Common use of Regulation S Global Note to Restricted Global Note Clause in Contracts

Regulation S Global Note to Restricted Global Note. If the owner of a beneficial interest in a Regulation S Global Note wishes prior to the expiration of the Restricted Period to transfer such interest to a Person who wishes to acquire the same in the form of a beneficial interest in a Restricted Global Note, such transfer may be effected only in accordance with this Clause (a)(ii) and subject to the Applicable Procedures. Upon receipt by the Security Registrar of (A) an order given by the Depository or its authorized representative directing that a beneficial interest in a Restricted Global Note in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in a Regulation S Global Note in an equal principal amount be debited from another specified Agent Member's account and (B) a Restricted Notes Certificate (or such other form of certificate as may be acceptable to the Company), satisfactory to the Security Registrar and duly executed by the owner of such beneficial interest in such Regulation S Global Note or his attorney duly authorized in writing, then the Security Registrar, shall reduce the principal amount of such Regulation S Global Note and increase the principal amount of such Restricted Global Note by such specified principal amount as provided in Section 3.01(a).

Appears in 2 contracts

Samples: Fourth Supplemental Indenture (Lincoln National Corp), Fourth Supplemental Indenture (Jefferson Pilot Corp)

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Regulation S Global Note to Restricted Global Note. If the owner of a beneficial interest in a the Regulation S Global Note wishes prior to the expiration of the Restricted Period at any time to transfer such interest to a Person who wishes to acquire the same in the form of a beneficial interest in a the Restricted Global Note, such transfer may be effected only in accordance with this Clause (a)(iib)(ii) and subject to the Applicable Procedures. Upon receipt by the Trustee, as Security Registrar Registrar, of (A) an order given by the Depository Depositary or its authorized representative directing that a beneficial interest in a the Restricted Global Note in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in a the Regulation S Global Note in an equal principal amount be debited from another specified Agent Member's account and (B) if before the expiration of the Restricted Period, a Restricted Notes Certificate (or such other form of certificate as may be acceptable to the Company)Certificate, satisfactory to the Security Registrar Trustee and duly executed by the owner of such beneficial interest in such the Regulation S Global Note or his attorney duly authorized in writing, then the Trustee, as Security Registrar, shall reduce the principal amount of such the Regulation S Global Note and increase the principal amount of such the Restricted Global Note by such specified principal amount as provided in Section 3.01(a305(c).

Appears in 1 contract

Samples: Loews Cineplex Entertainment Corp

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Regulation S Global Note to Restricted Global Note. If the owner of a beneficial interest in a Regulation S Global Note wishes prior to the expiration of the Restricted Period to transfer such interest to a Person who wishes to acquire the same in the form of a beneficial interest in a Restricted Global Note, such transfer may be effected only in accordance with this Clause (a)(ii) and subject to the Applicable Procedures. Upon receipt by the Security Registrar of (A) an order given by the Depository or its authorized representative directing that a beneficial interest in a Restricted Global Note in a specified principal amount be credited to a specified specifed Agent Member's account and that a beneficial interest in a Regulation S Global Note in an equal principal amount be debited from another specified specifed Agent Member's account and (B) a Restricted Notes Certificate (or such other form of certificate as may be acceptable to the Company), satisfactory to the Security Registrar and duly executed by the owner of such beneficial interest in such Regulation S Global Note or his attorney duly authorized in writing, then the Security Registrar, shall reduce the principal amount of such Regulation S Global Note and increase the principal amount of such Restricted Global Note by such specified specifed principal amount as provided in Section 3.01(a).

Appears in 1 contract

Samples: Third Supplemental Indenture (Lincoln National Corp)

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