Physical Securities. Physically segregate bearer Securities from the proprietary assets of the Custodian, and require that the Subcustodians physically segregate bearer Securities from the Subcustodian’s and the Custodian’s proprietary assets;
Physical Securities. Except to the extent otherwise provided in Section 2.03(a) hereof, Physical Securities may be transferred or exchanged in accordance with Section 305 of the Base Indenture.
Physical Securities. If any Securities in a denomination greater than $1,000 shall be surrendered for partial exchange, the Company shall execute and the Trustee shall authenticate and deliver to the Holder of the Securities so surrendered, without charge, new Securities in authorized denominations in an aggregate principal amount equal to the unexchanged portion of the surrendered Securities and having a notation of the Guarantee of the Guarantor endorsed thereon.
Physical Securities. Securities offered and sold to Institutional Accredited Investors who are not also QIBs shall be issued substantially in the form of Exhibit A hereto, in certificated form and issued in the names of the purchasers thereof (or their nominees), duly executed by the Company and authenticated by the Trustee as hereinafter provided. Securities in certificated form shall be referred to herein as the "Physical Securities."
Physical Securities. Custodian shall take possession of each Eligible Security which is a Physical Security at a secure facility at one of its offices in New York City and, during the term of a particular Transaction, shall identify such Physical Securities on its books and records as belonging to Buyer.
Physical Securities. Physically segregate bearer Securities from the proprietary assets of the Custodian, and require that the Subcustodians Information Classification: Limited Access physically segregate bearer Securities from the Subcustodian’s and the Custodian’s proprietary assets;
Physical Securities. Securities offered and sold to Institutional Accredited Investors who are not also QIBs shall be issued initially substantially in the form of Exhibit A hereto, in certificated form and issued in the names of the purchasers thereof (or their nominees), duly executed by the Company and authenticated by the Trustee as hereinafter provided. Such Securities, together with any Securities subsequently issued, whether pursuant to the terms of Section 2.06 hereof or otherwise, that are not Global Securities, shall be referred to herein as the "Physical Securities."
Physical Securities. Securities issued substantially in the form of Exhibit A hereto, in certificated form and in the names of the purchasers thereof (or their nominees), duly executed by the Company and authenticated by the Trustee as hereinafter provided shall be referred to herein as the "Physical Securities." Except as provided in Section 2.6(a) owners of beneficial interests in the Global Securities will not be entitled to receive Physical Securities.
Physical Securities. All Securities will initially be issued in the form of Global Securities pursuant to Section 2.1(a). If Physical Securities are issued in accordance with Section 2.6(a), the Physical Securities which represent Notes and the Physical Securities which represent Debentures shall be issued initially substantially in the form of Exhibit A and Exhibit B hereto, respectively, in certificated form and issued in the names of the then beneficial holders thereof (or their nominees), duly executed by the Company and authenticated by the Trustee as hereinafter provided.
Physical Securities. Except as provided in this Section 2.1 or Section 2.3 or 2.4 of Appendix A, owners of beneficial interests in Global Securities will not be entitled to receive physical delivery of certificated Securities. Purchasers of Initial Securities who are IAI's and are not QIBs and did not purchase Initial Securities sold in reliance on Regulation S will receive Physical Securities; provided, however, that upon transfer of such Physical Securities to a QIB, such Physical Securities will, unless the Global Security has previously been exchanged, be exchanged for an interest in a Global Security pursuant to the provisions of Section 2.3 of Appendix A.
