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

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 19 contracts

Samples: Indenture (Kerzner International Employment Services LTD), Indenture (Waterford Gaming LLC), Indenture (Trump Communications LLC)

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Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the TrusteeRegistrar. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee Registrar or the Securities Custodian, at the direction of the TrusteeRegistrar, to reflect such reduction.

Appears in 8 contracts

Samples: Indenture (Multiverse Acquisition Corp), Indenture (Multiverse Acquisition Corp), Indenture (Talk Radio Network Inc)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, such Global Security shall be returned to or retained and cancelled canceled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Security Custodian, at the direction of the Trustee, Trustee to reflect such reduction. (i) General Provisions with respect to Transfer and Exchanges.

Appears in 7 contracts

Samples: Indenture (Environmental Procedures Inc), Indenture (Tuboscope Inc /De/), Indenture (Ocean Energy Inc)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, such Global Security shall be returned to or retained and cancelled canceled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 6 contracts

Samples: Indenture (Price Communications Corp), Indenture (HPSC Inc), Indenture (HPSC Inc)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security of a series have either been exchanged for Definitive SecuritiesSecurities of such series, redeemed, repurchased or cancelledcanceled, such Global Security shall be returned to or retained and cancelled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a such Global Security is exchanged for Definitive SecuritiesSecurities of such series, redeemed, repurchased or cancelled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Security Custodian, at the direction of the Trustee, Trustee to reflect such reduction.

Appears in 6 contracts

Samples: Indenture (Xto Energy Inc), Indenture (Xto Energy Inc), Indenture (Xto Energy Inc)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, such Global Security shall be returned to or retained and cancelled canceled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the written direction of the Trustee, to reflect such reduction.

Appears in 5 contracts

Samples: Indenture (May & Speh Inc), Indenture (Antec Corp), Indenture (General Semiconductor Inc)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, to reflect such reduction. (i) Obligations with respect to Transfers and Exchanges of Definitive Securities.

Appears in 4 contracts

Samples: Indenture (Price Communications Corp), Indenture (Price Communications Wireless Inc), Indenture (Price Communications Corp)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased redeemed or cancelledcanceled, such Global Security shall be returned to or retained and cancelled canceled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased redeemed or cancelledcanceled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 4 contracts

Samples: Indenture (Gamco Investors, Inc. Et Al), Indenture (Gamco Investors, Inc. Et Al), Indenture (Mueller Industries Inc)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, such Global Security shall be returned to or retained and cancelled canceled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, Trustee to reflect such reduction. (i) General Provisions with respect to Transfer and Exchanges.

Appears in 3 contracts

Samples: Indenture (Gothic Energy Corp), Indenture (Gothic Energy Corp), Indenture (Gothic Energy Corp)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the TrusteeRegistrar in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee Registrar or the Securities Custodian, at the direction of the TrusteeRegistrar, to reflect such reduction. (i) Obligations with respect to Transfers and Exchanges of Definitive Securities.

Appears in 2 contracts

Samples: Indenture (HMH Properties Inc), Indenture (HMH Properties Inc)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 2 contracts

Samples: Indenture (Montgomery Cellular Telephone Co Inc), Indenture (Price Communications Corp)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, such Global Security shall be returned to or retained and cancelled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Security Custodian, at the direction of the Trustee, Trustee to reflect such reduction.

Appears in 2 contracts

Samples: Indenture (Cross Timbers Oil Co), Indenture (Cross Timbers Oil Co)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, such Global Security shall be returned to or retained and cancelled canceled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the written direction of the Trustee, to reflect such reduction. (i) Obligations with respect to Transfers and Exchanges of Definitive Securities.

Appears in 1 contract

Samples: Indenture (Oak Industries Inc)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, to reflect such reduction. (i) Obligations with respect to Transfers and Exchanges of

Appears in 1 contract

Samples: Indenture (Occusystems Inc)

Cancellation and/or Adjustment of Global Security. At such time ------------------------------------------------- as all beneficial interests in a Global Security have either been exchanged for Definitive definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive definitive Securities, redeemed, repurchased or cancelled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Samples: Indenture (Hallmark America Inc)

Cancellation and/or Adjustment of Global Security. At ------------------------------------------------- such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Samples: Indenture (Doskocil Manufacturing Co Inc)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the TrusteeTrustee in accordance with Section 2.11. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelled, the principal amount of Securities Debentures represented by such Global Security shall be reduced accordingly and an endorsement shall be made on such Global Security, by the Trustee or the Securities Debentures Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Samples: Indenture (Lomak Petroleum Inc)

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Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the TrusteeRegistrar. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee Registrar or the Securities Custodian, at the direction of the TrusteeRegistrar, to reflect such reduction. (i) Obligations with respect to Transfers and Exchanges of Definitive Securities and Global Securities.

Appears in 1 contract

Samples: Indenture (Sunrise Assisted Living Inc)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelled, the principal amount at maturity of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Samples: Indenture (United International Holdings Inc)

Cancellation and/or Adjustment of Global Security. At such time ------------------------------------------------- as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, such Global Security shall be returned to or retained and cancelled canceled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the written direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Samples: Purchase Agreement (Apollo Investment Fund Iv Lp)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the Trustee. At any time prior to such cancellationcancella- tion, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Samples: Indenture (Universal Outdoor Inc)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, such Global Security shall be returned to or retained and cancelled canceled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Security Custodian, at the direction of the Trustee, Trustee to reflect such reduction.

Appears in 1 contract

Samples: Indenture (Pogo Producing Co)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, such Global Security shall be returned to or retained and cancelled canceled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the TrusteeRegistrar, to reflect such reduction. (i) Obligations with respect to Transfers and Exchanges of Definitive Securities and Global Securities.

Appears in 1 contract

Samples: Indenture (Smartalk Teleservices Inc)

Cancellation and/or Adjustment of Global Security. At such time ------------------------------------------------- as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Samples: Indenture (United States Filter Corp)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the TrusteeTrustee in accordance with Section 2.11. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelled, the principal amount of Securities Notes represented by such Global Security shall be reduced accordingly and an endorsement shall be made on such Global Security, by the Trustee or the Securities Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Samples: Indenture (Lomak Petroleum Inc)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive definitive Securities, redeemed, repurchased or cancelledcanceled, such Global Security shall be returned to or retained and cancelled canceled by the TrusteeRegistrar. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive definitive Securities, redeemed, repurchased or cancelledcanceled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee Registrar or the Securities Custodian, at the direction of the TrusteeRegistrar, to reflect such reduction.

Appears in 1 contract

Samples: Indenture (Efm Programming Inc)

Cancellation and/or Adjustment of Global Security. At such time as all ------------------------------------------------ beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, such Global Security shall be returned to or retained and cancelled canceled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelledcanceled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the written direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Samples: Indenture (Total Renal Care Holdings Inc)

Cancellation and/or Adjustment of Global Security. At such time as all beneficial interests in a Global Security have either been exchanged for Definitive Securities, redeemed, repurchased or cancelled, such Global Security shall be returned to or retained and cancelled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for Definitive Securities, redeemed, repurchased or cancelled, the principal amount of Securities represented by such Global Security shall be reduced and an endorsement shall be made on such Global Security, by the Trustee or the Securities Custodian, at the direction of the Trustee, to reflect such reduction. (i) Obligations with respect to Transfers and Exchanges of Definitive Securities and Global Securities.

Appears in 1 contract

Samples: Indenture (Concentra Managed Care Inc)

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