Common use of Global Form Clause in Contracts

Global Form. The Series A Notes shall be represented initially in the form of a Global Security. Each Global Security shall be registered in the name of a nominee of the Depositary and deposited on behalf of the Holders of the Series A Notes represented thereby with a custodian for the Depositary for credit to the respective accounts of the Holders (or to such other accounts as they may direct). Except as set forth below, each Global Security shall be in the form of the Series A Notes attached hereto as Exhibit A and may be transferred, in whole and not in part, only to another nominee of the Depositary or to a successor of the Depositary or its nominee. The Depository Trust Company shall be the Depositary for the Series A Notes.

Appears in 2 contracts

Sources: Indenture (Flag Telecom Holdings LTD), Indenture (Flag Telecom Holdings LTD)

Global Form. The Series A Notes shall be represented initially in the form of a Global Security. Each Global Security shall be registered in the name of a nominee of the Depositary and deposited on behalf of the Holders of the Series A Notes represented thereby with a custodian for the Depositary for credit to the respective accounts of the Holders (or to such other accounts as they may direct). Except as set forth below, each Global Security shall be in the form of the Series A Notes attached hereto as Exhibit A and may be transferred, in whole and not in part, only to another nominee of the Depositary or to a successor of the Depositary or its nominee. The Depository Trust Company shall be the Depositary for the Series A Notes.]

Appears in 1 contract

Sources: Indenture (Flag Telecom Holdings LTD)