Common use of Transfer of Beneficial Interests in the Same Global Unit Clause in Contracts

Transfer of Beneficial Interests in the Same Global Unit. Beneficial interests in any Restricted Global Unit may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Unit in accordance with the transfer restrictions set forth in the Private Placement Legend; provided, however, that prior to the expiration of the Restricted Period, transfers of beneficial interests in the Regulation S Temporary Global Unit may not be made to a U.S. Person (as defined in Regulation S) or for the account or benefit of a U.S. Person (other than an Initial Purchaser). Beneficial interests in any Unrestricted Global Unit may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Unit. No written orders or instructions shall be required to be delivered to the Registrar to effect the transfers described in this Section 9(b)(1).

Appears in 3 contracts

Samples: 2022 Notes Unit Agreement (Dynegy Inc.), 2019 Notes Unit Agreement (Dynegy Inc.), 2024 Notes Unit Agreement (Dynegy Inc.)

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Transfer of Beneficial Interests in the Same Global Unit. Beneficial interests in any Restricted Global Unit may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Unit in accordance with the transfer restrictions set forth in the Private Placement Legend; provided, however, that prior to the expiration of the Restricted Period, transfers of beneficial interests in the Regulation S Temporary Global Unit may not be made to a U.S. Person (as defined in Regulation S) or for the account or benefit of a U.S. Person (other than an Initial Purchaser). Beneficial interests in any Unrestricted Global Unit may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Unit. No written orders or instructions shall be required to be delivered to the Registrar to effect the transfers described in this Section 9(b)(12.06(b)(1).

Appears in 1 contract

Samples: Indenture (Niska Gas Storage Partners LLC)

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