Common use of Execution of Subordinated Securities Clause in Contracts

Execution of Subordinated Securities. The Subordinated ------------------------------------ Securities and each Coupon appertaining thereto, if any, shall be executed manually or in facsimile, by any two of the Chairman of the Board, Chief Executive Officer, the President, and Vice President, the Secretary, any Assistant Secretary, the Chief Financial Officer, the Treasurer or any Assistant Treasurer of the Company under its corporate seal (except in the case of Coupons), which may be affixed thereto or printed, engraved or otherwise reproduced thereon, by facsimile or otherwise attested by its Secretary or one of its Assistant Secretaries. In case any officer of the Company who shall have signed any of the Subordinated Securities or Coupons, if any, (manually or in facsimile) shall cease to be such officer before the Subordinated Securities or Coupons so signed shall have been authenticated and delivered by the Trustee, or disposed of by the Company, such Subordinated Securities or Coupons nevertheless may be authenticated and delivered or disposed of as though the Person who signed such Subordinated Securities or Coupons had not ceased to be such officer of the Company. Also, any Subordinated Security or Coupon may be signed on behalf of the Company by such Persons as on the actual date of execution of such Subordinated Security or Coupon shall be the proper officers of the Company, although at the date of the execution of this Subordinated Indenture or on the nominal date of such Subordinated Security any such Person was not such officer.

Appears in 1 contract

Sources: Subordinated Indenture (Exodus Communications Inc)

Execution of Subordinated Securities. The Subordinated ------------------------------------ Securities and each Coupon appertaining thereto, if any, shall be executed manually or in facsimile, by any two of the Chairman of the Board, Chief Executive Officer, the President, and Vice President, the Secretary, any Assistant Secretary, the Chief Financial Officer, the Treasurer or any Assistant Treasurer signed on behalf of the Company under by the chairman or vice chairman of its corporate seal Board of Directors or its president, or any executive (except in the case of Couponssenior or other), which a vice president or its treasurer. Such signatures may be affixed thereto the manual or printed, engraved facsimile signatures of the present or otherwise reproduced thereon, any future such officers. Typographical and other minor errors or defects in any such reproduction of the seal or any such signature shall not affect the validity or enforceability of any Subordinated Security that has been duly authenticated and delivered by facsimile or otherwise attested by its Secretary or one of its Assistant Secretariesthe Trustee. In case any officer of the Company who shall have signed any of the Subordinated Securities or Coupons, if any, (manually or in facsimile) shall cease to be such officer before the Subordinated Securities Security or Coupons Coupon so signed (or the Subordinated Security to which the Coupon so signed appertains) shall have been be authenticated and delivered by the Trustee, Trustee or disposed of by the Company, such Subordinated Securities Security or Coupons Coupon nevertheless may be authenticated and delivered or disposed of as though the Person person who signed such Subordinated Securities Security or Coupons Coupon had not ceased to be such officer of the Company. Also, ; and any Subordinated Security or Coupon may be signed on behalf of the Company by such Persons as on persons as, at the actual date of the execution of such Subordinated Security or Coupon Coupon, shall be the proper officers of the Company, although at the date of the execution and delivery of this Subordinated Indenture or on the nominal date of such Subordinated Security any such Person person was not such an officer.

Appears in 1 contract

Sources: Subordinated Indenture (Quadramed Corp)