Common use of Exchange of the Old Notes Clause in Contracts

Exchange of the Old Notes. A. Promptly after the Expiration Date and authentication of the Exchange Notes by the trustee under the indenture governing the Exchange Notes, Issuer will deliver the Exchange Notes to Exchange Agent. Upon surrender of the Old Notes properly tendered and acceptance thereof by Issuer in accordance with the Exchange Offer, Exchange Agent is hereby directed to deliver or cause to be delivered Exchange Notes to the Holder of such surrendered and accepted Old Notes. The principal amount of the Exchange Notes to be delivered to a Holder shall equal the principal amount of the Old Notes surrendered by such Holder and accepted. B. The Exchange Notes issued in exchange for certificated Old Notes shall be mailed by Exchange Agent, in accordance with the instructions contained in the Letter of Transmittal, by first class or registered mail, and under coverage of Exchange Agent's blanket surety bond for first class or registered mail losses protecting Issuer from loss or liability arising out of the non-receipt or non-delivery of such Exchange Notes or the replacement thereof. The Exchange Notes issued in exchange for Old Notes in global book-entry form shall be delivered in book-entry form through the facilities of DTC. C. Notwithstanding any other provision of this Agreement, issuance of the Exchange Notes for accepted Old Notes pursuant to the Exchange Offer shall be made only after deposit with Exchange Agent of the Old Notes, the related Letter of Transmittal and any other required documents.

Exchange of the Old Notes. A. Promptly after the Expiration Date and authentication of the Exchange New Notes by the trustee under trustee, the indenture governing the Exchange Notes, Issuer will deliver the Exchange New Notes to the Exchange Agent. Upon surrender of the Old Notes properly tendered and acceptance thereof by the Issuer in accordance with the Exchange Offer, the Exchange Agent is hereby directed to shall deliver or cause to be delivered Exchange the New Notes to the Holder holders of such surrendered and accepted Old Notes. The principal amount of the Exchange New Notes to be delivered to a Holder holder shall equal the principal amount of the Old Notes surrendered by such Holder holder and acceptedaccepted for exchange by the Issuer. B. The Exchange New Notes issued in exchange for certificated Old Notes shall be mailed by the Exchange Agent, in accordance with the instructions contained in the Letter Letters of Transmittal, by first first-class or registered mail, and under coverage of the Exchange Agent's ’s blanket surety bond for first first-class or registered mail losses protecting the Issuer from loss or liability arising out of the non-receipt or non-delivery of such Exchange New Notes or the replacement thereof. The Exchange Notes issued in exchange for Old Notes in global book-entry form shall be delivered in book-entry form through the facilities of DTC. C. Notwithstanding any other provision of this Agreement, issuance of the Exchange New Notes for accepted Old Notes pursuant to the Exchange Offer shall be made only after deposit with the Exchange Agent of the Old Notes, the related Letter of Transmittal and any other required documents.

Exchange of the Old Notes. A. Promptly after the Expiration Date and authentication of the Exchange New Notes by the trustee under trustee, the indenture governing the Exchange Notes, Issuer will deliver the Exchange New Notes to the Exchange Agent. Upon surrender of the Old Notes properly tendered and acceptance thereof by the Issuer in accordance with the Exchange Offer, the Exchange Agent is hereby directed to shall cancel the Old Notes and deliver or cause to be delivered Exchange the New Notes to the Holder holders of such surrendered surrendered, accepted and accepted cancelled Old Notes. The principal amount of the Exchange New Notes to be delivered to a Holder holder shall equal the principal amount of the Old Notes surrendered by such Holder holder and acceptedaccepted for exchange by the Issuer. B. The Exchange Agent is authorized and directed to cancel all the Old Notes received by it upon delivering the New Notes to tendering holders of the Old Notes as provided herein. The Exchange Agent shall maintain a record as to which Old Notes have been exchanged. C. The New Notes issued in exchange for certificated Old Notes Notes, if any, shall be mailed by the Exchange Agent, in accordance with the instructions contained in the Letter of Transmittal, by first first-class or registered mail, and under coverage of the Exchange Agent's ’s blanket surety bond for first first-class or registered mail losses protecting the Issuer from loss or liability arising out of the non-receipt or non-delivery of such Exchange New Notes or the replacement thereof. The Exchange Notes issued in exchange for Old Notes in global book-entry form shall be delivered in book-entry form through the facilities of DTC. C. D. Notwithstanding any other provision of this Agreement, issuance of the Exchange New Notes for accepted Old Notes pursuant to the Exchange Offer shall be made only after deposit with the Exchange Agent of the Old Notes, the related Letter of Transmittal and any other required documents.