Common use of Cancellation and/or Adjustment of Global Notes Clause in Contracts

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Certificated Secured Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest

Appears in 1 contract

Samples: Pride International Inc

AutoNDA by SimpleDocs

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in the Global Notes have been exchanged for Certificated Secured Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interestinterest in a Global Note is exchanged for an interest in another Global Note or for Certificated Notes, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee to reflect such reduction.

Appears in 1 contract

Samples: Prime Foods Development Corp

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in a particular Global Notes Note have been exchanged for Certificated Secured Notes, Definitive Notes or a particular Global Note has been redeemed, repurchased or cancelledcanceled in whole and not in part, all each such Global Notes Note shall be returned to or retained and cancelled canceled by the Trustee in accordance with Section 2.11 hereofof the Indenture. At any time prior to such cancellation, if any beneficial interestinterest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note or for Definitive Notes, the principal

Appears in 1 contract

Samples: Tyco International LTD /Ber/

AutoNDA by SimpleDocs

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in a particular Global Notes Note have been exchanged for Certificated Secured Notes, Definitive Notes or a particular Global Note has been redeemed, repurchased or cancelledcanceled in whole and not in part, all each such Global Notes Note shall be returned to or retained and cancelled canceled by the Trustee in accordance with Section 2.11 2.12 hereof. At any time prior to such cancellation, if any beneficial interest.

Appears in 1 contract

Samples: Metromedia Fiber Network Inc

Time is Money Join Law Insider Premium to draft better contracts faster.