Common use of Replacement Senior Notes Clause in Contracts

Replacement Senior Notes. If any mutilated Senior Note is surrendered to the Trustee or the Company and the Trustee receives evidence to its satisfaction of the destruction, loss or theft of any Senior Note, the Company shall issue and the Trustee, upon the written order of the Company signed by two Officers of the Company, shall authenticate a replacement Senior Note if the Trustee's requirements for replacements of Senior Notes are met. If required by the Trustee or the Company, an indemnity bond must be supplied by the Holder that is sufficient in the judgment of the Trustee and the Company to protect the Company, the Trustee, any Agent and any authenticating agent from any loss that any of them may suffer if a Senior Note is replaced. The Company may charge for its expenses in replacing a Senior Note. Every replacement Senior Note shall constitute a valid obligation of the Company and shall evidence the same debt as the Senior Note for which it is a replacement.

Appears in 2 contracts

Samples: Indenture (Niagara Mohawk Power Corp /Ny/), Niagara Mohawk Power Corp /Ny/

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Replacement Senior Notes. If any a mutilated Senior Note is surrendered to the Trustee or the Company Registrar or a holder of a Senior Note submits an affidavit or other evidence satisfactory to the Registrar and the Trustee receives evidence to its satisfaction of Company that the destructionSenior Note has been lost, loss destroyed or theft of any Senior Notewrongfully taken, the Company shall issue and the Trustee, upon the written order of the Company signed by two Officers of the Company, Trustee shall authenticate a replacement Senior Note if the Trustee's requirements for replacements of Senior Notes are met. If required by the Trustee or the CompanyCompany as a condition of receiving a replacement Senior Note, the holder of Senior Note must provide an indemnity bond must be supplied by the Holder that is sufficient sufficient, in the judgment of both the Trustee Company and the Company Trustee, to fully protect the Company, the Trustee, any Agent and any authenticating agent from any loss that which any of them may suffer if a the Senior Note is replaced. The Company and the Trustee may charge the relevant holder for its their expenses in replacing a any Senior Note. Every replacement Senior Note shall constitute a valid is an additional obligation of the Company and shall evidence the same debt as the Senior Note for which it is a replacementCompany.

Appears in 1 contract

Samples: Indenture (Telemundo Group Inc)

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Replacement Senior Notes. If any a mutilated Senior Note is surrendered to the Trustee or the Company Registrar or a holder of a Senior Note submits an affidavit or other evidence satisfactory to the Xxxxxxxxx and the Trustee receives evidence to its satisfaction of Company that the destructionSenior Note has been lost, loss destroyed or theft of any Senior Notewrongfully taken, the Company shall issue and the Trustee, upon the written order of the Company signed by two Officers of the Company, Trustee shall authenticate a replacement Senior Note if the Trustee's requirements for replacements of Senior Notes are met. If required by the Trustee or the CompanyCompany as a condition of receiving a replacement Senior Note, the holder of Senior Note must provide an indemnity bond must be supplied by the Holder that is sufficient sufficient, in the judgment of both the Trustee Company and the Company Trustee, to fully protect the Company, the Trustee, any Agent and any authenticating agent from any loss that which any of them may suffer if a the Senior Note is replaced. The Company and the Trustee may charge the relevant holder for its their expenses in replacing a any Senior Note. Every replacement Senior Note shall constitute a valid is an additional obligation of the Company and shall evidence the same debt as the Senior Note for which it is a replacementCompany.

Appears in 1 contract

Samples: Indenture (Telemundo Group Inc)

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