Common use of Interim Debentures Clause in Contracts

Interim Debentures. Pending the delivery of definitive Debentures of any series to the Trustee, the Bank may issue and the Trustee certify in lieu thereof interim Debentures, with or without coupons, in such forms and in such denominations and signed in such manner as the Trustee and the Bank may approve, entitling the holders thereof, upon and subject to the terms and conditions (if any) set forth herein or in such interim Debentures, to definitive Debentures of the said series when the same are ready for delivery. When so issued and certified, such interim Debentures shall, 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 deemed to be Debentureholders and entitled to the benefit of this Trust Indenture to the same extent and in the same manner as though the said exchange had actually been made the whole subject to any limitations or provisions set forth in such interim Debentures. 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 as a condition precedent to such payment unless paid by cheque to the registered holders thereof.

Interim Debentures. Pending the delivery of definitive Debentures of any series to the Trustee, the Bank Corporation may issue and the Trustee shall certify in lieu thereof interim Debentures, with or without coupons, in such forms and in such denominations and signed in such manner as the Trustee and the Bank Corporation may approve, entitling the holders thereof, upon and subject to the terms and conditions (if any) set forth herein or in such interim Debentures, Holders thereof to definitive Debentures of the said series and any coupons relating thereto in any authorized denominations when the same are ready for delivery; provided, however, that the total amount of interim Debentures shall not exceed the aggregate principal amount of Debentures of such series authorized for issue. When so issued and certified, such interim Debentures shall, for all purposes, be deemed to be Debentures and, pending the exchange thereof for definitive Debentures, the holders Holders of the said interim Debentures shall be deemed to be Debentureholders and entitled to the benefit of this Trust Indenture to the same extent and in the same manner as though the said exchange had actually been made the whole subject to any limitations or provisions set forth in such interim Debenturesmade. Forthwith after the Bank Corporation shall have executed and delivered the definitive Debentures to the Trustee, the Trustee shall, upon and subject to shall at the terms and conditions (if any) set forth herein or in such interim DebenturesCorporation'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) appertaining pertaining thereto. No charge shall be made by the Bank Corporation or the Trustee to the holders 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 as a condition precedent to such payment unless paid by cheque to the registered holders Holders thereof.

Interim Debentures. Pending the delivery of definitive Debentures of any series to the Trustee, the Bank Corporation may issue and the Trustee certify in lieu thereof interim Debentures, with or without coupons, in such forms and in such denominations and signed in such manner as the Trustee and the Bank may approveprovided herein, entitling the holders thereof, upon and subject to the terms and conditions (if any) set forth herein or in such interim Debentures, thereof to definitive Debentures of the said series when the same are ready for delivery, or the Corporation may execute and the Trustee certify an interim Debenture for the whole principal amount of Debentures of the said series then authorized to be issued hereunder and deliver the same to the Trustee and thereupon the Trustee shall, when the same are ready for delivery, certify definitive Debentures in such form and in such amounts, not exceeding in the aggregate the principal amount of the interim Debenture so delivered to it, as the Corporation and the Trustee may approve. When so issued and certified, such interim Debentures shall, for all purposespurposes but without duplication, be deemed to be rank in respect of this Indenture equally with Debentures duly issued hereunder and, pending the exchange thereof for definitive Debentures, the holders of the said interim Debentures shall be deemed without duplication to be Debentureholders Debenture holders and entitled to the benefit of this Trust Indenture to the same extent and in the same manner as though the said exchange had actually been made the whole subject to any limitations or provisions set forth in such interim Debenturesmade. Forthwith after the Bank Corporation 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 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 (coupons, if any) , appertaining thereto. No charge shall be made by the Bank Corporation or the Trustee to the holders of such interim Debentures for such the exchange thereof. All interest paid upon interim Debentures without coupons shall be noted thereon on the definitive Debentures as a condition precedent to such payment delivery of definitive Debentures unless paid by cheque to the registered holders thereof.

Interim Debentures. Pending the delivery of definitive Debentures of any series to the Trusteeseries, the Bank Corporation may issue and the Trustee or the Registrar certify in lieu thereof interim Debentures, with or without coupons, in such forms and in such denominations and signed in such manner as the Trustee and the Bank Corporation may approve, entitling the holders thereof, upon and subject to the terms and conditions (if any) set forth herein or in such interim Debentures, thereof to definitive Debentures of the said series when the same are ready for delivery. When so issued and certified, such interim Debentures shall, for all purposes, be deemed to be Debentures debentures and, pending the exchange thereof for definitive Debentures, the holders of the said interim Debentures shall be deemed to be Debentureholders and entitled to the benefit of this Trust Indenture to the same extent and in the same manner as though the said exchange had actually been made the whole subject to any limitations or provisions set forth in such interim Debenturesmade. Forthwith after the Bank Corporation shall have executed and delivered the definitive Debentures to the TrusteeTrustee or the Registrar, the Trustee shall, upon and subject to or the terms and conditions (if any) set forth herein or in such interim Debentures, 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) appertaining pertaining thereto. No charge shall be made by the Bank Corporation, the Trustee or the Trustee Registrar to the holders of such interim Debentures for such exchange thereof. All interest paid upon interim Debentures without coupons shall be noted thereon as a condition precedent to such payment unless paid by cheque to the registered holders thereof.

Interim Debentures. Pending the delivery of definitive Debentures of any series or part of a series to the Trustee, the Bank may issue and the Trustee certify in lieu thereof interim Debentures, with or without coupons, in such forms and in such denominations and signed sighed in such manner as the Trustee and the Bank may approveapprove (such approval to be conclusively evidenced by the certification of such Debentures by or on behalf of the Trustee and the signature thereof on behalf of the Bank), entitling the holders thereof, upon and subject to the terms and conditions (if any) set forth herein or in such interim Debentures, thereof to definitive Debentures of the said series or part of a series when the same are ready for delivery or the Bank may execute and the Trustee certify an interim Debenture for the whole principal amount of Debentures then authorized to be issued and deliver the same to the Trustee and thereupon the Trustee may issue interim certificates in such form and in such amounts, not exceeding in the aggregate the principal amount of the interim Debenture so delivered to it, as the Bank and the Trustee may approve, entitling the holders thereof to definitive Debentures when the same are ready for delivery. When so issued and certified, such interim Debentures shall, for all purposes, be deemed to be Debentures and, pending the exchange thereof for definitive Debentures, the holders of the said interim or temporary Debentures shall be deemed to be Debentureholders and entitled to the benefit of this Trust Indenture to the same extent and in the same manner as though the said exchange had actually been made the whole subject to any limitations or provisions set forth in such interim Debenturesmade. 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, 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 (coupons, if any) appertaining , 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 as a condition precedent to such payment unless paid by cheque to the registered holders thereof.

Interim Debentures. Pending the delivery to the Trustee of definitive Debentures of any series series, the Corporation may issue (but subject to the Trusteesame provisions, the Bank may issue conditions and limitations as herein set forth), and the Trustee may certify in lieu thereof interim Debenturesprinted, with mimeographed or without coupons, typewritten Debentures in such forms form and in such denominations and signed in with such manner appropriate insertions, omissions, substitutions and variations as the Trustee and the Bank Corporation may approveapprove (such approval to be conclusively evidenced by the certification of such Debentures by or on behalf of the Trustee and the signature thereof, either manual or in facsimile, by the President or another officer of the Corporation) entitling the holders thereof, upon and subject to the terms and conditions (if any) set forth herein or in such interim Debentures, thereof to definitive Debentures of the said series in any authorized denominations when the same are ready for delivery, without expense to the holders, but the total amount of interim Debentures of any series shall not exceed the aggregate principal amount of such series of Debentures authorized to be issued hereunder. When so issued and certifiedForthwith 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. Any such interim Debentures when duly issued shall, for all purposes, be deemed to be Debentures and, pending the exchange thereof until exchanged for definitive Debentures, entitle the holders of the said interim Debentures shall be deemed thereof to be rank for all purposes as Debentureholders and entitled to the benefit otherwise in respect of this Trust Indenture to the same extent and in the same manner as though the said exchange had actually been made the whole subject to any limitations or provisions set forth in such interim Debenturesmade. Forthwith after the Bank shall have executed and delivered the When exchanged for 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 forthwith be noted thereon as a condition precedent to such payment unless paid cancelled by cheque to the registered holders thereofTrustee.

Interim Debentures. Pending the delivery of definitive Debentures of any series to the Trustee, the Bank may issue and the Trustee certify in lieu thereof interim Debentures, with or without coupons, in such forms and in such denominations and signed in such manner as the Trustee and the Bank may approve, entitling the holders thereof, upon and subject to the terms and conditions (if any) set forth herein or in such interim Debentures, thereof to definitive Debentures of the said series when the same are ready for delivery. When so issued and certified, such interim Debentures shall, 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 deemed to be Debentureholders and entitled to the benefit of this Trust Indenture to the same extent and in the same manner as though the said exchange had actually been made the whole subject to any limitations or provisions set forth in such interim Debenturesmade. 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, 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 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 as a condition precedent to such payment unless paid by cheque to the registered holders thereof.

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 to the TrusteeSeries, the Bank Corporation may issue and the Trustee certify 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, with or without coupons, in such forms and in such denominations and signed in with such manner appropriate omissions, insertions and variations as may be approved by any two officers of the Trustee and the Bank may approveCorporation (whose authentication or signature, either manual or facsimile, on any such interim Debentures shall be conclusive evidence of such approval) entitling the holders thereofHolders thereof to receive definitive Debentures of such Series in any authorized denominations and forms when the same are prepared and ready for delivery, upon and subject without expense to such Holders, but the terms and conditions (if any) set forth herein or in 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 said series when 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 are ready Series, of any authorized denomination and of like tenor and for deliveryan aggregate principal amount equal to the remaining principal amount of the surrendered interim Debenture or Debentures. When 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 issued and certified, such exchanged shall be cancelled. Any interim Debentures when duly issued shall, for all purposes, be deemed to be Debentures and, pending the exchange thereof until exchanged for definitive Debentures, entitle the holders of the said interim Debentures shall be deemed Holders thereof to be rank for all purposes as Debentureholders and entitled to the benefit otherwise in respect of this Trust Indenture to the same extent and in the same manner as though the said such exchange had actually been made the whole subject to any limitations or provisions set forth in such interim Debenturesmade. 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 Any interest paid upon interim Debentures without coupons shall be noted thereon as a condition precedent to such by the Paying Agent at the time of payment unless paid by warrant or cheque to the registered holders Holder thereof.

Interim Debentures. Pending delivery to the delivery Trustee of definitive Debentures of any series Debentures, the Corporation may execute in lieu thereof (but subject to the Trusteesame provisions, the Bank may issue conditions and limitations as herein set forth), and the Trustee certify in lieu thereof may certify, interim printed, mimeographed or typewritten Debentures, with or without coupons, in such forms form and in such denominations and signed in such manner as may be approved by the Trustee and either the Bank Chief Executive Officer or a Vice President of the Corporation (whose certification or signature, either manual or in facsimile, as the case may approvebe, on any such interim Debentures shall be conclusive evidence of such approval) entitling the holders thereof, upon and subject to the terms and conditions (if any) set forth herein or in such interim Debentures, Holders thereof to definitive Debentures of the said series in any authorized denominations when the same are ready for delivery. When , without expense to such Holders, but the total amount of interim Debentures so issued and certified, shall not exceed the aggregate principal amount of Debentures authorized to be issued hereunder. 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. Interim Debentures which have been duly issued shall, for all purposes, be deemed to be Debentures and, pending the exchange thereof until exchanged for definitive Debentures, entitle the holders of the said interim Debentures shall be deemed Holders thereof to be rank for all purposes as Debentureholders and entitled to the benefit otherwise in respect of this Trust Indenture to the same extent and in the same manner as though the said such exchange had actually been made the whole subject to any limitations or provisions set forth in such interim Debenturesmade. Forthwith after the Bank shall have executed and delivered the When exchanged for 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 thereofshall forthwith be cancelled by the Trustee. All Any interest paid upon interim Debentures without coupons shall be noted thereon as a condition precedent to such by the paying agent at the time of payment unless paid by cheque to the registered holders Holder thereof.

Interim Debentures. Pending the preparation and delivery to the Indenture Trustee of definitive Debentures of any series to the TrusteeDebentures, the Bank Corporation may issue and the Trustee certify execute in lieu thereof (but subject to the same provisions, conditions and limitations as herein set forth), and the Indenture Trustee may certify, interim Debenturesprinted, with mimeographed or without coupons, typewritten Debentures in such forms form and in such denominations and signed in with such manner appropriate insertions, omissions, substitutions and variations as the Indenture Trustee and the Bank Corporation may approveapprove (such approval to be conclusively evidenced by the certification of such Debentures by or on behalf of the Indenture Trustee and the signature thereof, either manual or in facsimile, by any trustee or officer of the Corporation) entitling the holders thereof, upon and subject to the terms and conditions (if any) set forth herein or in such interim Debentures, thereof to definitive Debentures of the said series in any authorized denominations when the same are prepared and ready for delivery, without expense to the holders, but the total amount of interim Debentures shall not exceed the aggregate principal amount of Debentures authorized to be issued hereunder. When so issued and certified, 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. Any such interim Debentures when duly issued shall, for all purposes, be deemed to be Debentures and, pending the exchange thereof until exchanged for definitive Debentures, entitle the holders of the said interim Debentures shall be deemed thereof to be rank for all purposes as Debentureholders and entitled to the benefit otherwise in respect of this Trust Indenture to the same extent and in the same manner as though the said exchange had actually been made the whole subject to any limitations or provisions set forth in such interim Debenturesmade. Forthwith after the Bank shall have executed and delivered the When exchanged for 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 forthwith be noted thereon as a condition precedent to such payment unless paid cancelled by cheque to the registered holders thereofIndenture Trustee.