Common use of Cancellation by Issuer Clause in Contracts

Cancellation by Issuer. If the Issuer or any of its Subsidiaries purchases any of its Notes for cancellation, the Issuer shall provide the Issuing and Paying Agent instructions in the form agreed to by the Issuing and Paying Agent confirming the details of the Notes to be purchased. The Issuer shall provide the instructions to the Issuing and Paying Agent no later than two (2) Business Days prior to the date on which the Notes are intended to be purchased and cancelled. Once the Notes have been received by the Issuing and Paying Agent, it will request the immediate cancellation of the Notes.