Common use of Notes Outstanding Clause in Contracts

Notes Outstanding. In addition to the terms provided for in the Original Indenture, in the case of a Global Note, save for the purposes of determining Notes that are outstanding for consent or voting purposes under the Indenture, the Trustee shall rely on the records of the Clearing Systems in relation to any determination of the principal amount outstanding of such Global Note. For this purpose, “records” means the records that each of the Clearing Systems holds for its customers which reflect the amount of such customer’s interest in the Notes.

Appears in 2 contracts

Samples: Third Supplemental Indenture (W. P. Carey Inc.), Second Supplemental Indenture (W. P. Carey Inc.)

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Notes Outstanding. In addition to the terms provided for in the Original Indenture, in the case of a Global Note, save for the purposes of determining Notes that are outstanding for consent or voting purposes under the Indenture, the Trustee shall rely on the records of the Clearing Systems in relation to any determination of the principal amount outstanding of such Global Note. For this purpose, “records” means the records that each of the Clearing Systems holds for its customers which reflect the amount of such customer’s interest in the Notes.. ARTICLE FIVE

Appears in 2 contracts

Samples: Fifth Supplemental Indenture (W. P. Carey Inc.), Fourth Supplemental Indenture (W. P. Carey Inc.)

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Notes Outstanding. In addition to the terms provided for in the Original Indenture, in the case of a Global Note, save for the purposes of determining Notes that are outstanding for consent or voting purposes under the Indenture, the Trustee shall rely on the records of the Clearing Systems in relation to any determination of the principal amount outstanding of such Global Note. For this purpose, “records” means the records that each of the Clearing Systems holds for its customers which reflect the amount of such customer’s interest in the Notes.. ARTICLE FOUR

Appears in 1 contract

Samples: First Supplemental Indenture (W. P. Carey Inc.)

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