Common use of Debt Securities Redeemed in Part Clause in Contracts

Debt Securities Redeemed in Part. Any Debt Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company, the Security Registrar or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company, the Security Registrar 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 deliver to the Holder of such Debt Security without service charge, a new Debt Security or Debt Securities (having a Guarantee duly endorsed thereon) of the same series and Stated Maturity, 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 Debt Security so surrendered. If a Debt Security in global form is so surrendered, the Company shall execute, and the Trustee shall authenticate and deliver to the depository for such global Debt Security, without service charge, a new Debt Security in global form in a denomination equal to and in exchange for the unredeemed portion of the principal of the global Debt Security so surrendered.

Appears in 2 contracts

Samples: Indenture (Countrywide Home Loans Inc), Indenture (Countrywide Home Loans Inc)

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Debt Securities Redeemed in Part. Any Debt Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company, the Security Registrar or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company, the Security Registrar 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 deliver to the Holder of such Debt Security without service charge, a new Debt Security or Debt Securities (having a Guarantee duly endorsed thereon) of the same series and Stated Maturityseries, of in any authorized denomination as requested by such Holder Holder, in an aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Debt Security so surrendered. If , except that if a Debt Global Security in global form is so surrendered, the Company shall execute, and the Trustee shall authenticate and deliver to the depository Depositary for such global Debt Global Security, without service charge, a new Debt Global Security in global form or Securities in a denomination equal to and in exchange for the unredeemed portion of the principal of the global Debt Global Security so surrendered.

Appears in 1 contract

Samples: Indenture (Limited Brands Inc)

Debt Securities Redeemed in Part. Any Debt Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor therefore (with, if the Company, the Security Registrar or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company, the Security Registrar 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 deliver to the Holder of such Debt Security without service charge, a new Debt Security or Debt Securities (having a Guarantee duly endorsed thereon) of the same series and Stated Maturityseries, of in any authorized denomination as requested by such Holder Holder, in an aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Debt Security so surrendered. If , except that if a Debt Global Security in global form is so surrendered, the Company shall execute, and the Trustee shall authenticate and deliver to the depository Depositary for such global Debt Global Security, without service charge, a new Debt Global Security in global form or Securities in a denomination equal to and in exchange for the unredeemed portion of the principal of the global Debt Global Security so surrendered.

Appears in 1 contract

Samples: Indenture (Limited Brands Inc)

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Debt Securities Redeemed in Part. Any Debt Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company, the Security Registrar or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company, the Security Registrar 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 deliver to the Holder of such Debt Security without service charge, a new Debt Security or Debt Securities (having a Guarantee duly endorsed thereon) of the same series and Stated Maturity, 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 Debt Security so surrendered. If , except that if a Debt Global Security in global form is so surrendered, the Company shall execute, and the Trustee shall authenticate and deliver to the depository Depositary for such global Debt Global Security, without service charge, a new Debt Global Security in global form or Securities in a denomination equal to and in exchange for the unredeemed portion of the principal of the global Debt Global Security so surrendered.

Appears in 1 contract

Samples: Indenture (Tandy Corp /De/)

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