If Physical Note definition

If Physical Note. A Holder may register the transfer or exchange of Physical Notes in accordance with the Indenture. The Registrar may require a Holder of a Physical Note, among other things, to furnish appropriate endorsements and transfer documents and to pay any taxes and fees required by law or permitted by the Indenture. The Registrar need not register the transfer or exchange of any Physical Notes selected for redemption. Also, it need not register the transfer or exchange of any Notes for a period of 15 days before a selection of Notes to be redeemed is made.] 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, certificates, opinions and transfer documents and to pay any taxes and fees required by law or permitted by the Indenture. The Registrar need not exchange or register the transfer of any Note or portion of a Note selected for redemption. Also, it need not exchange or register the transfer of any Notes for a period of 15 days before a selection of Notes to be redeemed.
If Physical Note. With respect to Physical Notes, the Company will make all payments of principal, premium, interest and defaulted interest, if any by wire transfer of immediately available funds to the U.S. dollar accounts maintained by the Holders with banks in the United States, or, if no such account is designated by any Holder to the Trustee or the Paying Agent at least 30 days prior to the relevant due date for payment (or such other date as the Trustee may accept in its discretion), by mailing a check to the registered address of such Holder.] If a payment date is a date other than a Business Day at a place of payment, payment may be made at that place on the next succeeding day that is a Business Day and no interest shall accrue for the intervening period. The Company, at its option, may pay principal, and premium, if any, by check payable in such money mailed to a Holder's registered address or at the office or agency of the Company maintained for such purpose in the City of New York.