Cancellation of Surrendered Bonds. The Issuer or the Borrower may at any time surrender to the Trustee for cancellation by the Trustee Bonds which the Issuer or Borrower acquired in any lawful manner whatsoever, and such Bonds, upon such surrender and cancellation, shall be deemed to be paid and retired.
Appears in 2 contracts
Samples: Indenture of Trust, Indenture of Trust
Cancellation of Surrendered Bonds. The Issuer or the Borrower Company may at any time surrender to the Trustee for cancellation by the Trustee it any Bonds previously authenticated and delivered hereunder which the Issuer or Borrower Company acquired in any lawful manner whatsoever, and such Bonds, Bonds upon such surrender and cancellation, shall be deemed to be paid and retired.
Appears in 1 contract
Samples: Indenture of Trust (Enron Corp/Or/)
Cancellation of Surrendered Bonds. The Issuer or the Borrower may at any time surrender to the Trustee for cancellation by the Trustee any Bonds previously authenticated and delivered hereunder which the Issuer or Borrower Xxxxxxxx acquired in any lawful manner whatsoever, and such Bonds, upon such surrender and cancellation, shall be deemed to be paid and retired.retired.β
Appears in 1 contract
Samples: Trust Indenture
