Common use of Temporary Senior Notes Clause in Contracts

Temporary Senior Notes. Until definitive Senior Notes are ready for delivery, Anvil may prepare and the Trustee shall authenticate temporary Senior Notes upon a written order of Anvil signed by two Officers of Anvil. Temporary Senior Notes shall be substantially in the form of definitive Senior Notes but may have variations that Anvil considers appropriate for temporary Senior Notes and as shall be reasonably acceptable to the Trustee. Without unreasonable delay, Anvil shall prepare and the Trustee shall authenticate definitive Senior Notes in exchange for temporary Senior Notes. Holders of temporary Senior Notes shall be entitled to all of the benefits of this Indenture.

Appears in 2 contracts

Sources: Indenture (Cottontops Inc), Indenture (Anvil Holdings Inc)