Evidence of Rights Of Debentureholders Sample Clauses
The 'Evidence of Rights Of Debentureholders' clause defines how debentureholders can prove and exercise their rights under the terms of the debenture. Typically, this clause outlines the documentation or certificates that serve as evidence of ownership and the procedures for verifying such rights, such as presenting a debenture certificate or being listed in a register. Its core function is to ensure that only legitimate debentureholders can claim rights or benefits, thereby preventing disputes and maintaining the integrity of the debentureholder register.
Evidence of Rights Of Debentureholders. (a) Any request, direction, notice, consent or other instrument which this Indenture may require or permit to be signed or executed by the Debentureholders may be in any number of concurrent instruments of similar tenor signed or executed by such Debentureholders.
(b) The Trustee may, in its discretion, require proof of execution in cases where it deems proof desirable and may accept such proof as it shall consider proper.
Evidence of Rights Of Debentureholders. Any request, direction, notice, consent or other instrument which this Indenture may require or permit to be signed or executed by the Debentureholders may be in any number of concurrent instruments of similar tenor and may be signed or executed by such Debentureholders in person or by attorney duly appointed in writing. Proof of the execution of any such request or other instrument or of a writing appointing any such attorney or (subject to the provisions of this Article 11 with regard to voting at meetings of Debentureholders) of the holding by any person of Debentures shall be sufficient for any purpose of this Indenture if made in the following manner, namely, the fact and date of execution by any person of such request or other instrument or writing may be proved by the certificate of any notary public, or other officer authorized to take acknowledgments of deeds to be recorded at the place where such certificate is made, that the person signing such request or other instrument in writing acknowledged to them the execution thereof, or by an affidavit of a witness of such execution or in any other manner which the Indenture Trustee may consider adequate. The Indenture Trustee may, nevertheless, in its discretion require further proof in cases where it deems further proof desirable or may accept such other proof as it shall consider proper.
Evidence of Rights Of Debentureholders. Any request, direction, notice, consent or other instrument which this Indenture may require or permit to be signed or executed by the Debentureholders may be in any number of concurrent instruments of similar tenor and may be signed or executed by such Debentureholders in person or by attorney duly appointed in writing. Proof of the execution of any such request, direction, notice, consent or other instrument or of a writing appointing any such attorney shall be sufficient for any purpose of this Indenture if made in the following manner, namely, the fact and date of the execution by any Person of such request, direction, notice, consent or other instrument or writing may be proved by the certificate of any commissioner for oaths, or other officer authorized to take acknowledgments of deeds to be recorded at the place where such certificate is made, that the Person signing such request, direction, notice, consent or other instrument or writing acknowledged to him the execution thereof, or by an affidavit of a witness of such execution or in any other manner which the Trustee may consider adequate. The Trustee may, nevertheless, in its discretion require further proof in cases where it considers further proof necessary or desirable or may accept such other proof as it shall consider proper.
Evidence of Rights Of Debentureholders. 45 15.01 Evidence of Rights of Debentureholders..............................45
Evidence of Rights Of Debentureholders. Any instrument which this Indenture may require or permit to be signed or executed by the Debentureholders may be in any number of concurrent instruments of similar tenor and may be signed or executed by such Debentureholders in person or by attorney duly appointed in writing. Proof of the execution of any such instrument, or of a writing appointing any such attorney or of the holding by any Person of Debentures shall be sufficient for any purpose of this Indenture if the fact and date of the execution by any Person of such instrument or writing are proved by the certificate of any notary public or other officer authorized to take acknowledgements of deeds to be recorded at the place at which such certificate is made that the Person signing such request or other instrument or writing acknowledged to him the execution thereof, or by an affidavit of a witness of such execution, or in any other manner which the Trustee may consider adequate. The Trustee may, nevertheless, in its discretion, require further proof when it deems further proof desirable or may accept such other proof as it shall consider proper. The ownership of Debentures shall be proved by the Register as herein provided.
Evidence of Rights Of Debentureholders. Any request, direction, notice, consent or other instrument which this Indenture may require or permit to be signed or executed by the Debentureholders may be in any number of concurrent instruments of similar tenor signed or executed by such Debentureholders. The Trustee may, in its discretion, require proof of execution in cases where it deems proof desirable and may accept such proof as it shall consider proper. Proof of the execution of an instrument in writing by any Debentureholder may be made by the certificate of a notary, solicitor or commissioner for oaths, or other officer with similar powers, that the person signing such instrument acknowledged to him the execution thereof, or by an affidavit of a witness to such execution or in any other manner which the Trustee may consider adequate and in respect of a corporate Debentureholder, shall include a certificate of incumbency of such Debentureholder together with a certified resolution authorizing the person who signs such instrument to sign such instrument.
Evidence of Rights Of Debentureholders. 46 SECTION 17.01.................................................................................................46
Evidence of Rights Of Debentureholders. SECTION 17.01 Any request, direction, notice, consent or other instrument which this trust indenture may require or permit to be signed or executed by the debentureholders may be in any number of concurrent instruments of similar tenor and may be signed or executed by such debentureholders in person or by attorney duly appointed in writing. Proof of the execution of any such request or other instrument or of a writing appointing any such attorney or (subject to the provisions of paragraph (1) of Section 15.01 hereof with regard to voting at meetings of debentureholders) of the holding by any person of Debentures or coupons shall be sufficient for any purpose of this trust indenture if made in the following manner:
(a) The fact and date of the execution by any person of such request or other instrument or writing may be proved by the certificate of any notary public, or other officer authorized to take acknowledgments of deeds to be recorded at the place where such certificate is made, that the person signing such request or other instrument or writing acknowledged to him the execution thereof or by an affidavit of a witness of such execution or in any other manner which the Trustee may consider adequate.
(b) The fact of the holding by any person executing such request or other instrument of Debentures transferable by delivery and the amounts, designations and numbers thereof and the date of his holding the same may be proved by deposit of such Debentures with the Trustee or by a certificate executed by any bank, banker, trust company or other depositary satisfactory to the Trustee, wherever situated, if such certificate shall be deemed by the Trustee to be satisfactory, certifying that on the date therein mentioned such person had on deposit with such depositary the Debentures designated in such certificate and that such Debentures will remain so deposited until the surrender or cancellation of the certificate. The Trustee may, nevertheless, in its discretion, require further proof in cases where it deems further proof desirable or may accept such other proof as it shall consider proper. The ownership of registered Debentures shall be proved by the registers hereinbefore mentioned. The Trustee shall not be bound to recognize any person as a holder of a Debenture transferable by delivery unless and until his title thereto is proved as hereinbefore provided in this Section or in such other manner as the Trustee may consider sufficient.