Restrictions on Transfer and Exchange of Global Securities. (i) The transfer and exchange of Global Securities or beneficial interests therein shall be effected through the Depositary, in accordance with this Indenture and the procedures of the Depositary therefor. Notwithstanding the aforementioned, a Global Security may not be transferred as a whole except by the Depositary to a nominee of the Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary or by the Depositary or any such nominee to a successor Depositary or a nominee of such successor Depositary. (ii) Unless and until such time as a Security is sold pursuant to an effective registration statement under the Securities Act or pursuant to an exemption from the registration requirements of the Securities Act, the following provisions shall apply:
Appears in 2 contracts
Sources: Indenture (Coeur D Alene Mines Corp), Indenture (Coeur D Alene Mines Corp)