Global Debt Security Sample Clauses
Global Debt Security. The term “
Global Debt Security. No transfer of a Debt Security to any Person shall be effective under this Indenture or the Debt Security unless and until the Debt Securities of such series have been registered in the name of such Person. Nothing in this Section 2.16 shall prohibit or render ineffective any transfer of a beneficial interest in a Global Debt Security effected in accordance with the other provisions of this Section 2.16(g).
Global Debt Security. 4 Guarantor.......................................................4 Indebtedness....................................................4
Global Debt Security. 11 SECTION 2.07.
Global Debt Security. (a) A Global Debt Security with respect to any series may be transferred, in whole but not in part, only to another nominee of the Depositary, or to a successor Depositary selected or approved by the Company or to a nominee of such successor Depositary.
(b) If at any time the Depositary notifies the Company that it is unwilling or unable to continue as Depositary or the Depositary has ceased to be a clearing agency registered under the Exchange Act, and a successor Depositary is not appointed by the Company within 90 days after the Company receives such notice or becomes aware of such condition, as the case may be, the Company will execute, and the Debt Trustee, upon receipt of a Company Order, will authenticate and make available for delivery the Definitive Debt Securities, in authorized denominations, and
Global Debt Security. 3 Holder . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Indebtedness . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Global Debt Security. If the Issuer requires that the Debt Securities of a particular Series are to be issued as a Global Debt Security, then the Issuer shall execute, and the Trustee shall certify and deliver, a Global Debt Security that (i) shall represent, and shall be denominated in an amount equal to the aggregate principal amount, (ii) if in registered form, shall be registered in the name of the related Depositary or its nominee, (iii) shall be delivered by the Trustee to the related Depositary or pursuant to the related Depositary's instruction, and (iv) shall bear a legend substantially to the following effect: "Except as otherwise provided in the Indenture, this Debt Security may be transferred, in whole but not in part, only to another nominee of the Depositary or to a successor Depositary or to a nominee of such successor Depositary." Any endorsement of a Global Debt Security to reflect the principal amount, or any increase or decrease in the principal amount, of the Debt Securities represented by such Global Debt Security shall be made by the Trustee, the related Registrar or the related Paying Agent, as the case may be, in such manner and upon instructions given by such Person as shall be specified in such Global Debt Security or in an Issuer Order.
Global Debt Security. (a) A Global Debt Security with respect to any series may be transferred, in whole but not in part, only to another nominee of the Depositary, or to a successor Depositary selected or approved by the Company or to a nominee of such successor Depositary.
(b) If at any time the Depositary notifies the Company that it is unwilling or unable to continue as Depositary or the Depositary has ceased to be a clearing agency registered under the Exchange Act, and a successor Depositary is not appointed by the Company within 90 days after the Company receives such notice or becomes aware of such condition, as the case may be, the Company will execute, and the Debt Trustee, upon receipt of a Company Order, will authenticate and make available for delivery the Definitive Debt Securities, in authorized denominations, and in an aggregate principal amount equal to the principal amount of the Global Debt Security, in exchange for such Global Debt Security. If there is an Event of Default, the Depositary shall have the right to exchange the Global Debt Securities for Definitive Debt Securities. In addition, the Company may at any time determine that the Debt Securities of any series shall no longer be represented by a Global Debt Security. In the event of such an Event of Default or such a determination, the Company shall execute, and subject to this Section 2.06, the Debt Trustee, upon receipt of an Officer's Certificate evidencing such determination by the Company and a Company Order, will authenticate and make available for delivery the Definitive Debt Securities of such series, in authorized denominations, and in an aggregate principal amount equal to the principal amount of the Global Debt Security in exchange for such Global Debt Security. Upon the exchange of the Global Debt Security for such Definitive Debt Securities, in authorized denominations, the Global Debt Security shall be cancelled by the Debt Trustee. Such Definitive Debt Securities issued in exchange for the Global Debt Security shall be registered in such names and in such authorized denominations as the Depositary, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Debt Trustee. The Debt Trustee shall deliver such Definitive Debt Securities to the Depositary for delivery to the Persons in whose names such Definitive Debt Securities are so registered.
Global Debt Security. 4 "Holder"............................................................ 4 "Indenture"......................................................... 4 "Interest Payment Date"............................................. 4 "Maturity".......................................................... 4 "Officers' Certificate"............................................. 5 "Opinion of Counsel"................................................ 5 "Original Issue Discount Debt Security"............................. 5 "Outstanding"....................................................... 5 "Paying Agent"...................................................... 6 "Person"............................................................ 6 "Place of Payment".................................................. 6 "Predecessor Debt Security"......................................... 6 "Redemption Date"................................................... 6 "Redemption Price".................................................. 7 "Registered Debt Security".......................................... 7 "Regular Record Date"............................................... 7
Global Debt Security. Any Global Debt Security may be deposited with the Depositary or its nominee, or may remain in the custody of the Trustee or the Security Custodian therefor pursuant to a FAST Balance Certificate Agreement or similar agreement between the Trustee and the Depositary. If an Issuer Order has been, or simultaneously is, delivered, any instructions by the Issuer with respect to endorsement or delivery or redelivery of a Debt Security in global form shall be in writing but need not comply with Section 11.05 and need not be accompanied by an Opinion of Counsel. Members of, or participants in, the Depositary (“Agent Members”) shall have no rights under this Indenture with respect to any Global Debt Security held on their behalf by the Depositary, or the Trustee or the Security Custodian as its custodian, or under such Global Debt Security, and the Depositary may be treated by the Issuer, any Subsidiary Guarantor, the Trustee or the Security Custodian and any agent of the Issuer, any Subsidiary Guarantor, the Trustee or the Security Custodian as the absolute owner of such Global Debt Security for all purposes whatsoever. Notwithstanding the foregoing, (i) the registered holder of a Global Debt Security of a series may grant proxies and otherwise authorize any Person, including Agent Members and Persons that may hold interests through Agent Members, to take any action that a Holder of Debt Securities of such series is entitled to take under this Indenture or the Debt Securities of such series and (ii) nothing herein shall prevent the Issuer, any Subsidiary Guarantor, the Trustee or the Security Custodian, or any agent of the Issuer, any Subsidiary Guarantor, the Trustee or the Security Custodian, from giving effect to any written certification, proxy or other authorization furnished by the Depositary or shall impair, as between the Depositary and its Agent Members, the operation of customary practices governing the exercise of the rights of a beneficial owner of any Debt Security. Notwithstanding Section 2.08, and except as otherwise provided pursuant to Section 2.01: Transfers of a Global Debt Security shall be limited to transfers of such Global Debt Security in whole, but not in part, to the Depositary, its successors or their respective nominees. Interests of beneficial owners in a Global Debt Security may be transferred in accordance with the rules and procedures of the Depositary. Debt Securities shall be transferred to all beneficial owners in exchange for th...
