Examples of Regulation S Global Security in a sentence
The provisions of the “Operating Procedures of the Euroclear System” and “Terms and Conditions Governing Use of Euroclear” and the “General Terms and Conditions of Clearstream Banking” and “Customer Handbook” of Clearstream shall be applicable to transfers of beneficial interests in the Regulation S Global Security that are held by Participants through Euroclear or Clearstream.
The aggregate principal amount of any Regulation S Global Security may from time to time be increased or decreased by adjustments made by a Registrar on the Security Register, as hereinafter provided.
Following the expiration of the Restricted Period, the Registrars shall register the transfer or exchange of interests in a Regulation S Global Security without requiring any additional certification.
The transfer or exchange of an interest in a Regulation S Global Security to a Person who takes delivery in the form of an interest in a Regulation S Global Security shall be made prior to the expiration of the Restricted Period only if such transfer or exchange, as the case may be, is not to or for the benefit of a U.S. Person (as defined in Regulation S) and such transfer or exchange, as the case may be, is otherwise in compliance with Rule 903 or Rule 904 under the Securities Act.
If the owner of a beneficial interest in the Regulation S Global Security at any time wishes to transfer such interest to a Person who wishes to take delivery thereof in the form of a beneficial interest in the Restricted Global Security, such transfer may be effected only in accordance with this clause (iii) and the rules and procedures of the Depositary, Euroclear and Clearstream.