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

Transfer and Exchange of Definitive Securities for Beneficial Interests in Global Securities. If any holder of a Definitive Security that is a QIB proposes to exchange such Security for a beneficial interest in a Global Security or if a holder proposes to transfer such Definitive Security to a QIB who takes delivery thereof in the form of a beneficial interest in a Global Security, then, upon receipt by the Registrar of the following documentation: (A) if the holder of such Definitive Security proposes to exchange such Security for a beneficial interest in a Global Security, a certificate from such holder in the form of Appendix C hereto, including the certifications in item (1)(b) thereof; or (B) if such Definitive Security is being transferred to a QIB in accordance with Rule 144A, a certificate to the effect set forth in Appendix B hereto, including the certifications in item (1) thereof. the Trustee shall cancel the Definitive Security, increase or cause to be increased in a corresponding amount pursuant to Section 2.3(g) hereof the aggregate principal amount of the appropriate Global Security.