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

Cancellation of Notes Paid, Etc. All Notes surrendered for the purpose of payment, redemption, conversion, exchange or registration of transfer shall, if surrendered to the Company or any paying agent or any Note registrar or any conversion agent, be surrendered to the Trustee and promptly canceled by it or, if surrendered to the Trustee, shall be promptly canceled by it and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, the Trustee shall destroy canceled Notes, in accordance with the usual destruction procedures of the Trustee. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tribune Co), Securities Purchase Agreement (Softkey International Inc)

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Cancellation of Notes Paid, Etc. All Notes surrendered for the purpose of payment, redemption, repurchase, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent Paying Agent or any Note registrar Registrar or any conversion agent, be surrendered to the Trustee and promptly canceled by it it, or, if surrendered to the Trustee, shall be promptly canceled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, All cancelled Notes held by the Trustee shall destroy canceled Notes, in accordance with be destroyed and certification of their destruction delivered to the usual destruction procedures of Company unless by a Company Order the TrusteeCompany shall direct that cancelled Notes be returned to it. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 2 contracts

Samples: Indenture (RCN Corp /De/), Indenture (RCN Corp /De/)

Cancellation of Notes Paid, Etc. All Notes surrendered for the purpose of payment, redemption, purchase, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent or any Note registrar or any conversion agent, be surrendered to the Trustee and promptly canceled by it it, or, if surrendered to the Trustee, shall be promptly canceled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, the Trustee shall destroy canceled NotesNotes and, in accordance with after such destruction, shall, if requested by the usual Company, deliver a certificate of such destruction procedures of to the TrusteeCompany. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption redemption, purchase or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 2 contracts

Samples: Indenture (International Shipholding Corp), Indenture (International Shipholding Corp)

Cancellation of Notes Paid, Etc. All Notes surrendered for the purpose of payment, redemption, repurchase, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent or any Note registrar or any conversion agent, be surrendered to the Trustee and promptly canceled by it it, or, if surrendered to the Trustee, shall be promptly canceled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, the Trustee shall destroy canceled NotesNotes and, in accordance with after such destruction, shall deliver a certificate of such destruction to the usual destruction procedures of the TrusteeCompany. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption redemption, repurchase or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Alkermes Inc)

Cancellation of Notes Paid, Etc. All Notes ------------------------------- surrendered for the purpose of payment, redemption, conversion, exchange or registration of transfer shall, if surrendered to the Company or any paying or conversion agent or any Note registrar or any conversion agentthe Registrar, be surrendered to the Trustee for cancellation and promptly canceled cancelled by it orit, or if surrendered to the Trustee, shall be promptly canceled cancelled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions The Trustee shall, upon request of the Company, deliver either cancelled Notes or a certificate of destruction thereof to the Trustee shall destroy canceled Notes, in accordance with the usual destruction procedures of the TrusteeCompany. If the Company shall acquire any of the Notes, however, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Emc Corp)

Cancellation of Notes Paid, Etc. All Notes surrendered for the purpose of payment, redemption, repurchase, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent or any Note registrar or any conversion agent, be surrendered to the Trustee and promptly canceled by it it, or, if surrendered to the Trustee, shall be promptly canceled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, the Trustee shall destroy canceled NotesNotes and, in accordance with after such destruction, shall deliver a certificate of such destruction to the usual destruction procedures of the TrusteeCompany. If the Company shall acquire any of the Notes, such -20- 26 acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Cephalon Inc)

Cancellation of Notes Paid, Etc. All Notes surrendered for the purpose of payment, redemption, repurchase, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent or any Note registrar or any conversion agent, be surrendered to the Trustee and promptly canceled by it it, or, if surrendered to the Trustee, shall be promptly canceled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, the Trustee shall destroy canceled NotesNotes and, in accordance with after such destruction, shall deliver a certificate of such destruction to the usual destruction procedures of the TrusteeCompany. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.such

Appears in 1 contract

Samples: Indenture (Alkermes Inc)

Cancellation of Notes Paid, Etc. All Notes surrendered for ------------------------------- the purpose of payment, redemption, repurchase, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent or any Note registrar or any conversion agent, be surrendered to the Trustee and promptly canceled by it it, or, if surrendered to the Trustee, shall be promptly canceled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, the Trustee shall destroy canceled NotesNotes and, in accordance with after such destruction, shall deliver a certificate of such destruction to the usual destruction procedures of the TrusteeCompany. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Premiere Technologies Inc)

Cancellation of Notes Paid, Etc. All Notes surrendered for the purpose of payment, redemption, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent or any Note registrar or any conversion agent, be surrendered to the Trustee and promptly canceled by it it, or, if surrendered to the Trustee, shall be promptly canceled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, the The Trustee shall destroy canceled NotesNotes (unless the Company directs it to do otherwise) and, in accordance with after such destruction, shall, if requested by the usual Company, deliver a certificate of such destruction procedures of to the TrusteeCompany. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (National Semiconductor Corp)

Cancellation of Notes Paid, Etc. All Notes surrendered for -------------------------------- the purpose of payment, redemption, repurchase, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent or any Note registrar or any conversion agent, be surrendered to the Trustee and promptly canceled by it it, or, if surrendered to the Trustee, shall be promptly canceled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, the Trustee shall destroy canceled NotesNotes and, in accordance with after such destruction, shall deliver a certificate of such destruction to the usual destruction procedures of the TrusteeCompany. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Level One Communications Inc /Ca/)

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Cancellation of Notes Paid, Etc. All Notes surrendered for the purpose of payment, redemption, repurchase, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent or any Note registrar Registrar or any conversion agent, be surrendered to the Trustee and promptly canceled by it it, or, if surrendered to the Trustee, shall be promptly canceled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, the Trustee shall destroy canceled NotesNotes and, in accordance with after such destruction, shall deliver a certificate of such destruction to the usual destruction procedures of the TrusteeCompany. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Ibasis Inc)

Cancellation of Notes Paid, Etc. All Notes surrendered for the purpose of payment, redemptionrepurchase, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent or any Note registrar or any conversion agent, be surrendered to the Trustee and promptly canceled by it it, or, if surrendered to the Trustee, shall be promptly canceled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, the Trustee shall destroy canceled NotesNotes and, in accordance with after such destruction, shall deliver a certificate of such destruction to the usual destruction procedures of the TrusteeCompany. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Sepracor Inc /De/)

Cancellation of Notes Paid, Etc. All Notes surrendered for the ------------------------------- purpose of payment, redemption, repurchase, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent or any Note registrar or any conversion agent, be surrendered to the Trustee and promptly canceled by it it, or, if surrendered to the Trustee, shall be promptly canceled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, the Trustee shall destroy dispose of canceled Notes, Notes in accordance with the usual destruction procedures of the Trusteeits customary procedures. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (E Trade Group Inc)

Cancellation of Notes Paid, Etc. All Notes surrendered for the purpose of payment, redemption, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent or any Note registrar or any conversion agent, be surrendered to the Trustee and promptly canceled by it it, or, if surrendered to the Trustee, shall be promptly canceled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, the The Trustee shall destroy canceled NotesNotes (unless the Company directs it to do otherwise) and, in accordance with after such destruction, shall deliver a certificate of such destruction to the usual destruction procedures of the TrusteeCompany. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Cke Restaurants Inc)

Cancellation of Notes Paid, Etc. All Notes surrendered -------------------------------- for the purpose of payment, redemption, repurchase, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent or any Note registrar or any conversion agent, be surrendered to the Trustee and promptly canceled by it it, or, if surrendered to the Trustee, shall be promptly canceled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, the Trustee shall destroy canceled NotesNotes and, in accordance with after such destruction, shall deliver a certificate of such destruction to the usual destruction procedures of the TrusteeCompany. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Park Electrochemical Corp)

Cancellation of Notes Paid, Etc. All Notes surrendered for the purpose of payment, redemptionrepurchase, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent Paying Agent or any Note registrar or any conversion agentConversion Agent, be surrendered to the Trustee and promptly canceled by it it, or, if surrendered to the Trustee, shall be promptly canceled by it it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. Upon written instructions of the Company, the Trustee shall destroy canceled NotesNotes and, in accordance with after such destruction, shall deliver a certificate of such destruction to the usual destruction procedures of the TrusteeCompany. If the Company shall acquire any of the Notes, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Sepracor Inc /De/)

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