Examples of Global Exchange Debenture in a sentence
Each Global Exchange Debenture shall represent such of the outstanding Exchange Debentures as shall be specified therein and each shall provide that it shall represent the aggregate amount of outstanding Exchange Debentures from time to time endorsed thereon and that the aggregate amount of outstanding Exchange Debentures represented thereby may from time to time be reduced or increased, as appropriate, to reflect exchanges and redemptions.
Except as set forth in Section 2.6, the Global Exchange Debenture may be transferred, in whole and not in part, only to another nominee of the Depository or to a successor of the Depository or its nominee.
In case of any such redemption in part, the unredeemed portion of the principal amount of the Global Exchange Debenture shall be in an authorized denomination.
Any endorsement of a Global Exchange Debenture to reflect the amount of any increase or decrease in the amount of outstanding Exchange Debentures represented thereby shall be made by the Trustee or the Exchange Debenture Custodian, at the direction of the Trustee, in accordance with instructions given by the Holder thereof as required by Section 2.6 hereof.
The provisions of the two preceding paragraphs of this Section 3.2 shall not apply with respect to any redemption affecting only a Global Exchange Debenture, whether such Global Exchange Debenture is to be redeemed in whole or in part.
The Exchange Debentures outstanding at any time are all the Exchange Debentures authenticated by the Trustee except for those cancelled by it, those delivered to it for cancellation, those reductions in the interest in a Global Exchange Debenture effected by the Trustee in accordance with the provisions hereof, and those described in this Section as not outstanding.
Members of, or participants in, the Depository ("Agent Members") shall have no rights under this Exchange Debenture Indenture with respect to any Global Exchange Debenture held on their behalf by the Depository, or the Registrar or the Trustee as its custodian, or under the Global Exchange Debenture, and the Depository may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner of the Global Exchange Debenture for all purposes whatsoever.
If any of the Exchange Debentures to be redeemed is in the form of a Global Exchange Debenture, then such notice shall be modified in form but not substance to the extent appropriate to accord with the procedures of the Depository applicable to redemptions.
Any endorsement of a Global Exchange Debenture to reflect the amount of any increase or decrease in the amount of outstanding Exchange Debentures represented thereby shall be made by the Trustee or the Exchange Debenture Custodian, at the direction of the Trustee, in accordance with instructions given by the Holder thereof.
If any of the Exchange Debentures subject to an Asset Sale Offer is in the form of a Global Exchange Debenture, then such notice may be modified in form but not substance to the extent appropriate to accord with the procedures of the Depository applicable to repurchases.