Common use of Cancellation of Securities; Destruction Thereof Clause in Contracts

Cancellation of Securities; Destruction Thereof. All Securities and Coupons surrendered for exchange for Securities of the same series or for payment, redemption, registration of transfer, conversion or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer or any agent of the Issuer or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled by it; and no Securities or Coupons shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of cancelled Securities and Coupons held by it and deliver a certificate of disposition to the Issuer. If the Issuer shall acquire any of the Securities or Coupons, such acquisition shall not operate as a redemption or satisfaction of the Debt represented by such Securities or Coupons unless and until the same are delivered to the Trustee for cancellation.

Cancellation of Securities; Destruction Thereof. All Securities and Coupons surrendered for exchange for Securities of the same series or for payment, redemption, registration of transfertransfer or exchange, conversion or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer or any agent of the Issuer or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled by it; and no Securities or Coupons shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of destroy cancelled Securities and Coupons held by it and deliver a certificate of disposition destruction to the Issuer unless by a written request signed by two officers of the Issuer, the Issuer shall direct that cancelled Securities be returned to it. If the Issuer shall acquire any of the Securities or CouponsSecurities, such acquisition shall not operate as a redemption or satisfaction of the Debt indebtedness represented by such Securities or Coupons unless and until the same are delivered to the Trustee for cancellation.

Cancellation of Securities; Destruction Thereof. All Securities and Coupons surrendered for exchange for Securities of the same series or for payment, retirement, redemption, registration of transfertransfer or exchange, conversion or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer or any agent of the Issuer or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled by it; and no Securities or Coupons shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of destroy cancelled Securities and Coupons held by it and deliver a certificate of disposition such destruction to the Issuer. If the Issuer shall acquire any of the Securities or Coupons, such acquisition shall not operate as a redemption or satisfaction of the Debt indebtedness represented by such Securities or Coupons unless and until the same are delivered to the Trustee for cancellation.. 15 14

Cancellation of Securities; Destruction Thereof. All Securities and Coupons surrendered for exchange for Securities of the same series or for payment, redemption, registration of transfertransfer or exchange, conversion or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer or any agent of the Issuer or the Trustee, shall be delivered to the Trustee for cancellation or, if surrendered to the Trustee, shall be cancelled canceled by it; and no Securities or Coupons shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of destroy cancelled Securities and Coupons held by it and deliver a certificate of disposition destruction to the Issuer. If the Issuer shall acquire any of the Securities or Coupons, such acquisition shall not operate as a redemption or satisfaction of the Debt indebtedness represented by such Securities or Coupons unless and until the same are delivered to the Trustee for cancellation.

Cancellation of Securities; Destruction Thereof. All Securities and Coupons surrendered for exchange for Securities of the same series or for payment, redemption, repayment, registration of transfertransfer or exchange, conversion or for credit against any payment in respect of a sinking or analogous fund, if surrendered to the Issuer or any agent of the Issuer or the Trustee or any agent of the Trustee, shall be delivered to the Trustee or its agent for cancellation or, if surrendered to the Trustee, shall be cancelled by it; and no Securities or Coupons shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee or its agent shall dispose of destroy cancelled Securities and Coupons held by it and deliver a certificate of disposition destruction to the Issuer. If the Issuer or its agent shall acquire any of the Securities or CouponsSecurities, such acquisition shall not operate as a redemption or satisfaction of the Debt indebtedness represented by such Securities or Coupons unless and until the same are delivered to the Trustee or its agent for cancellationcancellation The Issuer may also deliver to the Trustee or any agent of the Trustee for cancellation any Securities previously authenticated hereunder that the Issuer has not issued and sold.