Common use of Title; Limitation on Aggregate Principal Amount; Form of Notes Clause in Contracts

Title; Limitation on Aggregate Principal Amount; Form of Notes. The Notes shall be Registered Securities under the Indenture and shall be known as the Company's "7.00% Senior Notes due 2008." The Notes will be limited to an aggregate principal amount of $150,000,000, and except as provided in this Section and in Section 306 of the Indenture, the Company shall not execute and the Trustee shall not authenticate or deliver Notes in excess of such principal amount. The Notes (together with the Trustee's certificate of authentication) shall be substantially in the form of Exhibit A hereto, which is hereby incorporated in and made a part of this Supplemental Indenture. The Notes will be issued in the form of one or more registered global security without coupons ("Global Notes") which will be deposited with, or on behalf of, The Depository Trust Company ("DTC"), and registered in the name of DTC's nominee, Cede & Co. Except under the circumstance described below, the Notes will not be issuable in definitive form. Unless and until it is exchanged in whole or in part for the individual notes represented thereby, a Global Note may not be transferred except as a whole by DTC to a nominee of DTC or by a nominee of DTC to DTC or another nominee of DTC or by DTC or any nominee of DTC to a successor depository or any nominee of such successor. So long as DTC or its nominee is the registered owner of a Global Note, DTC or such nominee, as the case may be, will be considered the sole owner or holder of the Notes represented by such Global Note for all purposes under this Supplemental Indenture. Except as described below, owners of beneficial interest in Notes evidenced by a Global Note will not be entitled to have any of the individual Notes represented by such Global Note registered in their names, will not receive or be entitled to receive physical delivery of any such Notes in definitive form and will not be considered the owners or holders thereof under the Indenture or this Supplemental Indenture. If DTC is at any time unwilling, unable or ineligible to continue as depository and a successor depository is not appointed by the Company within 90 days, the Company will issue individual Notes in exchange for the Global Note or Global Notes representing such Notes. In addition, the Company may at any time and in its sole discretion, subject to certain limitations set forth in the Indenture, determine not to have any of such Notes represented by one or more Global Notes and, in such event, will issue individual Notes in exchange for the Global Note or Global Notes representing the Notes. Individual Notes so issued will be issued in denominations of $1,000 and integral multiples thereof.

Appears in 2 contracts

Sources: Supplemental Indenture (Hospitality Properties Trust), Supplemental Indenture (Hospitality Properties Trust)

Title; Limitation on Aggregate Principal Amount; Form of Notes. The Notes shall be Registered Securities under the Indenture and shall be known as the Company's "7.009.125% Senior Notes due 20082010." The Notes will be limited to an aggregate principal amount of $150,000,000Notes which may be authenticated and delivered under this Indenture Supplement shall not, and except as provided in this Section and in Section 306 permitted by the provisions of the Indenture, exceed $35,000,000, provided that the Company shall not execute may, without the consent of the holders of the Notes, reopen this series and issue additional Notes under the Trustee shall not authenticate or deliver Indenture and this Indenture Supplement in addition to the $35,000,000 of Notes in excess authorized as of such principal amountthe date hereof. The Notes (together with the Trustee's certificate of authentication) shall be substantially in the form of Exhibit A hereto, which is hereby incorporated in and made a part of this Supplemental Indenture. The Notes will be issued in the form of one or more registered global security without coupons ("Global Notes") which will be deposited with, or on behalf of, The Depository Trust Company ("DTC"), and registered in the name of DTC's nominee, Cede & Co. Except under the circumstance described below, the Notes will not be issuable in definitive form. Unless and until it is exchanged in whole or in part for the individual notes represented thereby, a Global Note may not be transferred except as a whole by DTC to a nominee of DTC or by a nominee of DTC to DTC or another nominee of DTC or by DTC or any nominee of DTC to a successor depository depositary or any nominee of such successor. So long as DTC or its nominee is the registered owner of a Global Note, DTC or such nominee, as the case may be, will be considered the sole owner or holder of the Notes represented by such Global Note for all purposes under this Supplemental Indenture. Except as described below, owners of beneficial interest in Notes evidenced by a Global Note will not be entitled to have any of the individual Notes represented by such Global Note registered in their names, will not receive or be entitled to receive physical delivery of any such Notes in definitive form and will not be considered the owners or holders thereof under the Indenture or this Supplemental Indenture. If DTC is at any time unwilling, unable or ineligible to continue as depository depositary and a successor depository depositary is not appointed by the Company within 90 days, the Company will issue individual Notes in exchange for the Global Note or Global Notes representing such Notes. In addition, the Company may at any time and in its sole discretion, subject to certain limitations set forth in the Indenture, determine not to have any of such Notes represented by one or more Global Notes and, in such event, will issue individual Notes in exchange for the Global Note or Global Notes representing the Notes. Individual Notes so issued will be issued in denominations of $1,000 and integral multiples thereof.

Appears in 2 contracts

Sources: Supplemental Indenture (Hospitality Properties Trust), Supplemental Indenture (Hospitality Properties Trust)

Title; Limitation on Aggregate Principal Amount; Form of Notes. The Notes shall be Registered Securities under the Indenture and shall be known as the Company's "7.00$150,000,000 6 3/4% Senior Notes due 2008." December 18, 2002. The Notes will be limited to an aggregate principal amount of $150,000,000, and except as provided in this Section and in Section 306 of the Indenture, the Company shall not execute and the Trustee shall not authenticate or deliver Notes in excess of such principal amount. The Notes (together with the Trustee's certificate of authentication) shall be substantially in the form of Exhibit A heretohereto (with the appropriate legend or legends placed thereon), which is hereby incorporated in and made a part of this Supplemental Indenture. The Notes offered and sold in offshore transactions in reliance on Regulation S will be issued initially in the form of one a permanent global certificate in fully registered form without interest coupons substantially in the form as above provided (the "Unrestricted Global Note"), and will be registered in the name of a nominee of DTC and deposited with the Trustee as custodian for DTC. On or more prior to the 40th day after the later of the commencement of the offering of the Notes and the Issuance Date (which date shall be certified to the Trustee in an Officer's Certificate), beneficial interests in the Unrestricted Global Note may be held only through Euroclear or CEDEL. Beginning 41 days after the later of the commencement of the offering of the Notes and the Issuance Date (but not earlier), such interests may also be held through organizations other than Euroclear and CEDEL that are participants in the DTC system. Notes offered and sold in reliance on Rule 144A will be issued initially in the form of a permanent global certificate in fully registered global security form without interest coupons substantially in the form as above provided (the "Restricted Global Note" and, together with the Unrestricted Global Note, the "Global Notes") which and will be deposited with, or on behalf of, The Depository Trust Company ("DTC"), and registered in the name of DTC's nominee, Cede & Co. Except under the circumstance described below, the Notes will not be issuable in definitive form. Unless and until it is exchanged in whole or in part for the individual notes represented thereby, a Global Note may not be transferred except as a whole by DTC to a nominee of DTC and deposited with the Trustee as custodian for DTC. The Notes sold to other investors in the United States will be issued initially in the form of individual certificates in fully registered form, without coupons. On or prior to the 40th day after the later of the commencement of the offering of the Notes and the Issuance Date, a beneficial interest in the Unrestricted Global Note may be transferred to a Person who takes delivery in the form of an interest in the Restricted Global Note only upon receipt by the Trustee of a nominee written certification from the transferor to the effect that such transfer is being made to a Person whom the transferor reasonably believes to be a QIB purchasing Notes for its own account or an account with respect to which it exercises sole investment discretion in a transaction meeting the requirements of DTC to DTC or another nominee Rule 144A and in accordance with any applicable securities laws of DTC or by DTC any state of the United States or any nominee of DTC other jurisdiction (a "Restricted Global Note Certification"). After such 40th day, such certification requirement will no longer apply to such transfers. Beneficial interests in the Restricted Global Note may be transferred to a successor depository Person who takes delivery in the form of an interest in the Unrestricted Global Note, whether before, on or any nominee after such 40th day, only upon receipt by the Trustee of a written certification from the transferor to the effect that such successortransfer is being made in accordance with Rule 903 or 904 of Regulation S or Rule 144 under the Securities Act (an "Unrestricted Global Note Certification"). So Any beneficial interest in one of the Global Notes that is transferred to a Person who takes delivery in the form of an interest in the other Global Note will, upon transfer, cease to be an interest in such Global Note and will become an interest in the other Global Note and, accordingly, will thereafter be subject to all transfer restrictions and other procedures and restrictions applicable to beneficial interests in such other Global Note for as long as it remains such an interest. Ownership of beneficial interests in a Global Note will be limited to Persons who have accounts with DTC ("DTC Participants") or Persons who hold interests through DTC Participants. Ownership of beneficial interests in the Global Notes will be shown on, and the transfer of that ownership will be effected only through, records maintained by DTC or its nominee is (with respect to interests of DTC Participants) and the registered owner records of DTC Participants (with respect to interests of Persons other than DTC Participants). Individual definitive Notes issued in exchange for the Restricted Global Note will bear, and be subject to, such legend as the Company requires in order to assure compliance with any applicable law (which requirement shall be evidenced by delivery to the Trustee of a Global Company Order setting forth such legend). The holder of a restricted individual definitive Note may transfer such Note, DTC subject to compliance with the provisions of the legend as provided in paragraph (d) below. Upon the transfer, exchange or replacement of Notes bearing the legend, or upon specific request for removal of the legend on a Note, the Company will deliver and the Trustee will authenticate only Notes that bear such nomineelegend, or will refuse to remove such legend, as the case may be, unless there is delivered to the Company such satisfactory evidence, which may include an opinion of counsel, as may reasonably be required by the Company, that neither the legend nor the restrictions on transfer set forth therein are required to ensure compliance with the provisions of the Securities Act. Before any individual definitive Note may be transferred to a Person who takes delivery in the form of an interest in any Global Note, the transferor will be considered required to provide the sole owner or holder of the Notes represented by such Trustee with a Restricted Global Note for all purposes under this Supplemental Indenture. Except as described below, owners of beneficial interest in Notes evidenced by a Certification or Unrestricted Global Note will not be entitled to have any of Certification, as the individual Notes represented by such Global Note registered in their names, will not receive or be entitled to receive physical delivery of any such Notes in definitive form and will not be considered the owners or holders thereof under the Indenture or this Supplemental Indenture. If DTC is at any time unwilling, unable or ineligible to continue as depository and a successor depository is not appointed by the Company within 90 days, the Company will issue individual Notes in exchange for the Global Note or Global Notes representing such Notes. In addition, the Company case may at any time and in its sole discretion, subject to certain limitations set forth in the Indenture, determine not to have any of such Notes represented by one or more Global Notes and, in such event, will issue individual Notes in exchange for the Global Note or Global Notes representing the Notes. Individual Notes so issued will be issued in denominations of $1,000 and integral multiples thereofbe.

Appears in 2 contracts

Sources: Supplemental Indenture (Health & Retirement Properties Trust), Supplemental Indenture (Health & Retirement Properties Trust)

Title; Limitation on Aggregate Principal Amount; Form of Notes. The Notes shall be Registered Securities under the Indenture and shall be known as the Company's "7.006.85% Senior Notes due 20082012." The Notes will be limited to an aggregate principal amount of $150,000,000Notes which may be authenticated and delivered under this Indenture Supplement shall not, and except as provided in this Section and in Section 306 permitted by the provisions of the Indenture, exceed $125,000,000 provided that the Company shall not execute may, without the consent of the holders of the Notes, reopen this series and issue additional Notes under the Trustee shall not authenticate or deliver Indenture and this Indenture Supplement in addition to the $125,000,000 of Notes in excess authorized as of such principal amountthe date hereof. The Notes (together with the Trustee's certificate of authentication) shall be substantially in the form of Exhibit A hereto, which is hereby incorporated in and made a part of this Supplemental Indenture. The Notes will be issued in the form of one or more registered global security securities without coupons ("Global Notes") which will be deposited with, or on behalf of, The Depository Trust Company ("DTC"), and registered in the name of DTC's nominee, Cede & Co. Except under the circumstance described below, the Notes will not be issuable in definitive form. Unless and until it is exchanged in whole or in part for the individual notes represented thereby, a Global Note may not be transferred except as a whole by DTC to a nominee of DTC or by a nominee of DTC to DTC or another nominee of DTC or by DTC or any nominee of DTC to a successor depository depositary or any nominee of such successor. So long as DTC or its nominee is the registered owner of a Global Note, DTC or such nominee, as the case may be, will be considered the sole owner or holder of the Notes represented by such Global Note for all purposes under this Supplemental Indenture. Except as described below, owners of beneficial interest in Notes evidenced by a Global Note will not be entitled to have any of the individual Notes represented by such Global Note registered in their names, will not receive or be entitled to receive physical delivery of any such Notes in definitive form and will not be considered the owners or holders thereof under the Indenture or this Supplemental Indenture. If DTC is at any time unwilling, unable or ineligible to continue as depository depositary and a successor depository depositary is not appointed by the Company within 90 days, the Company will issue individual Notes in exchange for the Global Note or Global Notes representing such Notes. In addition, the Company may at any time and in its sole discretion, subject to certain limitations set forth in the Indenture, determine not to have any of such Notes represented by one or more Global Notes and, in such event, will issue individual Notes in exchange for the Global Note or Global Notes representing the Notes. Individual Notes so issued will be issued in denominations of $1,000 and integral multiples thereof.

Appears in 2 contracts

Sources: Supplemental Indenture (Hospitality Properties Trust), Supplemental Indenture (Hospitality Properties Trust)

Title; Limitation on Aggregate Principal Amount; Form of Notes. The Notes shall be Registered Securities under the Indenture and shall be known as the Company's "7.006 3/4% Senior Notes due 20082013." The Notes will be limited to an aggregate principal amount of $150,000,000Notes which may be authenticated and delivered under this Indenture Supplement shall not, and except as provided in this Section and in Section 306 permitted by the provisions of the Indenture, exceed $175,000,000 provided that the Company shall not execute may, without the consent of the holders of the Notes, reopen this series and issue additional Notes under the Trustee shall not authenticate or deliver Indenture and this Indenture Supplement in addition to the $175,000,000 of Notes in excess authorized as of such principal amountthe date hereof. The Notes (together with the Trustee's certificate of authentication) shall be substantially in the form of Exhibit A hereto, which is hereby incorporated in and made a part of this Supplemental Indenture. The Notes will be issued in the form of one or more registered global security securities without coupons ("Global Notes") which will be deposited with, or on behalf of, The Depository Trust Company ("DTC"), and registered in the name of DTC's nominee, Cede & Co. Except under the circumstance described below, the Notes will not be issuable in definitive form. Unless and until it is exchanged in whole or in part for the individual notes represented thereby, a Global Note may not be transferred except as a whole by DTC to a nominee of DTC or by a nominee of DTC to DTC or another nominee of DTC or by DTC or any nominee of DTC to a successor depository depositary or any nominee of such successor. So long as DTC or its nominee is the registered owner of a Global Note, DTC or such nominee, as the case may be, will be considered the sole owner or holder of the Notes represented by such Global Note for all purposes under this Supplemental Indenture. Except as described below, owners of beneficial interest in Notes evidenced by a Global Note will not be entitled to have any of the individual Notes represented by such Global Note registered in their names, will not receive or be entitled to receive physical delivery of any such Notes in definitive form and will not be considered the owners or holders thereof under the Indenture or this Supplemental Indenture. If DTC is at any time unwilling, unable or ineligible to continue as depository depositary and a successor depository depositary is not appointed by the Company within 90 days, the Company will issue individual Notes in exchange for the Global Note or Global Notes representing such Notes. In addition, the Company may at any time and in its sole discretion, subject to certain limitations set forth in the Indenture, determine not to have any of such Notes represented by one or more Global Notes and, in such event, will issue individual Notes in exchange for the Global Note or Global Notes representing the Notes. Individual Notes so issued will be issued in denominations of $1,000 and integral multiples thereof.

Appears in 1 contract

Sources: Supplemental Indenture (Hospitality Properties Trust)

Title; Limitation on Aggregate Principal Amount; Form of Notes. The Notes shall be Registered Securities under the Indenture and shall be known as the Company's "7.00$100,000,000 6.7% Senior Notes due 2008." February 23, 2005. The Notes will be limited to an aggregate principal amount of $150,000,000, and except as provided in this Section and in Section 306 of the Indenture, the Company shall not execute and the Trustee shall not authenticate or deliver Notes in excess of such principal amount100,000,000. The Notes (together with the Trustee's certificate of authentication) shall be substantially in the form of Exhibit A hereto, which is hereby incorporated in and made a part of this Supplemental Indenture. The Notes will be issued in the form of one or more single fully registered global security without coupons (the "Global NotesNote") which will be deposited with, or on behalf of, The Depository Trust Company ("DTC"), and registered in the name of DTC's nominee, Cede & Co. Except under the circumstance described below, the Notes will not be issuable in a definitive form. Unless and until it is exchanged in whole or in part for the individual notes represented thereby, a Global Note may not be transferred except as a whole by DTC to a nominee of DTC or by a nominee of DTC to DTC or another nominee of DTC or by DTC or any nominee of DTC to a successor depository or any nominee of such successor. So long as DTC or its nominee is the registered owner of a such Global Note, DTC or such nominee, as the case may be, will be considered the sole owner or holder of the Notes represented by such Global Note for all purposes under this Supplemental Indenture. Except as described below, owners of beneficial interest in Notes evidenced by a Global Note will not be entitled to have any of the individual Notes represented by such Global Note registered in their names, will not receive or be entitled to receive physical delivery of any such Notes in definitive form and will not be considered the owners or holders thereof under the Indenture or this Supplemental Indenture. If DTC is at any time unwilling, unable or ineligible to continue as depository and a successor depository is not appointed by the Company within 90 days, the Company will issue individual Notes in exchange for the Global Note or Global Notes representing such Notes. In addition, the Company may at any time and in its sole discretion, subject to certain limitations set forth in the Indenture, determine not to have any of such Notes represented by one or more Global Notes and, and in such event, event will issue individual Notes in exchange for the Global Note or Global Notes representing the Notessuch debt Securities. Individual Notes so issued will be issued in denominations of $1,000 and integral multiples thereofthereof and will be issued in registered form only, without coupons.

Appears in 1 contract

Sources: Supplemental Indenture (Health & Retirement Properties Trust)

Title; Limitation on Aggregate Principal Amount; Form of Notes. The Notes shall be Registered Securities under the Indenture and shall be known as the Company's "7.00$100,000,000 6.70% Senior Notes due 2008." 2005. The Notes will be limited to an aggregate principal amount of $150,000,000, and except as provided in this Section and in Section 306 of the Indenture, the Company shall not execute and the Trustee shall not authenticate or deliver Notes in excess of such principal amount100,000,000. The Notes (together with the Trustee's certificate of authentication) shall be substantially in the form of Exhibit A hereto, which is hereby incorporated in and made a part of this Supplemental Indenture. The Notes will be issued in the form of one or more single fully registered global security without coupons (the "Global NotesNote") which will be deposited with, or on behalf of, The Depository Trust Company ("DTC"), and registered in the name of DTC's nominee, Cede & Co. Except under the circumstance described below, the Notes will not be issuable in a definitive form. Unless and until it is exchanged in whole or in part for the individual notes represented thereby, a the Global Note may not be transferred except as a whole by DTC to a nominee of DTC or by a nominee of DTC to DTC or another nominee of DTC or by DTC or any nominee of DTC to a successor depository or any nominee of such successor. So long as DTC or its nominee is the registered owner of a such Global Note, DTC or such nominee, as the case may be, will be considered the sole owner or holder of the Notes represented by such Global Note for all purposes under this Supplemental Indenture. Except as described below, owners of beneficial interest in Notes evidenced by a the Global Note will not be entitled to have any of the individual Notes represented by such Global Note registered in their names, will not receive or be entitled to receive physical delivery of any such Notes in definitive form and will not be considered the owners or holders thereof under the Indenture or this Supplemental Indenture. If DTC is at any time unwilling, unable or ineligible to continue as depository and a successor depository is not appointed by the Company within 90 days, the Company will issue individual Notes in exchange for the Global Note or Global Notes representing such Notes. In addition, the Company may at any time and in its sole discretion, subject to certain limitations set forth in the Indenture, determine not to have any of such Notes represented by one or more Global Notes and, and in such event, event will issue individual Notes in exchange for the Global Note or Global Notes representing the Notessuch debt Securities. Individual Notes so issued will be issued in denominations of $1,000 and integral multiples thereofthereof and will be issued in registered form only, without coupons.

Appears in 1 contract

Sources: Supplemental Indenture (Health & Retirement Properties Trust)

Title; Limitation on Aggregate Principal Amount; Form of Notes. The Notes shall be Registered Securities under the Indenture and shall be known as the Company's "7.008 1/4% Monthly Income Senior Notes due 20082005." The Notes will be limited to an aggregate principal amount of $150,000,000100,000,000, subject to the right of the Company to reopen such series for issuances of additional securities of such series and except as provided in this Section and in Section 306 of the Indenture, the Company shall not execute and the Trustee shall not authenticate or deliver Notes in excess of such principal amount. The Notes (together with the Trustee's certificate of authentication) shall be substantially in the form of Exhibit A hereto, which is hereby incorporated in and made a part of this Supplemental Indenture. The Notes will be issued in the form of one or more registered global security securities without coupons ("Global Notes") which that will be deposited with, or on behalf of, The Depository Trust Company ("DTC"), and registered in the name of DTC's nominee, Cede & Co. Except under the circumstance described below, the Notes will not be issuable in definitive form. Unless and until it is exchanged in whole or in part for the individual notes represented thereby, a Global Note may not be transferred except as a whole by DTC to a nominee of DTC or by a nominee of DTC to DTC or another nominee of DTC or by DTC or any nominee of DTC to a successor depository depositary or any nominee of such successor. So long as DTC or its nominee is the registered owner of a Global Note, DTC or such nominee, as the case may be, will be considered the sole owner or holder of the Notes represented by such Global Note for all purposes under this Supplemental Indenture. Except as described below, owners of beneficial interest in Notes evidenced by a Global Note will not be entitled to have any of the individual Notes represented by such Global Note registered in their names, will not receive or be entitled to receive physical delivery of any such Notes in definitive form and will not be considered the owners or holders thereof under the Indenture or this Supplemental Indenture. If DTC is at any time unwilling, unable or ineligible to continue as depository depositary and a successor depository depositary is not appointed by the Company within 90 days, the Company will issue individual Notes in exchange for the Global Note or Global Notes representing such Notes. In addition, the Company may at any time and in its sole discretion, subject to certain limitations set forth in the Indenture, determine not to have any of such Notes represented by one or more Global Notes and, in such event, will issue individual Notes in exchange for the Global Note or Global Notes representing the Notes. Individual Notes so issued will be issued in denominations of $1,000 and integral multiples thereof.

Appears in 1 contract

Sources: Supplemental Indenture (Hospitality Properties Trust)

Title; Limitation on Aggregate Principal Amount; Form of Notes. The Notes shall be Registered Securities under the Indenture and shall be known as the Company's "7.005 1/8% Senior Notes due 2008February 15, 2015." The Notes will be limited to an aggregate principal amount of $150,000,000Notes which may be authenticated and delivered under this Supplemental Indenture shall not, and except as provided in this Section and in Section 306 permitted by the provisions of the Indenture, exceed $300,000,000, provided that the Company shall not execute may, without the consent of the Holders of the Notes, reopen this series and issue additional Notes under the Trustee shall not authenticate or deliver Indenture and this Supplemental Indenture in addition to the $300,000,000 of Notes in excess authorized as of such principal amountthe date hereof. The Notes (together with the Trustee's certificate of authentication) shall be substantially in the form of Exhibit A hereto, which is hereby incorporated in and made a part of this Supplemental Indenture. The Notes will be issued in the form of one or more registered global security securities without coupons ("Global Notes") which will be deposited with, or on behalf of, The Depository Trust Company ("DTC"), and registered in the name of DTC's nominee, Cede & Co. Except under the circumstance described below, the Notes will not be issuable in definitive form. Unless and until it is exchanged in whole or in part for the individual notes Notes represented thereby, a Global Note may not be transferred except as a whole by DTC to a nominee of DTC or by a nominee of DTC to DTC or another nominee of DTC or by DTC or any nominee of DTC to a successor depository depositary or any nominee of such successor. So long as DTC or its nominee is the registered owner of a Global Note, DTC or such nominee, as the case may be, will be considered the sole owner or holder of the Notes represented by such Global Note for all purposes under this Supplemental Indenture. Except as described below, owners of beneficial interest in Notes evidenced by a Global Note will not be entitled to have any of the individual Notes represented by such Global Note registered in their names, will not receive or be entitled to receive physical delivery of any such Notes in definitive form and will not be considered the owners or holders thereof under the Indenture or this Supplemental Indenture. If DTC is at any time unwilling, unable or ineligible to continue as depository depositary and a successor depository depositary is not appointed by the Company within 90 days, the Company will issue individual Notes in exchange for the Global Note or Global Notes representing such Notes. In addition, the Company may at any time and in its sole discretion, subject to certain limitations set forth in the Indenture, determine not to have any of such Notes represented by one or more Global Notes and, in such event, will issue individual Notes in exchange for the Global Note or Global Notes representing the Notes. Individual Notes so issued will be issued in denominations of $1,000 and integral multiples thereof.

Appears in 1 contract

Sources: Supplemental Indenture (Hospitality Properties Trust)