Common use of Cancellation of Securities Clause in Contracts

Cancellation of Securities. All Securities surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer or any agent of the Issuer or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled by it; and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of canceled Securities held by it in accordance with the Trustee’s procedures for the disposition of cancelled securities in effect as of the date of such disposition and deliver a certificate of disposition to the Issuer. If the Issuer shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation.

Cancellation of Securities. All Securities surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer or any agent of the Issuer or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled by itit upon its receipt of a written order of cancellation executed by one Officer of the Issuer; and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of canceled cancelled Securities held by it in accordance with the Trustee’s its procedures for the disposition of cancelled securities in effect as of the date of such disposition Securities and deliver a certificate of disposition to the IssuerIssuer upon request. If the Issuer shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation.

Cancellation of Securities. All Securities surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer or any agent of the Issuer or the Trusteepaying agent, shall be delivered to the Trustee paying agent for cancellation or, if surrendered to the Trusteepaying agent, shall be cancelled canceled by it; and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee paying agent shall dispose of canceled Securities held by it in accordance with the Trusteepaying agent’s procedures for the disposition of cancelled canceled securities in effect as of the date of such disposition and and, upon prior written request, deliver a certificate of disposition to the Issuer. If the Issuer shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee paying agent for cancellation.

Cancellation of Securities. All Securities surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer or any agent of the Issuer or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled by itit upon its receipt of a written order of cancellation executed by one Officer of the Issuer; and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of canceled cancelled Securities held by it in accordance with the Trustee’s its procedures for the disposition of cancelled securities in effect as of the date of such disposition Securities and deliver a certificate of disposition to the IssuerIssuer upon written request. If the Issuer shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation.

Cancellation of Securities. All Securities paid, redeemed, exchanged, surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fundretired, if surrendered to the Issuer Company or to any agent of the Issuer or the Trusteepaying agent, shall be delivered to the Trustee for cancellation and shall be cancelled by it or, if surrendered to the Trustee, shall be cancelled by it; , and, except as otherwise provided in Sections 2.05, 2.06, 2.08, 7.02 and 15.05, no Securities shall be issued under the Indenture in lieu thereof except as expressly permitted by any of the provisions of this Indenturethereof. The Trustee shall dispose make appropriate notations in its records in respect of canceled all such Securities held by it in accordance with the Trustee’s procedures for the disposition of cancelled securities in effect as of the date of and shall destroy such disposition Securities and deliver a certificate of disposition such destruction to the IssuerCompany. If the Issuer Company shall acquire any of the Securities, however, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered surrendered to the Trustee for cancellation. The Trustee shall dispose of any Securities cancelled by it pursuant to the provisions of this Section in accordance with its then practice for disposition of securities.

Cancellation of Securities. All Securities surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of or, to extent required, following a sinking or analogous fundViability Write-Down, if surrendered to the Issuer Company, or any agent of the Issuer Company or the TrusteePaying Agent, shall be delivered to the Trustee Registrar for cancellation or, if surrendered to the TrusteePaying Agent, shall be cancelled by itthe Registrar; and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee Registrar shall dispose of canceled Securities held by it in accordance with the Trustee’s its procedures for the disposition of cancelled securities in effect as of the date of such disposition and and, upon receipt of a written request from the Company, deliver a certificate of disposition to the IssuerCompany. If the Issuer Company shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee Registrar for cancellation. Upon any Viability Notice being given to the Paying Agent, the Paying Agent and the Registrar shall effect such cancellation.

Cancellation of Securities. All Securities paid, redeemed, exchanged, surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fundretired, if surrendered to the Issuer Company or to any agent of the Issuer or the Trusteepaying agent, shall be delivered to the Trustee for cancellation and shall be cancelled by it or, if surrendered to the Trustee, shall be cancelled by it; , and, except as otherwise provided in 71 Sections 2.05, 2.06, 2.08, 7.02 and 15.05, no Securities shall be issued under the Indenture in lieu thereof except as expressly permitted by any of the provisions of this Indenturethereof. The Trustee shall dispose make appropriate notations in its records in respect of canceled all such Securities held by it in accordance with the Trustee’s procedures for the disposition of cancelled securities in effect as of the date of and shall destroy such disposition Securities and deliver a certificate of disposition such destruction to the IssuerCompany. If the Issuer Company shall acquire any of the Securities, however, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered surrendered to the Trustee for cancellation. The Trustee shall dispose of any Securities cancelled by it pursuant to the provisions of this Section in accordance with its then practice for disposition of securities.

Cancellation of Securities. All Securities surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer or any agent of the Issuer or the Trusteepaying agent, shall be delivered to the Trustee paying agent for cancellation or, if surrendered to the Trusteepaying agent, shall be cancelled canceled by it; and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Subordinated Indenture. The Trustee paying agent shall dispose of canceled Securities held by it in accordance with the Trusteepaying agent’s procedures for the disposition of cancelled canceled securities in effect as of the date of such disposition and and, upon prior written request, deliver a certificate of disposition to the Issuer. If the Issuer shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee paying agent for cancellation.

Cancellation of Securities. All Securities surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer Company or any agent of the Issuer Company or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled by it; and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of canceled Securities held by it in accordance with the Trustee’s procedures for the disposition of cancelled securities in effect as of the date of such disposition and deliver a certificate of disposition to the Issuer. If the Issuer Company shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation. All cancelled Securities held by the Trustee shall be disposed of by the Trustee in accordance with its customary procedures (or destroyed) and certification of their disposal shall be delivered to the Company unless the Company directs that cancelled Securities be returned to it.

Cancellation of Securities. All Securities surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer or any agent of the Issuer or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled by itit upon its receipt of a written order of cancellation executed by two officers of the Issuer; and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of canceled cancelled Securities held by it in accordance with the Trustee’s its procedures for the disposition of cancelled securities in effect as of the date of such disposition Securities and deliver a certificate of disposition to the IssuerIssuer upon request. If the Issuer shall acquire any of the Securities, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation.

Cancellation of Securities. All Securities surrendered for payment, redemption, registration of transfer or exchange, or for credit against any payment in respect of a sinking or analogous fundfund and all Coupons surrendered for payment or exchange, shall, if surrendered to the Issuer Company or any agent of the Issuer Company or either of the TrusteeTrustees, shall be delivered to either of the Trustee Trustees for cancellation or, if surrendered to either of the TrusteeTrustees, shall be cancelled by itsuch Trustee; and no Securities or Coupons shall be issued in lieu thereof thereof, except as expressly permitted by any of the provisions of this Indenture. The A Trustee shall dispose of canceled cancelled Securities held by it in accordance with the Trustee’s procedures for the disposition of cancelled securities in effect as of the date of such disposition and deliver a certificate of disposition to the Issuerits customary procedures. If the Issuer Company shall acquire any of the SecuritiesSecurities and Coupons, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Securities and Coupons unless and until the same are delivered to the a Trustee for cancellation.