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

Regulation S Global Security to be Held. Through Euroclear or ------------------------------------------------------------ Clearstream during Restricted Period. The Company shall use its best ------------------------------------ efforts to cause the Depositary to ensure that, until the expiration of the Restricted Period, beneficial interests in any Regulation S Global Security may be held only in or through accounts maintained at the Depositary by Euroclear or Clearstream (or by Agent Members 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)(iv) shall not -------- prohibit any transfer or exchange of such an interest in accordance with clause (b)(ii) above.

Appears in 2 contracts

Samples: Indenture (Gap Inc), Gap Inc

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Regulation S Global Security to be Held. Through Euroclear or ------------------------------------------------------------ Clearstream Cedel during Restricted Period. The Company shall use its best ------------------------------------ efforts to ------------------------------ cause the Depositary to ensure that, until the expiration of the Restricted Period, beneficial interests in any the Regulation S Global Security may be held only in or through accounts maintained at the Depositary by Euroclear or Clearstream Cedel (or by Agent Members 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 Clause (b)(ivb)(vii) shall not -------- prohibit any transfer or exchange of such an interest in accordance with clause Clause (b)(ii) or (vi) above.

Appears in 2 contracts

Samples: McLeodusa Inc, McLeodusa Inc

Regulation S Global Security to be Held. Through Euroclear ----------------------------------------------- --------- or ------------------------------------------------------------ Clearstream Cedel during Restricted Period. The Company shall use its best ------------------------------------ efforts --------------------------------- to cause the Depositary to ensure that, until the expiration of the Restricted Period, beneficial interests in any the Regulation S Global Security may be held only in or through accounts maintained at the Depositary by Euroclear or Clearstream Cedel (or by Agent Members 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 Clause (b)(ivb)(vii) shall not -------- prohibit any transfer or exchange of such an interest in accordance with clause Clause (b)(ii) or (vi) above.

Appears in 1 contract

Samples: McLeodusa Inc

Regulation S Global Security to be Held. Through Euroclear --------------------------------------------------------- or ------------------------------------------------------------ Clearstream Clearsteam during Restricted Period. The Company shall use its best ------------------------------------ -------------------------------------- efforts to cause the Depositary to ensure that, until the expiration of the Restricted Period, beneficial interests in any the Regulation S Global Security may be held only in or through accounts maintained at the Depositary by Euroclear or Clearstream Clearsteam (or by Agent Members 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)(iv) shall not -------- prohibit any transfer or exchange of such an interest in accordance with clause (b)(ii) above.

Appears in 1 contract

Samples: Indenture (Northpoint Communications Group Inc)

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Regulation S Global Security to be Held. Through Euroclear or ------------------------------------------------------------ Clearstream ----------------------------------------------- ------------ Cedel during Restricted Period. The Company shall use its best ------------------------------------ efforts to ------------------------------ cause the Depositary to ensure that, until the expiration of the Restricted Period, beneficial interests in any the Regulation S Global Security may be held only in or through accounts maintained at the Depositary by Euroclear or Clearstream Cedel (or by Agent Members 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 Clause (b)(ivb)(vii) shall not -------- prohibit any transfer or exchange of such an interest in accordance with clause Clause (b)(ii) or (vi) above.

Appears in 1 contract

Samples: McLeodusa Inc

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