Transfers and Exchanges of Notes Sample Clauses
Transfers and Exchanges of Notes. (a) Transfer and Exchange of Global Notes. A Global Note may be transferred in whole and not in part only pursuant to Section 4.2(b)(ii). A beneficial interest in a Global Note may not be exchanged for a Definitive Note other than pursuant to Section 4.2(b)(i). A Global Note may not be exchanged for another Note other than as provided in this Section 4.6(a), however, beneficial interests in a Global Note may be transferred and exchanged as provided in Section 4.6(b) or 4.6(c), as applicable.
(b) Transfer and Exchange of Beneficial Interests in the Global Notes. The transfer and exchange of beneficial interests in the Global Notes shall be effected through the Depository, in accordance with the provisions of this Indenture, applicable laws and the Applicable Procedures. In connection with a transfer and exchange of beneficial interest in Global Notes, the transferor of such beneficial interest must deliver to the Registrar either (A)
(1) a written order from a Participant or a Beneficial Holder, in each case, given to the Depository in accordance with the Applicable Procedures directing the Depository to credit or cause to be credited a beneficial interest in another Global Note in an amount equal to the beneficial interest to be transferred or exchanged, and (2) instructions given in accordance with the Applicable Procedures containing information regarding the Participant account to be credited with such increase, or (B) (1) a written order from a Participant or a Beneficial Holder, in each case, given to the Depository in accordance with the Applicable Procedures directing the Depository to cause to be issued a Definitive Note in an amount equal to the beneficial interest to be transferred, and (2) instructions given by the Depository to the Registrar containing information regarding the Person in whose name such Definitive Note shall be registered to effect the transfer referred to in (B)(1) above. Upon satisfaction of all of the requirements for transfer of beneficial interests in Global Notes contained in this Indenture and the Notes, the Trustee shall adjust the principal amount of the relevant Global Note(s) pursuant to Section 4.6(e).
(c) Transfer or Exchange of Beneficial Interests in the Global Notes for Definitive Notes. A holder of a beneficial interest in a Global Note may exchange such beneficial interest for a Definitive Note or may transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive Note only...
Transfers and Exchanges of Notes. Transfers and exchanges of Notes shall only be made in accordance with Section 2.2(b) (Forms of Notes) and this Section 2.5(d) (Registration, Registration of Transfer and Exchange).
Transfers and Exchanges of Notes. (a) To permit registrations of transfers and exchanges, the Issuer shall execute (in the case of Certificated Notes) and the Trustee shall authenticate, Certificated Notes and Uncertificated Notes in accordance with or at the Registrar’s request, and in accordance with the provisions of Section 2.9.
(b) All Certificated Notes and Uncertificated Notes upon any registration of transfer or exchange shall be valid obligations of the Issuer, evidencing the same debt and entitled to the same benefits under this Indenture as the Certificated Notes surrendered upon such registration of transfer or exchange.
(c) At the option of the Holder, Notes may be exchanged for other Notes of any authorized denomination or denominations of a like aggregate principal amount upon surrender of such Notes to be exchanged at the office or agency of the Registrar. Whenever any Certificated Notes are so surrendered for exchange, the Issuer shall execute (in the case of Certificated Notes) and the Trustee shall authenticate and deliver, the replacement Certificated Notes (or Uncertificated Notes) which the Holder making the exchange is entitled to in accordance with the provisions of Section 2.9.
Transfers and Exchanges of Notes. (a) Transfers of beneficial ownership in Notes represented by Global Notes will be effected through records maintained by CDS for such Global Note or its nominees (with respect to interests of participants) and on the records of participants (with respect to interests of persons other than participants). Unless the Issuer elects, in its sole discretion, to prepare and deliver Definitive Notes, Beneficial Holders who are not participants in CDS’s book-entry system, but who desire to purchase, sell or otherwise transfer ownership of or other interest in Global Notes, may do so only through Participants in CDS’s book-entry system.
(b) The ability of a Beneficial Holder of an interest in a Notes represented by a Global Note to pledge the Note or otherwise take action with respect to such owner’s interest in a Note represented by a Global Note (other than through a Participant) may be limited due to the lack of a physical certificate.
(c) If Definitive Notes are used instead of or in place of Global Notes, registered holders of Definitive Notes may transfer such Notes upon payment of certain charges incidental thereto, if any, by executing and delivering a form of transfer together with the Notes to the registrar for the Notes at its principal offices in Toronto, Ontario or such other city or cities as may from time to time be designated by the Issuer whereupon replacement Notes will be issued in authorized denominations in the same aggregate principal amount as the Notes so transferred, registered in the names of the transferees.
(d) At such time as all beneficial interests in a particular Global Note have been exchanged for Definitive Notes or exchanged or transferred to a Person (or Persons) that take delivery thereof in the form of a beneficial interest in one or more different Global Notes, or a particular Global Note has been redeemed, repurchased or canceled in whole and not in part, each such Global Note shall be returned to or retained and canceled by the Trustee in accordance with Section 3.10. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note or for Definitive Notes, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note (or in the case of uncertificated Global Notes, in accordance with the Truste...
Transfers and Exchanges of Notes. Transfers of Notes, in whole or in part, shall only be made in accordance with this Section 10(c).
Transfers and Exchanges of Notes. To permit registration of transfers and exchanges, the Issuer and the Guarantor shall execute and the Trustee shall authenticate certificated Notes, Definitive Notes and the Global Note at the Registrar's or co-registrar's request.
Transfers and Exchanges of Notes