Common use of Replacement Debentures Clause in Contracts

Replacement Debentures. If any mutilated Debenture is surrendered to the Trustee, or the Company and the Trustee receive evidence to their satisfaction of the destruction, loss or theft of any Debenture, the Company 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 Company, an indemnity bond must be supplied by the Holder that is sufficient in the judgment of the Trustee and the Company to protect the Company, the Trustee, any Agent and any authenticating agent from any loss that any of them may suffer if a Debenture is replaced. The Company may charge for its expenses in replacing a Debenture. Every replacement Debenture is an additional obligation of the 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 2 contracts

Samples: Indenture (Finlay Enterprises Inc /De), Security and Pledge Agreement (Finlay Enterprises Inc /De)

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Replacement Debentures. If any mutilated Debenture is surrendered to the Trustee, Trustee or the Company and or the Trustee receive receives evidence to their its satisfaction of the destruction, loss or theft of any Debenture, the Company shall issue and the Trustee, upon receipt the written order of an Authentication Orderthe Company signed by two Officers of the Company, shall authenticate a replacement Debenture if the Trustee's requirements are met. If required by the Trustee or the Company, an indemnity bond must be supplied by the Holder that is sufficient in the judgment of the Trustee and the Company to protect the Company, the Trustee, any Agent and any authenticating agent from any loss that any of them may suffer if a Debenture is replaced. The Company may charge for its expenses in replacing a Debenture. Every replacement Debenture is an additional obligation of the 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: Greyhound Lines Inc

Replacement Debentures. If any mutilated Debenture is surrendered to the Trustee, Trustee or the Company and the Trustee receive receives evidence to their its satisfaction of the destruction, loss or theft of any Debenture, the Company 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 Company, an indemnity bond must be supplied by the Holder that is sufficient in the judgment of the Trustee and the Company to protect the Company, the Trustee, any Agent and any authenticating agent from any loss that any of them may suffer if a Debenture is replaced. The Company may charge for its expenses in replacing a Debenture. Every replacement Debenture is an additional obligation of the 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: Crown Castle International Corp

Replacement Debentures. If any mutilated Debenture is surrendered to the Trustee, Trustee or the Company and the Trustee receive receives evidence to their its satisfaction of the destruction, loss or theft of any Debenture, the Company shall will issue and the Trustee, upon receipt of an Authentication Order, shall will authenticate a replacement Debenture if the Trustee's ’s requirements are met. If required by the Trustee or the Company, an indemnity bond must be supplied by the Holder that is sufficient in the judgment of the Trustee and the Company to protect the Company, the Trustee, any Agent and any authenticating agent from any loss that any of them may suffer if a Debenture is replaced. The Company may charge for its expenses in replacing a Debenture. Every replacement Debenture is an additional obligation of the Company and shall will 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: Supplemental Indenture (Broadwing Corp)

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Replacement Debentures. If any mutilated Debenture is surrendered to the Trustee, or the Company and the Trustee receive receives evidence to their its satisfaction of the destruction, loss or theft of any Debenture, the Company shall issue and the Trustee, upon receipt the written order of an Authentication Orderthe Company signed by two Officers of the Company, shall authenticate a replacement Debenture if the Trustee's requirements are met. If required by the Trustee or the Company, an indemnity bond must be supplied by the Holder that is sufficient in the judgment of the Trustee and the Company to protect the Company, the Trustee, any Agent and any authenticating agent from any loss that any of them may suffer if a Debenture is replaced. The Company may charge for its expenses in replacing a Debenture. Every replacement Debenture is an additional obligation of the 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: Indenture (Auto Marketing Network Inc)

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