Common use of Restrictions on Transfer and Exchange of Global Securities Clause in Contracts

Restrictions on Transfer and Exchange of Global Securities. 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.

Appears in 2 contracts

Sources: Indenture (Komag Inc /De/), Indenture (Coeur D Alene Mines Corp)