Exchanges of Notes. (a) Subject to Section 3.2 and Section 3.7, Notes in any authorized form or denomination, other than Notes represented by a Global Certificate, may be exchanged, upon reasonable notice, for Notes in any other authorized form or denomination. To the extent any Note tendered for exchange bears the restricted legend provided for in Section 2.6(e), subject to the following sentence, any Note issued in exchange therefor shall bear such legend. Any Note evidenced by definitive certificates bearing the legends set forth in Section 2.6(e) herein may be exchanged by the holder thereof for beneficial interests represented by a Global Certificate if the holder of such Notes delivers a certificate substantially in the form of Schedule B.2 to this Indenture and, if requested by the Trustees or the Issuer, an opinion of counsel in a form reasonably satisfactory to the Trustees or the Issuer, as applicable, following which the beneficial interests in such Notes shall be registered in, and transfers and pledges of such Notes shall be made through, the book-based system in accordance with Section 2.5 of this Indenture.
(b) In respect of exchanges of Notes permitted by Section 3.6(a), Notes may be exchanged only at the principal office of the Canadian Trustee in the City of Montreal, Québec or at such other place or places and at such other place or places as may from time to time be designated by the Issuer with the approval of the Trustees. Any Notes tendered for exchange shall be surrendered to the Trustees. The Issuer shall execute and the Trustees shall certify all Notes necessary to carry out exchanges as aforesaid. All Notes surrendered for exchange shall be cancelled.
(c) Notes issued in exchange for Notes which at the time of such issue have been selected or called for redemption at a later date shall be deemed to have been selected or called for redemption in the same manner and shall have noted thereon a statement to that effect, provided that:
(i) Notes which have been selected or called for redemption may not be exchanged for Notes of larger denominations; and
(ii) if a Note that has been selected or called for redemption in part is presented for exchange for Notes of smaller denominations, the Trustees shall designate, as they may deem equitable, particular Notes of those issued in exchange, which shall be deemed to have been selected or called for redemption, in whole or in part, and the Trustees shall note on such Notes a statement to that effect.
Exchanges of Notes. Notes are issuable in denominations of One Thousand Dollars ($1,000) and multiples thereof. Notes of any authorized denomination may be exchanged for Notes of any other authorized denomination or denominations, any such exchange to be for Notes of the same type, A Notes or B Notes, of an equivalent aggregate principal amount, as requested by the Holders, and bearing the same interest rate and date of maturity as the original Notes. Any exchange of Notes may be made at the offices of the Company or at the offices of any registrar where a register is maintained for the Notes pursuant to the provisions of section 7.
Exchanges of Notes. (1) Subject to Section 3.1 and 3.6, Notes in any authorized form or denomination, other than Uncertificated Notes, may be exchanged for Notes of the same series in any other authorized form or denomination, equal to the same aggregate principal amount as the Notes so exchanged.
(2) In respect of exchanges of Notes permitted by Section 3.5(1), Notes may be exchanged only at the principal offices of the Trustee in the city of Calgary, Alberta or at such other place or places, if any, as may be specified in the Notes and at such other place or places as may from time to time be designated by the Corporation with the approval of the Trustee. Any Notes surrendered for exchange shall be surrendered to the Trustee. The Corporation shall execute and the Trustee shall certify all Notes necessary to carry out exchanges as aforesaid. All Notes surrendered for exchange shall be cancelled.
(3) Notes issued in exchange for Notes which at the time of such issue have been selected or called for redemption at a later date shall be deemed to have been selected or called for redemption in the same manner and shall have noted thereon a statement to that effect.
Exchanges of Notes. In relation to any Series comprising Bearer and Registered Notes, by the receipt of requests for exchanges of Bearer Notes for Registered Notes together with the relevant Bearer Notes (or notifications from the Principal Paying Agent of receipt thereof by the Principal Paying Agent), the Registrar shall effect the issue of Registered Note Certificates and make entries in the Register, and give effect to exchanges of Bearer Notes for Registered Notes in accordance with the Conditions applicable thereto and in accordance with the Regulations. The Registrar shall forthwith upon the receipt of the relevant Bearer Note(s) in relation to a relevant Series of Notes together with a request for the exchange of Bearer Note(s) for Registered Note(s) notify the Principal Paying Agent thereof (specifying (i) the serial numbers of the Bearer Note(s), (ii) the aggregate principal amount of Notes involved, and (iii) the exchange date applicable thereto) and shall on the exchange date cancel the relevant Bearer Note(s) (together with all unmatured Coupons and Receipts appertaining thereto and surrendered therewith) and forward the same to or to the order of the Principal Paying Agent. The Paying Agents shall notify the Issuer promptly of the exchange of Bearer Notes for Registered Notes, specifying the serial numbers of the Bearer Notes and of the Registered Note Certificates issued in exchange therefor, the aggregate principal amount involved and the applicable exchange date.
Exchanges of Notes. (a) Subject to Section 3.7, Notes in any authorized form or denomination, other than Global Notes, may be exchanged for Notes in any other authorized form or denomination, bearing the same interest rate and of the same aggregate principal amount as the Notes so exchanged.
(b) In respect of exchanges of Notes permitted by Section 3.6(a), Notes may be exchanged only at the principal offices of the Note Trustee in Montreal, Québec, Toronto, Ontario or at such other place or places, if any, as may be specified in the Notes and at such other place or places as may from time to time be designated by the Corporation with the approval of the Note Trustee. Any Notes tendered for exchange shall be surrendered to the Note Trustee. The Corporation shall execute and the Note Trustee shall certify all Notes necessary to carry out exchanges as aforesaid. All Notes surrendered for exchange shall be cancelled.
(c) Notes issued in exchange for Notes which at the time of such issue have been selected or called for redemption at a later date shall be deemed to have been selected or called for redemption in the same manner and shall have noted thereon a statement to that effect.
Exchanges of Notes. (a) Subject to Section 3.7, Notes in any authorized form or denomination, other than Global Notes, may be exchanged for Notes in any other authorized form or denomination, of the same series and date of maturity, bearing the same interest rate and of the same aggregate principal amount as the Notes so exchanged.
(b) In respect of exchanges of Notes permitted by Section 3.6(a), Notes of any series may be exchanged only at the principal office of the Trustee in the City of Vancouver or at such other place or places, if any, as may be specified in the Notes of such series and at such other place or places as may from time to time be designated by the Corporation with the approval of the Trustee. Any Notes tendered for exchange shall be surrendered to the Trustee. The Corporation shall execute and the Trustee shall certify all Notes necessary to carry out exchanges as aforesaid. All Notes surrendered for exchange shall be cancelled.
(c) Notes issued in exchange for Notes which at the time of such issue have been selected or called for redemption or prepayment at a later date shall be deemed to have been selected or called for redemption or prepayment in the same manner and shall have noted thereon a statement to that effect.
Exchanges of Notes. (a) Subject to Section 4.7, Notes in any authorized form or denomination, other than Global Certificates, may be exchanged, upon reasonable notice, for Notes in any other authorized form or denomination, of the same series and date of Maturity, bearing the same interest rate and of the same aggregate principal amount as the Notes so exchanged.
(b) In respect of exchanges of Notes permitted by Section 4.6(a), Notes may be exchanged only at the principal offices of the Trustee in the City of Calgary, Alberta or in the City of Toronto, Ontario or at such other place or places, if any, as may be specified in the Notes and at such other place or places as may from time to time be designated by the Issuer with the approval of the Trustee. Any Notes tendered for exchange shall be surrendered to the Trustee. The Issuer shall execute and the Trustee shall certify all Notes necessary to carry out exchanges as aforesaid. All Notes surrendered for exchange shall be cancelled.
(c) Notes issued in exchange for Notes which at the time of such issue have been selected or called for redemption at a later date shall be deemed to have been selected or called for redemption in the same manner and shall have noted thereon a statement to that effect, provided that:
(i) Notes which have been selected or called for redemption may not be exchanged for Notes of larger denominations; and
(ii) if a Note that has been selected or called for redemption in part is presented for exchange for Notes of smaller denominations, the Trustee will designate, as it may deem equitable, particular Notes of those issued in exchange, which will be deemed to have been selected or called for redemption, in whole or in part, and the Trustee will note on such Notes a statement to that effect.
Exchanges of Notes. (a) Subject to Section 3.7, Notes in any authorized form or denomination, other than Global Notes, may be exchanged for Notes in any other authorized form or denomination.
(b) In respect of exchanges of Notes permitted by Section 3.6(a), Notes may be exchanged only at the principal offices of the Trustee in the city of Toronto, Ontario or at such other place or places, if any, as may be specified in the Notes and at such other place or places as may from time to time be designated by the Company with the approval of the Trustee. Any Notes tendered for exchange shall be surrendered to the Trustee. The Company shall execute and the Trustee shall certify all Notes necessary to carry out exchanges as aforesaid. All Notes surrendered for exchange shall be cancelled.
Exchanges of Notes. (a) Notes of any denomination may be exchanged for Notes of any other authorized denomination or denominations, any such exchange to be for Notes of an equivalent aggregate principal amount. Any exchange of Notes may be made at the offices of the Trustee or at the offices of any registrar where registers are maintained for the Notes pursuant to the provisions of section 2.
Exchanges of Notes. (a) Any Purchaser may at any time surrender any Note at the principal office of the Indenture Trustee in exchange for an equal aggregate principal amount of new Notes but in any authorized denominations.
(b) All Notes presented or surrendered for exchange or transfer shall be accompanied by a written instrument or instruments of assignment or transfer, in form reasonably satisfactory to the Indenture Trustee, duly executed by the applicable Purchaser or by its attorney duly authorized in writing. The Lessor and the Indenture Trustee shall not be required to make a transfer or an exchange of any Note for a period of ten days preceding any Scheduled Payment Date with respect thereto.
(c) In case any Note shall become mutilated or be destroyed, lost or stolen, the Lessor, upon the written request of the applicable Purchaser, shall execute and the Indenture Trustee shall authenticate and deliver, a new Note in exchange and substitution for the mutilated Note, or in lieu of and substitution for the Note so destroyed, lost or stolen, which new Note shall be of the same series and in a principal amount equal to the original principal amount of such mutilated, destroyed, lost or stolen
