Common use of Delivery of Exchange Note Clause in Contracts

Delivery of Exchange Note. On the Closing Date, the Issuing Entity shall deliver or cause to be delivered to the Indenture Trustee as security for its obligations hereunder, the Closed-End Exchange Note. The Indenture Trustee shall take possession of the Closed-End Exchange Note in Buffalo, New York, or any other such location where the Indenture Trustee holds such notes and other security items and shall at all times during the period of this Indenture maintain custody of the Closed-End Exchange Note at such location.