Common use of Transfers of Book-Entry Notes Clause in Contracts

Transfers of Book-Entry Notes. Subject to clauses (iii) and (iv) of this Section 4.5(a), transfers of a Book-Entry Note shall be limited to transfers of such Book-Entry Note in whole, but not in part, to nominees of the applicable Clearing Agency or Foreign Clearing Agency or to a successor Clearing Agency or Foreign Clearing Agency or such successor Clearing Agency’s or Foreign Clearing Agency’s nominee.

Appears in 3 contracts

Samples: Amerco /Nv/, Amerco /Nv/, Amerco /Nv/

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Transfers of Book-Entry Notes. Subject to clauses (iii) and (iv) of this Section 4.5(a2.9(c), transfers of a Book-Entry Note shall be limited to transfers of such Book-Entry Note in whole, but not in part, to nominees of the applicable Clearing Agency or Foreign Clearing Agency or to a successor Clearing Agency or Foreign Clearing Agency or such successor Clearing Agency’s or Foreign Clearing Agency’s nominee.

Appears in 1 contract

Samples: Cendant Corp

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