Surrendered definition
Examples of Surrendered in a sentence
All Trust Certificates Surrendered to the Trust Administrator shall be canceled by the Trust Administrator.
Following any exchange of Certificates of one or more Surrendered Classes for Certificates of one or more Received Classes, the Class Percentage Interests in the Corresponding Exchangeable Upper-Tier Regular Interests that are represented by the Surrendered Classes (and consequently their related Certificate Balances or Notional Amounts) shall be decreased, and those of the Received Classes (and consequently their related Certificate Balances or Notional Amounts) shall be increased.
The Denomination of each of the Received Classes of Certificates must be equal to the Denomination of each of the Surrendered Classes of Certificates.
The notice must (i) be set forth on the applicable Certificateholder’s letterhead, (ii) carry a medallion stamp guarantee and (iii) set forth the following information: (x) the CUSIP number, outstanding Certificate Balance or Notional Amount and Original Certificate Balance or Original Notional Amount of each proposed Surrendered Class and of each proposed Received Class; (y) the Certificateholder’s DTC participant number; and (z) the proposed Exchange Date.
The Certificate Administrator shall reduce the outstanding Certificate Balance(s) or Notional Amount(s) of the Surrendered Classes, and increase the outstanding Certificate Balance(s) or Notional Amount(s) of the Received Classes, on the Certificate Register.
All Certificates Surrendered to the Administrative Trustee shall be canceled by the Administrative Trustee.
After the Option is exercised and the Property is transferred into the name of the Optionee, the Optionee shall, subject to section 14, have the unfettered right at any time to surrender all or any of the mineral claims comprising the Property (the “Surrendered Property”) by delivering a notice in writing of its intention to do so to the Optionors at least forty-five (45) days prior to the proposed surrender, such notice to list the proposed Surrendered Property.
If an Exchange Date occurs in any month before the Distribution Date in such month, then any distributions to be made on such Distribution Date on Certificates of any Surrendered Classes shall be so made to the Certificateholders of record as of the applicable Record Date for such Certificates and such Distribution Date.
Increased Conversion Rate Applicable to Certain Notes Surrendered in Connection with Make-Whole Fundamental Changes 66 Section 14.04.
For example, a Certificateholder holding Class A-S Certificates with a Denomination of $62,578,000 may surrender Class A-S Certificates with a Denomination of $31,289,000 (the Certificates of the applicable Surrendered Class) and receive in exchange Class A-S-1 Certificates with a Denomination of $31,289,000 and Class A-S-X1 Certificates with a Denomination of $31,289,000 (collectively, the Certificates of the applicable Received Classes).