Common use of Transfer and Exchange of Definitive Notes for Beneficial Interests Clause in Contracts

Transfer and Exchange of Definitive Notes for Beneficial Interests. If any Holder of a Definitive Note proposes to exchange such Note for a beneficial interest in a Global Note or to transfer such Definitive Note to a Person who takes delivery thereof in the form of a beneficial interest in a Global Note, then, upon (i) delivery to the Registrar of a written order and instructions of the types described in Section 2.3(b)(ii) above and an endorsement or instrument of transfer as described in Section 2.3(e) below, and (ii) if the Definitive Note being transferred or exchanged is a Restricted Definitive Note, satisfaction of the conditions set forth in Section 2.3(f) hereof, the Trustee shall cancel the applicable Definitive Note and increase or cause to be increased the aggregate principal amount of the applicable Global Note.

Appears in 3 contracts

Samples: Indenture (Loral Space & Communications Inc.), Indenture (Loral Orion Inc), Indenture (Loral Orion Inc)

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Transfer and Exchange of Definitive Notes for Beneficial Interests. If any Holder of a Definitive Note proposes to exchange such Note for a beneficial interest in a Global Note or to transfer such Definitive Note to a Person who takes delivery thereof in the form of a beneficial interest in a Global Note, then, upon (i) delivery to the Registrar of a written order and instructions of the types described in Section 2.3(b)(ii2.06(b)(ii) above and an endorsement or instrument of transfer as described in Section 2.3(e) belowabove, and (ii) if the Definitive Note being transferred or exchanged is a Restricted Definitive Note, satisfaction of the conditions set forth in Section 2.3(f2.06(f) hereof, the Trustee shall cancel the applicable Definitive Note and increase or cause to be increased the aggregate principal amount of the applicable Global Note.

Appears in 3 contracts

Samples: Indenture (RBX Corp), Indenture (RBX Corp), Indenture (RBX Corp)

Transfer and Exchange of Definitive Notes for Beneficial Interests. If any Holder of a Definitive Note proposes to exchange such Note for a beneficial interest in a Global Note or to transfer such Definitive Note to a Person who takes delivery thereof in the form of a beneficial interest in a Global Note, then, upon (i) delivery to the Registrar of a written order and instructions of the types described in Section 2.3(b)(ii2.06(b)(ii) above and an endorsement or instrument of transfer as described in Section 2.3(e) belowabove, and (ii) if the Definitive Note being transferred or exchanged is a Restricted Definitive Note, satisfaction of the conditions set forth in Section 2.3(f2.06(f) hereof, the Trustee shall cancel the applicable Definitive Note and increase or cause to be increased the aggregate principal amount of the applicable Global Note.

Appears in 1 contract

Samples: Indenture (Sheffield Steel Corp)

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Transfer and Exchange of Definitive Notes for Beneficial Interests. If any A Holder of a Definitive Note proposes to may exchange such Note for a beneficial interest in a Global Note or to transfer such Definitive Note Notes to a Person who takes delivery thereof in the form of a beneficial interest in a Global Note, then, upon (i) delivery to the Registrar Note at any time. Upon receipt of a written order and instructions request for such an exchange or transfer together with surrender of the types described in Section 2.3(b)(ii) above and an endorsement Definitive Note to be exchanged or transferred, (and, accompanied by a written instrument or instruments of transfer as described provided in Section 2.3(e2.06(e) belowhereof, and (ii) if subject to the Definitive Note being transferred or exchanged is a Restricted Definitive Note, satisfaction of the conditions set forth in Section 2.3(f) hereofApplicable Procedures), the Trustee shall cancel the applicable Definitive Note and increase or cause to be increased the aggregate principal amount of one of the applicable Global NoteNotes pursuant to Section 2.06(g) hereof.

Appears in 1 contract

Samples: Indenture (Trump Entertainment Resorts Holdings Lp)

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