Cancellation Destruction and Records Sample Clauses
The "Cancellation, Destruction and Records" clause outlines the procedures and requirements for handling documents, materials, or records when they are no longer needed or upon termination of an agreement. It typically specifies how and when parties must cancel or destroy confidential information, physical documents, or electronic records, and may require confirmation or certification of destruction. This clause ensures that sensitive information is properly disposed of and that parties maintain compliance with privacy, security, or regulatory obligations, thereby reducing the risk of unauthorized disclosure or misuse.
Cancellation Destruction and Records. The Issuing and Paying Agent shall:
Cancellation Destruction and Records. (a) All Notes which are paid or redeemed (together with such unmatured Coupons as are attached thereto or are surrendered therewith at the time of such redemption) and all Coupons which are paid or have become void shall be cancelled forthwith by perforation by the Paying Agent by or through which they are redeemed, paid or received. Such Paying Agent shall give all relevant details to the Fiscal Agent and forthwith cancel the Notes and Coupons (if such Paying Agent is other than the Fiscal Agent).
(b) The Fiscal Agent or the relevant Paying Agent shall forthwith destroy all cancelled Notes and Coupons on behalf of the Company upon receipt thereof (whether directly or from any other Paying Agent).
(c) The Fiscal Agent shall as soon as practicable and in any event within three months after the date of any such redemption or payment furnish to the Company a certificate stating (i) the aggregate principal amount of Notes which have been paid or redeemed and cancelled and the aggregate amount paid in respect of Coupons which have been paid and cancelled, (ii) the serial numbers of such Notes, (iii) the total numbers by maturity date of such Coupons and (iv) that all such cancelled Notes and Coupons have been destroyed.
(d) The Fiscal Agent shall keep a full and complete record of all Notes and Coupons and of their validation, redemption, purchase, cancellation or payment (as the case may be) and of all replacement Notes and Coupons issued in substitution for lost, stolen, mutilated, defaced or apparently destroyed Notes or Coupons and shall make such record available at all reasonable times to the Company.
Cancellation Destruction and Records. All Notes which mature and are paid shall be cancelled forthwith by the Agent. The Agent shall, as soon as reasonably practicable after the maturity date of any note, furnish the Company with a certificate signed by one duly authorized officer of the Agent stating (i) the aggregate principal amount of the Notes which have been paid and cancelled on such maturity date and (ii) that the cancelled Notes in its possession have been destroyed (unless otherwise previously instructed by the Company). The Agent shall keep a full and complete record of all Notes and of their issue, payment, cancellation and destruction and of all replacement Notes issued in substitution for lost, stolen, mutilated, defaced or destroyed Notes. The Agent may cause to be issued replacement Notes in place of Notes which have been lost, stolen, mutilated, defaced or destroyed and the Company will cause replacement Notes to be delivered to the Agent for this purpose upon the provision to the Company of such evidence and indemnity in favor of the Company as the Company shall reasonably require.
Cancellation Destruction and Records. The Principal Paying Agent in relation to any relevant Series of Notes shall:
Cancellation Destruction and Records. 14.1 All Notes which are redeemed in full shall be cancelled forthwith by (i) in the case of Definitive Registered Notes, the removal of the relevant Holder's name from the Senior Note Register or the Junior Note Register, as the case may be, by the Registrar or (ii) in the case of Notes represented by a Global Note, notation by or on behalf of the Paying Agent in the schedule to such Global Note of the reduction in the principal amount of such Global Note.
14.2 The Paying Agent shall, within four months after the date of any redemption or any payment in respect of any Notes of a Tranche, send to the Issuer and the applicable Trustee a certificate stating the aggregate principal amount of such Notes of such Tranche which have been redeemed and cancelled or, as the case may be, the aggregate amount paid in respect of principal, premium (if any) and interest and Additional Amounts, if any, in respect of such Notes of such Tranche.
14.3 The Paying Agent shall destroy or procure the destruction of all certificates in its possession relating to cancelled Definitive Registered Notes and send the Issuer, the applicable Trustee and the Registrar a certificate of destruction giving the certificate numbers of such Definitive Registered Notes in numerical sequence.
14.4 The Paying Agent shall keep records of the payment, redemption, replacement, cancellation and destruction of all Senior Notes and all Junior Notes, as the case may be. It shall make such records available at all reasonable times to the Issuer and the applicable Trustee.
Cancellation Destruction and Records. 7.1 Cancellation by Paying Agents: All Bonds which are redeemed (together with such unmatured Coupons as are attached to or are surrendered with them at the time of such redemption), and all Coupons which are paid, shall be cancelled forthwith by the Paying Agent by or through which they are redeemed or paid. Such Paying Agent shall send to the Fiscal Agent the details required by the Fiscal Agent for the purposes of this Clause and the cancelled Bonds and Coupons.
Cancellation Destruction and Records. 9.1 All Notes which have been redeemed shall be cancelled by the Paying Agent by which they are paid.
9.2 As soon as possible and within 60 days after the date of any payment each Paying Agent shall, unless otherwise instructed by the Issuer, destroy the cancelled Notes in its possession and furnish the Issuer upon written request (and, in the case of a Paying Agent, the Issue and Paying Agent) with a destruction certificate which shall list (a) the aggregate face amount of the Notes which have been repaid, cancelled and destroyed,
Cancellation Destruction and Records. (A) Cancellation by Issuing and Paying Agent: All Notes which are redeemed (together with such unmatured Coupons as are attached to or are surrendered with them at the time of such redemption), all Temporary Global Notes (which are fully exchanged for Permanent Global Notes or, as the case may be, Definitive Notes) or Permanent Global Notes (which are fully exchanged for Definitive Notes) and all Coupons which are paid in full shall be cancelled forthwith by the Issuing and Paying Agent. If the Issuer or any of its subsidiaries purchases any Notes that are to be cancelled in accordance with the Conditions, the Issuer shall forthwith cancel them or procure their cancellation, inform the Issuing and Paying Agent and send them to the Issuing and Paying Agent.
Cancellation Destruction and Records. All Notes which are redeemed in full shall be cancelled forthwith by (i) in the case of Definitive Registered Notes, the removal of the relevant Holder's name from the Senior Note Register or the Junior Note Register, as the case may be, by the Registrar or (ii) in the case of Notes represented by a Global Note, notation by or on behalf of the Paying Agent in the schedule to such Global Note of the reduction in the principal amount of such Global Note.
Cancellation Destruction and Records. Each Paying Agent shall make records held by the Paying Agent in connection with the Covered Bonds available for inspection at all reasonable times by the Issuer and the other Paying Agents.