Common use of Cancellation Clause in Contracts

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 193 contracts

Samples: Indenture (Mercedes-Benz Auto Lease Trust 2024-B), Indenture (Mercedes-Benz Auto Lease Trust 2024-B), Indenture (Mercedes-Benz Auto Lease Trust 2024-A)

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Cancellation. All Notes surrendered for payment, registration of transfer, transfer or exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 190 contracts

Samples: Indenture (Nissan Auto Receivables 2024-B Owner Trust), Indenture (Nissan Auto Receivables 2024-B Owner Trust), Indenture (Toyota Auto Receivables 2024-D Owner Trust)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 103 contracts

Samples: Indenture (Harley-Davidson Motorcycle Trust 2024-B), Indenture (Harley-Davidson Motorcycle Trust 2024-B), Indenture (Harley-Davidson Motorcycle Trust 2024-A)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 101 contracts

Samples: Indenture (BMW Vehicle Owner Trust 2024-A), Indenture Agreement (BMW Vehicle Owner Trust 2024-A), Indenture (BMW Vehicle Owner Trust 2023-A)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order Request that they be destroyed or returned to it; provided, however, that such Issuer Order Request is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 89 contracts

Samples: Indenture (Phoenix Residential Securities, LLC), Indenture (Phoenix Residential Securities, LLC), Indenture (Wachovia Asset Securitization Inc 2002 He2 Trust)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption in whole pursuant to Section 10.1(a) or Section 10.2(b) shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this SectionSection 2.9, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 87 contracts

Samples: Indenture (Carmax Auto Funding LLC), Indenture (CarMax Auto Owner Trust 2024-4), Indenture (Carmax Auto Funding LLC)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, whatsoever and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time time, unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that it and so long as such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 81 contracts

Samples: Indenture (SLM Funding LLC), Indenture (SLM Student Loan Trust 2008-9), Indenture (SLM Student Loan Trust 2007-3)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange exchange, or redemption shall, if surrendered to any Person person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which under this Indenture that the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu instead of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless before their disposal the Issuer shall direct directs by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 69 contracts

Samples: Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G), Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E), Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer Issuing Entity may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer Issuing Entity may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer Issuing Entity shall direct by an Issuer Issuing Entity Order that they be destroyed or returned to it; provided, that such Issuer Issuing Entity Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 63 contracts

Samples: Indenture (World Omni Auto Receivables Trust 2020-C), Indenture (World Omni Auto Receivables Trust 2020-C), Indenture (World Omni Auto Receivables Trust 2019-C)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order Request that they be destroyed or returned to it; providedprovided however, that such Issuer Order Request is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 47 contracts

Samples: Indenture (RFMSII Series 2006-Hsa2 Trust), Indenture (Home Equity Loan Trust 2006-Hsa4), Indenture (Home Equity Loan Trust 2006-Hsa3)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 47 contracts

Samples: Indenture (General Motors Financial Company, Inc.), Indenture (Chrysler Financial Auto Securitization Trust 2010-A), Indenture (World Omni Auto Receivables Trust 2005-B)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 44 contracts

Samples: Indenture (Cit Funding Co, LLC), Indenture (Onyx Acceptance Owner Trust 2005-A), Indenture (Asset Backed Securities Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer Issuing Entity may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer Issuing Entity may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer Issuing Entity shall direct by an Issuer Issuing Entity Order that they be destroyed or returned to it; provided, that such Issuer Issuing Entity Order is timely and the Notes have not been previously disposed of by the Indenture Trustee. The Indenture Trustee shall issue a certificate of destruction to the Issuing Entity for all cancelled Notes that have been disposed of.

Appears in 36 contracts

Samples: Indenture (World Omni Auto Receivables Trust 2024-C), Indenture (World Omni Auto Receivables Trust 2024-C), Indenture (World Omni Select Auto Trust 2024-A)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 2.9, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; , provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 33 contracts

Samples: Indenture (Mmca Auto Owner Trust 2002-4), Indenture (Mmca Auto Receivables Trust), Indenture (Mmca Auto Receivables Trust)

Cancellation. All Notes surrendered for payment, registration of transfer, transfer or exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 2.9, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that it and so long as such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 31 contracts

Samples: Indenture (USAA Auto Owner Trust 2007-2), Indenture (GS Auto Loan Trust 2005-1), Indenture (USAA Auto Owner Trust 2008-1)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer Issuing Entity may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer Issuing Entity may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, Section except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer Issuing Entity shall direct by an Issuer Issuing Entity Order that they be destroyed or returned to it; provided, that such Issuer Issuing Entity Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 31 contracts

Samples: Indenture (CNH Equipment Trust 2024-C), Indenture (CNH Equipment Trust 2024-C), Indenture (CNH Equipment Trust 2024-B)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order Request that they be destroyed or returned to it; providedprovided however, that such Issuer Order Request is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 30 contracts

Samples: Indenture (Credit Suisse First Boston Mortgage Securities Corp), Indenture (Home Equity Mortgage Trust 2006-2), Indenture (National City Mortgage Capital LLC)

Cancellation. All Notes Bonds surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes Bonds previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes Bonds so delivered shall be promptly cancelled by the Indenture Trustee. No Notes Bonds shall be authenticated in lieu of or in exchange for any Notes Bonds cancelled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled Notes Bonds may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order Request that they be destroyed or returned to it; provided, however, that such Issuer Order Request is timely and the Notes Bonds have not been previously disposed of by the Indenture Trustee.

Appears in 25 contracts

Samples: Indenture (IMPAC CMB Trust Series 2005-5), Indenture (Impac CMB Trust Series 2005-8), Indenture (Imh Assets Corp., Collateralized Asset-Backed Bonds, Series 2005-7)

Cancellation. All Notes Bonds surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes Bonds previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes Bonds so delivered shall be promptly cancelled by the Indenture Trustee. No Notes Bonds shall be authenticated in lieu of or in exchange for any Notes Bonds cancelled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled Notes Bonds may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order Request that they be destroyed or returned to it; providedPROVIDED, HOWEVER, that such Issuer Order Request is timely and the Notes Bonds have not been previously disposed of by the Indenture Trustee.

Appears in 24 contracts

Samples: Indenture (Impac CMP Trust Series 2004-5), Indenture (Imh Assets Corp Impac CMB Trust Series 2004-7), Indenture (Collateralized Asset-Backed Bonds Series 2002-3)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time time, unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that it and so long as such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 23 contracts

Samples: Indenture (Keycorp Student Loan Trust 2000-A), Indenture (Keycorp Student Loan Trust 2000-B), Indenture (Keycorp Student Loan Trust 2002-A)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 21 contracts

Samples: Indenture (Household Mortgage Loan Trust 2003-Hc1), Indenture (Chec Funding LLC), Indenture (Household Mortgage Loan Trust 2002 Hc1)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee at the applicable Corporate Trust Office and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, Section except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 20 contracts

Samples: Indenture (GE TF Trust), Indenture (GE TF Trust), Indenture (GE TF Trust)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 2.9, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that it and so long as such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 20 contracts

Samples: Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two L P), Indenture (Ford Credit Auto Receivables Two LLC)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order Request that they be destroyed or returned to it; providedPROVIDED, HOWEVER, that such Issuer Order Request is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 19 contracts

Samples: Indenture (Citigroup Mortgage Loan Trust Inc), Indenture (New Century Mortgage Securities Inc), Indenture (New Century Home Equity Loan Trust 2004-2)

Cancellation. All Notes surrendered for payment, registration of transfer, transfer or exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time time, unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that it and so long as such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 19 contracts

Samples: Indenture, Indenture, Indenture

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, Section except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 17 contracts

Samples: Indenture (Cef Equipment Holding LLC), Indenture (Case Receivables Ii Inc), Indenture (Case Receivables Ii Inc)

Cancellation. All Subject to Section 2.7(d), all Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Subject to Section 2.7(d), the Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Subject to Section 2.7(d), all canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 17 contracts

Samples: Indenture (Franklin Receivables Auto Trust 2003-1), Indenture (Franklin Auto Trust 2004-2), Indenture (Franklin Auto Trust 2003-2)

Cancellation. All Subject to Section 2.07(d), all Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Subject to Section 2.07(d), the Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All Subject to Section 2.07(d), all cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 17 contracts

Samples: Indenture (WFS Financial Auto Loans Inc), Indenture (WFS Receivables Corp), Indenture (WFS Receivables Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee. The Registrar and Paying Agent shall forward to the Trustee any Notes surrendered to them for registration of transfer, exchange or payment.

Appears in 15 contracts

Samples: Base Indenture (Oportun Financial Corp), Base Indenture (Oportun Financial Corp), Base Indenture (Oportun Financial Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall promptly be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall promptly be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this SectionSection 2.07, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, however, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 14 contracts

Samples: Mortgage Loan Trust Indenture (Hsi Asset Securitization Corp), Indenture (Painewebber Mort Acce Corp Iv Fremont Home Ln Own Tr 1999-1), Indenture (Life Financial Home Loan Owner Trust 1997-3)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 14 contracts

Samples: Indenture (WFS Financial 2005-2 Owner Trust), Indenture (WFS Receivables Corp 3), Indenture (WFS Receivables Corp 3)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time time, unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 13 contracts

Samples: Indenture (Imc Home Equity Loan Owner Trust 1998-7), Indenture (Imc Home Equity Loan Owner Trust 1998-7), Indenture (First Alliance Mortgage Loan Trust 1998-1a)

Cancellation. All Notes surrendered for payment, ------------ registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, whatsoever and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time time, unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that it and so long as such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 12 contracts

Samples: Indenture (SLM Funding Corp), Indenture (SLM Funding Corp), Indenture (SLM Funding Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, transfer or exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time shall deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 12 contracts

Samples: Indenture (Sast 2006-3), Indenture (Saxon Asset Securities Trust 2005-1), Indenture (Greenwich Capital Acceptance Thornburg Sec Tr 2003-4)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption in whole pursuant to Section 10.01 shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 11 contracts

Samples: Indenture (WDS Receivables LLC), Indenture (Wachovia Auto Loan Owner Trust 2007-1), Indenture (Wachovia Auto Owner Trust 2008-A)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee Trustee, and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and the Indenture Trustee shall promptly cancel all Notes so delivered shall be promptly cancelled by the Indenture Trusteedelivered. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time of cancellation thereof, unless the Issuer shall direct directs by an Issuer Order Request that they the same be destroyed or returned to it; provided, that such Issuer Order is Request shall be timely and the such Notes have not been previously disposed of by the Indenture Trustee.

Appears in 10 contracts

Samples: Indenture (Irwin Whole Loan Home Equity Trust 2005-A), Indenture (Bear Stearns Asset Backed Securities Inc), Indenture (Bear Stearns Asset Backed Securities Inc)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture TrusteeAdministrator, be delivered to the Indenture Trustee Administrator and shall be promptly cancelled by the Indenture TrusteeAdministrator. The Issuer may at any time deliver to the Indenture Trustee Administrator for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, whatsoever and all Notes so delivered shall be promptly cancelled by the Indenture TrusteeAdministrator. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee Administrator in accordance with its standard retention or disposal policy as in effect at the time time, unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that it and so long as such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture TrusteeAdministrator.

Appears in 10 contracts

Samples: Indenture (SLC Student Loan Receivables I Inc), Indenture (SLC Student Loan Trust 2007-2), Indenture (SLC Student Loan Trust 2007-1)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer Issuing Entity may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer Issuing Entity may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer Issuing Entity shall direct by an Issuer Order Request that they be destroyed or returned to it; providedprovided however, that such Issuer Order Request is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 10 contracts

Samples: Indenture (Shellpoint Mortgage Acceptance LLC), Indenture (Opteum Mortgage Acceptance CORP), Indenture (Impac Secured Assets Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the that such Notes have not been previously disposed of by the Indenture Trustee.

Appears in 10 contracts

Samples: Indenture Agreement (Financial Services Vehicle Trust), Indenture (Financial Services Vehicle Trust), Indenture (Financial Services Vehicle Trust)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 10 contracts

Samples: Indenture (Volkswagen Public Auto Loan Securitization LLC), Indenture (M&i Dealer Auto Securitization LLC), Indenture (Ace Securities Corp Rv & Marine Trust 2001-Rv1)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee Note Registrar for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee Note Registrar in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 9 contracts

Samples: Indenture (Homebanc Corp), Indenture (Fieldstone Mortgage Investment CORP), Indenture (Fieldstone Mortgage Investment CORP)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall promptly be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall promptly be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this SectionSection 2.07, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, however, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 9 contracts

Samples: Indenture (Capitalsource Inc), Indenture (Capitalsource Inc), Indenture (H&r Block Inc)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 2.08, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 9 contracts

Samples: Indenture (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2007-H1), Indenture (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H4), Indenture (Greenpoint Mortgage Funding Trust 2005-He4)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order Request that they be destroyed or returned to it; provided, that such Issuer Order Request is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 8 contracts

Samples: Indenture (J P Morgan Acceptance Corp I), Indenture (J P Morgan Acceptance Corp I), Indenture (Chase Manhattan Acceptance Corp /De/)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture TrusteeTrust Administrator, be delivered to the Indenture Trustee Trust Administrator and shall be promptly cancelled by the Indenture TrusteeTrust Administrator. The Issuer may at any time deliver to the Indenture Trustee Note Registrar for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture TrusteeTrust Administrator. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee Note Registrar in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture TrusteeTrust Administrator.

Appears in 7 contracts

Samples: Indenture (Fieldstone Mortgage Investment CORP), Indenture (Indymac Abs Inc), Indenture (CWHEQ, Inc.)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, shall be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 2.9, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee. The Indenture Trustee shall provide notice to each Rating Agency of all cancelled Notes.

Appears in 6 contracts

Samples: Indenture (Diversified Energy Co PLC), Indenture (Diversified Energy Co PLC), Indenture (Diversified Energy Co PLC)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer Issuing Entity may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer Issuing Entity may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer Issuing Entity shall direct by an Issuer Issuing Entity Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 6 contracts

Samples: Indenture (John Deere Owner Trust 2015-B), Indenture (John Deere Owner Trust 2015), Indenture (John Deere Owner Trust 2014)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, whatsoever and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time time, unless the Issuer shall direct by an Issuer Order that they the canceled Notes be destroyed or returned to it; provided, that it and so long as such Issuer Order is timely and the canceled Notes have not been previously disposed of by the Indenture Trustee.

Appears in 5 contracts

Samples: Indenture (SLM Funding LLC), Indenture (SLM Funding LLC), Indenture (Navient Funding, LLC)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee at the Corporate Trust Office and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, Section except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 5 contracts

Samples: Indenture (GE Equipment Midticket LLC, Series 2011-1), Indenture (GE Equipment Midticket LLC, Series 2011-1), Indenture (GE Equipment Midticket LLC, Series 2012-1)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that it and such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 5 contracts

Samples: Indenture (Nal Financial Group Inc), Indenture (Nal Financial Group Inc), Indenture (Nal Financial Group Inc)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee. The Transfer Agent and Registrar and Paying Agent shall forward to the Trustee any Notes surrendered to them for registration of transfer, exchange or payment.

Appears in 5 contracts

Samples: Base Indenture (Conns Inc), Base Indenture (Conns Inc), Base Indenture (Conns Inc)

Cancellation. All Notes surrendered for payment, redemption, registration of transfer, transfer or exchange or redemption for credit against any sinking fund payment shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and Trustee. All Notes so delivered shall be promptly cancelled by the Indenture Trustee. The Issuer Issuers may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer Issuers may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Notes previously authenticated hereunder which the Issuers have not issued and sold, and all Notes so delivered to the Trustee shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Supplemental Indenture. All cancelled Notes may held by the Trustee shall be held or disposed of in a manner selected by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct otherwise directed by an Issuer Order that they be destroyed or returned to itIssuers’ Order; provided, however, that the Trustee may, but shall not be required to, destroy such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trusteecancelled Notes.

Appears in 5 contracts

Samples: Third Supplemental Indenture (Suburban Propane Partners Lp), Second Supplemental Indenture (Suburban Propane Partners Lp), First Supplemental Indenture (Suburban Propane Partners Lp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No The Transfer Agent and Registrar shall forward to the Indenture Trustee any Notes surrendered to them for registration of transfer, exchange or payment. The Indenture Trustee shall cancel all Notes surrendered for registration of transfer, exchange, payment, replacement or cancellation and the principal of and all accrued interest on all such cancelled Notes shall be authenticated deemed to have been paid in lieu full (and such payment of principal and interest shall be deemed to have been made to the relevant Noteholders) and such cancelled Notes shall be deemed no longer to be outstanding for all purposes hereunder. The Issuer may not issue new Notes to replace Notes that it has redeemed or in exchange paid or that have been delivered to the Indenture Trustee for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenturecancellation. All cancelled Notes may be held or disposed of by the Indenture Trustee shall be disposed of in accordance with its the Indenture Trustee’s standard retention or disposal policy as in effect at the time disposition procedures unless the Issuer shall direct by that cancelled Notes be returned to it pursuant to an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture TrusteeOrder.

Appears in 5 contracts

Samples: Base Indenture (Enova International, Inc.), Base Indenture Amendment (On Deck Capital, Inc.), Base Indenture (On Deck Capital, Inc.)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order Request that they be destroyed or returned to it; provided, however, that such Issuer Order Request is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 5 contracts

Samples: Indenture (Pacificamerica Money Center Inc), Indenture (Merrill Lynch Mortgage Investors Inc), Indenture (Merrill Lynch Mortgage Investors Inc)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture TrusteeTrustee and shall no longer be considered Outstanding for any purpose hereunder. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any lawful manner whatsoever, and all . All Notes so delivered by the Issuer or any other Person for cancellation shall be promptly cancelled by the Indenture TrusteeTrustee and such cancellation shall be recorded in the Note Register. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee shall be destroyed or retained in accordance with its standard document retention or disposal policy as in effect at the such time unless the Issuer shall direct by an Issuer Order prior to destruction that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture TrusteeIssuer.

Appears in 5 contracts

Samples: Omnibus Amendment (Conns Inc), Omnibus Amendment (Conns Inc), Indenture (Conns Inc)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture TrusteeNote Registrar, be delivered to the Indenture Trustee Note Registrar and shall be promptly cancelled by the Indenture TrusteeNote Registrar. The Issuer may at any time deliver to the Indenture Trustee Note Registrar for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 2.09, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee Note Registrar in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture TrusteeNote Registrar.

Appears in 4 contracts

Samples: Indenture (Goldman Sachs Asset Backed Securities Corp), Indenture (Morgan Stanley Auto Loan Trust 2003-Hb1), Indenture (Morgan Stanley Auto Loan Trust 2004-Hb2)

Cancellation. All Subject to Section 2.08(c), all Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Subject to Section 2.08(c), the Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All Subject to Section 2.08(c), all cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 4 contracts

Samples: Indenture Agreement (First Merchants Acceptance Corp), Indenture (First Merchants Acceptance Corp), Indenture (First Merchants Acceptance Corp)

Cancellation. All Notes surrendered for payment, redemption, registration of transfer, transfer or exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture TrusteeTrustee in accordance with its customary procedures. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Notes previously authenticated hereunder which the Issuer has not issued and sold, and all Notes so delivered shall be promptly cancelled by the Indenture TrusteeTrustee in accordance with its customary procedures. If the Issuer shall so 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 surrendered to the Trustee for cancellation. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may held by the Trustee shall be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trusteecustomary procedures.

Appears in 4 contracts

Samples: Indenture (Academy Sports & Outdoors, Inc.), Indenture (International Seaways, Inc.), Indenture (Engility Holdings, Inc.)

Cancellation. All Notes surrendered for payment, registration of transfer, transfer or exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time time, unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that it and so long as such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 4 contracts

Samples: Master Indenture (Crestar Securitization LLC), Indenture (Crestar Bank /Va), Indenture (Crestar Bank /Va)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 4 contracts

Samples: Indenture (Cit Funding Co, LLC), Indenture (CIT Equipment Collateral 2008-Vt1), Indenture (Cit Equipment Collateral 2006-Vt2)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer Issuing Entity may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer Issuing Entity may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer Issuing Entity shall direct by an Issuer Issuing Entity Order that they be destroyed or returned to it; provided, that such Issuer Issuing Entity Order is timely and the that such Notes have not been previously disposed of by the Indenture Trustee. The Indenture Trustee shall issue a certificate of destruction to the Issuing Entity for all cancelled Notes that have been disposed of.

Appears in 4 contracts

Samples: Indenture (World Omni LT), Indenture (World Omni LT), Indenture (World Omni Auto Leasing LLC)

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Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order Request that they be destroyed or returned to it; provided, provided that such Issuer Order Request is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 4 contracts

Samples: Indenture (Household Consumer Loan Trust 1997-1), Indenture (Household Consumer Loan Trust 1997-1), Indenture (Household Consumer Loan Trust 1997-2)

Cancellation. All Notes surrendered for payment, redemption, registration of transfer, transfer or exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture TrusteeTrustee in accordance with its customary procedures. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Notes previously authenticated hereunder which the Issuer has not issued and sold, and all Notes so delivered shall be promptly cancelled by the Indenture TrusteeTrustee in accordance with its customary procedures. If the Issuer shall so acquire any of the Notes, however, such acquisition shall not operate as a satisfaction of the indebtedness represented by such Notes unless and until the same are surrendered to the Trustee for cancellation. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may held by the Trustee shall be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trusteecustomary procedures.

Appears in 4 contracts

Samples: Indenture (Entegris Inc), Indenture (On Semiconductor Corp), Indenture (Entegris Inc)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer Issuing Entity may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer Issuing Entity may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer Issuing Entity shall direct by an Issuer Order Issuing Entity Request that they be destroyed or returned to it; provided, however, that such Issuer Order Issuing Entity Request is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 4 contracts

Samples: Indenture (New Century Home Equity Loan Trust 2006-2), Indenture (New Century Home Equity Loan Trust 2006-1), Indenture (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2006-A)

Cancellation. All Notes surrendered for payment, ------------ registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time shall deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 4 contracts

Samples: Indenture (Firstplus Investment Corp), Indenture (Firstplus Investment Corp), Indenture (Firstplus Investment Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, PROVIDED that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 4 contracts

Samples: Indenture (Ace Securities Corp), Indenture (Mellon Auto Receivables Corp), Indenture (Money Store Commercial Mortgage Inc)

Cancellation. All Notes Bonds surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes Bonds previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes Bonds so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes Bonds shall be authenticated in lieu of or in exchange for any Notes cancelled Bonds canceled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled Notes canceled Bonds may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order Request that they be destroyed or returned to it; provided, however, that such Issuer Order Request is timely and the Notes Bonds have not been previously disposed of by the Indenture Trustee.

Appears in 4 contracts

Samples: Indenture (Novastar Mortgage Funding Corp), Indenture (Novastar Mortgage Funding Corp), Indenture (Novastar Mortgage Funding Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture TrusteeSecurities Administrator, be delivered to the Indenture Trustee Securities Administrator and shall be promptly cancelled by the Indenture TrusteeSecurities Administrator. The Issuer Issuing Entity may at any time deliver to the Indenture Trustee Securities Administrator for cancellation any Notes previously authenticated and delivered hereunder which the Issuer Issuing Entity may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture TrusteeSecurities Administrator. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee Securities Administrator in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer Issuing Entity shall direct by an Issuer Order Request that they be destroyed or returned to it; provided, however, that such Issuer Order Request is timely and the Notes have not been previously disposed of by the Indenture TrusteeSecurities Administrator.

Appears in 3 contracts

Samples: Supplemental Indenture (Bear Stearns ARM Trust 2007-2), Indenture (Bear Stearns ARM Trust 2006-1), Indenture (Bear Stearns ARM Trust 2006-1)

Cancellation. All Senior Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Senior Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and all Senior Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Senior Notes shall be authenticated in lieu of or in exchange for any Senior Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Senior Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the that such Senior Notes have not been previously disposed of by the Indenture Trustee.

Appears in 3 contracts

Samples: Indenture (Ryder Truck Rental I Lp), Indenture (Ryder Truck Rental I Lp), Indenture (BMW Vehicle Lease Trust 2000-A)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed disposed of or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 3 contracts

Samples: Indenture (Regions Auto Receivables Trust 2003-1), Indenture (Regions Auto Receivables Trust 2002-1), Indenture (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2)

Cancellation. All Notes Securities surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes Securities previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes Securities so delivered shall be promptly cancelled by the Indenture Trustee. No Notes Securities shall be authenticated in lieu of or in exchange for any Notes Securities cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes Securities may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes Securities have not been previously disposed of by the Indenture Trustee. The Registrar and Paying Agent shall forward to the Indenture Trustee any Securities surrendered to them for registration of transfer, exchange or payment.

Appears in 3 contracts

Samples: Indenture (Oportun Financial Corp), Indenture (Oportun Financial Corp), Indenture (Oportun Financial Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee. The Registrar and Paying Agent shall forward to the Trustee any Notes surrendered to them for registration of transfer, exchange or payment.

Appears in 3 contracts

Samples: Base Indenture (CHS Inc), Base Indenture (CHS Inc), Base Indenture (A I Receivables Transfer Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture TrusteeTrustee and shall no longer be considered Outstanding for any purpose hereunder. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any lawful manner whatsoever, and all . All Notes so delivered by the Issuer or any other Person for cancellation shall be promptly cancelled canceled by the Indenture TrusteeTrustee and such cancellation shall be recorded in the Note Registrar. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee shall be destroyed or retained in accordance with its standard document retention or disposal policy as in effect at the such time unless the Issuer shall direct by an Issuer Order prior to destruction that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture TrusteeIssuer.

Appears in 3 contracts

Samples: Indenture (OneMain Financial Holdings, Inc.), Indenture (OneMain Financial Holdings, Inc.), Indenture (OneMain Financial Holdings, Inc.)

Cancellation. All Notes surrendered for payment, ------------ registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order Request that they be destroyed or returned to it; provided, that such Issuer Order Request is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 3 contracts

Samples: Indenture (Indymac Abs Inc), Indenture (Merrill Lynch Mortgage Investors Inc), Indenture (Provident Bank)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer Issuing Entity may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer Issuing Entity may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this SectionSection 4.05, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer Issuing Entity shall direct by an Issuer Order Issuing Entity Request that they be destroyed or returned to it; providedprovided however, that such Issuer Order Issuing Entity Request is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 3 contracts

Samples: Indenture (Deutsche Mortgage Securities Inc), Indenture (Deutsche Alt-a Securities Inc), Indenture (Nomura Home Equity Loan, Inc.)

Cancellation. All Notes surrendered for payment, ------------ registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 3 contracts

Samples: Indenture (Deutsche Recreational Asset Funding Corp), Indenture (Pooled Auto Securities Shelf LLC), Indenture (Deutsche Recreational Asset Funding Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an a Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the that such Notes have not been previously disposed of by the Indenture Trustee.

Appears in 3 contracts

Samples: Indenture (Nissan Auto Leasing LLC Ii), Indenture (Nissan Auto Lease Trust 2004-A), Indenture (Nissan Auto Lease Trust 2003-A)

Cancellation. All Notes surrendered for payment, repurchase, registration of transfer, transfer or exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trusteeit. The Issuer Issuers may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer Issuers may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Notes previously authenticated hereunder which the Issuers have not issued and sold, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. If the Issuers shall so 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 surrendered to the Trustee for cancellation. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may held by the Trustee shall be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trusteecustomary procedures.

Appears in 3 contracts

Samples: Indenture (Clearwire Corp /DE), Note Purchase Agreement (Clearwire Corp /DE), Note Purchase Agreement (Sprint Nextel Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, Section except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time time, unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, (provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee) returned to it.

Appears in 3 contracts

Samples: Indenture (Goldman Sachs Asset Backed Securities Corp), Indenture (Gs Mortgage Securities Corp), Indenture (Gs Mortgage Securities Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, Section except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; providedPROVIDED, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 2 contracts

Samples: Indenture (CNH Capital Receivables Inc), Indenture (CNH Receivables Inc)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, PROVIDED that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 2 contracts

Samples: Indenture (Caterpillar Financial Funding Corp), Indenture (Caterpillar Financial Funding Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 2.9, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee. The Indenture Trustee shall provide notice to each Rating Agency of all cancelled Notes.

Appears in 2 contracts

Samples: Indenture (Diversified Energy Co PLC), Indenture (Diversified Energy Co PLC)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 2.07, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 2 contracts

Samples: Indenture (Residential Asset Funding Corp), Indenture (Home Equity Securitization Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall shall, following its receipt thereof, be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall shall, following its receipt thereof, be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 2 contracts

Samples: Indenture (Metlife Capital Equipment Loan Trusts), Indenture (Metlife Capital Equipment Loan Trusts)

Cancellation. All Subject to Section 2.6(d), all Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Subject to Section 2.6(d), the Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Subject to Section 2.6(d), all canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 2 contracts

Samples: Indenture (Sequoia HELOC Trust 2004-1), Indenture (Greenpoint Mortgage Securities Inc/)

Cancellation. All Notes surrendered for payment, redemption, registration of transfer, transfer or exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee to, and shall be promptly cancelled by by, the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Notes previously authenticated hereunder which the Issuer has not issued and sold, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. If the Issuer shall so 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 surrendered to the Trustee for cancellation. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may held by the Trustee shall be held or disposed of by the Indenture Trustee in accordance with its standard retention or customary procedures and certification of their disposal policy as in effect at delivered to the time Issuer unless by Issuer Order the Issuer shall direct by an Issuer Order that they cancelled Notes be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trusteeit after being appropriately designated as cancelled.

Appears in 2 contracts

Samples: Indenture (Primus Telecommunications Group Inc), Indenture (Primus Telecommunications Group Inc)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer Issuing Entity may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer Issuing Entity may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection 4.06, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer Issuing Entity shall direct by an Issuer Order Issuing Entity Request that they be destroyed or returned to it; provided, however, that such Issuer Order Issuing Entity Request is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 2 contracts

Samples: Indenture (GSC Capital Corp. Mortgage Trust 2006-1), Indenture (Merrill Lynch Mortgage Investors Inc)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the that such Notes have not been previously disposed of by the Indenture Trustee.

Appears in 2 contracts

Samples: Indenture (Vw Credit Leasing LTD), Indenture (Volkswagen Public Auto Loan Securitization LLC)

Cancellation. All Subject to Section 2.07(d), all Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Subject to Section 2.07(d), the Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this SectionSection , except as expressly permitted by this Indenture. All Subject to Section 2.07(d), all cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 2 contracts

Samples: Indenture (WFS Financial 1997-a Owners Trust), Indenture (WFS Financial 1996-D Owner Trust)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 2 contracts

Samples: Indenture (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A), Indenture (Wells Fargo Financial Auto Owner Trust 2005-A)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall promptly be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall promptly be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, however, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 2 contracts

Samples: Indenture (Ace Securities Corp Home Loan Trust 1999 a Asset Backed Note), Indenture (Aegis Asset Backed Securities Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee Trustee, and shall be promptly cancelled by the Indenture Trustee. The Issuer Issuing Entity may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer Issuing Entity may have acquired in any manner whatsoever, and the Indenture Trustee shall promptly cancel all Notes so delivered shall be promptly cancelled by the Indenture Trusteedelivered. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time of cancellation thereof, unless the Issuer shall direct Issuing Entity directs by an Issuer Order Issuing Entity Request that they the same be destroyed or returned to it; provided, that such Issuer Order is Issuing Entity Request shall be timely and the such Notes have not been previously disposed of by the Indenture Trustee.

Appears in 2 contracts

Samples: Indenture (Bear Stearns Asset Backed Securities I LLC), Indenture (Bear Stearns Asset Backed Securities I LLC)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall promptly be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall promptly be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this SectionSECTION 2.07, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, however, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 2 contracts

Samples: Indenture (Painewebber Mortgage Acceptance Corporation Iv), Indenture (Painewebber Mort Accept Corp Iv Empire Funding 1999-1)

Cancellation. All Subject to Section 2.7(d), all Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Subject to Section 2.7(d), the Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Subject to Section 2.7(d), all canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, PROVIDED that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 2 contracts

Samples: Indenture (TMS Auto Holdings Inc), Indenture (TMS Auto Holdings Inc)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee at the applicable Corporate Trust Office and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, Section except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer 700148678 06142559 shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.

Appears in 2 contracts

Samples: Indenture (GE Equipment Transportation LLC, Series 2011-1), Indenture (GE Equipment Transportation LLC, Series 2011-1)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.. 9 (2018-A Indenture)

Appears in 2 contracts

Samples: Indenture (Hyundai Abs Funding LLC), Indenture (Hyundai Auto Receivables Trust 2018-A)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which that the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.. 8 (2017-A Indenture)

Appears in 2 contracts

Samples: Indenture (Hyundai Abs Funding LLC), Indenture (Hyundai Auto Receivables Trust 2017-A)

Cancellation. All Subject to Section 2.9(d), all Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Subject to Section 2.9(d), the Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Subject to Section 2.9(d), all canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall timely direct by an Issuer Order that they such Notes be destroyed or returned to it; provided, provided that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture TrusteeTrustee prior to its receipt of such Issuer Order.

Appears in 2 contracts

Samples: Indenture (Long Beach Acceptance Corp), Indenture (Long Beach Acceptance Corp)

Cancellation. All Notes surrendered for payment, registration of transfer, exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee Note Registrar and shall be promptly cancelled by the Indenture TrusteeNote Registrar. The Issuer may at any time deliver to the Indenture Trustee Note Registrar for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled by the Indenture TrusteeNote Registrar. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Notes may be held or disposed of by the Indenture Trustee Note Registrar in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture TrusteeNote Registrar.

Appears in 2 contracts

Samples: Indenture (First NLC Trust 2005-1), Indenture (First NLC Trust 2005-3 Mortgate-Backed Notes, Series 2005-3)

Cancellation. All Notes surrendered for payment, registration of transfer, transfer or exchange or redemption shall, if surrendered to any Person other than the Indenture Trustee, be delivered to the Indenture Trustee and shall be promptly cancelled canceled by the Indenture Trustee. The Issuer may at any time deliver to the Indenture Trustee for cancellation any Notes previously authenticated and delivered hereunder which the Issuer may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly cancelled canceled by the Indenture Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes cancelled canceled as provided in this Section, except as expressly permitted by this Indenture. All cancelled canceled Notes may be held or disposed of by the Indenture Trustee in accordance with its standard retention or disposal policy as in effect at the time unless the Issuer shall direct by an Issuer Order that they be destroyed or returned to it; provided, that such Issuer Order is timely and the Notes have not been previously disposed of by the Indenture Trustee.. 7 (NAROT 2019-C Indenture)

Appears in 2 contracts

Samples: Indenture (Nissan Auto Receivables 2019-C Owner Trust), Indenture (Nissan Auto Receivables 2019-C Owner Trust)

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