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Octagon Investment Partners IX, Ltd. JPMorgan - Irish Stock Exchange

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state of the United States or any other jurisdiction and (ii) a written certification from the transferee in the form<br />

required by the Indenture to the effect, among other things, that such transferee is a Qualified Institutional Buyer and<br />

a Qualified Purchaser. Beneficial interests in a Rule 144A Global Note may be transferred to a person who takes<br />

delivery in the form of an interest in the corresponding Regulation S Global Note only upon receipt by the Trustee<br />

of (i) a written certification from the transferor in the form required by the Indenture to the effect that such transfer<br />

is being made in accordance with Regulation S under the Securities Act and (ii) a written certification from the<br />

transferee in the form required by the Indenture to the effect, among other things, that such transferee is a non-U.S.<br />

person purchasing such Rule 144A Securities in an offshore transaction pursuant to Regulation S. Any beneficial<br />

interest in one of the Global Notes that is transferred to a person who takes delivery in the form of an interest in<br />

another Global Note will, upon transfer, cease to be an interest in such Global Note and become an interest in such<br />

other Global Note, and accordingly, will thereafter be subject to all transfer restrictions and other procedures<br />

applicable to beneficial interests in such other Global Notes for as long as it remains such an interest.<br />

No service charge will be made for any registration of transfer or exchange of Notes but the Trustee may<br />

require payment of a sum sufficient to cover any transfer, tax or other governmental charge payable in connection<br />

therewith.<br />

The registered owner of the relevant Global Note will be the only person entitled to receive payments in respect<br />

of the Class of Notes represented thereby, and the Co-Issuers will be discharged by payment to, or to the order of,<br />

the registered owner of such Global Note in respect of each amount so paid. No person other than the registered<br />

owner of the relevant Global Note will have any claim against the Co-Issuers in respect of any payment due on that<br />

Global Note. Account holders or participants in Euroclear and Clearstream shall have no rights under the Indenture<br />

with respect to Global Notes held on their behalf by the Trustee as custodian for DTC, and DTC may be treated by<br />

the Co-Issuers, the Trustee and any agent of the Co-Issuers or the Trustee as the holder of Global Notes for all<br />

purposes whatsoever.<br />

Except in the limited circumstances described below, owners of beneficial interests in the Global Notes will not<br />

be entitled to have Notes registered in their names, will not receive or be entitled to receive definitive physical Notes<br />

and will not be considered "holders" of Notes under the Indenture or the Notes. If (A) (i) DTC notifies the Co-<br />

Issuers that it is unwilling or unable to continue as depositary for Global Notes of any Class or Classes or (ii) DTC<br />

ceases to be a "clearing agency" registered under the <strong>Exchange</strong> Act and a successor depositary or custodian is not<br />

appointed by the Co-Issuers within 90 days after such event or (B) an Event of Default has occurred and is<br />

continuing (each, a "Depository Event"), the Issuer will issue or cause to be issued, Notes of such Class or Classes in<br />

the form of definitive physical certificates in exchange for the applicable Global Notes to the beneficial owners of<br />

such Global Notes in the manner set forth in the Indenture. In the event that definitive physical Notes are not so<br />

issued by the Issuer to such beneficial owners of interests in Global Notes, the Issuer expressly acknowledges that<br />

such beneficial owners shall be entitled to pursue any remedy that the holders of a Global Note would be entitled to<br />

pursue in accordance with the Indenture (but only to the extent of such beneficial owner's interest in the Global<br />

Note) as if definitive physical Notes had been issued. In the event that definitive physical Notes are issued in<br />

exchange for Global Notes as described above, the applicable Global Note will be surrendered to the Trustee by<br />

DTC and the Issuer or the Co-Issuers, as applicable, will execute and the Trustee will authenticate and deliver an<br />

equal aggregate outstanding principal amount of definitive physical Notes.<br />

For so long as any Notes are listed on the <strong>Irish</strong> <strong>Stock</strong> <strong>Exchange</strong> and the rules of such exchange shall so require,<br />

the Co-Issuers will have a paying agent and transfer agent (which shall be the <strong>Irish</strong> Paying Agent) for such Notes in<br />

Ireland and payments on and transfers or exchanges of interests in such Notes may be effected through the <strong>Irish</strong><br />

Paying Agent; provided that all transfers and exchanges must be effected in accordance with the Indenture. In the<br />

event that the <strong>Irish</strong> Paying Agent is replaced at any time during such period, notice of the appointment of any<br />

replacement will be published via the Company Announcement Office of the <strong>Irish</strong> <strong>Stock</strong> <strong>Exchange</strong>.<br />

In addition, for so long as any Notes are listed on the <strong>Irish</strong> <strong>Stock</strong> <strong>Exchange</strong> and the rules of such exchange shall<br />

so require, in the case of a transfer or exchange of certificated Notes, a holder thereof may effect such transfer or<br />

exchange by presenting such Notes at, and obtaining a new certificated Note from, the office of the <strong>Irish</strong> Paying<br />

Agent, in the case of a transfer of a part only of a certificated Note a new certificated Note in respect of the<br />

outstanding balance of the principal amount of the certificated Note not transferred will be delivered at the office of<br />

the <strong>Irish</strong> Paying Agent, and in the case of a replacement of any lost, stolen, mutilated or destroyed certificated Notes,<br />

58

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