Common use of Global Debenture Clause in Contracts

Global Debenture. (a) If the Company shall establish pursuant to Section 2.01 that the Debentures of a particular series are to be issued as one or more Global Debentures, then the Company shall execute and the Trustee shall, in accordance with Section 2.04, authenticate and deliver, one or more Global Debentures which (i) shall represent, and shall be denominated in an aggregate amount equal to the aggregate principal amount of, all of the Outstanding Debentures of such series, (ii) shall be registered in the name of the Depositary or its nominee, (iii) shall be delivered by the Trustee to the Depositary or pursuant to the Depositary's instruction and (iv) shall bear a legend substantially to the following effect: "Except as otherwise provided in Section 2.11 of the Indenture, this Debenture may be transferred, in whole but not in part, only to another nominee of the Depositary or to a successor Depositary or to a nominee of such successor Depositary."

Appears in 2 contracts

Samples: Aes Corporation, Aes Trust Ii

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Global Debenture. (a) If the Company shall establish pursuant Debentures have been distributed to Section 2.01 that the holders of Trust Preferred Securities, Debentureholders may elect to hold such Debentures of a particular series are to be issued as one or more Global Debenturesthrough the Depository, then in which event the Company shall execute and the Trustee shall, in accordance with Section 2.042.07, authenticate and deliver, one or more Global Debentures which (i) shall represent, and shall be denominated in an aggregate amount equal to the aggregate principal amount of, all of the Outstanding Debentures of such seriesto be so held, (ii) shall be registered in the name of the Depositary Depository or its nominee, (iii) shall be delivered by the Trustee to the Depositary Depository or pursuant to the DepositaryDepository's instruction and (iv) shall bear a legend substantially to the following effect: "Except as otherwise provided in Section 2.11 2.14 of the Indenture, this Debenture may be transferred, in whole but not in part, only to another nominee of the Depositary Depository or to a successor Depositary Depository or to a nominee of such successor DepositaryDepository."

Appears in 2 contracts

Samples: Sunsource Inc, Sunsource Inc

Global Debenture. (a) If the Company shall establish pursuant to Section 2.01 that the Debentures of a particular series are to be issued as one or more Global Debentures, then the Company shall execute and the Trustee shall, in accordance with Section 2.04, authenticate and deliver, and the Guarantor shall execute the Guarantee endorsed on, one or more Global Debentures which (i) shall represent, and shall be denominated in an aggregate amount equal to the aggregate principal amount of, all of the Outstanding Debentures of such series, (ii) shall be registered in the name of the Depositary or its nominee, (iii) shall be delivered by the Trustee to the Depositary or pursuant to the Depositary's instruction and (iv) shall bear a legend substantially to the following effect: "Except as otherwise provided in Section 2.11 of the Indenture, this Debenture may be transferred, in whole but not in part, only to another nominee of the Depositary or to a successor Depositary or to a nominee of such successor Depositary."

Appears in 1 contract

Samples: Aetna Capital Trust Iv

Global Debenture. (a) If the Company shall establish pursuant to Section 2.01 that the Debentures of a particular series are to be issued as one or more Global Debentures, then the Company shall execute and the Trustee shall, shall in accordance with Section 2.04, authenticate and deliver, one or more Global Debentures which (i) shall represent, and shall be denominated in an aggregate amount equal to the aggregate principal Principal amount of, all of the Outstanding Debentures of such series, (ii) shall be registered in the name of the Depositary or its nominee, (iii) shall be delivered by the Trustee to the Depositary or pursuant to the Depositary's instruction and (iv) shall bear a legend substantially to the following effect: "Except as otherwise provided in in- Section 2.11 of the Indenture, this Debenture may be transferred, in whole but not in part, only to another nominee of the Depositary or to a successor Depositary or to a nominee of such successor Depositary."

Appears in 1 contract

Samples: Owens & Minor Trust I

Global Debenture. (a) If the Company shall establish pursuant to Section 2.01 that the Debentures of a particular series are to be issued in whole as one or more Global Debentures, then the Company shall execute and the Trustee shall, in accordance with Section 2.04, authenticate and deliver, one or more Global Debentures which (i) shall i)shall represent, and shall be denominated in an aggregate amount equal to the aggregate principal amount of, all of the Outstanding Debentures of such series, (ii) shall ii)shall be registered in the name of the Depositary Depository or its nominee, (iii) shall iii)shall be delivered by the Trustee to the Depositary Depository or pursuant to the DepositaryDepository's instruction and (iv) shall iv)shall bear a legend substantially to the following effect: "Except as otherwise provided in Section 2.11 of the Indenture, this Debenture may be transferred, in whole but not in part, only to another nominee of the Depositary Depository or to a successor Depositary Depository or to a nominee of such successor DepositaryDepository."

Appears in 1 contract

Samples: Hei Preferred Funding L P

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Global Debenture. (a) If the Company shall establish pursuant to Section 2.01 that the Debentures of a particular series are to be issued as one or more Global Debentures, then the Company shall execute and the Trustee shall, in accordance with Section 2.04, authenticate and delivermake available for delivery, one or more Global Debentures Debentures, which (i) shall represent, and shall be denominated in an aggregate amount equal to the aggregate principal amount of, all of the Outstanding Debentures of such series, (ii) shall be registered in the name of the Depositary or its nominee, (iii) shall be delivered made available for delivery by the Trustee to the Depositary or pursuant to the Depositary's instruction and (iv) shall bear a legend substantially to the following effect: "Except as otherwise provided in Section 2.11 of the Indenture, this Debenture may be transferred, in whole but not in part, only to another nominee of the Depositary or to a successor Depositary or to a nominee of such successor Depositary."

Appears in 1 contract

Samples: Indenture (Federal Mogul Corp)

Global Debenture. (a) If the Company shall establish pursuant to Section 2.01 that the Debentures of a particular series are to be issued in whole as one or more Global Debentures, then the Company shall execute and the Trustee shall, in accordance with Section 2.04, authenticate and deliver, one or more Global Debentures which (i) shall represent, and shall be denominated in an aggregate amount equal to the aggregate principal amount of, all of the Outstanding Debentures of such series, (ii) shall be registered in the name of the Depositary Depository or its nominee, (iii) shall be delivered by the Trustee to the Depositary Depository or pursuant to the DepositaryDepository's instruction and (iv) shall bear a legend substantially to the following effect: "Except as otherwise provided in Section 2.11 of the Indenture, this Debenture may be transferred, in whole but not in part, only to another nominee of the Depositary Depository or to a successor Depositary Depository or to a nominee of such successor DepositaryDepository."

Appears in 1 contract

Samples: Hawaiian Electric Industries Inc

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