Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. A Holder of an Unrestricted Definitive Note of a series may exchange such Note for a beneficial interest in an Unrestricted Global Note for the same series or transfer such Definitive Notes to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note of 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 such series. If any such exchange or transfer from a Definitive Note to a beneficial interest is effected pursuant to subparagraph (ii) or (iii) above at a time when an Unrestricted Global Note for such series has not yet been issued, the Issuer 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 such series so transferred.
Appears in 2 contracts
Sources: Indenture (Hilton Worldwide Holdings Inc.), Indenture (Hilton Worldwide Holdings Inc.)
Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. A If the conditions for the exchange of Global Notes set forth in Section 2.07(a) are no longer in effect (including as a result of the appointment of a new Depositary or the waiver of any outstanding Event of Default and the consent of a majority of Holders of the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 of a series may exchange such Note for a beneficial interest in an Unrestricted Global Note for of the same series or transfer such Unrestricted Definitive Notes Note to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note of such 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 such 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 subparagraph Section 2.07(d)(ii)(B), (iid)(ii)(D) or (iiid)(iii) above at a time when an Unrestricted Global Note for such series has not yet been issued, the Issuer 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 such 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. A Holder of an Unrestricted Definitive Note of a series may exchange such Note for a beneficial interest in an Unrestricted Global Note for the same series or transfer such Definitive Notes to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note of 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 such series. If any such exchange or transfer from a Definitive Note to a beneficial interest is effected pursuant to subparagraph (iiii)(B), (ii)(D) or (iii) above at a time when an Unrestricted Global Note for such series has not yet been issued, the Issuer 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 such series so transferred.
Appears in 1 contract
Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. A Holder of an Unrestricted Definitive Note of a series may exchange such Note for a beneficial interest in an Unrestricted Global Note for of the same series Series of Notes or transfer such Definitive Notes to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note of such series the same 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 such seriesthe same Series of Notes. If any such exchange or transfer from a Definitive Note to a beneficial interest is effected pursuant to subparagraph (iiSection 2.06(e)(ii) or (iii) above at a time when an Unrestricted Global Note for such series of the same Series of Notes has not yet been issued, the Issuer 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 such series so transferred.
Appears in 1 contract
Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. 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 for the same of such series or transfer such Definitive Notes to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note of 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 such seriesNotes. If any such exchange or transfer from a Definitive Note to a beneficial interest is effected pursuant to subparagraph subparagraphs (ii2)(B), (2)(D) or (iii3) above at a time when an Unrestricted Global Note for of such series has not yet been issued, the Issuer shall Company 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 such series so transferred.
Appears in 1 contract
Sources: Indenture (Owens Corning)