Global Unit definition

Global Unit means a Unit in global form that shall (a) evidence the number of Units specified therein, (b) be registered on the Security Register in the name of the Depositary or its nominee, (c) include, as attachments thereto, a Component Note and a Component Purchase Contract, evidencing, respectively, a number of Notes and a number of Purchase Contracts, in each case, equal to the number of Units evidenced by such Unit in global form, and (d) be held by the Purchase Contract Agent as custodian for the Depositary.
Global Unit means any Unit that comprises one or more Global Securities and is represented by a global Unit Certificate in bearer or registered form.
Global Unit has the meaning ascribed to such term in the Purchase Contract Agreement.

Examples of Global Unit in a sentence

  • Such Global Units shall initially be registered on the books and records of the Company in the name of Cede & Co., the nominee of DTC, and no Beneficial Holder will receive a Definitive Unit representing such Beneficial Holder’s interest in such Global Unit, except as provided in Section 3.09.

  • Dated: [NAME OF BENEFICIAL HOLDER] By: Name: Title: Address: [NAME OF DEPOSITORY PARTICIPANT]* By: Name: Address: Attest By: * Include only if a Global Unit.

  • In order to cause the separation of a Global Unit into its component parts, a Beneficial Holder must comply with the applicable procedures of the Depositary.

  • Where this Agreement provides for notice to Holders, such notice shall be sufficiently given (unless otherwise herein expressly provided) if in writing and mailed, first class postage prepaid, to each Holder entitled thereto, at his last address as it appears in the Security Register; provided, however, that, in the case of a Global Unit or Global Purchase Contract, electronic notice may be given to the Depositary, as the Holder thereof, in accordance with the applicable procedures of the Depositary.

  • The following increases or decreases in this Global Unit have been made: Date Amount of increase in number of Units evidenced by the Global Unit Amount of decrease in number of Units evidenced by the Global Unit Number of Units evidenced by the Global Unit following such decrease or increase Signature of authorized signatory of Purchase Contract Agent * Include only if a Global Unit.


More Definitions of Global Unit

Global Unit means a Certificate that evidences all or part of the Units and is registered in the name of a Clearing Agency or a nominee thereof.
Global Unit means a Unit compromised of Global Notes.
Global Unit means a Unit in global form that shall (a) evidence the number of Units specified therein, (b) be registered on the Security Register in the name of the Depositary or its
Global Unit shall have the meaning specified in the Units Agreement.
Global Unit means a Unit in global form that (i) shall be registered on the books and records of the Purchase Contract Agent in the name of the Depositary or its nominee and (ii) shall be held by the Purchase Contract Agent as custodian for the Depositary.
Global Unit means a Unit in global form that (a) shall evidence the number of Units specified therein, (b) shall be registered on the Security Register in the name of the Depositary or its nominee, (c) shall include, as attachments thereto, a Component Mandatory Redeemable Preferred Stock and a Component Purchase Contract, evidencing, respectively, a number of shares of Mandatory Redeemable Preferred Stock and a number of Purchase Contracts, in each case, equal to the number of Units evidenced by such Unit in global form, and (d) shall be held by the Purchase Contract Agent as custodian for the Depositary.
Global Unit means a Unit in global form that shall (a) evidence the number of Units specified therein, (b) be registered on the Security Register in the name of the Depositary or itsnominee, (c) include, as attachments thereto, a Component Note and a Component Purchase Contract, evidencing, respectively, a number of Notes and a number of Purchase Contracts, in each case, equal to the number of Units evidenced by such Unit in global form, and (d) be held by the Purchase Contract Agent as custodian for the Depositary.