Common use of Notes Redeemed or Purchased in Part Clause in Contracts

Notes Redeemed or Purchased in Part. Upon surrender and cancellation of a Note that is redeemed or purchased in part, the Issuers will issue and, upon receipt of an Authentication Order, the Trustee will authenticate for the Holder at the expense of the Issuers a new Note equal in principal amount to the unredeemed or unpurchased portion of the Note surrendered. Notwithstanding anything in this Indenture to the contrary, only an Authentication Order and not an Opinion of Counsel or Officers’ Certificate is required for the Trustee to authenticate such new Note.

Appears in 3 contracts

Sources: Indenture, Indenture, Indenture

Notes Redeemed or Purchased in Part. Upon surrender and cancellation of a Note that is redeemed or purchased in part, the Issuers Issuer will issue and, upon receipt of an Authentication Order, the Trustee will authenticate for the Holder at the expense of the Issuers Issuer a new Note equal in principal amount to the unredeemed or unpurchased portion of the Note surrenderedsuch surrendered Note. Notwithstanding anything in this Indenture to the contrary, only an Authentication Order and not an Opinion of Counsel or Officers’ Officer’s Certificate is required for the Trustee to authenticate such new Note.

Appears in 3 contracts

Sources: Indenture (StoneX Group Inc.), Indenture (StoneX Group Inc.), Indenture (Intl Fcstone Inc.)

Notes Redeemed or Purchased in Part. Upon surrender and cancellation of a Note that is redeemed or purchased in part, the Issuers Company will issue and, upon receipt of an Authentication Order, the Trustee will authenticate for the Holder at the expense of the Issuers Company a new Note equal in principal amount to the unredeemed or unpurchased portion of the Note surrendered. Notwithstanding It is understood that, notwithstanding anything in this Indenture to the contrary, only an Authentication Order and not an Opinion of Counsel or Officers’ Officer’s Certificate of the Company is required for the Trustee to authenticate such new Note.

Appears in 1 contract

Sources: Note Purchase Agreement (Moneygram International Inc)

Notes Redeemed or Purchased in Part. Upon surrender and cancellation of a Note that is redeemed or purchased in part, the Issuers will issue and, upon receipt of an Authentication Order, the Trustee will authenticate for the Holder at the expense of the Issuers Issuer a new Note equal in principal amount to the unredeemed or unpurchased portion of the Note surrendered. Notwithstanding anything in this Indenture to the contraryname of the Holder thereon upon cancellation of the original Note. It is understood that, notwithstanding any other Section herein, only an Authentication Order and not an Opinion of Counsel or Officers’ Officer’s Certificate is required for the Trustee to authenticate such new Note.

Appears in 1 contract

Sources: Indenture (LPL Investment Holdings Inc.)

Notes Redeemed or Purchased in Part. Upon surrender and cancellation of a Note that is redeemed or purchased in part, the Issuers will issue and, upon receipt of an Authentication Order, the Trustee will authenticate for the Holder at the expense of the Issuers a new Note equal in principal amount to the unredeemed or unpurchased portion of the Note surrenderedsurrendered in the name of the Holder thereon upon cancellation of the original Note. Notwithstanding anything in this Indenture to the contraryIt is understood that, notwithstanding any other Section herein, only an Authentication Order and not an Opinion of Counsel or Officers’ Officer’s Certificate is required for the Trustee to authenticate such new Note.

Appears in 1 contract

Sources: Indenture (Texas Genco Inc.)

Notes Redeemed or Purchased in Part. Upon surrender and cancellation of a Note that is redeemed or purchased in part, the Issuers will Issuer shall issue and, upon receipt of an Authentication Order, and the Trustee will shall authenticate for the Holder at the expense of the Issuers Issuer a new Note equal in principal amount to the unredeemed or unpurchased portion of the Note surrenderedsurrendered representing the same indebtedness to the extent not redeemed or purchased. Notwithstanding It is understood that, notwithstanding anything in this Indenture to the contrary, only an Authentication Order and not an Opinion of Counsel or Officers’ Certificate is required for the Trustee to authenticate such new Note.

Appears in 1 contract

Sources: Indenture (Petco Holdings Inc)

Notes Redeemed or Purchased in Part. Upon surrender and cancellation of a Note that is redeemed or purchased in part, the Issuers will issue and, upon receipt of an Authentication Order, the Trustee will authenticate for the Holder at the expense of the Issuers a new Note equal in principal amount to the unredeemed or unpurchased portion of the Note surrendered. Notwithstanding It is understood that, notwithstanding anything in this Indenture to the contrary, only an Authentication Order and not an Opinion of Counsel or Officers’ Officer’s Certificate is required for the Trustee to authenticate such new NoteNote pursuant to Article 3.

Appears in 1 contract

Sources: Indenture (Stargazer Productions)