Common use of Exchange generally Clause in Contracts

Exchange generally. At the option of a First Priority Holder, and subject to the other provisions of this Section 2.6, the First Priority Holder’s First Priority Securities may be exchanged for other First Priority Securities of any authorized denominations and of a like aggregate principal amount, upon surrender of the First Priority Securities to be exchanged at such office or agency. Whenever any First Priority Securities are so surrendered for exchange, and subject to the other provisions of this Section 2.6, the Company shall execute, and the First Priority Indenture Trustee shall, upon written order of the Company, in the form of an Officer’s Certificate, authenticate and deliver, the First Priority Securities that the First Priority Holder making the exchange is entitled to receive.