Cancellation and Destruction of Surrendered Bonds. All Bonds surrendered for payment or redemption and all Bonds purchased with money available for that purpose in any funds established under this Indenture, shall, at the time of such payment or redemption, be canceled and destroyed by the Trustee. The Trustee shall deliver to the Authority certificates of destruction with respect to all Bonds destroyed in accordance with this Section.
Cancellation and Destruction of Surrendered Bonds. All Bonds surrendered for payment, registration of transfer or exchange shall, if surrendered to any Person other than the Bond Registrar, be delivered to the Bond Registrar and shall be promptly cancelled by it. The Issuer may at any time deliver to the Bond Registrar for cancellation any Bond previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Bonds so delivered shall be promptly cancelled by the Bond Registrar. No Bonds shall be authenticated in lieu of or in exchange for any Bonds cancelled as provided in this Section, except as expressly permitted by this Indenture. The Bond Registrar is hereby directed to destroy all cancelled Bonds unless the Issuer shall direct otherwise by an Issuer Order. The Trustee shall deliver to the Issuer a certificate of destruction in respect to all Bonds so destroyed.
Cancellation and Destruction of Surrendered Bonds. All Bonds surrendered for payment, redemption, credit against sinking fund payment or registration of transfer or exchange or deemed lost or stolen shall, if surrendered to any Person other than the Bond Trustee, be delivered to the Bond Trustee and may not be reissued or resold. The Issuer may at any time deliver to the Bond Trustee for cancellation any Bonds previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever. The Bond Trustee (and no one else) shall promptly cancel all Bonds surrendered for payment, redemption, credit against sinking fund payment or registration of transfer or exchange, and all Bonds surrendered for cancellation by the Issuer. All canceled Bonds held by the Bond Trustee shall be (a) disposed of by the Bond Trustee in accordance with the customary procedures of the Bond Trustee in effect from time to time and certification of their destruction shall be delivered to the Issuer or (b) held by the Bond Trustee in accordance with its standard retention policy in effect from time to time, unless the Issuer shall direct the Bond Trustee that they be returned to it. No Bonds shall be authenticated in lieu of or in exchange for any Bonds canceled as provided in this Section 2.12, except as expressly permitted by this Indenture.
Cancellation and Destruction of Surrendered Bonds. Bonds ------------ ------------------------------------------------- surrendered for payment, redemption, registration of transfer, or exchange, and Bonds purchased from any fund established under this Indenture, shall, if surrendered to any Bond Registrar or Paying Agent other than the Trustee, be delivered to the Trustee and, if not already cancelled, shall be promptly cancelled by it.
Cancellation and Destruction of Surrendered Bonds. 23 Section 2.12 .....
Cancellation and Destruction of Surrendered Bonds. The Paying Agent shall cancel and destroy (a) all Bonds surrendered for transfer or exchange, for payment at maturity or for redemption (unless the surrendered Bond is to be partially redeemed and the Paying Agent elects to return the Bond, certified as to the partial redemption, to the Registered Owner thereof pursuant to Section 2.5(b)(iii)), and (b) all Bonds purchased at the direction of the Company and surrendered to the Paying Agent for cancellation. The Paying Agent shall deliver to the Issuer a certificate of cancellation and destruction in respect of all Bonds cancelled and destroyed in accordance with this Section.
Cancellation and Destruction of Surrendered Bonds. Bonds surrendered for payment, or exchanged and surrendered to the Trustee for cancellation by the Company, shall be cancelled and destroyed by the Trustee.
Cancellation and Destruction of Surrendered Bonds. Bonds surrendered for payment, redemption, transfer or exchange and Bonds surrendered to the Tender Agent by the Issuer or by the Company for cancellation shall be cancelled and destroyed by the Tender Agent. Bonds purchased pursuant to Article IV shall not be surrendered Bonds and shall be outstanding Bonds, unless otherwise specifically provided in this Indenture. The Tender Agent shall deliver to the Issuer and to the Company certificates of destruction in respect of all Bonds so destroyed.
Cancellation and Destruction of Surrendered Bonds. Conversion of Interest Rate on Optional Conversion Date 23 3.02 Conversion of Interest Rate on Automatic Conversion Date 24 3.03 Exchange of Bonds after Conversion Date ................ 25 3.04 Condition to Conversion ................................ 25 3.05
Cancellation and Destruction of Surrendered Bonds. All Bonds surrendered for payment, redemption or registration of transfer or exchange shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee. The Partnership may at any time deliver to the Trustee for cancellation any Bonds previously authenticated and delivered hereunder which the Partnership may have acquired in any manner whatsoever. The Trustee (and no one else) shall cancel all Bonds surrendered for payment, redemption or registration of transfer or exchange, and all Bonds surrendered for cancellation by the Partnership. All canceled Bonds held by the Trustee shall be disposed of in accordance with the customary procedures of the Trustee in effect from time to time. No Bonds shall be authenticated in lieu of or in exchange for any Bonds canceled as provided in this Section 2.12, except as expressly permitted by this Indenture.
