Common use of CANCELLATION OF DEBENTURES PAID, ETC Clause in Contracts

CANCELLATION OF DEBENTURES PAID, ETC. All Debentures surrendered for the purpose of payment, redemption, exchange or registration of transfer, or in discharge, shall, if surrendered to the Company or any paying agent or any Debenture registrar, be surrendered to the Trustee and promptly cancelled by it, or, if surrendered to the Trustee, shall be promptly cancelled by it, and no Debentures shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Company may at any time deliver to the Trustee for cancellation any Debentures previously authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever and the Trustee shall cancel any Debentures so delivered. The Trustee shall destroy cancelled Debentures, and upon request furnish to the Company certificates evidencing such destruction, unless the Company directs their return to the Company by written request. ARTICLE THREE

CANCELLATION OF DEBENTURES PAID, ETC. All Debentures surrendered for the purpose of payment, redemption, exchange or registration of transfer, or in discharge, discharge shall, if surrendered to the Company or any paying agent or any Debenture registrar, be surrendered to the Trustee and promptly cancelled by it, or, if surrendered to the Trustee, shall be promptly cancelled by it, and no Debentures shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall destroy cancelled Debentures and deliver a certificate of such destruction to the Company. If the Company may at shall acquire any time deliver of the Debentures, however, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Debentures unless and until the same are surrendered to the Trustee for cancellation any Debentures previously authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever and the Trustee shall cancel any Debentures so delivered. The Trustee shall destroy cancelled Debentures, and upon request furnish to the Company certificates evidencing such destruction, unless the Company directs their return to the Company by written requestcancellation. ARTICLE THREE

CANCELLATION OF DEBENTURES PAID, ETC. All Debentures surrendered for the purpose of payment, redemption, conversion, exchange or registration of transfer, or in discharge, shall, if surrendered to the Company or any paying agent or any Debenture registrarregistrar or any conversion agent, be surrendered to the Trustee and promptly cancelled canceled by it, or, if surrendered to the Trustee, shall be promptly cancelled canceled by it, and no Debentures shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Upon written instructions of the Company, the Trustee shall destroy canceled Debentures and, after such destruction, shall, if requested by the Company, deliver a certificate of such destruction to the Company. If the Company may at shall acquire any time deliver of the Debentures, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Debentures unless and until the same are delivered to the Trustee for cancellation any Debentures previously authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever and the Trustee shall cancel any Debentures so delivered. The Trustee shall destroy cancelled Debentures, and upon request furnish to the Company certificates evidencing such destruction, unless the Company directs their return to the Company by written request. ARTICLE THREEcancellation.

CANCELLATION OF DEBENTURES PAID, ETC. All Debentures surrendered for the purpose of payment, redemption, conversion, exchange or registration of transfer, or in discharge, shall, if surrendered to the Company or any paying agent or any Debenture registrarregistrar or any conversion agent, be surrendered to the Trustee and promptly cancelled by it, or, if surrendered to the Trustee, shall be promptly cancelled by it, and no Debentures shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall destroy cancelled Debentures (unless the Company may at directs it to do otherwise) and shall deliver a certificate of such destruction to the Company. If the Company shall acquire any time deliver of the Debentures, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Debentures unless and until the same are delivered to the Trustee for cancellation any Debentures previously authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever and the Trustee shall cancel any Debentures so delivered. The Trustee shall destroy cancelled Debentures, and upon request furnish to the Company certificates evidencing such destruction, unless the Company directs their return to the Company by written requestcancellation. ARTICLE THREE

CANCELLATION OF DEBENTURES PAID, ETC. All Debentures ------------------------------------ surrendered for the purpose of payment, redemption, exchange or registration of transfer, or in discharge, discharge shall, if surrendered to the Company or any paying agent or any Debenture registrar, be surrendered to the Trustee and promptly cancelled by it, or, if surrendered to the Trustee, shall be promptly cancelled by it, and no Debentures shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall destroy cancelled Debentures and deliver a certificate of such destruction to the Company. If the Company may at shall acquire any time deliver of the Debentures, however, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Debentures unless and until the same are surrendered to the Trustee for cancellation any Debentures previously authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever and the Trustee shall cancel any Debentures so delivered. The Trustee shall destroy cancelled Debentures, and upon request furnish to the Company certificates evidencing such destruction, unless the Company directs their return to the Company by written requestcancellation. ARTICLE THREE

CANCELLATION OF DEBENTURES PAID, ETC. All Debentures ------------------------------------- surrendered for the purpose of payment, redemption, conversion, exchange or registration of transfer, or in discharge, shall, if surrendered to the Company or any paying agent or any Debenture registrarregistrar or any conversion agent, be surrendered to the Trustee and promptly cancelled canceled by it, or, if surrendered to the Trustee, shall be promptly cancelled canceled by it, and no Debentures shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Upon written instructions of the Company, the Trustee shall destroy canceled Debentures and, after such destruction, shall deliver a certificate of such destruction to the Company. If the Company may at shall acquire any time deliver of the Debentures, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Debentures unless and until the same are delivered to the Trustee for cancellation any Debentures previously authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever and the Trustee shall cancel any Debentures so delivered. The Trustee shall destroy cancelled Debentures, and upon request furnish to the Company certificates evidencing such destruction, unless the Company directs their return to the Company by written request. ARTICLE THREEcancellation.