Physical Securities. If any Securities in a denomination greater than $1,000 shall be surrendered for partial exchange, the Company shall execute and the Trustee shall authenticate and deliver to the Holder of the Securities so surrendered, without charge, new Securities in authorized denominations in an aggregate principal amount equal to the unexchanged portion of the surrendered Securities and having a notation of the Guarantee of the Guarantor endorsed thereon.
Appears in 4 contracts
Samples: PennyMac Mortgage Investment Trust, Supplemental Indenture (PennyMac Mortgage Investment Trust), PennyMac Mortgage Investment Trust
Physical Securities. If any Physical Securities in a denomination greater than $1,000 shall be surrendered for partial exchangeconversion, the Company shall execute and the Trustee shall authenticate and deliver to the Holder of the Securities so surrendered, without charge, new Securities in authorized denominations in an aggregate principal amount equal to the unexchanged unconverted portion of the surrendered Securities and having a notation of the Guarantee of the Guarantor endorsed thereonSecurities.
Appears in 4 contracts
Samples: Indenture (Arbor Realty Trust Inc), Indenture (Arbor Realty Trust Inc), Indenture (Arbor Realty Trust Inc)
Physical Securities. If any Securities in a denomination greater than $1,000 shall be surrendered for partial exchangeconversion, the Company shall execute and the Trustee shall authenticate and deliver to the Holder of the Securities so surrendered, without charge, new Securities in authorized denominations in an aggregate principal amount equal to the unexchanged unconverted portion of the surrendered Securities and having a notation of the Guarantee of the Guarantor endorsed thereonSecurities.
Appears in 3 contracts
Samples: Mfa Financial (Mfa Financial, Inc.), Supplemental Indenture (Granite Point Mortgage Trust Inc.), Granite Point Mortgage Trust Inc.