Common use of Disposition of Securities Retired Clause in Contracts

Disposition of Securities Retired. All Securities received by the Trustee and for whose purchase Trust Moneys are applied under this Article 12, if not otherwise canceled, shall be promptly canceled and destroyed by the Trustee. Upon destruction of any Securities, the Trustee shall issue a certificate of destruction to the Company.

Appears in 3 contracts

Samples: Indenture (International Wire Group Inc), Indenture (Jacuzzi Brands Inc), Indenture (Columbus McKinnon Corp)

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Disposition of Securities Retired. All Securities received by the Trustee and for whose purchase Trust Moneys are applied under this Article 1213, if not otherwise canceled, shall be promptly canceled and destroyed by the TrusteeTrustee unless the Trustee shall be otherwise directed by Company request. Upon destruction of any Securities, the Trustee shall issue a certificate of destruction to the Company.

Appears in 2 contracts

Samples: Indenture (Hallandale Commercial Corp.), Indenture (Up Offshore (Holdings) Ltd.)

Disposition of Securities Retired. All Securities received by the Trustee and for whose purchase Trust Moneys are applied under this Article 12XIII, if not otherwise canceledcancelled, shall be promptly canceled cancelled and destroyed disposed of by the TrusteeTrustee in accordance with its standard procedures. Upon destruction of any Securities, the Trustee shall issue a certificate of destruction to the Company.

Appears in 1 contract

Samples: Indenture (Interstate Bakeries Corp/De/)

Disposition of Securities Retired. All Securities received by the Trustee and for whose purchase Trust Moneys are applied under this Article 12Eleven, if not otherwise canceledcancelled, shall be promptly canceled delivered to the Trustee for cancellation and destroyed destruction unless the Trustee shall be otherwise directed by the TrusteeCompany. Upon destruction of any Securities, the Trustee shall issue a certificate of destruction to the Company.. ARTICLE TWELVE

Appears in 1 contract

Samples: Indenture (Sheffield Steel Corp)

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

Appears in 1 contract

Samples: Indenture (Republic Engineered Steels Inc)

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

Appears in 1 contract

Samples: Indenture (Toms Foods Inc)

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

Appears in 1 contract

Samples: Indenture (Rti Capital Corp)

Disposition of Securities Retired. All Securities received by the Trustee and for whose purchase Trust Moneys are applied under this Article 1213, if not otherwise other wise canceled, shall be promptly canceled and destroyed by the Trustee. Upon destruction of any Securities, the Trustee shall issue a certificate of destruction to the Company.

Appears in 1 contract

Samples: Indenture (Millenium Seacarriers Inc)

Disposition of Securities Retired. All Securities received by the Trustee and for whose purchase Trust Moneys are applied under this Article 12XII, if not otherwise canceledcancelled, shall be promptly canceled delivered to the Trustee for cancellation and destroyed destruction unless the Trustee shall be otherwise directed by the TrusteeCompany or the relevant Guarantor. Upon destruction of any Securities, the Trustee shall issue a certificate of destruction to the Company.

Appears in 1 contract

Samples: Indenture (Continental Caribbean Containers Inc)

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