Common use of Transfer; Exchange Clause in Contracts

Transfer; Exchange. The Notes are in registered form without coupons. The transfer of Notes may be registered and Notes may be exchanged as provided in the Indenture. The Registrar and the Trustee may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and the Company may require a Holder to pay any taxes and fees required by law or permitted by the Indenture. The Company need not exchange or register the transfer of any Note or portion of a Note selected for prepayment, except for the unpaid portion of any Note being prepaid in part. Also, the Company need not exchange or register the transfer of any Notes for a period of 15 days before a selection of Notes to be prepaid or during the period between a record date and the corresponding Payment Date.