Common use of Limitation on Transfers of a Global Security Clause in Contracts

Limitation on Transfers of a Global Security. A Global Security may not be transferred, in whole or in part, to any Person other than the Depositary or a nominee thereof, and no such transfer to any such other Person may be registered; provided that this clause (1) shall not prohibit any transfer of a Security that is issued in exchange for a Global Security but is not itself a Global Security. No transfer of a Security to any Person shall be effective under this Indenture or the Securities unless and until such Security has been registered in the name of such Person. Nothing in this Section 2.5(b)(1) shall prohibit or render ineffective any transfer of a beneficial interest in a Global Security effected in accordance with the other provisions of this Section 2.5(b).

Appears in 1 contract

Samples: Indenture (Comverse Technology Inc/Ny/)

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Limitation on Transfers of a Global Security. A Global -------------------------------------------- Security may not be transferred, in whole or in part, to any Person other than the Depositary U.S. Depository or a nominee thereof, and no such transfer to any such other Person may be registered; provided that this clause -------- clause (1) shall not prohibit any transfer of a Security that is issued in exchange for a Global Security but is not itself a Global Security. No transfer of a Security to any Person shall be effective under this Indenture or the Securities unless and until such Security has been registered in the name of such Person. Nothing in this Section 2.5(b)(13.5(b)(1) shall prohibit or render ineffective any transfer of a beneficial interest in a Global Security effected in accordance with the other provisions of this Section 2.5(b3.5(b).

Appears in 1 contract

Samples: Indenture (Levi Strauss & Co)

Limitation on Transfers of a Global Security. A Global Security may not be transferred, in whole or in part, to any Person other than the Depositary or a nominee thereof, and no such transfer to any such other Person may be registered; provided that this clause (1) shall not prohibit any transfer of a Security Note that is issued in exchange for a Global Security but is not itself a Global Security. No transfer of a Security Note to any Person shall be effective under this Indenture or the Securities Notes unless and until such Security Note has been registered in the name of such Person. Nothing in this Section 2.5(b)(1) shall prohibit or render ineffective any transfer of a beneficial interest in a Global Security effected in accordance with the other provisions of this Section 2.5(b).

Appears in 1 contract

Samples: Indenture (S3 Inc)

Limitation on Transfers of a Global Security. A Global Security may not be transferred, in whole or in part, to any Person other than the Depositary U.S. Depository or a nominee thereof, and no such transfer to any such other Person may be registered; provided that this clause (1i) shall not prohibit any transfer of a Security that is issued in exchange for a Global Security but is not itself a Global Security. No transfer of a Security to any Person shall be effective under this Indenture or the Securities unless and until such Security has been registered in the name of such Person. Nothing in this Section 2.5(b)(13.05(b)(i) shall prohibit or render ineffective any transfer of a beneficial interest in a Global Security effected in accordance with the other provisions of this Section 2.5(b3.05(b).

Appears in 1 contract

Samples: Convertible Subordinated Notes Agreement (America Online Inc)

Limitation on Transfers of a Global Security. A Except as provided in Section 3.4(a), a Global Security may not be transferred, in whole or in part, to any Person other than the Depositary or a nominee thereof, and no such transfer to any such other Person may be registered; provided PROVIDED that this clause (1) shall not prohibit any transfer of a Security that is issued in exchange for a Global Security but is not itself a Global Security. No transfer of a Security to any Person shall be effective under this Indenture or the Securities unless and until such Security has been registered in the name of such Person. Nothing in this Section 2.5(b)(13.4(b)(1) shall prohibit or render ineffective any transfer of a beneficial interest in a Global Security effected in accordance with the other provisions of this Section 2.5(b3.4(b).

Appears in 1 contract

Samples: Indenture (FBL Financial Group Inc)

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Limitation on Transfers of a Global Security. A Global Security --------------------------------------------- may not be transferred, in whole or in part, to any Person other than the Depositary or a nominee thereof, and no such transfer to any such other Person may be registered; provided that this clause (1) shall not prohibit -------- any transfer of a Security that is issued in exchange for a Global Security but is not itself a Global Security. No transfer of a Security to any Person shall be effective under this Indenture or the Securities unless and until such Security has been registered in the name of such Person. Nothing in this Section 2.5(b)(13.5(b)(1) shall prohibit or render ineffective any transfer of a beneficial interest in a Global Security effected in accordance with the other provisions of this Section 2.5(b3.5(b).

Appears in 1 contract

Samples: Indenture (Homebase Inc)

Limitation on Transfers of a Global Security. A Global Security -------------------------------------------- may not be transferred, in whole or in part, to any Person other than the Depositary or a nominee thereof, and no such transfer to any such other Person may be registered; provided that this clause (1) shall not prohibit any transfer of a Security that is issued in exchange for a Global Security but is not itself a Global Security. No transfer of a Security to any Person shall be effective under this Indenture or the Securities unless and until such Security has been registered in the name of such Person. Nothing in this Section 2.5(b)(1) shall prohibit or render ineffective any transfer of a beneficial interest in a Global Security effected in accordance with the other provisions of this Section 2.5(b).

Appears in 1 contract

Samples: Indenture (Comverse Technology Inc/Ny/)

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