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

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(iv) below 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 Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(vii) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amount.

Appears in 5 contracts

Samples: Indenture (Xo Communications Inc), Indenture (Nextlink Communications Inc /De/), Indenture (Xo Communications Inc)

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Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the a Restricted 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 a Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(iv) below and subject to the Applicable Procedures. Upon receipt by the Trustee, as Security Registrar, Registrar of (A) an order given by the Depositary or its authorized representative directing that a beneficial interest in the Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Security Registrar and the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the TrusteeSecurity Registrar, as Security Registrar but subject to Clause (b)(viib)(iv) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amount.

Appears in 4 contracts

Samples: Indenture (Limited Brands Inc), Science Applications International Corp, Heinz H J Co

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the a Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(iv) below 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 Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security and in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(viib)(iv) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amount.

Appears in 4 contracts

Samples: Indenture (Delta Air Lines Inc /De/), Indenture (Kinder Morgan Energy Partners L P), Indenture (Sunoco Logistics Partners Lp)

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(ivb)(v) below 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 Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(viib)(v) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amountamount as provided in Section 3.4(A)(c).

Appears in 3 contracts

Samples: Indenture (DSC Communications Corp), Indenture (Alcatel Usa Inc), Sports Authority Inc /De/

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(ivb)(v) below 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 Regulation S Global Security in a specified Agent Member's principal amount at maturity be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount at maturity be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(viib)(v) below, shall reduce or cause to be reduced the principal amount at maturity of the Restricted Global Security and increase the principal amount at maturity of the Regulation S Global Security by such specified principal amountamount at maturity as provided in Section 3.05(e).

Appears in 3 contracts

Samples: Indenture (RSL Communications LTD), Execution Copy (RSL Communications LTD), RSL Communications LTD

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to acquire the same take delivery thereof in the form of a beneficial interest in the Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(ivb)(vii) below 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 Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to in the Trustee and form of Annex A hereto, duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(vii) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amountamount as provided in Section 305(c).

Appears in 3 contracts

Samples: Western Wireless Corp, Western Wireless Corp, Voicestream Wireless Corp /De

Restricted Global Security to Regulation S Global Security. If ---------------------------------------------------------- the owner of a beneficial interest in the Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(ivb)(vii) below and subject to the Applicable Procedures. Upon receipt by the Trustee, as Security Note Registrar, of (A) an order given by the Depositary or its authorized representative directing that a beneficial interest in the Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Note Registrar but subject to Clause (b)(vii) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amountamount as provided in Section 2.08(d)(3) hereof.

Appears in 3 contracts

Samples: McLeodusa Inc, McLeodusa Inc, McLeodusa Inc

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(ivb)(vii) below 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 Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(vii) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amountamount as provided in Section 3.5(c).

Appears in 2 contracts

Samples: Indenture (Uromed Corp), Cuc International Inc /De/

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(ivb)(v) below 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 Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(viib)(v) below, shall reduce or cause to be reduced the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amountamount as provided in Section 3.05(e).

Appears in 2 contracts

Samples: Indenture (RSL Communications LTD), RSL Communications LTD

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to acquire the same take delivery thereof in the form of a beneficial interest in the Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(ivb)(vii) below and subject to the Applicable Procedures. Upon receipt by the Trustee, as Security Registrar, of (A) an order given by the Depositary Depository or its authorized representative directing that a beneficial interest in the Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney in fact duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(vii) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amountamount as provided in Section 3.05(c).

Appears in 2 contracts

Samples: Registration Rights Agreement (Millicom International Cellular Sa), Registration Rights Agreement (Millicom International Cellular Sa)

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(iSection 305(b)(iii) and Clause (b)(ivSection 305(b)(v) below and subject to the Applicable Procedures. Upon receipt by the Trustee, as Security Registrar, of (Ai) an order given by the Depositary or its authorized representative directing that a beneficial interest in the Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (Bii) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner Holder of such beneficial interest in the Restricted Global Security or his attorney in fact duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(viiSection 305(b)(v) below, shall reduce the principal amount of the such Restricted Global Security and increase the principal amount of the such Regulation S Global Security by such specified principal amount.

Appears in 2 contracts

Samples: Scholastic Corp, Allegheny Energy Supply Co LLC

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the a Restricted 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 Regulation S Global SecuritySecurity of the same Series, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(iv) below 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 Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security of the same Series and in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(viib)(iv) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security of the same Series by such specified principal amount.

Appears in 2 contracts

Samples: Indenture (Kinder Morgan Energy Partners L P), Delta Air Lines Inc /De/

Restricted Global Security to Regulation S Global Security. If the owner holder of a beneficial interest in the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to acquire the same take delivery thereof in the form of a beneficial interest in the Regulation S Global Security, such transfer may be effected effected, subject to the rules and procedures of the Depositary, Euroclear and Clearstream, in each case to the extent applicable and as in effect from time to time (the “Applicable Procedures”), only in accordance with the provisions of this Clause (b)(i) and Clause (b)(iv) below and subject to the Applicable Procedures2). Upon receipt by the Trustee, as Security Registrar, of (A) an order written instructions given by or on behalf of the Depositary in accordance with the Applicable Procedures directing the Trustee to credit or its authorized representative directing that cause to be credited to a specified Agent Member’s account a beneficial interest in the Regulation S Global Security in a specified principal amount and to cause to be credited to a debited from another specified Agent Member's ’s account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to certificate in substantially the Trustee and duly executed form set forth in Exhibit A signed by or on behalf of the owner of Agent Member holding such beneficial interest in the Restricted Global Security or his attorney duly authorized in writingSecurity, then the Trustee, as Security Registrar but subject to Clause (b)(vii) belowRegistrar, shall reduce the principal amount of the a Restricted Global Security Security, and increase the principal amount of the Regulation S Global Security by such specified principal amountamount as provided in Section 3.4(a)(3).

Appears in 2 contracts

Samples: Indenture (Votorantim Cimentos S.A.), Indenture (Votorantim Pulp & Paper Inc)

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause clause (b)(i) and Clause clause (b)(iv) below 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 Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause clause (b)(vii) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amount.

Appears in 1 contract

Samples: Indenture (Northpoint Communications Group Inc)

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(iv) below and subject to the Applicable Procedures. Upon receipt by the Trustee, as Security Registrar, Registrar of (A) an order given by the Depositary or its authorized representative directing that a beneficial interest in the Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's Members' account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's Members' account and (B) a Regulation S Certificate, satisfactory to the Security Registrar and the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the TrusteeSecurity Registrar, as Security Registrar but subject to Clause (b)(viib)(iv) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amount.

Appears in 1 contract

Samples: Radioshack Corp

Restricted Global Security to Regulation S Global Security. If ---------------------------------------------------------- the owner of a beneficial interest in the Restricted Global Security of either series 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 Regulation S Global SecuritySecurity of such series, such transfer may be effected only in accordance with the provisions of this Clause clause (b)(i) and Clause clause (b)(iv) below 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 Regulation S such Restricted Global Security in a specified principal amount be credited to debited from a specified Agent Member's account and that a beneficial interest in the Restricted corresponding Regulation S Global Security in an equal principal amount be debited from credited to another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(vii) below, shall reduce the principal amount of the such Restricted Global Security and increase the principal amount of the corresponding Regulation S Global Security by such specified principal amount.

Appears in 1 contract

Samples: Indenture (Gap Inc)

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(iSection 305(b)(iii) and Clause (b)(ivSection 305(b)(v) below and subject to the Applicable Procedures. Upon receipt by the Trustee, as Security Registrar, of or (Ai) an order given by the Depositary or its authorized representative directing that a beneficial interest in the Regulation S Global Security in a specified principal amount be credited created to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (Bii) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner Holder of such beneficial interest in the Restricted Global Security or his attorney in fact duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(viiSection 305(b)(v) below, shall reduce the principal amount of the such Restricted Global Security and increase the principal amount of the such Regulation S Global Security by such specified principal amount.

Appears in 1 contract

Samples: Exelon Generation Co LLC

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Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(iSection 305(b)(ii) and Clause (b)(ivSection 305(b)(iv) below and subject to the Applicable Procedures. Upon receipt by the Trustee, as Security Registrar, of (Ai) an order given by the Depositary or its authorized representative directing that a beneficial interest in the Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (Bii) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner Holder of such beneficial interest in the Restricted Global Security or his attorney in fact duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(viiSection 305(b)(iv) below, shall reduce the principal amount of the such Restricted Global Security and increase the principal amount of the such Regulation S Global Security by such specified principal amount.

Appears in 1 contract

Samples: Indenture (Staples Inc)

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(ivb)(v) below 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 Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(viib)(v) below, shall reduce or cause to be reduced the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amountamount as provided in Section 2.13(e).

Appears in 1 contract

Samples: Indenture (Octel Developments PLC)

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(iv) below 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 Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(viib)(iv) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amount.

Appears in 1 contract

Samples: Indenture (Ust Inc)

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted 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 Regulation S Temporary Global SecuritySecurity (if before the expiration of the Restricted Period) or in the Regulation S Permanent Global Security (if thereafter), such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(iv) below 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 Regulation S Temporary Global Security or Regulation S Permanent Global Security (as applicable) in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to substantially in the Trustee and form attached hereto as Annex A duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(viib)(iv) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Temporary Global Security or Regulation S Permanent Global Security (as applicable) by such specified principal amountamount as provided in Section 306(b).

Appears in 1 contract

Samples: Indenture (Mission Energy Holding Co)

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to acquire the same take delivery thereof in the form of a beneficial interest in the Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause clause (b)(i) and Clause clause (b)(ivb)(vii) below 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 Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account account, and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar Registrar, but subject to Clause clause (b)(vii) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amountamount as provided in Section 305(c).

Appears in 1 contract

Samples: Indenture (Us Industries Inc)

Restricted Global Security to Regulation S Global Security. If ---------------------------------------------------------- the owner of a beneficial interest in the Restricted 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 Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(ivb)(vii) below and subject to the Applicable Procedures. Upon receipt by the Trustee, as Security Note Registrar, of (A) an order given by the Depositary or its authorized representative directing that a beneficial interest in the Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Note Registrar but subject to Clause (b)(vii) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amountamount as provided in Section 2.08(d)(3).

Appears in 1 contract

Samples: McLeodusa Inc

Restricted Global Security to Regulation S Global Security. If the owner of a beneficial interest in the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to acquire the same take delivery thereof in the form of a beneficial interest in the Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause clause (b)(i) and Clause clause (b)(ivb)(vii) below 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 Regulation S Global Security in a specified principal amount be credited to a specified Agent Member's ’s account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's ’s account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his such owner’s attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause clause (b)(vii) below, shall reduce the principal amount of the Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amountamount as provided in Section 305(c).

Appears in 1 contract

Samples: Indenture (Oaktree Capital Group, LLC)

Restricted Global Security to Regulation S Global Security. If the ---------------------------------------------------------- owner of a beneficial interest in the Restricted Global Security of either series 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 Regulation S Global SecuritySecurity of such series, such transfer may be effected only in accordance with the provisions of this Clause clause (b)(i) and Clause clause (b)(iv) below 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 Regulation S such Restricted Global Security in a specified principal amount be credited to debited from a specified Agent Member's account and that a beneficial interest in the Restricted corresponding Regulation S Global Security in an equal principal amount be debited from credited to another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to the Trustee and duly executed by the owner of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(vii) below, shall reduce the principal amount of the such Restricted Global Security and increase the principal amount of the corresponding Regulation S Global Security by such specified principal amount.

Appears in 1 contract

Samples: Gap Inc

Restricted Global Security to Regulation S Global Security. If the owner holder of a beneficial interest in the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to acquire the same take delivery thereof in the form of a beneficial interest in the Regulation S Global Security, such transfer may be effected effected, subject to the rules and procedures of the Depositary, Euroclear and Clearstream, in each case to the extent applicable and as in effect from time to time (the "Applicable Procedures"), only in accordance with the provisions of this Clause (b)(i) and Clause (b)(iv) below and subject to the Applicable Procedures2). Upon receipt by the Trustee, as Security Registrar, of (A) an order written instructions given by or on behalf of the Depositary in accordance with the Applicable Procedures directing the Trustee to credit or its authorized representative directing that cause to be credited to a specified Agent Member's account a beneficial interest in the Regulation S Global Security in a specified principal amount and to cause to be credited to a debited from another specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to certificate in substantially the Trustee and duly executed form set forth in Annex A signed by or on behalf of the owner of Agent Member holding such beneficial interest in the Restricted Global Security or his attorney duly authorized in writingSecurity, then the Trustee, as Security Registrar but subject to Clause (b)(vii) belowRegistrar, shall reduce the principal amount of the a Restricted Global Security Security, and increase the principal amount of the Regulation S Global Security by such specified principal amountamount as provided in Section 3.4(a)(3).

Appears in 1 contract

Samples: Votorantim Pulp & Paper Inc

Restricted Global Security to Regulation S Global Security. If the owner holder of a beneficial interest in the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to acquire the same take delivery thereof in the form of a beneficial interest in the Regulation S Global Security, such transfer may be effected only in accordance with the provisions of this Clause (b)(i) and Clause (b)(iv) below and effected, subject to the Applicable Procedures, only in accordance with this paragraph (g). Upon receipt by the Trustee, as Security Registrar, of (A) an order written instructions given by or on behalf of the Depositary Depository in accordance with the Applicable Procedures directing the Trustee to credit or its authorized representative directing that cause to be credited to a specified Agent Member's account a beneficial interest in the Regulation S Global Security in a specified principal amount and to cause to be credited to a debited from another specified Agent Member's account and that a beneficial interest in the Restricted Global Security in an equal principal amount be debited from another specified Agent Member's account and (B) a Regulation S Certificate, satisfactory to certificate in substantially the Trustee and duly executed form set forth in Exhibit E signed by or on behalf of the owner holder of such beneficial interest in the Restricted Global Security or his attorney duly authorized in writingSecurity, then the Trustee, as Security Registrar but subject to Clause (b)(vii) belowRegistrar, shall reduce the principal amount of the a Restricted Global Security and increase the principal amount of the Regulation S Global Security by such specified principal amount.

Appears in 1 contract

Samples: Autotote Corp

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