Endorsement or Replacement of Certificates Delivered After Amendments. The Lessor may determine that Certificates delivered after the effective date of any action taken as provided in this Article X will bear a notation, by endorsement or otherwise, in form approved by the Lessor, as to such action. In that case, upon demand of the Owner of any affected Certificates Outstanding at such effective date and presentation of his or her Certificates for the purpose at the office of the Trustee, a suitable notation will be made on such Certificates. New Certificates, so modified as in the opinion of the Lessor is necessary to conform to such Certificates Owners' action, will be prepared, executed and delivered. In that case, upon demand of the Owner of any Certificates then Outstanding, such new Certificates will be exchanged in the designated office of the Trustee, without cost to such Owner, for Certificates of the same character then Outstanding, upon surrender of such Certificates.
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Samples: Trust Indenture
Endorsement or Replacement of Certificates Delivered After Amendments. The Lessor Lessee may determine that Certificates delivered after the effective date of any action taken as provided in this Article X will IX shall bear a notation, by endorsement or otherwiseendorsement, in form approved by the LessorLessee and the Trustee, as to such action. In that case, upon demand of the Owner Certificateholder of any affected Certificates Certificate Outstanding at such effective date and presentation of his or her Certificates Certificate for the that purpose at the office of the Trustee, a suitable notation will shall be made on such CertificatesCertificate. New The Lessee may determine that new Certificates, so modified as in the opinion of the Lessor Lessee is necessary to conform to such Certificates Owners' Certificateholder’s action, will shall be prepared, executed and delivered. In that case, upon demand of the Owner Certificateholder of any Certificates Certificate then Outstanding, such new Certificates will Certificate shall be exchanged in the designated office Principal Corporate Trust Office of the Trustee, Trustee without cost to such Ownerthe Certificateholder, for Certificates a Certificate of the same character then Outstanding, upon surrender of such CertificatesCertificate.
Appears in 1 contract
Samples: Lease Agreement
Endorsement or Replacement of Certificates Delivered After Amendments. The Lessor Trustee may determine that Certificates delivered after the effective date of any action taken as provided in this Article X will shall bear a notation, by endorsement or otherwiseendorsement, in form approved by b y the LessorTrustee, as to such action. In that case, upon demand of the Owner of o f any affected Certificates Certificate Outstanding at such effective date and presentation of his or her Certificates Certificate for the that purpose at the office of the Trustee, a suitable notation will shall be made on such CertificatesCertificate. New The Trustee may determine that new Certificates, so modified as in the opinion of the Lessor Trustee is necessary to conform to such Certificates Owners' Certificate Owner’s action, will shall be prepared, executed and delivered. In that case, upon demand of the Owner of any Certificates Certificate then Outstanding, such new Certificates will Certificate shall be exchanged in the designated office Principal Office of the Trustee, Trustee without cost to such Owner, for Certificates a Certificate of the same character then Outstanding, upon surrender of such CertificatesCertificate.
Appears in 1 contract
Samples: Lease Agreement
Endorsement or Replacement of Certificates Delivered After Amendments. The Lessor Trustee may determine that Certificates delivered after the effective date of any action taken as provided in this Article X will shall bear a notation, by endorsement or otherwiseendorsement, in form approved by the LessorTrustee, as to such action. In that case, upon demand of the Owner of any affected Certificates Outstanding Certificate at such effective date and presentation of his or her Certificates Certificate for the such purpose at the office of the TrusteePrincipal Office, a suitable notation will shall be made on such CertificatesCertificate. New The Trustee may determine that new Certificates, so modified as in the opinion of the Lessor Trustee is necessary to conform to such Certificates Owners' Owner’s action, will shall be prepared, executed and delivered. In that case, upon demand of the Owner of any Certificates Certificate then Outstanding, such new Certificates will Certificate shall be exchanged in the designated office of the Trustee, Principal Office without cost to such Owner, for Certificates a Certificate of the same character then Outstanding, upon surrender of such CertificatesCertificate.
Appears in 1 contract
Samples: Trust Agreement