Common use of Registered Global Notes Clause in Contracts

Registered Global Notes. (a) If the Company shall establish pursuant to Section 202 or Section 301, as the case may be, that the Registered Securities of a series are to be issued in whole or in part in the form of one or more global Securities (Registered Securities in the form of global Securities being herein called "Registered Global Notes"), then the Company shall execute and the Trustee shall, in accordance with Section 202 or Section 301, as the case may be, and the Company Order or the Medium-Term Debt Securities Certificate, as the case may be, with respect to such series, authenticate and deliver one or more temporary or permanent Registered Global Notes that (i) shall represent the aggregate principal amount of the Outstanding Securities of such series to be represented by one or more Registered Global Notes, (ii) shall be registered in the name of the U.S. Depositary for such Registered Global Note or Notes or the nominee of such depositary, and (iii) may bear a legend, in addition to any other legend required or requested by the U.S. Depositary or included on such Note pursuant to applicable laws or regulations, substantially to the following effect: UNLESS AND UNTIL IT IS EXCHANGED FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE U.S. DEPOSITARY TO A NOMINEE OF THE U.S. DEPOSITARY OR BY A NOMINEE OF THE U.S. DEPOSITARY TO THE U.S. DEPOSITARY OR ANOTHER NOMINEE OF THE U.S. DEPOSITARY OR BY THE U.S. DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR U.S. DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR U.S. DEPOSITARY. Notwithstanding any other provision of this Section 412 or Section 404, unless and until it is exchanged in whole or in part for Registered Securities in definitive form, a Registered Global Note representing all or a portion of the Registered Securities of a series may not be transferred except as a whole by the U.S. Depositary for such series to a nominee of such depositary or by a nominee of such depositary to such depositary or another nominee of such depositary or by such depositary or any such nominee to a successor U.S. Depositary for such series or a nominee of such successor depositary.

Appears in 2 contracts

Samples: Indenture (Polaroid Corp), Polaroid Corp

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Registered Global Notes. (a) If the Company shall establish pursuant to Section 202 or Section 301, as the case may be, that the Registered Securities of a series are to be issued in whole or in part in the form of one or more global Securities (Registered Securities in the form of global Securities being herein called "Registered Global Notes"), then the Company shall execute and the Trustee shall, in accordance with Section 202 or Section 301, as the case may be, and the Company Order or the Medium-Term Debt Securities Certificate, as the case may be, with respect to such series, authenticate and deliver one or more Registered Global Notes in temporary or permanent Registered Global Notes form that (i) shall represent and shall be denominated in an amount equal to the aggregate principal amount of the Outstanding Securities of such series to be represented by one or more Registered Global Notes, (ii) shall be registered in the name of the U.S. Depositary for such Registered Global Note or Notes or the nominee of such depositary, and (iii) may shall bear a legend, in addition to any other legend required or requested by the U.S. Depositary or included on such Note pursuant to applicable laws or regulations, substantially to the following effect: UNLESS AND UNTIL IT IS EXCHANGED FOR SECURITIES IN DEFINITIVE REGISTERED FORM, "THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE U.S. DEPOSITARY TO A NOMINEE OF THE U.S. DEPOSITARY OR BY A NOMINEE OF THE U.S. DEPOSITARY TO THE U.S. DEPOSITARY OR ANOTHER NOMINEE OF THE U.S. DEPOSITARY OR BY THE U.S. DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR U.S. DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR U.S. DEPOSITARY. , UNLESS AND UNTIL THIS SECURITY IS EXCHANGED IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE FORM." Notwithstanding any other provision of this Section 412 or Section 404, unless and until it is exchanged in whole or in part for Registered Securities in definitive form, a Registered Global Note representing all or a portion of the Registered Securities of a series may not be transferred except as a whole by the U.S. Depositary for such series to a nominee of such depositary or by a nominee of such depositary to such depositary or another nominee of such depositary or by such depositary or any such nominee to a successor U.S. Depositary for such series or a nominee of such successor depositary.

Appears in 2 contracts

Samples: Manor Care (Manor Care Inc/New), Manor Care Inc/New

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