Common use of Transfer of Beneficial Interests in the Same Global Note Clause in Contracts

Transfer of Beneficial Interests in the Same Global Note. Each person by its acceptance of a beneficial interest in a Global Note agrees that any beneficial interests in any Restricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Note in accordance with the transfer restrictions set forth in the Private Placement Legend and any Applicable Procedures; provided, however, that prior to the expiration of the Distribution Compliance Period, transfers of beneficial interests in a Regulation S Global Note may not be made to or for the account or benefit of a “U.S. Person” (as defined in Rule 902(k) of Regulation S) (other than a “distributor” (as defined in Rule 902(d) of Regulation S)). Each person by its acceptance of a beneficial interest in a Global Note agrees that any beneficial interests in any Unrestricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note. Except as may be required by any Applicable Procedures, no written orders or instructions shall be required to be delivered to the Registrar to effect the transfers described in this Section 2.06(b)(i).

Transfer of Beneficial Interests in the Same Global Note. Each person by its acceptance of a beneficial interest in a Global Note agrees that any beneficial Beneficial interests in any Restricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Note in accordance with the transfer restrictions set forth in the Private Placement Legend and any Applicable ProceduresLegend; provided, however, that prior to the expiration of the Distribution Compliance 40th day after the later of the commencement of the offering of the Notes represented by the Regulation S Global Note and the issue date of such Notes (such period through and including such 40th day, the “Restricted Period”), transfers no transfer of beneficial interests in a Regulation S Global Note may not be made to a U.S. Person or for the account or benefit of a “U.S. Person” (as defined in Rule 902(k) of Regulation S) Person (other than a “distributor” an Initial Purchaser) unless permitted by applicable law and made in compliance with subparagraphs (as defined in Rule 902(dii) of Regulation S))and (iii) below. Each person by its acceptance of a beneficial interest in a Global Note agrees that any beneficial Beneficial interests in any Unrestricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note. Except as may be required by any Applicable Procedures, no No written orders or instructions shall be required to be delivered to the Registrar to effect the transfers described in this Section 2.06(b)(i)subparagraph (i) unless specifically stated above.