Common use of Purchase and Cancellation of Notes by the Issuer Clause in Contracts

Purchase and Cancellation of Notes by the Issuer. If the Issuer purchases any of its Notes for cancellation, the Issuer shall provide the Principal Paying Agent instructions in the form agreed to by the Principal Paying Agent confirming the details of the Notes to be purchased. The Issuer shall provide the instructions to the Principal Paying Agent no later than two (2) Business Days prior to the date on which the Notes are intended to be purchased and cancelled. Once the Notes have been received by the Principal Paying Agent, it will request the immediate cancellation of the Notes.

Appears in 3 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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Purchase and Cancellation of Notes by the Issuer. purchase any of their Notes for cancellation. If the relevant Issuer purchases any of its Notes for cancellation, the relevant Issuer shall provide the Principal Paying Agent instructions in the form agreed to by the Principal Paying Agent confirming the details of the Notes to be purchased. The relevant Issuer shall provide the instructions to the Principal Paying Agent no later than two (2) Business Days prior to the date on which the Notes are intended to be purchased and cancelled. Once the Notes have been received by the Principal Paying Agent, it will request the immediate cancellation cancelation of the Notes.

Appears in 2 contracts

Samples: Issue and Paying Agency Agreement, Issue and Paying Agency Agreement

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