Common use of Cancellation and/or Adjustment of Global Notes Clause in Contracts

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 5 contracts

Sources: Indenture (Musicland Stores Corp), Indenture (Foamex International Inc), Indenture (Alliance Gaming Corp)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 4 contracts

Sources: Indenture (Allbritton Communications Co), Indenture (Foamex Capital Corp), Indenture (Casino Magic of Louisiana Corp)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have either been exchanged for Definitive Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereofTrustee. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 4 contracts

Sources: Indenture (Consoltex Inc/ Ca), Indenture (Apparel Retailers Inc), Indenture (Consoltex Usa Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Certificated Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive an interest in another Global Note or for Certificated Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 4 contracts

Sources: Indenture (Wavetek U S Inc), Indenture (Station Casinos Inc), Indenture (Station Casinos Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in the Global Notes Note have either been exchanged for Definitive Notes, redeemed, repurchased or cancelled, all the Global Notes Note shall be returned to (or retained by) and cancelled by the Trustee in accordance with Section 2.11 hereofTrustee. At any time prior to such cancellation, if any beneficial interest in a the Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the aggregate principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, Note by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 3 contracts

Sources: Indenture (Dimac Holdings Inc), Securities Purchase Agreement (DMW Worldwide Inc), Indenture (Louisiana Casino Cruises Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in a particular Global Notes Note have been exchanged for Definitive Notes, Notes or a particular Global Note has been redeemed, repurchased or cancelledcancelled in whole and not in part, all each such Global Notes Note shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note or for Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, Note by the Trustee or by the Notes Custodian, Depositary at the direction of the Trustee, Trustee to reflect such reduction.

Appears in 3 contracts

Sources: Indenture (Finlay Fine Jewelry Corp), Indenture (Finlay Enterprises Inc /De), Indenture (Finlay Fine Jewelry Corp)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, all Global Notes shall be returned to or retained and cancelled canceled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 2 contracts

Sources: Indenture (Pillowtex Corp), Indenture (WHX Corp)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive NotesCertificated Securities, or are redeemed, repurchased or cancelledcanceled, all Global Notes shall be returned to or retained and cancelled canceled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive NotesCertificated Securities, or are redeemed, repurchased or cancelledcanceled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 2 contracts

Sources: Indenture (Printpack Inc), Indenture (Printpack Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, all Global Notes shall be returned surrendered to or retained and cancelled by the Trustee in accordance with Section 2.11 hereofSECTION 2.11. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly by adjustments made on the records of the Trustee and the Depository and further reflected by an endorsement shall be made on a schedule to such Global Note, Note by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 2 contracts

Sources: Indenture (Ram Energy Inc/Ok), Indenture (Ram Energy Inc/Ok)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in any Global Notes have Note has been exchanged for Definitive Notes, redeemed, repurchased or cancelled, all such Global Notes Note shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 2 contracts

Sources: Indenture (Supermarket Cigarette Sales Inc), Indenture (Jitney Jungle Stores of America Inc /Mi/)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, all Global Notes shall be returned to or retained and cancelled canceled by the Trustee or its agent in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 2 contracts

Sources: Indenture (Orbital Imaging Corp), Indenture (Orbital Imaging Corp)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof2.11. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 2 contracts

Sources: Indenture (Gfsi Inc), Indenture (Gfsi Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in a particular Global Notes Note have been exchanged for Definitive Notes, Notes or a particular Global Note has been redeemed, repurchased or cancelledcanceled in whole and not in part, all each such Global Notes shall Note will be returned to or retained and cancelled canceled by the Trustee in accordance with Section 2.11 2.10 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the form of a Definitive Notes, redeemed, repurchased or cancelledNote, the principal amount of Notes represented by such Global Note shall will be reduced accordingly and an endorsement shall will be made on such Global Note, Note by the Trustee or by the Notes Custodian, Depositary at the direction of the Trustee, Trustee to reflect such reduction.

Appears in 2 contracts

Sources: Indenture (Wolverine Tube Inc), Indenture (Wt Holding Company, Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee or its agent in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 2 contracts

Sources: Indenture (Cinemark Usa Inc /Tx), Indenture (Cinemark Usa Inc /Tx)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in a particular Global Notes Note have been exchanged for Definitive Notes, Notes or a particular Global Note has been redeemed, repurchased or cancelledcanceled in whole and not in part, all each such Global Notes Note shall be returned to or retained and cancelled canceled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the form of Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, Note by the Trustee or by the Notes Custodian, Note Custodian at the direction of the Trustee, Trustee to reflect such reduction.

Appears in 2 contracts

Sources: Indenture (Criimi Mae Inc), Indenture (Criimi Mae Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased or cancelled, all Global Notes shall will be returned to or retained and cancelled by the Trustee or its agent in accordance with Section 2.11 2.12 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall will be reduced accordingly and an endorsement shall will be made on such Global Note, by the Trustee or the Notes Note Custodian, at the written direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Claxson Interactive Group Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have either been exchanged for Definitive Notes, redeemed, repurchased or cancelled, cancelled all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereofTrustee. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (SFC New Holdings Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 2.10 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Mark Iv Industries Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive NotesCertificated Securities, redeemed, or are repurchased or cancelledcanceled, all Global Notes shall be returned to or retained and cancelled canceled by the Trustee in accordance with Section 2.11 2.12 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive NotesCertificated Securities, redeemed, or are repurchased or cancelledcanceled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (United Community Banks Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in a Global Notes Note have either been exchanged for Definitive Notes, redeemed, repurchased or cancelled, all such Global Notes Note shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereofTrustee. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Astor Corp)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes of a series have been exchanged for Definitive Certificated Notes, redeemed, repurchased or cancelled, all Global Notes of such series shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 2.12 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Certificated Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Subordinated Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Envirosource Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, all Global Notes shall be returned to or retained and cancelled canceled by the Trustee in accordance with Section 2.11 hereof2.11. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, the principal amount of Senior Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Motors & Gears Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive NotesCertificated Securities, redeemed, or are repurchased or cancelledcanceled, all Global Notes shall be returned to or retained and cancelled canceled by the Trustee in accordance with Section 2.11 2.12 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive NotesCertificated Securities, redeemed, or any Global Note is repurchased or cancelledcanceled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (United Community Banks Inc)

Cancellation and/or Adjustment of Global Notes. At such time as ---------------------------------------------- all beneficial interests in the Global Notes Note have either been exchanged for Definitive Notes, redeemed, repurchased or cancelled, all the Global Notes Note shall be returned to (or retained by) and cancelled by the Trustee in accordance with Section 2.11 hereofTrustee. At any time prior to such cancellation, if any beneficial interest in a the Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the aggregate principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, Note by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Majestic Star Casino LLC)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in a particular Global Notes Note have been exchanged for Definitive Notes, Notes or a particular Global Note has been redeemed, repurchased or cancelledcanceled in whole and not in part, all each such Global Notes shall Note will be returned to or retained and cancelled canceled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the form of Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall will be reduced accordingly and an endorsement shall will be made on such Global Note, Note by the Trustee or by the Notes Custodian, Depositary at the direction of the Trustee, Trustee to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Valassis Communications Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in the Global Notes have been exchanged for Definitive Certificated Notes, redeemed, repurchased or cancelledcanceled, all the Global Notes shall be returned to or retained and cancelled canceled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a the Global Note Notes is exchanged for Definitive an interest in Certificated Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such the Global Note Notes shall be reduced accordingly and an endorsement shall be made on such the Global NoteNotes, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Encore Industries Inc /Ga)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in a Global Notes Note have either been exchanged for Definitive NotesNotes of the same issue, redeemed, repurchased or cancelled, all the Global Notes Note shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereofTrustee. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive NotesNotes of the same issue, redeemed, repurchased or cancelled, the aggregate principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, Note by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Piccadilly Cafeterias Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in the Global Notes have been exchanged for Definitive certificated Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 2.13 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive certificated Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Exhibit (Check Mart of New Mexico Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Certificated Notes, redeemed, repurchased or cancelledcanceled, all Global Notes shall be returned to or retained and cancelled canceled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive an interest in another Global Note or for Certificated Notes, redeemed, repurchased or cancelledcanceled, the principal amount of Senior Subordinated Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (JCS Realty Corp)

Cancellation and/or Adjustment of Global Notes. At such time ---------------------------------------------- as all beneficial interests in the Global Notes Note have either been exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, all the Global Notes Note shall be returned to (or retained by) and cancelled canceled by the Trustee in accordance with Section 2.11 hereofTrustee. At any time prior to such cancellation, if any beneficial interest in a the Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, the aggregate principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, Note by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Airtran Holdings Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Certificated Secured Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest interest in a Global Note is exchanged for Definitive Certificated Secured Notes, redeemed, repurchased or cancelled, the principal amount of Secured Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Secured Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Pride International Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, all Global Notes shall be returned to or retained and cancelled canceled by the Trustee or its agent in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.reduced

Appears in 1 contract

Sources: Indenture (Highwaymaster Corp)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Senior Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Adelphia Communications Corp)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in a Global Notes Note have either been exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, all such Global Notes Note shall be returned to or retained and cancelled canceled by the Trustee in accordance with Section 2.11 hereofTrustee. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global NoteNote (or the principal amount of such Global Note shall otherwise be reduced in accordance with standard practices of the Note Custodian and the Depositary), by the Trustee or the Notes Note Custodian, at the direction of the Trustee, Trustee to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Nortek Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have either been exchanged for Definitive Notes, redeemed, repurchased Certificated Notes or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereofTrustee. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased Certificated Notes or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Jefferies Group Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in the Global Notes have been exchanged for Definitive Certificated Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive an interest in another Global Note or for Certificated Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Prime Foods Development Corp)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in the Global Notes Note have either been exchanged for Definitive Notes, redeemed, repurchased or cancelled, all the Global Notes Note shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereofTrustee. At any time prior to such cancellation, if any beneficial interest in a the Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the aggregate principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, Note by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Archibald Candy Corp)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, all Global Notes shall be returned to or retained and cancelled canceled by the Trustee in accordance with Section 2.11 2.10 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelledcanceled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Hutchinson Technology Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased Notes or cancelledhave been redeemed or repurchased, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for an interest in another Global Note or for Definitive Notes, redeemed, repurchased Notes or cancelledredeemed or repurchased, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Advanced Medical Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes of a Class have either been exchanged for Definitive NotesNotes for such Class, redeemed, repurchased or cancelled, all Global Notes of such Class shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereofIndenture Trustee. At any time prior to such cancellation, if any beneficial interest in a Global Note of such Class is exchanged for Definitive NotesNotes of such Class, redeemed, repurchased or cancelled, the principal amount of Mortgage Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Indenture Trustee or the Notes Note Custodian, at the direction of the Indenture Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Golden State Petro Iom I B PLC)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 2.10 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Mark Iv Industries Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Certificated Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Certificated Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Air Rental Supply Inc)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes of a series have been exchanged for Definitive Certificated Secured Notes, redeemed, repurchased or cancelled, all Global Notes of such series shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Certificated Secured Notes, redeemed, repurchased or cancelled, the principal amount of Secured Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Secured Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (R&b Falcon Corp)

Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in Global Notes have been exchanged for Definitive Certificated Notes, redeemed, repurchased or cancelled, all Global Notes shall be returned to or retained and cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for Definitive Certificated Notes, redeemed, repurchased or cancelled, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note, by the Trustee or the Notes Note Custodian, at the direction of the Trustee, to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Shop Vac Corp)