Common use of Exchange for Global Notes Clause in Contracts

Exchange for Global Notes. The Company, upon request from the Investor to exchange the First Lien Notes into global notes in accordance with the terms and procedures of the Amended First Lien Indenture and, subject to the Investor’s compliance with Section 5.2 below, shall use commercially best efforts to assist the Investor and the Trustee to make any global notes representing the First Lien Notes held by the Investor eligible for clearance and settlement with the Depository Trust Company (“DTC”) or its designated custodian.

Appears in 2 contracts

Samples: Convertible Notes Purchase Agreement (Zhonghuan Singapore Investment & Development Pte. Ltd.), Convertible Notes Purchase Agreement (Maxeon Solar Technologies, Ltd.)

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Exchange for Global Notes. The Company, upon request from the Investor to exchange the New First Lien Notes into global notes in accordance with the terms and procedures of the Amended New First Lien Notes Indenture and, subject to the Investor’s compliance with Section 5.2 below, shall use commercially best efforts to assist the Investor and the Trustee to make any global notes representing the New First Lien Notes held by the Investor eligible for clearance and settlement with the Depository Trust Company (“DTC”) or its designated custodian.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Maxeon Solar Technologies, Ltd.), Securities Purchase Agreement (Zhonghuan Singapore Investment & Development Pte. Ltd.)

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