Cancellation of Debentures Sample Clauses

Cancellation of Debentures. (a) All Debentures surrendered for payment of the final amount required to be paid thereon, or that have been surrendered to the Trustee for registration of exchange or transfer or surrendered in connection with a conversion or purchase by the Corporation in accordance with the terms of this Indenture, shall be promptly cancelled by the Trustee on receipt. The Trustee shall give prompt written notice to the Corporation of the particulars of any Debentures cancelled by it upon its request for this information, and the Corporation shall pay the Trustee’s reasonable fees in connection therewith.
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Cancellation of Debentures. All Debentures surrendered for the purpose of payment, redemption, repurchase, conversion, exchange or registration of transfer shall, if surrendered to the Company or any Paying Agent or any Debenture Registrar or any Conversion Agent, be surrendered to the Trustee and promptly canceled by it, or, if surrendered to the Trustee, shall be promptly canceled by it, and no Debentures shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of such canceled Debentures in accordance with its customary procedures. If the Company shall acquire any of the Debentures, such acquisition shall not operate as a redemption, repurchase or satisfaction of the indebtedness represented by such Debentures unless and until the same are delivered to the Trustee for cancellation.
Cancellation of Debentures. All Debentures redeemed and all Debentures purchased under this Article 3 shall forthwith be delivered to the Trustee and shall be cancelled by it and no Debentures shall be issued in substitution therefor.
Cancellation of Debentures. All Debentures delivered for exchange shall be delivered by the Exchange Agent to the Trustee and be canceled by the Trustee, and the Trustee shall dispose of the same as provided in Section 309 of the Indenture.
Cancellation of Debentures. Subject to compliance with applicable law and Section 4.7, all Debentures redeemed or acquired in whole or in part by the Issuer under the provisions of this Article shall be forthwith delivered to and cancelled by the Debenture Trustees at the principal office of the Canadian Debenture Trustee in Montreal, Québec, and no Debentures shall be issued in substitution thereof.
Cancellation of Debentures. If this Debenture is surrendered to the Company for the purpose of payment, transfer or exchange, it shall be canceled by the Company, and no Debentures shall be issued in lieu hereof except as expressly required or permitted by this Debenture.
Cancellation of Debentures. Upon the Company’s acceptance of this subscription and exchange and upon the issuance of the Shares, and, in consideration of such issuance, the Debenture(s) shall be deemed to be fully satisfied and of no further force or effect. The Debenture(s) are hereby, effective as of the issuance of the Shares, deemed to be cancelled in their entirety.
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Cancellation of Debentures. All Debentures converted as aforesaid shall be void and shall be cancelled. All Debentures from time to time converted as aforesaid shall be cancelled by the Trustee forthwith upon delivery of such Debentures to it and, subject to Section 4.03, no Debenture shall be issued in substitution therefor.
Cancellation of Debentures. All Debentures surrendered for the purpose of payment, redemption, repurchase, exchange or registration of transfer shall, if surrendered to the Issuer or any paying agent to whom Debentures may be presented for payment (the “Paying Agent”) or Exchange Agent, which shall initially be the Trustee, or any Debenture Registrar, be surrendered to the Trustee and promptly canceled by it or, if surrendered to the Trustee, shall be promptly canceled by it and no Debentures shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of such canceled Debentures in accordance with its customary procedures. If the Issuer shall acquire any of the Debentures, such acquisition shall not operate as a redemption, repurchase or satisfaction of the indebtedness represented by such Debentures unless and until the same are delivered to the Trustee for cancellation.
Cancellation of Debentures. Subject to the provisions of Sections 5.2 and 5.5 as to Debentures redeemed or purchased in part, all Debentures redeemed or purchased in whole or in part by the Corporation shall not be reissued or resold and shall be forthwith delivered to and cancelled by either Trustee, and no Debentures of the same Series shall be issued in substitution therefor.
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