Common use of CANCELLATION OF NOTES AND COUPONS Clause in Contracts

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.

Appears in 2 contracts

Samples: Paying Agency Agreement, Paying Agency Agreement

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CANCELLATION OF NOTES AND COUPONS. 12.1 All Notes which are redeemed, all definitive Notes which are surrendered in connection with redemption redemption, (together with all unmatured Coupons attached to or delivered with the Notes), ) and 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 Guarantors or any of their respective the Issuer’s other 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 GuarantorGuarantors, will shall immediately notify the Principal Paying Agent in writing of all the principal amount of those Notes it has purchased and where such Notes are subsequently surrendered for cancellation, will procure may request 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.

Appears in 2 contracts

Samples: Paying Agency Agreement (Luxottica Group Spa), Paying Agency Agreement (Luxottica Group Spa)

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 subclause 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 Issuer or any of their respective its 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 it has 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. If the Issuer purchases any of its Notes for cancellation, the Issuer shall provide the Principal Paying Agent instructions in the form agreed to by the Principal Paying Agent confirming the details of the Notes to be purchased. The Issuer shall provide the instructions to the Principal Paying Agent no later than two business days prior to the date on which the Notes are intended to be purchased and cancelled. Once the Notes have been received by the Principal Paying Agent, it will request the immediate cancellation of the Notes.

Appears in 1 contract

Samples: Version Paying Agency Agreement

CANCELLATION OF NOTES AND COUPONS. 12.1 11.1 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 will be cancelled by the Paying Agent by or to which they are redeemed, surrendered, exchanged paid or paidexchanged. Each of the Paying Agents shall give to the Principal Paying Fiscal Agent details of all payments made by it and shall deliver all cancelled Notes and Coupons to the Principal Paying Fiscal Agent (or as the Principal Paying Fiscal Agent may specify). Where Notes are purchased by or on behalf of the Issuer, the Guarantor or any of their respective its 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 Fiscal Agent in writing of all Notes which have been purchased and where such Notes are subsequently surrendered for cancellation, will procure that the Notes (together with all unmatured Coupons appertaining to those the Notes) are promptly cancelled and delivered to the Principal Paying Fiscal Agent or its authorised agent.

Appears in 1 contract

Samples: Agency Agreement (Partnerre LTD)

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 Issuer or any of their respective its 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 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.

Appears in 1 contract

Samples: Paying Agency Agreement

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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 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 All Notes which are purchased by or on behalf of the Issuer, the Guarantor Issuer 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 its Subsidiaries and are surrendered to 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 attached to those Notes) are promptly them or surrendered with them, shall be cancelled and delivered to by the Principal Paying Agent Agent. For the avoidance of doubt, there is no obligation to cancel any Notes which are redeemed or purchased by or on behalf of the Issuer or any of its authorised agentSubsidiaries.

Appears in 1 contract

Samples: Paying Agency Agreement

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 Issuer or any of their respective Subsidiariesits Subsidiaries are to be cancelled, 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 promptly notify the Principal Paying Agent in writing of all Notes it has 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.

Appears in 1 contract

Samples: Version Paying Agency Agreement

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