Common use of Exchange of interests in a Global Security Clause in Contracts

Exchange of interests in a Global Security. Subject to Clause 3.13, if the ETP Securities of the relevant Tranche are represented by a Global Security, on or after the due date for exchange of such Global Security for Definitive Securities (if any), the Issuing and Paying Agent shall, on presentation to it or to its order of the Global Security, procure the exchange of interests in such Global Security for Definitive Securities in a number equal to the number of ETP Securities represented by such Global Security and the Issuing and Paying Agent shall cancel the Global Security and, if so requested by the bearer, return it to the bearer.