Common use of Registration, Transfer and Exchange of Notes Clause in Contracts

Registration, Transfer and Exchange of Notes. (a) The Trustee, as Registrar, will keep the Security Register for the registration of exchanges and transfers of Registered Global Notes. Upon presentation for transfer or exchange of any Registered Global Note at the Corporate Trust Office of the Trustee in the Borough of Manhattan, The City of New York accompanied by a written instrument of transfer or exchange in the form approved by the Company (it being understood that, until notice to the contrary is given to holders of Registered Global Notes, the Company shall be deemed to have approved the form of instrument of transfer or exchange, if any, printed on any such Note), executed by the Holder, in person or by such Holder's attorney-in-fact duly authorized in writing, such Note shall be transferred upon the Security Register, and a new Note shall be authenticated and issued in the name of the transferee. (b) Notwithstanding any provision to the contrary herein, so long as a Registered Global Note remains outstanding and is held by or on behalf of DTC, transfers of or exchanges of interests between Registered Global Notes, in whole or in part, shall only be made in accordance with this Section 2.06(b) or Section 2.07.