Common use of Replacement Senior Notes Clause in Contracts

Replacement Senior Notes. If a mutilated Senior Note is surrendered to the Registrar or Trustee or if the Holder of a Senior Note presents evidence to the satisfaction of the Company and the Trustee that the Senior Note has been lost, destroyed or wrongfully taken and of the ownership thereof, the Company shall issue and the Trustee shall authenticate a replacement Senior Note if the Holder of such Senior Note furnishes to the Company and the Trustee evidence reasonably acceptable to them of the ownership and destruction, loss or theft of such Senior Note. An indemnity bond may be required by the Company or the Trustee that is sufficient in the judgment of the Company and the Trustee to protect the Company, the Trustee or any Agent from any loss which any of them may suffer if a Senior Note is replaced. The Company or the Trustee each may charge for its expenses (including reasonable attorneys' fees and expenses) in replacing a Senior Note. Every replacement Senior Note is an additional obligation of the Company.

Appears in 3 contracts

Samples: Genesis Health (Genesis Health Ventures Inc /Pa), Genesis Health (Genesis Health Ventures Inc /Pa), Indenture (Genesis Health Ventures Inc /Pa)

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Replacement Senior Notes. If a mutilated Senior Note is surrendered to the Registrar or Trustee or if the Holder of a Senior Note presents evidence to the satisfaction of the Company and the Trustee that the Senior Note has been lost, destroyed or wrongfully taken and of the ownership thereof, the Company shall issue and the Trustee shall authenticate a replacement Senior Note if the Holder of such Senior Note furnishes to the Company and the Trustee evidence reasonably acceptable to them of the ownership and destruction, loss or theft of such Senior Note. An indemnity bond may be required by the Company or the Trustee that is sufficient in the judgment of the Company and the Trustee to protect the Company, the Trustee or any Agent from any loss which any of them may suffer if a Senior Note is replaced. The Company or and the Trustee each may charge for its expenses (including reasonable attorneys' fees and expenses) in replacing a Senior Note. Every replacement Senior Note is an additional obligation of the Company.

Appears in 2 contracts

Samples: Unison Healthcare Corp, Unison Healthcare Corp

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