Common use of Cancellation of Securities Paid, etc Clause in Contracts

Cancellation of Securities Paid, etc. All Securities surrendered for the purpose of payment, redemption, registration of transfer, conversion or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer, any Security registrar, any paying agent, any conversion agent, or any other agent of the Issuer or any agent of the Trustee, shall be delivered to the Trustee and promptly canceled by it or, if surrendered to the Trustee, shall be promptly 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 shall dispose of such canceled Securities in its customary manner. 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.

Appears in 6 contracts

Samples: Newmont (Newmont Mining Corp /De/), Newmont (Newmont Mining Corp /De/), Newmont (Newmont Usa LTD)

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Cancellation of Securities Paid, etc. All Securities surrendered for the purpose of payment, redemption, registration of transfer, conversion or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer, any Security registrar, any paying agent, any conversion agent, the Conversion Agent or any other agent of the Issuer or any agent of the Trustee, shall be delivered to the Trustee and promptly canceled by it or, if surrendered to the Trustee, shall be promptly 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 shall dispose of such deliver canceled Securities in its customary mannerto 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.

Appears in 5 contracts

Samples: Indenture (Ahold Finance Usa Inc), Indenture (Ahold Finance Usa Inc), Royal Ahold

Cancellation of Securities Paid, etc. All Securities surrendered for the purpose of payment, redemption, exchange or registration of transfer, conversion or exchange, or for credit against any payment in respect of a sinking or analogous fundtransfer shall, if surrendered to the Issuer, any Security registrar, any paying agent, any conversion agent, or any other agent of the Issuer Corporation or any agent for exchange and registration of the Trusteetransfer, shall be delivered surrendered to the Trustee for cancellation and promptly canceled cancelled by it it, or, if surrendered to the Trustee, shall be promptly canceled 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 such canceled Securities cancelled securities in its customary manner. If the Issuer Corporation 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.

Appears in 5 contracts

Samples: Indenture (Baltimore Gas & Electric Co), Baltimore Gas and Electric Company (Atlantic City Electric Co), Consolidation, Merger and Sale (Baltimore Gas & Electric Co)

Cancellation of Securities Paid, etc. All Securities surrendered for the purpose of payment, redemption, exchange or registration of transfer, conversion or exchange, or for credit against any payment in respect of a sinking or analogous fundshall, if surrendered to the IssuerCompany, any Security registrar, the Guarantor or any paying agent, any conversion agent, or any other agent of the Issuer or any agent of the Trustee, shall be delivered surrendered to the Trustee and promptly canceled cancelled by it it, or, if surrendered to the TrusteeTrustee or any Authenticating Agent, shall be promptly canceled cancelled by it; , and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. All Securities cancelled by any Authenticating Agent shall be delivered to the Trustee. The Trustee shall dispose of such canceled all cancelled Securities in accordance with its customary mannerprocedures. 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.

Appears in 4 contracts

Samples: Indenture (Countrywide Home Loans Inc), Indenture (Countrywide Financial Corp), Countrywide Home Loans Inc

Cancellation of Securities Paid, etc. All Securities surrendered for the purpose of payment, redemption, exchange or registration of transfer, conversion or exchange, transfer or for credit against any payment in respect lieu of a sinking or analogous fundretiring Funded Debt pursuant to Section 3.06 shall, if surrendered to the Issuer, any Security registrar, Company or any paying agent, any conversion agent, or any other agent of the Issuer or any agent of the Trustee, shall be delivered surrendered to the Trustee and promptly canceled cancelled by it it, or, if surrendered to the TrusteeTrustee or any Authenticating Agent, shall be promptly canceled cancelled by it; , and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. All Securities cancelled by any Authenticating Agent shall be delivered to the Trustee. The Trustee shall dispose destroy cancelled Securities and shall deliver a certificate of such canceled Securities in its customary mannerdestruction to the Company. 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. ARTICLE THREE.

Appears in 2 contracts

Samples: Masco Corp /De/, Masco Corp /De/

Cancellation of Securities Paid, etc. All Securities surrendered for the purpose of payment, redemption, exchange or registration of transfer, conversion or exchange, or for credit against any payment in respect of a sinking or analogous fundshall, if surrendered to the Issuer, any Security registrar, Corporation or any paying agent, any conversion agent, or any other agent of the Issuer or any agent of the Trustee, shall be delivered surrendered to the Debt Trustee and promptly canceled by it it, or, if surrendered to the TrusteeDebt Trustee or any Authenticating Agent, shall be promptly canceled by it; , and no Securities shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. All Securities canceled by any Authenticating Agent shall be delivered to the Debt Trustee. The Debt Trustee shall dispose destroy canceled Securities and shall deliver a certificate of such canceled Securities in its customary mannerdestruction to the Corporation. If the Issuer Corporation 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 Debt Trustee for cancellation.

Appears in 2 contracts

Samples: Indenture (General Motors Corp), Indenture (General Motors Capital Trust D)

Cancellation of Securities Paid, etc. All Securities ------------------------------------- surrendered for the purpose of payment, redemption, registration of transfer, conversion or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer, any Security registrar, any paying agent, any conversion agent, or any other agent of the Issuer or any agent of the Trustee, shall be delivered to the Trustee and promptly canceled by it or, if surrendered to the Trustee, shall be promptly 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 shall dispose of destroy such canceled Securities in its customary mannerand deliver a certificate with respect to such destruction 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.

Appears in 2 contracts

Samples: Newmont Gold Co, Newmont Gold Co

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Cancellation of Securities Paid, etc. All Securities surrendered for the purpose of payment, redemption, registration of transfer, conversion transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer, any Security registrarRegistrar, any paying agent, any conversion agent, agent or any other agent of the Issuer or any agent of the Trustee, shall be delivered to the Trustee and promptly canceled by it or, if surrendered to the Trustee, shall be promptly 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 shall dispose of such destroy canceled Securities in its customary mannerheld by it and deliver a certificate of destruction to the Issuer. If the Issuer or the Guarantor 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.

Appears in 2 contracts

Samples: Indenture (Textron Financial Canada Funding Corp), Textron Financial Canada Funding Corp

Cancellation of Securities Paid, etc. All Securities surrendered for the purpose of payment, redemption, registration of transfer, conversion transfer or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer, any Security registrarRegistrar, any paying agent, any conversion agent, agent or any other agent of the Issuer or any agent of the Trustee, shall be delivered to the Trustee and promptly canceled by it or, if surrendered to the Trustee, shall be promptly 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 shall dispose of such destroy canceled Securities in its customary mannerheld by it and deliver a certificate of destruction 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.of

Appears in 1 contract

Samples: Textron Financial Corp

Cancellation of Securities Paid, etc. All Securities surrendered for the purpose of payment, redemption, registration of transfer, conversion or exchange, or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer, any Security registrar, any paying agent, any conversion agent, or any other agent of the Issuer or any agent of the Trustee, shall be delivered to the Trustee and promptly canceled by it or, if surrendered to the Trustee, shall be promptly 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 shall dispose of destroy such canceled Securities in its customary mannerand deliver a certificate with respect to such destruction 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.

Appears in 1 contract

Samples: Newmont Mining Corp

Cancellation of Securities Paid, etc. All Securities surrendered for the purpose of payment, redemption, repayment, exchange or registration of transfer, conversion or exchange, transfer or for credit against any payment in respect of a sinking or analogous fundfund shall, if surrendered to the IssuerCompany, any Security registrarRegistrar, any paying agent, any conversion agent, agent or any other agent of the Issuer Company or any agent of the Trustee, shall be delivered to the Trustee and promptly canceled cancelled by it it, or, if surrendered to the Trustee, shall be promptly canceled 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 may dispose of such canceled cancelled Securities in accordance with its customary mannerprocedures and deliver a certificate of such disposition to the Company or, at the written request of the Company, shall deliver cancelled Securities to the Company. 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 to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (WPX Energy, Inc.)

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