CANCELLATION OF NOTES AND COUPONS. 12.1 All Notes which are redeemed, all definitive Notes which are surrendered in connection with redemption (together with all unmatured Coupons attached to or delivered with Notes), all Coupons which are paid and all Global Notes which are exchanged in full (in accordance with the provisions of clause 3.2) shall be cancelled by the Paying Agent by or to which they are redeemed, surrendered, exchanged or paid. Each of the Paying Agents shall give to the Principal Paying Agent details of all payments made by it and shall deliver all cancelled Notes and Coupons to the Principal Paying Agent (or as the Principal Paying Agent may specify). Where Notes are purchased by or on behalf of the Issuer, the Guarantor or any of their respective Subsidiaries, any holding company of the Issuer and/or Guarantor or any other Subsidiary of any such holding company the Issuer or, as the case may be, the Guarantor, will immediately notify the Principal Paying Agent in writing of all Notes purchased and where such Notes are subsequently surrendered for cancellation, will procure that the Notes (together with all unmatured Coupons appertaining to those Notes) are promptly cancelled and delivered to the Principal Paying Agent or its authorised agent.
12.2 The Principal Paying Agent or its authorised agent shall (unless otherwise instructed by the Issuer in writing and save as provided in clause 14.1) destroy all cancelled Notes and Coupons and shall, upon written request, furnish the Issuer and the Guarantor with a certificate of destruction containing written particulars of the serial numbers of the Notes and the number by maturity date of Coupons so destroyed.
12.3 The Principal Paying Agent shall instruct Euroclear and Clearstream, Luxembourg to make appropriate entries in their records in respect of all Notes which are cancelled.
CANCELLATION OF NOTES AND COUPONS. 11.1 All Notes which are surrendered in connection with purchase by the Issuer, (together with all unmatured Coupons attached to or delivered with the Notes) and all Coupons which are paid shall be cancelled by the Paying Agent to which they are surrendered. Each of the Paying Agents shall give to the Fiscal Agent details of all payments made by it and shall deliver all cancelled Notes and Coupons to the Fiscal Agent (or as the Fiscal Agent may specify). If the Issuer or any Subsidiary of the Issuer purchases any Notes which are to be cancelled after such purchase, the Issuer shall forthwith cancel them or procure their cancellation through the Fiscal Agent.
11.2 The Fiscal Agent or its authorised agent shall (unless otherwise instructed by the Issuer in writing and save as provided in subclause 13.1) destroy all cancelled Notes and Coupons and furnish the Issuer with a certificate of destruction containing written particulars of the serial numbers of the Notes and the number by maturity date of Coupons so destroyed.
CANCELLATION OF NOTES AND COUPONS. 12.1 All Notes which are surrendered in connection with redemption (together with all unmatured Coupons attached to or delivered with such Notes) and all Coupons which are paid shall be cancelled by the Paying Agent to which they are surrendered. Each of the Paying Agents shall give to the Fiscal Agent details of all payments made by it and shall deliver all cancelled Notes and Coupons to the Fiscal Agent (or as the Fiscal Agent may specify). Where Notes are purchased by or on behalf of the Issuer, the Guarantor or any of their respective Subsidiaries, the Issuer or, as the case may be, the Guarantor, may (but shall not be obliged to) procure that the Notes (together with all unmatured Coupons appertaining to such Notes) are promptly cancelled.
12.2 The Fiscal Agent or its authorised agent shall (unless otherwise instructed by the Issuer or the Guarantor on behalf of the Issuer in writing and save as provided in clause 14.1) destroy all cancelled Notes and Coupons and furnish the Issuer and the Guarantor with a certificate of destruction containing written particulars of the serial numbers of the Notes and the number by maturity date of Coupons so destroyed.
CANCELLATION OF NOTES AND COUPONS. (1) All Notes which are redeemed, Global Notes which are exchanged in full and all Coupons which are paid shall be cancelled by the Paying Agent by which they are redeemed, exchanged or paid. Where Notes are purchased by or on behalf of the Issuer or any of its Subsidiaries the Issuer shall procure that those Notes (together, in the case of Definitive Notes, with all unmatured Coupons attached to them) are promptly cancelled and delivered to the Fiscal Agent or its authorised agent. Each of the Paying Agents shall give to the Fiscal Agent details of all payments made by it and shall deliver all cancelled Notes and Coupons to the Fiscal Agent or as the Fiscal Agent may specify.
(2) The Fiscal Agent shall deliver to the Issuer as soon as reasonably practicable and in any event within three months after the date of each repayment, payment, cancellation or replacement, as the case may be, a certificate stating:
(a) the aggregate nominal amount of Notes which have been redeemed and the aggregate amount paid in respect of them;
(b) the number of Notes cancelled together (in the case of Definitive Notes) with details of all unmatured Coupons attached to them or delivered with them;
(c) the aggregate amount paid in respect of interest on the Notes;
(d) the total number of each denomination by maturity date of Coupons cancelled; and
(e) (in the case of Definitive Notes) the serial numbers of the Notes.
(3) The Fiscal Agent shall (unless otherwise instructed by the Issuer in writing) destroy all cancelled Notes and Coupons and, immediately following their destruction, send to the Issuer a certificate stating the serial numbers of the Notes (in the case of Definitive Notes) and the number by maturity date of Coupons destroyed.
(4) Without prejudice to the obligations of the Fiscal Agent under subclause (2), the Fiscal Agent shall keep a full and complete record of all Notes and Coupons (other than serial numbers of Coupons) and of their redemption, purchase on behalf of the Issuer or any of its Subsidiaries and cancellation, payment or replacement (as the case may be) and of all replacement Notes or Coupons issued in substitution for mutilated, defaced, destroyed, lost or stolen Notes or Coupons in accordance with clause 9. The Fiscal Agent shall in respect of the Coupons of each maturity retain until the expiry of five years from the Relevant Date in respect of such Coupons either all paid or exchanged Coupons of that maturity or a list of the serial numbers of Coup...
CANCELLATION OF NOTES AND COUPONS. The Company requests and authorizes Banca del Gottardo and Banca del Gottardo undertakes to cancel and destroy all Coupons (if printed) paid and Notes (if printed) redeemed, converted or replaced, after the period prescribed by law, and to certify to the Company in writing the serial numbers of Notes destroyed, the dates when such destruction took place and the names of the persons witnessing such destruction. Banca del Gottardo reserves the right to record cashed Coupons as well as redeemed, repaid, converted or replaced Notes on video tape or other data carriers and to store them in this way instead of keeping them physically during the period prescribed by law and to destroy them subsequently. This reproduction of Coupons and/or Notes will remain in safekeeping at Banca del Gottardo during the statutory limitation.
CANCELLATION OF NOTES AND COUPONS. Issue of Replacement Notes and Coupons................................5 14.
CANCELLATION OF NOTES AND COUPONS. Issue of replacement Notes and Coupons.......................8 10. Copies of documents available for inspection................9 11.
CANCELLATION OF NOTES AND COUPONS. (1) The Company requests and authorizes Banca del Gottardo and Banca del Gottardo undertakes to cancel and destroy all Coupons paid and Notes redeemed, converted or replaced, after the period prescribed by law, and to certify to the Company in writing the serial numbers of Notes destroyed, the dates when such destruction took place and the names of the persons witnessing such destruction. Banca del Gottardo reserves the right to record cashed Coupons as well as redeemed, repaid, converted or replaced Notes on video tape or other data carriers and to store them in this way instead of keeping them physically during the period prescribed by law and to destroy them subsequently. This reproduction of Coupons and/or Notes will remain in safekeeping at Banca del Gottardo during the statutory limitation.
(2) If Notes and Coupons have not been printed, Banca del Gottardo shall cancel the Global Note and return it to the Company upon receipt from the Company of all payments due under the Terms of the Notes and this Agreement.
CANCELLATION OF NOTES AND COUPONS. (a) All Notes which are redeemed or exchanged (together with all unmatured Coupons attached thereto or delivered therewith) and all Coupons which are paid shall be cancelled by the Paying Agent by which they are paid. Each of the Paying Agents shall give to the Fiscal Agent details of all payments made by it and shall deliver all cancelled Notes and Coupons to the Fiscal Agent or as the Fiscal Agent may specify. Where Notes are purchased by or on behalf of the Company, the Company may, at its option, procure that such Notes (together with all unmatured Coupons appertaining thereto) are promptly surrendered to the Fiscal Agent or its authorized agent for cancellation.
(b) The Fiscal Agent shall (unless required by law or otherwise instructed by the Company in writing and save as provided in Clause 13(a) below) destroy all cancelled Notes and Coupons and, upon request, furnish the Company with a certificate of destruction containing serial numbers of the Notes and the number of Coupons so destroyed.
CANCELLATION OF NOTES AND COUPONS. (1) All Notes which are surrendered in connection with redemption (together with all unmatured Coupons attached to or delivered with Notes) and all Coupons which are paid shall be cancelled by the Paying Agent to which they are surrendered. Each of the Paying Agents shall give to the Fiscal Agent details of all payments made by it and shall deliver all cancelled Notes and Coupons to the Fiscal Agent (or as the Fiscal Agent may specify). Where Notes are purchased by or on behalf of Gillxxxx, Xxllxxxx xxx procure that the Notes (together with all unmatured Coupons appertaining to the Notes) are cancelled and delivered to the Fiscal Agent or its authorised agent.
(2) The Fiscal Agent or its authorised agent shall (unless otherwise instructed by Gillxxxx xx writing) destroy all cancelled Notes and Coupons and furnish Gillxxxx xxxh a certificate of destruction containing written particulars of the serial numbers of the Notes and the number by maturity date of Coupons so destroyed.
