Common use of Transfer and Exchange; Cancellation Clause in Contracts

Transfer and Exchange; Cancellation. (a) The Trustee agrees with the Issuer that the Trustee shall keep a register (herein referred to as the “Register”) in which provisions shall be made for the registration of Securities and the registration of transfers of Securities and a record of the dates and payments made with respect to the Securities. The Register shall be kept at the Corporate Trust Office, and the Trustee is hereby appointed “Registrar” for the purpose of registering Securities and transfers of Securities as herein provided. A Holder may transfer a Security only by written application to the Registrar stating the name of the proposed transferee and otherwise complying with the terms of this Indenture, including, without limitation, the provisions of this Section 2.07. No such transfer shall be effective until, and such transferee shall succeed to the rights of a Holder only upon, final acceptance and registration of the transfer by the Registrar in the Register.

Appears in 2 contracts

Samples: Trust Indenture (Aircastle LTD), Trust Indenture (Aircastle LTD)

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Transfer and Exchange; Cancellation. (a) The Trustee agrees with the Issuer that the Trustee shall keep a register (herein referred to as the "Register") in which provisions shall be made for the registration of Securities and the registration of transfers of Securities and a record of the dates and payments made with respect to the Securities. The Register shall be kept at the Corporate Trust Office, and the Trustee is hereby appointed "Registrar" for the purpose of registering Securities and transfers of Securities as herein provided. A Holder may transfer a Security only by written application to the Registrar stating the name of the proposed transferee and otherwise complying with the terms of this Indenture, including, without limitation, the provisions of this Section 2.07. No such transfer shall be effective until, and such transferee shall succeed to the rights of a Holder only upon, final acceptance and registration of the transfer by the Registrar in the Register.

Appears in 2 contracts

Samples: Trust Indenture (Aircastle LTD), Trust Indenture (Aircastle LTD)

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