Common use of Disposition of Notes Retired Clause in Contracts

Disposition of Notes Retired. All Notes received by the Trustee and for whose purchase Trust Moneys are applied under this Article 12, if not otherwise cancelled, shall be promptly delivered to the Trustee for cancellation and destruction unless the Trustee shall be otherwise directed in writing by the Company. Upon destruction of any Notes, the Trustee shall issue a certificate of destruction to the Company.

Appears in 2 contracts

Samples: Indenture (Metal Management Inc), Indenture (Metal Management Inc)

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Disposition of Notes Retired. All Notes received by the Trustee and for whose purchase Trust Moneys Monies are applied under this Article 12, if not otherwise cancelledcanceled, shall be promptly delivered to cancelled and destroyed by the Trustee for cancellation and destruction in accordance with Section 2.11 unless the Trustee shall be otherwise directed in writing by the Company. Upon destruction of any Notes, the Trustee shall issue a certificate of destruction to the Company.

Appears in 1 contract

Samples: Indenture (Alaris Medical Systems Inc)

Disposition of Notes Retired. All Notes received by the Trustee and for whose purchase Trust Moneys are applied under this Article 12XII, if not otherwise cancelled, shall be promptly delivered to the Trustee for cancellation and destruction unless the Trustee shall be otherwise directed in writing by the Company. Upon destruction of any Notes, the Trustee shall promptly issue a certificate of destruction to the Company.

Appears in 1 contract

Samples: Indenture (Blue Steel Capital Corp)

Disposition of Notes Retired. All Notes received by the Trustee and for whose purchase Trust Moneys are applied under this Article 12Eleven, if not otherwise cancelled, shall be promptly delivered to the Trustee for cancellation and destruction unless the Trustee shall be otherwise directed in writing by the Company. Upon destruction of any Notes, the Trustee shall issue a certificate of destruction to the Company.

Appears in 1 contract

Samples: Indenture (Sheffield Steel Corp)

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Disposition of Notes Retired. All Notes received by the Trustee and for whose purchase Trust Moneys are applied under this Article 12, if not otherwise cancelledcanceled, shall be promptly delivered to canceled and destroyed by the Trustee for cancellation and destruction unless the Trustee shall be otherwise directed in writing by the CompanyIssuer Request. Upon destruction of any Notes, the Trustee shall issue a certificate of destruction to the CompanyIssuer.

Appears in 1 contract

Samples: Indenture (Creative Host Services Inc)

Disposition of Notes Retired. All Notes received ---------------------------- by the Trustee and for whose purchase Trust Moneys Monies are applied under this Article 1213, if not otherwise cancelledcanceled, shall be promptly delivered to the Trustee for cancellation and destruction unless the Trustee shall be otherwise directed in writing by the CompanyIssuer. Upon destruction of any Notes, the Trustee shall issue a certificate of destruction to the CompanyIssuer.

Appears in 1 contract

Samples: Indenture (Terra Industries Inc)

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