Lost, etc. Guaranteed Notes Sample Clauses

Lost, etc. Guaranteed Notes. In case any Guaranteed Note shall become mutilated or be destroyed, lost or stolen, the Company in its discretion may execute and deliver, a new Guaranteed Note, bearing a registration number not contemporaneously outstanding, in exchange and substitution for the mutilated Guaranteed Note, or in lieu of and in substitution for the Guaranteed Note so destroyed, lost or stolen. In every case the applicant for a substituted Guaranteed Note shall furnish to the Company such security or indemnity as may be required by the Company to hold it harmless from any loss, liability, cost or expense caused by or connected with such substitution, and, in every case of destruction, loss or theft, the applicant shall also furnish to the Company evidence to its satisfaction of the destruction, loss or theft of such Guaranteed Note and of the ownership thereof. No service charge shall be imposed by the Company upon the issuance of any substitute Guaranteed Note, but the Company may require a Holder to pay a sum sufficient to cover any documentary, stamp or similar issue or transfer tax required in connection therewith as a result of the name of the Holder of the new substitute Guaranteed Note being different from the name of the Holder of the old Guaranteed Note that became mutilated or was destroyed, lost or stolen. In case any Guaranteed Note that has matured or is about to mature or has been surrendered for required repurchase shall become mutilated or be destroyed, lost or stolen, the Company may, in its sole discretion, instead of issuing a substitute Guaranteed Note, pay or authorize the payment of (without surrender thereof except in the case of a mutilated Guaranteed Note), as the case may be, such applicant for such new Guaranteed Note, payment, shall furnish to the Company such security or indemnity as may be required by them to save each of them from any loss, liability, cost or expense caused by or connected with such substitution, and, in every case of destruction, loss or theft, evidence satisfactory to the Company of the destruction, loss or theft of such Guaranteed Note and of the ownership thereof. Every substitute Guaranteed Note issued pursuant to the provisions of this Section 3.08 by virtue of the fact that any Guaranteed Note is destroyed, lost or stolen shall constitute an additional contractual obligation of the Company, whether or not the destroyed, lost or stolen Guaranteed Note shall be found at any time, and shall be entitled to all the benefits o...