Common use of Surrender of Notes for Cancellation Clause in Contracts

Surrender of Notes for Cancellation. If the principal moneys due upon any Notes shall become payable by redemption or otherwise before the maturity date, the Person presenting such Notes for payment must surrender the same for cancellation, the Issuer nevertheless paying or causing to be paid the interest accrued and unpaid thereon in accordance with the terms of such Notes (computed on a per diem basis if the date fixed for payment is not a scheduled interest payment date).

Appears in 2 contracts

Samples: Emera Inc, Emera Inc

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Surrender of Notes for Cancellation. If the principal moneys due upon any Notes Note shall become payable by redemption or otherwise before the maturity dateMaturity Date, the Person presenting such Notes Note for payment must surrender the same for cancellation, the Issuer Corporation nevertheless paying or causing to be paid the interest accrued and unpaid thereon in accordance with the terms of such Notes (computed on a per diem basis if the date fixed for payment is not a scheduled an interest payment date).

Appears in 2 contracts

Samples: Note Indenture (Crystallex International Corp), Crystallex International Corp

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Surrender of Notes for Cancellation. 3.7 If the principal moneys due upon any Notes Note issued hereunder shall become payable by redemption or otherwise before the date of maturity datethereof, the Person person presenting such Notes Note for payment must surrender the same for cancellation, the Issuer Corporation nevertheless paying or causing to be paid the interest accrued and unpaid thereon in accordance with the terms of such Notes (computed on a per diem basis if the date fixed for payment is not a scheduled an interest payment due date).. Conversion on Receipt of Notice

Appears in 1 contract

Samples: Loan Agreement (Imagis Technologies Inc)

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