Common use of Cancellation of Surrendered Notes Clause in Contracts

Cancellation of Surrendered Notes. All Notes surrendered for the purpose of payment, redemption, purchase by the Company at the option of the holder, exchange, substitution or registration of transfer, shall, if surrendered to the Company or any Paying Agent or registrar, be delivered to the Trustee and the same, together with Notes surrendered to the Trustee for cancellation, shall be cancelled by the Trustee and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall destroy cancelled Notes and shall deliver certificates of destruction thereof to the Company. 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 to the Trustee for cancellation.

Cancellation of Surrendered Notes. All Notes surrendered for the purpose of payment, redemption, purchase by the Company at the option of the holder, exchange, substitution exchange or registration of transfer, transfer shall, if surrendered to the Company Company, the Authenticating Agent or any Paying Agent or registrarpaying agent, be canceled and delivered to the Trustee and the sameor, together with Notes if surrendered to the Trustee for cancellationTrustee, shall be cancelled by the Trustee it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The 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 and shall deliver certificates of destruction thereof to the CompanyNotes. 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 same are cancelled and delivered to the Trustee or surrender the same surrendered to the Trustee for cancellation.

Cancellation of Surrendered Notes. All Notes --------------------------------- surrendered for the purpose of payment, redemption, purchase by the Company at the option of the holder, exchange, substitution or registration of transfer, shall, if surrendered to the Company or any Paying Agent paying agent or Note registrar, be delivered to the Trustee and the same, together with Notes surrendered to the Trustee for cancellation, shall be cancelled by the Trustee it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall destroy cancelled Notes and shall deliver certificates of destruction thereof to the Company. 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 to the Trustee for cancellation.

Cancellation of Surrendered Notes. All Notes surrendered for the purpose of payment, redemption, redemption or purchase by the Company at the option of the holder, or exchange, substitution or registration of transfer, shall, if surrendered to the Company or any Paying Agent paying agent or Note registrar, be delivered to the Trustee and the same, together with Notes surrendered to the Trustee for cancellation, shall be cancelled by the Trustee it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall destroy cancelled Notes and shall deliver certificates of destruction thereof to the Company. 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 to the Trustee for cancellation.