Exchange of Temporary Global Note. The Temporary Global Note will be deposited on issue with a common depositary for Euroclear and Clearstream, Luxembourg. Beneficial interests in the Temporary Global Note will be exchanged for beneficial interests in the Permanent Global Note. Exchanges of beneficial interests in the Temporary Global Note for a Permanent Global Note will be made only on or after the 40th day after the Notes have been issued (the "Exchange Date") and upon receipt of the written certification required under U.S. Treasury Regulations section 1.163 - 5(c)(2)(i)(D) (in substantially the form set out in the Temporary Global Note or in such other form as is customarily used in such circumstances by the relevant clearing system) as to non-U.S. beneficial ownership (a "Certificate of Non-U.S. Beneficial Ownership").
Appears in 1 contract
Exchange of Temporary Global Note. The Temporary Global Note will be deposited on issue with a common depositary for Euroclear and Clearstream, Luxembourg. Beneficial interests in the Temporary Global Note will be exchanged for beneficial interests in the Permanent Global Note. Exchanges of beneficial interests in the Temporary Global Note for a Permanent Global Note will be made only on or after the 40th day after the Notes have been issued (the "Exchange Date") and upon receipt of the written certification required under U.S. Treasury Regulations section 1.163 - –5(c)(2)(i)(D) (in substantially the form set out in the Temporary Global Note or in such other form as is customarily used in such circumstances by the relevant clearing system) as to non-U.S. beneficial ownership (a "Certificate of Non-U.S. Beneficial Ownership").
Appears in 1 contract