Common use of Regulation S Global Securities Clause in Contracts

Regulation S Global Securities. Following the termination of the Distribution Compliance Period and upon the receipt by the Company and the Security Registrar of an Officers’ Certificate stating that the Distribution Compliance Period has terminated and that the conditions precedent to the transfer from Regulation S Temporary Global Securities to Regulation S Permanent Global Securities have been complied with, beneficial interests in the Regulation S Temporary Global Securities will be exchanged for beneficial interests in one or more Regulation S Permanent Global Securities, issued in a denomination equal to the outstanding principal amount of the Regulation S Temporary Global Securities pursuant to the rules and regulations of the U.S. Depositary, Euroclear or Clearstream, as applicable, in each case pertaining to beneficial interests in Global Securities.

Appears in 5 contracts

Samples: Supplemental Indenture (Midamerican Energy Co), Third Supplemental Indenture (Midamerican Energy Co), Supplemental Indenture (Midamerican Energy Co)

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