Common use of Cancellation of Notes Paid, Converted, Etc Clause in Contracts

Cancellation of Notes Paid, Converted, Etc. The Company shall cause all Notes surrendered for the purpose of payment, purchase, registration of transfer or exchange or conversion, if surrendered to any Person other than the Trustee (including any of the Company’s Agents, Subsidiaries or Affiliates), to be surrendered to the Trustee for cancellation. All Notes delivered to the Trustee shall be canceled promptly by it, and no Notes shall be authenticated in exchange thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of canceled Notes in accordance with its customary procedures and, after such disposition, shall deliver a certificate of such disposition to the Company, at the Company’s written request in a Company Order. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption, repurchase or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation. The Company shall surrender to the Trustee for cancellation any Notes purchased in the open market or by tender offer at any price or by private agreement (other than Notes purchased pursuant to cash-settled swaps or other derivatives).

Appears in 1 contract

Samples: Indenture (Akorn Inc)

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Cancellation of Notes Paid, Converted, Etc. The Company Note Registrar, Paying Agent and Conversion Agent (if other than the Trustee) shall cause all Notes surrendered to them for the purpose of payment, purchase, redemption, registration of transfer or exchange or conversion, if surrendered to any Person other than the Trustee (including any of the Company’s Agents, Subsidiaries or Affiliates), conversion to be surrendered to the Trustee for cancellation. All Notes delivered to the Trustee shall be canceled promptly by it, and no Notes shall be authenticated in exchange thereof therefor except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of canceled cancel such Notes in accordance with its customary procedures and, after such dispositioncancellation, shall deliver a certificate of such disposition cancellation to the Company, at the Company’s written request in a Company Order. If the Company or any of its Subsidiaries shall acquire any of the Notes, such acquisition shall not operate as a redemption, repurchase or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation. The Company shall surrender to the Trustee for cancellation any Notes purchased in the open market or by tender offer at any price or by private agreement (other than Notes purchased pursuant to cash-settled swaps or other derivatives).

Appears in 1 contract

Samples: Indenture (Isis Pharmaceuticals Inc)

Cancellation of Notes Paid, Converted, Etc. The Company shall cause all Notes surrendered for the purpose of payment, purchaseredemption, repurchase, registration of transfer or exchange or conversion, if surrendered to any Person other than the Trustee (including any of Company or the Company’s Agentsagents, Subsidiaries or Affiliates), to be surrendered to the Trustee for cancellation. All Notes delivered to the Trustee shall be canceled promptly by it, and no Notes shall be authenticated in exchange thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of canceled Notes in accordance with its customary procedures and, after such disposition, shall deliver a certificate of such disposition to the Company, at Company upon the written request of the Company’s written request in a Company Order. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption, repurchase or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation. The Company shall surrender to the Trustee for cancellation any Notes purchased in the open market or by tender offer at any price or by private agreement (other than Notes purchased pursuant to cash-settled swaps or other derivatives).

Appears in 1 contract

Samples: Indenture (Pra Group Inc)

Cancellation of Notes Paid, Converted, Etc. The Company shall cause all Notes surrendered for the purpose of payment, purchaserepurchase, registration of transfer or exchange or conversion, if surrendered to any Person other than the Trustee (including any of the Company’s Agentsagents, Subsidiaries or Affiliates), to be surrendered delivered to the Trustee for cancellation. All Notes delivered to the Trustee shall be canceled promptly by it, and no Notes shall be authenticated in exchange thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of canceled Notes in accordance with its customary procedures and, after such disposition, shall deliver a certificate of such disposition to the Company, at the Company’s written request in a Company Order. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption, repurchase or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation. The Company shall surrender to the Trustee for cancellation any Notes purchased in the open market or by tender offer at any price or by private agreement (other than Notes purchased pursuant to cash-settled swaps or other derivatives).

Appears in 1 contract

Samples: Indenture (Medicines Co /De)

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Cancellation of Notes Paid, Converted, Etc. The Company shall cause all Notes surrendered for the purpose of payment, purchaserepurchase, redemption, registration of transfer or exchange or conversion, if surrendered to any Person other than the Trustee (including any of Company or the Company’s Agentsagents, Subsidiaries or Affiliates), to be surrendered to the Trustee for cancellation. All Notes delivered to the Trustee for cancellation shall be canceled promptly by it, and no Notes shall be authenticated in exchange thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of canceled Notes in accordance with its customary procedures and, after such disposition, shall deliver a certificate of such disposition to the Company, at Company upon the written request of the Company’s written request in a Company Order. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption, repurchase or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation. The Company shall surrender to the Trustee for cancellation any Notes purchased in the open market or by tender offer at any price or by private agreement (other than Notes purchased pursuant to cash-settled swaps or other derivatives).

Appears in 1 contract

Samples: Indenture (HCI Group, Inc.)

Cancellation of Notes Paid, Converted, Etc. The Company shall cause all Notes surrendered for the purpose of payment, purchaserepurchase, registration of transfer or exchange or conversion, if surrendered to any Person other than the Trustee (including Company, any of the Company’s Agentsagents, Subsidiaries or Affiliates), to be surrendered delivered to the Trustee for cancellation. All Notes delivered to the Trustee shall be canceled promptly by it, and no Notes shall be authenticated in exchange thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of canceled Notes in accordance with its customary procedures and, after such disposition, shall deliver a certificate of such disposition to the Company, at the Company’s written request in a Company Order. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption, repurchase or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation. The Company shall surrender to the Trustee for cancellation any Notes purchased in the open market or by tender offer at any price or by private agreement (other than Notes purchased pursuant to cash-settled swaps or other derivatives).

Appears in 1 contract

Samples: Indenture (Cypress Semiconductor Corp /De/)

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