Common use of No Sale or Transfer Clause in Contracts

No Sale or Transfer. This Series B2 Debenture may not be sold, transferred, assigned, hypothecated or divided into two or more Debentures of smaller denominations, except in accordance with the Securityholder Agreement. Subject to the foregoing, transfers of this Debenture shall be registered upon registration books maintained for such purpose by or on behalf of Company. Prior to presentation of this Series B2 Debenture for registration of transfer, Company shall treat the registered holder hereof as the owner and holder of this Series B2 Debenture for the purpose of receiving all payments of principal and Interest hereon and for all other purposes whatsoever, whether or not this Series B2 Debenture shall be overdue and Company shall not be affected by notice to the contrary.

No Sale or Transfer. This Series B2 B1 Debenture may not be sold, transferred, assigned, hypothecated or divided into two or more Debentures of smaller denominations, except in accordance with the Securityholder Agreement. Subject to the foregoing, transfers of this Debenture shall be registered upon registration books maintained for such purpose by or on behalf of Company. Prior to presentation of this Series B2 B1 Debenture for registration of transfer, Company shall treat the registered holder hereof as the owner and holder of this Series B2 B1 Debenture for the purpose of receiving all payments of principal and Interest hereon and for all other purposes whatsoever, whether or not this Series B2 B1 Debenture shall be overdue and Company shall not be affected by notice to the contrary.