Common use of SURRENDER FOR CANCELLATION Clause in Contracts

SURRENDER FOR CANCELLATION. If the principal amount due upon any Note shall become payable before the Stated Maturity thereof, the Person presenting such Note for payment shall surrender the same for cancellation to the Corporation and the Corporation shall pay or cause to be paid the interest accrued and unpaid thereon (computed on a per diem basis if the date fixed for payment is not an Interest Payment Date).

SURRENDER FOR CANCELLATION. If the principal amount due upon any Subordinate Secured Note shall become payable before the Stated Maturity thereof, the Person presenting such Subordinate Secured Note for payment shall surrender the same for cancellation to the Corporation Corporate Trust Office and the Corporation shall pay or cause to be paid the interest accrued and unpaid thereon (computed on a per diem basis if the date fixed for payment is not an Interest Payment Date).

SURRENDER FOR CANCELLATION. If the principal amount due upon any Note shall become payable before the Stated Maturity thereof, the Person presenting such Note for payment shall surrender the same for cancellation to the Corporation Corporate Trust Office and the Corporation shall pay or cause to be paid the interest accrued and unpaid thereon (computed on a per diem basis if the date fixed for payment is not an Interest Payment Date).

SURRENDER FOR CANCELLATION. If the principal amount due upon any Note shall become payable before the Stated Maturity thereof, the Person presenting such Note for payment shall surrender such Note to the same Trustee for cancellation to the Corporation and the Corporation Issuer shall pay or cause to be paid the principal amount of such Note, the Premium, if any, and the interest accrued and unpaid thereon (computed on a per diem basis if the date fixed for payment is not an Interest Payment Date)) and Article 9 shall apply to such Note.

SURRENDER FOR CANCELLATION. If the principal amount due upon any Note shall become payable before the Applicable Stated Maturity Date thereof, the Person presenting such Note for payment shall surrender the same for cancellation to the Corporation Registered and Records Office of the Borrowers and the Corporation Borrowers shall pay or cause to be paid the interest accrued and unpaid thereon in cash together with all other obligations owing to the Administrative Agent or any Noteholder under or in connection with this Agreement and the Notes in immediately available funds (computed on a per diem basis if the date fixed for payment is not an Interest Payment Date).

SURRENDER FOR CANCELLATION. If the outstanding principal amount due upon any Note Debenture shall become payable before the Stated Maturity thereof, the Person presenting such Note the applicable Debenture Certificate for payment shall surrender the same for cancellation to the Corporation Corporate Trust Office and the Corporation shall pay or cause to be paid the interest accrued and unpaid thereon (computed on a per diem basis if the date fixed for payment is not an Interest Payment Date).