Common use of Regulation S Global Certificate to be Held Clause in Contracts

Regulation S Global Certificate to be Held. Through Euroclear or Cedel during Restricted Period. The Depositor shall use its best efforts to cause the Clearing Agency to ensure that, until the expiration of the Restricted Period, beneficial interests in the Regulation S Global Certificate may be held only in or through accounts maintained at the Clearing Agency by Euroclear or Cedel (or by participants acting for the account thereof), and no person shall be entitled to effect any transfer or exchange that would result in any such interest being held otherwise than in or through such an account; provided that this Clause (b)(vii) shall not prohibit any transfer or exchange of such an interest in accordance with Clause (b)(ii) or (vi) above.

Appears in 2 contracts

Samples: Trust Agreement (Host Marriott Corp/Md), Trust Agreement (Host Marriott Corp/)

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Regulation S Global Certificate to be Held. Through Euroclear or Cedel during Restricted Period. The Depositor shall use its reasonable best efforts to cause the Clearing Agency to ensure that, until the expiration of the Restricted Period, beneficial interests in the Regulation S Global Certificate may be held only in or through accounts maintained at the Clearing Agency by Euroclear or Cedel (or by participants acting for the account thereof), and no person shall be entitled to effect any transfer or exchange that would result in any such interest being held otherwise than in or through such an account; provided that this Clause (b)(viib)(iv) shall not prohibit any transfer or exchange of such an interest in accordance with Clause (b)(ii) or (vi) above.

Appears in 1 contract

Samples: Trust Agreement (Big Flower Holdings Inc)

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Regulation S Global Certificate to be Held. Through Euroclear or Cedel during Restricted Period. The Depositor shall use its best efforts to cause the Clearing Agency to ensure that, until the expiration of the Restricted Period, beneficial interests in the Regulation S Global Certificate may be held only in or through accounts maintained at the Clearing Agency by Euroclear or Cedel (or by participants acting for the account thereof), and no person Person shall be entitled to effect any transfer or exchange that would result in any such interest being held otherwise than in or through such an account; provided that this Clause (b)(viib)(vi) shall not prohibit any transfer or exchange of such an interest in accordance with Clause (b)(ii) or (viiv) above.

Appears in 1 contract

Samples: Trust Agreement (Pioneer Standard Electronics Inc)

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