Common use of Notation on or Exchange of Senior Notes Clause in Contracts

Notation on or Exchange of Senior Notes. If an amendment, supplement or waiver changes the terms of a Security, the Trustee may require the Holder of the Security to deliver it to the Trustee. The Trustee may place an appropriate notation on the Security about the changed terms and return it to the Holder. Alternatively, if the Company or the Trustee so determines, the Company in exchange for the Security shall issue and the Trustee shall authenticate a new Security that reflects the changed terms.

Appears in 22 contracts

Samples: Indenture (Chesapeake Operating Inc), Indenture (Chesapeake Energy Corp), Indenture (Chesapeake Orc LLC)

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Notation on or Exchange of Senior Notes. If an amendment, supplement or waiver changes the terms of a Security, the Trustee may require the Holder of the Security to deliver it to the Trustee. The Trustee may place an appropriate notation on the Security about the changed terms and return it to the Holder. Alternatively, if the Company or the Trustee so determines, the Company in exchange for the Security shall issue and the Trustee shall authenticate a new Security that reflects the changed terms.. [[NYCORP:2551417v7:3642W:11/08/05--03:56 p]]

Appears in 1 contract

Samples: Indenture (Chesapeake Energy Corp)

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