Global Crossing Clause Samples

The 'Global Crossing' clause typically addresses the handling of data, communications, or transactions that cross international borders. In practice, this clause may specify compliance requirements with various countries' laws, outline procedures for transferring information between jurisdictions, or set standards for international connectivity. Its core function is to ensure that cross-border activities are conducted legally and efficiently, mitigating risks associated with differing regulatory environments.
Global Crossing. Holdings Ltd., a Bermuda company (the "Company"), promises to pay interest on the principal amount of this Note at __% per annum from _______, until maturity [and shall pay the Special Interest payable pursuant to Section __ of the Registration Rights Agreement referred to below]. The Company shall pay interest and Special Interest semi-annually on __________ and _______ of each year, or if any such day is not a Business Day, on the next succeeding Business Day (each an "Interest Payment Date"). Interest on the Securities shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from the date of issuance; provided that if there is no existing Default in the payment of interest, and if this Note is authenticated between a record date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be ________. The Company shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal and premium, if any, from time to time on demand at a rate that is 1.0% per annum in excess of the rate then in effect; it shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest and Special Interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months. Until this Regulation S Temporary Global Security is exchanged for one or more Regulation S Permanent Global Securities, the Holder hereof shall not be entitled to receive payments of interest hereon; until so exchanged in full, this Regulation S Temporary Global Security shall in all other respects be entitled to the same benefits as other Securities under the Indenture.
Global Crossing may revise the terms and conditions of this Price List. We may decrease prices without prior notice. Increases to the prices or material changes to the Price List shall be effective no sooner than thirty (30) days after notice is provided in a bill insert, as a message printed on your bill, in a separate mailing, or by Email. If you do not agree to the revision(s), you must terminate your Service(s) immediately by contacting Global Crossing at the above telephone number or address, subject to the termination provisions of the Price List. By continuing to use the Services subject to this agreement after revisions are in effect, you are accepting and agreeing to all revisions. If you have an agreement, the terms and conditions of the agreement prevail over the Price List.
Global Crossing. Ltd. Termination Fee............................................................................61
Global Crossing. Ltd. SEC Reports................................................................................20
Global Crossing. Global Crossing and each other --------------- Restricted Party shall cause all of its Subsidiaries to comply with the terms of this Agreement.
Global Crossing. Deutschland GmbH, for so long as the same shall be liquidated and its existence terminated as promptly as practicable following the Issue Date and shall not, after the Issue Date, conduct any business.
Global Crossing. Hong Kong Limited, for so long as the asset value of the same remains substantially similar to such value on the Issue Date.
Global Crossing. Australia Holdings Ltd., for so long as the asset value of the same remains substantially similar to such value on the Issue Date.
Global Crossing. 62 SECTION 5.11 Winding-up of Seller and Excluded Subsidiaries.............63 SECTION 5.12 Currency..................................................63 SECTION 5.13 Insurance..................................................63 SECTION 5.14 Finance Co................................................63 SECTION 5.15 Taiwan Share Transfer......................................63
Global Crossing. (a) The Seller shall use its commercially reasonable efforts to negotiate with Global Crossing definitive versions of the Transition Agreement, Ongoing Support Services Agreement, Operational Interface Agreement, GC Product Supply Agreement and AGC Product Supply Agreement which definitive agreements shall be reasonably acceptable to the Purchaser. (b) The Seller shall use its commercially reasonable efforts to negotiate with Global Crossing Entities a reduction in the GC Payables. If following such negotiations the GC Payables due by the Acquired Subsidiaries have not been reduced to zero, the Seller and the Purchaser shall negotiate in good faith an alternate arrangement to achieve this result. (c) The Seller shall use its commercially reasonable efforts to negotiate an agreement with Global Crossing preventing any Global Crossing Entity from using, or from entering into any agreement or license with any other Person that would provide such Person (other than the Purchaser or any Acquired Subsidiary) with the right to use, the name "Asia Global Crossing Limited" and all similar or related names and marks, for a period of three years after the Closing Date. Seller and the Excluded Subsidiaries shall not use any of the foregoing names, marks or logos from and after the Closing, except as necessary or convenient in connection with the winding-up of Seller.