Outstanding Debentures. Debentures outstanding at any time are all the Debentures that have been authenticated by the Trustee except those cancelled by it, those delivered to it for cancellation and those described in this Section 2.8 as not outstanding. A Debenture does not cease to be outstanding because the Company or an Affiliate of the Company holds the Debenture, except as provided in Section 2.9 hereof. If a Debenture is replaced pursuant to Section 2.7 hereof (other than a mutilated Debenture surrendered for replacement), it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Debenture is held by a bona fide purchaser. A mutilated Debenture ceases to be outstanding upon surrender of such Debexxxxx xxx replacement thereof pursuant to Section 2.7 hereof. If on a Redemption Date or the Maturity Date the Paying Agent (other than the Company or an Affiliate of the Company) holds U.S. Legal Tender or U.S. Government Obligations sufficient to pay all of the principal of, premium, if any, and interest due on the Debentures payable on that date, then on and after that date such Debentures cease to be outstanding and interest on them ceases to accrue.
Appears in 1 contract
Samples: Healthcare Realty Trust Inc
Outstanding Debentures. The Debentures outstanding at any time are all the Debentures that have been authenticated by the Trustee except for those cancelled by it, those delivered to it for cancellation cancellation, those reductions in the interest in the Global Security effected by the Trustee hereunder and those described in this Section 2.8 as not outstanding. A Except as set forth in Section 2.9, a Debenture does not cease to be outstanding because the Company or an Affiliate of the Company holds the Debenture, except as provided in Section 2.9 hereof. If a Debenture is replaced pursuant to Section 2.7 hereof (other than a mutilated Debenture surrendered for replacement)2.7, it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Debenture is held by a bona fide purchaser. A mutilated If the principal amount of any Debenture is considered paid under Section 4.1, it ceases to be outstanding upon surrender of such Debexxxxx xxx replacement thereof pursuant and interest on it ceases to Section 2.7 hereofaccrue. If on a Redemption Date or the Maturity Date the Paying Agent (other than the Company Company, any Subsidiary or an Affiliate of the Companyany thereof) segregates and holds U.S. Legal Tender in trust, in accordance with this Indenture, on a redemption date or U.S. Government Obligations maturity date money sufficient to redeem or pay all of the principal of, premium, if any, and interest due on the Debentures payable on that date, and is not prohibited from paying such money to the Holders thereof pursuant to the terms of this Indenture, then on and after that such redemption date or maturity date such Debentures shall be deemed to be no longer outstanding and shall cease to be outstanding and interest on them ceases to accrueaccrue interest.
Appears in 1 contract
Samples: Lomak Petroleum Inc
Outstanding Debentures. Debentures outstanding at any time are all the Debentures that have been authenticated by the Trustee except those cancelled by it, those delivered to it for cancellation and those described in this Section 2.8 as not outstanding. A Debenture does not cease to be outstanding because the Company or an Affiliate of the Company holds the Debenture, except as provided in Section 2.9 hereof. If a Debenture is replaced pursuant to Section 2.7 hereof (other than a mutilated Debenture surrendered for replacement), it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Debenture is held by a bona fide BONA FIDE purchaser. A mutilated Debenture ceases to be outstanding upon surrender of such Debexxxxx xxx Xxxxxxxxx and replacement thereof pursuant to Section 2.7 hereof. If on a Redemption Date or the Maturity Date the Paying Agent (other than the Company or an Affiliate of the Company) holds U.S. Legal Tender or U.S. Government Obligations sufficient to pay all of the principal of, premium, if any, and interest due on the Debentures payable on that date, then on and after that date such Debentures shall cease to be outstanding and interest on them ceases such Debentures shall cease to accrue. Any obligations pursuant to such Debentures shall be satisfied pursuant to Section 8.1 hereof.
Appears in 1 contract
Samples: Mercury Air Group Inc
Outstanding Debentures. Debentures outstanding at any time are all the Debentures that have been authenticated and delivered by the Trustee except for those cancelled canceled by it, those delivered to it for cancellation and those described in this Section 2.8 as not outstanding. A Debenture does not cease to be outstanding because the Company or an Affiliate of the Company holds the Debenture, except as provided in Section 2.9 hereof. If a Debenture is replaced pursuant to Section 2.7 hereof (other than a mutilated Debenture surrendered for replacement)2.07, it ceases to be outstanding unless the Trustee receives and the Company receive proof satisfactory to it them that the replaced Debenture is held by a bona fide purchaser. A mutilated Debenture ceases to be outstanding upon surrender of such Debexxxxx xxx replacement thereof pursuant to Section 2.7 hereof. If on a Redemption Date or the Maturity Date the Paying Agent (other than the Company segregates and holds in trust, in accordance with this Indenture, on a redemption date or an Affiliate of the Company) holds U.S. Legal Tender or U.S. Government Obligations maturity date money sufficient to pay all of the principal of, premium, if any, and interest due on the Debentures payable on that datedate with respect to the Debentures (or portions thereof) to be redeemed or maturing, as the case may be, and the Paying Agent is not prohibited from paying such money to the Debentureholders on that date pursuant to the terms of this Indenture, then on and after that date such Debentures (or portions thereof) cease to be outstanding and interest on them ceases to accrue; provided, however, that if the Debentures are to be redeemed, notice of such redemption has been duly given pursuant to this Indenture, or provision thereof satisfactory to the Trustee has been made.
Appears in 1 contract
Outstanding Debentures. The Debentures outstanding at any time are all the Debentures that have been authenticated by the Trustee except for those cancelled by it, those delivered to it for cancellation cancellation, those reductions in the interest in a Global Security effected by the Trustee hereunder, and those described in this Section 2.8 as not outstanding. A Except as set forth in Section 2.9 hereof, a Debenture does not cease to be outstanding because the Company or an Affiliate of the Company holds the Debenture, except as provided in Section 2.9 hereof. If a Debenture is replaced pursuant to Section 2.7 hereof (other than a mutilated Debenture surrendered for replacement)hereof, it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Debenture is held by a bona fide purchaser. A mutilated If the principal amount of any Debenture is considered paid under Section 4.1 hereof, it ceases to be outstanding upon surrender of such Debexxxxx xxx replacement thereof pursuant and interest on it ceases to Section 2.7 hereofaccrue. If on a Redemption Date or the Maturity Date the Paying Agent (other than the Company, a Subsidiary of the Company or an Affiliate of the Companyany thereof) segregates and holds U.S. Legal Tender interest, in accordance with this Indenture, on a redemption date or U.S. Government Obligations maturity date money sufficient to pay all of the principal of, premium, if any, and interest due on the Debentures payable on that date, and is not prohibited from paying such money to the Holders thereof pursuant to the terms of this Indenture, then on and after that date such Debentures shall be deemed to be no longer outstanding and shall cease to be outstanding and interest on them ceases to accrueaccrue interest.
Appears in 1 contract
Samples: Diagnostic Retrieval Systems Inc