Common use of Same Benefits Clause in Contracts

Same Benefits. Until exchanged in full, a Book-Entry Note shall in all respects be entitled to the same benefits under this Agreement as Class M Definitive Notes authenticated and delivered hereunder. If, after any presentation thereof to the Global Agent, the principal or notional amount, as applicable, of Class M Notes or MAC Notes represented by any Book-Entry Note is reduced to zero, such Book-Entry Note shall remain outstanding on the records of the Global Agent until the Maturity Date or Early Redemption Date.

Appears in 2 contracts

Sources: Global Agency Agreement, Global Agency Agreement