Common use of Execution of Debentures Clause in Contracts

Execution of Debentures. The Debentures shall be signed by the manual or facsimile signature of the Executive of the Issuer and attested by the manual or facsimile signature of the Attesting Officer of the Issuer. The Debentures may bear the seal of the Issuer or a facsimile thereof affixed to or imprinted on the Debentures. In case any officer whose signature or a facsimile of whose signature shall appear on any Debenture shall cease to be such officer before the delivery of such Debenture, such signature or facsimile shall nevertheless be valid and sufficient for all purposes as if such officer had remained in office until such delivery.

Appears in 2 contracts

Sources: Trust Indenture (Vineyard National Bancorp), Trust Indenture (Vineyard National Bancorp)