Common use of Receipt of Debenture Holder Clause in Contracts

Receipt of Debenture Holder. The receipt of each Debenture Holder or of the survivors or survivor of the Debenture Holder(s) of the Payments payable in respect of each of such Debenture shall be a good discharge to the Debenture Trustee and the Company. On such Payments being made, the Company will inform the Depository(ies) and, accordingly, the account of the Debenture Holder(s) with the Depository(ies) will be adjusted.

Receipt of Debenture Holder. The receipt of each holder of Debentures or if there be joint holders, then the receipt of any one of such Debenture Holder Holder(s) or of the survivors or survivor of the Debenture Holder(s) of the Payments payable in respect of each of such Debenture Debentures shall be a good discharge to the Debenture Trustee and the Company. On such Payments being made, the Company will inform the Depository(ies) and, accordingly, the account of the Debenture Holder(s) with the Depository(ies) will be adjusted.

Receipt of Debenture Holder. The receipt of each holder of Debentures or if there be more than one holder of Debentures, then the receipt of any one of such Debenture Holder holder(s) or of the survivors or survivor of the Debenture Holder(sholder(s) of the Payments Redemption Amount, payable in respect of each of such Debenture shall be a good discharge to the Debenture Trustee and the Company. On such Payments being made, the Company will inform the Depository(ies) and, accordingly, the account of the Debenture Holder(s) with the Depository(ies) will be adjusted.

Receipt of Debenture Holder. The receipt of each holder of Debentures or if there be more than one holder of Debentures, then the receipt of any one of such Debenture Holder Holder(s) or of the survivors or survivor of the Debenture Holder(s) of the Payments Redemption Amount, payable in respect of each of such Debenture shall be a good discharge to the Debenture Trustee and the Company. On such Payments being made, the Company will inform the Depository(ies) and, accordingly, the account of the Debenture Holder(s) with the Depository(ies) will be adjusted.