Common use of Transfers of Global Clause in Contracts

Transfers of Global. Securities shall be limited to transfers in whole, but not in part, to the Depository, its successors or their respective nominees. Interests of beneficial owners in the Global Securities may be transferred or exchanged for Physical Securities in accordance with the rules and procedures of the Depository and the provisions of Section 2.16; provided, however, that Physical Securities shall be transferred to all beneficial owners in exchange for their beneficial interests in Global Securities if (i) the Depository notifies Holdings that it is unwilling or unable to continue as Depository for any Global Security and a successor Depository is not appointed by Holdings within 90 days of such notice or (ii) an Event of Default has occurred and is continuing and the Registrar has received a request from the Depository to issue Physical Securities.

Appears in 4 contracts

Samples: Indenture (Lin Television Corp), Indenture (Rab Enterprises Inc), Indenture (Manischewitz B Co LLC)

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Transfers of Global. Securities shall be limited to transfers in whole, but not in part, to the Depository, its successors or their respective nominees. Interests of beneficial owners in the Global Securities may be transferred or exchanged for Physical Securities in accordance with the rules and procedures of the Depository and the provisions of Section 2.16; provided, however, that Physical Securities shall be transferred to all beneficial owners in exchange for their beneficial interests in Global Securities if (i) the Depository notifies Holdings the Company that it is unwilling or unable to continue as Depository for any Global Security and a successor Depository is not appointed by Holdings the Company within 90 days of such notice or (ii) an Event of Default has occurred and is continuing and the Registrar has received a request from the Depository to issue Physical Securities.

Appears in 3 contracts

Samples: Indenture (Manischewitz B Co LLC), Indenture (WTNH Broadcasting Inc), Indenture (Roma Fort Worth Inc)

Transfers of Global. Securities shall be limited to transfers in whole, but not in part, to the Depository, its successors or their respective nominees. Interests of beneficial owners in the Global Securities may be transferred or exchanged for Physical Securities in accordance with the rules and procedures of the Depository and the provisions of Section 2.16; provided. In addition, however, that Physical Securities shall be transferred to all beneficial owners in exchange for their beneficial interests in Global Securities if (i) the Depository notifies Holdings the Company that it is unwilling or unable to continue as Depository for any Global Security and a successor Depository is not appointed by Holdings the Company within 90 days of such notice or (ii) an Event of Default has occurred and is continuing and the Registrar has received a request from the Depository to issue Physical Securities.

Appears in 2 contracts

Samples: Indenture (Leslies Poolmart Inc), Indenture (Building One Services Corp)

Transfers of Global. Securities shall be limited to transfers in whole, but not in part, to the Depository, its successors or their respective nominees. Interests of beneficial owners in the Global Securities may be transferred or exchanged for Physical Securities in accordance with the rules and procedures of the Depository and the provisions of Section 2.16; provided. In addition, however, that Physical Securities shall be transferred to all beneficial owners in exchange for their beneficial interests in Global Securities if (i) the Depository notifies Holdings the Company that it is unwilling or unable to continue as Depository for any Global Security and a successor Depository depositary is not appointed by Holdings the Company within 90 days of such notice or (ii) an Event of Default has occurred and is continuing and the Registrar has received a request from the Depository to issue Physical Securities.

Appears in 2 contracts

Samples: Indenture (Tenneco Automotive Inc), Indenture (Tenneco Automotive Inc)

Transfers of Global. Securities shall be limited to transfers in whole, but not in part, to the Depository, its successors or their respective nominees. Interests of beneficial owners in the Global Securities may be transferred or exchanged for Physical Securities in accordance with the rules and procedures of the Depository and the provisions of Section 2.16; provided. In addition, however, that Physical Securities shall be transferred to all beneficial owners in exchange for their beneficial interests inter- ests in Global Securities if (i) the Depository notifies Holdings the Company that it is unwilling or unable to continue as Depository for any Global Security and a successor Depository is not appointed by Holdings the Company within 90 days of such notice or (ii) an Event of Default has occurred and is continuing and the Registrar has received a written request from the Depository to issue Physical Securities.

Appears in 2 contracts

Samples: Indenture (Building One Services Corp), Indenture (Building One Services Corp)

Transfers of Global. Securities shall be limited to transfers in whole, but not in part, to the Depository, its successors or their respective nominees. Interests of beneficial owners in the Global Securities may be transferred or exchanged for Physical Securities in accordance with the rules and procedures of the Depository and the provisions of Section 2.16; provided2.17. In addition, however, that Physical Securities shall be transferred to all beneficial owners in exchange for their beneficial interests in Global Securities if (i) the Depository notifies Holdings the Company that it is unwilling or unable to continue as Depository for any Global Security and a successor Depository is not appointed by Holdings the Company within 90 days of such notice or (ii) an Event of Default has occurred and is continuing and the Registrar has received a written request from the Depository or the Trustee to issue Physical Securities.

Appears in 1 contract

Samples: Indenture (Unilab Corp /De/)

Transfers of Global. Securities shall be limited to transfers in whole, but not in part, to the Depository, its successors or their respective nominees. Interests of beneficial owners in the any Global Securities Security may be transferred or or, subject to Section 2.01, exchanged for Physical Securities in accordance with the rules and procedures of the Depository and the provisions of Section 2.16; provided. In addition, however, that Physical Securities shall be transferred to all beneficial owners in exchange for their beneficial interests in any Global Securities if Security if (i) the Depository notifies Holdings the Company that it is unwilling or unable to continue as Depository for any the Global Security Securities and a successor Depository depositary is not appointed by Holdings the Company within 90 days of such notice or (ii) an Event of Default has occurred and is continuing and the Registrar has received a written request from the Depository or the Trustee to issue Physical Securities.

Appears in 1 contract

Samples: Indenture (Pacer Express Inc)

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Transfers of Global. Securities shall be limited to transfers in whole, but not in part, to the DepositoryDepositary, its successors or their respective nominees. Interests of beneficial owners in the Global Securities may be transferred or exchanged for Physical Securities in accordance with the rules and procedures of the Depository Depositary and the provisions of Section 2.16; provided, however, that Physical Securities shall be transferred to all beneficial owners in exchange for their beneficial interests in Global Securities if (i) the Depository Depositary notifies Holdings the Company that it is unwilling or unable to continue as Depository Depositary for any Global Security and a successor Depository Depositary is not appointed by Holdings the Company within 90 days of such notice or (ii) an Event of Default has occurred and is continuing and the Registrar has received a request from the Depository Depositary to issue Physical Securities.

Appears in 1 contract

Samples: Indenture (Falcon Products Inc /De/)

Transfers of Global. Securities shall be limited to transfers in whole, but not in part, to the Depository, its successors or their respective nominees. Interests of beneficial owners in the Global Securities may be transferred or exchanged ex- changed for Physical Securities in accordance with the rules and procedures of the Depository and the provisions of Section 2.16; provided. In addition, however, that Physical Securities shall be transferred to all beneficial owners in exchange for their beneficial interests in Global Securities if (i) the Depository notifies Holdings the Company that it is unwilling or unable to continue as Depository for any Global Security and a successor Depository is not appointed by Holdings the Company within 90 days of such notice or (ii) an Event of Default has occurred and is continuing and the Registrar has received a written request from the Depository to issue Physical Securities.

Appears in 1 contract

Samples: Indenture (Encompass Services Corp)

Transfers of Global. Securities shall be limited to transfers in whole, but not in part, to the Depository, its successors or their respective nominees. Interests of beneficial owners in the any Global Securities Security may be transferred or or, subject to Section 2.01, exchanged for Physical Securities in accordance with the rules and procedures of the Depository and the provisions of Section 2.16; provided. In addition, however, that Physical Securities shall be transferred to all beneficial owners in exchange for their beneficial interests in any Global Securities Security if (i) the Depository notifies Holdings the Company that it is unwilling or unable to continue as Depository for any the Global Security Securities and a successor Depository depositary is not appointed by Holdings the Company within 90 days of such notice or (ii) an Event of Default has occurred and is continuing and the Registrar has received a written request from the Depository or the Trustee to issue Physical Securities.

Appears in 1 contract

Samples: Indenture (MTL Inc)

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