Common use of Cancellation of Securities; Destruction Thereof Clause in Contracts

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 Issuer, or any agent of the Issuer, or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled by it in accordance with its then 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 shall, subject to the record retention requirements of the Securities Exchange Act of 1934, as amended, dispose of cancelled Securities held by it in accordance with its then customary procedures and upon written request of the Issuer deliver a certificate of disposal to the Issuer. If the 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.

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 Issuer, or any agent of the Issuer, or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled by it in accordance with its then 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 shall, subject to the record retention requirements of the Securities Exchange Act of 1934, as amended, dispose of destroy cancelled Securities held by it in accordance with its then customary procedures and upon written request of the Issuer deliver a certificate of disposal destruction to the Issuer. If the 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.

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 Issuer, Issuer or any agent of the Issuer, 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 cancelled by it in accordance with its then customary procedures(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 shall, subject to the record retention requirements of the Securities Exchange Act of 1934, as amended, shall dispose of cancelled Securities and Coupons held by it in accordance with its then customary procedures and upon written request of the Issuer deliver a certificate of disposal disposition to the Issuer. If the 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.

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 Issuer, Issuer or any agent of the Issuer, Issuer or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled by it in accordance with its then customary proceduresit; 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 shall, subject shall deliver to the record retention requirements of Issuer the Securities Exchange Act cancelled by the Trustee. In the absence of 1934such request, as amended, dispose of cancelled the Trustee shall cancel Securities held by it in accordance with its then customary procedures and upon written request of the Issuer deliver a certificate of disposal destruction to the Issuer. If the 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.

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 Issuer, Issuer or any agent of the Issuer, Issuer or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled by it in accordance with its then customary proceduresit; 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 shall, subject shall deliver to the record retention requirements of Issuer the Securities Exchange Act cancelled by the Trustee. In the absence of 1934such request, as amended, the Trustee shall dispose of cancelled Securities held by it in accordance with its then customary procedures and upon written request of the Issuer deliver a certificate of disposal disposition to the Issuer. If the 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.. 15