Common use of Book-Entry Provisions for Global Security Clause in Contracts

Book-Entry Provisions for Global Security. (a) The Global Notes initially shall (i) be registered in the name of the Depositary or the nominee of such Depositary, (ii) be delivered to the Trustee as custodian for such Depositary and (iii) bear the appropriate legends as set forth in Section 2.15. Members of, or participants in, the Depositary ("Agent Members") shall have no rights under this Indenture with respect to any Global Note held on their behalf by the Depositary, or the Trustee as its custodian, or under the Global Note, and the Depositary may be treated by the Issuers, the Trustee and any agent of an Issuer or the Trustee as the absolute owner of the Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Issuers, the Trustee or any agent of the Issuers or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary or impair, as between the Depositary and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Note.

Appears in 3 contracts

Samples: Supplemental Indenture (Meristar Hospitality Corp), Credit Agreement (Meristar Hospitality Corp), Supplemental Indenture (Meristar Hospitality Corp)

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Book-Entry Provisions for Global Security. (a) The Each Global Notes Security initially shall (i) be registered in the name of the Depositary Depository or the nominee of such DepositaryDepository, (ii) be delivered to the Trustee as custodian for such Depositary Depository and (iii) bear the appropriate legends as set forth in Section 2.152.14. Members of, or participants in, the Depositary Depository ("Agent MembersAGENT MEMBERS") shall have no rights under this Indenture with respect to any Global Note Security held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under the any Global NoteSecurity, and the Depositary Depository may be treated by the IssuersIssuer, the Trustee and any agent of an the Issuer or the Trustee as the absolute owner of the each Global Note Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the IssuersIssuer, the Trustee or any agent of the Issuers Issuer or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or impair, as between the Depositary Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any NoteSecurity.

Appears in 2 contracts

Samples: Merger Agreement (Salt Holdings Corp), Merger Agreement (Salt Holdings Corp)

Book-Entry Provisions for Global Security. (a) The Global Notes initially shall (i) be registered in the name of the Depositary or the nominee of such Depositary, (ii) be delivered to the Trustee as custodian for such Depositary and (iii) bear the appropriate legends legend as set forth in Section 2.15. Exhibit C. Members of, or participants in, the Depositary ("β€œAgent Members"”) shall have no rights under this Indenture with respect to any Global Note held on their behalf by the Depositary, or the Trustee as its custodian, or under the Global NoteNotes, and the Depositary may be treated by the IssuersLNR, the Trustee and any agent Agent of an Issuer LNR or the Trustee as the absolute owner of the such Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the IssuersLNR, the Trustee or any agent Agent of the Issuers LNR or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary or impair, as between the Depositary and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Note.

Appears in 2 contracts

Samples: Indenture (LNR Property Corp), Indenture (LNR Property Corp)

Book-Entry Provisions for Global Security. (a) The Global Notes initially shall (i) be registered in the name of the Depositary Depository or the nominee of such DepositaryDepository, (ii) be delivered to the Trustee as custodian for such Depositary Depository and (iii) bear the appropriate legends as set forth in Section 2.15. Members of, or participants in, the Depositary Depository ("Agent Members") shall have no rights under this Indenture with respect to any Global Note held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under the Global NoteNotes, and the Depositary Depository may be treated by the Issuers, the Trustee and any agent Agent of an Issuer the Issuers or the Trustee as the absolute owner of the such Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Issuers, the Trustee or any agent Agent of the Issuers or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or impair, as between the Depositary Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Note.

Appears in 2 contracts

Samples: Canadian Abraxas Petroleum LTD, Abraxas Petroleum Corp

Book-Entry Provisions for Global Security. (a) The Global Notes initially shall (i) be registered in the name of the Depositary or the nominee of such Depositary, (ii) be delivered to the Trustee as custodian for such Depositary and (iii) bear the appropriate legends legend as set forth in Section 2.15. EXHIBIT C. Members of, or participants in, the Depositary ("Agent AGENT Members") shall have no rights under this Indenture with respect to any Global Note held on their behalf by the Depositary, or the Trustee as its custodian, or under the Global NoteNotes, and the Depositary may be treated by the IssuersLNR, the Trustee and any agent Agent of an Issuer LNR or the Trustee as the absolute owner of the such Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the IssuersLNR, the Trustee or any agent Agent of the Issuers LNR or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary or impair, as between the Depositary and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Note.

Appears in 1 contract

Samples: LNR Property Corp

Book-Entry Provisions for Global Security. (a) The Global Notes Securities initially shall (i) be registered in the name of the Depositary or the nominee of such Depositary, (ii) be delivered to the Trustee as custodian for such Depositary and (iii) bear the appropriate legends as set forth in Section 2.152.14. Members of, or participants in, the Depositary ("Agent Members") shall have no rights under this Indenture with respect to any Global Note Security held on their behalf by the Depositary, or the Trustee as its custodian, or under the Global NoteSecurities, and the Depositary may be treated by the IssuersCompany, the Trustee and any agent of an Issuer the Company or the Trustee as the absolute owner of the such Global Note Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the IssuersCompany, the Trustee or any agent of the Issuers Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary or impair, as between the Depositary and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any NoteSecurity.

Appears in 1 contract

Samples: Mandalay Resort Group

Book-Entry Provisions for Global Security. (a) The Global Notes initially shall (i) be registered in the name of the Depositary Depository or the nominee of such DepositaryDepository, (ii) be delivered to the Trustee as custodian for such Depositary Depository and (iii) bear the appropriate legends as set forth in the second paragraph of Section 2.15. Members of, or participants in, the Depositary Depository ("Agent Members") shall have no rights under this Indenture with respect to any Global Note held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under the Global NoteNotes, and the Depositary Depository may be treated by the Issuers, the Trustee and any agent Agent of an Issuer the Issuers or the Trustee as the absolute owner of the such Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Issuers, the Trustee or any agent Agent of the Issuers or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or impair, as between the Depositary Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Note.

Appears in 1 contract

Samples: Supplemental Indenture (Canadian Abraxas Petroleum LTD)

Book-Entry Provisions for Global Security. (a) The Any Global Notes Debenture initially shall (i) be registered in the name of the Depositary Depository or the nominee of such DepositaryDepository, (ii) be delivered to the Trustee as custodian for such Depositary Depository and (iii) bear the appropriate legends a legend as set forth in Section 2.15. Members of, or participants in, the Depositary Depository ("Agent Members") shall have no rights under this Indenture with respect to any Global Note Debenture held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under the Global NoteDebenture, and the Depositary Depository may be treated by the IssuersCompany, the Trustee and any agent of an Issuer the Company or the Trustee as the absolute owner of the Global Note Debenture for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the IssuersCompany, the Trustee or any agent of the Issuers Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or impair, as between the Depositary Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder holder of any NoteDebenture.

Appears in 1 contract

Samples: MTL Inc

Book-Entry Provisions for Global Security. (a) The Global Notes initially shall (i) be registered in the name of the Depositary or the nominee of such Depositary, (ii) be delivered to the Trustee as custodian for such Depositary and (iii) bear the appropriate legends as set forth in Section 2.15. Members of, or participants in, the Depositary ("Agent Members") shall have no rights under this Indenture with respect to any Global Note Notes held on their behalf by the Depositary, or the Trustee as its custodian, or under the Global NoteNotes, and the Depositary may be treated by the IssuersCompany, the Trustee and any agent of an Issuer the Company or the Trustee as the absolute owner of the Global Note Notes for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the IssuersCompany, the Trustee or any agent of the Issuers Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary or impair, as between the Depositary and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Note.

Appears in 1 contract

Samples: Mediaamerica Inc

Book-Entry Provisions for Global Security. (a) The Global Notes Note initially shall (i) be registered in the name of the Depositary Depository or the nominee of such DepositaryDepository, (ii) be delivered to the Trustee as custodian for such Depositary Depository and (iii) bear the appropriate legends as set forth in Section 2.15. Members of, or participants in, the Depositary Depository ("Agent Members") shall have no rights under this Indenture with respect to any Global Note held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under the Global Note, and the Depositary Depository may be treated by the Issuers, the Trustee and any agent of an Issuer or the Trustee as the absolute owner of the Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Issuers, the Trustee or any agent of the Issuers an Issuer or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or impair, as between the Depositary Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any NoteSecurity.

Appears in 1 contract

Samples: Indenture (Central Michigan Distribution Co Lp)

Book-Entry Provisions for Global Security. (a) The Global Notes initially shall (i) be registered in the name of the Depositary Depository or the nominee of such DepositaryDepository, (ii) be delivered to the Trustee as custodian for such Depositary Depository and (iii) bear the appropriate legends as set forth in Section 2.15. -38- Members of, or participants in, the Depositary Depository ("Agent Members") shall have no rights under this Indenture with respect to any Global Note held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under the Global NoteNotes, and the Depositary Depository may be treated by the IssuersCompany, the Trustee and any agent Agent of an Issuer the Company or the Trustee as the absolute owner of the such Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the IssuersCompany, the Trustee or any agent Agent of the Issuers Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or impair, as between the Depositary Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Note.

Appears in 1 contract

Samples: Vista Eyecare Inc

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Book-Entry Provisions for Global Security. (a) The Global Notes initially shall (i) be registered in the name of the Depositary Depository or the nominee of such DepositaryDepository, (ii) be delivered to the Trustee as custodian for such Depositary Depository and (iii) bear the appropriate legends as set forth in Section 2.15. Members of, or participants in, the Depositary Depository ("Agent Members") shall have no rights under this Indenture with respect to any Global Note held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under the Global NoteNotes, and the Depositary Depository may be treated by the IssuersIssuer, the Trustee and any agent Agent of an the Issuer or the Trustee as the absolute owner of the such Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the IssuersIssuer, the Trustee or any agent Agent of the Issuers Issuer or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or impair, as between the Depositary Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Note.

Appears in 1 contract

Samples: Indenture (Standard Commercial Corp)

Book-Entry Provisions for Global Security. (a) The Any Global Notes Debenture initially shall (i) be registered in the name of the Depositary Depository or the nominee of such DepositaryDepository, (ii) be delivered to the Trustee as custodian for such Depositary Depository and (iii) bear the appropriate legends as set forth in Section 2.15. Members of, or participants in, the Depositary Depository ("Agent Members") shall have no rights under this Indenture with respect to any Global Note Debenture held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under the Global NoteDebenture, and the Depositary Depository may be treated by the IssuersCompany, the Trustee and any agent of an Issuer the Company or the Trustee as the absolute owner of the Global Note Debenture for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the IssuersCompany, the Trustee or any agent of the Issuers Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or impair, as between the Depositary Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder holder of any NoteDebenture.

Appears in 1 contract

Samples: McMS Inc

Book-Entry Provisions for Global Security. (a) The Global Notes Note initially shall (i) be registered regis- tered in the name of the Depositary Depository or the nominee of such DepositaryDepository, (ii) be delivered to the Trustee as custodian for such Depositary Depository and (iii) bear the appropriate legends as set forth in Section Sec- tion 2.15. Members of, or participants in, the Depositary Depository ("Agent Members") shall have no rights under this Indenture with respect to any Global Note held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under the Global Glo- bal Note, and the Depositary Depository may be treated by the IssuersCompany, the Trustee and any agent of an Issuer the Company or the Trustee as the absolute owner of the Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the IssuersCompany, the Trustee or any agent of the Issuers Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or impair, as between the Depositary Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder holder of any Note.

Appears in 1 contract

Samples: Collins & Aikman Floor Coverings Inc

Book-Entry Provisions for Global Security. (a) The Global Notes initially shall (i) be registered in the name of the Depositary Depository or the nominee of such DepositaryDepository, (ii) be delivered to the Trustee as custodian for such Depositary Depository and (iii) bear the appropriate legends Global Note Legend as set forth in Section 2.15. Members of, or participants in, the Depositary Depository ("Agent Members") shall have no rights under this Indenture with respect to any Global Note held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under the Global NoteNotes, and the Depositary Depository may be treated by the IssuersIssuer, the Trustee and any agent Agent of an the Issuer or the Trustee as the absolute owner of the such Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the IssuersIssuer, the Trustee or any agent Agent of the Issuers Issuer or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or impair, as between the Depositary Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Note.

Appears in 1 contract

Samples: Indenture (Southwest Royalties Holdings Inc)

Book-Entry Provisions for Global Security. (a) The Global Notes initially shall (i) be registered in the name of the Depositary Depository or the nominee of such DepositaryDepository, (ii) be delivered to the Trustee as custodian for such Depositary Depository and (iii) bear the appropriate legends legend as set forth in Section 2.15. Exhibit C. Members of, or participants in, the Depositary Depository ("Agent Members") shall have no rights under this Indenture with respect to any Global Note held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under the Global NoteNotes, and the Depositary Depository may be treated by the IssuersLNR, the Trustee and any agent Agent of an Issuer LNR or the Trustee as the absolute owner of the such Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the IssuersLNR, the Trustee or any agent Agent of the Issuers LNR or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or impair, as between the Depositary Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Note.

Appears in 1 contract

Samples: LNR Property Corp

Book-Entry Provisions for Global Security. (a) The Global Notes initially shall (i) be registered in the name of the Depositary Depository or the nominee of such DepositaryDepository, (ii) be delivered to the Trustee as custodian for such Depositary Depository and (iii) bear the appropriate legends as set forth in Section 2.15. Exhibit C. --------- Members of, or participants in, the Depositary Depository ("Agent Members") shall ------------- have no rights under this Indenture with respect to any Global Note held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under the Global NoteNotes, and the Depositary Depository may be treated by the IssuersCompany, the Trustee and any agent Agent of an Issuer the Company or the Trustee as the absolute owner of the such Global Note for all purposes whatsoever. -45- Notwithstanding the foregoing, nothing herein shall prevent the IssuersCompany, the Trustee or any agent Agent of the Issuers Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or impair, as between the Depositary Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Note.

Appears in 1 contract

Samples: T Sf Communications Corp

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