Common use of Transfer or Exchange Clause in Contracts

Transfer or Exchange. As provided in the Indenture and subject to certain limitations herein and therein set forth, the transfer of this Note is registerable in the Security Register, upon surrender of this Note for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest on this Note are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Notes of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. The Notes are issuable only in registered form without coupons and, except for such Notes issued in book-entry form, only in denominations of $1,000 and any integral multiple of $1,000. As provided in the Indenture and subject to certain limitations herein and therein set forth, this Note is exchangeable for a like aggregate principal amount of Notes of this series and of like tenor of a different authorized denomination, as requested by the Holder surrendering the same. No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. Prior to due presentment of this Note for registration of transfer, the Company or the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Note is registered as the owner hereof for all purposes, whether or not this Note be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

Appears in 6 contracts

Samples: Third Supplemental Indenture (Teco Energy Inc), Tampa Electric (Tampa Electric Co), Fourth Supplemental Indenture (Teco Energy Inc)

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Transfer or Exchange. As provided in the Indenture and subject to certain limitations herein and therein set forth, the transfer of this Note is registerable in the Security Register, upon surrender of this Note for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest on this Note are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Notes of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees. The Notes are issuable only in registered form without coupons and, except for such Notes issued in book-entry form, only in denominations of $1,000 2,000 and any integral multiple of $1,000. As provided in the Indenture and subject to certain limitations herein and therein set forth, this Note is exchangeable for a like aggregate principal amount of Notes of this series and of like tenor of a different authorized denomination, as requested by the Holder surrendering the same. No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. Prior to due presentment of this Note for registration of transfer, the Company or the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Note is registered as the owner hereof for all purposes, whether or not this Note be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

Appears in 2 contracts

Samples: Tampa Electric (Tampa Electric Co), Tampa Electric (Tampa Electric Co)

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Transfer or Exchange. As provided in the Indenture and subject to certain limitations herein set forth therein and therein set forthherein, the transfer of this Note is registerable registrable in the Security Register, upon surrender of this Note for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) , and any interest on this Note are payablepayable or at such other offices or agencies as the Company may designate, duly endorsed by, or accompanied by a written instrument of transfer in the form satisfactory to attached hereto, the Company and the Security Registrar or any transfer agent duly executed byexecuted, by the Holder registered owner hereof or his attorney duly authorized in writing, and thereupon one or more new Notes of this series and of like tenor, of authorized denominations and for the same aggregate principal amount, amount will be issued to the designated transferee or transferees. The Notes are issuable only in fully registered form without coupons and, except for such Notes issued in book-entry form, only in denominations of $1,000 100,000 and any integral multiple multiples of $1,0001,000 in excess thereof. As provided in the Indenture and subject to certain limitations herein set forth therein and therein set forthherein, this Note is exchangeable for a like aggregate principal amount of Notes of this series and of like tenor of a different any authorized denomination, as requested by the Holder registered owner surrendering the same. No service charge shall be made for any such registration of transfer or exchangeexchange of this Note, but but, subject to certain limitations set forth in the Indenture, the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. Prior Subject to the terms of the Indenture, prior to due presentment of this Note for registration of transfer, the Company or Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Note is registered as the owner hereof for all purposes, whether or not this Note be is overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.. REDEMPTION AND ACCELERATION

Appears in 1 contract

Samples: Indenture (Detroit Edison Co)

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