Cancellation and Destruction of Surrendered Receipts. All Receipt certificates surrendered to the Trustee shall be cancelled by the Trustee. Except as prohibited by applicable law or regulation, at any time after six years from the date of surrender of any Receipt certificate, the Trustee may destroy such cancelled Receipt certificates.
Appears in 5 contracts
Sources: Trust Agreement (Peco Energy Co), Trust Agreement (Peco Energy Capital Trust I), Trust Agreement (Peco Energy Co)