Common use of Redeemed in Part Clause in Contracts

Redeemed in Part. Any Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Partnership or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Partnership and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Partnership shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series and of like tenor, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Security so surrendered.

Redeemed in Part. Any Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Partnership Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Partnership Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Partnership Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series and of like tenor, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Security so surrendered.

Redeemed in Part. Any Security which is to be redeemed only in part shall be surrendered at a Place an office or agency of Payment therefor the Company designated for that purpose pursuant to Section 1002 (with, if the Partnership Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Partnership Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Partnership Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series and of like tenorSecurities, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Security so surrendered.