Replacement of Debenture Sample Clauses

Replacement of Debenture. (a) In case this Debenture shall be mutilated, defaced, lost, destroyed or stolen, the Company, subject to Applicable Laws, shall issue and the Transfer Agent shall certify and deliver a new Debenture of like date and tenor as the one mutilated, defaced, lost, destroyed or stolen in exchange for and in place of and upon cancellation of such Debenture and in lieu of and in substitution for such mutilated, defaced, lost, destroyed or stolen Debenture, and the new Debenture shall be entitled to the benefit hereof and rank equally in accordance with its terms with all other Debenture.
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Replacement of Debenture. Upon receipt of evidence satisfactory to the Company of the loss, theft, destruction or mutilation of this Debenture and, in the case of any such loss, theft, destruction, upon delivery of indemnity satisfactory to the Company. Or in the case of any such mutilation, upon surrender and cancellation of this Debenture, the Company will issue a new Debenture, of like tenor, in lieu of such lost, stolen, destroyed or mutilated Debenture.
Replacement of Debenture. Upon receipt of evidence satisfactory to the Borrower of the loss, theft, destruction, or mutilation of this Debenture and in the case of any such loss, theft, or destruction, upon delivery of an undertaking of indemnity satisfactory to the Borrower, if requested by the Borrower, or in the case of any such mutilation, upon surrender and cancellation of such Debenture, the Borrower shall issue a new Debenture identical in form to the lost, stolen, destroyed, or mutilated Debenture.
Replacement of Debenture. On receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction, or mutilation of this Debenture and (i) in the case of loss, theft, or destruction, on delivery of an indemnity agreement reasonably satisfactory in form and substance to the Company or (ii) in the case of mutilation, on surrender and cancellation of this Debenture, the Company shall execute and deliver, in lieu of this Debenture, a new Debenture of like tenor and amount. The Holder shall reimburse the Company for all reasonable expenses incidental to replacement of this Debenture.
Replacement of Debenture. (a) In case this Debenture shall be mutilated, defaced, lost, destroyed or stolen, the Company, subject to Applicable Laws, shall issue and the Transfer Agent shall certify and deliver a new Debenture of like date and tenor as the one mutilated, defaced, lost, destroyed or stolen in exchange for and in place of and upon cancellation of such Debenture and in lieu of and in substitution for such mutilated, defaced, lost, destroyed or stolen Debenture, and the new Debenture shall be entitled to the benefit hereof and rank equally in accordance with its terms with all other Debenture. (b) Upon the application for the issue of a new Debenture pursuant to this Section 2.3, the Holder shall bear the costs of the issue thereof and in case of loss, destruction or theft shall, as a condition precedent to the issue thereof, provide to the Transfer Agent such evidence of ownership and of the loss, destruction or theft of the Debenture so lost, destroyed or stolen as shall be satisfactory to the Transfer Agent and the Company in their discretion and the Holder may also be required to provide an indemnity in amount and form satisfactory to the Transfer Agent and the Company in their discretion.
Replacement of Debenture. Upon receipt of evidence satisfactory ------------------------ to the Company of the loss, theft, destruction or mutilation of any Debenture and, if requested in the case of any such loss, theft or destruction, upon delivery of an indemnity bond or other agreement or security reasonably satisfactory to the Company, or, in the case of any such mutilation, upon surrender and cancellation of such Debenture, the Company will issue a new Debenture, of like tenor and amount, in lieu of such lost, stolen, destroyed or mutilated Debenture; provided, however, if any Debenture of which Purchaser, its nominee, or any of its partners, officers or principals is the registered holder is lost, stolen or destroyed, the affidavit of such principal or general partner or any principal or corporate officer of such holder setting forth the circumstances with respect to such loss, theft or destruction, together with an agreement to indemnify the Company with respect thereto shall be accepted as satisfactory evidence thereof, and no bond or other security shall be required as a condition to the execution and delivery by the Company of a new Debenture in replacement of such lost, stolen or destroyed Debenture.
Replacement of Debenture. 2.1. In the event that this Debenture is mutilated, destroyed, lost or stolen, Payor shall, at its sole expense, execute, register and deliver a new Debenture, in exchange and substitution for this Debenture, if mutilated, or in lieu of and substitution for this Debenture, if destroyed, lost or stolen. In the case of destruction, loss or theft, Payee shall furnish to Payor indemnity reasonably satisfactory to Payor, and in any such case, and in the case of mutilation, Payee shall also furnish to Payor evidence to its reasonable satisfaction of the mutilation, destruction, loss or theft of this Debenture and of the ownership thereof. Any replacement Debenture so issued shall be in the same outstanding principal amount as this Debenture and dated the date to which interest shall have been paid on this Debenture or, if no interest shall have yet been paid, dated the date of this Debenture.
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Replacement of Debenture. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of the Debenture and, in the case of such mutilation, upon surrender or cancellation of such Debenture, the Company, at its expense, shall execute and deliver in lieu thereof a new Debenture of like tenor dated the date to which interest shall have been paid on such Debenture or, if no interest shall have been so paid, then dated the date of such Debenture.
Replacement of Debenture. 5.1.1 In case this Debenture shall become mutilated or be lost, destroyed or stolen, the Borrower shall issue, and thereupon deliver, a new Debenture of like tenor as the one mutilated, lost, destroyed or stolen in exchange for and upon surrender and cancellation of such mutilated Debenture or in lieu of and in substitution for such lost, destroyed or stolen Debenture, and the new Debenture shall be entitled to the benefit hereof and rank equally in accordance with its terms with all other Debentures.
Replacement of Debenture. If this Debenture shall become mutilated or be lost, stolen or destroyed and in the absence of notice that the Debenture has been acquired by a bona fide purchaser, the Borrower in its discretion may issue a new Debenture upon surrender and cancellation of the mutilated Debenture, or, in the event that a Debenture is lost, stolen or destroyed, in lieu of and in substitution for the same, and the substituted Debenture shall be in the form hereof and the Holder shall be entitled to benefits hereof. In case of loss, theft or destruction, the Holder shall furnish to the Borrower such evidence of such loss, theft or destruction as shall be satisfactory to the Borrower in its discretion acting reasonably together with an indemnity in form and substance mutually acceptable to the Borrower and the Holder, each acting reasonably. The applicant shall pay reasonable expenses incidental to the issuance of any such new Debenture.
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