Common use of Replacement Senior Notes Clause in Contracts

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