Common use of ENTRY PROVISIONS FOR GLOBAL SECURITIES Clause in Contracts

ENTRY PROVISIONS FOR GLOBAL SECURITIES. Each Global Security initially shall (i) be registered in the name of the Depositary for such Global Security or the nominee of such Depositary, (ii) be deposited with, or on behalf of, the Depositary or with the Trustee as custodian for such Depositary and (iii) bear legends as set forth in Exhibits A and B hereto. Members of, or participants in, the Depositary ("Agent Members") shall have no rights under this Indenture with respect to any Global Security held on their behalf by the Depositary, or the Trustee as its custodian, or under such Global Security, and the Depositary may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner of such Global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary or shall impair, as between the Depositary and its Agent Members, the operation of customary practices governing the exercise of the rights of a holder of any Security.

Appears in 1 contract

Sources: Annual Report

ENTRY PROVISIONS FOR GLOBAL SECURITIES. Each (a) The Global Security Securities initially shall (i) be registered in the name of the Depositary for such Global Security Depository or the nominee of such DepositaryDepository, (ii) be deposited with, or on behalf of, the Depositary or with delivered to the Trustee as custodian for such Depositary Depository and (iii) bear legends as set forth in Exhibits A and B hereto. EXHIBIT C. Members of, or participants in, the Depositary Depository ("Agent MembersPARTICIPANTS") shall have no rights under this Indenture with respect to any Global Security held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under such the Global Security, and the Depositary Depository may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner of such the Global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or shall impair, as between the Depositary Depository and its Agent MembersParticipants, the operation of customary practices governing the exercise of the rights of a holder Holder of any Security.

Appears in 1 contract

Sources: Indenture (Nbty Inc)

ENTRY PROVISIONS FOR GLOBAL SECURITIES. (a) Each Global Security initially shall (i) be registered in the name of the Depositary for such Global global Security or the nominee of such Depositary, (ii) be deposited with, or on behalf of, the Depositary or with delivered to the Trustee as custodian for such Depositary and (iii) bear legends as set forth in Exhibits A and B heretoSection 202. Members Subject to Section 306(f), members of, or participants in, the Depositary ("Agent MembersAGENT MEMBERS") shall have no rights under this Indenture with respect to any Global Security held on their behalf by the Depositary, or the Trustee as its custodian, or under such Global Security, and the Depositary may be treated by the Company, the Guarantors, the Trustee and any agent of the Company Company, the Guarantors or the Trustee as the absolute owner of such Global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Guarantors the Trustee or any agent of the Company Company, the Guarantors or the Trustee Trustee, from giving effect to any written certification, proxy or other authorization furnished by the Depositary or shall impair, as between the Depositary and its Agent Members, the operation of customary practices governing the exercise of the rights of a holder of any Security.

Appears in 1 contract

Sources: Indenture (United Stationers Supply Co)

ENTRY PROVISIONS FOR GLOBAL SECURITIES. Each The Global Security Securities initially shall (i) be registered in the name of the Depositary for such Global Security Depository or the nominee of such DepositaryDepository, (ii) be deposited with, or on behalf of, the Depositary or with delivered to the Trustee as custodian for such Depositary Depository and (iii) bear legends as set forth in Exhibits A and B hereto. Exhibit A. Members of, or participants in, the Depositary Depository ("Agent Members") shall have no rights under this Indenture with respect to any Global Security held on their behalf by the DepositaryDepository, or the Trustee as its custodian, or under such the Global Security, and the Depositary Depository may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner of such the Global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary Depository or shall impair, as between the Depositary Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a holder beneficial owner of any Security.

Appears in 1 contract

Sources: Indenture (Qwest Communications International Inc)