upon receipt of an Authentication Order in accordance with Section 2.2 hereof or in accordance with a previously delivered Authentication Order, the Trustee shall authenticate and (at the expense of the Issuers) deliver mail to the Person designated in the instructions an Unrestricted a Definitive Note of the same Series of Notes in the appropriate applicable principal amount. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.6(c)(iii2.06(d)(iv) 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 or through, in the Depositary case of Dollar Unrestricted Definitive Notes, the Dollar Note Depositary, and, in the case of Euro Unrestricted Definitive Notes, the Euro Note Depositary, and the Participant or Indirect Participant. The Trustee shall (at the expense of the Issuers) deliver mail such Unrestricted Definitive Notes to the Persons in whose names such Notes are so registered. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.6(c)(iii2.06(d)(iv) shall not bear the Private Placement Legend.. Table of Contents

Appears in 1 contract

Samples: Supplemental Indenture (Avantor, Inc.)

Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. Subject to Section 2.6(a) hereof, if If any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for an Unrestricted a Definitive Note of the same Series of Notes or to transfer such beneficial interest to a Person who takes delivery thereof in the form of an Unrestricted a Definitive NoteNote of the same Series of Notes, then, upon the occurrence of any of the events described in clause (i), (ii), (iii) or (iv) of Section 2.06(a) hereof or the events described in clause (i), (ii), (iii) or (iv) of Section 2.06(b) hereof, as applicable, and satisfaction of the applicable conditions set forth in Section 2.6(b)(ii2.06(c)(v) hereof, the Trustee shall cause the aggregate principal amount of the applicable Unrestricted Global Note to be reduced accordingly pursuant to Section 2.6(h2.06(i) hereof, and the Issuers shall execute, execute and, upon receipt of an Authentication Order in accordance with Section 2.2 hereof or in accordance with a previously delivered Authentication Order, the Trustee shall authenticate and (at the expense of the Issuers) deliver send to the Person designated in the instructions an Unrestricted a Definitive Note of the same Series of Notes in the appropriate applicable principal amount. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.6(c)(iii2.06(d)(iv) 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 applicable Registrar through instructions from or through, in the Depositary case of Dollar Unrestricted Definitive Notes, the Dollar Note Depositary, and, in the case of Euro Unrestricted Definitive Notes, the Euro Note Depositary, and the Participant or Indirect Participant. The Trustee shall (at the expense of the Issuers) deliver send such Unrestricted Definitive Notes to the Persons in whose names such Notes are so registered. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.6(c)(iii2.06(d)(iv) shall not bear the Private Placement Legend.

Appears in 1 contract

Samples: Indenture (Clarios International Inc.)

Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. Subject to Section 2.6(a) hereof, if If any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for an Unrestricted Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of an a Unrestricted Definitive Note, then, then after the occurrence of any of the events in subsection (i) or (ii) of Section 2.06(a) and upon the satisfaction of the applicable conditions set forth in Section 2.6(b)(ii2.06(b)(ii) hereof, the Trustee shall cause the aggregate principal amount of the applicable Unrestricted Global Note to be reduced accordingly pursuant to Section 2.6(h2.06(h) hereof, and the Issuers Company shall execute, and, upon receipt of an Authentication Order in accordance with Section 2.2 hereof or in accordance with a previously delivered Authentication Order, execute and the Trustee shall authenticate and (at the expense of the Issuers) deliver to the Person designated in the instructions an Unrestricted Definitive Note (accompanied by a notation of the Note Guarantees duly endorsed by the Guarantors) in the appropriate principal amount. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.6(c)(iii2.06(c)(iv) 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 (at the expense of the Issuers) deliver such Unrestricted Definitive Notes to the Persons in whose names such Notes are so registered. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.6(c)(iii2.06(c)(iv) shall not bear the Private Placement Legend. A beneficial interest in an Unrestricted Global Note cannot be exchanged for a Definitive Note bearing the Private Placement Legend or transferred to a Person who takes delivery thereof in the form of a Definitive Note bearing the Private Placement Legend.

Appears in 1 contract

Samples: Indenture (ReFinance America, LTD)

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Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. Subject to Section 2.6(a) hereof, if If any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for an Unrestricted a Definitive Note of the same series of Notes or to transfer such beneficial interest to a Person who takes delivery thereof in the form of an Unrestricted a Definitive NoteNote of the same series of Notes, then, upon the occurrence of any of the events in subsection (i) or (ii) of Section 2.06(a) or the events in paragraph (b)(i) or (b)(ii) of Section 2.06(b), as applicable, and satisfaction of the applicable conditions set forth in Section 2.6(b)(ii) hereof2.06(c)(ii), the Trustee shall cause the aggregate principal amount of the applicable Unrestricted Global Note to be reduced accordingly pursuant to Section 2.6(h) hereof2.06(i), and the Issuers Issuer shall execute, andexecute and the Trustee shall, upon receipt of an Authentication Order in accordance with Section 2.2 hereof or in accordance with a previously delivered Authentication Order, the Trustee shall authenticate and (at the expense of the Issuers) deliver mail to the Person designated in the instructions an Unrestricted a Definitive Note of the same series of Notes in the appropriate applicable principal amount. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.6(c)(iii2.06(d)(iv) 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 or through, in the Depositary case of Dollar Unrestricted Definitive Notes, the Dollar Note Depositary, and, in the case of Euro Unrestricted Definitive Notes, the Euro Note Depositary, and the Participant or Indirect Participant. The Trustee shall (at the expense of the Issuers) deliver mail such Unrestricted Definitive Notes to the Persons in whose names such Notes are so registered. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.6(c)(iii2.06(d)(iv) shall not bear the Private Placement Legend.

Appears in 1 contract

Samples: Indenture (Avantor, Inc.)

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