Common use of Cancellation of Debentures Clause in Contracts

Cancellation of Debentures. All Debentures redeemed and all Debentures purchased under this Article 3 shall forthwith be delivered to the Trustee and shall be cancelled by it and no Debentures shall be issued in substitution therefor.

Appears in 3 contracts

Sources: Trust Indenture (Certicom Corp), Trust Indenture (Dakota Mining Corp), Trust Indenture (Sr Telecom Inc)

Cancellation of Debentures. All Debentures redeemed and all Debentures purchased under this Article 3 shall forthwith be delivered to the Trustee and shall be cancelled by it and no Debentures shall be issued in substitution therefor.

Appears in 1 contract

Sources: Trust Indenture (Pope & Talbot Inc /De/)

Cancellation of Debentures. All Subject to the provisions of this Article 3 as to Debentures redeemed and purchased in part, all Debentures purchased under this Article 3 shall forthwith be delivered to the Debenture Trustee and shall be cancelled by it and no Debentures shall be issued in substitution therefor.

Appears in 1 contract

Sources: Debenture Indenture (New Gold Inc. /FI)

Cancellation of Debentures. β€Œ All Debentures redeemed and all Debentures purchased surrendered for redemption under this Article 3 shall forthwith be delivered to the Trustee and and, upon payment therefor as provided in this Article 3, shall be cancelled by it and the Trustee and, unless otherwise provided in this Article 3, no Debentures shall be issued in substitution therefor.

Appears in 1 contract

Sources: Trust Indenture

Cancellation of Debentures. All Debentures redeemed and all Debentures purchased under this Article 3 Three shall forthwith be delivered to the Trustee and shall be cancelled by it and no Debentures shall be issued in substitution therefor.

Appears in 1 contract

Sources: Trust Indenture (MDC Partners Inc)