Common use of Costs and Indemnity Clause in Contracts

Costs and Indemnity. The Replacement Agent shall not issue any replacement ETP Securities unless and until the applicant therefor shall have: 7.5.1 paid such fees and costs as may be incurred in connection therewith; 7.5.2 furnished the Replacement Agent with such evidence (including evidence as to the certificate number of the ETP Security in question), security and indemnity as the Issuer may require; and 7.5.3 surrendered to the Replacement Agent any mutilated or defaced ETP Security to be replaced.