Common use of CANCELLATION OF DEBENTURES PAID, ETC Clause in Contracts

CANCELLATION OF DEBENTURES PAID, ETC. All Debentures surrendered for the purpose of payment, redemption, 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 or satisfaction of the indebtedness represented by such Debentures unless and until the same are delivered to the Trustee for cancellation.

Appears in 5 contracts

Samples: Indenture (Mentor Graphics Corp), Indenture (Mentor Graphics Corp), Mentor Graphics Corp

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CANCELLATION OF DEBENTURES PAID, ETC. All Debentures surrendered for the purpose of payment, redemption, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent or any Debenture registrar or any conversion agentregistrar, 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 After such cancellation, the Trustee shall dispose of shall, if requested by the Company, deliver such canceled Debentures in accordance with its customary proceduresto the Company. If the Company shall acquire any of the Debentures, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Debentures unless and until the same are delivered to the Trustee for cancellation.

Appears in 2 contracts

Samples: Indenture (Flowers Industries Inc /Ga), Indenture (Flowers Industries Inc /Ga)

CANCELLATION OF DEBENTURES PAID, ETC. All Debentures surrendered for the purpose of payment, redemptionrepurchase, conversion, exchange or registration of transfer or exchange, shall, if surrendered to the Company or any paying agent Paying Agent or any Debenture registrar Registrar or any conversion agentExchange 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 proceduresprocedures and, after such disposition, shall deliver a certificate of such disposition to the Company, at the Company’s written request. If the Company shall acquire any of the Debentures, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Debentures unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Liberty Media Corp)

CANCELLATION OF DEBENTURES PAID, ETC. All Debentures surrendered for the purpose of payment, redemption, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent or any Debenture registrar or any conversion agentregistrar, be surrendered to the Trustee for cancellation and promptly canceled cancelled by it, in accordance with its then customary procedures or, if surrendered to the Trustee, shall be promptly canceled cancelled by itit in accordance with its then customary procedures, and no Debentures shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Upon the written request of the Company, the Trustee shall dispose may destroy cancelled Debentures and deliver a certificate of such canceled Debentures in accordance with its customary proceduresdestruction to the Company. If the Company shall acquire any of the Debentures, however, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Debentures unless and until the same are delivered surrendered to the Trustee for cancellation.

Appears in 1 contract

Samples: Cooper Industries LTD

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CANCELLATION OF DEBENTURES PAID, ETC. All Debentures surrendered for the purpose of payment, redemptionrepurchase, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent Paying Agent or any Debenture registrar or any conversion agentConversion 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 destroy canceled Debentures in accordance with its customary proceduresprocedures and, after such destruction, shall deliver a certificate of such destruction to the Company, at the Company’s written request. If the Company shall acquire any of the Debentures, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Debentures unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Blackrock Inc /Ny

CANCELLATION OF DEBENTURES PAID, ETC. All Debentures surrendered for the purpose of payment, redemptionrepurchase, conversion, exchange or registration of transfer transfer, shall, if surrendered to the Company or any paying agent Paying Agent or any Debenture registrar or any conversion agentConversion 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 destroy canceled Debentures in accordance with its customary proceduresprocedures and, after such destruction, shall deliver a certificate of such destruction to the Company, at the Company's written request. If the Company shall acquire any of the Debentures, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Debentures unless and until the same are delivered to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Lifepoint Hospitals, Inc.)

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