Common use of Securities in Global Form; Depositories Clause in Contracts

Securities in Global Form; Depositories. (a) Each Registered Global Security shall: (i) represent and be denominated in an aggregate amount equal to the aggregate principal amount of the Securities of the series to be represented by such Registered Global Security, (ii) be registered in the name of either the Depository for such Registered Global Security or the nominee of such Depository, (iii) be delivered by the Trustee to such Depository or pursuant to such Depository's written instruction and (iv) bear a legend substantially to the following effect: "Unless and until it is exchanged in whole or in part for Securities in definitive form, this Registered Global Security may not be transferred except as a whole by the Depository to a nominee of the Depository or by a nominee of the Depository to the Depository or another nominee of the Depository or by the Depository or any nominee to a successor Depository or a nominee of any successor Depository." The notation of the record owner's interest in such Registered Global Security upon the original issuance thereof shall be deemed to be delivery in connection with the original issuance of each beneficial owner's interest in such Registered Global Security. Without limiting the foregoing, the Company and the Trustee shall have no responsibility, obligation or liability with respect to: (x) the maintenance, review or accuracy of the records of the Depository or of any of its participating organizations with respect to any ownership interest in or payments with respect to such Registered Global Security, (y) any communication with or delivery of any notice (including notices of redemption) with respect to the series of Securities represented by the Registered Global Security to any Person having any ownership interest in such Registered Global Security or to any of the Depository's participating organizations or (z) any payment made on account of any beneficial ownership interest in such Registered Global Security.

Appears in 5 contracts

Samples: Indenture (Lexar Media Inc), Transmeta Corp, Lexar Media Inc

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Securities in Global Form; Depositories. (a) Each Registered Global Security shall: (i) represent and be denominated in an aggregate amount equal to the aggregate principal amount of the Securities of the series Series to be represented by such Registered Global Security, (ii) be registered in the name of either the Depository for such Registered Global Security or the nominee of such Depository, (iii) be delivered by the Trustee to such Depository or pursuant to such Depository's written instruction and (iv) bear a legend substantially to the following effect: "Unless and until it is exchanged in whole or in part for Securities in definitive form, this Registered Global Security may not be transferred except as a whole by the Depository to a nominee of the Depository or by a nominee of the Depository to the Depository or another nominee of the Depository or by the Depository or any nominee to a successor Depository or a nominee of any successor Depository." The notation of the record owner's interest in such Registered Global Security upon the original issuance thereof shall be deemed to be delivery delivered in connection with the original issuance of each beneficial owner's interest in such Registered Global Security. Without limiting the foregoing, the Company Company, the Guarantor and the Trustee shall have no responsibility, obligation or liability with respect to: (x) the maintenance, review or accuracy of the records of the Depository or of any of its participating organizations with respect to any ownership interest in or payments with respect to such Registered Global Security, (y) any communication with or delivery of any notice (including notices of redemption) with respect to the series Series of Securities represented by the Registered Global Security to any Person having any ownership interest in such Registered Global Security or to any of the Depository's participating organizations or (z) any payment made on account of any beneficial ownership interest in such Registered Global Security.

Appears in 3 contracts

Samples: Indenture (Chevron Canada Capital Co), Chevrontexaco Corp, Chevron Canada Capital Co

Securities in Global Form; Depositories. (a) Each Registered Global Security shall: (i) represent and be denominated in an aggregate amount equal to the aggregate principal amount of the Securities of the series to be represented by such Registered Global Security, (ii) be registered in the name of either the Depository for such Registered Global Security or the nominee of such Depository, (iii) be delivered by the Trustee to such Depository or pursuant to such Depository's ’s written instruction and (iv) bear a legend substantially to the following effect: "Unless and until it is exchanged in whole or in part for Securities in definitive form, this Registered Global Security may not be transferred except as a whole by the Depository to a nominee of the Depository or by a nominee of the Depository to the Depository or another nominee of the Depository or by the Depository or any nominee to a successor Depository or a nominee of any successor Depository." The notation of the record owner's ’s interest in such Registered Global Security upon the original issuance thereof shall be deemed to be delivery in connection with the original issuance of each beneficial owner's ’s interest in such Registered Global Security. Without limiting the foregoing, the Company and the Trustee shall have no responsibility, obligation or liability with respect to: (x) the maintenance, review or accuracy of the records of the Depository or of any of its participating organizations with respect to any ownership interest in or payments with respect to such Registered Global Security, (y) any communication with or delivery of any notice (including notices of redemption) with respect to the series of Securities represented by the Registered Global Security to any Person having any ownership interest in such Registered Global Security or to any of the Depository's ’s participating organizations or (z) any payment made on account of any beneficial ownership interest in such Registered Global Security.

Appears in 1 contract

Samples: Indenture (Covad Communications Group Inc)

Securities in Global Form; Depositories. (a) Each Registered Global Security shall: (i) represent and be denominated in an aggregate amount equal to the aggregate principal amount of the Securities of the series Series to be represented by such Registered Global Security, (ii) be registered in the name of either the Depository for such Registered Global Security or the nominee of such Depository, (iii) be delivered by the Trustee to such Depository or pursuant to such Depository's ’s written instruction and (iv) bear a legend substantially to the following effect: "Unless and until it is exchanged in whole or in part for Securities in definitive form, this Registered Global Security may not be transferred except as a whole by the Depository to a nominee of the Depository or by a nominee of the Depository to the Depository or another nominee of the Depository or by the Depository or any nominee to a successor Depository or a nominee of any successor Depository." The notation of the record owner's ’s interest in such Registered Global Security upon the original issuance thereof shall be deemed to be delivery delivered in connection with the original issuance of each beneficial owner's ’s interest in such Registered Global Security. Without limiting the foregoing, the Company Company, the Guarantor and the Trustee shall have no responsibility, obligation or liability with respect to: (x) the maintenance, review or accuracy of the records of the Depository or of any of its participating organizations with respect to any ownership interest in or payments with respect to such Registered Global Security, (y) any communication with or delivery of any notice (including notices of redemption) with respect to the series Series of Securities represented by the Registered Global Security to any Person having any ownership interest in such Registered Global Security or to any of the Depository's ’s participating organizations or (z) any payment made on account of any beneficial ownership interest in such Registered Global Security.

Appears in 1 contract

Samples: Indenture (Chevron Funding Corp)

Securities in Global Form; Depositories. (a) Each Registered Global Security shall: (i) represent and be denominated in an aggregate amount equal to the aggregate principal amount of the Securities of the series Series to be represented by such Registered Global Security, (ii) be registered in the name of either the Depository for such Registered Global Security or the nominee of such Depository, (iii) be delivered by the Trustee to such Depository or pursuant to such Depository's written instruction and (iv) bear a legend substantially to the following effect: "Unless and until it is exchanged in whole or in part for Securities in definitive form, this Registered Global Security may not be transferred except as a whole by the Depository to a nominee of the Depository or by a nominee of the Depository to the Depository or another nominee of the Depository or by the Depository or any nominee to a successor Depository or a nominee of any successor Depository." The notation of the record owner's interest in such Registered Global Security upon the original issuance thereof shall be deemed to be delivery in connection with the original issuance of each beneficial owner's interest in such Registered Global Security. Without limiting the foregoing, the Company Corporation and the Trustee shall have no responsibility, obligation or liability with respect to: (x) the maintenance, review or accuracy of the records of the Depository or of any of its participating organizations with respect to any ownership interest in or payments with respect to such Registered Global Security, (y) any communication with or delivery of any notice (including notices of redemption) with respect to the series Series of Securities represented by the Registered Global Security to any Person having any ownership interest in such Registered Global Security or to any of the Depository's participating organizations or (z) any payment made on account of any beneficial ownership interest in such Registered Global Security.

Appears in 1 contract

Samples: Indenture (Providian Financing Iv)

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Securities in Global Form; Depositories. (a) Each Registered ---------------------------------------- Global Security shall: (i) represent and be denominated in an aggregate amount equal to the aggregate principal amount of the Securities of the series to be represented by such Registered Global Security, (ii) be registered in the name of either the Depository for such Registered Global Security or the nominee of such Depository, (iii) be delivered by the Trustee to such Depository or pursuant to such Depository's written instruction and (iv) bear a legend substantially to the following effect: "Unless and until it is exchanged in whole or in part for Securities in definitive form, this Registered Global Security may not be transferred except as a whole by the Depository to a nominee of the Depository or by a nominee of the Depository to the Depository or another nominee of the Depository or by the Depository or any nominee to a successor Depository or a nominee of any successor Depository." The notation of the record owner's interest in such Registered Global Security upon the original issuance thereof shall be deemed to be delivery in connection with the original issuance of each beneficial owner's interest in such Registered Global Security. Without limiting the foregoing, the Company and the Trustee shall have no responsibility, obligation or liability with respect to: (x) the maintenance, review or accuracy of the records of the Depository or of any of its participating organizations with respect to any ownership interest in or payments with respect to such Registered Global Security, (y) any communication with or delivery of any notice (including notices of redemption) with respect to the series of Securities represented by the Registered Global Security to any Person having any ownership interest in such Registered Global Security or to any of the Depository's participating organizations or (z) any payment made on account of any beneficial ownership interest in such Registered Global Security.

Appears in 1 contract

Samples: Exodus Communications Inc

Securities in Global Form; Depositories. (a) Each Registered Global Security shall: (i) represent and be denominated in an aggregate amount equal to the aggregate principal amount of the Securities of the series Series to be represented by such Registered Global Security, (ii) be registered in the name of either the Depository for such Registered Global Security or the nominee of such Depository, (iii) be delivered by the Trustee to such Depository or pursuant to such Depository's written instruction and (iv) bear a legend substantially to the following effect: "Unless and until it is exchanged in whole or in part for Securities in definitive form, this Registered Global Security may not be transferred except as a whole by the Depository to a nominee of the Depository or by a nominee of the Depository to the Depository or another nominee of the Depository or by the Depository or any nominee to a successor Depository or a nominee of any successor Depository." The notation of the record owner's interest in such Registered Global Security upon the original issuance thereof shall be deemed to be delivery in connection with the original issuance of each beneficial owner's interest in such Registered Global Security. Without limiting the foregoing, the Company and the Trustee shall have no responsibility, obligation or liability with respect to: (x) the maintenance, review or accuracy of the records of the Depository or of any of its participating organizations with respect to any ownership interest in or payments with respect to such Registered Global Security, (y) any communication with or delivery of any notice (including notices of redemption) with respect to the series Series of Securities represented by the Registered Global Security to any Person having any ownership interest in such Registered Global Security or to any of the Depository's participating organizations or (z) any payment made on account of any beneficial ownership interest in such Registered Global Security.

Appears in 1 contract

Samples: Ati Financing Ii

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