Common use of Transfer of Senior Securities Clause in Contracts

Transfer of Senior Securities. (a) The Company or its duly appointed agent shall maintain a register (the “Senior Securities Register”) for the Senior Securities in which it shall register the issuance and transfer of the Senior Securities. All transfers of the Senior Securities shall be recorded on the Senior Securities Register maintained by the Company or its agent, and the Company shall be entitled to regard the registered Holder of such Senior Security as the actual owner of the Senior Security so registered until the Company or its agent is required to record a transfer of such Senior Security on its Senior Securities Register. The Company or its agent shall, subject to applicable securities laws, be required to record any such transfer when it receives the Senior Security to be transferred duly and properly endorsed by the registered Holder or by its attorney duly authorized in writing.

Transfer of Senior Securities. (a) The Company Seller or its duly appointed agent shall maintain a register (the “Senior Securities Security Register”) for the Senior Securities in which it shall register the issuance and transfer of the Senior Securities. All transfers of the Senior Securities shall be recorded on the Senior Securities Security Register maintained by the Company Seller or its agent, and the Company Seller shall be entitled to regard the registered Holder of such Senior Security as the actual owner of the Senior Security so registered until the Company Seller or its agent is required to record a transfer of such Senior Security on its Senior Securities Security Register. The Company Seller or its agent shall, subject to applicable securities laws, be required to record any such transfer when it receives the Senior Security to be transferred duly and properly endorsed by the registered Holder or by its attorney duly authorized in writing.