Common use of Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes Clause in Contracts

Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. If the conditions for the exchange of Global Notes set forth in Section 2.07(a) are no longer in effect (including as a result of the appointment of a new Depositary or the waiver of any outstanding Event of Default and the consent of a majority of Holders of the applicable series of Notes), and a Holder of an Unrestricted Definitive Note may exchange such Note for a beneficial interest in an Unrestricted Global Note of the same series or transfer such Unrestricted Definitive Note to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note of the same series at any time. Upon receipt of a request for such an exchange or transfer, the Trustee shall cancel the applicable Unrestricted Definitive Note and increase or cause to be increased the aggregate principal amount of one of the Unrestricted Global Notes of the same series. If any such exchange or transfer from a Definitive Note to a beneficial interest in an Unrestricted Global Note of the same series is effected pursuant to Section 2.07(d)(ii)(B), (d)(ii)(D) or (d)(iii) above at a time when an Unrestricted Global Note has not yet been issued, the Company shall issue and, upon receipt of an Authentication Order in accordance with Section 2.02 hereof, the Trustee shall authenticate one or more Unrestricted Global Notes in an aggregate principal amount equal to the principal amount of Definitive Notes of the same series so transferred.

Appears in 2 contracts

Sources: Indenture (Qorvo, Inc.), Indenture (Aecom Technology Corp)

Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. If the conditions for the exchange of Global Notes set forth in Section 2.07(a) are no longer in effect (including as a result of the appointment of a new Depositary or the waiver of any outstanding Event of Default and the consent of a majority of Holders of the applicable series of Notes), and a A Holder of an Unrestricted Definitive Note of a series may exchange such Note of such series for a beneficial interest in an Unrestricted Global Note of the same such series or transfer such Unrestricted Definitive Note Notes to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note of the same such series at any time. Upon receipt of a request for such an exchange or transfer, the Trustee shall will cancel the applicable Unrestricted Definitive Note and increase or cause to be increased the aggregate principal amount of one of the Unrestricted Global Notes of the same seriesNotes. If any such exchange or transfer from a Definitive Note to a beneficial interest in an Unrestricted Global Note of the same series is effected pursuant to Section 2.07(d)(ii)(Bsubparagraphs (2)(B), (d)(ii)(D2)(D) or (d)(iii3) above at a time when an Unrestricted Global Note of such series has not yet been issued, the Company shall will issue and, upon receipt of an Authentication Order in accordance with Section 2.02 hereof, the Trustee shall will authenticate one or more Unrestricted Global Notes of such series in an aggregate principal amount equal to the principal amount of Definitive Notes of the same such series so transferred.

Appears in 1 contract

Sources: Indenture (Owens Corning)

Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. If the conditions for the exchange of Global Notes set forth in Section 2.07(a) are no longer in effect (including as a result of the appointment of a new Depositary or the waiver of any outstanding Event of Default and the consent of a majority of Holders of the applicable series of Notes), and a A Holder of an Unrestricted Definitive Note may exchange such Note for a beneficial interest in an Unrestricted Global Note of the same series Series of Notes or transfer such Unrestricted Definitive Note Notes to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note of the same series Series of Notes at any time. Upon receipt of a request for such an exchange or transfer, the Trustee shall or the Euro Paying Agent, as applicable, will cancel the applicable Unrestricted Definitive Note and increase or cause to be increased the aggregate principal amount of one of the Unrestricted Global Notes of the same seriesSeries of Notes. If any such exchange or transfer from a Definitive Note to a beneficial interest in an Unrestricted Global Note of the same series is effected pursuant to Section 2.07(d)(ii)(B), (d)(ii)(D2.06(e)(ii) or (d)(iiiiii) above at a time when an Unrestricted Global Note of the same Series of Notes has not yet been issued, the Company Issuers shall issue and, upon receipt of an Authentication Order in accordance with Section 2.02 hereof, the Trustee shall will authenticate one or more Unrestricted Global Notes of the same Series of Notes in an aggregate principal amount equal to the principal amount of Definitive Notes of the same series so transferred.

Appears in 1 contract

Sources: Indenture (MPT Operating Partnership, L.P.)

Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. If the conditions for the exchange of Global Notes set forth in Section 2.07(a) are no longer in effect (including as a result of the appointment of a new Depositary or the waiver of any outstanding Event of Default and the consent of a majority of Holders of the applicable series of Notes), and a A Holder of an Unrestricted Definitive Note may exchange such Note for a beneficial interest in an Unrestricted Global Note of the same such series or transfer such Unrestricted Definitive Note to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note of the same such series at any time. Upon receipt of a request for such an exchange or transfer, the Trustee shall cancel the applicable Unrestricted Definitive Note and increase or cause to be increased the aggregate principal amount of one of the Unrestricted Global Notes of the same such series. If any such exchange or transfer from a Definitive Note of a series to a beneficial interest in an Unrestricted Global Note of the same series is effected pursuant to Section 2.07(d)(ii)(Bsubparagraphs (ii)(B), (d)(ii)(Dii)(D) or (d)(iiiiii) above at a time when an Unrestricted Global Note of such series has not yet been issued, the Company shall issue and, upon receipt of an Authentication Order in accordance with Section 2.02 2.3 hereof, the Trustee ----------- shall authenticate one or more Unrestricted Global Notes of such series in an aggregate principal amount equal to the principal amount of Definitive Notes of the same series so transferred.

Appears in 1 contract

Sources: Indenture (Edison Mission Energy)

Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. If the conditions for the exchange of Global Notes set forth in Section 2.07(a) are no longer in effect (including as a result of the appointment of a new Depositary or the waiver of any outstanding Event of Default and the consent of a majority of Holders of the applicable series of Notes), and a A Holder of an Unrestricted Definitive Note of a series may exchange such Note for a beneficial interest in an Unrestricted Global Note of for the same series or transfer such Unrestricted Definitive Note Notes to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note of the same such series at any time. Upon receipt of a request for such an exchange or transfer, the Trustee shall cancel the applicable Unrestricted Definitive Note and increase or cause to be increased the aggregate principal amount of one of the Unrestricted Global Notes of the same such series. If any such exchange or transfer from a Definitive Note to a beneficial interest in an Unrestricted Global Note of the same series is effected pursuant to Section 2.07(d)(ii)(Bsubparagraph (ii)(B), (d)(ii)(Dii)(D) or (d)(iiiiii) above at a time when an Unrestricted Global Note for such series has not yet been issued, the Company Issuers shall issue and, upon receipt of an Authentication Order in accordance with Section 2.02 hereof, the Trustee shall authenticate one or more Unrestricted Global Notes in an aggregate principal amount equal to the principal amount of Definitive Notes of the same such series so transferred.

Appears in 1 contract

Sources: Indenture (Hilton Worldwide Holdings Inc.)