Restricted Global Security to Regulation S Global Security. If the Holder of a beneficial interest in a Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii). Upon receipt by the Registrar of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, to credit or cause to be credited to a specified Agent Member’s account a beneficial interest in a Regulation S Global Security in a principal amount equal to that of the beneficial interest in a Restricted Global Security to be so transferred; (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 given by the Holder of such beneficial interest, the principal amount of a Restricted Global Security shall be reduced, and the principal amount of a Regulation S Global Security shall be increased, by the principal amount of the beneficial interest in a Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a Regulation S Global Security having a principal amount equal to the amount so transferred.
Appears in 2 contracts
Samples: Indenture (Huntsman CORP), Indenture (Huntsman CORP)
Restricted Global Security to Regulation S Global Security. If the Holder If, at any time, an owner of a beneficial interest in a Restricted Global Security deposited with the Depositary (or the Trustee as custodian for the Depositary) wishes at any time to transfer its interest in such interest Restricted Global Security to a Person who wishes is required or permitted to take delivery thereof in the form of a beneficial an interest in a Regulation S Global Security, such transfer may be effectedowner shall, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only exchange or cause the exchange of such interest for an equivalent beneficial interest in accordance with the provisions of a Regulation S Global Security as provided in this Section 2.16(a)(ii307(a). Upon receipt by the Registrar Trustee of (A1) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s account a beneficial interest in a the Regulation S Global Security in a principal an amount equal to that of the beneficial interest in a the applicable Restricted Global Security to be so transferred; exchanged, (B2) a written order given in accordance with the Applicable Procedures containing information regarding the participant account of the Agent Member Depositary and the Euroclear or CEDEL account (if applicable) to be credited withwith such increase, and the account of the Agent Member to be debited for, such beneficial interest and (C3) a certificate substantially in substantially the form set forth in of Exhibit C-1 B hereto given by the Holder owner of such beneficial interest, the Trustee, as Registrar, shall instruct the Depositary to reduce or cause to be reduced the aggregate principal amount of a the applicable Restricted Global Security shall and to increase or cause to be reduced, and increased the aggregate principal amount of a the applicable Regulation S Global Security shall be increased, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferredexchanged, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a the Regulation S Global Security having a principal amount equal to the reduction in the aggregate principal amount so of the applicable Restricted Global Security, and to debit, or cause to be debited, from the account of the Person making such exchange or transfer the beneficial interest in the Restricted Global Security that is being exchanged or transferred.
Appears in 2 contracts
Samples: Indenture (Laidlaw Environmental Services Inc), Indenture (Tropical Sportswear Co Inc)
Restricted Global Security to Regulation S Global Security. If the Holder If, at any time, an owner of a beneficial interest in a Restricted Global Security deposited with the Depositary (or the Trustee as custodian for the Depositary) wishes at any time to transfer its interest in such interest Restricted Global Security to a Person who wishes is required or permitted to take delivery thereof in the form of a beneficial an interest in a Regulation S Global Security, such transfer may be effectedowner shall, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only exchange or cause the exchange of such interest for an equivalent beneficial interest in accordance with the provisions of a Regulation S Global Security as provided in this Section 2.16(a)(ii3.07(a). Upon receipt by the Registrar Trustee of (A1) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s account a beneficial interest in a the Regulation S Global Security in a principal an amount equal to that of the beneficial interest in a the applicable Restricted Global Security to be so transferred; exchanged, (B2) a written order given in accordance with the Applicable Procedures containing information regarding the participant account of the Agent Member Depositary and the CDS, Euroclear or Clearstream account (if applicable) to be credited withwith such increase, and the account of the Agent Member to be debited for, such beneficial interest and (C3) a certificate substantially in substantially the form set forth in of Exhibit C-1 B hereto given by the Holder owner of such beneficial interest, the Trustee, as Registrar, shall instruct the Depositary to reduce or cause to be reduced the aggregate principal amount of a the applicable Restricted Global Security shall and to increase or cause to be reduced, and increased the aggregate principal amount of a the applicable Regulation S Global Security shall be increased, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferredexchanged, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a the Regulation S Global Security having a principal amount equal to the reduction in the aggregate principal amount so of the applicable Restricted Global Security, and to debit, or cause to be debited, from the account of the Person making such exchange or transfer the beneficial interest in the Restricted Global Security that is being exchanged or transferred.
Appears in 2 contracts
Samples: Indenture (Baytex Energy LTD), Indenture (Baytex Energy LTD)
Restricted Global Security to Regulation S Global Security. If the Holder If, at any time, an owner of a beneficial interest in a Restricted Global Security deposited with the Depositary (or the Trustee as custodian for the Depositary) wishes at any time to transfer its interest in such interest Restricted Global Security to a Person who wishes is required or permitted to take delivery thereof in the form of a beneficial an interest in a Regulation S Global Security, such transfer may be effectedowner shall, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only exchange or cause the exchange of such interest for an equivalent beneficial interest in accordance with the provisions of a Regulation S Global Security as provided in this Section 2.16(a)(ii307(a). Upon receipt by the Registrar Trustee of (A1) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s account a beneficial interest in a the Regulation S Global Security in a principal an amount equal to that of the beneficial interest in a the applicable Restricted Global Security to be so transferred; exchanged, (B2) a written order given in accordance with the Applicable Procedures containing information regarding the participant account of the Agent Member Depositary and the Euroclear or CEDEL account (if applicable) to be credited withwith such increase, and the account of the Agent Member to be debited for, such beneficial interest and (C3) a certificate substantially in substantially the form set forth in of Exhibit C-1 A-1 hereto given by the Holder owner of such beneficial interest, the Trustee, as Registrar, shall instruct the Depositary to reduce or cause to be reduced the aggregate principal amount of a the applicable Restricted Global Security shall and to increase or cause to be reduced, and increased the aggregate principal amount of a the applicable Regulation S Global Security shall be increased, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferredexchanged, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a the Regulation S Global Security having a principal amount equal to the reduction in the aggregate principal amount so of the applicable Restricted Global Security, and to debit, or cause to be debited, from the account of the Person making such exchange or transfer the beneficial interest in the Restricted Global Security that is being exchanged or transferred.
Appears in 2 contracts
Samples: Regal Cinemas Inc, Amc Entertainment Inc
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii305(b)(iv). Upon receipt by the Registrar Trustee, as Security Registrar, of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and, if applicable, the Euroclear or Clearstream account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 Annex A-2 given by the Holder holder of such beneficial interest, the principal amount of a Restricted Global Trustee, as Security Registrar, shall be reduced, and instruct the Depositary to reduce the principal amount of a the applicable Restricted Global Security, and to increase the principal amount of the Regulation S Global Security shall be increasedSecurity, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferredby which the principal amount of the Restricted Global Security was reduced upon such transfer.
Appears in 2 contracts
Samples: Indenture (Cingular Wireless LLC), Subordinated Indenture (Inco LTD)
Restricted Global Security to Regulation S Global Security. If the Holder owner of a beneficial interest (an “Owner Transferor”) in a Restricted Global Security wishes at any time to transfer such beneficial interest to a Person (an “Owner Transferee”) who wishes to take delivery thereof in the form of a beneficial interest in a Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii305(d)(i). Upon receipt by the Registrar Trustee, as Security Registrar, at the Corporate Trust Office of (A1) written instructions given in accordance with the Applicable Procedures from an the Agent Member whose account is to be debited (an “Agent Member Transferor”) with respect to the Restricted Global Security directing the Trustee, as Security Registrar, to credit or cause to be credited to a specified account of another Agent Member’s Member (an “Agent Member Transferee”) (which shall be an account with Euroclear or Clearstream or both) a beneficial interest in a Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; transferred (Bthe “Restricted Global Transferred Amount”), (2) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member Transferee to be credited with, and the account of the Agent Member Transferor to be debited for, such beneficial interest the Restricted Global Transferred Amount, and (C3) a certificate in substantially the form set forth in Exhibit C-1 Section 312(a) given by the Holder of such beneficial interestOwner Transferor, the principal amount of a Restricted Trustee, as Security Registrar, shall instruct the Depositary for such Global Security shall be reduced, and the principal amount of a Regulation S Global Security shall be increased, by Securities to reduce the principal amount of the beneficial interest in a Restricted Global Security Security, and to be so transferred, in each case by means of an appropriate adjustment on increase the records principal amount of the RegistrarRegulation S Global Security, and by the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records Restricted Global Transferred Amount, and to credit or cause to be credited to the account of the Person specified in such instructions Agent Member Transferee a beneficial interest in a the Regulation S Global Security Security, and to debit or cause to be debited to the account of the Agent Member Transferor a beneficial interest in the Restricted Global Security, in each case having a principal amount equal to the amount so transferredRestricted Global Transferred Amount.
Appears in 1 contract
Samples: Indenture (Rinker Group LTD)
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes is required or permitted to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTCthe U.S. Depositary, to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii3.07(b)(2)(i). Upon receipt by the Security Registrar of (A) written instructions given in accordance with the Applicable Procedures from an any DTC Agent Member Members directing the Registrar, Security Registrar to credit or cause to be credited to a specified DTC Agent Member’s account a beneficial interest in a the Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the DTC Agent Member to be credited with, and the account of the DTC Agent Member to be debited for, such beneficial interest and (C) a certificate Regulation S Certificate, substantially in substantially the form set forth in Exhibit C-1 of Annex A hereto given by the Holder holder of such beneficial interest, the principal amount of a the Restricted Global Security shall be reduced, and the principal amount of a the Regulation S Global Security shall be increased, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Security Registrar, and the Registrar shall instruct DTC U.S. Depositary or its authorized representative to shall make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferred.
Appears in 1 contract
Samples: Indenture (Catalyst Paper Corp)
Restricted Global Security to Regulation S Global Security. If ---------------------------------------------------------- the Holder holder of a beneficial interest in a the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), Procedures only in accordance with the provisions of this Section 2.16(a)(ii3.5(b)(2) and Section 3.5(b)(5). Upon receipt by the Registrar Trustee, as Security Registrar, of (A) written instructions given in accordance with the Applicable Procedures from an any member of, or participants in, the Depositary ("Agent Member Member") directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a the Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and, if applicable, the Euroclear or CEDEL account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 Annex B given by the Holder holder of such beneficial interest, the principal amount of a Restricted Global Trustee, as Security Registrar, shall be reduced, and instruct the Depositary to reduce the principal amount of a the Restricted Global Security, and to increase the principal amount of the Regulation S Global Security shall be increasedSecurity, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which during the Restricted Period shall be the Agent Member for Euroclear or CEDEL or both, as the case may be) a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferredby which the principal amount of the Restricted Global Security was reduced upon such transfer.
Appears in 1 contract
Samples: Homebase Inc
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), Procedures only in accordance with the provisions of this Section 2.16(a)(ii3.5(b)(ii) and Section 3.5(b)(v). Upon receipt by the Registrar Trustee, as Security Registrar, of (A) written instructions given in accordance with the Applicable Procedures from an any member of, or participants in, the Depositary ("Agent Member Member") directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a the Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and, if applicable, the Euroclear or CEDEL account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 Annex B given by the Holder holder of such beneficial interest, the principal amount of a Restricted Global Trustee, as Security Registrar, shall be reduced, and instruct the Depositary to reduce the principal amount of a the Restricted Global Security, and to increase the principal amount of the Regulation S Global Security shall be increasedSecurity, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which during the Restricted Period shall be the Agent Member for Euroclear or CEDEL or both, as the case may be) a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferredby which the principal amount of the Restricted Global Security was reduced upon such transfer.
Appears in 1 contract
Samples: Indenture (MRV Communications Inc)
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii305(b)(4). Upon receipt by the Registrar Trustee, as Security Registrar, of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and, if applicable, the Euroclear or Cedelbank account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 Annex A-2 given by the Holder holder of such beneficial interest, the principal amount of a Restricted Global Trustee, as Security Registrar, shall be reduced, and instruct the Common Depositary to reduce the principal amount of a the applicable Restricted Global Security, and to increase the principal amount of the Regulation S Global Security shall be increasedSecurity, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which during the Distribution Compliance Period shall be the Agent Member for Euroclear or Cedelbank or both, as the case may be) a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferredby which the principal amount of the Restricted Global Security was reduced upon such transfer.
Appears in 1 contract
Samples: Indenture (Staples Inc)
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii3.05(b)(iii). Upon receipt by the Registrar Trustee, as Security Registrar, of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and, if applicable, the Euroclear or Clearstream account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 Annex A-2 given by the Holder holder of such beneficial interest, the principal amount of a Restricted Global Trustee, as Security Registrar, shall be reduced, and instruct the Depositary to reduce the principal amount of a the applicable Restricted Global Security, and to increase the principal amount of the Regulation S Global Security shall be increasedSecurity, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferredby which the principal amount of the Restricted Global Security was reduced upon such transfer.
Appears in 1 contract
Samples: Marsh & McLennan Companies Inc
Restricted Global Security to Regulation S Global Security. If the Holder owner of a beneficial interest (an “Owner Transferor”) in a Restricted Global Security wishes at any time to transfer such beneficial interest to a Person person (an “Owner Transferee”) who wishes to take delivery thereof in the form of a beneficial interest in a Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii305(d)(i). Upon receipt by the Registrar Trustee, as Security Registrar, at the Corporate Trust Office of (A1) written instructions given in accordance with the Applicable Procedures from an the Agent Member whose account is to be debited (an “Agent Member Transferor”) with respect to the Restricted Global Security directing the Trustee, as Security Registrar, to credit or cause to be credited to a specified account of another Agent Member’s Member (an “Agent Member Transferee”) (which shall be an account with Euroclear or Clearstream or both) a beneficial interest in a Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; transferred (Bthe “Restricted Global Transferred Amount”), (2) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member Transferee to be credited with, and the account of the Agent Member Transferor to be debited for, such beneficial interest the Restricted Global Transferred Amount, and (C3) a certificate in substantially the form set forth in Exhibit C-1 Section 312(a) given by the Holder of such beneficial interestOwner Transferor, the principal amount of a Restricted Trustee, as Security Registrar, shall instruct the Depositary for such Global Security shall be reduced, and the principal amount of a Regulation S Global Security shall be increased, by Securities to reduce the principal amount of the beneficial interest in a Restricted Global Security Security, and to be so transferred, in each case by means of an appropriate adjustment on increase the records principal amount of the RegistrarRegulation S Global Security, and by the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records Restricted Global Transferred Amount, and to credit or cause to be credited to the account of the Person specified in such instructions Agent Member Transferee a beneficial interest in a the Regulation S Global Security Security, and to debit or cause to be debited to the account of the Agent Member Transferor a beneficial interest in the Restricted Global Security, in each case having a principal amount equal to the amount so transferredRestricted Global Transferred Amount.
Appears in 1 contract
Samples: Brandbev S.a r.l.
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii305(b)(iv). Upon receipt by the Registrar Trustee, as Security Registrar, of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Global Security in a principal amount an Amount Payable at Maturity equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and, if applicable, the Euroclear or Clearstream account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 Annex A-2 given by the Holder holder of such beneficial interest, the principal amount Trustee, as Security Registrar, shall instruct the Depositary to reduce the Amount Payable at Maturity of a the applicable Restricted Global Security shall be reducedSecurity, and to increase the principal amount Amount Payable at Maturity of a the Regulation S Global Security shall be increasedSecurity, by the principal amount Amount Payable at Maturity of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a the Regulation S Global Security having a principal amount an Amount Payable at Maturity equal to the amount so transferredby which the Amount Payable at Maturity of the Restricted Global Security was reduced upon such transfer.
Appears in 1 contract
Samples: Inco LTD
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes is required or permitted to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTCthe U.S. Depositary, Euroclear and Clearstream, in each case to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii3.07(b)(2)(i). Upon receipt by the Security Registrar of (A) written instructions given in accordance with the Applicable Procedures from an any DTC Agent Member Members directing the Registrar, Security Registrar to credit or cause to be credited to a specified DTC Agent Member’s account a beneficial interest in a the Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the DTC Agent Member (and the Euroclear or Clearstream account, as the case may be) to be credited with, and the account of the DTC Agent Member to be debited for, such beneficial interest and (C) a certificate Regulation S Certificate, substantially in substantially the form set forth in Exhibit C-1 of Annex A hereto given by the Holder holder of such beneficial interest, the principal amount of a the Restricted Global Security shall be reduced, and the principal amount of a the Regulation S Global Security shall be increased, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Security Registrar, and the Registrar shall instruct DTC U.S. Depositary or its authorized representative to shall make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which shall be the DTC Agent Member for Euroclear or Clearstream or both, as the case may be) a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferred.
Appears in 1 contract
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii3.05(b)(iv). Upon receipt by the Registrar Trustee, as Security Registrar, of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and, if applicable, the Euroclear or Clearstream account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 Annex A-2 given by the Holder holder of such beneficial interest, the principal amount of a Restricted Global Trustee, as Security Registrar, shall be reduced, and instruct the Depositary to reduce the principal amount of a the applicable Restricted Global Security, and to increase the principal amount of the Regulation S Global Security shall be increasedSecurity, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferredby which the principal amount of the Restricted Global Security was reduced upon such transfer.
Appears in 1 contract
Samples: May Department Stores Co
Restricted Global Security to Regulation S Global Security. If the Holder of a beneficial interest in a Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTC, Euroclear and Clearstream, in each case to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii). Upon receipt by the Registrar of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, to credit or cause to be credited to a specified Agent Member’s account a beneficial interest in a Regulation S Global Security in a principal amount equal to that of the beneficial interest in a Restricted Global Security to be so transferred; (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and/or the Euroclear or Clear-stream account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 given by the Holder of such beneficial interest, the principal amount of a Restricted Global Security shall be reduced, and the principal amount of a Regulation S Global Security shall be increased, by the principal amount of the beneficial interest in a Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a Regulation S Global Security having a principal amount equal to the amount so transferred.
Appears in 1 contract
Samples: Indenture (Huntsman CORP)
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes is required or permitted to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTCthe U.S. Depositary, Euroclear and Clearstream, in each case to the extent applicable (the “"Applicable Procedures”"), only in accordance with the provisions of this Section 2.16(a)(ii3.07(b)(2)(i). Upon receipt by the Registrar Trustee, as Security Registrar, of (A) written instructions given in accordance with the Applicable Procedures from an any member of, or direct participants in, the U.S. Depositary ("Agent Member Members") directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a the Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and the Euroclear or Clearstream account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate Regulation S Certificate, substantially in substantially the form set forth in Exhibit C-1 of Annex A hereto given by the Holder holder of such beneficial interest, the principal amount of a the Restricted Global Security shall be reduced, and the principal amount of a the Regulation S Global Security shall be increased, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Trustee, as Security Registrar, and the Registrar Trustee, as Security Registrar, shall instruct DTC the U.S. Depositary or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which shall be the Agent Member for Euroclear or Clearstream or both, as the case may be) a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferred.
Appears in 1 contract
Samples: Indenture (Norske Skog Canada LTD)
Restricted Global Security to Regulation S Global Security. If the Holder If, at any time, an owner of a beneficial interest in a Restricted Global Security deposited with the Trustee, as custodian for the Depositary, wishes at any time to transfer its interest in such interest Restricted Global Security to a Person who wishes is required or permitted to take delivery thereof in the form of a beneficial an interest in a Regulation S Global Security, such transfer may be effectedowner shall, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only exchange or cause the exchange of such interest for an equivalent beneficial interest in accordance with the provisions of a Regulation S Global Security as provided in this Section 2.16(a)(ii307(a). Upon receipt by the Registrar Trustee of (A1) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s account a beneficial interest in a the Regulation S Global Security in a principal an amount equal to that of the beneficial interest in a the applicable Restricted Global Security to be so transferred; exchanged, (B2) a written order given in accordance with the Applicable Procedures containing information regarding the participant account of the Agent Member Depositary and the Euroclear or Clearstream. Luxembourg account (if applicable) to be credited withwith such increase, and the account of the Agent Member to be debited for, such beneficial interest and (C3) a certificate substantially in substantially the form set forth in of Exhibit C-1 D hereto given by the Holder owner of such beneficial interest, the Trustee, as Registrar, shall instruct the Depositary to reduce or cause to be reduced the aggregate principal amount of a the applicable Restricted Global Security shall and to increase or cause to be reduced, and increased the aggregate principal amount of a the applicable Regulation S Global Security shall be increased, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferredexchanged, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a the Regulation S Global Security having a principal amount equal to the reduction in the aggregate principal amount so of the applicable Restricted Global Security, and to debit, or cause to be debited, from the account of the Person making such exchange or transfer the beneficial interest in the Restricted Global Security that is being exchanged or transferred.
Appears in 1 contract
Restricted Global Security to Regulation S Global Security. If the Holder of a beneficial interest in a Restricted Dollar Denominated Global Security of any series wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a Regulation S Dollar Denominated Global SecuritySecurity of such series, such transfer may be effected, subject to the rules and procedures of DTC, Euroclear and Cedelbank, in each case to the extent applicable (the “"Applicable Procedures”"), only in accordance with the provisions of this Section 2.16(a)(ii). Upon receipt by the Dollar Registrar of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Dollar Registrar, to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Dollar Denominated Global Security in a principal amount equal to that of the beneficial interest in a Restricted Dollar Denominated Global Security to be so transferred; (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and/or the Euroclear or Cedelbank account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 given by the Holder of such beneficial interest, the principal amount of a Restricted Dollar Denominated Global Security shall be reduced, and the principal amount of a Regulation S Dollar Denominated Global Security shall be increased, by the principal amount of the beneficial interest in a Restricted Dollar Denominated Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Dollar Registrar, and the Dollar Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which shall be the Agent Member for Euroclear or Cedelbank or both, as the case may be) a beneficial benefi- cial interest in a Regulation S Dollar Denominated Global Security having a principal amount equal to the amount so transferred.
Appears in 1 contract
Samples: Tioxide Americas Inc
Restricted Global Security to Regulation S Global Security. If the Holder If, at any time, an owner of a beneficial interest in a Restricted Global Security deposited with the Depositary wishes at any time to transfer its interest in such interest Restricted Global Security to a Person person who wishes is required or permitted to take delivery thereof in the form of a beneficial interest in a Regulation S Global Security, such transfer may be effectedowner shall, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only exchange or cause the exchange of such interest for an equivalent beneficial interest in accordance with the provisions of a Regulation S Global Security as provided in this Section 2.16(a)(ii2.11(a)(i). Upon receipt by the Registrar Trustee, as Registrar, at the Corporate Trust Office of (A1) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s account a beneficial interest in a the Regulation S Global Security in a principal an amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; exchanged, (B2) a written order given in accordance with the Applicable Procedures containing information regarding the participant account of the Agent Member Depositary to be credited with, with such increase and the participant account of the Agent Member Depositary to be debited for, such beneficial interest and interest, (C3) a certificate in substantially the form set forth in of Exhibit C-1 B-1 hereto given by the Holder of such beneficial interestinterest stating that the transfer of such interest has been made in compliance with the transfer restrictions applicable to the global Securities and pursuant to and in accordance with Rule 903 or Rule 904 of Regulation S, then the Trustee, as Registrar, shall instruct the Depositary to reduce or cause to be reduced the aggregate principal amount at maturity of a the applicable Restricted Global Security shall and to increase or cause to be reduced, and increased the aggregate principal amount at maturity of a the applicable Regulation S Global Security shall be increased, by the principal amount at maturity of the beneficial interest in a the Restricted Global Security to be so transferredexchanged, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person person specified in such instructions (which shall be the agent member for Euroclear or Cedel or both, as the case may be) a beneficial interest in a the Regulation S Global Security having a principal amount equal to the reduction in the aggregate principal amount so at maturity of the Restricted Global Security, and to debit, or cause to be debited, from the account of the person making such exchange or transfer the beneficial interest in the Restricted Global Security that is being exchanged or transferred.
Appears in 1 contract
Samples: Indenture (Times Mirror Co /New/)
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTCthe U.S. Depository, Euroclear and CEDEL, in each case to the extent applicable (the “"Applicable Procedures”"), only in accordance with the provisions of this Section 2.16(a)(ii3.05(b)(ii). Upon receipt by the Registrar Trustee, as Security Registrar, at its Corporate Trust Office of (A) written (or other format acceptable to the Trustee) instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a the Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written (or other format acceptable to the Trustee) order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (which, if prior to the expiration of the Restricted Period, shall be for the account of an Agent Member acting on behalf of Euroclear or CEDEL, as the case may be) to be credited withwith (and, if required by the Securities Registrar, the beneficial owner for whose account such credit is made), and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 Annex B attached hereto given by the Holder holder of such beneficial interest, the principal amount of a Restricted Global Trustee, as Security Registrar, shall be reduced, and instruct the U.S. Depository to reduce the principal amount of a the Restricted Global Security, and to increase the principal amount of the Regulation S Global Security shall be increasedSecurity, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person Agent Member specified in such instructions (which during the Restricted Period shall be the Agent Member for Euroclear or CEDEL or both, as the case may be) a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferredby which the principal amount of the Restricted Global Security was reduced upon such transfer.
Appears in 1 contract
Samples: America Online Inc
Restricted Global Security to Regulation S Global Security. If the Holder of a beneficial interest in a Restricted Global Security of any series wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a Regulation S Global SecuritySecurity of such series, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “"Applicable Procedures”"), only in accordance with the provisions of this Section 2.16(a)(ii). Upon receipt by the Registrar of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Global Security of the appropriate series in a principal amount equal to that of the beneficial interest in a Restricted Global Security to be so transferred; (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 given by the Holder of such beneficial interest, the principal amount of a Restricted Global Security of such series shall be reduced, and the principal amount of a Regulation S Global Security of such series shall be increased, by the principal amount of the beneficial interest in a Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a Regulation S Global Security of such series having a principal amount equal to the amount so transferred.
Appears in 1 contract
Samples: Indenture (Huntsman LLC)
Restricted Global Security to Regulation S Global Security. If the Holder If, at any time, an owner of a beneficial interest in a Restricted Global Security deposited with the Depositary wishes at any time to transfer its interest in such interest Restricted Global Security to a Person person who wishes is required or permitted to take delivery thereof in the form of a beneficial interest in a Regulation S Global Security, such transfer may be effectedowner shall, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only exchange or cause the exchange of such interest for an equivalent beneficial interest in accordance with the provisions of a Regulation S Global Security as provided in this Section 2.16(a)(ii2.11(a)(i). Upon receipt by the Registrar Trustee, as Registrar, at the Corporate Trust Office of (A1) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s account a beneficial interest in a the Regulation S Global Security in a principal an amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; exchanged, (B2) a written order given in accordance with the Applicable Procedures containing information regarding the participant account of the Agent Member Depositary to be credited with, with such increase and the participant account of the Agent Member Depositary to be debited for, such beneficial interest and interest, (C3) a certificate in substantially the form set forth in of Exhibit C-1 B-1 hereto given by the Holder of such beneficial interestinterest stating that the transfer of such interest has been made in compliance with the transfer restrictions applicable to the Global Securities and pursuant to and in accordance with Rule 903 or Rule 904 of Regulation S, then the principal amount Trustee, as Registrar, shall instruct the Depositary to reduce or cause to be reduced the aggregate Principal Amount of a the applicable Restricted Global Security shall and to increase or cause to be reduced, and increased the principal amount aggregate Principal Amount of a the applicable Regulation S Global Security shall be increased, by the principal amount Principal Amount of the beneficial interest in a the Restricted Global Security to be so transferredexchanged, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person person specified in such instructions (which shall be the agent member for Euroclear or Cedel or both, as the case may be) a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so reduction in the aggregate Principal Amount of the Restricted Global Security, and to debit, or cause to be debited, from the account of the person making such exchange or transfer the beneficial interest in the Restricted Global Security that is being exchanged or transferred.
Appears in 1 contract
Samples: Brightpoint Inc
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a the Restricted Global Security wishes at any time anytime to transfer such interest to a Person who wishes is required or permitted to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTCthe U.S. Depositary, Euroclear and Clearstream, in each case to the extent applicable (the “"Applicable Procedures”"), only in accordance with the provisions of this Section 2.16(a)(ii3.07(b)(2)(i). Upon receipt by the Registrar Trustee, as Security Registrar, of (A) written instructions given in accordance with the Applicable Procedures from an any member of, or direct participants in, the U.S. Depositary ("Agent Member Members") directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a the Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information in formation regarding the account of the Agent Member (and the Euroclear or Clearstream account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate Regulation S Certificate, substantially in substantially the form set forth in Exhibit C-1 of Annex A hereto given by the Holder holder of such beneficial interest, the principal amount of a the Restricted Global Security shall be reduced, and the principal amount of a the Regulation S Global Security shall be increased, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Trustee, as Security Registrar, and the Registrar Trustee, as Security Registrar, shall instruct DTC the U.S. Depositary or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which shall be the Agent Member for Euroclear or Clearstream or both, as the case may be) a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferred.
Appears in 1 contract
Samples: Indenture (Norske Skog Canada LTD)
Restricted Global Security to Regulation S Global Security. If the Holder If, at any time, an owner of a beneficial interest in a Restricted Global Security deposited with the Depositary wishes at any time to transfer its interest in such interest Restricted Global Security to a Person person who wishes is required or permitted to take delivery thereof in the form of a beneficial interest in a Regulation S Global Security, such transfer may be effectedowner shall, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only exchange or cause the exchange of such interest for an equivalent beneficial interest in accordance with the provisions of a Regulation S Global Security as provided in this Section 2.16(a)(ii2.12(a)(i). Upon receipt by the Registrar Trustee, as Registrar, at the Corporate Trust Office of (A1) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s account a beneficial interest in a the Regulation S Global Security in a principal an amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; exchanged, (B2) a written order given in accordance with the Applicable Procedures containing information regarding the participant account of the Agent Member Depositary to be credited with, with such increase and the participant account of the Agent Member Depositary to be debited for, such beneficial interest and interest, (C3) a certificate in substantially the form set forth in of Exhibit C-1 B-1 hereto, upon which the Trustee may conclusively rely, given by the Holder of such beneficial interestinterest stating that the transfer of such interest has been made in compliance with the transfer restrictions applicable to the global Securities and pursuant to and in accordance with Rule 903 or Rule 904 of Regulation S, then the Trustee, as Registrar, shall instruct the Depositary to reduce or cause to be reduced the aggregate principal amount of a the applicable Restricted Global Security shall and to increase or cause to be reduced, and increased the aggregate principal amount of a the applicable Regulation S Global Security shall be increased, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferredexchanged, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person person specified in such instructions a beneficial interest in a Regulation S Global Security having a principal amount equal to (which shall be the amount so transferred.Agent Member for Euroclear or Cedel or both, as the case may
Appears in 1 contract
Samples: Einstein Noah Bagel Corp
Restricted Global Security to Regulation S Global Security. If the Holder of a beneficial interest in a Restricted Dollar Denominated Global Security of any series wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a Regulation S Dollar Denominated Global SecuritySecurity of such series, such transfer may be effected, subject to the rules and procedures of DTC, Euroclear and Clearstream, in each case to the extent applicable (the “"Applicable Procedures”"), only in accordance with the provisions of this Section 2.16(a)(ii2.16(a) (ii). Upon receipt by the Dollar Registrar of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Dollar Registrar, to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Dollar Denominated Global Security in a principal amount equal to that of the beneficial interest in a Restricted Dollar Denominated Global Security to be so transferred; (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and/or the Euroclear or Clearstream account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 given by the Holder of such beneficial interest, the principal amount of a Restricted Dollar Denominated Global Security shall be reduced, and the principal amount of a Regulation S Dollar Denominated Global Security shall be increased, by the principal amount of the beneficial interest in a Restricted Dollar Denominated Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Dollar Registrar, and the Dollar Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which shall be the Agent Member for Euroclear or Clearstream or both, as the case may be) a beneficial interest in a Regulation S Dollar Denominated Global Security having a principal amount equal to the amount so transferred.
Appears in 1 contract
Samples: Huntsman International LLC
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a the Restricted Global Security wishes at any time to transfer such interest to a Person person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTCthe U.S. Depositary, Euroclear and CEDEL, in each case to the extent applicable (the “"Applicable Procedures”"), only in accordance with the provisions of this Section 2.16(a)(ii6(c)(ii). Upon receipt by the Registrar Fiscal Agent, as Transfer Agent, at its office in The City of New York of (Al) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Fiscal Agent to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a the Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B2) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and the Euroclear or CEDEL account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C3) a certificate in substantially the form set forth in of Exhibit C-1 D attached hereto given by the Holder holder of such beneficial interest, the principal amount of a Restricted Global Security Fiscal Agent, as Transfer Agent, shall be reduced, and instruct the U.S. Depositary to reduce the principal amount of a the Restricted Global Security, and to increase the principal amount of the Regulation S Global Security shall be increasedSecurity, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person person specified in such instructions (which shall be the Agent Member for Euroclear or CEDEL or both, as the case may be) a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferredby which the principal amount of the Restricted Global Security was reduced upon such transfer.
Appears in 1 contract
Restricted Global Security to Regulation S Global Security. If the Holder of a beneficial interest in a Restricted Dollar Denominated Global Security of any series wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a Regulation S Dollar Denominated Global SecuritySecurity of such series, such transfer may be effected, subject to the rules and procedures of DTC, Euroclear and Clearstream, in each case to the extent applicable (the “"Applicable Procedures”"), only in accordance with the provisions of this Section 2.16(a)(ii). Upon receipt by the Dollar Registrar of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Dollar Registrar, to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Dollar Denominated Global Security in a principal amount equal to that of the beneficial interest in a Restricted Dollar Denominated Global Security to be so transferred; (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and/or the Euroclear or Clearstream account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 given by the Holder of such beneficial interest, the principal amount of a Restricted Dollar Denominated Global Security shall be reduced, and the principal amount of a Regulation S Dollar Denominated Global Security shall be increased, by the principal amount of the beneficial interest in a Restricted Dollar Denominated Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Dollar Registrar, and the Dollar Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which shall be the Agent Member for Euroclear or Clearstream or both, as the case may be) a beneficial interest in a Regulation S Dollar Denominated Global Security having a principal amount equal to the amount so transferred.
Appears in 1 contract
Samples: Huntsman International LLC
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTCthe U.S. Depositary, Euroclear and CEDEL, in each case to the extent applicable (the “"Applicable Procedures”"), only in accordance with the provisions of this Section 2.16(a)(ii3.05(b)(ii). Upon receipt by the Registrar Trustee, as Security Registrar, at its Corporate Trust Office of (A1) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a the Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B2) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and the Euroclear or CEDEL account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C3) a certificate in substantially the form set forth in Exhibit C-1 Section 2.07(a) given by the Holder holder of such beneficial interest, the principal amount of a Restricted Global Trustee, as Security Registrar, shall be reduced, and instruct the U.S. Depositary to reduce the principal amount of a the Restricted Global Security, and to increase the principal amount of the Regulation S Global Security shall be increasedSecurity, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which shall be the Agent Member for Euroclear or CEDEL or both, as the case may be) a beneficial interest in a Regulation the Regulations S Global Security having a principal amount equal to the amount so transferredby which the principal amount of the Restricted Global Security was reduced upon such transfer.
Appears in 1 contract
Samples: Indenture (Seacor Holdings Inc)
Restricted Global Security to Regulation S Global Security. If ---------------------------------------------------------- the Holder owner of a beneficial interest in a the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes is required or permitted to take delivery thereof acquire the same in the form of a beneficial interest in a the Regulation S Global SecuritySecurity (if before the expiration of the Distribution Compliance Period, such Regulation S Global Security shall be held only in or through accounts maintained at the Depositary by Euroclear or Cedel, and if thereafter, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), effected only in accordance with the provisions of this Section 2.16(a)(ii)Clause (b)(1) subject to the Applicable Procedures. Upon receipt by the Registrar Trustee, as Security Registrar, of (A) written instructions an order given by the Depositary or its authorized representative directing that a beneficial interest in accordance with the Applicable Procedures from an Agent Member directing the Registrar, to credit or cause to 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 a Regulation S the Restricted Global Security in a an equal principal amount equal to that of the beneficial interest in a Restricted Global Security to be so transferred; debited from another specified Agent Member's account and (B) a written order given in accordance with Regulation S Certificate, satisfactory to the Applicable Procedures containing information regarding Trustee and duly executed by the account owner of the Agent Member to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 given by the Holder of such beneficial interest, the principal amount of a Restricted Global Security or his attorney duly authorized in writing, then the Trustee, as Security Registrar but subject to Clause (b)(4) below, shall be reduced, and the principal amount of a Regulation S Global Security shall be increased, by reduce the principal amount of the beneficial interest in a Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on and increase the records principal amount of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a Regulation S Global Security having a by such specified principal amount equal to the amount so transferredas provided in Section 305(c).
Appears in 1 contract
Samples: Registration Rights Agreement (Exodus Communications Inc)
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global SecuritySecurity of the same series, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii3.5(b)(iv). Upon receipt by the Registrar Fiscal Agent, as Security Registrar, at its office in The City of New York of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Fiscal Agent to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security of the same series to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and, if applicable, the Euroclear or Cedelbank account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 Annex A-2 given by the Holder holder of such beneficial interest, the principal amount of a Restricted Global Fiscal Agent, as Security Registrar, shall be reduced, and instruct the U.S. Depositary to reduce the principal amount of a the applicable Restricted Global Security, and to increase the principal amount of the Regulation S Global Security shall be increasedof the same series, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which during the Restricted Period shall be the Agent Member for Euroclear or Cedelbank or both, as the case may be) a beneficial interest in a the Regulation S Global Security of the same series having a principal amount equal to the amount so transferred.the
Appears in 1 contract
Samples: Fiscal Agency Agreement (Principal Financial Group Inc)
Restricted Global Security to Regulation S Global Security. If the Holder of a beneficial interest in a Restricted Global Security of any series wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a Regulation S Global SecuritySecurity of such series, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “"Applicable Procedures”"), only in accordance with the provisions of this Section 2.16(a)(ii). Upon receipt by the Registrar of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Global Security in a principal amount equal to that of the beneficial interest in a Restricted Global Security to be so transferred; (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 given by the Holder of such beneficial interest, the principal amount of a Restricted Global Security shall be reduced, and the principal amount of a Regulation S Global Security shall be increased, by the principal amount of the beneficial interest in a Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a Regulation S Global Security having a principal amount equal to the amount so transferred.
Appears in 1 contract
Samples: Indenture (Huntsman Polymers Corp)
Restricted Global Security to Regulation S Global Security. If the Holder If, at any time, an owner of a beneficial interest in a Restricted Global Security wishes at any time to transfer its interest in such interest Restricted Global Security to a Person person who wishes is required or permitted to take delivery thereof in the form of a beneficial interest in a Regulation S Global Security, such transfer may be effectedowner shall, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only exchange or cause the exchange of such interest for an equivalent beneficial interest in accordance with the provisions of a Regulation S Global Security as provided in this Section 2.16(a)(ii2.12(a)(i). Upon receipt by the Registrar Trustee, as Registrar, at the Corporate Trust Office of (A1) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s account a beneficial interest in a the Regulation S Global Security in a principal an amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; exchanged, (B2) a written order given in accordance with the Applicable Procedures containing information regarding the participant account of the Agent Member Depositary to be credited with, with such increase and the participant account of the Agent Member Depositary to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 given by the Holder of for such beneficial interest, and, in the principal amount case of a Restricted Global Security that is a Transfer Restricted Security, (3) a certificate in the form of Exhibit B-1 hereto, upon which the Trustee may conclusively rely, given by the holder of such beneficial interest stating that the transfer of such interest has been made in compliance with the transfer restrictions applicable to the global Securities and pursuant to and in accordance with Rule 904 of Regulation S, then the Trustee, as Registrar and Securities Custodian, shall reduce or cause to be reduced, and reduced the aggregate principal amount of a the applicable Restricted Global Security and increase or cause to be increased the aggregate principal amount of the applicable Regulation S Global Security shall be increased, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrarexchanged, and the Registrar Trustee, as Registrar, shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and the Depositary, concurrently with the reduction, to credit or cause to be credited to the account of the Person person specified in such instructions (which shall be the Agent Member for Euroclear or Cedel or both, as the case may be) a beneficial interest in a the Regulation S Global Security having a principal amount equal to the reduction in the aggregate principal amount so of the Restricted Global Security, and to debit or cause to be debited from the account of the person making such exchange or transfer the beneficial interest in the Restricted Global Security that is being exchanged or transferred.
Appears in 1 contract
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTCthe U.S. Depository, Euroclear and CEDEL, in each case to the extent applicable (the “"Applicable Procedures”"), only in accordance with the provisions of this Section 2.16(a)(ii3.05(b)(ii). Upon receipt by the Registrar Trustee, as Security Registrar, at its office in The City of New York of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a the Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and, if applicable, the Euroclear or CEDEL account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 Annex B given by the Holder holder of such beneficial interest, the principal amount of a Restricted Global Trustee, as Security Registrar, shall be reduced, and instruct the U.S. Depository to reduce the principal amount of a the Restricted Global Security, and to increase the principal amount of the Regulation S Global Security shall be increasedSecurity, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which during the Restricted Period shall be the Agent Member for Euroclear or CEDEL or both, as the case may be) a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferred.by which the principal amount of the Restricted Global Security was reduced upon such transfer. (iii)
Appears in 1 contract
Samples: Indenture (Rite Aid Corp)
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a the Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTCthe Depositary, Euroclear and CEDEL, in each case to the extent applicable (the “"Applicable Procedures”"), only in accordance with the provisions of this Section 2.16(a)(ii2.5(b)(2). Upon receipt by the Registrar Trustee, as Security Registrar, at its office in The City of New York of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a the Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and, if applicable, the Euroclear or CEDEL account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 C given by the Holder holder of such beneficial interest, the principal amount of a Restricted Global Trustee, as Security Registrar, shall be reduced, and instruct the Depositary to reduce the principal amount of a the Restricted Global Security, and to increase the principal amount of the Regulation S Global Security shall be increasedSecurity, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which during the Restricted Period shall be the Agent Member for Euroclear or CEDEL or both, as the case may be) a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferredby which the principal amount of the Restricted Global Security was reduced upon such transfer.
Appears in 1 contract
Restricted Global Security to Regulation S Global Security. If the Holder of a beneficial interest in a the Restricted Global Security wishes at any time wishes to exchange its interest in such Restricted Global Security for an interest in the Regulation S Global Security, or to transfer its interest in such interest Restricted Global Security to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer or exchange may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), effected only in accordance with this clause (iv) and the provisions of this Section 2.16(a)(ii)Applicable Procedures. Upon receipt by the Registrar of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Registrar to credit or cause to be credited to a specified Agent Member’s account a beneficial an interest in a the Regulation S Global Security in a specified principal amount equal and to that of the beneficial cause to be debited an interest in a the Restricted Global Security to be so transferred; in such specified principal amount, and (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in of Exhibit C-1 F attached hereto given by the Holder of such beneficial interest, interest stating that the principal amount transfer of a Restricted such interest has been made in compliance with the transfer restrictions applicable to the Global Security shall be reduced, Securities and the principal amount of a (x) pursuant to and in accordance with Regulation S Global or (y) that the Security being transferred is being transferred in a transaction permitted by Rule 144, then the Registrar shall instruct the Depositary to reduce or cause to be increased, by reduced the principal amount of the beneficial Restricted Global Security and to increase or cause to be increased the principal amount of the Regulation S Global Security by the aggregate principal amount of the interest in a the Restricted Global Security to be so exchanged or transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a the Regulation S Global Security having a principal amount equal to the principal amount so transferredby which the amount of the Restricted Global Security was reduced upon such exchange or transfer.
Appears in 1 contract
Samples: Indenture (BMCA Quakertown Inc.)
Restricted Global Security to Regulation S Global Security. If the Holder of a beneficial interest in a Restricted Dollar Denominated Global Security of any series wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a Regulation S Dollar Denominated Global SecuritySecurity of such series, such transfer may be effected, subject to the rules and procedures of DTC, Euroclear and Clearstream, in each case to the extent applicable (the “"Applicable Procedures”"), only in accordance with the provisions of this Section 2.16(a)(ii). Upon receipt by the Dollar Registrar of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Dollar Registrar, to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Dollar Denominated Global Security in a principal amount equal to that of the beneficial interest in a Restricted Dollar Denominated Global Security to be so transferred; (B) a written writ-ten order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and, if applicable, the Euroclear or Clearstream account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 given by the Holder of such beneficial interest, the principal amount of a Restricted Dollar Denominated Global Security shall be reduced, and the principal amount of a Regulation S Dollar Denominated Global Security shall be increased, by the principal amount of the beneficial interest in a Restricted Dollar Denominated Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Dollar Registrar, and the Dollar Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which shall be the Agent Member for Euroclear or Clearstream or both, as the case may be) a beneficial interest in a Regulation S Dollar Denominated Global Security having a principal amount equal to the amount so transferred.
Appears in 1 contract
Samples: Indenture (Lyondell Chemical Co)
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a Restricted Global Security wishes at any time to transfer such interest to a Person person who wishes to take delivery thereof in the form of a beneficial interest in a Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTCthe Depositary for such Global Security, Euroclear and Cedel, in each case to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii305(c)(5)(ii). Upon receipt by the Registrar Trustee, as Security Registrar, at the Corporate Trust Office of (A1) written instructions given in accordance with the Applicable Procedures from a member of, or participant in, the Depositary for such Global Security (each, an “Agent Member Member”) directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s account a beneficial interest in a Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B2) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and the Euroclear or Cedel account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C3) a certificate in substantially the form set forth in Exhibit C-1 or contemplated by Section 311(a) given by the Holder holder of such beneficial interest, the principal amount of a Restricted Global Trustee, as Security Registrar, shall be reduced, and instruct the Depositary for such Securities to reduce the principal amount of a the Restricted Global Security, and to increase the principal amount of the Regulation S Global Security shall be increasedSecurity, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person person specified in such instructions (which shall be the Agent Member for Euroclear or Cedel or both, as the case may be) a beneficial interest in a the Regulation S Global Security having a principal amount equal to the amount so transferredby which the principal amount of the Restricted Global Security was reduced upon such transfer.
Appears in 1 contract
Samples: Indenture (Rinker Group LTD)
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global SecuritySecurity of the same series, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii3.5(b)(4). Upon receipt by the Registrar Trustee, as Security Registrar, at its office in The City of New York of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Global Security in a principal amount equal to that of the beneficial interest in a the Restricted Global Security of the same series to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and, if applicable, the Euroclear or CEDEL account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 Annex A-2 given by the Holder holder of such beneficial interest, the principal amount of a Restricted Global Trustee, as Security Registrar, shall be reduced, and instruct the U.S. Depository to reduce the principal amount of a the applicable Restricted Global Security, and to increase the principal amount of the Regulation S Global Security shall be increasedof the same series, by the principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which during the Restricted Period shall be the Agent Member for Euroclear or CEDEL or both, as the case may be) a beneficial interest in a the Regulation S Global Security of the same series having a principal amount equal to the amount so transferredby which the principal amount of the Restricted Global Security was reduced upon such transfer.
Appears in 1 contract
Samples: Indenture (Levi Strauss & Co)
Restricted Global Security to Regulation S Global Security. If the Holder of a beneficial interest in a Restricted Global Security of any series wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a Regulation S Global SecuritySecurity of such series, such transfer may be effected, subject to the rules and procedures of DTC, DTC to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii). Upon receipt by the Registrar of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, to credit or cause to be credited to a specified Agent Member’s account a beneficial interest in a Regulation S Global Security in a principal amount at maturity equal to that of the beneficial interest in a Restricted Global Security to be so transferred; (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 given by the Holder of such beneficial interest, the principal amount at maturity of a Restricted Global Security shall be reduced, and the principal amount at maturity of a Regulation S Global Security shall be increased, by the principal amount at maturity of the beneficial interest in a Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a Regulation S Global Security having a principal amount at maturity equal to the amount so transferred.
Appears in 1 contract
Samples: Indenture (Alta One Inc.)
Restricted Global Security to Regulation S Global Security. If the Holder holder of a beneficial interest in a Restricted Global Security wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a the Regulation S Global Security, such transfer may be effected, subject to the rules and procedures of DTC, to the extent applicable (the “Applicable Procedures”), only in accordance with the provisions of this Section 2.16(a)(ii3.5(b)(iv). Upon receipt by the Registrar Trustee, as Security Registrar, of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, Trustee to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Global Security in a an aggregate principal amount equal to that of the beneficial interest in a the Restricted Global Security to be so transferred; , (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and, if applicable, the Euroclear or Clearstream account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 ANNEX A-2 given by the Holder holder of such beneficial interest, the Trustee, as Security Registrar, shall instruct the Depositary to reduce the aggregate principal amount of a the applicable Restricted Global Security shall be reducedSecurity, and to increase the aggregate principal amount of a the Regulation S Global Security shall be increasedSecurity, by the aggregate principal amount of the beneficial interest in a the Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest in a the Regulation S Global Security having a an aggregate principal amount equal to the amount so transferredby which the aggregate principal amount of the Restricted Global Security was reduced upon such transfer.
Appears in 1 contract
Samples: Abitibi Consolidated Inc
Restricted Global Security to Regulation S Global Security. If the Holder of a beneficial interest in a Restricted Global Security of any series wishes at any time to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in a Regulation S Global SecuritySecurity of such series, such transfer may be effected, subject to the rules and procedures of DTC, Euroclear and Clearstream, in each case to the extent applicable (the “"Applicable Procedures”"), only in accordance with the provisions of this Section 2.16(a)(ii). Upon receipt by the Registrar of (A) written instructions given in accordance with the Applicable Procedures from an Agent Member directing the Registrar, to credit or cause to be credited to a specified Agent Member’s 's account a beneficial interest in a Regulation S Global Security in a principal amount equal to that of the beneficial interest in a Restricted Global Security to be so transferred; (B) a written order given in accordance with the Applicable Procedures containing information regarding the account of the Agent Member (and/or the Euroclear or Clearstream account, as the case may be) to be credited with, and the account of the Agent Member to be debited for, such beneficial interest and (C) a certificate in substantially the form set forth in Exhibit C-1 given by the Holder of such beneficial interest, the principal amount of a Restricted Global Security shall be reduced, and the principal amount of a Regulation S Global Security shall be increased, by the principal amount of the beneficial interest in a Restricted Global Security to be so transferred, in each case by means of an appropriate adjustment on the records of the Registrar, and the Registrar shall instruct DTC or its authorized representative to make a corresponding adjustment to its records and to credit or cause to be credited to the account of the Person specified in such instructions (which shall be the Agent Member for Euroclear or Clearstream or both, as the case may be) a beneficial interest in a Regulation S Global Security having a principal amount equal to the amount so transferred.
Appears in 1 contract
Samples: Huntsman Advanced Materials (UK) LTD