Common use of Who May be Deemed Owners Clause in Contracts

Who May be Deemed Owners. Prior to the due presentment for registration of transfer of any Note, the Company, the Trustee, any Paying Agent and any Registrar may deem and treat the Person in whose name such Note shall be registered upon the books of the Company as the absolute owner of such Note (whether or not such Note shall be overdue and notwithstanding any notice of ownership or writing thereon made by anyone other than the Registrar) for the purpose of receiving payment of or on account of the principal of, premium, if any, and (subject to Section 2.03) interest on such Note and for all other purposes; and neither the Company nor the Trustee nor any Paying Agent nor any Registrar shall be affected by any notice to the contrary. So long as the Depositary, or its nominee, is the registered owner of a Global Note, the Depositary or its nominee, as the case may be, shall be considered the sole owner or holder of the Notes represented by the Global Note for all purposes under this Indenture and under the Notes. Ownership of beneficial interests in a Global Note will be shown on, and the transfer of ownership interests will be effected only through, records maintained by the Depositary, with respect to interests of Participants, and on the records of Participants, with respect to interests of persons holding through Participants.

Appears in 2 contracts

Samples: Indenture (Nutrition & Biosciences, Inc.), Indenture (International Flavors & Fragrances Inc)

AutoNDA by SimpleDocs

Who May be Deemed Owners. Prior to the due presentment for registration of transfer of any Note, the Company, the Trustee, any Paying Agent paying agent and any Registrar may deem and treat the Person in whose name such Note shall be registered upon the books of the Company as the absolute owner of such Note (whether or not such Note shall be overdue and notwithstanding any notice of ownership or writing thereon made by anyone other than the Registrar) for the purpose of receiving payment of or on account of the principal of, premium, if any, and (subject to Section 2.03) interest on such Note and for all other purposes; and neither the Company nor the Trustee nor any Paying Agent paying agent nor any Registrar shall be affected by any notice to the contrary. So long as the Depositary, DTC or its nominee, nominee is the registered owner of a Global Note, the Depositary DTC or its nominee, as the case may be, shall be considered the sole owner or holder of the Notes represented by the such Global Note for all purposes under this Indenture and under the Notes. Ownership of beneficial interests in a such Global Note will shall be shown on, and the transfer of ownership interests transfers thereof will be effected effective only through, records maintained by the Depositary, DTC (with respect to beneficial interests of Participants, and on the records of Participants, ) or by Participants or Persons that hold interests through Participants (with respect to beneficial interests of persons holding through Participantsbeneficial owners).

Appears in 1 contract

Samples: Indenture (International Flavors & Fragrances Inc)

AutoNDA by SimpleDocs

Who May be Deemed Owners. Prior to the due presentment for registration of transfer of any NoteSecurity, the Company, the Trustee, any Paying Agent and any Registrar may deem and treat the Person in whose name such Note Security shall be registered upon the books of the Company as the absolute owner of such Note Security (whether or not such Note Security shall be overdue and notwithstanding any notice of ownership or writing thereon made by anyone other than the Registrar) for the purpose of receiving payment of or on account of the principal of, premium, if any, and (subject to Section 2.03) interest on such Note Security and for all other purposes; and neither the Company nor the Trustee nor any Paying Agent nor any Registrar shall be affected by any notice to the contrary. So long as the Depositary, or its nominee, is the registered owner of a Global NoteSecurity, the Depositary or its nominee, as the case may be, shall will be considered the sole owner or holder of the Notes securities represented by the Global Note Security for all purposes under this Indenture and under the NotesIndenture. Ownership of beneficial interests in a Global Note Security will be shown on, and the transfer of ownership interests will be effected only through, records maintained by the Depositary, with respect to interests of Participants, and on the records of Participants, with respect to interests of persons holding through Participants.

Appears in 1 contract

Samples: Indenture (International Flavors & Fragrances Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!