Surrender and Cancellation of Notes. All Notes surrendered for payment, redemption, transfer, exchange or conversion shall, if surrendered to any person other than the Trustee, be delivered to the Trustee and, if not already canceled, shall be promptly canceled by it. The Company may at any time deliver to the Trustee for cancellation any Notes previously authenticated and delivered hereunder, which the Company may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly canceled by the Trustee. No Notes shall be authenticated in lieu of or in exchange for any Notes canceled as provided in this Section 2.12, except as expressly permitted by this Indenture. The Trustee shall deliver all canceled Notes held by it to the Company at least annually.
Surrender and Cancellation of Notes. On the Effective Date, DTC (or its nominee) (as registered holder of the Senior Unsecured Notes on behalf of the Senior Unsecured Noteholders) and each other Person who holds Senior Unsecured Notes in registered form on the Effective Date shall surrender, or cause the surrender of, the certificate(s) representing the Senior Unsecured Notes to the Senior Unsecured Notes Trustee for cancellation in exchange for the consideration payable to Senior Unsecured Noteholders pursuant to Section 3.1.
Surrender and Cancellation of Notes. All Notes surrendered for payment, redemption, transfer, exchange or conversion shall, if surrendered to any person other than the Trustee, be delivered to the Trustee and, if not already canceled, shall be promptly canceled by it. The Company may at any time deliver to the Trustee for cancellation any Notes previously authenticated and delivered hereunder, which the Company may have acquired in any manner whatsoever, and all Notes so delivered shall be promptly canceled by the Trustee. No Notes shall
Surrender and Cancellation of Notes. Simultaneously with the execution and delivery hereof the Lender is surrendering to the Company the June 25 Note, the June 29 Note and the June 30 Note, which shall be marked "superseded by that certain Amended and Restated Secured Note, dated July 13, 1999, in the principal amount of $1,600,000."
Surrender and Cancellation of Notes. 31 4.7 Application of Plan Distributions ..........................................................................31 4.8
Surrender and Cancellation of Notes. 13 2.13 Book-Entry Provisions for Global Notes............................. 14 2.14 Certificated Notes................................................. 14 ARTICLE 3
Surrender and Cancellation of Notes. (a) In the event of the forgiveness/cancellation of all or a portion of the Indebtedness evidenced by the Notes in accordance with the terms of this Agreement, the Lender will cause any one or more of the Notes which evidence such Indebtedness to be surrendered for cancellation thereof. To the extent that any portion of the Indebtedness represented by any such Note surrendered for cancellation has not been forgiven/cancelled, the Lender will cause a new demand note, evidencing the portion of the Indebtedness represented by the cancelled Note which has not been forgiven/cancelled (the "New Note"), to be issued in the name of the Borrower and cause such New Note to be executed and delivered by or on behalf of the Borrower; PROVIDED, HOWEVER, that any New Note which is issued shall be dated as of the date of the Note which was surrendered and which evidences a portion of the Indebtedness on the date of the surrender thereof which has not yet been forgiven/cancelled and such New Note shall indicate that it is intended to be secured by the New Mortgage. Notes or New Notes, as the case may be, shall be surrendered for cancellation in chronological order of the date thereof until all Notes or New Notes have been cancelled.
