Common use of Regulation S Global Security or Rule 144A Global Security to Institutional Accredited Investors Global Security Clause in Contracts

Regulation S Global Security or Rule 144A Global Security to Institutional Accredited Investors Global Security. If the owner of a beneficial interest in the Regulation S Global Security or Rule 144A Global Security wishes at any time to transfer such interest to a Person who wishes to acquire the same in the form of a beneficial interest in the Institutional Accredited Investors Global Security, such transfer may be effected only in accordance with this paragraph (iii) and subject to the Applicable Procedures. Upon receipt by the Trustee, as Security Registrar, of (a) an order given by the Depositary or its authorized representative directing that a beneficial interest in the Institutional Accredited Investors Global Security in a specified principal amount be credited to a specified Agent Member’s account and that a beneficial interest in the Regulation S Global Security or Rule 144A Global Security, as applicable, in an equal principal amount be debited from another specified Agent Member’s account and (b) an Institutional Accredited Investor Transfer Certificate in the form of Exhibit C hereto, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Regulation S Global Security or Rule 144A Global Security, as applicable, or his attorney duly authorized in writing, then the Trustee, as Security Registrar, shall reduce the principal amount of the Regulation S Global Security or Rule 144A Global Security, as applicable, and increase the principal amount of the Institutional Accredited Investors Global Security by such specified principal amount.