Unrestricted Definitive Securities to Beneficial Interests in Unrestricted Global Securities. (x) A Holder of an Unrestricted Definitive 2023 Security may exchange such Unrestricted Definitive 2023 Security for a beneficial interest in an Unrestricted Global 2023 Security or transfer such Unrestricted Definitive 2023 Securities to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global 2023 Security at any time and (y) a Holder of an Unrestricted Definitive 2025 Security may exchange such Unrestricted Definitive 2025 Security for a beneficial interest in an Unrestricted Global 2025 Security or transfer such Unrestricted Definitive 2025 Securities to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global 2025 Security at any time. Upon receipt of a request for such an exchange or transfer, the Trustee shall cancel the applicable Unrestricted Definitive Security and increase or cause to be increased the aggregate Principal amount of one of the applicable Unrestricted Global Securities.
Appears in 1 contract
Sources: Indenture (Owens-Illinois Group Inc)
Unrestricted Definitive Securities to Beneficial Interests in Unrestricted Global Securities. (x) A Holder of an Unrestricted Definitive 2023 2022 Security may exchange such Unrestricted Definitive 2023 2022 Security for a beneficial interest in an Unrestricted Global 2023 2022 Security or transfer such Unrestricted Definitive 2023 2022 Securities to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global 2023 2022 Security at any time and (y) a Holder of an Unrestricted Definitive 2025 Security may exchange such Unrestricted Definitive 2025 Security for a beneficial interest in an Unrestricted Global 2025 Security or transfer such Unrestricted Definitive 2025 Securities to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global 2025 Security at any time. Upon receipt of a request for such an exchange or transfer, the Trustee shall cancel the applicable Unrestricted Definitive Security and increase or cause to be increased the aggregate Principal amount of one of the applicable Unrestricted Global Securities.
Appears in 1 contract
Sources: Indenture (Owens-Illinois Group Inc)