Common use of Non-Global Capital Security to Global Capital Security Clause in Contracts

Non-Global Capital Security to Global Capital Security. If the Holder of an Other Capital Security (other than the Global Capital Security) wishes at any time to transfer all or any portion of such Other Capital Security to a Person who wishes to take delivery thereof in the form of a beneficial interest in the Global Capital Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and subject to the Applicable Procedures. Upon receipt by the Securities Registrar of (A) such Other Capital Security as provided in Section 5.05(a) and instructions satisfactory to the Securities Registrar directing that a beneficial interest in the Global Capital Security in a specified liquidation amount not greater than the liquidation amount of such Other Capital Security be credited to a specified Clearing Agency Participant's account and (B) a Capital Securities Certificate duly executed by such Holder or such Holder's attorney duly authorized in writing, then the Securities Registrar shall cancel such Other Capital Security (and issue a new Other Capital Security in respect of any untransferred portion thereof) as provided in Section 5.01(a) and increase the aggregate liquidation amount of the Global Capital Security by the specified liquidation amount as provided in Section 5.04(c).

Non-Global Capital Security to Global Capital Security. If ------------------------------------------------------ the Holder of an Other Capital Security (other than the Global Capital Security) wishes at any time to transfer all or any portion of such Other other Capital Security to a Person who wishes to take delivery thereof in the form of a beneficial interest in the Global Capital Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and subject to the Applicable Procedures. Upon receipt by the Securities Registrar of (A) such Other Capital Security as provided in Section 5.05(a) and instructions satisfactory to the Securities Registrar directing that a beneficial interest in the Global Capital Security in a specified liquidation amount not greater than the liquidation amount of such Other Capital Security be credited to a specified Clearing Agency Participant's account and (B) a Capital Securities Certificate duly executed by such Holder or such Holder's attorney duly authorized in writing, then the Securities Registrar shall cancel such Other Capital Security (and issue a new Other Capital Security in respect of any untransferred portion thereof) as provided in Section 5.01(a) and increase the aggregate liquidation amount of the Global Capital Security by the specified liquidation amount as provided in Section 5.04(c).