Restricted Note definition

Restricted Note has the same meaning as “Restricted Security” set forth in Rule 144(a)(3) promulgated under the Securities Act; provided that the Trustee shall be entitled to request and conclusively rely upon an Opinion of Counsel with respect to whether any Note is a Restricted Note.

Restricted Note means any Issue Date Note (or beneficial interest therein) or any Additional Note (or beneficial interest therein) not originally issued and sold pursuant to an effective registration statement under the Securities Act until such time as:

Restricted Note means a Restricted Definitive Note or a Restricted Global Note.

Examples of Restricted Note in a sentence

• Any Definitive Note delivered in exchange for an interest in a Global Note that is a Transfer Restricted Note shall, except as otherwise provided by Section 2.2(e) of this Appendix A, bear the Restricted Notes Legend.

• An Unrestricted Definitive Note cannot be exchanged for, or transferred to a Person who takes delivery thereof in the form of, a Transfer Restricted Note.

• Any Physical Note (or any security issued in exchange or substitution therefor) that does not constitute a Restricted Note may be exchanged for a new Note or Notes of like tenor and aggregate principal amount that do not bear the Restricted Notes Legend required by Section 2.07.

• Any Definitive Note delivered in exchange for an interest in the Transfer Restricted Note shall, except as otherwise provided by Section 2.3(e) hereof, bear the applicable restricted notes legend and definitive notes legend set forth in Exhibit 1 hereto.

• Further, the transferee will not transfer any Restricted Note (or any interest therein) to a subsequent transferee unless, prior to the transfer, the subsequent transferee shall have provided to the Indenture Trustee, the Note Registrar and the Depositor a written representation letter as set forth previously in this Section 2.15(b) (unless the Depositor shall have received an opinion of nationally recognized tax counsel as set forth previously in this Section 2.15(b)).

More Definitions of Restricted Note

Restricted Note means either a Restricted Definitive Note or a Restricted Global Note.

Restricted Note means a Note that constitutes a “Restricted Note” within the meaning of Rule 144(a)(3) under the Securities Act; provided, however, that the Trustee shall be entitled to request and conclusively rely on an Opinion of Counsel with respect to whether any Note constitutes a Restricted Note.

Restricted Note has the meaning specified in Section 3.07(a)(i).

Restricted Note. ’ means a Note represented by a Rule 144A Global Note or a Note issued in registered form in exchange or substitution therefor;

Restricted Note has the meaning specified in Section 2.07(a)(i).

Restricted Note means a Note required to bear the restricted legend set forth in the form of Notes set forth in Exhibit A of this Indenture.

Restricted Note has the same meaning as “restricted security” set forth in Rule 144(a)(3) promulgated under the Securities Act; provided that the Trustee shall be entitled to request and conclusively rely upon an Opinion of Counsel with respect to whether any Note is a Restricted Note.