Common use of Replacement Debentures Clause in Contracts

Replacement Debentures. If any mutilated Debenture is surrendered to the Trustee or the Issuers and the Trustee receives evidence to its satisfaction of the destruction, loss or theft of any Debenture, the Issuers shall issue and the Trustee, upon receipt of an Authentication Order, shall authenticate a replacement Debenture if the Trustee's requirements are met. If required by the Trustee or the Issuers, an indemnity bond must be supplied by the Holder that is sufficient in the judgment of the Trustee and the Issuers to protect the Issuers, the Trustee, any Agent and any authenticating agent from any loss that any of them may suffer if a Debenture is replaced. The Issuers may charge for their expenses in replacing a Debenture. Every replacement Debenture is an additional obligation of the Issuers and shall be entitled to all of the benefits of this Indenture equally and proportionately with all other Debentures duly issued hereunder.

Appears in 4 contracts

Samples: Indenture (Anthony Crane Rental Holdings Lp), Anthony Crane Sales & Leasing Lp, Anthony Crane Holdings Capital Corp

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Replacement Debentures. If any mutilated Debenture is surrendered to the Trustee Trustee, or the Issuers and the Trustee receives receive evidence to its their satisfaction of the destruction, loss or theft of any Debenture, the Issuers shall issue and the Trustee, upon receipt of an Authentication Order, shall authenticate a replacement Debenture if the Trustee's requirements are met. If required by the Trustee or the Issuers, an indemnity bond must be supplied by the Holder that is sufficient in the judgment of the Trustee and the Issuers to protect the Issuers, the Trustee, any Agent and any authenticating agent from any loss that any of them may suffer if a Debenture is replaced. The Issuers may charge for their expenses in replacing a Debenture. Every replacement Debenture is an additional obligation of the Issuers and shall be entitled to all of the benefits of this Indenture equally and proportionately with all other Debentures duly issued hereunder.

Appears in 2 contracts

Samples: Grove Investors Capital Inc, Grove Holdings Capital Inc

Replacement Debentures. If any mutilated Debenture is surrendered to the Trustee or the Issuers and the Trustee receives evidence to its satisfaction of the destruction, loss or theft of any DebentureTrustee, the Issuers Registrar or Debentures Custodian, or if the Holder of a Debenture claims that such Xxxxxxxxx has been lost, destroyed or wrongfully taken, the Company shall issue and the Trustee, upon receipt the written order of the Company signed by an Authentication OrderOfficer, shall authenticate a replacement Debenture if the Trustee's requirements are met. If required by the Trustee or the IssuersCompany, an indemnity bond must shall be supplied by the Holder that is sufficient in the judgment of the Trustee and the Issuers Company to protect the IssuersCompany, the Trustee, any Agent and any authenticating agent from any loss that which any of them may suffer if a Debenture is replaced. The Issuers Company may charge the Holder for their its expenses in replacing a Debenture. Every replacement Debenture is an additional obligation of the Issuers Company and shall be entitled to all of the benefits of this Indenture equally and proportionately with all other Debentures duly issued hereunder.

Appears in 1 contract

Samples: Diagnostic Retrieval Systems Inc

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Replacement Debentures. If any mutilated Debenture is surrendered to the Trustee or the Issuers Issuer and the Trustee receives evidence to its satisfaction of the destruction, loss or theft of any Debenture, the Issuers Issuer shall issue and the Trustee, upon receipt of an Authentication Order, shall authenticate a replacement Debenture if the Trustee's requirements are met. If required by the Trustee or the IssuersIssuer, an indemnity bond must be supplied by the Holder that is sufficient in the judgment of the Trustee and the Issuers Issuer to protect the IssuersIssuer, the Trustee, any Agent and any authenticating agent from any loss that any of them may suffer if a Debenture is replaced. The Issuers Issuer may charge for their its expenses in replacing a Debenture. Every replacement Debenture is an additional obligation of the Issuers Issuer and shall be entitled to all of the benefits of this Indenture equally and proportionately with all other Debentures duly issued hereunder.

Appears in 1 contract

Samples: Thermadyne Holdings Corp /De

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