Common use of ENTRY PROVISIONS FOR GLOBAL SECURITIES Clause in Contracts

ENTRY PROVISIONS FOR GLOBAL SECURITIES. The Global Securities initially shall (1) be registered in the name of the Depositary or the nominee of such Depositary, (2) be delivered to the Trustee as custodian for such Depositary and (3) bear the appropriate legends as set forth in Section 2.15. Members of, or participants in, the Depositary ("Agent Members") shall have no rights under this Indenture with respect to any Global Security held on their behalf by the Depositary, or the Trustee as its custodian, or under the Global Security, and the Depositary may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner of the Global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary or impair, as between the Depositary and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Security.

Appears in 2 contracts

Samples: Indenture (Interface Inc), Indenture (Interface Inc)

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ENTRY PROVISIONS FOR GLOBAL SECURITIES. The Global Securities initially shall (1i) be registered in the name of the Depositary Depository or the nominee of such DepositaryDepository, (2ii) be delivered to the Trustee as custodian for such Depositary Depository and (3iii) bear the appropriate legends as set forth in Section 2.15. Exhibit A. Members of, or participants in, the Depositary Depository ("Agent Members") shall have no rights under this Indenture with respect to any Global Security held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under the Global Security, and the Depositary Depository may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner of the Global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or impair, as between the Depositary Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder beneficial owner of any Security.

Appears in 1 contract

Samples: Indenture (Qwest Communications International Inc)

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ENTRY PROVISIONS FOR GLOBAL SECURITIES. The Global Securities initially shall (1i) be registered in the name of the Depositary or the nominee of such Depositary, (2ii) be delivered to the Trustee as custodian for such Depositary and (3iii) bear the appropriate legends as set forth in Section 2.15217. Members of, or participants in, the Depositary ("Agent MembersPARTICIPANTS") shall have no rights under this Indenture with respect to any Global Security held on their behalf by the Depositary, or the Trustee as its custodian, or under the Global Security, and the Depositary may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner of the Global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary or impair, as between the Depositary and its Agent MembersParticipants, the operation of customary practices governing the exercise of the rights of a Holder of any Security.

Appears in 1 contract

Samples: Indenture (Fairmont Hotels & Resorts Inc)

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