Common use of Transfer and Exchange of Global Bonds Clause in Contracts

Transfer and Exchange of Global Bonds. Except as expressly permitted herein, Global Bonds 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 any such nominee to a successor of DTC or a nominee of such successor. Global Bonds shall be exchangeable for corresponding Definitive Bonds registered in a name other than DTC or its nominee only if (i) DTC (A) notifies the Company that it is unwilling or unable to continue as a Depository for any of the Global Bonds or (B) at any time ceases to be a clearing agency registered under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), (ii) there shall have occurred and be continuing an event of default with respect to the Bonds of the 2013 Series or (iii) the Company executes and delivers to the Trustee an order to the effect that the Global Bonds will be so exchangeable. Upon the occurrence of any of the preceding events in (i), (ii) or (iii) above, Definitive Bonds shall be issued in such names as the Depository shall instruct the Trustee. Global Bonds also may be exchanged or replaced, in whole or in part, as provided herein. Every Bond of the 2013 Series authenticated and delivered in exchange for, or in lieu of, a Global Bond or any portion thereof, pursuant to this Section 1.10(a) shall be authenticated and delivered in the form of, and shall be, a Global Bond. A Global Bond may not be exchanged for another Bond of the 2013 Series, whether in global or certificated form, other than as provided in this Section 1.10.

Transfer and Exchange of Global Bonds. Except as expressly permitted herein, Global Bonds 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 any such nominee to a successor of DTC or a nominee of such successor. Global Bonds shall be exchangeable for corresponding Definitive Bonds registered in a name other than DTC or its nominee only if (i) DTC (A) notifies the Company that it is unwilling or unable to continue as a Depository for any of the Global Bonds or (B) at any time ceases to be a clearing agency registered under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), (ii) there shall have occurred and be continuing an event of default with respect to the Bonds of the 2013 2010 Second Series or (iii) the Company executes and delivers to the Trustee an order to the effect that the Global Bonds will be so exchangeable. Upon the occurrence of any of the preceding events in (i), (ii) or (iii) above, Definitive Bonds shall be issued in such names as the Depository shall instruct the Trustee. Global Bonds also may be exchanged or replaced, in whole or in part, as provided herein. Every Bond of the 2013 2010 Second Series authenticated and delivered in exchange for, or in lieu of, a Global Bond or any portion thereof, pursuant to this Section 1.10(a1.08(a) shall be authenticated and delivered in the form of, and shall be, a Global Bond. A Global Bond may not be exchanged for another Bond of the 2013 2010 Second Series, whether in global or certificated form, other than as provided in this Section 1.101.08.

Transfer and Exchange of Global Bonds. Except as expressly permitted herein, Global Bonds 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 any such nominee to a successor of DTC or a nominee of such successor. Global Bonds shall be exchangeable for corresponding Definitive Bonds registered in a name other than DTC or its nominee only if (i) DTC (A) notifies the Company that it is unwilling or unable to continue as a Depository for any of the Global Bonds or (B) at any time ceases to be a clearing agency registered under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), (ii) there shall have occurred and be continuing an event of default with respect to the Bonds of the 2013 Medium Term Note Series VI or (iii) the Company executes and delivers to the Trustee an order to the effect that the Global Bonds will be so exchangeable. Upon the occurrence of any of the preceding events in (i), (ii) or (iii) above, Definitive Bonds shall be issued in such names as the Depository shall instruct the Trustee. Global Bonds also may be exchanged or replaced, in whole or in part, as provided herein. Every Bond of the 2013 Medium Term Note Series VI authenticated and delivered in exchange for, or in lieu of, a Global Bond or any portion thereof, pursuant to this Section 1.10(a1.08(a) shall be authenticated and delivered in the form of, and shall be, a Global Bond. A Global Bond may not be exchanged for another Bond of the 2013 SeriesMedium Term Note Series VI, whether in global or certificated form, other than as provided in this Section 1.101.08.

Transfer and Exchange of Global Bonds. Except as expressly permitted herein, A Global Bonds Bond may not be transferred except as a whole except by DTC the Depositary to a nominee of DTC or the Depositary, by a nominee of DTC the Depositary to DTC the Depositary or to another nominee of DTC the Depositary, or by the Depositary or any such nominee to a successor of DTC Depositary or a nominee of such successorsuccessor Depositary. All Global Bonds shall will be exchangeable exchanged by the Company for corresponding Definitive Bonds registered in a name other than DTC or its nominee only if (i) DTC (A) notifies the Company delivers to the Trustee notice from the Depositary that it is unwilling or unable to continue to act as a Depository for any of the Global Bonds Depositary or (B) at any time ceases to be that it is no longer a clearing agency registered under the Securities Exchange Act and, in either case, a successor Depositary is not appointed by the Company within 120 days after the date of 1934, as amended (such notice from the "Exchange Act"), Depositary; or (ii) there shall have occurred and be continuing an event of default with respect to the Bonds of the 2013 Series or (iii) the Company executes and delivers to the Trustee an order to the effect in its sole discretion determines that the Global Bonds will (in whole but not in part) should be so exchangeableexchanged for Definitive Bonds and delivers a written notice to such effect to the Trustee. Upon the occurrence of any either of the preceding events in (i), (ii) or (iiiii) above, Definitive Bonds shall be issued in such names as the Depository Depositary shall instruct the Trustee. Global Bonds also may be exchanged or replaced, in whole or in part, as provided hereinin Sections 2.07 and 2.10 hereof. Every Bond of the 2013 Series authenticated and delivered in exchange for, or in lieu of, a Global Bond or any portion thereof, pursuant to this Section 1.10(a) 2.06 or Section 2.07 or 2.10 hereof, shall be authenticated and delivered in the form of, and shall be, a Global Bond. A Global Bond may not be exchanged for another Bond of the 2013 Series, whether in global or certificated form, other than as provided in this Section 1.102.06(a), however, beneficial interests in a Global Bond may be transferred and exchanged as provided in Section 2.06(b) or (c) hereof.