Common use of Transfer and Exchange of Definitive Securities for Beneficial Interests in Global Securities Clause in Contracts

Transfer and Exchange of Definitive Securities for Beneficial Interests in Global Securities. If any holder of a Definitive Security that is a QIB proposes to exchange such Security for a beneficial interest in a Global Security or if a holder proposes to transfer such Definitive Security to a QIB who takes delivery thereof in the form of a beneficial interest in a Global Security, then, upon receipt by the Registrar of the following documentation:

Appears in 4 contracts

Samples: Indenture (Mbia Inc), Security Agreement (Mbia Inc), Pledge Agreement (Mbia Inc)

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