Common use of Global Securities Clause in Contracts

Global Securities. The Senior Notes will be issued in the form of one or more Global Securities registered in the name of the Depositary or its nominee. Except under the limited circumstances described below, Senior Notes represented by Global Securities will not be exchangeable for, and will not otherwise be issuable as, Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such Global Securities will not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nominee. The rights of Holders of such Global Securities shall be exercised only through the Depositary.

Appears in 10 contracts

Samples: Senior Notes Indenture (Principal Financial Group Inc), Fifteenth Supplemental Indenture (Principal Financial Group Inc), Supplemental Indenture (Principal Financial Group Inc)

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Global Securities. The Senior Notes will initially be issued in the form of one or more Global Securities registered in the name of the Depositary (which initially shall be The Depository Trust Company) or its nominee. Except under the limited circumstances described below, Senior Notes represented by Global Securities will not be exchangeable for, and will not otherwise be issuable as, Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such Global Securities will not be considered the Holders holders thereof for any purpose under the Indenture, and no Global Security representing a Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nominee. The rights of Holders holders of such Global Securities shall be exercised only through the Depositary. A Global Security shall be exchangeable for Senior Notes registered in the names of Persons other than the Depositary or its nominee only as provided by Section 2.8(5) of the Original Indenture. Any Global Security that is exchangeable pursuant to the preceding sentence shall be exchangeable for Senior Notes registered in such names as the Depositary shall direct.

Appears in 6 contracts

Samples: Fifth Supplemental Indenture (Aflac Inc), Sixth Supplemental Indenture (Aflac Inc), Fourth Supplemental Indenture (Aflac Inc)

Global Securities. The Senior Notes will initially be issued in the form of one or more Global Securities registered in the name of the Depositary (which initially shall be The Depository Trust Company (“DTC”)) or its nominee. Except under the limited circumstances described below, Senior Notes represented by Global Securities will not be exchangeable for, and will not otherwise be issuable as, Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such Global Securities will not be considered the Holders holders thereof for any purpose under the Indenture, and no Global Security representing a Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nominee. The rights of Holders holders of such Global Securities shall be exercised only through the Depositary. A Global Security shall be exchangeable for Senior Notes registered in the names of Persons other than the Depositary or its nominee only as provided by Section 2.8(5) of the Original Indenture. Any Global Security that is exchangeable pursuant to the preceding sentence shall be exchangeable for Senior Notes registered in such names as the Depositary shall direct.

Appears in 6 contracts

Samples: Twelfth Supplemental Indenture (Aflac Inc), Thirteenth Supplemental Indenture (Aflac Inc), Tenth Supplemental Indenture (Aflac Inc)

Global Securities. The Senior Notes will be issued in the form of one or more Global Securities registered in the name of the Depositary or its nominee. Except under the limited circumstances described below, Senior Notes represented by Global Securities will not be exchangeable for, and will not otherwise be issuable as, Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such Global Securities will not be considered the Holders holders thereof for any purpose under the Indenture, and no Global Security representing a Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nominee. The rights of Holders holders of such Global Securities shall be exercised only through the Depositary.

Appears in 4 contracts

Samples: Third Supplemental Indenture (Principal Financial Group Inc), Fourth Supplemental Indenture (Principal Financial Group Inc), First Supplemental Indenture (Principal Financial Group Inc)

Global Securities. The Senior Notes will be initially issued in the form of one or more Global Securities registered in the name of the Depositary (which initially shall be The Depository Trust Company) or its nominee. Except under the limited circumstances described below, Senior Notes represented by such Global Securities will not be exchangeable for, and will not otherwise be issuable as, Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such Global Securities will not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nominee. The rights of Holders holders of beneficial interests in such Global Securities shall be exercised only through the Depositary.

Appears in 4 contracts

Samples: First Supplemental Indenture (Unit Corp), First Supplemental Indenture (Unit Corp), First Supplemental Indenture (Quicksilver Resources Inc)

Global Securities. The Senior Notes offered and sold will be issued in the form of one or more Global Securities Securities, registered in the name of the Depositary (which shall be The Depository Trust Company, or the “Depositary”) or its nominee. Except under the limited circumstances described below, Senior Notes represented by such Global Securities will not be exchangeable for, and will not otherwise be issuable as, Senior Notes in definitive formform registered in names other than the Depositary or its nominee. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such a Global Securities Security will not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nomineenominee or except as described below. The rights of Holders of such Global Securities Security shall be exercised only through the Depositary.

Appears in 4 contracts

Samples: Supplemental Indenture (Td Synnex Corp), Supplemental Indenture (Concentrix Corp), Third Supplemental Indenture (Concentrix Corp)

Global Securities. The Senior Notes will initially be issued in the form of one or more Global Securities registered in the name of the Depositary (which initially shall be The Depository Trust Company (“DTC”)) or its nominee. Except under the limited circumstances described below, Senior Notes represented by Global Securities will not be exchangeable for, and will not otherwise be issuable as, Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such Global Securities will not be considered the Holders holders thereof for any purpose under the Indenture, and no Global Security representing a Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nominee. The rights of Holders holders of such Global Securities shall be exercised only through the Depositary.

Appears in 3 contracts

Samples: Twenty Eighth Supplemental Indenture (Aflac Inc), Twenty Seventh Supplemental Indenture (Aflac Inc), Eighteenth Supplemental Indenture (Aflac Inc)

Global Securities. The Series A Senior Notes will be issued initially in the form of one or more Global Securities registered in the name of the Depositary (which shall be The Depository Trust Company) or its nominee. Except under the limited circumstances described below, Series A Senior Notes represented by such Global Securities will not be exchangeable for, and will not otherwise be issuable as, Series A Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such a Global Securities Security will not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a Series A Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nomineenominee or except as described below. The rights of Holders of such Global Securities Security shall be exercised only through the Depositary.

Appears in 2 contracts

Samples: Eighth Supplemental Indenture (Virginia Electric & Power Co), Twelfth Supplemental Indenture (Virginia Electric & Power Co)

Global Securities. The 2006 Senior Notes will be issued in the form of one or more Global Securities registered in the name of the Depositary or its nominee. Except under the limited circumstances described below, 2006 Senior Notes represented by Global Securities will not be exchangeable for, and will not otherwise be issuable as, 2006 Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such Global Securities will not be considered the Holders holders thereof for any purpose under the Indenture, and no Global Security representing a 2006 Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nominee. The rights of Holders holders of such Global Securities shall be exercised only through the Depositary.

Appears in 2 contracts

Samples: First Supplemental Indenture (Metlife Inc), First Supplemental Indenture (Metlife Inc)

Global Securities. The Senior Notes will initially be issued in the form of one or more Global Securities registered in the name of the Depositary (which initially shall be The Depository Trust Company) or its nominee. Except under the limited circumstances described below, Senior Notes represented by Global Securities will not be exchangeable for, and will not otherwise be issuable as, Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such Global Securities will not be considered the Holders holders thereof for any purpose under the Indenture, and no Global Security representing a Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nominee. The rights of Holders holders of such Global Securities shall be exercised only through the Depositary.

Appears in 2 contracts

Samples: First Supplemental Indenture (Horace Mann Educators Corp /De/), First Supplemental Indenture (Ohio Casualty Corp)

Global Securities. The Senior Insured Quarterly Notes will be issued in the form of one or more Global Securities registered in the name of the Depositary or its nominee. Except under the limited circumstances described below, Senior Insured Quarterly Notes represented by the Global Securities Security will not be exchangeable for, and will not otherwise be issuable as, Senior Insured Quarterly Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such a Global Securities Security will not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a Senior Note Insured Quarterly Notes shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nominee. The rights of Holders of such Global Securities Security shall be exercised only through the Depositary.

Appears in 2 contracts

Samples: Fourth Supplemental Indenture (Oneok Inc /New/), First Supplemental Indenture (Oneok Inc /New/)

Global Securities. The Series __ Senior Notes will be issued ----------------- initially in the form of one or more Global Securities registered in the name of the Depositary (which shall be The Depository Trust Company) or its nominee. Except under the limited circumstances described below, Series __ Senior Notes represented by such Global Securities will not be exchangeable for, and will not otherwise be issuable as, Series __ Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such a Global Securities Security will not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a Series __ Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nomineenominee or except as described below. The rights of Holders of such Global Securities Security shall be exercised only through the Depositary.

Appears in 2 contracts

Samples: First Supplemental Indenture (Consolidated Natural Gas Co/Va), Supplemental Indenture (Dominion Resources Capital Trust Iv)

Global Securities. The 2033 Senior Notes will be issued in the form of one or more Global Securities registered in the name of the Depositary or its nominee. Except under the limited circumstances described below, 2033 Senior Notes represented by Global Securities will not be exchangeable for, and will not otherwise be issuable as, 2033 Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such Global Securities will not be considered the Holders holders thereof for any purpose under the Indenture, and no Global Security representing a 2033 Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nominee. The rights of Holders holders of such Global Securities shall be exercised only through the Depositary.

Appears in 2 contracts

Samples: Fifth Supplemental Indenture (Metlife Inc), Fifth Supplemental Indenture (Metlife Inc)

Global Securities. The 2032 Senior Notes will be issued in the form of one or more Global Securities registered in the name of the Depositary or its nominee. Except under the limited circumstances described below, 2032 Senior Notes represented by Global Securities will not be exchangeable for, and will not otherwise be issuable as, 2032 Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such Global Securities will not be considered the Holders holders thereof for any purpose under the Indenture, and no Global Security representing a 2032 Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nominee. The rights of Holders holders of such Global Securities shall be exercised only through the Depositary. A Global Security shall be exchangeable for 2032 Senior Notes registered in the names of Persons other than the Depositary or its nominee only as provided by Section 2.11(c) of the Original Indenture. Any Global Security that is exchangeable pursuant to the preceding sentence shall be exchangeable for 2032 Senior Notes registered in such names as the Depositary shall direct.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Metlife Inc)

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Global Securities. The Senior Notes will be issued initially in the form of one or more permanent Global Securities registered in the name of the Depositary (which shall be The Depository Trust Company) or its nominee. Except under the limited circumstances described below, Senior Notes represented by such Global Securities will not be exchangeable for, and will not otherwise be issuable as, Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such a Global Securities Security will not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nomineenominee or except as described below. The rights of Holders of such Global Securities Security shall be exercised only through the Depositary.

Appears in 1 contract

Samples: Seventh Supplemental Indenture (Virginia Electric & Power Co)

Global Securities. The Senior Junior Subordinated Notes will shall be issued in the form of one or more Global Securities registered in the name of the Depositary or its nominee. Except under the limited circumstances described below, Senior Junior Subordinated Notes represented by Global Securities will shall not be exchangeable for, and will shall not otherwise be issuable as, Senior Junior Subordinated Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such Global Securities will shall not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a Senior Junior Subordinated Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nominee. The rights of Holders of such Global Securities shall be exercised only through the Depositary.

Appears in 1 contract

Samples: First Supplemental Indenture (Principal Financial Group Inc)

Global Securities. The Series A Senior Notes will be issued ----------------- initially in the form of one or more Global Securities registered in the name of the Depositary (which shall be The Depository Trust Company) or its nominee. Except under the limited circumstances described below, Series A Senior Notes represented by such Global Securities will not be exchangeable for, and will not otherwise be issuable as, Series A Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such a Global Securities Security will not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a Series A Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nomineenominee or except as described below. The rights of Holders of such Global Securities Security shall be exercised only through the Depositary.

Appears in 1 contract

Samples: Fifth Supplemental Indenture (Virginia Electric & Power Co)

Global Securities. The 7.000% Senior Notes will shall be issued initially in the form of one or more Global Securities registered in the name of the Depositary (which shall be The Depository Trust Company) or its nominee. Except under the limited circumstances described below, the 7.000% Senior Notes represented by such Global Securities will not be exchangeable for, and will not otherwise be issuable as, 7.000% Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such a Global Securities Security will not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a 7.000% Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nomineenominee or except as described below. The rights of Holders of such Global Securities Security shall be exercised only through the Depositary.

Appears in 1 contract

Samples: First Supplemental Indenture (Primus Guaranty LTD)

Global Securities. The Series C Senior Notes will be issued initially in the form of one or more Global Securities registered in the name of the Depositary (which shall be The Depository Trust Company) or its nominee. Except under the limited circumstances described below, Series C Senior Notes represented by such Global Securities will not be exchangeable for, and will not otherwise be issuable as, Series C Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such a Global Securities Security will not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a Series C Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nomineenominee or except as described below. The rights of Holders of such Global Securities Security shall be exercised only through the Depositary.

Appears in 1 contract

Samples: Tenth Supplemental Indenture (Virginia Electric & Power Co)

Global Securities. The Series B Senior Notes will be issued initially in the form of one or more Global Securities registered in the name of the Depositary (which shall be The Depository Trust Company) or its nominee. Except under the limited circumstances described below, Series B Senior Notes represented by such Global Securities will not be exchangeable for, and will not otherwise be issuable as, Series B Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such a Global Securities Security will not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a Series B Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nomineenominee or except as described below. The rights of Holders of such Global Securities Security shall be exercised only through the Depositary.

Appears in 1 contract

Samples: Ninth Supplemental Indenture (Virginia Electric & Power Co)

Global Securities. The Series __ Senior Notes will be issued initially in the form of one or more Global Securities registered in the name of the Depositary (which shall be The Depository Trust Company) or its nominee. Except under the limited circumstances described below, Series __ Senior Notes represented by such Global Securities will not be exchangeable for, and will not otherwise be issuable as, Series __ Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such a Global Securities Security will not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a Series __ Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nomineenominee or except as described below. The rights of Holders of such Global Securities Security shall be exercised only through the Depositary.

Appears in 1 contract

Samples: Supplemental Indenture (Virginia Electric & Power Co)

Global Securities. The Series ___ Senior Notes will be ----------------- issued initially in the form of one or more Global Securities Security registered in the name of the Depositary (which shall be The Depository Trust Company) or its nominee. Except under the limited circumstances described below, Series ___ Senior Notes represented by such Global Securities Security will not be exchangeable for, and will not otherwise be issuable as, Series ___ Senior Notes in definitive form. The Global Securities Security described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such a Global Securities Security will not be considered the Holders thereof for any purpose under the Indenture, and no Global Security representing a Series __ Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nomineenominee or except as described below. The rights of Holders of such Global Securities Security shall be exercised only through the Depositary.

Appears in 1 contract

Samples: First Supplemental Indenture (Dominion Resources Inc /Va/)

Global Securities. The Senior Notes will be issued in the form of one or more Global Securities registered in the name of the Depositary or its nominee. Except under the limited circumstances described below, Senior Notes represented by Global Securities will not be exchangeable for, and will not otherwise be issuable as, Senior Notes in definitive form. The Global Securities described above may not be transferred except as a whole by the Depositary to a nominee of the Depositary, Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary, or by the Depositary or any such nominee to a successor Depositary or its nominee. Owners of beneficial interests in such Global Securities will not be considered the Holders holders thereof for any purpose under the Indenture, and no Global Security representing a Senior Note shall be exchangeable, except for another Global Security of like denomination and tenor to be registered in the name of the Depositary or its nominee or to a successor Depositary or its nominee. The rights of Holders holders of such Global Securities shall be exercised only through the Depositary. A Global Security shall be exchangeable for Senior Notes registered in the names of Persons other than the Depositary or its nominee only as provided by Section 305 of the Original Indenture. Any Global Security that is exchangeable pursuant to the preceding sentence shall be exchangeable for Senior Notes registered in such names as the Depositary shall direct.

Appears in 1 contract

Samples: First Supplemental Indenture (Principal Financial Group Inc)

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