Common use of Restricted Security Clause in Contracts

Restricted Security. Each Restricted Security shall bear the restrictive legend set forth in Section 2.06(f)(2) (“Transfer and Exchange”) (the “Restricted Security Legend”). Notes representing Restricted Securities may only be transferred in compliance with the restrictions set forth in the Restricted Security Legend. Additional Notes and any PIK Notes issued in respect thereof shall be issued in certificated form as Restricted Securities hereunder.

Appears in 3 contracts

Sources: Indenture (Vantage Drilling International), Indenture (OFFSHORE GROUP INVESTMENT LTD), Indenture (Vantage Drilling Netherlands B.V.)

Restricted Security. Each Restricted Security shall bear the restrictive legend set forth in Section 2.06(f)(2) (“Transfer and Exchange”) (the “Restricted Security Legend”). Notes representing Restricted Securities may only be transferred in compliance with the restrictions set forth in the Restricted Security Legend. Additional Notes and any PIK Notes issued in respect thereof shall be issued in certificated form as Restricted Securities hereunder.

Appears in 2 contracts

Sources: Indenture (Vantage Drilling International), Indenture (Vantage International Management Pte Ltd.)