Common use of Cancellation of Debentures Clause in Contracts

Cancellation of Debentures. 2.16.1 All Debentures surrendered for payment of the final amount required to be paid thereon or that have been redeemed by the Company as contemplated by article 3, or that have been surrendered to the Indenture Trustee for registration of exchange or transfer, shall be promptly cancelled by the Indenture Trustee and if surrendered to the Registrar or the Paying Agent, shall be delivered by it to the Indenture Trustee for cancellation and shall be cancelled by the Indenture Trustee on receipt. The Indenture Trustee shall give prompt written notice to the Company, the Registrar and the Paying Agent of the particulars of any Debentures cancelled by it. 2.16.2 The Company may, in its discretion at any time, deliver to the Indenture Trustee for cancellation any Debentures which the Company has purchased as provided for in this Indenture, and all such Debentures so delivered shall be cancelled by the Indenture Trustee. 2.16.3 All Debentures which have been cancelled by the Indenture Trustee shall be destroyed by the Indenture Trustee in accordance with its standard practices, and the Indenture Trustee shall furnish to the Company, the Registrar and the Paying Agent a destruction certificate setting forth the numbers and denominations of the Debentures so destroyed.

Cancellation of Debentures. 2.16.1 (a) All Debentures surrendered for payment of the final amount required to be paid thereon or that have been redeemed by the Company as contemplated by article Article 3, or that have been surrendered to the Indenture Trustee for registration of exchange or transfer, shall be promptly cancelled by the Indenture Trustee and if surrendered to the Registrar or the Paying Agent, shall be delivered by it to the Indenture Trustee for cancellation and shall be cancelled by the Indenture Trustee on receipt. The Indenture Trustee shall give prompt written notice to the Company, the Registrar and the Paying Agent Corporation of the particulars of any Debentures cancelled by it. 2.16.2 (b) The Company Corporation may, in its discretion at any time, deliver to the Indenture Trustee for cancellation any Debentures which the Company Corporation has purchased as provided for in this Indenture, and all such Debentures so delivered shall be cancelled by the Indenture Trustee. 2.16.3 (c) All Debentures which have been cancelled by the Indenture Trustee shall be destroyed by the Indenture Trustee in accordance with its standard practices, and the Indenture Trustee shall furnish to the Company, the Registrar and the Paying Agent Corporation a destruction certificate setting forth the numbers and denominations of the Debentures so destroyed.

Cancellation of Debentures. 2.16.1 (a) All Debentures surrendered for payment of the final amount required to be paid thereon or that have been redeemed by the Company as contemplated by article Article 3, that have been converted as contemplated by Article 4 or that have been surrendered to the Indenture Trustee for registration of exchange or transfer, shall be promptly cancelled by the Indenture Trustee and if surrendered to the Registrar or the Paying Agent, shall be delivered by it to the Indenture Trustee for cancellation and shall be cancelled by the Indenture Trustee on receipt. The Indenture Trustee shall give prompt written notice to the Company, the Registrar and the Paying Agent Corporation of the particulars of any Debentures cancelled by it. 2.16.2 (b) The Company Corporation may, in its discretion at any time, deliver to the Indenture Trustee for cancellation any Debentures which the Company Corporation has purchased as provided for in this Indenture, and all such Debentures so delivered shall be cancelled by the Indenture Trustee. 2.16.3 (c) All Debentures which have been cancelled by the Indenture Trustee shall be destroyed marked “cancelled” and stored by the Indenture Trustee in accordance with its standard practices, and the Indenture Trustee shall furnish to the Company, the Registrar and the Paying Agent Corporation a destruction cancellation certificate setting forth the numbers and denominations of the Debentures so destroyedcancelled.

Cancellation of Debentures. 2.16.1 2.17.1 All Debentures surrendered for payment of the final amount required to be paid thereon or that have been redeemed by the Company repurchased as contemplated by article Article 3, or that have been surrendered to the Indenture Trustee for registration of exchange or transfer, shall be promptly cancelled by the Indenture Trustee and if surrendered to the Registrar or the Paying Agent, shall be delivered by it to the Indenture Trustee for cancellation and shall be cancelled by the Indenture Trustee on receipt. The Indenture Trustee shall give prompt written notice to the Company, the Registrar and the Paying Agent Company of the particulars of any Debentures cancelled by it. 2.16.2 2.17.2 The Company may, in its discretion at any time, shall deliver to the Indenture Trustee for cancellation any Debentures which the Company has purchased as provided for in this Indenture, upon receipt of such Debentures, and all such Debentures so delivered shall be cancelled by the Indenture TrusteeTrustee after it has received all required documentation in respect of the same. 2.16.3 2.17.3 All Debentures which have been cancelled by the Indenture Trustee shall be destroyed by the Indenture Trustee in accordance with its standard practices, and the Indenture Trustee shall furnish to the Company, the Registrar and the Paying Agent Company a destruction certificate setting forth the numbers and denominations of the Debentures so destroyed.