Common use of Cancellation of Certificates Clause in Contracts

Cancellation of Certificates. 16.1 All Certificates which are surrendered in connection with redemption, exchanged (in the case of a Global Certificate) or transferred (in the case of definitive Certificates) shall be cancelled by the Agent to which they are surrendered. In addition, the Principal Paying Agent will promptly cancel any Certificate delivered to it by DIB for cancellation following the purchase of that Certificate by DIB or any of its Subsidiaries in accordance with Condition 13. Each of the Agents shall give to the Registrar details of all payments made by it and shall deliver all cancelled Certificates to the Registrar (or as the Registrar may specify). 16.2 The Registrar or its authorised agent shall destroy all cancelled Certificates and upon written request furnish the Trustee, DIB and the Principal Paying Agent with a certificate of destruction containing written particulars of the serial numbers of the cancelled Certificates.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

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Cancellation of Certificates. 16.1 15.1 All Certificates which are surrendered in connection with any redemption, exchanged exchange (in the case of a the Global Certificate) or transferred transfer (in the case of definitive Definitive Certificates) shall be cancelled by the Agent to which they are so surrendered. In addition, the Principal Paying Agent will promptly cancel any Certificate delivered to it by DIB Infracorp for cancellation following the purchase of that Certificate by DIB or any of its Subsidiaries Infracorp in accordance with Condition 1310.2 (Purchase). Each of the Agents shall give to the Registrar details of all payments made by it and shall deliver all cancelled Certificates to the Registrar (or as the Registrar may specify). 16.2 15.2 The Registrar or its authorised agent shall destroy all cancelled Certificates and upon written request furnish the Trustee, DIB Infracorp and the Principal Paying Agent with a certificate of destruction containing written particulars of the serial numbers of the cancelled Certificates.

Appears in 1 contract

Samples: Agency Agreement

Cancellation of Certificates. 16.1 15.1 All Certificates which are surrendered in connection with redemption, exchanged (in the case of a the Global Certificate) or transferred (in the case of definitive Definitive Certificates) shall be cancelled by the Agent to which they are surrendered. In addition, the Principal Paying Agent will promptly cancel any Certificate delivered to it by DIB for cancellation following the purchase of that Certificate by DIB or any of its Subsidiaries in accordance with Condition 13. Each of the Agents shall give to the Registrar details of all payments made by it and shall deliver all cancelled Certificates to the Registrar (or as the Registrar may specify). The Trustee and DIB shall notify the Registrar of any Certificates which are purchased by the Trustee from DIB or any Subsidiary of DIB and surrendered to an Agent for cancellation and such Certificates shall be cancelled by the Agent to which they are surrendered. 16.2 15.2 The Registrar or its authorised agent shall destroy all cancelled Certificates and upon written request furnish the Trustee, DIB and the Principal Paying Agent with a certificate of destruction containing written particulars of the serial numbers of the cancelled Certificates.

Appears in 1 contract

Samples: Agency Agreement

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Cancellation of Certificates. 16.1 15.1 All Certificates which are surrendered in connection with any redemption, exchanged exchange (in the case of a the Global Certificate) or transferred transfer (in the case of definitive Definitive Certificates) shall be cancelled by the Agent to which they are so surrendered. In addition, the Principal Paying Agent will promptly cancel any Certificate delivered to it by DIB the Bank for cancellation following the purchase of that Certificate by DIB or any of its Subsidiaries the Bank in accordance with Condition 1310.2 (Purchase). Each of the Agents shall give to the Registrar details of all payments made by it and shall deliver all cancelled Certificates to the Registrar (or as the Registrar may specify). 16.2 15.2 The Registrar or its authorised agent shall destroy all cancelled Certificates and upon written request furnish the Trustee, DIB the Bank and the Principal Paying Agent with a certificate of destruction containing written particulars of the serial numbers of the cancelled Certificates.

Appears in 1 contract

Samples: Agency Agreement

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