Common use of Destruction by Common Safekeeper Clause in Contracts

Destruction by Common Safekeeper. The Registrar may instruct the Common Safekeeper to destroy a mutilated or defaced Class A Note or a Class A Note in registered definitive form in which case, upon receipt of confirmation of destruction by the Common Safekeeper, the Registrar shall furnish the Issuer with a copy of the confirmation of destruction received by it from the Common Safekeeper.

Appears in 2 contracts

Sources: Agency Agreement, Agency Agreement

Destruction by Common Safekeeper. The Registrar may instruct the Common Safekeeper to destroy a mutilated or defaced Class A Note or a Class A Note in registered definitive form in which case, upon receipt of confirmation of destruction by the Common Safekeeper, the Registrar shall furnish the Issuer with a copy of the confirmation of destruction received by it from the Common Safekeeper.

Appears in 2 contracts

Sources: Agency Agreement, Agency Agreement

Destruction by Common Safekeeper. The Registrar may instruct the Common Safekeeper to destroy a mutilated or defaced Class A A1 Note or Class A2 Note, or a Class A A1 Note or Class A2 Note in registered definitive form in which case, upon receipt of confirmation of destruction by the Common Safekeeper, the Registrar shall furnish the Issuer with a copy of the confirmation of destruction received by it from the Common Safekeeper.

Appears in 1 contract

Sources: Agency Agreement