Common use of Cancellation of Surrendered Notes Clause in Contracts

Cancellation of Surrendered Notes. All Notes surrendered for payment, exchange or registration of transfer shall, if surrendered to the Company, the Authenticating Agent or any paying agent, be canceled and delivered to the Trustee or, if surrendered to the Trustee, be cancelled by it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. On written request of the Company, the Trustee shall deliver to the Company cancelled Notes held by the Trustee. With the consent of the Company, the Trustee may but shall not be required to destroy cancelled Notes. 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 cancelled and delivered to the Trustee or surrendered to the Trustee for cancellation.

Cancellation of Surrendered Notes. All Notes surrendered for the purpose of payment, exchange redemption or purchase by the Company at the option of the holder, or exchange, substitution or registration of transfer transfer, shall, if surrendered to the Company, the Authenticating Agent Company or any paying agentagent or Note registrar, be canceled and delivered to the Trustee orand the same, if together with Notes surrendered to the TrusteeTrustee for cancellation, shall be cancelled by it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. On written request The Trustee shall destroy cancelled Notes and shall deliver certificates of destruction thereof to the Company, the Trustee shall deliver to the Company cancelled Notes held by the Trustee. With the consent of the Company, the Trustee may but shall not be required to destroy cancelled Notes. If the Company shall purchase or otherwise acquire any of the Notes, however, such purchase or acquisition shall not operate as a payment, redemption or satisfaction of the indebtedness represented by such Notes unless and until the Company, at its option, shall deliver or surrender the same are cancelled and delivered to the Trustee or surrendered to the Trustee for cancellation.

Cancellation of Surrendered Notes. All Notes surrendered for the purpose of payment, exchange redemption, purchase by the Company at the option of the holder, exchange, substitution or registration of transfer transfer, shall, if surrendered to the Company, the Authenticating Company or any Paying Agent or any paying agentregistrar, be canceled and delivered to the Trustee orand the same, if together with Notes surrendered to the TrusteeTrustee for cancellation, shall be cancelled by it, the Trustee and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. On written request The Trustee shall destroy cancelled Notes and shall deliver certificates of destruction thereof to the Company, the Trustee shall deliver to the Company cancelled Notes held by the Trustee. With the consent of the Company, the Trustee may but shall not be required to destroy cancelled Notes. If the Company shall purchase or otherwise acquire any of the Notes, however, such purchase or acquisition shall not operate as a payment, redemption or satisfaction of the indebtedness represented by such Notes unless and until the Company, at its option, shall deliver or surrender the same are cancelled and delivered to the Trustee or surrendered to the Trustee for cancellation.

Cancellation of Surrendered Notes. All Notes --------------------------------- surrendered for the purpose of payment, exchange redemption, purchase by the Company at the option of the holder, exchange, substitution or registration of transfer transfer, shall, if surrendered to the Company, the Authenticating Agent Company or any paying agentagent or Note registrar, be canceled and delivered to the Trustee orand the same, if together with Notes surrendered to the TrusteeTrustee for cancellation, shall be cancelled by it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. On written request The Trustee shall destroy cancelled Notes and shall deliver certificates of destruction thereof to the Company, the Trustee shall deliver to the Company cancelled Notes held by the Trustee. With the consent of the Company, the Trustee may but shall not be required to destroy cancelled Notes. If the Company shall purchase or otherwise acquire any of the Notes, however, such purchase or acquisition shall not operate as a payment, redemption or satisfaction of the indebtedness represented by such Notes unless and until the Company, at its option, shall deliver or surrender the same are cancelled and delivered to the Trustee or surrendered to the Trustee for cancellation.