Common use of Ownership of Debentures Clause in Contracts

Ownership of Debentures. Unless otherwise required by Applicable Law, the Person in whose name any registered Debenture is registered shall for all purposes of this Indenture be and be deemed to be the owner thereof and payment of or on account of the principal of and premium, if any, on such Debenture and interest thereon shall be made to such registered Holder.

Appears in 1 contract

Samples: Indenture

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Ownership of Debentures. Unless otherwise required by Applicable Law, the The Person in whose name any registered Debenture is registered shall for all the purposes of this Trust Indenture be and be deemed to be the owner thereof and payment of or on account of the principal of and premium, if any, on such Debenture and and, in the case of a fully registered Debenture, interest thereon shall be made to such registered Holderholder.

Appears in 1 contract

Samples: Trust Indenture (Transcanada Pipelines LTD)

Ownership of Debentures. (1) Unless otherwise required by Applicable Lawlaw, the Person in whose name any registered Debenture is registered shall for all purposes of this Indenture be and be deemed to be the owner thereof and payment of or on account of the principal of and premium, if any, on such Debenture and interest thereon shall be made to such registered Holderholder.

Appears in 1 contract

Samples: Indenture

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Ownership of Debentures. (1) Unless otherwise required by Applicable Lawlaw, the Person person in whose name any registered Debenture is registered shall for all purposes of this Indenture be and be deemed to be the owner thereof and payment of or on account of the principal of and premium, if any, on such Debenture and interest (if any) thereon shall be made to such registered Holderholder.

Appears in 1 contract

Samples: Indenture

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