Common use of Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes Clause in Contracts

Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. If any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive Note, then, upon satisfaction of the conditions set forth in Section 2.06(b)(ii) hereof, the Subordinated Debenture Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(h) hereof, and the Company shall execute and the Subordinated Debenture Trustee shall authenticate and make available for delivery to the Person designated in the instructions a Definitive Note in the appropriate principal amount. Any Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(iii) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Subordinated Debenture Trustee shall make available for delivery such Definitive Notes to the Persons in whose names such Notes are so registered. Any Definitive Note issued in exchange for a beneficial interest pursuant to this section 2.06(c)(iii) shall not bear the Private Placement Legend. A beneficial interest in an Unrestricted Global Note cannot be exchanged for a Definitive Note bearing the Private Placement Legend or transferred to a Person who takes delivery thereof in the form of a Definitive Note bearing the Private Placement Legend.

Appears in 1 contract

Samples: Vegeterian Times Inc

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Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. If any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive Note, then, upon the occurrence of any of the events described in clauses (i) through (iii) of Section 2.05(a) of this Ninth Supplemental Indenture and the satisfaction of the conditions set forth in Section 2.06(b)(ii2.05(b)(ii) hereofof this Ninth Supplemental Indenture, the Subordinated Debenture Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(h2.05(i) hereofof this Ninth Supplemental Indenture, and the Company shall execute and and, upon receipt of a Company Order, the Subordinated Debenture Trustee shall authenticate and make available for delivery deliver to the Person designated in the instructions a Definitive Note in the appropriate applicable principal amount. Any Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(iii2.05(c)(iii) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct the Security Registrar through instructions from or through the Depositary Depository and the Participant or Indirect Participant. The Subordinated Debenture Trustee shall make available for delivery deliver such Definitive Notes to the Persons in whose names such Notes are so registered. Any Definitive Note issued in exchange for a beneficial interest pursuant to this section 2.06(c)(iiiSection 2.05(c)(iii) shall not bear the Private Placement Legend. A beneficial interest in an Unrestricted Global Note cannot be exchanged for a Definitive Note bearing the Private Placement Legend or transferred to a Person who takes delivery thereof in the form of a Definitive Note bearing the Private Placement Legend.

Appears in 1 contract

Samples: Ninth Supplemental Indenture (Seaspan CORP)

Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. If Subject to Section 2.6(a) hereof, if any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for a an Unrestricted Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a an Unrestricted Definitive Note, then, upon satisfaction of the applicable conditions set forth in Section 2.06(b)(ii2.6(b)(ii) hereof, the Subordinated Debenture Trustee shall cause the aggregate principal amount of the applicable Unrestricted Global Note to be reduced accordingly pursuant to Section 2.06(h2.6(h) hereof, and the Company Issuers shall execute and execute, and, upon receipt of an Authentication Order in accordance with Section 2.2 hereof or in accordance with a previously delivered Authentication Order, the Subordinated Debenture Trustee shall authenticate and make available for delivery (at the expense of the Issuers) deliver to the Person designated in the instructions a an Unrestricted Definitive Note in the appropriate principal amount. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(iii2.6(c)(iii) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Subordinated Debenture Trustee shall make available for delivery (at the expense of the Issuers) deliver such Unrestricted Definitive Notes to the Persons in whose names such Notes are so registered. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this section 2.06(c)(iiiSection 2.6(c)(iii) shall not bear the Private Placement Legend. A beneficial interest in an Unrestricted Global Note cannot be exchanged for a Definitive Note bearing the Private Placement Legend or transferred to a Person who takes delivery thereof in the form of a Definitive Note bearing the Private Placement Legend.

Appears in 1 contract

Samples: Indenture (Mobile Storage Group Inc)

Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. If Subject to Section 2.07(a) hereof, if any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for a an Unrestricted Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a an Unrestricted Definitive Note, then, upon satisfaction of the applicable conditions set forth in Section 2.06(b)(ii2.07(b)(ii) hereof, the Subordinated Debenture Trustee shall cause the aggregate principal amount of the applicable Unrestricted Global Note to be reduced accordingly pursuant to Section 2.06(h2.07(h) hereof, and the Company shall execute and and, upon receipt of an Authentication Order in accordance with Section 2.03 hereof or in accordance with a previously delivered Authentication Order, the Subordinated Debenture Trustee shall authenticate and make available for delivery deliver to the Person designated in the instructions a an Unrestricted Definitive Note in the appropriate principal amount. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(iii2.07(c)(iv) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Subordinated Debenture Trustee shall make available for delivery deliver such Unrestricted Definitive Notes to the Persons in whose names such Notes are so registered. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this section 2.06(c)(iiiSection 2.07(c)(iv) shall not bear the Private Placement Legend. A beneficial interest in an Unrestricted Global Note cannot be exchanged for a Definitive Note bearing the Private Placement Legend or transferred to a Person who takes delivery thereof in the form of a Definitive Note bearing the Private Placement Legend.

Appears in 1 contract

Samples: Registration Rights Agreement (Greenbrier Companies Inc)

Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. If Unrestricted Global Notes and beneficial interests therein shall be exchangeable for Definitive Notes if (i) the Depositary (x) notifies the Company that it is unwilling or unable to continue as depositary for the Unrestricted Global Notes, or (y) has ceased to be a clearing agency registered under the Exchange Act and the Company fails to appoint a successor, and, in either case, a successor Depositary is not appointed by the Company within 90 days after the date of such notice from the Depositary, or (ii) the Company, at its option, notifies the Trustee in writing that it elects to cause the issuance of the Definitive Notes. In all cases, Definitive Notes delivered in exchange for any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such or beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof interests therein will be registered in the form of a Definitive Notenames, thenand issued in any approved denominations, upon satisfaction requested by or on behalf of the conditions set forth Depositary in Section 2.06(b)(ii) hereofaccordance with the Applicable Procedures. In such event, the Subordinated Debenture Trustee shall cause the aggregate principal amount of the applicable Unrestricted Global Note Notes to be reduced canceled accordingly pursuant to Section 2.06(h) 2.11 hereof, and the Company shall execute and and, upon receipt of an Authentication Order in accordance with Section 2.02 with respect to such Note, the Subordinated Debenture Trustee shall authenticate and make available for delivery deliver to the Person designated Persons in the instructions a Definitive Note whose names such Notes are so registered in the appropriate principal amount. Any Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(iii) shall be registered in such name or names and in such authorized denomination or denominations as the holder Holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Subordinated Debenture Trustee shall make available for delivery such Definitive Notes to the Persons in whose names such Notes are so registered. Any Definitive Note issued in exchange for a beneficial interest pursuant to this section Section 2.06(c)(iii) shall not bear the Private Placement Legend. A beneficial interest in an Unrestricted Global Note cannot be exchanged for a Definitive Note bearing the Private Placement Legend or transferred to a Person who takes delivery thereof in the form of a Definitive Note bearing the Private Placement Legend.

Appears in 1 contract

Samples: Management Agreement (Dutchess County Cellular Telephone Co Inc)

Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. If Unrestricted Global Notes and beneficial interests therein shall be exchangeable for Definitive Notes if (i) the Depositary (x) notifies the Company that it is unwilling or unable to continue as depositary for the Unrestricted Global Notes, or (y) has ceased to be a clearing agency registered under the Exchange Act, and, in either case, a qualified successor Depositary is not appointed by the Company within 90 days after the date of such notice from the Depositary, (ii) the Company, in its sole discretion, determines not to have all the Notes represented by the Global Notes and delivers a written notice to that effect to the Trustee or (iii) there has occurred and is continuing a Default or Event of Default. In all cases, Definitive Notes delivered in exchange for any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such or beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof interests therein will be registered in the form of a Definitive Notenames, thenand issued in any approved denominations, upon satisfaction requested by or on behalf of the conditions set forth Depositary (in Section 2.06(b)(ii) hereofaccordance with the Applicable Procedures). In such event, the Subordinated Debenture Trustee shall cause the aggregate principal amount of the applicable Unrestricted Global Note Notes to be reduced canceled accordingly pursuant to Section 2.06(h) 2.11 hereof, and the Company shall execute and and, upon receipt of an Authentication Order in accordance with Section 2.02 with respect to such Note, the Subordinated Debenture Trustee shall authenticate and make available for delivery deliver to the Person person designated in the instructions a Definitive Note in the appropriate principal amount. Any Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(iii) shall be registered in such name or names and in such authorized denomination or denominations as the holder Holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Subordinated Debenture Trustee shall make available for delivery deliver such Definitive Notes to the Persons persons in whose names such Notes are so registered. Any Definitive Note issued in exchange for a beneficial interest pursuant to this section 2.06(c)(iiiSection 2.06(iii) shall not bear the Private Placement Legend. A beneficial interest in an Unrestricted Global Note cannot be exchanged for a Definitive Note bearing the Private Placement Legend or transferred to a Person who takes delivery thereof in the form of a Definitive Note bearing the Private Placement Legend.

Appears in 1 contract

Samples: Superior Energy Services Inc

Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. If any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive Note, then, upon the occurrence of any of the events described in clauses (i) through (iii) of Section 2.05(a) of this Fourteenth Supplemental Indenture and the satisfaction of the conditions set forth in Section 2.06(b)(ii2.05(b)(ii) hereofof this Fourteenth Supplemental Indenture, the Subordinated Debenture Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(h2.05(i) hereofof this Fourteenth Supplemental Indenture, and the Company shall execute and and, upon receipt of a Company Order, the Subordinated Debenture Trustee shall authenticate and make available for delivery deliver to the Person designated in the instructions a Definitive Note in the appropriate applicable principal amount. Any Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(iii2.05(c)(iii) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct the Security Registrar through instructions from or through the Depositary Depository and the Participant or Indirect Participant. The Subordinated Debenture Trustee shall make available for delivery deliver such Definitive Notes to the Persons in whose names such Notes are so registered. Any Definitive Note issued in exchange for a beneficial interest pursuant to this section 2.06(c)(iiiSection 2.05(c)(iii) shall not bear the Private Placement Legend. A beneficial interest in an Unrestricted Global Note cannot be exchanged for a Definitive Note bearing the Private Placement Legend or transferred to a Person who takes delivery thereof in the form of a Definitive Note bearing the Private Placement Legend.

Appears in 1 contract

Samples: Fourteenth Supplemental Indenture (Atlas Corp.)

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Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. If any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for a an Unrestricted Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Unrestricted Definitive Note, then, then after the occurrence of any of the events in subsection (i) or (ii) of Section 2.06(a) and upon the satisfaction of the conditions set forth in Section 2.06(b)(ii) hereof, the Subordinated Debenture Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(h) hereof, and the Company shall execute and the Subordinated Debenture Trustee shall authenticate and make available for delivery deliver to the Person designated in the instructions a an Unrestricted Definitive Note (accompanied by a notation of the Note Guarantees duly endorsed by the Guarantors) in the appropriate principal amount. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(iii2.06(c)(iv) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Subordinated Debenture Trustee shall make available for delivery deliver such Unrestricted Definitive Notes to the Persons in whose names such Notes are so registered. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this section 2.06(c)(iiiSection 2.06(c)(iv) shall not bear the Private Placement Legend. A beneficial interest in an Unrestricted Global Note cannot be exchanged for a Definitive Note bearing the Private Placement Legend or transferred to a Person who takes delivery thereof in the form of a Definitive Note bearing the Private Placement Legend.

Appears in 1 contract

Samples: Indenture (ReFinance America, LTD)

Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. If any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for a Definitive Note of the same Series of Notes or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive NoteNote of the same Series of Notes, then, upon the occurrence of any of the events described in clause (i), (ii), (iii) or (iv) of Section 2.06(a) hereof or the events described in clause (i), (ii), (iii) or (iv) of Section 2.06(b) hereof, as applicable, and satisfaction of the conditions set forth in Section 2.06(b)(ii2.06(c)(v) hereof, the Subordinated Debenture Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(h2.06(i) hereof, and the Company Issuers shall execute and and, upon receipt of an Authentication Order, the Subordinated Debenture Trustee shall authenticate and make available for delivery send to the Person designated in the instructions a Definitive Note of the same Series of Notes in the appropriate applicable principal amount. Any Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(iii2.06(d)(iv) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct the applicable Registrar through instructions from or through, in the Depositary case of Dollar Unrestricted Definitive Notes, the Dollar Note Depositary, and, in the case of Euro Unrestricted Definitive Notes, the Euro Note Depositary, and the Participant or Indirect Participant. The Subordinated Debenture Trustee shall make available for delivery send such Definitive Notes to the Persons in whose names such Notes are so registered. Any Definitive Note issued in exchange for a beneficial interest pursuant to this section 2.06(c)(iiiSection 2.06(d)(iv) shall not bear the Private Placement Legend. A beneficial interest in an Unrestricted Global Note cannot be exchanged for a Definitive Note bearing the Private Placement Legend or transferred to a Person who takes delivery thereof in the form of a Definitive Note bearing the Private Placement Legend.

Appears in 1 contract

Samples: Indenture (Clarios International Inc.)

Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive Notes. If Subject to Section 2.6(a) hereof, if any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for a an Unrestricted Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a an Unrestricted Definitive Note, then, upon satisfaction of the applicable conditions set forth in Section 2.06(b)(ii2.6(b)(ii) hereof, the Subordinated Debenture Trustee shall cause the aggregate principal amount of the applicable Unrestricted Global Note to be reduced accordingly pursuant to Section 2.06(h2.6(h) hereof, and the Company shall execute and execute, and, upon receipt of an Authentication Order in accordance with Section 2.2 hereof or in accordance with a previously delivered Authentication Order, the Subordinated Debenture Trustee shall authenticate and make available for delivery (at the expense of the Company) deliver to the Person designated in the instructions a an Unrestricted Definitive Note in the appropriate principal amount. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(c)(iii2.6(c)(iii) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Subordinated Debenture Trustee shall make available for delivery (at the expense of the Company) deliver such Unrestricted Definitive Notes to the Persons in whose names such Notes are so registered. Any Unrestricted Definitive Note issued in exchange for a beneficial interest pursuant to this section 2.06(c)(iiiSection 2.6(c)(iii) shall not bear the Private Placement Legend. A beneficial interest in an Unrestricted Global Note cannot be exchanged for a Definitive Note bearing the Private Placement Legend or transferred to a Person who takes delivery thereof in the form of a Definitive Note bearing the Private Placement Legend.

Appears in 1 contract

Samples: Supplemental Indenture (Local Insight Yellow Pages, Inc.)

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