Surrender of Notes. All Notes surrendered for payment, transfer and exchange or redemption shall be marked canceled by the Registrar and retained and destroyed in accordance with its policies and procedures.
Surrender of Notes. (a) Notice of any termination, specifying the Payment Date (which shall be a date that would otherwise be a Payment Date) upon which the Noteholders may surrender their Notes to the Indenture Trustee for payment of the final distribution and cancellation, shall be given promptly by the Indenture Trustee (upon receipt of written directions from the Sponsor, if the Sponsor is exercising its right to transfer of the Mortgage Loans, given not later than the first day of the month preceding the month of such final distribution) to the Note Insurer and to the Master Servicer and by letter to Noteholders mailed not earlier than the 15th day and not later than the 25th day of the month next preceding the month of such final distribution specifying (i) the Payment Date upon which final distribution of the Notes will be made upon presentation and surrender of Notes at the office or agency of the Indenture Trustee therein designated, (ii) the amount of any such final distribution and (iii) that the Record Date otherwise applicable to such Payment Date is not applicable, distributions being made only upon presentation and surrender of the Notes at the office or agency of the Indenture Trustee therein specified.
(b) Any money held by the Indenture Trustee in trust for the payment of any amount due with respect to any Note and remaining unclaimed by the related Noteholder for the period then specified in the escheat laws of the State of New York after such amount has become due and payable shall be discharged from such trust and be paid first, to the Note Insurer on account of any Reimbursement Amounts, and second, to the Certificateholders; and such Noteholder shall thereafter, as an unsecured general creditor, look only to the Note Insurer or the
Surrender of Notes. By surrender to the Company for cancellation of any Note or Notes (as such terms are defined in that certain Amended and Restated Note Agreement, dated as of March 31, 1997 (the "Amended and Restated Note Agreement"), among the Company, IT Network, Inc., the Original Holder and the other Purchasers named therein), or any portion of a Note, for which credit shall be given toward the Exercise Price on a dollar-for-dollar basis with reference to the principal amount and accrued but unpaid interest cancelled;
Surrender of Notes. 72 SECTION 10.3. Form of Redemption Notice..................................................................73 SECTION 10.4. Notes Payable on Redemption Date...........................................................74
Surrender of Notes. As a condition to the Initial Closing, the Note Holders shall have surrendered the original Notes to the Company for conversion into Conversion Shares in accordance with Section 2.3.
Surrender of Notes. Upon any redemption or conversion of the entire remaining Principal amount under this Note, the Holder shall either deliver this Note by hand to the Borrower at its principal executive offices or surrender the same to the Borrower at such address by nationally recognized overnight courier.
Surrender of Notes. Upon any redemption of this Note pursuant to Sections 3.2, or 6.2, or upon maturity pursuant to Section 2.4, the Lender shall either deliver this Note by hand to the Borrower at its principal executive offices or surrender the same to the Borrower at such address by nationally recognized overnight courier. Payment of the redemption price or the amount due on maturity specified in Section 2.4, shall be made by the Borrower to the Lender against receipt of this Note (as provided in this Section 3.5) by wire transfer of immediately available funds to such account(s) as the Lender shall specify by written notice to the Borrower. If payment of such redemption price is not made in full by the redemption date, or the amount due on maturity is not paid in full by the Maturity Date, the Lender shall again have the right to convert this Note as provided in Article 3 hereof or to declare an Event of Default.
Surrender of Notes. Upon any redemption of this Note pursuant to Subsection 3(a) or 3(c), the Holder shall either deliver the Note by hand to the Company at its principal executive offices or surrender the same to the Company at such address by express courier. Payment of the Optional Redemption Price or Redemption Price , as the case may be, shall be made by the Company to the Holder against receipt of the Notes by wire transfer of immediately available funds to such account(s) as the Holder shall specify in writing to the Company. Provided the Company has either paid or set aside available funds for sufficient to pay the Redemption Price (and in the latter case, set aside funds are in a segregated account identified to the Holder from which the Redemption Price will be paid on or after the Redemption Date upon demand of the Holder), from and after the Redemption Date, the Holders rights as a holder of this Note shall cease, except the right to receive the Redemption Price.
Surrender of Notes. By surrender to the Corporation for cancellation of Initial Notes, Mandatory Notes or Option Notes (as each such term is defined in the Purchase Agreement), or of any portion of an Initial Note, a Mandatory Note or an Option Note, for which credit shall be given toward the Warrant Price for each share being acquired on a dollar-for-dollar basis with reference to the principal amount cancelled;
Surrender of Notes. Each Note Holder shall have surrendered all Notes held by such Note Holder, or lost note affidavits, to the Company for cancellation.
