Restricted Physical Note definition

Restricted Physical Note means a Physical Note that is a Restricted Note.

Restricted Physical Note means a Physical Note bearing the Private Placement Legend.

Restricted Physical Note means a Physical Note that is a Restricted Security.

Examples of Restricted Physical Note in a sentence

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

• In connection with the Exchange of the Owner’s beneficial interest in a Restricted Global Note for a Restricted Physical Note with an equal principal amount, the Owner hereby certifies that the Restricted Physical Note is being acquired for the Owner’s own account without transfer.

• Upon consummation of the proposed Exchange in accordance with the terms of the Indenture, the Restricted Physical Note issued will continue to be subject to the restrictions on transfer enumerated in the Securities Act Legend printed on the Restricted Physical Note and in the Indenture and the Securities Act.

• Upon consummation of the proposed transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Physical Note will be subject to the restrictions on Transfer enumerated in the Private Placement Legend printed on the Regulation S Global Note and/or the Restricted Physical Note and in the Indenture and the Securities Act.

• A Restricted Physical Note may be transferred to a Person who takes delivery thereof in the form of a Restricted Physical Note or a Restricted Uncertificated Note if the Corporation receives an opinion of counsel of recognised standing, in form and substance reasonably satisfactory to the Corporation, to the effect that such transfer is in compliance with an available exemption from the registration requirements of the U.S. Securities Act and all applicable state securities laws.

More Definitions of Restricted Physical Note

Restricted Physical Note means a definitive certificate representing Notes, including without limitation, a definitive certificate issued in accordance with Section 2.4(d) or Section 3.2(b) that bears a U.S. Legend;

Restricted Physical Note means a definitive Note that bears the U.S. Legend;

Restricted Physical Note has the meaning provided in Section 2.01.

Restricted Physical Note means a Physical Note that is a Restricted Note. “Restricted Subsidiary” means, at any time, any direct or indirect Subsidiary of Holdings that is not then an Unrestricted Subsidiary; provided, however, that upon the occur- rence of an Unrestricted Subsidiary ceasing to be an Unrestricted Subsidiary, such Subsidiary shall be included in the definition of Restricted Subsidiary. “Rule 144” means Rule 144 promulgated under the Securities Act. “Rule 144A” means Rule 144A promulgated under the Securities Act. “Rule 144A Global Note” has the meaning set forth in Section 2.16(a). “Rule 144A Notes” has the meaning set forth in Section 2.02. “S&P” means Standard & Poor’s Ratings Service, and any successor to its rat- ing agency business. “Sale and Leaseback Transaction” means any sale or transfer made by Hold- ings or one or more Restricted Subsidiaries (except a sale or transfer made to Holdings or one or more Restricted Subsidiaries) of any Principal Facility that (in the case of a Principal Facil- ity which is a building or equipment) has been in operation, use or commercial production (exclusive of test and start-up periods) by Holdings or any Restricted Subsidiary for more than 180 days prior to such sale or transfer, or that (in the case of a Principal Facility that is a parcel of real property not containing a building) has been owned by Holdings or any Re- stricted Subsidiary for more than 180 days prior to such sale or transfer, if such sale or trans- fer is made with the intention of leasing, or as part of an arrangement involving the lease of such Principal Facility to Holdings or a Restricted Subsidiary (except a lease for a period not exceeding 36 months made with the intention that the use of the leased Principal Facility by Holdings or such Restricted Subsidiary will be discontinued on or before the expiration of such period); provided, however, that the creation of any Secured Debt permitted under Sec- tion 4.11 shall not be deemed to create or be considered a Sale and Leaseback Transaction. “Secured Debt” means outstanding Indebtedness of Holdings or a Restricted Subsidiary which is secured by (a) a Security Interest in any assets of Holdings or any Re- stricted Subsidiary, or (b) a Security Interest in any shares of stock owned directly or indirect- ly by Holdings in a Restricted Subsidiary. The securing in the foregoing manner of any previ- ously unsecured debt shall be deemed to be the creation of Secured Debt at the time such se- curity is give...

Restricted Physical Note means a Physical Note that is a Restricted Note. “Restricted Subsidiary” means, at any time, any direct or indirect Subsidiary of Holdings that is not then an Unrestricted Subsidiary; provided, however , that upon the 30

Restricted Physical Note means a Physical Note that is a Restricted Note. “ Reversion Date ” has the meaning set forth in Section 4.18.

Restricted Physical Note means a Physical Note bearing the Private Placement Legend. “Restricted Subsidiary” means any Subsidiary of the Issuer that is not an Unrestricted Subsidiary. “Reversion Date” has the meaning set forth in Section 4.17.