Common use of Debentures Redeemed in Part Clause in Contracts

Debentures Redeemed in Part. Any Registered Debenture of any series which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and make available for delivery to the Holder of such Debenture without service charge, a new Registered Debenture or Debentures of such series and of like tenor of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Debenture of such series so surrendered.

Appears in 5 contracts

Samples: Sun Healthcare Group Inc, K N Capital Trust Iii, Calenergy Capital Trust Vi

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Debentures Redeemed in Part. Any Registered Debenture of any series which that is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, with due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and make available for delivery to the Holder of such Debenture without service charge, a new Registered Debenture or Debentures of such series and of like tenor of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Debenture of such series so surrendered.

Appears in 1 contract

Samples: Indenture (Federal Mogul Corp)

Debentures Redeemed in Part. Any Registered Debenture of any series which is to be redeemed only in part shall be surrendered at a Place of Payment therefor for Debentures of such series (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), ) and the Company shall execute, execute and the Trustee shall authenticate and make available for delivery deliver to the Holder of such Debenture without service charge, a new Registered Debenture or Debentures of such series and of like tenor the same series, of any authorized denomination as requested by such Holder, Holder in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Debenture of such series so surrendered.

Appears in 1 contract

Samples: Trust Indenture Agreement (SFG Mortgage & Investment Co Inc)

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Debentures Redeemed in Part. Any Registered Debenture of any series (except for a Global Debenture) which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and make available for delivery to the Holder of such Debenture without service charge, a new Registered Debenture or Debentures of such series and of like tenor of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Debenture of such series so surrendered.

Appears in 1 contract

Samples: K N Capital Trust Ii /De/

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