Global Debt Securities definition
Examples of Global Debt Securities in a sentence
The Issuer initially appoints the DTC to act as Depositary with respect to the Global Debt Securities.
The Issuer initially appoints the Trustee to act as the Note Registrar and Paying Agent and to act as Custodian with respect to the Global Debt Securities.
The Notes initially will be represented by one or more Global Debt Securities (collectively, the "Global Note") registered in the name of The Depository Trust Company, as Depositary or its nominee, or a successor depositary or its nominee.
The Notes shall each be issued in the form of one or more permanent Global Debt Securities subject to any requirements of the Indenture for the issuance of definitive Notes in exchange therefor.
Any notice, report or other instrument required or permitted by any of the provisions of this Indenture to be given by the Trustee or the Company to the Holders of Debt Securities of any or all series shall be deemed to have been sufficiently given, for all purposes, when delivered to their addresses as they shall appear on the Debt Security Register or, in the case of Global Debt Securities, when transmitted in accordance with the procedures of the Depository.
Global Debt Securities will be Registered Securities and may be issued in either temporary or permanent form.
Global Debt Securities also may be exchanged or replaced, in whole or in part, as provided in Section 2.9 hereof.
The Company may fix a record date for the purpose of determining the Persons who are beneficial owners of interests in any Global Debt Securities entitled under the Applicable Procedures of such Depositary to make, give or take, by a proxy or proxies duly appointed in writing, any vote, request, demand, authorization, direction, notice, consent, waiver or other action provided in this Indenture to be made, given or taken by Holders.
Further, temporary Global Debt Securities shall be delivered only if the Company or its agent has received the certification provided for herein and only if the Company has no reason to know that such certification is false.
The Company initially appoints the Trustee to act as the Paying Agent and Registrar for the Debt Securities and, in the event that any Debt Securities are issued in global form, to initially act as custodian with respect to the Global Debt Securities.