Common use of Purchase and Cancellation Clause in Contracts

Purchase and Cancellation. 14.1 Subject to paragraph 14 of the Provisions, the Issuer or any party associated with the Issuer may at any time by agreement with the relevant Holder purchase any Debentures at any price by tender, private treaty or otherwise. 14.2 Any Debentures which are repaid, redeemed or purchased by the Issuer shall forthwith be cancelled and shall not be available for re-issue.

Purchase and Cancellation. 14.1 Subject to paragraph 14 of the Provisions, the 15.1 The Issuer or any party associated with the Issuer may at any time by agreement with the relevant Holder purchase any Debentures in whole or part at any price by tender, private treaty or otherwise. 14.2 15.2 Any Debentures which are repaid, redeemed or purchased by the Issuer shall forthwith be cancelled and shall not be available for re-issue. 15.3 If only part of the Principal is purchased under this clause 15 future semi-annual instalments payable hereunder will be reduced pro-rata.

Purchase and Cancellation. 14.1 15.1 Subject to paragraph 14 of the Provisions, the Issuer or any party associated with the Issuer may at any time by agreement with the relevant Holder purchase any Debentures at any price by tender, private treaty or otherwise. 14.2 15.2 Any Debentures which are repaid, redeemed or purchased by the Issuer shall forthwith be cancelled and shall not be available for re-issue.

Purchase and Cancellation. 14.1 Subject to paragraph 14 6 of the ProvisionsSchedule 2, the Issuer or any party associated with the Issuer may at any time by agreement with the relevant Holder purchase any the Debentures at any price by tender, private treaty or otherwise. 14.2 Any Debentures which are repaid, redeemed or purchased by the Issuer shall forthwith be cancelled and shall not be available for re-issue.

Purchase and Cancellation. 14.1 Subject to paragraph 14 of the Provisions, the Issuer or any party associated with the Issuer may at any time by agreement with the relevant Holder purchase any Debentures at any price by tender, private treaty or otherwise. 14.2 Any Debentures which are repaid, redeemed or purchased by the Issuer shall forthwith be cancelled and shall not be available for f or re-issue.