Common use of Who Deemed Absolute Owner Clause in Contracts

Who Deemed Absolute Owner. The Company shall deem the Person or Persons in whose name the Debentures shall be registered in the Notes and Debenture Register of the Company to be, and shall treat such Person or Persons as, the absolute owner of the Debentures (whether or not the Debentures shall be overdue) for the purpose of receiving payment of or on account of the principal of the Debentures, for the conversion of the Debentures and for all other purposes, and the Company shall not be required to give effect to any notice to the contrary. All such payments and such conversion shall be valid and effectual to satisfy and discharge the liability upon the Debentures to the extent of the sum or sums so paid or the conversion so made.

Who Deemed Absolute Owner. The Company shall may deem the Person or Persons in whose name the Debentures this Debenture shall be registered in upon the Notes and Debenture Register registry books of the Company to be, and shall may treat such Person or Persons it as, the absolute owner of the Debentures this Debenture ----------- ----------- Initials 4 Initials (whether or not the Debentures this Debenture shall be overdue) for the purpose of receiving payment of or on account of the principal Principal Amount of the Debenturesthis Debenture, for the conversion of the Debentures this Debenture and for all other purposes, and the Company shall not be required to give effect to affected by any notice to the contrary. All such payments and such conversion conversions shall be valid and effectual to satisfy and discharge the liability upon the Debentures this Debenture to the extent of the sum or sums so paid or the conversion or conversions so made.

Who Deemed Absolute Owner. The Company shall may deem the Person or Persons in whose name the Debentures this Debenture shall be registered in upon the Notes and Debenture Register registry books of the Company to be, and shall may treat such Person or Persons it as, the absolute owner of the Debentures this Debenture (whether or not the Debentures this Debenture shall be overdue) for the purpose of receiving payment of or on account of the principal Principal Amount of this Debenture or the Debenturesinterest thereon, for the conversion , redemption or maturity of the Debentures this Debenture and for all other purposes, and the Company shall not be required to give effect to affected by any notice to the contrary. All such payments and such conversion conversions or redemptions shall be valid and effectual to satisfy and discharge the liability upon the Debentures this Debenture to the extent of the sum or sums so paid or the conversion conversion, conversions or redemptions so made.