Common use of Destruction Clause in Contracts

Destruction. The Registrar may destroy each Note Certificate delivered to or cancelled by it in accordance with Clause 9.2, in which case it shall promptly furnish the Issuer and the Note Trustee with a certificate as to such destruction and specifying the reason for such destruction and the certificate or serial numbers of the Note Certificates so destroyed.

Appears in 8 contracts

Samples: Paying Agency and Agent Bank Agreement (Barclaycard Funding PLC), Paying Agency and Agent Bank Agreement (Barclaycard Funding PLC), Paying Agency and Agent Bank Agreement (Gracechurch Receivables Trustee LTD)

AutoNDA by SimpleDocs

Destruction. The Registrar may destroy each Note Certificate which has been cancelled and delivered to or cancelled by it in accordance with Clause 9.2the terms of this Agreement, in which case it shall promptly furnish the Current Issuer and the Note Trustee with Trustee, on request, a certificate as to such destruction and destruction, specifying the reason for such destruction and the certificate or serial numbers of the relevant Note Certificates so destroyedCertificate.

Appears in 8 contracts

Samples: Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 04-1 PLC), Issuer Paying Agent and Agent Bank Agreement (Granite Mortgages 03-3 PLC), Issuer Paying Agent and Agent Bank Agreement (Granite Finance Trustees LTD)

Destruction. The Registrar may destroy each Definitive Note Certificate delivered to or cancelled by it in accordance with Clause 9.27.1(b), in which case it shall promptly furnish the Master Issuer, the Master Issuer Security Trustee and the Note Trustee Trustee, on request, with a certificate as to such destruction and destruction, specifying the reason for such destruction and the certificate or serial numbers of the Note Certificates so destroyedrelevant Definitive Note.

Appears in 4 contracts

Samples: Master Issuer Paying Agent and Agent Bank Agreement, Master Issuer Paying Agent and Agent Bank Agreement, Master Issuer Paying Agent and Agent Bank Agreement (Holmes Funding LTD)

Destruction. The Registrar may destroy each Note Certificate which has been cancelled and delivered to or cancelled by it in accordance with Clause 9.2the terms of this Agreement, in which case it shall promptly furnish the Issuer and the Note Trustee with Trustee, on request, a certificate as to such destruction and destruction, specifying the reason for such destruction and the certificate or serial numbers of the Note Certificates so destroyedrelevant Note.

Appears in 3 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

Destruction. The Registrar may destroy each Note and Residual Certificate which has been cancelled and delivered to or cancelled by it in accordance with Clause 9.2the terms of this Agreement, in which case it shall promptly furnish the Issuer and the Note Trustee with Trustee, on request, a certificate as to such destruction and destruction, specifying the reason for such destruction and the certificate or serial numbers of the relevant Note Certificates so destroyedand/or Residual Certificate.

Appears in 3 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

Destruction. The Registrar may destroy each Note Certificate which has been cancelled and delivered to or cancelled by it in accordance with Clause 9.2the terms of this Agreement, in which case it shall promptly furnish the Master Issuer and the Note Trustee with Trustee, on request, a certificate as to such destruction and destruction, specifying the reason for such destruction and the certificate or serial numbers of the relevant Note Certificates so destroyedCertificate.

Appears in 3 contracts

Samples: Issuer Paying Agent and Agent Bank Agreement (Granite Finance Trustees LTD), Issuer Paying Agent and Agent Bank Agreement (Granite Finance Trustees LTD), Issuer Paying Agent and Agent Bank Agreement (Granite Finance Funding 2 LTD)

Destruction. The Registrar may destroy each Note Certificate delivered to or cancelled by it in accordance with Clause 9.210.2 (Extent of Duties), in which case it shall promptly furnish the Issuer and the Note Trustee with a certificate as to such destruction and specifying the reason for such destruction and the certificate or serial numbers of the Note Certificates so destroyed.

Appears in 1 contract

Samples: Agency Agreement (Arran Funding LTD)

AutoNDA by SimpleDocs

Destruction. The Each Registrar may destroy each Note Certificate delivered to or cancelled by it in accordance with Clause 9.210.2 (Extent of duties), in which case it shall promptly furnish the Issuer and the Note Trustee with a certificate as to such destruction and specifying the reason for such destruction and the certificate or serial numbers of the Note Certificates so destroyed.

Appears in 1 contract

Samples: Agency Agreement (Turquoise Receivables Trustee LTD)

Destruction. The Registrar may destroy each Note Certificate delivered to or cancelled by it in accordance with Clause 9.26.3 (Cancellation and destruction), in which case it shall promptly upon request furnish the Issuer and the Note Trustee with a certificate as to such destruction and specifying the reason for such destruction and the certificate or the serial numbers of the Note Certificates so destroyed.

Appears in 1 contract

Samples: Paying Agency and Agent Bank Agreement

Destruction. The Each Registrar may destroy each Note Certificate delivered to or cancelled by it in accordance with Clause 9.215.2 (Extent of duties), in which case it shall promptly furnish the Issuer and the Note Trustee with a certificate as to such destruction and specifying the reason for such destruction and the certificate or serial numbers of the Note Certificates so destroyed.

Appears in 1 contract

Samples: Paying Agency and Agent Bank Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!