Interim Debentures. Subject to the provisions of any Supplemental Indenture authorizing any Series of Debentures, definitive Debentures, other than Global Debentures, of such Series shall be lithographed or printed with steel engraved borders. Pending the preparation and delivery to the Trustees of definitive Debentures of any Series, the Corporation may execute in lieu thereof (but subject to the same provisions, conditions and limitations as herein set forth) and the Trustees may certify interim printed, mimeographed or typewritten Debentures, in such forms and in such denominations and with such appropriate omissions, insertions and variations as may be approved by any two officers of the Corporation (whose authentication or signature, either manual or facsimile, on any such interim Debentures shall be conclusive evidence of such approval) entitling the Holders thereof to receive definitive Debentures of such Series in any authorized denominations and forms when the same are prepared and ready for delivery, without expense to such Holders, but the total amount of interim Debentures of any Series so issued shall not exceed the total amount of Debentures of such Series for the time being authorized. Forthwith after the issuance of any such interim Debentures, the Corporation shall cause to be prepared the appropriate definitive Debentures for delivery to the Holders of such interim Debentures. After the preparation of definitive Debentures of a Series, the interim Debenture or Debentures of such Series shall be exchangeable for definitive Debentures of such Series upon surrender of such interim Debenture or Debentures at the Corporate Trust Office or at the principal office of any other Paying Agent, without charge to the holder thereof. Upon surrender of any such interim Debenture, the Corporation shall execute and the Trustees shall authenticate and deliver in exchange for all or any part of such interim Debenture, one or more definitive Debentures of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the aggregate principal amount of the interim Debenture or part thereof that is being exchanged for such definitive Debenture or Debentures and if part only of such interim Debenture is being exchanged for such definitive Debenture or Debentures, together with such interim Debenture with the reduction of the principal amount thereof endorsed thereon or on a Schedule “A” annexed thereto by the Trustees or such Paying Agent or together with a new interim Debenture or Debentures, executed by the Corporation and authenticated and delivered by the Trustees, of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the remaining principal amount of the surrendered interim Debenture or Debentures. Upon the exchange of the entire principal amount of an interim Debenture for definitive Debentures or for definitive Debentures together with new interim Debentures, the interim Debenture so exchanged shall be cancelled. Any interim Debentures when duly issued shall, until exchanged for definitive Debentures, entitle the Holders thereof to rank for all purposes as Debentureholders and otherwise in respect of this Indenture to the same extent and in the same manner as though such exchange had actually been made. Any interest paid upon interim Debentures shall be noted thereon by the Paying Agent at the time of payment unless paid by warrant or cheque to the Holder thereof.
Appears in 1 contract
Samples: Indenture (Brookfield Renewable Energy Partners L.P.)
Interim Debentures. Subject to the provisions of any Supplemental Indenture authorizing any Series of Debentures, definitive Debentures, other than Global Debentures, of such Series shall be lithographed or printed with steel engraved borders. (a) Pending the preparation and delivery to the Trustees Indenture Trustee of definitive Debentures of any SeriesDebentures, the Corporation may execute in lieu thereof (but subject to the same provisions, conditions and limitations as herein set forth) ), and the Trustees Indenture Trustee may certify certify, interim printed, mimeographed or typewritten Debentures, Debentures in such forms form and in such denominations and with such appropriate insertions, omissions, insertions substitutions and variations as the Indenture Trustee and the Corporation may approve (such approval to be approved conclusively evidenced by any two officers the certification of such Debentures by or on behalf of the Corporation (whose authentication or signatureIndenture Trustee and the signature thereof, either manual or in facsimile, on by any such interim Debentures shall be conclusive evidence trustee or officer of such approvalthe Corporation) entitling the Holders holders thereof to receive definitive Debentures of such Series in any authorized denominations and forms when the same are prepared and ready for delivery, without expense to such Holdersthe holders, but the total amount of interim Debentures of any Series so issued shall not exceed the total aggregate principal amount of Debentures of such Series for the time being authorizedauthorized to be issued hereunder. Forthwith after the issuance of any such interim Debentures, Debentures the Corporation shall cause to be prepared the appropriate definitive Debentures for delivery to the Holders holders of such interim Debentures. After the preparation of definitive Debentures of a Series, the interim Debenture or Debentures of .
(b) Any such Series shall be exchangeable for definitive Debentures of such Series upon surrender of such interim Debenture or Debentures at the Corporate Trust Office or at the principal office of any other Paying Agent, without charge to the holder thereof. Upon surrender of any such interim Debenture, the Corporation shall execute and the Trustees shall authenticate and deliver in exchange for all or any part of such interim Debenture, one or more definitive Debentures of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the aggregate principal amount of the interim Debenture or part thereof that is being exchanged for such definitive Debenture or Debentures and if part only of such interim Debenture is being exchanged for such definitive Debenture or Debentures, together with such interim Debenture with the reduction of the principal amount thereof endorsed thereon or on a Schedule “A” annexed thereto by the Trustees or such Paying Agent or together with a new interim Debenture or Debentures, executed by the Corporation and authenticated and delivered by the Trustees, of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the remaining principal amount of the surrendered interim Debenture or Debentures. Upon the exchange of the entire principal amount of an interim Debenture for definitive Debentures or for definitive Debentures together with new interim Debentures, the interim Debenture so exchanged shall be cancelled. Any interim Debentures when duly issued shall, until exchanged for definitive Debentures, entitle the Holders holders thereof to rank for all purposes as Debentureholders and otherwise in respect of this Indenture to the same extent and in the same manner as though such the said exchange had actually been made. Any interest paid upon When exchanged for definitive Debentures such interim Debentures shall forthwith be noted thereon cancelled by the Paying Agent at the time of payment unless paid by warrant or cheque to the Holder thereofIndenture Trustee.
Appears in 1 contract
Samples: Trust Indenture
Interim Debentures. Subject to the provisions of any Supplemental Indenture authorizing any Series of Debentures, definitive Debentures, other than Global Debentures, of such Series shall be lithographed or printed with steel engraved borders. Pending the preparation and delivery to the Trustees Trustee of definitive Debentures of any SeriesDebentures, the Corporation may execute in lieu thereof (but subject to the same provisions, conditions and limitations as herein set forth) ), and the Trustees Trustee may certify certify, interim printed, mimeographed or typewritten Debentures, in such forms form and in such denominations and with such appropriate omissions, insertions and variations as may be approved by any two officers the Trustee and either the Chief Executive Officer or a Vice President of the Corporation (whose authentication certification or signature, either manual or in facsimile, as the case may be, on any such interim Debentures shall be conclusive evidence of such approval) entitling the Holders thereof to receive definitive Debentures of such Series in any authorized denominations and forms when the same are prepared and ready for delivery, without expense to such Holders, but the total amount of interim Debentures of any Series so issued shall not exceed the total aggregate principal amount of Debentures of such Series for the time being authorizedauthorized to be issued hereunder. Forthwith after the issuance of any such interim Debentures, Debentures the Corporation shall cause to be prepared the appropriate definitive Debentures for delivery to the Holders of such interim Debentures. After the preparation of definitive Interim Debentures of a Series, the interim Debenture or Debentures of such Series shall be exchangeable for definitive Debentures of such Series upon surrender of such interim Debenture or Debentures at the Corporate Trust Office or at the principal office of any other Paying Agent, without charge to the holder thereof. Upon surrender of any such interim Debenture, the Corporation shall execute and the Trustees shall authenticate and deliver in exchange for all or any part of such interim Debenture, one or more definitive Debentures of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the aggregate principal amount of the interim Debenture or part thereof that is being exchanged for such definitive Debenture or Debentures and if part only of such interim Debenture is being exchanged for such definitive Debenture or Debentures, together with such interim Debenture with the reduction of the principal amount thereof endorsed thereon or on a Schedule “A” annexed thereto by the Trustees or such Paying Agent or together with a new interim Debenture or Debentures, executed by the Corporation and authenticated and delivered by the Trustees, of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the remaining principal amount of the surrendered interim Debenture or Debentures. Upon the exchange of the entire principal amount of an interim Debenture for definitive Debentures or for definitive Debentures together with new interim Debentures, the interim Debenture so exchanged shall be cancelled. Any interim Debentures when which have been duly issued shall, until exchanged for definitive Debentures, entitle the Holders thereof to rank for all purposes as Debentureholders and otherwise in respect of this Indenture to the same extent and in the same manner as though such exchange had actually been made. When exchanged for definitive Debentures such interim Debentures shall forthwith be cancelled by the Trustee. Any interest paid upon interim Debentures shall be noted thereon by the Paying Agent paying agent at the time of payment unless paid by warrant or cheque to the Holder thereof.
Appears in 1 contract
Samples: Trust Indenture (MDC Partners Inc)
Interim Debentures. Subject to the provisions of any Supplemental Indenture authorizing any Series of Debentures, definitive Debentures, other than Global Debentures, of such Series shall be lithographed or printed with steel engraved borders. (a) Pending the preparation and delivery to the Trustees Indenture Trustee of definitive Debentures of any SeriesDebentures, the Corporation may execute in lieu thereof (but subject to the same provisions, conditions and limitations as herein set forth) ), and the Trustees may certify Indenture Trustee shall certify, interim printed, mimeographed or typewritten Debentures, Debentures in such forms form and in such denominations and with such appropriate insertions, omissions, insertions substitutions and variations as the Indenture Trustee and the Corporation may approve (such approval to be approved conclusively evidenced by any two officers the certification of such Debentures by or on behalf of the Corporation (whose authentication or signatureIndenture Trustee and the signature thereof, either manual or in facsimile, on by any such interim Debentures shall be conclusive evidence trustee or officer of such approvalthe Corporation) entitling the Holders holders thereof to receive definitive Debentures of such Series in any authorized denominations and forms when the same are prepared and ready for delivery, without expense to such Holdersthe holders, but the total amount of interim Debentures of any Series so issued shall not exceed the total aggregate principal amount of Debentures of such Series for the time being authorizedauthorized to be issued hereunder. Forthwith after the issuance of any such interim Debentures, Debentures the Corporation shall cause to be prepared the appropriate definitive Debentures for delivery to the Holders holders of such interim Debentures. After the preparation of definitive Debentures of a Series, the interim Debenture or Debentures of .
(b) Any such Series shall be exchangeable for definitive Debentures of such Series upon surrender of such interim Debenture or Debentures at the Corporate Trust Office or at the principal office of any other Paying Agent, without charge to the holder thereof. Upon surrender of any such interim Debenture, the Corporation shall execute and the Trustees shall authenticate and deliver in exchange for all or any part of such interim Debenture, one or more definitive Debentures of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the aggregate principal amount of the interim Debenture or part thereof that is being exchanged for such definitive Debenture or Debentures and if part only of such interim Debenture is being exchanged for such definitive Debenture or Debentures, together with such interim Debenture with the reduction of the principal amount thereof endorsed thereon or on a Schedule “A” annexed thereto by the Trustees or such Paying Agent or together with a new interim Debenture or Debentures, executed by the Corporation and authenticated and delivered by the Trustees, of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the remaining principal amount of the surrendered interim Debenture or Debentures. Upon the exchange of the entire principal amount of an interim Debenture for definitive Debentures or for definitive Debentures together with new interim Debentures, the interim Debenture so exchanged shall be cancelled. Any interim Debentures when duly issued shall, until exchanged for definitive Debentures, entitle the Holders holders thereof to rank for all purposes as Debentureholders and otherwise in respect of this Indenture to the same extent and in the same manner as though such the said exchange had actually been made. Any interest paid upon When exchanged for definitive Debentures such interim Debentures shall forthwith be noted thereon cancelled by the Paying Agent at the time of payment unless paid by warrant or cheque to the Holder thereofIndenture Trustee.
Appears in 1 contract
Samples: Trust Indenture
Interim Debentures. Subject to the provisions of any Supplemental Indenture authorizing any Series of Debentures, definitive Debentures, other than Global Debentures, of such Series shall be lithographed or printed with steel engraved borders. Pending the preparation and delivery to the Trustees of definitive Debentures of any Seriesseries to the Trustee, the Corporation Bank may execute issue and the Trustee certify in lieu thereof (but subject to the same provisionsinterim Debentures, conditions and limitations as herein set forth) and the Trustees may certify interim printed, mimeographed with or typewritten Debentureswithout coupons, in such forms and in such denominations and with signed in such appropriate omissionsmanner as the Trustee and the Bank may approve, insertions and variations as may be approved by any two officers entitling the holders thereof to definitive Debentures of the Corporation (whose authentication or signaturesaid series when the same are ready for delivery. When so issued and certified, either manual or facsimilesuch interim Debentures shall, on any such for all purposes, be deemed to be Debentures and, pending the exchange thereof for definitive Debentures, the holders of the said interim Debentures shall be conclusive evidence of such approval) entitling the Holders thereof to receive definitive Debentures of such Series in any authorized denominations and forms when the same are prepared and ready for delivery, without expense to such Holders, but the total amount of interim Debentures of any Series so issued shall not exceed the total amount of Debentures of such Series for the time being authorized. Forthwith after the issuance of any such interim Debentures, the Corporation shall cause deemed to be prepared the appropriate definitive Debentures for delivery Debentureholders and entitled to the Holders of such interim Debentures. After the preparation of definitive Debentures of a Series, the interim Debenture or Debentures of such Series shall be exchangeable for definitive Debentures of such Series upon surrender of such interim Debenture or Debentures at the Corporate Trust Office or at the principal office of any other Paying Agent, without charge to the holder thereof. Upon surrender of any such interim Debenture, the Corporation shall execute and the Trustees shall authenticate and deliver in exchange for all or any part of such interim Debenture, one or more definitive Debentures of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the aggregate principal amount of the interim Debenture or part thereof that is being exchanged for such definitive Debenture or Debentures and if part only of such interim Debenture is being exchanged for such definitive Debenture or Debentures, together with such interim Debenture with the reduction of the principal amount thereof endorsed thereon or on a Schedule “A” annexed thereto by the Trustees or such Paying Agent or together with a new interim Debenture or Debentures, executed by the Corporation and authenticated and delivered by the Trustees, of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the remaining principal amount of the surrendered interim Debenture or Debentures. Upon the exchange of the entire principal amount of an interim Debenture for definitive Debentures or for definitive Debentures together with new interim Debentures, the interim Debenture so exchanged shall be cancelled. Any interim Debentures when duly issued shall, until exchanged for definitive Debentures, entitle the Holders thereof to rank for all purposes as Debentureholders and otherwise in respect benefit of this Trust Indenture to the same extent and in the same manner as though such the said exchange had actually been made. Any Forthwith after the Bank shall have executed and delivered the definitive Debentures to the Trustee, the Trustee shall call in for exchange all interim Debentures that shall have been issued and forthwith after such exchange shall cancel the same together with all unmatured coupons (if any) pertaining thereto. No charge shall be made by the Bank or the Trustee to the holders of such interim Debentures for such exchange thereof. All interest paid upon interim Debentures without coupons shall be noted thereon by the Paying Agent at the time of as a condition precedent to such payment unless paid by warrant or cheque to the Holder registered holders thereof.
Appears in 1 contract
Interim Debentures. Subject to the provisions of any Supplemental Indenture authorizing any Series of Debentures, definitive Debentures, other than Global Debentures, of such Series shall be lithographed or printed with steel engraved borders. Pending the preparation and delivery to the Trustees of definitive Debentures of any Seriesseries, the Corporation may execute issue and the Trustee or the Registrar certify in lieu thereof (but subject to the same provisionsinterim Debentures, conditions and limitations as herein set forth) and the Trustees may certify interim printed, mimeographed with or typewritten Debentureswithout coupons, in such forms and in such denominations and with signed in such appropriate omissionsmanner as the Trustee and the Corporation may approve, insertions and variations as may be approved by any two officers entitling the holders thereof to definitive Debentures of the Corporation (whose authentication or signaturesaid series when the same are ready for delivery. When so issued and certified, either manual or facsimilesuch interim Debentures shall, on any such for all purposes, be deemed to be debentures and, pending the exchange thereof for definitive Debentures, the holders of the said interim Debentures shall be conclusive evidence of such approval) entitling the Holders thereof to receive definitive Debentures of such Series in any authorized denominations and forms when the same are prepared and ready for delivery, without expense to such Holders, but the total amount of interim Debentures of any Series so issued shall not exceed the total amount of Debentures of such Series for the time being authorized. Forthwith after the issuance of any such interim Debentures, the Corporation shall cause deemed to be prepared the appropriate definitive Debentures for delivery Debentureholders and entitled to the Holders of such interim Debentures. After the preparation of definitive Debentures of a Series, the interim Debenture or Debentures of such Series shall be exchangeable for definitive Debentures of such Series upon surrender of such interim Debenture or Debentures at the Corporate Trust Office or at the principal office of any other Paying Agent, without charge to the holder thereof. Upon surrender of any such interim Debenture, the Corporation shall execute and the Trustees shall authenticate and deliver in exchange for all or any part of such interim Debenture, one or more definitive Debentures of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the aggregate principal amount of the interim Debenture or part thereof that is being exchanged for such definitive Debenture or Debentures and if part only of such interim Debenture is being exchanged for such definitive Debenture or Debentures, together with such interim Debenture with the reduction of the principal amount thereof endorsed thereon or on a Schedule “A” annexed thereto by the Trustees or such Paying Agent or together with a new interim Debenture or Debentures, executed by the Corporation and authenticated and delivered by the Trustees, of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the remaining principal amount of the surrendered interim Debenture or Debentures. Upon the exchange of the entire principal amount of an interim Debenture for definitive Debentures or for definitive Debentures together with new interim Debentures, the interim Debenture so exchanged shall be cancelled. Any interim Debentures when duly issued shall, until exchanged for definitive Debentures, entitle the Holders thereof to rank for all purposes as Debentureholders and otherwise in respect benefit of this Trust Indenture to the same extent and in the same manner as though such the said exchange had actually been made. Any Forthwith after the Corporation shall have executed and delivered the definitive Debentures to the Trustee or the Registrar, the Trustee or the Registrar shall call in for exchange all interim Debentures that shall have been issued and forthwith after such exchange shall cancel the same together with all unmatured coupons (if any) pertaining thereto. No charge shall be made by the Corporation, the Trustee or the Registrar to the holders of such interim Debentures for such exchange thereof. All interest paid upon interim Debentures without coupons shall be noted thereon by the Paying Agent at the time of as a condition precedent to such payment unless paid by warrant or cheque to the Holder registered holders thereof.
Appears in 1 contract
Samples: Trust Indenture (Bce Inc)
Interim Debentures. Subject to the provisions of any Supplemental Indenture authorizing any Series of Debentures, definitive Debentures, other than Global Debentures, of such Series shall be lithographed or printed with steel engraved borders. Pending the preparation and delivery to the Trustees of definitive Debentures of any Seriesseries or part of a series to the Trustee, the Corporation Bank may execute issue in lieu thereof (but subject to the same provisionsDebentures, conditions and limitations as herein set forth) and the Trustees may certify interim printed, mimeographed with or typewritten Debentureswithout coupons, in such forms and in such denominations and with sighed in such appropriate omissions, insertions manner as the Trustee and variations as the Bank may approve (such approval to be approved conclusively evidenced by any two officers the certification of such Debentures by or on behalf of the Corporation (whose authentication or signatureTrustee and the signature thereof on behalf of the Bank), either manual or facsimile, on any such interim Debentures shall be conclusive evidence of such approval) entitling the Holders holders thereof to receive definitive Debentures of such Series in any authorized denominations and forms the said series or part of a series when the same are prepared and ready for delivery, without expense to such Holders, but delivery or the total amount of Bank may execute and the Trustee certify an interim Debentures of any Series so issued shall not exceed Debenture for the total whole principal amount of Debentures of such Series for the time being authorized. Forthwith after the issuance of any such interim Debentures, the Corporation shall cause then authorized to be prepared issued and deliver the appropriate definitive Debentures for delivery same to the Holders of Trustee and thereupon the Trustee may issue interim certificates in such interim Debentures. After the preparation of definitive Debentures of a Seriesform and in such amounts, the interim Debenture or Debentures of such Series shall be exchangeable for definitive Debentures of such Series upon surrender of such interim Debenture or Debentures at the Corporate Trust Office or at the principal office of any other Paying Agent, without charge to the holder thereof. Upon surrender of any such interim Debenture, the Corporation shall execute and the Trustees shall authenticate and deliver not exceeding in exchange for all or any part of such interim Debenture, one or more definitive Debentures of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the aggregate the principal amount of the interim Debenture or part so delivered to it, as the Bank and the Trustee may approve, entitling the holders thereof that is being exchanged to definitive Debentures when the same are ready for such definitive Debenture or Debentures delivery. When so issued and if part only of certified, such interim Debenture is being exchanged Debentures shall, for such definitive Debenture or Debenturesall purposes, together with such interim Debenture with the reduction of the principal amount thereof endorsed thereon or on a Schedule “A” annexed thereto by the Trustees or such Paying Agent or together with a new interim Debenture or Debenturesbe deemed to be Debentures and, executed by the Corporation and authenticated and delivered by the Trustees, of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the remaining principal amount of the surrendered interim Debenture or Debentures. Upon pending the exchange of the entire principal amount of an interim Debenture for definitive Debentures or for definitive Debentures together with new interim Debentures, the interim Debenture so exchanged shall be cancelled. Any interim Debentures when duly issued shall, until exchanged thereof for definitive Debentures, entitle the Holders thereof holders of the said interim or temporary Debentures shall be deemed to rank for all purposes as be Debentureholders and otherwise in respect entitled to the benefit of this Trust Indenture to the same extent and in the same manner as though such the said exchange had actually been made. Any Forthwith after the Bank shall have executed and delivered the definitive Debentures to the Trustee, the Trustee shall call in for exchange all interim Debentures that shall have been issued and forthwith after such exchange shall cancel the same together with all unmatured coupons, if any, pertaining thereto. No charge shall be made by the Bank or the Trustee to the holders of such interim Debentures for such exchange thereof. All interest paid upon interim Debentures without coupons shall be noted thereon by the Paying Agent at the time of as a condition precedent to such payment unless paid by warrant or cheque to the Holder registered holders thereof.
Appears in 1 contract
Interim Debentures. Subject to the provisions of any Supplemental Indenture authorizing any Series of Debentures, definitive Debentures, other than Global Debentures, of such Series shall be lithographed or printed with steel engraved borders. Pending the preparation and delivery to the Trustees of definitive Debentures of any Seriesseries to the Trustee, the Corporation may execute issue and the Trustee shall certify in lieu thereof (but subject to the same provisionsinterim Debentures, conditions and limitations as herein set forth) and the Trustees may certify interim printed, mimeographed with or typewritten Debentureswithout coupons, in such forms and in such denominations and with signed in such appropriate omissions, insertions manner as the Trustee and variations as may be approved by any two officers of the Corporation (whose authentication or signaturemay approve, either manual or facsimile, on any such interim Debentures shall be conclusive evidence of such approval) entitling the Holders thereof to receive definitive Debentures of such Series the said series and any coupons relating thereto in any authorized denominations and forms when the same are prepared and ready for delivery; provided, without expense to such Holdershowever, but that the total amount of interim Debentures of any Series so issued shall not exceed the total aggregate principal amount of Debentures of such Series series authorized for the time being authorizedissue. Forthwith after the issuance of any When so issued and certified, such interim DebenturesDebentures shall, the Corporation shall cause for all purposes, be deemed to be prepared the appropriate definitive Debentures for delivery to the Holders of such interim Debentures. After the preparation of definitive Debentures of a Seriesand, the interim Debenture or Debentures of such Series shall be exchangeable for definitive Debentures of such Series upon surrender of such interim Debenture or Debentures at the Corporate Trust Office or at the principal office of any other Paying Agent, without charge to the holder thereof. Upon surrender of any such interim Debenture, the Corporation shall execute and the Trustees shall authenticate and deliver in exchange for all or any part of such interim Debenture, one or more definitive Debentures of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the aggregate principal amount of the interim Debenture or part thereof that is being exchanged for such definitive Debenture or Debentures and if part only of such interim Debenture is being exchanged for such definitive Debenture or Debentures, together with such interim Debenture with the reduction of the principal amount thereof endorsed thereon or on a Schedule “A” annexed thereto by the Trustees or such Paying Agent or together with a new interim Debenture or Debentures, executed by the Corporation and authenticated and delivered by the Trustees, of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the remaining principal amount of the surrendered interim Debenture or Debentures. Upon pending the exchange of the entire principal amount of an interim Debenture for definitive Debentures or for definitive Debentures together with new interim Debentures, the interim Debenture so exchanged shall be cancelled. Any interim Debentures when duly issued shall, until exchanged thereof for definitive Debentures, entitle the Holders thereof of the said interim Debentures shall be deemed to rank for all purposes as be Debentureholders and otherwise in respect entitled to the benefit of this Indenture to the same extent and in the same manner as though such the said exchange had actually been made. Any Forthwith after the Corporation shall have executed and delivered the definitive Debentures to the Trustee, the Trustee shall at the Corporation's expense, call in for exchange all interim Debentures that shall have been issued and forthwith after such exchange shall cancel the same together with all unmatured coupons (if any) pertaining thereto. No charge shall be made by the Corporation or the Trustee to the Holders of such interim Debentures for such exchange thereof. All interest paid upon interim Debentures without coupons shall be noted thereon by the Paying Agent at the time of as a condition precedent to such payment unless paid by warrant or cheque to the Holder registered Holders thereof.
Appears in 1 contract
Samples: Trust Indenture (Finova Group Inc)
Interim Debentures. Subject to the provisions of any Supplemental Indenture authorizing any Series of Debentures, definitive Debentures, other than Global Debentures, of such Series shall be lithographed or printed with steel engraved borders. Pending the preparation and delivery to the Trustees of definitive Debentures of any Seriesseries to the Trustee, the Corporation Bank may execute issue and the Trustee certify in lieu thereof (but subject to the same provisionsinterim Debentures, conditions and limitations as herein set forth) and the Trustees may certify interim printed, mimeographed with or typewritten Debentureswithout coupons, in such forms and in such denominations and with signed in such appropriate omissionsmanner as the Trustee and the Bank may approve, insertions entitling the holders thereof, upon and variations as may be approved by any two officers subject to the terms and conditions (if any) set forth herein or in such interim Debentures, to definitive Debentures of the Corporation (whose authentication or signaturesaid series when the same are ready for delivery. When so issued and certified, either manual or facsimilesuch interim Debentures shall, on any such for all purposes, be deemed to be Debentures and, pending the exchange thereof for definitive Debentures, the holders of the said interim Debentures shall be conclusive evidence of such approval) entitling the Holders thereof to receive definitive Debentures of such Series in any authorized denominations and forms when the same are prepared and ready for delivery, without expense to such Holders, but the total amount of interim Debentures of any Series so issued shall not exceed the total amount of Debentures of such Series for the time being authorized. Forthwith after the issuance of any such interim Debentures, the Corporation shall cause deemed to be prepared the appropriate definitive Debentures for delivery Debentureholders and entitled to the Holders of such interim Debentures. After the preparation of definitive Debentures of a Series, the interim Debenture or Debentures of such Series shall be exchangeable for definitive Debentures of such Series upon surrender of such interim Debenture or Debentures at the Corporate Trust Office or at the principal office of any other Paying Agent, without charge to the holder thereof. Upon surrender of any such interim Debenture, the Corporation shall execute and the Trustees shall authenticate and deliver in exchange for all or any part of such interim Debenture, one or more definitive Debentures of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the aggregate principal amount of the interim Debenture or part thereof that is being exchanged for such definitive Debenture or Debentures and if part only of such interim Debenture is being exchanged for such definitive Debenture or Debentures, together with such interim Debenture with the reduction of the principal amount thereof endorsed thereon or on a Schedule “A” annexed thereto by the Trustees or such Paying Agent or together with a new interim Debenture or Debentures, executed by the Corporation and authenticated and delivered by the Trustees, of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the remaining principal amount of the surrendered interim Debenture or Debentures. Upon the exchange of the entire principal amount of an interim Debenture for definitive Debentures or for definitive Debentures together with new interim Debentures, the interim Debenture so exchanged shall be cancelled. Any interim Debentures when duly issued shall, until exchanged for definitive Debentures, entitle the Holders thereof to rank for all purposes as Debentureholders and otherwise in respect benefit of this Trust Indenture to the same extent and in the same manner as though such the said exchange had actually been mademade the whole subject to any limitations or provisions set forth in such interim Debentures. Any Forthwith after the Bank shall have executed and delivered the definitive Debentures to the Trustee, the Trustee shall, upon and subject to the terms and conditions (if any) set forth herein or in such interim Debentures, call in for exchange all interim Debentures that shall have been issued and forthwith after such exchange shall cancel the same together with all unmatured coupons (if any) appertaining thereto. No charge shall be made by the Bank or the Trustee to the holders of such interim Debentures for such exchange thereof. All interest paid upon interim Debentures without coupons shall be noted thereon by the Paying Agent at the time of as a condition precedent to such payment unless paid by warrant or cheque to the Holder registered holders thereof.
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Interim Debentures. Subject to the provisions of any Supplemental Indenture authorizing any Series of Debentures, definitive Debentures, other than Global Debentures, of such Series shall be lithographed or printed with steel engraved borders. Pending the preparation and delivery to the Trustees of definitive Debentures of any Seriesseries to the Trustee, the Corporation may execute issue and the Trustee certify in lieu thereof (but subject to the same provisionsinterim Debentures, conditions and limitations as herein set forth) and the Trustees may certify interim printed, mimeographed with or typewritten Debentureswithout coupons, in such forms and in such denominations and with signed in such appropriate omissionsmanner as provided herein, insertions and variations as may be approved by any two officers of the Corporation (whose authentication or signature, either manual or facsimile, on any such interim Debentures shall be conclusive evidence of such approval) entitling the Holders holders thereof to receive definitive Debentures of such Series in any authorized denominations and forms the said series when the same are prepared and ready for delivery, without expense to such Holders, but or the total amount of Corporation may execute and the Trustee certify an interim Debentures of any Series so issued shall not exceed Debenture for the total whole principal amount of Debentures of such Series for the time being authorized. Forthwith after the issuance of any such interim Debentures, the Corporation shall cause said series then authorized to be prepared issued hereunder and deliver the appropriate same to the Trustee and thereupon the Trustee shall, when the same are ready for delivery, certify definitive Debentures for delivery to the Holders of in such interim Debentures. After the preparation of definitive Debentures of a Seriesform and in such amounts, the interim Debenture or Debentures of such Series shall be exchangeable for definitive Debentures of such Series upon surrender of such interim Debenture or Debentures at the Corporate Trust Office or at the principal office of any other Paying Agent, without charge to the holder thereof. Upon surrender of any such interim Debenture, the Corporation shall execute and the Trustees shall authenticate and deliver not exceeding in exchange for all or any part of such interim Debenture, one or more definitive Debentures of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the aggregate the principal amount of the interim Debenture or part thereof that is being exchanged for such definitive Debenture or Debentures and if part only of such interim Debenture is being exchanged for such definitive Debenture or Debenturesso delivered to it, together with such interim Debenture with the reduction of the principal amount thereof endorsed thereon or on a Schedule “A” annexed thereto by the Trustees or such Paying Agent or together with a new interim Debenture or Debentures, executed by as the Corporation and authenticated the Trustee may approve. When so issued and delivered by the Trusteescertified, such interim Debentures shall, for all purposes but without duplication, rank in respect of the same Seriesthis Indenture equally with Debentures duly issued hereunder and, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the remaining principal amount of the surrendered interim Debenture or Debentures. Upon pending the exchange of the entire principal amount of an interim Debenture for definitive Debentures or for definitive Debentures together with new interim Debentures, the interim Debenture so exchanged shall be cancelled. Any interim Debentures when duly issued shall, until exchanged thereof for definitive Debentures, entitle the Holders thereof holders of the said interim Debentures shall be deemed without duplication to rank for all purposes as Debentureholders be Debenture holders and otherwise in respect entitled to the benefit of this Indenture to the same extent and in the same manner as though such the said exchange had actually been made. Any Forthwith after the Corporation shall have delivered the definitive Debentures to the Trustee, the Trustee shall cancel such interim Debentures, if any, and shall call in for exchange all interim Debentures that shall have been issued and forthwith after such exchange shall cancel the same together with all unmatured coupons, if any, appertaining thereto. No charge shall be made by the Corporation or the Trustee to the holders of such interim Debentures for the exchange thereof. All interest paid upon interim Debentures without coupons shall be noted thereon by on the Paying Agent at the time definitive Debentures as a condition precedent to delivery of payment definitive Debentures unless paid by warrant or cheque to the Holder registered holders thereof.
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Interim Debentures. Subject to the provisions of any Supplemental Indenture authorizing any Series of Debentures, definitive Debentures, other than Global Debentures, of such Series shall be lithographed or printed with steel engraved borders. Pending the preparation and delivery to the Trustees Indenture Trustee of definitive Debentures of any SeriesDebentures, the Corporation may execute in lieu thereof (but subject to the same provisions, conditions and limitations as herein set forth) ), and the Trustees Indenture Trustee may certify certify, interim printed, mimeographed or typewritten Debentures, Debentures in such forms form and in such denominations and with such appropriate insertions, omissions, insertions substitutions and variations as the Indenture Trustee and the Corporation may approve (such approval to be approved conclusively evidenced by any two officers the certification of such Debentures by or on behalf of the Corporation (whose authentication or signatureIndenture Trustee and the signature thereof, either manual or in facsimile, on by any such interim Debentures shall be conclusive evidence trustee or officer of such approvalthe Corporation) entitling the Holders holders thereof to receive definitive Debentures of such Series in any authorized denominations and forms when the same are prepared and ready for delivery, without expense to such Holdersthe holders, but the total amount of interim Debentures of any Series so issued shall not exceed the total aggregate principal amount of Debentures of such Series for the time being authorizedauthorized to be issued hereunder. Forthwith after the issuance of any such interim Debentures, Debentures the Corporation shall cause to be prepared the appropriate definitive Debentures for delivery to the Holders holders of such interim Debentures. After the preparation of definitive Debentures of a Series, the interim Debenture or Debentures of Any such Series shall be exchangeable for definitive Debentures of such Series upon surrender of such interim Debenture or Debentures at the Corporate Trust Office or at the principal office of any other Paying Agent, without charge to the holder thereof. Upon surrender of any such interim Debenture, the Corporation shall execute and the Trustees shall authenticate and deliver in exchange for all or any part of such interim Debenture, one or more definitive Debentures of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the aggregate principal amount of the interim Debenture or part thereof that is being exchanged for such definitive Debenture or Debentures and if part only of such interim Debenture is being exchanged for such definitive Debenture or Debentures, together with such interim Debenture with the reduction of the principal amount thereof endorsed thereon or on a Schedule “A” annexed thereto by the Trustees or such Paying Agent or together with a new interim Debenture or Debentures, executed by the Corporation and authenticated and delivered by the Trustees, of the same Series, of any authorized denomination and of like tenor and for an aggregate principal amount equal to the remaining principal amount of the surrendered interim Debenture or Debentures. Upon the exchange of the entire principal amount of an interim Debenture for definitive Debentures or for definitive Debentures together with new interim Debentures, the interim Debenture so exchanged shall be cancelled. Any interim Debentures when duly issued shall, until exchanged for definitive Debentures, entitle the Holders holders thereof to rank for all purposes as Debentureholders and otherwise in respect of this Indenture to the same extent and in the same manner as though such the said exchange had actually been made. Any interest paid upon When exchanged for definitive Debentures such interim Debentures shall forthwith be noted thereon cancelled by the Paying Agent at the time of payment unless paid by warrant or cheque to the Holder thereofIndenture Trustee.
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Samples: Trust Indenture