Common use of Mutilated, Destroyed, Lost or Stolen Securities Clause in Contracts

Mutilated, Destroyed, Lost or Stolen Securities. In case any temporary or definitive Security or any coupon appurtenant to a Coupon Security shall become mutilated or be destroyed, lost or stolen, the Company in its discretion may execute, and upon written authorization or request of any officer of the Company, the Trustee shall authenticate and deliver, a new Security (in the case of a Coupon Security, with coupons corresponding to the coupons appertaining to the mutilated, destroyed, lost or stolen Security or the Security with respect to which a coupon shall have become mutilated, destroyed, stolen or lost) of the same series and of like tenor and principal amount at Stated Maturity bearing a number not contemporaneously outstanding. In every case the applicant for a substituted Security shall furnish to the Company and to the Trustee such security or indemnity as may be required by them to save each of them harmless, and, in every case of destruction, loss or theft, the applicant shall also furnish to the Company and to the Trustee evidence to their satisfaction of the destruction, loss or theft of such Security and of the ownership thereof. In every case of

Appears in 2 contracts

Samples: Indenture (Atlantic Richfield Co /De), Indenture (Atlantic Richfield Co /De)

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Mutilated, Destroyed, Lost or Stolen Securities. (a) In case any temporary or definitive Security of any series or any related coupon appurtenant to a Coupon Security shall become mutilated or be destroyed, lost or stolen, the Company in its discretion may execute, and upon written authorization its request and in the absence of notice to the Company and the Trustee that such Security or request of any officer of the Companycoupon has been acquired by a bona fide purchaser, the Trustee shall authenticate and deliver, deliver a new Security (in the case of a Coupon Security, with coupons corresponding to the coupons appertaining to the mutilated, destroyed, lost or stolen Security or the Security with respect to which a coupon shall have become mutilated, destroyed, stolen or lost) of the same series or related coupon, of equal aggregate principal amount and of like tenor and principal amount at Stated Maturity terms bearing a number not contemporaneously outstanding, in exchange and substitution for the mutilated Security or coupon, or in lieu of and in substitution for the Security or coupon so destroyed, lost or stolen. In every case the applicant for a substituted substitute Security or coupon shall furnish to the Company and to the Trustee such security or indemnity as may be required by them to save hold each of them harmless, and, in every case of destruction, loss or theft, the applicant also shall also furnish to the Company and to the Trustee evidence to their satisfaction of the destruction, loss or theft of such Security or coupon and of the ownership thereof. In every case ofof such Security or coupon.

Appears in 2 contracts

Samples: Mercantile Bancorporation Inc, Mercantile Bancorporation Inc

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Mutilated, Destroyed, Lost or Stolen Securities. (a) In case any temporary or definitive Security of any series or any related coupon appurtenant to a Coupon Security shall become mutilated or be destroyed, lost or stolen, the Company Company, in its discretion discretion, may execute, and upon written authorization its request and in the absence of notice to the Company and the Trustee that such Security or request of any officer of the Companycoupon has been acquired by a bona fide purchaser, the Trustee shall authenticate and deliver, deliver a new Security (in the case of a Coupon Security, with coupons corresponding to the coupons appertaining to the mutilated, destroyed, lost or stolen Security or the Security with respect to which a coupon shall have become mutilated, destroyed, stolen or lost) of the same series or related coupon, of equal aggregate principal amount and of like tenor and principal amount at Stated Maturity terms bearing a number not contemporaneously outstandingOutstanding, in exchange and substitution for the mutilated Security or coupon, or in lieu of and in substitution for the Security or coupon so destroyed, lost or stolen. In every case the applicant for a substituted Security or coupon shall furnish to the Company and to the Trustee such security or indemnity as may be required by them to save hold each of them harmless, and, in every case of destruction, loss or theft, the applicant also shall also furnish to the Company and to the Trustee evidence to their satisfaction of the destruction, loss or theft of such Security security or coupon and of the ownership thereof. In every case ofof such Security or coupon.

Appears in 2 contracts

Samples: Mercantile Bancorporation Inc, Mercantile Bancorporation Inc

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