Common use of Execution and Delivery of Indenture Clause in Contracts

Execution and Delivery of Indenture. To further evidence a Note Guarantee set forth in Section 1501, each Guarantor hereby agrees that this Indenture shall be executed by either manual or facsimile signature of an Officer of each Guarantor. The validity and enforceability of any Note Guarantee shall not be affected by the fact that it is not affixed to any particular Security. Each of the Guarantors hereby agrees that its Note Guarantee set forth in Section 1501 shall remain in full force and effect notwithstanding any failure to endorse on each Security a notation of such Note Guarantee. If an Officer of a Guarantor whose signature is on this Indenture no longer holds that office at the time the Trustee authenticates the Securities or at any time thereafter, such Guarantor’s Note Guarantee (pursuant to this Indenture) of such Security shall be valid nevertheless. The delivery of the Securities of any series by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Note Guarantee set forth in this Indenture on behalf of such Guarantor.

Appears in 3 contracts

Samples: Senior Indenture (Alpha Natural Resources, Inc.), Indenture (Energy Transport CO), Senior Indenture (Massey Energy Co)

AutoNDA by SimpleDocs

Execution and Delivery of Indenture. To further evidence a Note Guarantee set forth in Section 15011301, each Guarantor hereby agrees that this Indenture Indenture, or a supplemental indenture hereto, shall be executed by either manual or facsimile signature of an Officer of each such Guarantor. The validity and enforceability of any Note Guarantee shall not be affected by the fact that it is not affixed to any particular Security. Each of the Guarantors hereby agrees that its Note Guarantee set forth in Section 1501 1301 shall remain in full force and effect notwithstanding any failure to endorse on each Security a notation of such Note Guarantee. If an Officer of a Guarantor whose signature is on this Indenture Indenture, or an indenture supplemental hereto, no longer holds that office at the time the Trustee authenticates the Securities or at any time thereafter, such Guarantor’s Note Guarantee (pursuant to this Indenture) of such Security shall be valid nevertheless. The delivery of the Securities of any series by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the Note Guarantee Guarantees set forth in this Indenture on behalf of such Guarantor.

Appears in 3 contracts

Samples: Indenture (WPP PLC), Indenture (WPP Finance 2010), Indenture (WPP Air 1 LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!