Common use of Replacement Debentures Clause in Contracts

Replacement Debentures. In the event that any Holder notifies the Company that its Debenture(s) have been lost, stolen or destroyed, replacement Debenture(s) identical in all respects to the original Debenture(s) (except for registration number and Outstanding Principal Amount, if different than that shown on the original Debenture(s)) shall be issued by the Company to the Holder, provided that the Holder executes and delivers to the Company an agreement reasonably satisfactory to the Company to indemnify the Company from any loss incurred by it in connection with such Debenture(s).

Appears in 2 contracts

Sources: Convertible Debenture (American Biogenetic Sciences Inc), Debenture Agreement (Hollywood Media Corp)

Replacement Debentures. In the event that any Holder notifies the Company that its Debenture(s) have been lost, stolen or destroyed, the Company will issue replacement Debenture(s) identical in all respects to the original Debenture(s) (except for registration number and Outstanding Principal Amount, if different than that shown on the original Debenture(s)) shall be issued by the Company to the Holder), provided that the Holder executes and delivers to the Company an agreement reasonably satisfactory to the Company to indemnify the Company from any loss incurred by it in connection with such Debenture(s).

Appears in 2 contracts

Sources: Convertible Subordinated Debenture (Ross Systems Inc/Ca), Convertible Subordinated Debenture (Ross Systems Inc/Ca)

Replacement Debentures. In the event that any Holder holder of Debentures notifies the Company that its Debenture(s) have been lost, stolen or destroyed, replacement Debenture(s) identical in all respects to the original Debenture(s) (except for registration number and Outstanding Principal Amount, if different than that shown on the original Debenture(s)) shall be issued by the Company to the Holdersuch holder, provided that the Holder such holder executes and delivers to the Company an agreement reasonably satisfactory to the Company to indemnify the Company from any loss incurred by it in connection with such Debenture(s).

Appears in 1 contract

Sources: Securities Purchase Agreement (CSK Auto Corp)

Replacement Debentures. In the event that any the Holder notifies the Company that its Debenture(s) have Debenture has been lost, stolen or destroyed, a replacement Debenture(s) Debenture identical in all respects to the original Debenture(s) Debenture (except for registration number and Outstanding Principal Amount, if different than that shown on the original Debenture(s)Debenture) shall be issued by the Company to the Holder, provided that the Holder executes and delivers to the Company an agreement reasonably satisfactory to the Company to indemnify the Company from any loss incurred by it in connection with the Debenture and provided that the Company is provided a form of Debenture for such Debenture(s)replacement purposes.

Appears in 1 contract

Sources: Convertible Debenture Agreement (Oncor Inc)