Cancellation of Securities; Destruction Thereof. All Securities surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Company or any agent of the Company or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be canceled by it and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee may, subject to the record retention requirements of the Exchange Act, as amended, dispose of canceled Securities held by it in accordance with its procedures for the disposition of canceled securities in effect as of the date of such disposition and upon request therefor deliver a certificate of disposition to the Company unless the Company instructs the Trustee in writing to return the canceled Securities to the Company. If the Company shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation.
Appears in 3 contracts
Samples: Indenture (Hanson PLC), Indenture (Hanson PLC), Indenture (Hanson PLC)
Cancellation of Securities; Destruction Thereof. All Securities surrendered for payment, redemption, cancellation, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Company Issuer or any agent of the Company Issuer or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be canceled cancelled by it it; and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this the Indenture. The On written request of the Issuer at the time of such surrender, the Trustee may, subject shall deliver to the record retention requirements Issuer the Securities cancelled by the Trustee. In the absence of such request, the Exchange Act, as amended, Trustee shall dispose of canceled cancelled Securities held by it in accordance with its customary procedures for the disposition of canceled securities in effect as of the date of such disposition and upon request therefor deliver a certificate of disposition to the Company unless the Company instructs the Trustee in writing to return the canceled Securities to the CompanyIssuer. If the Company Issuer shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation.
Appears in 3 contracts
Samples: Indenture (NBCUniversal Media, LLC), Indenture (Comcast Corp), Indenture (NBCUniversal Media, LLC)
Cancellation of Securities; Destruction Thereof. All Securities surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Company Issuer, or any agent of the Company Issuer, or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be canceled cancelled by it in accordance with its customary procedures; and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee mayshall, subject to the record retention requirements of the Exchange Act, as amended, dispose of canceled destroy cancelled Securities held by it in accordance with its procedures for the disposition of canceled securities in effect as and upon written request of the date of such disposition and upon request therefor Issuer deliver a certificate of disposition destruction to the Company unless the Company instructs the Trustee in writing to return the canceled Securities to the CompanyIssuer. If the Company Issuer shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation.
Appears in 2 contracts
Samples: Indenture (Nokia Corp), Indenture (Nokia Corp)
Cancellation of Securities; Destruction Thereof. All Securities and Coupons surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Company Issuer or any agent of the Company Issuer or the Trustee or any agent of the Trustee, shall be delivered to the Trustee or its agent for cancellation or, if surrendered to the Trustee, shall be canceled by it it; and no Securities or Coupons shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee may, subject to the record retention requirements of the Exchange Act, as amended, or its agent shall dispose of canceled Securities and Coupons held by it in accordance with its customary procedures for the disposition of canceled cancelled securities in effect as of the date of such disposition and upon request therefor deliver a certificate of disposition to the Company unless the Company instructs the Trustee in writing to return the canceled Securities to the Companycancellation. If the Company Issuer or its agent shall acquire any of the SecuritiesSecurities or Coupons, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities or Coupons unless and until the same are delivered to the Trustee or its agent for cancellation.
Appears in 2 contracts
Samples: Subordinated Indenture (Rediff Com India LTD), Senior Indenture (Rediff Com India LTD)
Cancellation of Securities; Destruction Thereof. All Securities and Coupons surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Company Issuer or any agent of the Company Issuer or the Trustee or any agent of the Trustee, shall be delivered to the Trustee or its agent for cancellation or, if surrendered to the Trustee, shall be canceled cancelled by it it; and no Securities or Coupons shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee may, subject to the record retention requirements of the Exchange Act, as amended, or its agent shall dispose of canceled cancelled Securities and Coupons held by it in accordance with its customary procedures for the disposition of canceled cancelled securities in effect as of the date of such disposition and upon request therefor deliver a certificate of disposition to the Company unless the Company instructs the Trustee in writing to return the canceled Securities to the Companycancellation. If the Company Issuer or its agent shall acquire any of the SecuritiesSecurities or Coupons, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities or Coupons unless and until the same are delivered to the Trustee or its agent for cancellation.
Appears in 1 contract
Samples: Senior Indenture (Enstar Group LTD)
Cancellation of Securities; Destruction Thereof. All Securities surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Company Issuer or any agent of the Company Issuer or the Trustee, shall be delivered to the Trustee for prompt cancellation or, if surrendered to the Trustee, shall be promptly canceled by it it. The Issuer may at any time deliver to the Trustee for cancellation any Securities previously authenticated and no delivered hereunder that the Issuer may have acquired in any manner whatsoever, and all Securities so delivered shall be promptly canceled by the Trustee. No Securities shall be issued in lieu thereof of or in exchange for any Securities canceled as provided in this Section, except as expressly permitted by any of the provisions of this Indenture. The Trustee may, subject to the record retention requirements of the Exchange Act, as amended, dispose of shall destroy canceled Securities held by it in accordance with its then customary procedures for the disposition of canceled securities in effect as of the date of such disposition and upon request therefor deliver a certificate of disposition destruction to the Company unless Issuer upon written request of the Company instructs the Trustee in writing to return the canceled Securities to the CompanyIssuer. If the Company Issuer shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation.
Appears in 1 contract
Cancellation of Securities; Destruction Thereof. All Securities and Coupons surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Company Issuer or any agent of the Company Issuer or the Trustee or any agent of the Trustee, shall be delivered to the Trustee or any agent of the Trustee for cancellation or, if surrendered to the Trustee, shall be canceled by it (unless such Securities are to be remarketed pursuant to the terms thereof); and no Securities or Coupons shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee may, subject to the record retention requirements of the Exchange Act, as amended, shall dispose of canceled Securities and Coupons held by it in accordance with its procedures for the disposition of canceled securities in effect as of the date of such disposition and upon request therefor deliver a certificate of disposition to the Company unless the Company instructs the Trustee in writing to return the canceled Securities to the CompanyIssuer. If the Company Issuer shall acquire any of the SecuritiesSecurities or Coupons, such acquisition shall not operate as a redemption or satisfaction of the indebtedness Indebtedness represented by such Securities or Coupons unless and until the same are delivered to the Trustee or any agent of the Trustee or the agent of the Trustee for cancellation.
Appears in 1 contract
Samples: Indenture (CBRL Group Inc)
Cancellation of Securities; Destruction Thereof. All ----------------------------------------------- Securities surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Company Issuer or any agent of the Company Issuer or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be canceled by it provided all conditions regarding such cancellation have been met; and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee may, subject to the record retention requirements of the Exchange Act, as amended, shall cancel and dispose of canceled all Securities held by it surrendered for registration of transfer, exchange, payment or cancellation in accordance with its procedures for the disposition Trustee's policy of canceled securities in effect as of the date of such disposition and upon request therefor deliver a certificate of disposition to the Company disposal unless the Company Issuer instructs the Trustee in writing to return deliver the canceled Securities to the CompanyIssuer. If the Company Issuer shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation.
Appears in 1 contract
Cancellation of Securities; Destruction Thereof. All Securities and Coupons surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if any, if surrendered to the Company Issuer or any agent of the Company Issuer or the Trustee or any agent of the Trustee, shall be delivered to the Trustee or its agent for cancellation or, if surrendered to the Trustee, shall be canceled cancelled by it it; and no Securities or Coupons shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee mayor its agent shall, subject to the record retention requirements of the Exchange Act, as amended, dispose of canceled cancelled Securities and Coupons held by it in accordance with its procedures for the disposition of canceled securities in effect as of the date of such disposition and upon request therefor deliver a certificate of disposition to the Company unless the Company instructs the Trustee in writing to return the canceled Securities to the CompanyIssuer. If the Company Issuer or its agent shall acquire any of the SecuritiesSecurities or Coupons, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities or Coupons unless and until the same are delivered to the Trustee or its agent for cancellation.
Appears in 1 contract
Samples: Indenture (Global Crossing LTD)