Common use of Cancellation of Converted Notes Clause in Contracts

Cancellation of Converted Notes. All Definitive Notes delivered for conversion shall be delivered to the Trustee or its agent to be canceled by or at the direction of the Trustee, which shall dispose of the same as provided in Section 2.11 hereof. Upon conversions of beneficial interests in any Global Note, the Trustee or the Custodian, at the direction of the Trustee, shall reduce the aggregate principal amount of outstanding Notes represented by such Global Note to reflect the conversion.

Appears in 4 contracts

Samples: Intercreditor Agreement (FiberTower CORP), Intercreditor Agreement (FiberTower CORP), Intercreditor Agreement (FiberTower CORP)

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Cancellation of Converted Notes. All Definitive Notes delivered for conversion shall be delivered to the Trustee Conversion Agent or its agent to be canceled by or at the direction of the Trustee, which shall dispose of the same as provided in Section 2.11 hereofthis Indenture. Upon conversions of beneficial interests in any Global Note, the Trustee or the Notes Custodian, at the direction of the Trustee, shall reduce the aggregate principal amount of outstanding Outstanding Notes represented by such Global Note to reflect the conversionconversion pursuant to Section 2.01(b).

Appears in 4 contracts

Samples: Ciena Corp, Ciena Corp, Indenture (Ciena Corp)

Cancellation of Converted Notes. All Definitive Notes delivered for conversion shall be delivered to the Trustee Conversion Agent or its agent to be canceled by or at the direction of the Trustee, which shall dispose of the same as provided in Section 2.11 hereofthis Indenture. Upon conversions of beneficial interests in any Global Note, the Trustee or the Notes Custodian, at the direction of the Trustee, shall reduce the aggregate principal amount of outstanding Notes represented by such Global Note to reflect the conversionconversion pursuant to Section 2.1(b).

Appears in 2 contracts

Samples: Indenture (Ciena Corp), Change   Stock (Ciena Corp)

Cancellation of Converted Notes. All Definitive Notes delivered for conversion shall be delivered to the Trustee or its agent to be canceled by or at the direction of the Trustee, which shall dispose of the same as provided in Section 2.11 hereofthis Indenture. Upon conversions of beneficial interests in any Global Note, the Trustee or the Notes Custodian, at the direction of the Trustee, shall reduce the aggregate principal amount of outstanding Notes represented by such Global Note to reflect the conversionconversion pursuant to Section 2.1(b).

Appears in 1 contract

Samples: Indenture (Enzon Pharmaceuticals Inc)

Cancellation of Converted Notes. All Definitive Notes delivered for conversion shall be delivered to the Trustee Conversion Agent or its agent to be canceled by or at the direction of the Trustee, which shall dispose of the same as provided in Section 2.11 hereofthis Indenture. Upon conversions of beneficial interests in any Global Note, the Trustee or the Notes Custodian, at the direction of the Trustee, shall reduce the aggregate principal amount Original Principal Amount of outstanding Outstanding Notes represented by such Global Note to reflect the conversionconversion pursuant to Section 2.01(b).

Appears in 1 contract

Samples: Ciena Corp

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Cancellation of Converted Notes. All Definitive Notes delivered for conversion shall be delivered to the Trustee or its agent to be canceled by or at the direction of the Trustee, which shall dispose of the same as provided in Section 2.11 hereofthis Indenture. Upon conversions of beneficial interests in any Global Note, the Trustee or the Custodian, at the direction of the Trustee, shall reduce the aggregate principal amount of outstanding Notes represented by such Global Note to reflect the conversionconversion pursuant to Section 2.1(b).

Appears in 1 contract

Samples: First Supplemental Indenture (Global Crossing LTD)

Cancellation of Converted Notes. All Definitive Notes delivered for conversion shall be delivered to the Trustee or its agent to be canceled by or at the direction of the Trustee, which shall dispose of the same as provided in Section 2.11 hereof2.11. Upon conversions of beneficial interests in any Global Note, the Trustee or the Custodian, at the direction of the Trustee, shall reduce the aggregate principal amount of outstanding Notes represented by such Global Note to reflect the conversionconversion pursuant to Section 2.01(b).

Appears in 1 contract

Samples: Indenture (Fti Consulting Inc)

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