Common use of Cancellation Destruction and Records Clause in Contracts

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.