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

Transfer or Exchange of Beneficial Interests for Definitive Notes. The holder of a beneficial interest in a Global Note may exchange such beneficial interest for a Definitive Note or transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive Note only in which event such owner of such beneficial interest shall instruct the Depositary (or shall cause the appropriate participant to direct the Depositary) in accordance with the Applicable Procedures to instruct the Trustee to reduce the aggregate principal amount of the Global Note by the applicable amount of such exchange or transfer and to issue in exchange therefore a Definitive Note or Notes in such aggregate amount and registered as provided in such instruction; and upon the Trustee’s receipt of such instruction from the Depositary (or from the applicable Participant or beneficial owner pursuant to the Depositary’s proxy procedures), the Trustee to, and the Trustee shall, cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g) hereof, and the Issuers shall execute and the Trustee shall authenticate and deliver, in both cases in accordance with Section 2.02 hereof, to the Person designated in such instruction a Definitive Note in the appropriate principal amount. Any Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(c) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall mail or deliver such Definitive Notes to the Persons in whose names such Notes are so registered

Transfer or Exchange of Beneficial Interests for Definitive Notes. The holder If any one of the events listed in clause (1) of Section 2.06(a) has occurred or the Issuer has elected pursuant to Section 2.06(a) to cause the issuance of Definitive Notes, transfers or exchanges of beneficial interests in a Global Note for a Definitive Note shall be effected. If any Holder of a beneficial interest in a Global Note may proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive Note only in which event such owner of such beneficial interest shall instruct the Depositary (or shall cause the appropriate participant to direct the Depositary) in accordance with the Applicable Procedures to instruct Note, then the Trustee to reduce the aggregate principal amount of the Global Note by the applicable amount of such exchange or transfer and to issue in exchange therefore a Definitive Note or Notes in such aggregate amount and registered as provided in such will, upon instruction; and upon the Trustee’s receipt of such instruction from the Depositary (or from the applicable Participant or beneficial owner pursuant to the Depositary’s proxy procedures), the Trustee to, and the Trustee shall, cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g) hereof, and the Issuers shall Issuer will execute and and, upon receipt of an Authentication Order, the Trustee shall will authenticate and deliver, in both cases in accordance with Section 2.02 hereof, deliver to the Person designated in such the instruction to the Trustee a Definitive Note in the appropriate principal amount. Any Definitive Note Notes issued in exchange for a beneficial interest pursuant to this Section 2.06(c) shall will be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct requests through instructions to the Registrar from or through instructions from the applicable Depositary and the Participant or Indirect Participant. The Trustee shall mail or will deliver such Definitive Notes to the Persons in whose names such Notes are so registered.

Transfer or Exchange of Beneficial Interests for Definitive Notes. The holder If any one of the events listed in clauses (1) to (2) of Section 2.06(a) has occurred or the Issuer has elected pursuant to Section 2.06(a) to cause the issuance of Definitive Notes, transfers or exchanges of beneficial interests in a Global Note for a Definitive Note shall be effected. If any Holder of a beneficial interest in a Global Note may proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive Note only in which event such owner of such beneficial interest shall instruct the Depositary (or shall cause the appropriate participant to direct the Depositary) in accordance with the Applicable Procedures to instruct Note, then the Trustee to reduce the aggregate principal amount of the Global Note by the applicable amount of such exchange or transfer and to issue in exchange therefore a Definitive Note or Notes in such aggregate amount and registered as provided in such will, upon instruction; and upon the Trustee’s receipt of such instruction from the Depositary (or from the applicable Participant or beneficial owner pursuant to the Depositary’s proxy procedures), the Trustee to, and the Trustee shall, cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g) hereof, and the Issuers shall Issuer will execute and and, upon receipt of an Authentication Order, the Trustee shall will authenticate and deliver, in both cases in accordance with Section 2.02 hereof, deliver to the Person designated in such the instruction to the Trustee a Definitive Note in the appropriate principal amount. Any Definitive Note Notes issued in exchange for a beneficial interest pursuant to this Section 2.06(c) shall will be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct requests through instructions to the Registrar from or through instructions from the applicable Depositary and the Participant or Indirect Participant. The Trustee shall mail or will deliver such Definitive Notes to the Persons in whose names such Notes are so registered.

Transfer or Exchange of Beneficial Interests for Definitive Notes. The holder If any one of the events listed in clauses (1) to (2) of Section 2.06(a) has occurred or the Issuer has elected pursuant to Section 2.06(a) to cause the issuance of Definitive Notes, transfers or exchanges of beneficial interests in a Global Note for a Definitive Note shall be effected. If any Holder of a beneficial interest in a Global Note may proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive Note only in which event such owner of such beneficial interest shall instruct the Depositary (or shall cause the appropriate participant to direct the Depositary) in accordance with the Applicable Procedures to instruct Note, then the Trustee to reduce the aggregate principal amount of the Global Note by the applicable amount of such exchange or transfer and to issue in exchange therefore a Definitive Note or Notes in such aggregate amount and registered as provided in such will, upon instruction; and upon the Trustee’s receipt of such instruction from the Depositary (or from the applicable Participant or beneficial owner pursuant to the Depositary’s proxy procedures), the Trustee to, and the Trustee shall, cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g) hereof, and the Issuers shall Issuer will execute and and, upon receipt of an Authentication Order, the Trustee shall will authenticate and deliver, in both cases in accordance with Section 2.02 hereof, deliver to the Person designated in such the instruction to the Trustee a Definitive Note in the appropriate principal amount. Any Definitive Note Notes issued in exchange for a beneficial interest pursuant to this Section 2.06(c) shall will be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct requests through instructions to the Registrar from or through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall mail or will deliver such Definitive Notes to the Persons in whose names such Notes are so registered.

Transfer or Exchange of Beneficial Interests for Definitive Notes. The holder If any one of the events listed in clauses (1) to (3) of Section 2.06(a) has occurred or the Issuer has elected pursuant to Section 2.06(a) to cause the issuance of Definitive Notes, transfers or exchanges of beneficial interests in a Global Note for a Definitive Note shall be effected. If any Holder of a beneficial interest in a Global Note may proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive Note only in which event such owner of such beneficial interest shall instruct the Depositary (or shall cause the appropriate participant to direct the Depositary) in accordance with the Applicable Procedures to instruct Note, then the Trustee to reduce the aggregate principal amount of the Global Note by the applicable amount of such exchange or transfer and to issue in exchange therefore a Definitive Note or Notes in such aggregate amount and registered as provided in such will, upon instruction; and upon the Trustee’s receipt of such instruction from the Depositary (or from the applicable Participant or beneficial owner pursuant to the Depositary’s proxy procedures), the Trustee to, and the Trustee shall, cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g) hereof, and the Issuers shall Issuer will execute and and, upon receipt of an Authentication Order, the Trustee shall will authenticate and deliver, in both cases in accordance with Section 2.02 hereof, deliver to the Person designated in such the instruction to the Trustee a Definitive Note in the appropriate principal amount. Any Definitive Note Notes issued in exchange for a beneficial interest pursuant to this Section 2.06(c) shall will be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct requests through instructions to the Registrar from or through instructions from the applicable Depositary and the Participant or Indirect Participant. The Trustee shall mail or will deliver such Definitive Notes to the Persons in whose names such Notes are so registered.