Common use of General Provisions Relating to Transfer and Exchange Clause in Contracts

General Provisions Relating to Transfer and Exchange. A Holder may transfer a Security only by written application to the Registrar stating the name of the proposed transferee and otherwise complying with the terms of the Indenture. No such transfer shall be effected until, and such transferee shall succeed to the rights of a Holder only upon, final acceptance and registration of the transfer by the Registrar in the Securities Register. In addition to the matters described in the 7th paragraph of Section 3.5 of the Original Indenture, neither the Company nor the Registrar shall be required to exchange or register a transfer of any Securities surrendered for conversion or, if a portion of any Security is surrendered for conversion, the portion thereof surrendered for conversion.

Appears in 7 contracts

Samples: Fourth Supplemental Indenture (Globalstar, Inc.), Third Supplemental Indenture (Globalstar, Inc.), First Supplemental Indenture (Flotek Industries Inc/Cn/)

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