Common use of Transfers and Exchanges of Beneficial Interests in a Global Security for Beneficial Interests in the other Global Security Clause in Contracts

Transfers and Exchanges of Beneficial Interests in a Global Security for Beneficial Interests in the other Global Security. In connection with all transfers and exchanges of beneficial interests in a Global Security for beneficial interests in the other Global Security, the transferor of such beneficial interest must deliver to the Registrar (A) a written order from a Participant given to the Depository in accordance with the Applicable Procedures directing the Depository to credit or cause to be credited a beneficial interest in the applicable Global Security in an amount equal to the beneficial interest to be transferred or exchanged, (B) instructions given in accordance with the Applicable Procedures containing information regarding the Participant account to be credited with such increase, and (C) the documentation required by Section 3.5(e) hereof. Upon satisfaction of all of the requirements for transfer or exchange of beneficial interests in Global Securities contained in this Indenture (including, without limitation, Section 3.5(e) hereof) and the Securities or otherwise applicable under the Securities Act, the Trustee shall adjust the principal amount of the relevant Global Securities pursuant to Section 3.5(f) hereof.