Common use of Cancellation of Commercial Paper Notes Clause in Contracts

Cancellation of Commercial Paper Notes. Upon payment by the Bank of Certificated Commercial Paper Note(s) presented for payment, the Bank shall xxxx such Certificated Commercial Paper Note(s) as paid and (i) in due course cancel Certificated Commercial Paper Note(s) presented for payment and from time to time return such canceled Certificated Commercial Paper Notes to the Company, or (ii) destroy such Certificated Commercial Paper Notes(s) and deliver to the Company from time to time a destruction certificate identifying all Certificated Commercial Paper Notes destroyed since the issuance of the prior destruction certificate. After payment of any matured Book‑Entry Commercial Paper Notes, the Bank shall annotate the Bank's records to reflect the face amount of Book‑Entry Commercial Paper Notes outstanding in accordance with the Letter of Representations. Promptly upon the written request of the Company, the Bank agrees to cancel and return to the Company all unissued Certificated Commercial Paper Notes in the Bank's possession at the time of such request.

Cancellation of Commercial Paper Notes. Upon payment by the Bank of Certificated Commercial Paper Note(s) presented for payment, the Bank shall xxxx such Certificated Commercial Paper Note(s) as paid and (i) in due course cancel Certificated Commercial Paper Note(s) presented for payment and from time to time return such canceled Certificated Commercial Paper Notes to the Company, or (ii) destroy such Certificated Commercial Paper Notes(s) and deliver to the Company from time to time a destruction certificate identifying all Certificated Commercial Paper Notes destroyed since the issuance of the prior destruction certificate. After payment of any matured Book‑Entry Book-Entry Commercial Paper Notes, the Bank shall annotate the Bank's records to reflect the face amount of Book‑Entry Book-Entry Commercial Paper Notes outstanding in accordance with the Letter of Representations. Promptly upon the written request of the Company, the Bank agrees to cancel and return to the Company all unissued Certificated Commercial Paper Notes in the Bank's possession at the time of such request.

Cancellation of Commercial Paper Notes. Upon payment by the Bank of Certificated Commercial Paper Note(s) presented for payment, the Bank shall xxxx such Certificated Commercial Paper Note(s) as paid and (i) in due course cancel Certificated Commercial Paper Note(s) presented for payment and from time to time return such canceled Certificated Commercial Paper Notes to the Company, or (ii) destroy such Certificated Commercial Paper Notes(s) and deliver to the Company from time to time a destruction certificate identifying all Certificated Commercial Paper Notes destroyed since the issuance of the prior destruction certificate. After payment of any matured Book‑Entry Book-Entry Commercial Paper Notes, the Bank shall annotate the Bank's ’s records to reflect the face amount of Book‑Entry Book-Entry Commercial Paper Notes outstanding in accordance with the Letter of Representations. Promptly upon the written request of the Company, the Bank agrees to cancel and return to the Company all unissued Certificated Commercial Paper Notes in the Bank's ’s possession at the time of such request.

Cancellation of Commercial Paper Notes. Upon payment by the Bank you of Certificated Commercial Paper Note(s) presented for payment, the Bank you shall xxxx such Certificated Commercial Paper Note(s) as paid and (i) in due course cancel Certificated Commercial Paper Note(s) presented for payment and from time to time return such canceled Certificated Commercial Paper Notes Note(s) to the Company, or (ii) destroy such Certificated Commercial Paper Notes(sNote(s) and deliver to the Company from time to time a destruction certificate identifying all Certificated Cerificated Commercial Paper Notes destroyed since the issuance of the prior destruction certificate. After payment of any matured Book‑Entry Book-Entry Commercial Paper Notes, the Bank you shall annotate the Bank's your records to reflect the face amount of Book‑Entry Book-Entry Commercial Paper Notes outstanding in accordance with the Letter of Representations. Promptly upon the written request of the Company, the Bank agrees you agree to cancel and return to the Company all unissued Certificated Commercial Paper Notes in the Bank's your possession at the time of such request.