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

Unrestricted Definitive Securities to Beneficial Interests in Unrestricted Global Securities. A Holder of an Unrestricted Definitive Security may exchange such Security for a beneficial interest in an Unrestricted Global Security or transfer such Definitive Securities to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Security at any time. If any such exchange or transfer from a Definitive Security to a beneficial interest is effected pursuant to subparagraphs (2)(B), (2)(D) or (3) of this Section 2.5(d) at a time when an Unrestricted Global Security has not yet been issued, the Issuers shall issue and, upon receipt of authentication instructions from the Issuers in accordance with this Indenture, the Trustee shall authenticate one or more Unrestricted Global Securities in an aggregate principal amount equal to the principal amount of Definitive Securities so transferred.