Common use of Place and Medium of Payment Clause in Contracts

Place and Medium of Payment. Principal and interest with respect to any series of Debt Securities shall be payable in the currency specified in the supplemental indenture authorizing such series. Subject to the provisions of the supplemental indenture authorizing such series, the principal of, and premium, if any, on, any Debt Security shall be payable at the principal office of the Trustee if the Trustee acts as a Paying Agent for such series or, at the option of the Holder, at the principal office of any other Paying Agent upon presentation and surrender of such Debt Security. Subject to the provisions of the supplemental indenture authorizing such series, the interest on Debt Securities bearing coupons shall be payable at the principal office of the Trustee if the Trustee acts as a Paying Agent for such series or, at the option of the Holder, at the principal office of any other Paying Agent upon presentation and surrender of the coupons representing such interest. As the interest on fully registered Debt Securities becomes due (except in the case of payment of interest at Maturity or on redemption which shall be paid on presentation and surrender of such Debt Securities for payment and except as hereinafter in this Section 2.3 provided), the Company shall, at least five days prior to each Interest Payment Date, forward, or cause to be forwarded, by pre-paid ordinary mail, to the Holder for the time being, or, in the case of joint Holders, to whichever of such joint Holders is named first in the appropriate register maintained by the Company for such purpose, at his or her address appearing in such register, a cheque drawn on the Company's bankers for such interest (less any tax required by law to be deducted), payable to the order of such Holder or Holders and negotiable at par at any Canadian chartered bank in Canada or at such other places at which interest upon Debt Securities of any series is stated to be payable under the supplemental indenture authorizing such series of Debt Securities. The forwarding of such cheque shall satisfy and discharge the liability for the interest upon such Debt Securities to the extent of the sums represented thereby (plus the amount of any tax deducted as aforesaid) unless such cheque be not paid on presentation. In the event of the non-receipt of such cheque by such Holder or the loss or destruction thereof the Company, upon being furnished with reasonable evidence of such non-receipt, loss or destruction and an indemnity in amount and form reasonably satisfactory to it, shall issue or cause to be issued to such Holder a replacement cheque for the amount of such cheque. The Company, in lieu of forwarding, or causing to be forwarded, any such cheque in payment of interest, may at its option pay interest to or to the order of such Holder (i) at the principal office of the Trustee if the Trustee acts as a Paying Agent for such series or, at the option of the Holder, at the principal office of any other Paying Agent, or (ii) by electronic funds transfer to an account maintained by the Person entitled thereto (at that Person's expense) as specified in the register for that series of Debt Securities.

Appears in 1 contract

Samples: Indenture (Case Credit Corp)

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Place and Medium of Payment. Principal and interest The Bonds shall be payable, with respect to interest, principal and Redemption Price, in any series coin or currency of Debt Securities shall the United States of America which at the time of payment is legal tender for the payment of public and private debts; provided, however, that the Bonds of a Series or of any maturity within a Series may be payable in any coin or currency of any other nation as may be authorized by the currency specified Supplemental Indenture authorizing the issuance of such Bonds relating to such Bonds. Except as otherwise provided in the supplemental indenture authorizing such series. Subject to the provisions Section 4.06 hereof, upon presentation and surrender of the supplemental indenture authorizing such seriesBonds, the principal of, and premium, if any, on, any Debt Security or Redemption Price of such Bonds shall be payable at the principal designated corporate trust office of the Trustee if Trustee. Interest on the Trustee acts as a Paying Agent for such series or, at the option of the Holder, at the principal office of any other Paying Agent upon presentation and surrender of such Debt Security. Subject to the provisions of the supplemental indenture authorizing such series, the interest on Debt Securities bearing coupons shall be payable at the principal office of the Trustee if the Trustee acts as a Paying Agent for such series or, at the option of the Holder, at the principal office of any other Paying Agent upon presentation and surrender of the coupons representing such interest. As the interest on fully registered Debt Securities becomes due (except in the case of payment of interest at Maturity or on redemption which Bonds shall be paid by check mailed to the registered owner thereof at the address thereof as it appears on presentation and surrender the registry books of the Corporation or if authorized by the Supplemental Indenture authorizing a Series of Bonds by wire transfer to such registered owner of the Bonds of such Debt Securities Series. For purposes of this Section, interest is payable to the registered owner of a Bond at the close of business on the Record Date for such Bond. All payments of principal or Redemption Price of or interest on Bonds shall specify the CUSIP number or numbers of the Bonds in connection with which such payment and except as hereinafter is made. The Bonds of each Series shall be issued in this Section 2.3 provided), the Company shall, at least five days form of fully registered Bonds without coupons. Bonds of each Series issued prior to the first Interest Payment Date thereof shall be dated as of the date specified in the Supplemental Indenture authorizing the issuance thereof. Bonds of each Series issued on or subsequent to the first Interest Payment Date thereof shall be dated as of the Interest Payment Date immediately preceding the date of authentication thereof by the Trustee, unless such date of authentication shall be an Interest Payment Date, forward, or cause to in which case they shall be forwarded, by pre-paid ordinary mail, to the Holder for the time being, or, in the case of joint Holders, to whichever dated as of such joint Holders is named first in the appropriate register maintained date of authentication; provided, however, that if, as shown by the Company for such purposerecords of the Trustee, at his or her address appearing in such register, a cheque drawn interest on the Company's bankers for such interest (less Bonds of any tax required by law to Series shall be deducted)in default, payable to the order Bonds of such Holder or Holders and negotiable at par at any Canadian chartered bank in Canada or at such other places at which interest upon Debt Securities of any series is stated to be payable under the supplemental indenture authorizing such series of Debt Securities. The forwarding of such cheque shall satisfy and discharge the liability for the interest upon such Debt Securities to the extent of the sums represented thereby (plus the amount of any tax deducted as aforesaid) unless such cheque be not paid on presentation. In the event of the non-receipt of such cheque by such Holder or the loss or destruction thereof the Company, upon being furnished with reasonable evidence of such non-receipt, loss or destruction and an indemnity in amount and form reasonably satisfactory to it, shall issue or cause to be Series issued to such Holder a replacement cheque for the amount of such cheque. The Company, in lieu of forwarding, Bonds surrendered for transfer or causing exchange may be dated as of the date to be forwarded, any such cheque which interest has been paid in payment full on the Bonds surrendered. Bonds of interest, may at its option pay each Series shall bear interest to from their date. All Bonds of each Series shall mature on January 1 of the year or to years fixed by the order Supplemental Indenture authorizing the issuance of such Holder (i) Bonds. Interest on all Bonds that bear interest at a stated fixed rate to their respective maturity dates shall be payable on January 1 or July 1 of each year. Interest on all other Bonds shall be payable as provided in the principal office Supplemental Indenture authorizing the issuance of such Bonds. The first installment of interest due on the Trustee if the Trustee acts as Bonds of a Paying Agent Series may be for such series or, at period as the option of the Holder, at the principal office of any other Paying Agent, or (ii) by electronic funds transfer to an account maintained by the Person entitled thereto (at that Person's expense) as specified Corporation shall fix in the register for that series of Debt SecuritiesSupplemental Indenture authorizing the issuance thereof.

Appears in 1 contract

Samples: Master Trust Indenture

Place and Medium of Payment. Principal and interest The Bonds shall be payable, with respect to interest, principal and Redemption Price, in any series coin or currency of Debt Securities shall the United States of America which at the time of payment is legal tender for the payment of public and private debts; provided, however, that the Bonds of a Series or of any maturity within a Series may be payable in any coin or currency of any other nation as may be authorized by the currency specified Supplemental Indenture authorizing the issuance of such Bonds relating to such Bonds. Except as otherwise provided in the supplemental indenture authorizing such series. Subject to the provisions Section 4.06 hereof, upon presentation and surrender of the supplemental indenture authorizing such seriesBonds, the principal of, and premium, if any, on, any Debt Security or Redemption Price of such Bonds shall be payable at the principal designated corporate trust office of the Trustee if Trustee. Interest on the Trustee acts as a Paying Agent for such series or, at the option of the Holder, at the principal office of any other Paying Agent upon presentation and surrender of such Debt Security. Subject to the provisions of the supplemental indenture authorizing such series, the interest on Debt Securities bearing coupons shall be payable at the principal office of the Trustee if the Trustee acts as a Paying Agent for such series or, at the option of the Holder, at the principal office of any other Paying Agent upon presentation and surrender of the coupons representing such interest. As the interest on fully registered Debt Securities becomes due (except in the case of payment of interest at Maturity or on redemption which Bonds shall be paid by check mailed to the registered owner thereof at the address thereof as it appears on presentation and surrender the registry books of the Corporation or if authorized by the Supplemental Indenture authorizing a Series of Bonds by wire transfer to such registered owner of the Bonds of such Debt Securities Series. For purposes of this Section, interest is payable to the registered owner of a Bond at the close of business on the Record Date for such Bond. All payments of principal or Redemption Price of or interest on Bonds shall specify the CUSIP number or numbers of the Bonds in connection with which such payment and except as hereinafter is made. The Bonds of each Series shall be issued in this Section 2.3 provided), the Company shall, at least five days form of fully registered Bonds without coupons. Bonds of each Series issued prior to the first Interest Payment Date thereof shall be dated as of the date specified in the Supplemental Indenture authorizing the issuance thereof. Bonds of each Series issued on or subsequent to the first Interest Payment Date thereof shall be dated as of the Interest Payment Date immediately preceding the date of authentication thereof by the Trustee, unless such date of authentication shall be an Interest Payment Date, forward, or cause to in which case they shall be forwarded, by pre-paid ordinary mail, to the Holder for the time being, or, in the case of joint Holders, to whichever dated as of such joint Holders is named first in the appropriate register maintained date of authentication; provided, however, that if, as shown by the Company for such purposerecords of the Trustee, at his or her address appearing in such register, a cheque drawn interest on the Company's bankers for such interest (less Bonds of any tax required by law to Series shall be deducted)in default, payable to the order Bonds of such Holder or Holders and negotiable at par at any Canadian chartered bank in Canada or at such other places at which interest upon Debt Securities of any series is stated to be payable under the supplemental indenture authorizing such series of Debt Securities. The forwarding of such cheque shall satisfy and discharge the liability for the interest upon such Debt Securities to the extent of the sums represented thereby (plus the amount of any tax deducted as aforesaid) unless such cheque be not paid on presentation. In the event of the non-receipt of such cheque by such Holder or the loss or destruction thereof the Company, upon being furnished with reasonable evidence of such non-receipt, loss or destruction and an indemnity in amount and form reasonably satisfactory to it, shall issue or cause to be Series issued to such Holder a replacement cheque for the amount of such cheque. The Company, in lieu of forwarding, Bonds surrendered for transfer or causing exchange may be dated as of the date to be forwarded, any such cheque which interest has been paid in payment full on the Bonds surrendered. Bonds of interest, may at its option pay each Series shall bear interest to from their date. All Bonds of each Series shall mature on October 1 of the year or to years fixed by the order Supplemental Indenture authorizing the issuance of such Holder (i) Bonds. Interest on all Bonds that bear interest at a stated fixed rate to their respective maturity dates shall be payable on April 1 or October 1 of each year. Interest on all other Bonds shall be payable as provided in the principal office Supplemental Indenture authorizing the issuance of such Bonds. The first installment of interest due on the Trustee if the Trustee acts as Bonds of a Paying Agent Series may be for such series or, at period as the option of the Holder, at the principal office of any other Paying Agent, or (ii) by electronic funds transfer to an account maintained by the Person entitled thereto (at that Person's expense) as specified Corporation shall fix in the register for that series of Debt SecuritiesSupplemental Indenture authorizing the issuance thereof.

Appears in 1 contract

Samples: Master Trust Indenture

Place and Medium of Payment. Principal and interest The Bonds shall be payable, with respect to interest, principal and Redemption Price, in any series coin or currency of Debt Securities shall the United States of America which at the time of payment is legal tender for the payment of public and private debts; provided, however, that the Bonds of a Series or of any maturity within a Series may be payable in any coin or currency of any other nation as may be authorized by the currency specified Supplemental Indenture authorizing the issuance of such Bonds. Except as otherwise provided in the supplemental indenture authorizing such series. Subject to the provisions Section 4.06 hereof, upon presentation and surrender of the supplemental indenture authorizing such seriesBonds, the principal of, and premium, if any, on, any Debt Security or Redemption Price of such Bonds shall be payable at the principal corporate trust office of the Trustee Trustee. Interest on the Bonds shall be paid by check mailed to the registered owner thereof at the address thereof as it appears on the registry books of the Corporation or, if authorized by the Trustee acts as Supplemental Indenture authorizing a Paying Agent Series of Bonds, by wire transfer to such registered owner of the Bonds of such Series. For purposes of this Section, interest is payable to the re stered owner of a Bond at the close of business on the Record Date for such series or, at Bond. All payments of principal or Redemption Price of or interest on Bonds shall specifY the option CUSIP number or numbers of the HolderBonds in connection with which such payment is made. The Bonds of each Series shall be issued in the form of fully registered Bonds w ithout coupons. Bonds of each Series issued prior to the first interest payment date thereof shall be dated as of the date specified in the Supplemental Indenture authorizing the issuance thereof. Bonds of each Series issued on or subsequent to the first interest payment date thereof shall be dated as of the interest payment date immediately preceding the date of authentication thereof by the Trustee, at unless such date of authentication shall be an interest payment date, in which case they shall be dated as of such date of authentication; provided, however, that if, as shown by the principal office records of the Trustee, interest on the Bonds of any other Paying Agent upon presentation and surrender Series shall be in default, the Bonds of such Debt SecurityS eries issued in lieu of Bonds surrendered for transfer or exchange may be dated as ofthe date to which interest has been paid in full on the Bonds surrendered. Subject Bonds of each Series shall bear interest from their date. All Bonds of each Series shall mature February 15 of each year in which a maturity is fixed by the Supplemental Indenture authorizing the issuance of such Bonds. Interest on all Bonds of each Series, other than interest on Variable Interest Rate Bonds, Capital Appreciation Bonds and Deferred Income Bonds prior to the provisions Interest Commencement Date, shall be payable semiannually on August 1 5th and February 1 5th of each year in which an installment of interest becomes due as fixed in the supplemental indenture authorizing such series, the interest Supplemental Indenture. Interest on Debt Securities bearing coupons Variable Interest Rate Bonds shall be payable at such time as shall be provided in the principal office Supplemental Indenture authorizing the issuance of such Bonds. The first installment of interest due on the Trustee if the Trustee acts as Bonds of a Paying Agent Series may be for such series or, at period as the option of the Holder, at the principal office of any other Paying Agent upon presentation and surrender of the coupons representing such interest. As the interest on fully registered Debt Securities becomes due (except Corporation shall fix in the case of payment of interest at Maturity or on redemption which shall be paid on presentation and surrender of such Debt Securities for payment and except as hereinafter in this Section 2.3 provided), Supplemental Indenture authorizing the Company shall, at least five days prior to each Interest Payment Date, forward, or cause to be forwarded, by pre-paid ordinary mail, to the Holder for the time being, or, in the case of joint Holders, to whichever of such joint Holders is named first in the appropriate register maintained by the Company for such purpose, at his or her address appearing in such register, a cheque drawn on the Company's bankers for such interest (less any tax required by law to be deducted), payable to the order of such Holder or Holders and negotiable at par at any Canadian chartered bank in Canada or at such other places at which interest upon Debt Securities of any series is stated to be payable under the supplemental indenture authorizing such series of Debt Securities. The forwarding of such cheque shall satisfy and discharge the liability for the interest upon such Debt Securities to the extent of the sums represented thereby (plus the amount of any tax deducted as aforesaid) unless such cheque be not paid on presentation. In the event of the non-receipt of such cheque by such Holder or the loss or destruction thereof the Company, upon being furnished with reasonable evidence of such non-receipt, loss or destruction and an indemnity in amount and form reasonably satisfactory to it, shall issue or cause to be issued to such Holder a replacement cheque for the amount of such cheque. The Company, in lieu of forwarding, or causing to be forwarded, any such cheque in payment of interest, may at its option pay interest to or to the order of such Holder (i) at the principal office of the Trustee if the Trustee acts as a Paying Agent for such series or, at the option of the Holder, at the principal office of any other Paying Agent, or (ii) by electronic funds transfer to an account maintained by the Person entitled thereto (at that Person's expense) as specified in the register for that series of Debt Securitiesissuance thereof.

Appears in 1 contract

Samples: Trust Indenture

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Place and Medium of Payment. Principal and interest The Bonds shall be payable, with respect to interest, principal and Redemption Price, in any series coin or currency of Debt Securities shall the United States of America which at the time of payment is legal tender for the payment of public and private debts; provided, however, that the Bonds of a Series or of any maturity within a Series may be payable in any coin or currency of any other nation as may be authorized by the currency specified Supplemental Indenture authorizing the issuance of such Bonds relating to such Bonds. Except as otherwise provided in the supplemental indenture authorizing such series. Subject to the provisions Section 4.06 hereof, upon presentation and surrender of the supplemental indenture authorizing such seriesBonds, the principal of, and premium, if any, on, any Debt Security or Redemption Price of such Bonds shall be payable at the principal designated corporate trust office of the Trustee Trustee. Interest on the Bonds shall be paid by check mailed to the registered owner thereof at the address thereof as it appears on the registry books of the Corporation or if authorized by the Trustee acts as Supplemental Indenture authorizing a Paying Agent Series of Bonds by wire transfer to such registered owner of the Bonds of such Series. For purposes of this Section, interest is payable to the registered owner of a Bond at the close of business on the Record Date for such series or, at Bond. All payments of principal or Redemption Price of or interest on Bonds shall specify the option CUSIP number or numbers of the HolderBonds in connection with which such payment is made. The Bonds of each Series shall be issued in the form of fully registered Bonds without coupons. Bonds of each Series issued prior to the first interest payment date thereof shall be dated as of the date specified in the Supplemental Indenture authorizing the issuance thereof. Bonds of each Series issued on or subsequent to the first interest payment date thereof shall be dated as of the interest payment date immediately preceding the date of authentication thereof by the Trustee, at unless such date of authentication shall be an interest payment date, in which case they shall be dated as of such date of authentication; provided, however, that if, as shown by the principal office records of the Trustee, interest on the Bonds of any other Paying Agent upon presentation and surrender Series shall be in default, the Bonds of such Debt Security. Subject to the provisions Series issued in lieu of Bonds surrendered for transfer or exchange may be dated as of the supplemental indenture date to which interest has been paid in full on the Bonds surrendered. Bonds of each Series shall bear interest from their date. All Bonds of each Series shall mature on January 1 or July 1 of the year or years fixed by the Supplemental Indenture authorizing the issuance of such series, the Bonds. Interest on all Bonds that bear interest on Debt Securities bearing coupons at a stated fixed rate to their respective maturity dates shall be payable at on January 1 or July 1 of each year. Interest on all other Bonds shall be payable as provided in the principal office Supplemental Indenture authorizing the issuance of such Bonds. The first installment of interest due on the Trustee if the Trustee acts as Bonds of a Paying Agent Series may be for such series or, at period as the option of the Holder, at the principal office of any other Paying Agent upon presentation and surrender of the coupons representing such interest. As the interest on fully registered Debt Securities becomes due (except Corporation shall fix in the case of payment of interest at Maturity or on redemption which shall be paid on presentation and surrender of such Debt Securities for payment and except as hereinafter in this Section 2.3 provided), Supplemental Indenture authorizing the Company shall, at least five days prior to each Interest Payment Date, forward, or cause to be forwarded, by pre-paid ordinary mail, to the Holder for the time being, or, in the case of joint Holders, to whichever of such joint Holders is named first in the appropriate register maintained by the Company for such purpose, at his or her address appearing in such register, a cheque drawn on the Company's bankers for such interest (less any tax required by law to be deducted), payable to the order of such Holder or Holders and negotiable at par at any Canadian chartered bank in Canada or at such other places at which interest upon Debt Securities of any series is stated to be payable under the supplemental indenture authorizing such series of Debt Securitiesissuance thereof. The forwarding of such cheque shall satisfy and discharge the liability for the interest upon such Debt Securities to the extent of the sums represented thereby (plus the amount of any tax deducted as aforesaid) unless such cheque be not paid on presentation. In the event of the non-receipt of such cheque by such Holder or the loss or destruction thereof the Company, upon being furnished with reasonable evidence of such non-receipt, loss or destruction and an indemnity in amount and form reasonably satisfactory to it, shall issue or cause to be issued to such Holder a replacement cheque for the amount of such cheque. The Company, in lieu of forwarding, or causing to be forwarded, any such cheque in payment of interest, may at its option pay interest to or to the order of such Holder (i) at the principal office of the Trustee if the Trustee acts as a Paying Agent for such series or, at the option of the Holder, at the principal office of any other Paying Agent, or (ii) by electronic funds transfer to an account maintained by the Person entitled thereto (at that Person's expense) as specified in the register for that series of Debt Securities.DRAFT

Appears in 1 contract

Samples: Master Trust Indenture

Place and Medium of Payment. Principal and interest The Bonds shall be payable, with respect to interest, principal and Redemption Price, in any series coin or currency of Debt Securities shall the United States of America which at the time of payment is legal tender for the payment of public and private debts; provided, however, that the Bonds of a Series or of any maturity within a Series may be payable in any coin or currency of any other nation as may be authorized by the currency specified Supplemental Indenture authorizing the issuance of such Bonds relating to such Bonds. Except as otherwise provided in the supplemental indenture authorizing such series. Subject to the provisions Section 4.06 hereof, upon presentation and surrender of the supplemental indenture authorizing such seriesXxxxx, the principal of, and premium, if any, on, any Debt Security or Redemption Price of such Bonds shall be payable at the principal corporate trust office of the Trustee Trustee. Interest on the Bonds shall be paid by check mailed to the registered owner thereof at the address thereof as it appears on the registry books of the Corporation or if authorized by the Trustee acts as Supplemental Indenture authorizing a Paying Agent Series of Bonds by wire transfer to such registered owner of the Bonds of such Series. For purposes of this Section, interest is payable to the registered owner of a Bond at the close of business on the Record Date for such series or, at Bond. All payments of principal or Redemption Price of or interest on Bonds shall specify the option CUSIP number or numbers of the HolderBonds in connection with which such payment is made. The Bonds of each Series shall be issued in the form of fully registered Bonds without coupons. Bonds of each Series issued prior to the first interest payment date thereof shall be dated as of the date specified in the Supplemental Indenture authorizing the issuance thereof. Bonds of each Series issued on or subsequent to the first interest payment date thereof shall be dated as of the interest payment date immediately preceding the date of authentication thereof by the Trustee, at unless such date of authentication shall be an interest payment date, in which case they shall be dated as of such date of authentication; provided, however, that if, as shown by the principal office records of the Trustee, interest on the Bonds of any other Paying Agent upon presentation and surrender Series shall be in default, the Bonds of such Debt Security. Subject to the provisions Series issued in lieu of Bonds surrendered for transfer or exchange may be dated as of the supplemental indenture date to which interest has been paid in full on the Bonds surrendered. Bonds of each Series shall bear interest from their date. All Bonds of each Series shall mature on the date fixed by the Supplemental Indenture authorizing the issuance of such series, the interest Bonds. Interest on Debt Securities bearing coupons all Bonds of each Series shall be payable at as provided in the principal office Supplemental Indenture authorizing the issuance of such Bonds. The first installment of interest due on the Trustee if the Trustee acts as Bonds of a Paying Agent Series may be for such series or, at period as the option of the Holder, at the principal office of any other Paying Agent upon presentation and surrender of the coupons representing such interest. As the interest on fully registered Debt Securities becomes due (except Corporation shall fix in the case of payment of interest at Maturity or on redemption which shall be paid on presentation and surrender of such Debt Securities for payment and except as hereinafter in this Section 2.3 provided), Supplemental Indenture authorizing the Company shall, at least five days prior to each Interest Payment Date, forward, or cause to be forwarded, by pre-paid ordinary mail, to the Holder for the time being, or, in the case of joint Holders, to whichever of such joint Holders is named first in the appropriate register maintained by the Company for such purpose, at his or her address appearing in such register, a cheque drawn on the Company's bankers for such interest (less any tax required by law to be deducted), payable to the order of such Holder or Holders and negotiable at par at any Canadian chartered bank in Canada or at such other places at which interest upon Debt Securities of any series is stated to be payable under the supplemental indenture authorizing such series of Debt Securities. The forwarding of such cheque shall satisfy and discharge the liability for the interest upon such Debt Securities to the extent of the sums represented thereby (plus the amount of any tax deducted as aforesaid) unless such cheque be not paid on presentation. In the event of the non-receipt of such cheque by such Holder or the loss or destruction thereof the Company, upon being furnished with reasonable evidence of such non-receipt, loss or destruction and an indemnity in amount and form reasonably satisfactory to it, shall issue or cause to be issued to such Holder a replacement cheque for the amount of such cheque. The Company, in lieu of forwarding, or causing to be forwarded, any such cheque in payment of interest, may at its option pay interest to or to the order of such Holder (i) at the principal office of the Trustee if the Trustee acts as a Paying Agent for such series or, at the option of the Holder, at the principal office of any other Paying Agent, or (ii) by electronic funds transfer to an account maintained by the Person entitled thereto (at that Person's expense) as specified in the register for that series of Debt Securitiesissuance thereof.

Appears in 1 contract

Samples: Trust Indenture

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