Common use of Surrender of Notes on Prepayment Clause in Contracts

Surrender of Notes on Prepayment. Following any prepayment of any Note pursuant to Section 3.5 or Section 3.6, such Note shall, prior to any transfer thereof, be (a) made available to the Trustee for notation on the prepayment schedule attached to such Note of the amount of principal so prepaid or, (b) at the option of the holder thereof and in lieu of the alternative in the foregoing clause (a) of this sentence, held by the holder of such Note who shall make a notation on such schedule of the amount of principal so prepaid. In case the entire principal amount of any Note is prepaid or paid, such Note shall be surrendered promptly at the agency of the Issuer maintained pursuant to Section 7.9, for cancellation, upon Written Request therefor by the Issuer, and shall not be reissued, and no Note shall be issued in lieu of the prepaid or paid principal amount of any Note.

Surrender of Notes on Prepayment. Following any prepayment of any Note pursuant to Section 3.5 or Section 3.6, such Note shall, prior to any transfer thereof, be (a) made available to the Trustee for notation on the prepayment schedule attached to such Note of the amount of principal so prepaid or, (b) at the option of the holder thereof and in lieu of the alternative in the foregoing clause (a) of this sentence, held by the holder of such Note who shall make a notation on such schedule of the amount of principal so prepaid. In case the entire principal amount of any Note is prepaid or paid, such Note shall be surrendered promptly at the agency of the Issuer maintained pursuant to Section 7.98.8, for cancellation, upon Written Request therefor by the Issuer, and shall not be reissued, and no Note shall be issued in lieu of the prepaid or paid principal amount of any Note.

Surrender of Notes on Prepayment. Following Subject to Section 4.1 hereof, upon any partial prepayment of any a Note pursuant to Section 3.5 or Section 3.6, such Note shallmay, prior to any transfer at the option of the Holder thereof, be (a) surrendered to the Company pursuant to Section 6.2 hereof in exchange for a new Note of the same issue and in a principal amount equal to the principal amount remaining unpaid on the surrendered Note, or (b) made available to the Trustee Company for notation on thereon of the prepayment schedule attached portion of the principal so prepaid, or (c) be marked by such Holder to such Note of note the amount of the principal so prepaid or, (b) at the option of the holder thereof and in lieu of the alternative in the foregoing clause (a) of this sentence, held by the holder of such Note who shall make a notation on such schedule of the amount of principal so prepaid. In case the entire principal amount of any Note is prepaid or paidprepaid, such Note shall be promptly surrendered promptly at to the agency of the Issuer maintained pursuant to Section 7.9, Company for cancellation, upon Written Request therefor by the Issuer, cancellation and shall not be reissued, reissued and no Note shall be issued in lieu of the prepaid or paid principal amount of any Note.