Common use of Notes in Global Form Clause in Contracts

Notes in Global Form. A Note in global form shall represent such of the outstanding Notes as shall be specified therein and may provide that it shall represent the aggregate amount of outstanding notes from time to time endorsed thereon and that the aggregate amount of outstanding Notes represented thereby may from time to time be reduced to reflect exchanges. Any endorsement of a Note in global form to reflect the amount, or any increase or decrease in the amount, of outstanding notes represented thereby shall be made by the Trustee and in such manner as shall be specified in such Note. Any instructions by the Company with respect to a Note in global form, after its initial issuance, shall be in writing but need not comply with Section 10.2.

Appears in 1 contract

Sources: Indenture (Matrix Capital Corp /Co/)

Notes in Global Form. A Note in global form shall represent such of the outstanding Notes as shall be specified therein and may provide that it shall represent the aggregate amount of outstanding notes Outstanding Notes from time to time endorsed thereon and that the aggregate amount of outstanding Outstanding Notes represented thereby may from time to time be reduced to reflect exchanges. Any endorsement of a Note in global form to reflect the amount, or any increase or decrease in the amount, of outstanding notes Outstanding Notes represented thereby shall be made by the Trustee and in such manner as shall be specified in such Note. Any instructions by the Company with respect to a Note in global form, after its initial issuance, shall be in writing but need not comply with Section 10.2.102. ARTICLE THREE The Notes

Appears in 1 contract

Sources: Indenture (GBC Bancorp)