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

Cancellation and/or Adjustment of Global Securities. At such --------------------------------------------------- time as all interests in the Global Securities have been exchanged for Physical Securities, all Global Securities shall be returned to or retained and canceled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any interest in a Global Security is exchanged for an interest in another Global Security or for Physical Securities, the principal amount of Securities represented by such Global Security shall be reduced accordingly and an endorsement shall be made on such Global Security, by the Trustee to reflect such reduction.

Appears in 2 contracts

Sources: Indenture (Triton PCS Inc), Indenture (Triton PCS Holdings Inc)

Cancellation and/or Adjustment of Global Securities. At such --------------------------------------------------- ---------------------------------------------------- time as all interests in the Global Securities have been exchanged for Physical Securities, all Global Securities shall be returned to or retained and canceled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any interest in a Global Security is exchanged for an interest in another Global Security or for Physical Securities, the principal amount Principal Amount at Maturity of Securities represented by such Global Security shall be reduced accord accordingly and an endorsement shall be made on such Global Security, by the Trustee to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Frontiervision Holdings Capital Corp)

Cancellation and/or Adjustment of Global Securities. At such --------------------------------------------------- time as all beneficial interests in the Global Securities Security have either been exchanged for Physical Definitive Securities, all redeemed, repurchased or cancelled, the Global Securities Security shall be returned to or retained and canceled 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 Security is exchanged for an interest in another Global Security or for Physical Definitive Securities, redeemed, repurchased or cancelled, the aggregate principal amount of Securities represented by such Global Security shall be reduced accordingly and an endorsement shall be made on such Global Security, Security by the Trustee to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Jordan Industries Inc)

Cancellation and/or Adjustment of Global Securities. At --------------------------------------------------- such --------------------------------------------------- time as all interests in the Global Securities have been exchanged for Physical Securities, all Global Securities shall be returned to or retained and canceled by the Trustee in accordance with Section 2.11 209 hereof. At any time prior to such cancellation, if any interest in a Global Security is exchanged for an interest in another Global Security or for Physical Securities, the principal amount of Securities represented by such Global Security shall be reduced accordingly and an endorsement shall be made on such Global Security, by the Trustee to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Tultex Corp)

Cancellation and/or Adjustment of Global Securities. At such time --------------------------------------------------- time as all interests in the Global Securities have been exchanged for Physical Securities, all Global Securities shall be returned to or retained and canceled cancelled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any interest in a Global Security is exchanged for an interest in another Global Security or for Physical Securities, the principal amount of Securities represented by such Global Security shall be reduced accordingly and an endorsement shall be made on such Global Security, by the Trustee to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Pen Tab Industries Inc)

Cancellation and/or Adjustment of Global Securities. At such --------------------------------------------------- time as --------------------------------------------------- all interests in the Global Securities have been exchanged for Physical Securities, all Global Securities shall be returned to or retained and canceled by the Trustee in accordance with Section 2.11 hereof. At any time prior to such cancellation, if any interest in a Global Security is exchanged for an interest in another Global Security or for Physical Securities, the principal amount of Securities represented by such Global Security shall be reduced accordingly and an endorsement shall be made on such Global Security, by the Trustee to reflect such reduction.

Appears in 1 contract

Sources: Indenture (Triton PCS Holdings Inc)