Common use of Worn or Lost Debentures Clause in Contracts

Worn or Lost Debentures. If this Debenture becomes worn, defaced or mutilated but is still substantially intact and recognizable, the Company or its agent may issue a new Debenture in lieu hereof upon its surrender. Where the Holder of this Debenture claims that the Debenture has been lost, destroyed or wrongfully taken, the Company shall issue a new Debenture in place of the Debenture if the Holder so requests by written notice to the Company.

Appears in 40 contracts

Samples: www.sec.gov, www.sec.gov, Debenture Agreement (Challenger Powerboats, Inc.)

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Worn or Lost Debentures. If this Debenture becomes worn, defaced or mutilated but is still substantially intact and recognizable, the Company or its agent may issue a new Debenture in lieu hereof upon its surrender. Where the Holder of this Debenture claims that the Debenture has been lost, destroyed or wrongfully taken, the Company shall issue a new Debenture in place of the Debenture if the Holder so requests by written notice to the Company and provides the Company with such documents as may be reasonably requested by the Company, including a loss stock affidavit.

Appears in 1 contract

Samples: Debenture Agreement (Simplagene Usa Inc)

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