Common use of Class R Certificate Clause in Contracts

Class R Certificate. Each Holder of a Class R Certificate shall be entitled to separate such Certificate into its component parts. Upon receipt of a Class R Certificate and a written request from the Holder thereof to separate such certificate, the Securities Administrator shall issue to such registered Holder in exchange for such Class R Certificate (i) a separately transferable, certificated and fully registered security that shall, from the date of its issuance, represent the Holder’s Percentage Interest in the Class LR Interest and (ii) a separately transferable, certificated and fully registered security that shall, from the date of its issuance, represent the Holder’s Percentage Interest in the Class UR Interest. If requested by and at the expense of the Holder, the Securities Administrator shall obtain CUSIP numbers for such newly issued securities. The Securities Administrator shall make any allocations and distributions with respect to such newly issued securities (in respect of the Class LR Interest or Class UR Interest, as applicable) as set forth herein and such newly issued securities shall be subject to the same rights and restrictions as the Class R Certificate hereunder.

Class R Certificate. Each Holder of a Class R Certificate shall will be entitled to separate such Certificate into its component parts. Upon receipt of a Class R Certificate and a written request from the Holder thereof to separate such certificate, the Securities Administrator shall issue to such registered Holder in exchange for such Class R Certificate (i) a separately transferable, certificated and fully registered security that shallwill, from the date of its issuance, represent the Holder’s Percentage Interest in the Class LR Interest and (ii) a separately transferable, certificated and fully registered security that shallwill, from the date of its issuance, represent the Holder’s Percentage Interest in the Class UR Interest. If requested by and at the expense of the Holder, the Securities Administrator shall obtain CUSIP numbers for such newly issued securities. The Securities Administrator shall make any allocations and distributions with respect to such newly issued securities (in respect of the Class LR Interest or Class UR Interest, as applicable) as set forth herein and such newly issued securities shall be subject to the same rights and restrictions as the Class R Certificate hereunder.