Common use of REPLACEMENT CERTIFICATE Clause in Contracts

REPLACEMENT CERTIFICATE. In the event that any Holder notifies the Company that a stock certificate evidencing Debentures has been lost, stolen, destroyed or mutilated, the Company shall issue a replacement stock certificate evidencing the Debentures identical in tenor and date (or if such certificate is being issued for shares not covered in a redemption or conversion, in the applicable tenor and date) to the original stock certificate evidencing the Debentures, provided that the Holder executes and delivers to the Company an affidavit of lost stock certificate and an agreement reasonably satisfactory to the Company to indemnify the Company from any loss incurred by it in connection with such Debenture certificate; provided, however, the Company shall not be obligated to re-issue replacement certificates if the Holder contemporaneously requests the Company to convert or redeem the full principal amount evidenced by such lost, stolen, destroyed or mutilated certificate.