Common use of Cancellation and Destruction Clause in Contracts

Cancellation and Destruction. The Registrar shall cancel and destroy each mutilated or defaced Note Certificate surrendered to it and in respect of which a replacement has been delivered.

Appears in 11 contracts

Sources: Paying Agency and Agent Bank Agreement, Paying Agency and Agent Bank Agreement, Paying Agency and Agent Bank Agreement (Gracechurch Receivables Trustee LTD)

Cancellation and Destruction. The Each Registrar shall cancel and destroy each mutilated or defaced Note Certificate surrendered to it and in respect of which a replacement has been delivered.

Appears in 1 contract

Sources: Agency Agreement (Turquoise Receivables Trustee LTD)