Transfer and Exchange of Beneficial Interests for Definitive Notes. Subject to Section 2.6(a) hereof, if any holder of a beneficial interest in a Global Note proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Definitive Note, then, the Trustee shall reduce or cause to be reduced in a corresponding amount pursuant to Section 2.6(g) hereof the aggregate principal amount of the applicable Global Note, and the Issuer shall execute and, upon receipt of an Authentication Order in accordance with Section 2.2 hereof, the Trustee shall authenticate and deliver a Definitive Note in the appropriate principal amount to the Person designated by the holder of such beneficial interest in instructions delivered to the Registrar by the Depositary and the applicable Participant or Indirect Participant on behalf of such holder. Any Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.6(c) shall be registered in such name or names and in such authorized denomination or denominations as the holder of such beneficial interest shall designate in such instructions. The Trustee shall deliver such Definitive Notes to the Persons in whose names such Notes are registered.
Appears in 2 contracts
Sources: Indenture (Boardwalk Pipelines Lp), Indenture (Boardwalk Pipeline Partners, LP)
Transfer and Exchange of Beneficial Interests for Definitive Notes. Subject to Section 2.6(a) hereof, if any holder Transfer and exchange of a beneficial interest in a Global Note proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof interests in the form Global Notes for Definitive Notes shall be made subject to compliance with this Section 2.6(c), and the requesting Holder shall provide any certifications, documents and information, as applicable, required pursuant to the following provisions of a Definitive Note, thenthis Section 2.6(c). Upon receipt of such applicable documentation, the Trustee shall reduce or cause to be reduced in a corresponding amount pursuant to Section 2.6(g) hereof the aggregate principal amount of the applicable Restricted Global Note or Unrestricted Global Note, as applicable, to be reduced accordingly pursuant to Section 2.6(h) hereof, and the Issuer Issuers shall execute and, upon receipt of an Authentication Order in accordance with pursuant to Section 2.2 hereof2.2, the Trustee shall authenticate and deliver to the Person designated in the instructions a Restricted Definitive Note or an Unrestricted Definitive Note, as applicable, in the appropriate principal amount to the Person designated by the holder of such beneficial interest in instructions delivered to the Registrar by the Depositary and the applicable Participant or Indirect Participant on behalf of such holderamount. Any Definitive Note issued in exchange for a beneficial interest in a Global Note pursuant to this Section 2.6(c) shall be registered in such name or names and in such authorized denomination or denominations as the holder Holder of such beneficial interest shall designate in such instructionsinstruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall deliver such Definitive Notes to the Persons in whose names such Definitive Notes are so registered.
Appears in 1 contract
Sources: Indenture (TWC Holding Corp.)
Transfer and Exchange of Beneficial Interests for Definitive Notes. Subject to Section 2.6(a) hereof, if any holder Transfer and exchange of a beneficial interest in a Global Note proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof interests in the form Global Notes for Definitive Notes shall be made subject to compliance with this Section 2.6(c), and the requesting Holder shall provide any certifications, documents and information, as applicable, required pursuant to the following provisions of a Definitive Note, thenthis Section 2.6(c). Upon receipt of such applicable documentation, the Trustee shall reduce or cause to be reduced in a corresponding amount pursuant to Section 2.6(g) hereof the aggregate principal amount of the applicable Restricted Global Note or Unrestricted Global Note, as applicable, to be reduced accordingly pursuant to Section 2.6(h) hereof, and the Issuer Issuers shall execute and, upon receipt of an Authentication Order in accordance with pursuant to Section 2.2 hereof, the Trustee shall authenticate and deliver to the Person designated in the instructions a Restricted Definitive Note or an Unrestricted Definitive Note, as applicable, in the appropriate principal amount to the Person designated by the holder of such beneficial interest in instructions delivered to the Registrar by the Depositary and the applicable Participant or Indirect Participant on behalf of such holderamount. Any Definitive Note issued in exchange for a beneficial interest in a Global Note pursuant to this Section 2.6(c) shall be registered in such name or names and in such authorized denomination or denominations as the holder Holder of such beneficial interest shall designate in such instructionsinstruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall deliver such Definitive Notes to the Persons in whose names such Definitive Notes are so registered.
Appears in 1 contract
Transfer and Exchange of Beneficial Interests for Definitive Notes. Subject to Section 2.6(a) hereof, if any holder Transfer and exchange of a beneficial interest in a Global Note proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof interests in the form Global Notes for Definitive Notes shall be made subject to compliance with this Section 2.6(c), and the requesting Holder shall provide any certifications, documents and information, as applicable, required pursuant to the following provisions of a Definitive Note, thenthis Section 2.6(c). Upon receipt of such applicable documentation, the Trustee shall reduce or cause to be reduced in a corresponding amount pursuant to Section 2.6(g) hereof the aggregate principal amount of the applicable Restricted Global Note or Unrestricted Global Note, as applicable, to be reduced accordingly pursuant to Section 2.6(h), and the Issuer Company shall execute and, upon receipt of an Authentication Order in accordance with pursuant to Section 2.2 hereof2.2, the Trustee shall authenticate and deliver to the Person designated in the instructions a Restricted Definitive Note or an Unrestricted Definitive Note, as applicable, in the appropriate principal amount to the Person designated by the holder of such beneficial interest in instructions delivered to the Registrar by the Depositary and the applicable Participant or Indirect Participant on behalf of such holderamount. Any Definitive Note issued in exchange for a beneficial interest in a Global Note pursuant to this Section 2.6(c) shall be registered in such name or names and in such authorized denomination or denominations as the holder Holder of such beneficial interest shall designate in such instructionsinstruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall deliver such Definitive Notes to the Persons in whose names such Definitive Notes are so registered.
Appears in 1 contract
Sources: Indenture (MTR Gaming Group Inc)
Transfer and Exchange of Beneficial Interests for Definitive Notes. Subject to Section 2.6(a) hereof, if any holder Transfer and exchange of a beneficial interest in a Global Note proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof interests in the form Global Notes for Definitive Notes shall be made subject to compliance with this Section 2.6(c), and the requesting Holder shall provide any certifications, documents and information, as applicable, required pursuant to the following provisions of a Definitive Note, thenthis Section 2.6(c). Upon receipt of such applicable documentation, the Trustee shall reduce or cause to be reduced in a corresponding amount pursuant to Section 2.6(g) hereof the aggregate principal amount at maturity of the applicable Restricted Global Note or Unrestricted Global Note, as applicable, to be reduced accordingly pursuant to Section 2.6(h) hereof, and the Issuer Issuers shall execute and, upon receipt of an Authentication Order in accordance with pursuant to Section 2.2 hereof, the Trustee shall authenticate and deliver to the Person designated in the instructions a Restricted Definitive Note or an Unrestricted Definitive Note, as applicable, in the appropriate principal amount to the Person designated by the holder of such beneficial interest in instructions delivered to the Registrar by the Depositary and the applicable Participant or Indirect Participant on behalf of such holderat maturity. Any Definitive Note issued in exchange for a beneficial interest in a Global Note pursuant to this Section 2.6(c) shall be registered in such name or names and in such authorized denomination or denominations as the holder Holder of such beneficial interest shall designate in such instructionsinstruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall deliver such Definitive Notes to the Persons in whose names such Definitive Notes are so registered.
Appears in 1 contract