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 Senior Note of any series, the Trustee shall (in accordance with the specific direction of LGII) request the Holder of the Senior Note to deliver it to the Trustee. The Trustee shall (in accordance with the specific direction of LGII) place an appropriate notation on the Senior Note about the changed terms and return it to the Holder. Alternatively, if LGII or the Trustee so determines, LGII in exchange for the Senior Note shall issue and the Trustee shall authenticate a new Senior Note that reflects the changed terms. Failure to make the appropriate notation or issue a new Senior Note shall not affect the validity and effect of such amendment, supplement or waiver.

Notation on or Exchange of Senior Notes. If an amendment, supplement or waiver changes the terms of a Senior Note of any series, the Trustee shall (in accordance with the specific direction of LGIITLGI) request the Holder of the Senior Note to deliver it to the Trustee. The Trustee shall (in accordance with the specific direction of LGIITLGI) place an appropriate notation on the Senior Note about the changed terms and return it to the Holder. Alternatively, if LGII TLGI or the Trustee so determines, LGII TLGI in exchange for the Senior Note shall issue and the Trustee shall authenticate a new Senior Note that reflects the changed terms. Failure to make the appropriate notation or issue a new Senior Note shall not affect the validity and effect of such amendment, supplement or waiver.

Notation on or Exchange of Senior Notes. If an amendment, supplement supplement, or waiver changes the terms of a Senior Note of any seriesNote, the Trustee shall (in accordance with the specific written direction of LGIIthe Company) shall request the Holder of the Senior Note (in accordance with the specific written direction of the Company) to deliver it to the Trustee. The In such case, the Trustee shall (in accordance with the specific direction of LGII) place an appropriate notation on the Senior Note about the changed terms and return it to the Holder. Alternatively, if LGII the Company or the Trustee so determines, LGII the Company in exchange for the Senior Note shall issue issue, and the Trustee shall authenticate authenticate, a new Senior Note that reflects the changed terms. Failure to make the appropriate notation or issue a new Senior Note shall not affect the validity and effect of such amendment, supplement or waiver.