Replacement of Bonds. Notwithstanding the provisions of Section 2.11 of the Mortgage, including, without limitation, the final sentence of the first paragraph thereof, upon receipt by the Company at the address and to the attention of the designated officer (all as specified in Section 18(iii)) of evidence reasonably satisfactory to it of the ownership of and the loss, theft, destruction or mutilation of any Bond (which evidence shall be, in the case of an Institutional Investor, notice from such Institutional Investor of such ownership and such loss, theft, destruction or mutilation), and
Replacement of Bonds. Replacement Bonds shall be issued pursuant to applicable law as a result of the destruction, loss or mutilation of the Bonds. The costs of a replacement shall be paid or reimbursed by the applicant, who shall indemnify the Authority, the Trustee, the Paying Agent, the Remarketing Agent and the Company against all liability and expense in connection therewith.
Replacement of Bonds. Upon receipt of evidence reasonably satisfactory to the Issuer of the loss, theft, destruction or mutilation of any of the Bonds, or of any replacement Bonds, and, in the case of any such loss, theft, or destruction, upon the delivery of an indemnity agreement reasonably satisfactory to the Issuer or, in the case of any mutilation, upon the surrender and cancellation of such mutilated Bond, the Issuer, at the expense of the Holder of such Bond, will issue and the Bondowner Representative will authenticate a new Bond, of like tenor and series, in lieu of such lost, destroyed or mutilated Bond.
Replacement of Bonds. Should the Bonds be lost, stolen, mutilated, defaced or destroyed, it may be replaced, subject to applicable Laws, at the specified office of the Company upon payment by the claimant of the expenses incurred in connection with the replacement and upon such terms as to evidence and indemnity as the Company may reasonable require. A mutilated or defaced Bonds must be surrendered before replacements will be issued.
Replacement of Bonds. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft or destruction of the Bonds and of indemnity or security reasonably satisfactory to it, the Company will make and deliver a new security which shall carry the same rights to interest (unpaid and to accrue) carried by the Bonds, stating that such security is issued in replacement of the Bonds, making reference to the original date of issuance of the Bonds (and any successors hereto) and dated as of such cancellation, in lieu of the Bonds.
Replacement of Bonds. Any Certificate which is lost, stolen, mutilated, defaced or destroyed may be replaced at the specified office of the Registrar or such other Transfer Agent as may from time to time be designated by the Ministry of Finance for that purpose and notice of whose designation is given to Bondholders, in each case on payment by the claimant of the expense incurred in connection there with and on such terms as to evidence, indemnity, security or otherwise as the Ministry of Finance may require (provided that the requirement is reasonable in light of prevailing market practice). Mutilated or defaced Certificates must be surrendered before replacements will be issued.
Replacement of Bonds. The Fiscal Agent on behalf of the Issuer shall prepare and deliver substitute Bond Certificates or Coupons to the holders of lost, stolen, destroyed or mutilated Bond Certificates or Coupons, upon application by any such holder which must be accompanied by a certified transcript of a decision of nullification of such Bond Certificates or Coupons; provided, however, that as to those Bonds or Coupons which have then matured, the principal or interest shall be paid by the Paying Agent without surrender of the Bond Certificates or the Coupons upon presentation of a certified transcript of a decision of nullification of such Bond Certificates or Coupons. Any Japanese court having jurisdiction over the place of principal and interest payment shall have jurisdiction concerning the procedures for the nullification decision regarding the Bond Certificates or the Coupons. If a holder of a Bond Certificate or a Coupon which has been lost, stolen, destroyed or mutilated makes a request, for the purpose of obtaining a decision of nullification, for a certificate to the effect that such Bond Certificate or Coupon has been issued by the Issuer, the Fiscal Agent shall prepare and deliver such certificate. If it is possible for the Fiscal Agent to identify mutilated Bond Certificates or Coupons, it shall, upon surrender to it of such Bond Certificates or Coupons, prepare and deliver substitute Bond Certificates or Coupons therefor without requiring a nullification decision and destroy the surrendered Bond Certificates or Coupons. The actual expenses incurred in respect of the preparation and delivery of substitute Bond Certificates or Coupons or said certificate shall be borne by the applicant therefor.
Replacement of Bonds. The replacement of lost, stolen, destroyed or mutilated Bonds shall be in accordance with the Indenture.
Replacement of Bonds. If a Bond ceases to satisfy the requirements of clause 4.2, then the relevant Franchisee must:
Replacement of Bonds. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of any Bond and, in the case of any such loss, theft or destruction of any Bond, upon delivery of an indemnity bond in such reasonable amount as the Company may determine, or, in the case of such mutilation, upon the surrender of such Bond for cancellation to the Company at its principal office, the Company will execute and deliver, in lieu thereof, a new Bond of like tenor, dated so that there will be no loss of interest on such lost, stolen, destroyed or mutilated Bond. Any Bond in lieu of which any such new Bond has been so executed and delivered by the Company shall not be deemed to be an outstanding Bond for any purpose of this Agreement.
