Common use of Changes Affecting the Global Notes Clause in Contracts

Changes Affecting the Global Notes. Upon any reclassification of the Global Notes, or upon any recapitalization, reorganization, merger or consolidation or sale of assets affecting the Issuer or to which the Issuer is a party, any securities that shall be received by the Book-Entry Depositary in exchange for or in respect of a Global Note shall be treated as a new Global Note under this Agreement and any corresponding Depositary Interests shall thenceforth represent such new securities so received; provided, however, that any security issued in exchange for or in respect of a Global Note under such circumstances shall not be deemed to be a new security if the Issuer delivers to the Book-Entry Depositary an Opinion of Counsel, to the effect that the recapitalization, reorganization, merger or consolidation or sale of assets, as appropriate, did not result in the creation of a security materially different from that represented by such Global Note.

Changes Affecting the Global Notes. Upon any reclassification of the Global Notes, or upon any recapitalization, reorganization, merger or consolidation or sale of assets affecting the Note Issuer or to which the Note Issuer is a party, any securities that shall be received by the Book-Entry Depositary in exchange for or in respect of a Global Note shall be treated as a new Global Note under this Agreement and any corresponding Depositary Interests shall thenceforth represent such new securities so received; provided, however, that any security issued in exchange for or in respect of a Global Note under such circumstances shall not be deemed to be a new security if the Note Issuer delivers to the Book-Entry Depositary an Opinion of Counsel, to the effect stating that the recapitalization, reorganization, merger or consolidation or sale of assets, as appropriate, did not result in the creation of a security materially different from that represented by such Global Note.