Transfer of a Beneficial Interest in a Global Preferred Security for a Definitive Preferred Security Sample Clauses

Transfer of a Beneficial Interest in a Global Preferred Security for a Definitive Preferred Security. (i) Any Person having a beneficial interest in a Global Preferred Security may upon request, but only upon 20 days' prior notice to the Property Trustee, and if accompanied by the information specified below, exchange such beneficial interest for a Definitive Preferred Security representing the same number of Preferred Securities. Upon receipt by the Property Trustee from the Clearing Agency, or its nominee on behalf of any Person having a beneficial interest in a Global Preferred Security, of written instructions or such other form of instructions as is customary for the Clearing Agency, or the Person designated by the Clearing Agency as having such a beneficial interest in a Preferred Security, and a certification from the transferor (in a form substantially similar to that attached hereto as the "Form of Assignment" in Exhibit A-1), which may be submitted by facsimile, then the Property Trustee will cause the aggregate number of Preferred Securities represented by Global Preferred Securities to be reduced on its books and records and, following such reduction, the Trust will execute and the Property Trustee will authenticate and make available for delivery to the transferee a Definitive Preferred Security;