Common use of Receipt of Debenture Holders Clause in Contracts

Receipt of Debenture Holders. The receipt of each holder/owner of the Debentures (s) or if there be more than one holder(s)/owner(s) of any such Debentures, then the receipt of any one of such holder(s)/owner(s) or of the survivors or survivor for the principal monies and interest payable in respect of each of such Debenture shall be a good discharge to the Trustee.

Appears in 5 contracts

Samples: Debenture Trust Cum Hypothecation Deed, Debenture Trust Cum Hypothecation Deed, Debenture Trust Cum Hypothecation Deed

AutoNDA by SimpleDocs

Receipt of Debenture Holders. The receipt of each holder/owner of the Debentures (s) Debenture Holder or if there be more than one holder(s)/owner(s) holder of any such Debentures, then the receipt of any one of such holder(s)/owner(s) holders or of the survivors or survivor survivors/successors for the principal monies and interest Coupon payable in respect of each of such Debenture shall be a good discharge to the Debenture Trustee.

Appears in 4 contracts

Samples: Debenture Trust Deed, Debenture Trust Deed, Debenture Trust Deed

AutoNDA by SimpleDocs

Receipt of Debenture Holders. The receipt of each holder/owner of the Debentures (s) or if there be more than one holder(s)/owner(s) of any such Debentures, then the receipt of any one of such holder(s)/owner(s) or of the survivors or survivor for the principal monies and interest payable in respect of each of such Debenture shall be a good discharge to the Trustee.

Appears in 2 contracts

Samples: Debenture Trust Deed, Debenture Trust Deed (Vedanta LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!