Common use of Trustee for cancellation Clause in Contracts

Trustee for cancellation. If the Issuer shall acquire any of the Notes, such acquisition shall not operate as a redemption or satisfaction of the indebtedness represented by such Notes unless and until the same are surrendered to the Trustee for cancellation pursuant to this Section 2.11.

Appears in 2 contracts

Sources: Indenture (Sotherly Hotels Lp), Indenture (Sotherly Hotels Lp)