Common use of Restricted Definitive Note to Unrestricted Definitive Note Clause in Contracts

Restricted Definitive Note to Unrestricted Definitive Note. In connection with the Owner’s Exchange of a Restricted Definitive Note for an Unrestricted Definitive Note, the Owner hereby certifies (i) the Unrestricted Definitive Note is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to Restricted Definitive Notes and pursuant to and in accordance with the Securities Act, (iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the Unrestricted Definitive Note is being acquired in compliance with any applicable blue sky securities laws of any state of the United States. *NOTE: Exchange under this clause (d) is available only under the limited circumstances set forth under Section 2.4 of Appendix A of the Indenture. Exchange pursuant to this clause (d) shall not be permitted if such circumstances have not occurred.

Appears in 2 contracts

Sources: Indenture (Capmark Finance Inc.), Indenture (Capmark Finance Inc.)