Common use of Cancellation by Paying Agents Clause in Contracts

Cancellation by Paying Agents. All Notes which are redeemed (together with such unmatured Coupons as are attached to or are surrendered with them at the time of such redemption), and all Coupons which are paid, shall be cancelled forthwith by the Paying Agent by or through which they are redeemed or paid. Such Paying Agent shall send to the Principal Paying Agent the details required by the Principal Paying Agent for the purposes of this Clause and the cancelled Notes and Coupons.

Appears in 7 contracts

Samples: Paying Agency Agreement, Paying Agency Agreement, Paying Agency Agreement

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Cancellation by Paying Agents. All Notes which are redeemed (together with such unmatured Coupons as are attached to or are surrendered with them at the time of such redemption), and all Coupons which are paid, shall be cancelled forthwith by the Paying Agent by or through which they are redeemed or paid. Such Paying Agent shall send to the Principal Paying Fiscal Agent the details required by the Principal Paying Fiscal Agent for the purposes of this Clause and the cancelled Notes and Coupons.

Appears in 2 contracts

Samples: Agency Agreement, Fiscal Agency Agreement (Olsten Corp)

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Cancellation by Paying Agents. All Notes which are redeemed (together with such unmatured Coupons as are attached to or are appertaining thereto surrendered with them therewith at the time of such redemption), and all Coupons which are paidpaid in accordance with and in the manner provided in the Conditions, shall be cancelled forthwith immediately by the Paying Agent by or through which they are redeemed or paid. Such Unless it is also the Principal Paying Agent, such Paying Agent shall promptly send to the Principal Paying Agent the details required by the Principal Paying Agent for the purposes of this Clause and the cancelled Notes and Coupons.

Appears in 1 contract

Samples: Agency Agreement (PROCTER & GAMBLE Co)

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