Common use of Regulation S Global Note Legend Clause in Contracts

Regulation S Global Note Legend. Each Regulation S Global Note shall bear a legend in substantially the following form (the “Regulation S Legend”), which legend shall be set forth immediately after the Private Placement Legend: THE IMMEDIATELY PRECEDING PARAGRAPH SHALL NOT APPLY FOLLOWING THE EXPIRATION OF FORTY DAYS FROM (1) THE DATE ON WHICH THIS GLOBAL NOTE WAS FIRST OFFERED AND (2) THE DATE OF ISSUANCE OF THIS GLOBAL NOTE (THE “RESTRICTED PERIOD”). UNTIL THE EXPIRATION OF THE RESTRICTED PERIOD, BENEFICIAL OWNERSHIP INTERESTS IN THIS NOTE (A) MAY NOT BE OFFERED, SOLD, PLEDGED OR TRANSFERRED IN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, ANY U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT) EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF THE IMMEDIATELY PRECEDING PARAGRAPH AND (B) MAY ONLY BE OFFERED, SOLD, PLEDGED OR TRANSFERRED THROUGH EUROCLEAR BANK S.A./N.A., AS OPERATOR OF THE EUROCLEAR SYSTEM, OR CLEARSTREAM BANKING SOCIÉTÉ ANONYME (AS INDIRECT PARTICIPANTS IN DTC).