Unrestricted Security definition

Unrestricted Security means either an Unrestricted Definitive Security or an Unrestricted Global Security.
Unrestricted Security means a Security that is not a Restricted Security.
Unrestricted Security means Definitive Securities and any other Securities that are not required to bear, or are not subject to, the Restricted Securities Legend.

Examples of Unrestricted Security in a sentence

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

  • Upon receipt of a request for such an exchange or transfer, the Trustee shall cancel the applicable Unrestricted Security and increase or cause to be increased the aggregate principal amount of one of the Unrestricted Global Securities.

  • A Holder of an Unrestricted Security may exchange such Unrestricted Security for a beneficial interest in an Unrestricted Global Security or transfer such Unrestricted Security to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Security at any time.

  • A Holder of an Unrestricted Security may transfer such Unrestricted Securities to a Person who takes delivery thereof in the form of an Unrestricted Security at any time.

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


More Definitions of Unrestricted Security

Unrestricted Security means any Registrable Security that (a) has been offered and sold pursuant to a registration statement that has become effective under the Securities Act, (b) has been transferred in compliance with Rule 144 under the Securities Act (or any successor provision thereto) under circumstances after which such Registrable Securities became freely transferable without registration under the Securities Act and any legend relating to transfer restrictions under the Securities Act has been removed or (c) is transferable pursuant to paragraph (k) of Rule 144 (or any successor provision thereto).
Unrestricted Security means a Registered Security offered and sold outside the United States to persons that are not U.S. persons (as defined in Regulation S) in reliance on Regulation S;
Unrestricted Security. Appendix A
Unrestricted Security means any Registrable Security that (i) has been effectively registered under the Securities Act, (ii) has been transferred in compliance with Rule 144 under the Securities Act (or any successor provision thereto) under circumstances in which such Registrable Securities become freely transferable under the Securities Act and any legend relating to restrictions on transfer under the Securities Act is removed, (iii) is transferable pursuant to paragraph (k) of Rule 144 under the Securities Act (or any successor provision thereto) or (iv) has otherwise been transferred and a new security not subject to transfer restrictions under the Securities Act has been delivered upon such transfer by or on behalf of the Company.
Unrestricted Security means a Security offered and sold outside the United States to persons that are not
Unrestricted Security. As used herein, the term "Holding Period," with respect to Restricted Definitive Securities of any series, means the period referred to in Rule 144(k) or any successor provision thereto and as may be amended or revised from time to time, beginning from the later of (i) the original issue date of such Securities or (ii) the last date on which the Company or any affiliate of the Company was the beneficial owner of such Securities (or any predecessor thereof).
Unrestricted Security means a Security that does not and is not required to bear the Private Placement Legend, including, without limitation, the Exchange Notes and any Notes registered under the Securities Act pursuant to and in accordance with the Registration Rights Agreement and any Security issued pursuant to Section 2.7 hereof in exchange for a Restricted Security; which Security shall be identical to the Initial Securities and the Restricted Securities except that (i) it shall not bear the Private Placement Legend, (ii) it shall not include provisions relating to Additional Interest and (iii) it shall have a CUSIP number that is different than the CUSIP number on a Restricted Security.