Common use of Transfer of Beneficial Interests in a Restricted Global Security to Another Restricted Global Security Clause in Contracts

Transfer of Beneficial Interests in a Restricted Global Security to Another Restricted Global Security. A beneficial interest in any Restricted Global Security may be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Restricted Global Security if the transfer complies with the requirements of Section 2.3(a)(2) above and the Registrar receives the following: (A) if the transferee will take delivery in the form of a beneficial interest in a 144A Global Security, then the transferor must deliver a certificate in the form of Appendix B hereto, including the certifications in item (1) thereof; (B) if the transferee will take delivery in the form of a beneficial interest in an Accredited Investor Global Security, then the transferor must deliver a certificate in the form of Appendix B hereof, including the certifications in item (2) thereof; and (C) if the transferee will take delivery in the form of a beneficial interest in a Regulation S Global Security, then the transferor must deliver a certificate in the form of Appendix B hereto, including the certifications in item (3) thereof.

Appears in 1 contract

Sources: Indenture (Noble Finance Co)

Transfer of Beneficial Interests in a Restricted Global Security to Another Restricted Global Security. A holder of a beneficial interest in any a Restricted Global Security may be transferred transfer such beneficial interest to a Person who takes delivery thereof in the form of a beneficial interest in another Restricted Global Security if the transfer complies with the requirements of Section 2.3(a)(22.8(b)(ii) above and the Registrar receives the following: (A) if the transferee will take delivery in the form of a beneficial interest in a the 144A Global Security, then the transferor must deliver a certificate in the form of Appendix B Exhibit A hereto, including the certifications in item (1) thereof or, if permitted by the Applicable Procedures, item (3) thereof;; and (B) if the transferee will take delivery in the form of a beneficial interest in an Accredited Investor Global Security, then the transferor must deliver a certificate in the form of Appendix B hereof, including the certifications in item (2) thereof; and (C) if the transferee will take delivery in the form of a beneficial interest in a Regulation S Global Security, then the transferor must deliver a certificate in the form of Appendix B Exhibit A hereto, including the certifications in item (32) thereof.

Appears in 1 contract

Sources: Indenture (Max Re Capital LTD)