Cancellation and Destruction of Surrendered Certificates Sample Clauses

Cancellation and Destruction of Surrendered Certificates. All Trust Preferred Securities Certificates 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 Certificates or otherwise dispose of them in accordance with its usual practices.

Cancellation and Destruction of Surrendered Certificates. 9 Section 2.11.

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 Trust Preferred Securities Certificates 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 Certificates or otherwise dispose of them in accordance with its usual practices. [IF THE COMPANY PREFERRED SECURITIES MAY BE WITHDRAWN FROM THE TRUST INSERT: Section 4.06. SURRENDER OF TRUST PREFERRED SECURITIES AND WITHDRAWAL OF COMPANY PREFERRED SECURITIES. Any Person who is the beneficial owner (an "OWNER") of the Trust Preferred Securities represented by the Global Certificates held by DTC or a successor clearing agency (the "CLEARING AGENCY") or, if a participant in the Clearing Agency is not the Owner, then as reflected in the records of a Person maintaining an account with such Clearing Agency (directly or indirectly), in accordance with the rules of such Clearing Agency, may withdraw all, but not less than all, of the Company Preferred Securities represented by such Trust Preferred Securities by providing a written notice to the Trustee, with evidence of beneficial ownership in form satisfactory to the Trustee, and providing to the Grantor such documents or information as the Grantor may request for tax reporting purposes, at the Corporate Office or at such other office as the Trustee may designate for such withdrawals, all in form satisfactory to the Trustee, in its sole discretion. The Owner's notice shall also be deemed to be such Owner's agreement to be subject to the terms of the LLC Agreement applicable to the rights of holders of the Company Preferred Securities. Within a reasonable period after such a request has been properly made, the Trustee shall instruct DTC to reduce the Trust Preferred Securities represented by the Global Certificate by the corresponding amount of the Company Preferred Securities to be so withdrawn by the withdrawing Owner. The Grantor shall issue to the withdrawing Owner a Company Preferred Securities Certificate representing the amount of the Company Preferred Securities so withdrawn. The Trustee shall not be responsible for any failure by the Grantor to issue or any delay by the Grantor in issuing any Company Preferred Securities Certificate pursuant to this Section. Any Owner who wishes to withdraw the Company Preferred Securities in accordance with this Section 4.06 shall be required to provide the Grantor with a completed Internal Revenue Service Form W-9 or W-8, as appropriate, and/or such...

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.

Cancellation and Destruction of Surrendered Certificates. 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

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.