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

Transfer and Exchange of Global Securities. (i) The transfer and exchange of Global Securities or beneficial interests therein shall be effected through the Depositary, in accordance with this Indenture and the procedures of the Depositary therefor. A transferor of a beneficial interest in a Global Security shall deliver a written order given in accordance with the Depositary’s procedures containing information regarding the participant account of the Depositary to be credited with a beneficial interest in such Global Security or another Global Security and such account shall be credited in accordance with such order with a beneficial interest in the applicable Global Security and the account of the Person making the transfer shall be debited by an amount equal to the beneficial interest in the Global Security being transferred.

Appears in 29 contracts

Samples: Indenture (United Rentals North America Inc), Indenture (United Rentals North America Inc), Indenture (United Rentals Inc /De)

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Transfer and Exchange of Global Securities. (i) The transfer and exchange of Global Securities or beneficial interests therein shall be effected through the DepositaryDepository, in accordance with this Indenture (including applicable restrictions on transfer set forth herein, if any) and the procedures of the Depositary Depository therefor. A transferor of a beneficial interest in a Global Security shall deliver a written order given in accordance with the DepositaryDepository’s procedures containing information regarding the participant account of the Depositary Depository to be credited with a beneficial interest in such Global Security or another the Global Security and such account shall be credited in accordance with such order instructions with a beneficial interest in the applicable Global Security and the account of the Person making the transfer shall be debited by an amount equal to the beneficial interest in the Global Security being transferred.

Appears in 24 contracts

Samples: Indenture (Level 3 Communications Inc), Indenture (Level 3 Communications Inc), Supplemental Indenture (Level 3 Communications Inc)

Transfer and Exchange of Global Securities. (i) The transfer and exchange of Global Securities or beneficial interests therein shall be effected through the DepositaryDepository, in accordance with this the Indenture (including applicable restrictions on transfer set forth herein, if any) and the procedures of the Depositary Depository therefor. A transferor of a beneficial interest in a Global Security shall deliver a written order given in accordance with the DepositaryDepository’s procedures containing information regarding the participant account of the Depositary Depository to be credited with a beneficial interest in such Global Security or another the Global Security and such account shall be credited in accordance with such order instructions with a beneficial interest in the applicable Global Security and the account of the Person person making the transfer shall be debited by an amount equal to the beneficial interest in the Global Security being transferred.

Appears in 7 contracts

Samples: Indenture (Qwest Corp), Indenture (Qwest Corp), Indenture (Qwest Corp)

Transfer and Exchange of Global Securities. (i) The transfer and exchange of Global Securities or beneficial interests therein shall be effected through the DepositaryDepository, in accordance with this the Indenture (including applicable restrictions on transfer set forth herein, if any) and the procedures of the Depositary Depository therefor. A transferor of a beneficial interest in a Global Security shall deliver a written order given in accordance with the DepositaryDepository’s procedures containing information regarding the participant account of the Depositary Depository to be credited with a beneficial interest in such Global Security or another the Global Security and such account shall be credited in accordance with such order instructions with a beneficial interest in the applicable Global Security and the account of the Person making the transfer shall be debited by an amount equal to the beneficial interest in the Global Security being transferred.

Appears in 7 contracts

Samples: Indenture (Level 3 Parent, LLC), Agreement (Level 3 Parent, LLC), Agreement (Level 3 Parent, LLC)

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Transfer and Exchange of Global Securities. (i) The transfer and exchange of Global Securities or beneficial interests therein shall be effected through the DepositaryDepository, in accordance with this Indenture (including applicable restrictions on transfer set forth herein, if any) and the procedures of the Depositary Depository therefor. A transferor of a beneficial interest in a Global Security shall deliver a written order given in accordance with the Depositary’s 's procedures containing information regarding the participant account of the Depositary to be credited with a beneficial interest in such Global Security or another the Global Security and such account shall be credited in accordance with such order instructions with a beneficial interest in the applicable Global Security and the account of the Person making the transfer shall be debited by an amount equal to the beneficial interest in the Global Security being transferred.

Appears in 1 contract

Samples: Boyd Gaming Corp

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