Cancellation and Destruction of Surrendered Certificates Sample Clauses

Cancellation and Destruction of Surrendered Certificates. All Certificates Surrendered to the Trustee shall be canceled by the Trustee. The Trustee is authorized to destroy Certificates so canceled.
AutoNDA by SimpleDocs
Cancellation and Destruction of Surrendered Certificates. All Trust Preferred Securities surrendered to the Trustee shall be canceled by the Trustee. Except as prohibited by applicable law or regulation, the Trustee may destroy such canceled Trust Preferred Securities or otherwise dispose of them in accordance with its usual practices.
Cancellation and Destruction of Surrendered Certificates. The Depositary shall cancel all Certificates surrendered to it and is authorized to destroy Certificates so cancelled. Cancelled Certificates shall not be entitled to any benefits under this Deposit Agreement or be valid or enforceable for any purpose.
Cancellation and Destruction of Surrendered Certificates. 11 Section 2.10 Splits and Reverse Splits of Shares. 11
Cancellation and Destruction of Surrendered Certificates. All certificates evidencing Receipts Surrendered to the Trustee shall be canceled by the Trustee. The Trustee is authorized to dispose of such certificates according to its normal operating procedures.
Cancellation and Destruction of Surrendered Certificates. All Certificates surrendered to the Grantor Trust Trustee or its designee (as applicable) shall be cancelled by the Grantor Trust Trustee or its designee (as applicable). The Grantor Trust Trustee or its designee (as applicable) is authorized to destroy Certificates so cancelled.
AutoNDA by SimpleDocs
Cancellation and Destruction of Surrendered Certificates. 9 Section 2.11.
Cancellation and Destruction of Surrendered Certificates. .. 14 Section 4.06. Surrender of Trust Preferred Securities and Withdrawal of Company Preferred Securities................................ 14 Section 4.07. Redeposit of Company Preferred Securities.................... 15 Section 4.08. Filing Proofs, Certificates and Other Information............ 16
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!