Common use of Cancellation of Notes Paid, Converted, Etc Clause in Contracts

Cancellation of Notes Paid, Converted, Etc. Section 2.10 of the Base Indenture shall be superseded by this Section 2.07, and any reference in the Base Indenture to such Section 2.10 thereof shall be deemed to refer instead to this Section 2.07. The Issuer shall cause all Notes surrendered for the purpose of payment, repurchase, redemption, registration of transfer or exchange or conversion (for the avoidance of doubt, other than pursuant to Section 14.12), if surrendered to any Person other than the Trustee (including any of the Issuer’s agents, Subsidiaries or Affiliates), to be surrendered to the Trustee for cancellation. All Notes delivered to the Trustee shall be canceled promptly by it, and except for Notes surrendered for registration of transfer or exchange, no Notes shall be authenticated in exchange thereof except as expressly permitted by any of the provisions of the Indenture. The Trustee shall dispose of cancelled Notes in accordance with its customary procedures and the record retention requirements of applicable securities laws. Upon request, the Trustee shall certify to the Issuer as to such cancellation.

Appears in 4 contracts

Samples: First Supplemental Indenture (Intercept Pharmaceuticals, Inc.), Security Agreement (Intercept Pharmaceuticals, Inc.), Security Agreement (Intercept Pharmaceuticals, Inc.)

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Cancellation of Notes Paid, Converted, Etc. Section 2.10 of the Base Indenture shall be superseded by this Section ‎Section 2.07, and any reference in the Base Indenture to such Section 2.10 thereof shall be deemed to refer instead to this Section ‎Section 2.07. The Issuer shall cause all Notes surrendered for the purpose of payment, repurchase, redemption, registration of transfer or exchange or conversion (for the avoidance of doubt, other than pursuant to Section 14.12)conversion, if surrendered to any Person other than the Trustee (including any of the Issuer’s agents, Subsidiaries or Affiliates), to be surrendered to the Trustee for cancellation. All Notes delivered to the Trustee shall be canceled promptly by it, and except for Notes surrendered for registration of transfer or exchange, no Notes shall be authenticated in exchange thereof except as expressly permitted by any of the provisions of the Indenture. The Trustee shall dispose of cancelled Notes in accordance with its customary procedures and the record retention requirements of applicable securities laws. Upon request, the Trustee shall certify to the Issuer as to such cancellation.

Appears in 1 contract

Samples: First Supplemental Indenture (Intercept Pharmaceuticals Inc)

Cancellation of Notes Paid, Converted, Etc. Section 2.10 3.10 of the Base Indenture shall be superseded by not apply to the Notes. Instead, the provisions of this Section 2.072.09 shall, with respect to the Notes, supersede in its entirety Section 3.10 of the Base Indenture and any reference all references in the Base Indenture to such Section 2.10 3.10 thereof shall be deemed deemed, for the purposes of the Notes, to refer instead be references to this Section 2.072.09. The Issuer Company, Note Registrar, Paying Agent and Conversion Agent (if other than the Trustee) shall cause all Notes surrendered to them by Holders for the purpose of payment, repurchase, redemptionrequired purchase, registration of transfer or exchange or conversion (for the avoidance of doubt, other than pursuant to Section 14.12), if surrendered to any Person other than the Trustee (including any of the Issuer’s agents, Subsidiaries or Affiliates), to be surrendered to the Trustee for cancellation. All Notes delivered to the Trustee shall be canceled promptly by it, and except for Notes surrendered for registration of transfer or exchange, no Notes shall be authenticated in exchange thereof except as expressly permitted by any of the provisions of the Indenture. The Trustee shall dispose of cancelled canceled Notes in accordance with its customary procedures and the record retention requirements and, after such disposition, shall deliver a certificate of applicable securities laws. Upon request, the Trustee shall certify such disposition to the Issuer as to such cancellationCompany, at the Company’s written request in a Company Order.

Appears in 1 contract

Samples: Second Supplemental Indenture (Trinity Capital Inc.)

Cancellation of Notes Paid, Converted, Etc. Section 2.10 3.09 of the Base Indenture shall shall, with respect to the Notes, be superseded in its entirety by this Section 2.07, and any reference in the Base Indenture to such Section 2.10 thereof shall 3.09 shall, with respect to the Notes, be deemed to refer instead to this Section 2.07, as the context may require. The Issuer Company shall cause all Notes surrendered for the purpose of payment, repurchase, redemption, registration of transfer or exchange or conversion (for the avoidance of doubt, other than pursuant to Section 14.12)conversion, if surrendered to any Person other than the Trustee (including any of the IssuerCompany’s agents, Subsidiaries Subsidiaries, Consolidated Affiliated Entities or Affiliates), to be delivered and surrendered to the Trustee for cancellation. All Notes delivered to the Trustee shall be canceled promptly by it, and except for Notes surrendered for registration of transfer or exchange, no Notes shall be authenticated in exchange thereof except as expressly permitted by any of the provisions of the Indenture. The Trustee shall dispose of cancelled all canceled Notes held by it in accordance with its customary procedures and, after such disposition, shall deliver a certificate of such cancellation and the record retention requirements of applicable securities laws. Upon request, the Trustee shall certify disposition to the Issuer as to such cancellationCompany, at the Company’s written request in a Company Order.

Appears in 1 contract

Samples: Supplemental Indenture (Sea LTD)

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Cancellation of Notes Paid, Converted, Etc. Section 2.10 3.09 of the Base Indenture shall shall, with respect to the Notes, be superseded in its entirety by this Section ‎Section 2.07, and any reference in the Base Indenture to such Section 2.10 thereof shall section 3.09 shall, with respect to the Notes, be deemed to refer instead to this Section ‎Section 2.07, as the context may require. The Issuer Company shall cause all Notes surrendered for the purpose of payment, repurchase, redemption, registration of transfer or exchange or conversion (for the avoidance of doubt, other than pursuant to Section 14.12)conversion, if surrendered to any Person other than the Trustee (including any of the IssuerCompany’s agents, Subsidiaries Subsidiaries, Consolidated Affiliated Entities or Affiliates), to be delivered and surrendered to the Trustee for cancellation. All Notes delivered to the Trustee shall be canceled promptly by it, and except for Notes surrendered for registration of transfer or exchange, no Notes shall be authenticated in exchange thereof except as expressly permitted by any of the provisions of the Indenture. The Trustee shall dispose of all cancelled Notes held by it in accordance with its customary procedures and, after such disposition, shall deliver a certificate of such cancellation and the record retention requirements of applicable securities laws. Upon request, the Trustee shall certify disposition to the Issuer as to such cancellationCompany, at the Company’s written request in a Company Order.

Appears in 1 contract

Samples: First Supplemental Indenture (iQIYI, Inc.)

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