Common use of Cancellation and/or Adjustment of Global Security Clause in Contracts

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security of any series have either been exchanged for Definitive Securities of such series, redeemed, repurchased or canceled, such Global Security shall be returned to or retained and canceled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security of any series is exchanged for Definitive Securities of such series, redeemed, repurchased or canceled, the Principal Amount of Securities of such series represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, to reflect such reduction.

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security of any series have either been exchanged for Definitive Securities of such seriesSecurities, redeemed, repurchased or canceledcancelled, such Global Security shall be returned to or retained and canceled cancelled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security of any series is exchanged for Definitive Securities of such series, redeemed, repurchased or canceledcancelled, the Principal Amount principal amount of Securities of such series represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, to reflect such reduction.

Cancellation and/or Adjustment of Global Security. At such time ------------------------------------------------- as all beneficial interests in a Global Security of any series have either been exchanged for Definitive Securities of such seriesSecurities, redeemed, repurchased or canceledcancelled, such Global Security shall be returned to or retained and canceled cancelled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security of any series is exchanged for Definitive Securities of such series, redeemed, repurchased or canceledcancelled, the Principal Amount principal amount of Securities of such series represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities CustodianCustodian for such series, at the direction of the Trustee, to reflect such reduction.