Common use of SECURITIES IN FOREIGN CURRENCIES Clause in Contracts

SECURITIES IN FOREIGN CURRENCIES. Section 1401 Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, in the absence of any provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s procedures, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.

Appears in 8 contracts

Samples: Indenture (Brixmor Operating Partnership LP), Indenture (Brixmor Operating Partnership LP), Indenture (Dupont Fabros Technology, Inc.)

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SECURITIES IN FOREIGN CURRENCIES. Section 1401 1401. Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, in the absence of any provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresseries, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership Company may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.. ARTICLE FIFTEEN

Appears in 8 contracts

Samples: J.B. Hunt Transport, Inc., Indenture (Performance Food Group Co), Indenture (Performance Food Group Co)

SECURITIES IN FOREIGN CURRENCIES. Section 1401 1401. Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, in the absence of any provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresseries, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership Company may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.Trustee. ARTICLE FIFTEEN

Appears in 7 contracts

Samples: Indenture (KKR Financial Holdings IV, LLC), Indenture (Brandwein a & Co), Indenture (Brandwein a & Co)

SECURITIES IN FOREIGN CURRENCIES. Section 1401 1301. Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency Currency, or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same CurrencySecurities, in the absence of any provision to the contrary in the form of Security of any particular series or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresSecurities, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination action or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination of rights or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such action, determination of rights or distribution) as the Operating Partnership Company or the Guarantor may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.

Appears in 6 contracts

Samples: Securities and Guarantee (Apache Corp), Apache Corp, Apache Finance Canada Corp

SECURITIES IN FOREIGN CURRENCIES. Section 1401 Applicability of ArticleSECTION 1601. APPLICABILITY OF ARTICLE. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, of Holders of Securities of any series in which not all of such Securities are denominated in the same Currency currency, or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same CurrencySecurities, in the absence of any provision to the contrary in the form of Security of any particular series or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresSecurities, any amount in respect of any Security denominated in a Currency currency other than Dollars shall be treated for any such action, determination action or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or of rights for distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such action, determination of rights or distribution) as the Operating Partnership Issuer may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.

Appears in 3 contracts

Samples: Indenture (Evans Withycombe Residential Lp), Indenture (Evans Withycombe Residential Lp), Evans Withycombe Residential Lp

SECURITIES IN FOREIGN CURRENCIES. Section 1401 Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, in the absence of any provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s procedures, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership Company may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.

Appears in 3 contracts

Samples: Indenture (Apple Hospitality REIT, Inc.), Indenture (Apple Hospitality REIT, Inc.), Apple Hospitality REIT, Inc.

SECURITIES IN FOREIGN CURRENCIES. Section 1401 1401. Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, in the absence of any provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s procedures, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.

Appears in 3 contracts

Samples: Indenture (Education Realty Operating Partnership L P), CBL & Associates Limited Partnership, CBL & Associates Limited Partnership

SECURITIES IN FOREIGN CURRENCIES. Section 1401 1401. Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, in the absence of any provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s procedures, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership Company may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.

Appears in 3 contracts

Samples: Indenture (ABB Finance (USA) Inc.), Abb LTD, Abb LTD

SECURITIES IN FOREIGN CURRENCIES. Section 1401 Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, in the absence of any provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresseries, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership Issuer may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.Trustee. ARTICLE FIFTEEN

Appears in 2 contracts

Samples: Indenture (Notami Hospitals of Louisiana Inc), Indenture (HCA Holdings, Inc.)

SECURITIES IN FOREIGN CURRENCIES. Section 1401 Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, in the absence of any provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s procedures, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership Issuer may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.

Appears in 2 contracts

Samples: Indenture (PS Business Parks, L.P.), Indenture (PS Business Parks, L.P.)

SECURITIES IN FOREIGN CURRENCIES. Section 1401 1401. Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, in the absence of any provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresseries, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership Company may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.. 77 ARTICLE FIFTEEN

Appears in 2 contracts

Samples: Indenture (Nymagic Inc), Indenture (Nymagic Inc)

SECURITIES IN FOREIGN CURRENCIES. Section 1401 1401. Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency Currency, or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same CurrencySecurities, in the absence of any provision to the contrary in the form of Security of any particular series or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresSecurities, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination action or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination of rights or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such action, determination of rights or distribution) as the Operating Partnership Issuer or the Guarantor may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.

Appears in 2 contracts

Samples: Reckson Operating Partnership Lp, Reckson Associates Realty Corp

SECURITIES IN FOREIGN CURRENCIES. Section 1401 14.1 Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency Currency, or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same CurrencySecurities, in the absence of any provision to the contrary in the form of Security of any particular series or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresSecurities, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination action or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination of rights or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such action, determination of rights or distribution) as the Operating Partnership Company or the Guarantor may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determineTrustee.

Appears in 2 contracts

Samples: Assured Guaranty (Assured Guaranty US Holdings Inc.), Assured Guaranty LTD

SECURITIES IN FOREIGN CURRENCIES. Section 1401 1301. Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency Currency, or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same CurrencySecurities, in the absence of any provision to the contrary in the form of Security of any particular series or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresSecurities, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination action or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination of rights or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such action, determination of rights or distribution) as the Operating Partnership Company or the Guarantor may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.. ARTICLE FOURTEEN

Appears in 2 contracts

Samples: Securities and Guarantee (Apache Corp), Apache Corp

SECURITIES IN FOREIGN CURRENCIES. Section 1401 1401. Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency Currency, or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same CurrencySecurities, in the absence of any provision to the contrary in the form of Security of any particular series or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresSecurities, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination action or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination of rights or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such action, determination of rights or distribution) as the Operating Partnership Issuer or the Guarantor may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.. ARTICLE FIFTEEN

Appears in 2 contracts

Samples: Indenture (Tanger Properties LTD Partnership /Nc/), Agreement and Plan of Merger (Reckson Associates Realty Corp)

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SECURITIES IN FOREIGN CURRENCIES. Section 1401 1401. Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, then, except as otherwise provided in Section 116 and in the absence of any other provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresseries, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership may specify in a written notice an Officer’s Certificate of the Operating Partnership delivered to the Trustee or, in the absence of such written noticeOfficer’s Certificate, as the Trustee may determine.. ARTICLE FIFTEEN

Appears in 2 contracts

Samples: Indenture (Mid-America Apartments, L.P.), Indenture (Mid-America Apartments, L.P.)

SECURITIES IN FOREIGN CURRENCIES. Section 1401 Applicability of Article1401. APPLICABILITY OF ARTICLE. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency Currency, or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same CurrencySecurities, in the absence of any provision to the contrary in the form of Security of any particular series or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresSecurities, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination action or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination of rights or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such action, determination of rights or distribution) as the Operating Partnership Issuer or the Guarantor may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.. ARTICLE FIFTEEN

Appears in 2 contracts

Samples: Indenture (Reckson Associates Realty Corp), Indenture (Highwoods Forsyth L P)

SECURITIES IN FOREIGN CURRENCIES. Section 1401 Applicability of Article1401. APPLICABILITY OF ARTICLE. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency Currency, or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same CurrencySecurities, in the absence of any provision to the contrary in the form of Security of any particular series or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresSecurities, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination action or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination of rights or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such action, determination of rights or distribution) as the Operating Partnership Company may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.. -77- ARTICLE FIFTEEN MEETINGS OF HOLDERS OF SECURITIES

Appears in 1 contract

Samples: Old Kent Financial Corp /Mi/

SECURITIES IN FOREIGN CURRENCIES. Section 1401 (a) Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, in the absence of any provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s procedures, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership Issuer may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.

Appears in 1 contract

Samples: Indenture (Avalonbay Communities Inc)

SECURITIES IN FOREIGN CURRENCIES. Section 1401 SECTION 1401. Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, in the absence of any provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresseries, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership Company may specify in a written notice to the Trustee. The Trustee or, in the absence of has no obligation to confirm any such written notice, as the Trustee may determine.calculation and shall have no liability with respect to any such calculation. ARTICLE FIFTEEN

Appears in 1 contract

Samples: NBT Bancorp Inc

SECURITIES IN FOREIGN CURRENCIES. Section 1401 1401. Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, in the absence of any provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresseries, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership Company may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determineTrustee.

Appears in 1 contract

Samples: Indenture (Sealy Corp)

SECURITIES IN FOREIGN CURRENCIES. Section 1401 Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, in the absence of any provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s procedures, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership Issuer may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determineTrustee.

Appears in 1 contract

Samples: Indenture (VICI Properties L.P.)

SECURITIES IN FOREIGN CURRENCIES. Section 1401 1401. Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same Currency, in the absence of any provision to the contrary in or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresseries, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such distribution) as the Operating Partnership Company may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.

Appears in 1 contract

Samples: Reconciliation And (Hunt J B Transport Services Inc)

SECURITIES IN FOREIGN CURRENCIES. Section 1401 1401. Applicability of Article. Whenever this Indenture provides for (i) any action by, or the determination of any of the rights of, Holders of Securities of any series in which not all of such Securities are denominated in the same Currency Currency, or (ii) any distribution to Holders of Securities of any series in which not all of such Securities are denominated in the same CurrencySecurities, in the absence of any provision to the contrary in the form of Security of any particular series or pursuant to this Indenture or the Securities of such series and in accordance with the Depository’s proceduresSecurities, any amount in respect of any Security denominated in a Currency other than Dollars shall be treated for any such action, determination action or distribution as that amount of Dollars that could be obtained for such amount on such reasonable basis of exchange and as of the record date with respect to Registered Securities of such series (if any) for such action, determination of rights or distribution (or, if there shall be no applicable record date, such other date reasonably proximate to the date of such action, determination of rights or distribution) as the Operating Partnership Issuer may specify in a written notice to the Trustee or, in the absence of such written notice, as the Trustee may determine.. ARTICLE FIFTEEN

Appears in 1 contract

Samples: Reckson Services Industries Inc

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