Common use of Replacement Debentures Clause in Contracts

Replacement Debentures. If the Holder of a Debenture claims that the Debenture has been lost, destroyed or wrongfully taken, the Corporation shall issue and the Trustee shall authenticate a replacement Debenture if the Trustee's requirements are met. If required by the Trustee or the Corporation, an indemnity bond must be obtained and be sufficient in the judgment of both to protect the Corporation, the Trustee, any Agent or any authenticating agent from any loss which any of them may suffer if a Debenture is replaced. The Corporation and the Trustee may charge for their expenses in replacing a Debenture. Every replacement Debenture is an additional obligation of the Corporation.

Replacement Debentures. If the Holder of a Debenture claims that the Debenture has been lost, destroyed or wrongfully taken, the Corporation Company shall issue and the Trustee shall authenticate a replacement Debenture if the Trustee's requirements are met. If required by the Trustee or the CorporationCompany, an indemnity bond must be obtained and be sufficient in the judgment of both to protect the CorporationCompany, the Trustee, any Agent or any authenticating agent from any loss which any of them may suffer if a Debenture is replaced. The Corporation and Trustee may waive such indemnity bond if so instructed by the Trustee Company. The Company may charge for their its expenses in replacing a Debenture. Every replacement Debenture is an additional obligation of the CorporationCompany.

Replacement Debentures. If the Holder of a Debenture claims that the Debenture has been lost, destroyed or wrongfully taken, the Corporation shall issue and the Trustee shall authenticate a replacement Debenture if the Trustee's requirements are met. If required by the Trustee or the Corporation, an indemnity bond must be obtained and be sufficient in the judgment of both to protect the Corporation, the Trustee, any Agent or any authenticating agent from any loss which any of them may suffer if a Debenture is replaced. The Trustee or the Corporation and the Trustee may charge for their its expenses in replacing a Debenture. Every replacement Debenture debenture is an additional obligation of the Corporation.

Replacement Debentures. If the Holder of a Debenture claims that the Debenture has been lost, destroyed or wrongfully taken, then, in the Corporation absence of notice to the Company that the Debenture has been acquired by a protected purchaser, the Company shall issue and the Trustee shall authenticate a replacement Debenture if the Trustee's requirements are metDebenture. If required by the Trustee or the Corporation, an An indemnity bond must be obtained and be provided which is sufficient in the judgment of both the Trustee and the Company to protect the CorporationCompany, the Trustee, any Agent or any authenticating agent Trustee and the Agents from any loss which any of them may suffer if a Debenture is replaced. The Corporation and Company or the Trustee may charge the Holder for their its expenses in replacing a Debenture. Every replacement Debenture is an additional obligation of the CorporationCompany.