Exchange of Permanent Global Note. 3.2.1 Notification of request for definitive Notes: The Principal Paying Agent, on receiving notice in accordance with the terms of the Permanent Global Note that its holder requires to exchange the Permanent Global Note, or an interest in it, for definitive Notes, shall forthwith notify the Issuer of such request.
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Sources: Paying Agency Agreement, Paying Agency Agreement (Ecolab Inc)