Common use of Temporary Regulation S Global Note Clause in Contracts

Temporary Regulation S Global Note. The Purchaser understands that if it is a holder of a beneficial interest in a temporary Regulation S Global Note it must provide Euroclear or Clearstream or the participant organization through which it holds such interest, as the case may be, with a certificate certifying that the beneficial owner of the interest in the temporary Regulation S Global Note is a non-U.S. Person, and Euroclear or Clearstream, as the case may be, must provide to the Indenture Trustee a certificate to such effect, prior to (i) the payment of interest or principal with respect to such holder’s beneficial interest in the temporary Regulation S Global Note and (ii) any exchange of such beneficial interest for a beneficial interest in a permanent Regulation S Global Note.

Appears in 2 contracts

Sources: Indenture (Harley Davidson Customer Funding Corp), Indenture (Harley-Davidson Motorcycle Trust 2008-1)