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

Transfer of Beneficial Interests to Another Restricted Global Security. A beneficial interest in (x) a Transfer Restricted Global Dollar Security may be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Transfer Restricted Global Dollar Security and (y) a Transfer Restricted Global Euro Security may be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Transfer Restricted Global Euro Security, in each case if the transfer complies with the requirements of Section 2.2(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 Rule 144A Global Security, then the transferor must deliver a certificate in the form attached to the applicable Security; and (B) 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 attached to the applicable Security.

Transfer of Beneficial Interests to Another Restricted Global Security. A beneficial interest in (x) a Transfer Restricted Global Dollar Security may be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Transfer Restricted Global Dollar Security and (y) a Transfer Restricted Global Euro Security may be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Transfer Restricted Global Euro Security, in each case if the transfer complies with the requirements of Section 2.2(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 Rule 144A Global Security, then the transferor must deliver a certificate in the form attached to the applicable Security; and and (B) 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 attached to the applicable Security.. (iv) Transfer and Exchange of Beneficial Interests in a Restricted Global Security for Beneficial Interests in an Unrestricted Global Security. A beneficial interest in a Restricted Global Security may be exchanged by any holder thereof for a beneficial interest in an Unrestricted Global Security or transferred to a Person who takes delivery