Common use of Special Situations When a Global Security Will Be Terminated Clause in Contracts

Special Situations When a Global Security Will Be Terminated. In a few special situations described below, a global security will terminate and interests in it will be exchanged for physical certificates representing those interests. After that exchange, the choice of whether to hold securities directly or in street name will be up to the investor. Investors must consult their own banks or brokers to find out how to have their interests in securities transferred to their own names, so that they will be direct holders. We have described the rights of holders and street name investors above. Unless we provide otherwise in the applicable prospectus supplement, the global security will terminate when the following special situations occur: • if the depositary notifies us that it is unwilling, unable or no longer qualified to continue as depositary for that global security and we do not appoint another institution to act as depositary within 90 days; • if we notify any applicable trustee that we wish to terminate that global security; or • if an event of default has occurred with regard to securities represented by that global security and has not been cured or waived. The applicable prospectus supplement may also list additional situations for terminating a global security that would apply only to the particular series of securities covered by the prospectus supplement. When a global security terminates, the depositary, and neither we nor any applicable trustee, is responsible for deciding the names of the institutions that will be the initial direct holders.

Appears in 2 contracts

Samples: Prospectus Supplement, www.kezarlifesciences.com

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Special Situations When a Global Security Will Be Terminated. In a few special situations described below, a the global security will terminate and interests in it will be exchanged for physical certificates representing those interests. After that exchange, the choice of whether to hold securities directly or in street name will be up to the investor. Investors must consult their own banks banks, brokers or brokers other financial institutions to find out how to have their interests in securities transferred to their own namesname, so that they will be direct holders. We have described the rights of holders and street name investors above. Unless we provide otherwise in the applicable prospectus supplement, the global security will terminate when the following special situations occur: • if the depositary notifies us that it is unwilling, unable or no longer qualified to continue as depositary for that global security and we do not appoint another institution to act as depositary within 90 days; • if we notify any applicable trustee that we wish to terminate that global security; or • if an event of default has occurred with regard to securities represented by that global security and has not been cured or waived. The applicable prospectus supplement may also list additional situations for terminating a global security that would apply only to the particular series of securities covered by the applicable prospectus supplement. When a global security terminates, the depositary, and neither not we nor or any applicable trustee, is responsible for deciding the names of the institutions that will be the initial direct holders.

Appears in 2 contracts

Samples: ir.ocuphire.com, ir.atreca.com

Special Situations When a Global Security Will Be Terminated. In a few special situations described below, a global security will terminate and interests in it will be exchanged for physical certificates representing those interests. After that exchange, the choice of whether to hold securities directly or in street name will be up to the investor. Investors must consult their own banks or brokers to find out how to have their interests in securities transferred to their own namesname, so that they will be direct holders. We have described the rights of holders and street name investors above. Unless we provide otherwise in the applicable prospectus supplement, the A global security will terminate when the following special situations occur: • if the depositary notifies us that it is unwilling, unable or no longer qualified to continue as depositary for that global security and we do not appoint another institution to act as depositary within 90 days; • if we notify any applicable trustee that we wish to terminate that global security; or • if an event of default has occurred with regard to securities represented by that global security and has not been cured or waived. The applicable prospectus supplement or a free writing prospectus may also list additional situations for terminating a global security that would apply only to the particular series of securities covered by the prospectus supplementsupplement or a free writing prospectus. When a global security terminates, the depositary, and neither not we nor or any applicable trustee, is responsible for deciding the names of the institutions that will be the initial direct holders.

Appears in 2 contracts

Samples: ir.frtx.com, ir.frtx.com

Special Situations When a Global Security Will Be Terminated. In a few special situations described below, a the global security will terminate and interests in it will be exchanged for physical certificates representing those interests. After that exchange, the choice of whether to hold securities directly or in street name will be up to the investor. Investors must consult their own banks banks, brokers or brokers other financial institutions to find out how to have their interests in securities transferred to their own namesname, so that they will be direct holders. We have described the rights of holders and street name investors above. Unless we provide otherwise in the any applicable prospectus supplement, the global security will terminate when the following special situations occur: · if the depositary notifies us that it is unwilling, unable or no longer qualified to continue as depositary for that global security and we do not appoint another institution to act as depositary within 90 days; · if we notify any applicable trustee that we wish to terminate that global security; or · if an event of default has occurred with regard to securities represented by that global security and such default has not been cured or waived. The applicable prospectus supplement may also list additional situations for terminating a global security that would apply only to the particular series of securities covered by the any applicable prospectus supplement. When a global security terminates, the depositary, and neither not we nor or any applicable trustee, is responsible for deciding the names of the institutions that will be the initial direct holders.. 27

Appears in 2 contracts

Samples: ir.syntheticbiologics.com, ir.syntheticbiologics.com

Special Situations When a Global Security Will Be Terminated. In a few special situations described below, a the global security will terminate and interests in it will be exchanged for physical certificates representing those interests. After that exchange, the choice of whether to hold securities directly or in street name will be up to the investor. Investors must consult their own banks or brokers to find out how to have their interests in securities transferred to their own namesname, so that they will be direct holders. We have described the rights of holders and street name investors above. Unless we provide otherwise in the applicable prospectus supplement, the global security will terminate when the following special situations occur: • if the depositary notifies us that it is unwilling, unable or no longer qualified to continue as depositary for that global security and we do not appoint another institution to act as depositary within 90 days; • if we notify any applicable trustee that we wish to terminate that global security; or • if an event of default has occurred with regard to securities represented by that global security and has not been cured or waived. The applicable prospectus supplement may also list additional situations for terminating a global security that would apply only to the particular series of securities covered by the applicable prospectus supplement. When a global security terminates, the depositary, and neither not we nor or any applicable trustee, is responsible for deciding the names of the institutions that will be the initial direct holders.

Appears in 2 contracts

Samples: Prospectus Supplement, www.rigel.com

Special Situations When a Global Security Will Be Terminated. In a few special situations described below, a the global security will terminate and interests in it will be exchanged for physical certificates representing those interests. After that exchange, the choice of whether to hold securities directly or in street name will be up to the investor. Investors must consult their own banks banks, brokers or brokers other financial institutions to find out how to have their interests in securities transferred to their own namesname, so that they will be direct holders. We have described the rights of holders and street name investors above. Unless we provide otherwise in the any applicable prospectus supplement, the global security will terminate when the following special situations occur: • if the depositary notifies us that it is unwilling, unable or no longer qualified to continue as depositary for that global security and we do not appoint another institution to act as depositary within 90 days; • if we notify any applicable trustee that we wish to terminate that global security; or • if an event of default has occurred with regard to securities represented by that global security and has not been cured or waived. The applicable prospectus supplement may also list additional situations for terminating a global security that would apply only to the particular series of securities covered by the any applicable prospectus supplement. When a global security terminates, the depositary, and neither not we nor or any applicable trustee, is responsible for deciding the names of the institutions that will be the initial direct holders.

Appears in 1 contract

Samples: Stock

Special Situations When a Global Security Will Be Terminated. In a few special situations described below, a the global security will terminate and interests in it will be exchanged for physical certificates representing those interests. After that exchange, the choice of whether to hold securities directly or in street name will be up to the investor. Investors must consult their own banks or brokers to find out how to have their interests in securities transferred to their own namesname, so that they will be direct holders. We have described the rights of holders and street name investors above. Unless we provide otherwise in the applicable prospectus supplement, the global security will terminate when the following special situations occur: • if the depositary notifies us that it is unwilling, unable or no longer qualified to continue as depositary for that global security and we do not appoint another institution to act as depositary within 90 days; • if we notify any applicable trustee that we wish to terminate that global security; or • if an event of default has occurred with regard to securities represented by that global security and has not been cured or waived. The applicable prospectus supplement may also list additional situations for terminating a global security that would apply only to the particular theparticular series of securities covered by the applicable prospectus supplement. When a global security terminates, the depositary, and neither not we nor or any applicable trustee, is responsible for deciding the names of the institutions that will be the initial direct holders.

Appears in 1 contract

Samples: ir.scynexis.com

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Special Situations When a Global Security Will Be Terminated. In a few special situations described below, a the global security will terminate and interests in it will be exchanged for physical certificates representing those interests. After that exchange, the choice of whether to hold securities directly or in street name will be up to the investor. Investors must consult their own banks banks, brokers or brokers other financial institutions to find out how to have their interests in securities transferred to their own namesname, so that they will be direct holders. We have described the rights of holders and street name investors above. Unless we provide otherwise in the any applicable prospectus supplement, the global security will terminate when the following special situations occur: if the depositary notifies us that it is unwilling, unable or no longer qualified to continue as depositary for that global security and we do not appoint another institution to act as depositary within 90 days; if we notify any applicable trustee that we wish to terminate that global security; or if an event of default has occurred with regard to securities represented by that global security and has not been cured or waived. The applicable prospectus supplement may also list additional situations for terminating a global security that would apply only to the particular series of securities covered by the any applicable prospectus supplement. When a global security terminates, the depositary, and neither not we nor or any applicable trustee, is responsible for deciding the names of the institutions that will be the initial direct holders.

Appears in 1 contract

Samples: investor.inuvo.com

Special Situations When a Global Security Will Be Terminated. In a few special situations described below, a the global security will terminate and interests in it will be exchanged for physical certificates representing those interests. After that exchange, the choice of whether to hold securities directly or in street name will be up to the investor. Investors must consult their own banks or brokers to find out how to have their interests in securities transferred to their own namesname, so that they will be direct holders. We have described the rights of the holders and street name investors above. Unless we provide otherwise in the applicable prospectus supplement, the global security will terminate when the following special situations occur: • if the depositary notifies us that it is unwilling, unable or no longer qualified to continue as depositary for that global security and we do not appoint another institution to act as depositary within 90 days; • if we notify any applicable trustee that we wish to terminate that global security; or • if an event of default has occurred with regard to securities represented by that global security and has not been cured or waived. The applicable prospectus supplement may also list additional situations for terminating a global security that would apply only to the particular series of securities covered by the applicable prospectus supplement. When a global security terminates, the depositary, and neither not we nor or any applicable trustee, is responsible for deciding the names of the institutions that will be the initial direct holders.

Appears in 1 contract

Samples: dnabilize.com

Special Situations When a Global Security Will Be Terminated. In a few special situations described below, a global security will terminate and interests in it will be exchanged for physical certificates representing those interests. After that exchange, the choice of whether to hold securities directly or in street name will be up to the investor. Investors must consult their own banks or brokers to find out how to have their interests in securities transferred to their own names, so that they will be direct holders. We have described the rights of holders and street name investors above. Unless we provide otherwise in the applicable prospectus supplement, the a global security will terminate when the following special situations occur: if the depositary notifies us that it is unwilling, unable or no longer qualified to continue as depositary for that global security and we do not appoint another institution to act as depositary within 90 days; if we notify any applicable trustee that we wish to terminate that global security; or if an event of default has occurred with regard to securities represented by that global security and has not been cured or waived. The applicable prospectus supplement may also list additional situations for terminating a global security that would apply only to the particular series of securities covered by the prospectus supplement. When a global security terminates, the depositary, and neither we nor any applicable trustee, is responsible for deciding the names of the institutions that will be the initial direct holders.

Appears in 1 contract

Samples: ir.oragenics.com

Special Situations When a Global Security Will Be Terminated. In a few special situations described below, a the global security will terminate and interests in it will be exchanged for physical certificates representing those interests. After that exchange, the choice of whether to hold securities directly or in street name will be up to the investor. Investors must consult their own banks or brokers to find out how to have their interests in securities transferred to their own namesname, so that they will be direct holders. We have described the rights of holders and street name investors above. Unless we provide otherwise in the applicable prospectus supplement, the global security will terminate when the following special situations occur: · if the depositary notifies us that it is unwilling, unable or no longer qualified to continue as depositary for that global security and we do not appoint another institution to act as depositary within 90 days; · if we notify any applicable trustee that we wish to terminate that global security; or · if an event of default has occurred with regard to securities represented by that global security and has not been cured or waived. The applicable prospectus supplement may also list additional situations for terminating a global security that would apply only to the particular series of securities covered by the applicable prospectus supplement. When a global security terminates, the depositary, and neither not we nor or any applicable trustee, is responsible for deciding the names of the institutions that will be the initial direct holders.

Appears in 1 contract

Samples: www.resonant.com

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