Common use of Note Legend Clause in Contracts

Note Legend. Each Note shall bear legends in substantially the following forms: "UNDER THE INDENTURE GOVERNING THIS NOTE, NEITHER THIS NOTE NOR ANY BENEFICIAL INTEREST HEREIN MAY BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS NOT A "QUALIFIED INSTITUTIONAL BUYER" (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT OF 1933, AS AMENDED (A "QIB")). BY ITS ACQUISITION HEREOF OR OF A BENEFICIAL INTEREST HEREIN, THE HOLDER REPRESENTS THAT IT IS A QIB."