Common use of Exchange Upon Default Clause in Contracts

Exchange Upon Default. If default is made in the payments referred to in Section 12.01, the Company hereby undertakes that upon presentation and surrender of a permanent Global Note to the Trustee (or to any other Person or at any other address as the Company may designate in writing), on any Business Day on or after the maturity date thereof the Company will issue and the Trustee will authenticate and deliver to the Holder of such permanent Global Note duly executed and authenticated definitive Debt Securities with the same issue date and maturity date as set out in such permanent Global Note.

Appears in 12 contracts

Samples: Indenture (Genesee & Wyoming Inc), Senior Indenture (Magnum Hunter Resources Inc), Subordinated Debt Indenture (Scotts Miracle-Gro Co)

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Exchange Upon Default. If default is made in the payments referred to in Section 12.01, the Company hereby undertakes that upon presentation and surrender of a permanent Global Note to the Trustee (or to any other Person or at any other address as the Company may designate in writing), on any Business Day on or after the maturity date thereof the Company will issue and the Trustee will authenticate and deliver to the Holder bearer of such permanent Global Note duly executed and authenticated definitive Debt Securities with the same issue date and maturity date as set out in such permanent Global Note.

Appears in 8 contracts

Samples: Indenture (Prison Realty Trust Inc), Indenture (TMS Venture Holdings Inc), Indenture (United Companies Financial Corp)

Exchange Upon Default. If default is made in the payments referred to in Section 12.01, the Company hereby undertakes that upon presentation and surrender of a permanent Global Note to the Trustee (or to any other Person or at any other address as the Company may designate in writing), on any Business Day on or after the maturity due date thereof the Company will issue and the Trustee will authenticate and deliver to the Holder of such permanent Global Note duly executed and authenticated definitive Debt Securities with the same issue date and maturity date as set out in such permanent Global Note.

Appears in 5 contracts

Samples: Senior Debt Indenture (Calgon Carbon Corporation), Subordinated Debt Indenture (Calgon Carbon Corporation), Subordinated Debt Indenture (MOB Corp)

Exchange Upon Default. If default is made in the payments referred to in Section 12.01, then the Company hereby undertakes that that, upon presentation and surrender of a permanent Global Note to the Trustee (or to any other Person or at any other address as the Company may designate in writing), on any Business Day on or after the maturity date thereof thereof, the Company will issue and the Trustee will authenticate and deliver make available for delivery to the Holder bearer of such permanent Global Note duly executed and authenticated definitive Debt Securities with the same issue date and maturity date as set out in such permanent Global Note.

Appears in 4 contracts

Samples: Indenture (Harrahs Entertainment Inc), Indenture (Park Place Entertainment Corp), Indenture (Hilton Hotels Corp)

Exchange Upon Default. If default is made in the payments referred to in Section 12.0112.1, then the Company hereby undertakes that that, upon presentation and surrender of a permanent Global Note to the Trustee (or to any other Person or at any other address as the Company may designate in writing), on any Business Day on or after the maturity date thereof thereof, the Company will issue and the Trustee will authenticate and deliver to the Holder bearer of such permanent Global Note duly executed and authenticated definitive Debt Securities Notes with the same issue date and maturity date as set out in such permanent Global Note.

Appears in 3 contracts

Samples: Indenture (MGM Grand Inc), Indenture (MGM Grand Inc), Indenture (MGM Mirage)

Exchange Upon Default. If default is made in the payments referred to in Section 12.0112.1, the Company hereby undertakes that upon presentation and surrender of a permanent Global Note to the Trustee (or to any other Person or at any other address as the Company may designate in writing), on any Business Day on or after the maturity date thereof the Company will issue and the Trustee will authenticate and deliver to the Holder bearer of such permanent Global Note duly executed and authenticated definitive Debt Securities with the same issue date and maturity date as set out in such permanent Global Note.

Appears in 3 contracts

Samples: Senior Indenture (Rga Capital Trust Ii), Subordinated Indenture (Rga Capital Trust Ii), Subordinated Indenture (Reinsurance Group of America Inc)

Exchange Upon Default. If default is made in the payments referred to in Section 12.0112.1, the Company hereby undertakes that upon presentation and surrender of a permanent Global Note to the Trustee (or to any other Person or at any other address as the Company may designate in writing), on any Business Day on or after the maturity date thereof the Company will issue and the Trustee will authenticate and deliver to the Holder holder of such permanent Global Note duly executed and authenticated definitive Debt Securities with the same issue date and maturity date as set out in such permanent Global Note.

Appears in 2 contracts

Samples: Junior Subordinated Indenture (Rga Capital Trust Ii), Junior Subordinated Indenture (Reinsurance Group of America Inc)

Exchange Upon Default. If default is made in the payments referred to in Section 12.01, the Company hereby undertakes that upon presentation and surrender of a permanent Global Note to the Trustee (or to any other Person or at any other address as the Company may designate in writing), on any Business Day on or after the maturity date thereof the Company will issue and the Trustee 29 Subordinated Indenture will authenticate and deliver to the Holder of such permanent Global Note duly executed and authenticated definitive Debt Securities with the same issue date and maturity date as set out in such permanent Global Note.

Appears in 1 contract

Samples: Subordinated Indenture (Meridian Resource CORP)

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Exchange Upon Default. If default is made in the payments referred to in Section 12.01, the Company hereby undertakes that upon presentation and surrender of a permanent Global Note to the Trustee (or to any other Person or at any other address as the Company may designate in writing), on any Business Day on or after the maturity date thereof the Company will issue and the Trustee will authenticate and deliver to the Holder bearer or holder of such permanent Global Note duly executed and authenticated definitive Debt Securities with the same issue date and maturity date as set out in such permanent Global Note.

Appears in 1 contract

Samples: Indenture (Sunoco Inc)

Exchange Upon Default. If default is made in the payments referred to in Section 12.01, then the Company hereby undertakes that that, upon presentation and surrender of a permanent Global Note to the Trustee (or to any other Person or at any other address as the Company may designate in writing), on any Business Day on or after the maturity date thereof thereof, the Company will issue and the Trustee will authenticate and deliver to the Holder bearer of such permanent Global Note duly executed and authenticated definitive Debt Securities with the same issue date and maturity date as set out in such permanent Global Note.

Appears in 1 contract

Samples: Indenture (Hilton Hotels Corp)

Exchange Upon Default. If default is made in the payments referred to in Section 12.0112.1, the Company hereby undertakes that upon presentation and surrender of a permanent Permanent Global Note to the Trustee (or to any other Person or at any other address as the Company may designate in writing), on any Business Day on or after the maturity date thereof the Company will issue and the Trustee will authenticate and deliver to the Holder bearer of such permanent Permanent Global Note duly executed and authenticated definitive Debt Securities with the same issue date and maturity date as set out in such permanent Permanent Global Note.

Appears in 1 contract

Samples: Subordinated Indenture (Talx Corp)

Exchange Upon Default. If a default is made occurs in the payments referred to in Section 12.01, the Company hereby undertakes that upon presentation and surrender of a permanent Global Note to the Trustee (or to any other Person or at any other address as the Company may designate in writing), on any Business Day on or after the maturity date thereof the Company will issue and the Trustee will authenticate and deliver to the Holder bearer of such permanent Global Note duly executed and authenticated definitive Debt Securities with the same issue date and maturity date as set out in such permanent Global Note.

Appears in 1 contract

Samples: Indenture (Maxxam Inc)

Exchange Upon Default. If default is made in the payments referred to in Section 12.01, the Company hereby undertakes that upon presentation and surrender of a permanent Global Note to the Trustee (or to any other Person or at any other address as the Company may designate in writing), on any Business Day on or after the maturity date thereof the Company will issue and the Trustee Subordinated Indenture 29 will authenticate and deliver to the Holder of such permanent Global Note duly executed and authenticated definitive Debt Securities with the same issue date and maturity date as set out in such permanent Global Note.

Appears in 1 contract

Samples: Subordinated Indenture (Tesoro Alaska Co)

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