Common use of Issue in Substitution for Lost Debentures Clause in Contracts

Issue in Substitution for Lost Debentures. (1) In case any of the Debentures issued and certified hereunder or coupons appertaining thereto shall become mutilated or be lost, destroyed or stolen, the Bank in its discretion may issue and thereupon the Trustee shall certify and deliver a new Debenture or coupon of like date and tenor as the one mutilated, lost, destroyed or stolen in exchange for and in place of and upon cancellation of such mutilated Debenture or coupon or in lieu of and in substitution for such lost, destroyed or stolen Debenture or coupon and the new Debenture or coupon shall be in a form approved by the Trustee and shall be entitled to the benefit hereof and rank equally in accordance with its terms with all other Debentures or coupons issued or to be issued hereunder. (2) The applicant for the issue of a new Debenture or coupon pursuant to this section shall bear the cost of the issue thereof and in case of loss, destruction or theft shall, as a condition precedent to the issue thereof, furnish to the Bank and to the Trustee such evidence of ownership and of the loss, destruction or theft of the Debenture or coupon so lost, destroyed or stolen as shall be satisfactory to the Bank and the Trustee in their discretion and such applicant may also be required to furnish indemnity in amount and form satisfactory to the Bank and the Trustee in their discretion, and shall pay the reasonable charges of the Bank and the Trustee in connection therewith. ARTICLE THREE ISSUE OF SERIES 10 DEBENTURES

Issue in Substitution for Lost Debentures. (1) In case If any of the Debentures Debenture issued and certified Authenticated hereunder or coupons appertaining thereto shall become mutilated or be lost, destroyed stolen or stolendestroyed, the Bank in its discretion may Company shall issue and thereupon the Trustee shall certify Authenticate and deliver a new Debenture or coupon of like date and tenor upon surrender and cancellation of the mutilated Debenture or, in the case of a lost, destroyed or stolen Debenture in lieu of and in substitution for the same, and the substituted Debenture shall be in the form authorized under this Indenture with such endorsements thereon as the one Trustee may approve for the purpose of indicating that it has been issued in substitution for a mutilated, lost, destroyed or stolen in exchange for and in place of and upon cancellation of such mutilated Debenture or coupon or in lieu of and in substitution for such lostDebenture, destroyed or stolen Debenture or coupon and the new Debenture or coupon shall be in a form approved by the Trustee and shall be entitled to the benefit security hereof and rank equally in accordance with its terms with all other Debentures or coupons issued or to be issued hereunder. (2) . The applicant for the issue of a new Debenture or coupon pursuant to this section Section shall bear the cost of the issue thereof and in case of loss, destruction or theft shall, as a condition precedent to the issue thereof, furnish to the Bank Company and to the Trustee such evidence of ownership and of the loss, destruction or theft of the Debenture or coupon so lost, destroyed or stolen as shall be satisfactory to the Bank Company and to the Trustee in their discretion and such applicant may also be required to furnish an indemnity and surety bond in amount and form satisfactory to the Bank and the Trustee them in their discretion, discretion and shall pay the reasonable charges of the Bank Company and the Trustee in connection therewith. ARTICLE THREE ISSUE OF SERIES 10 DEBENTURES.

Issue in Substitution for Lost Debentures. (1) In case any of the Debentures issued and certified hereunder or coupons appertaining pertaining thereto shall become mutilated mutilated, defaced or be lost, destroyed or stolen, the Bank in its discretion may shall issue and thereupon the Trustee shall certify and deliver a new Debenture or coupon of like date and tenor as the one mutilated, lost, destroyed or stolen in exchange for and in place of and upon cancellation of such mutilated Debenture or coupon or in lieu of and in substitution for such lost, destroyed or stolen Debenture or coupon and the new Debenture or coupon shall be in a form approved by the Trustee and shall be entitled to the benefit hereof and rank equally Equally in accordance with its terms with all other Debentures or coupons issued or to be issued hereunder. (2) The applicant for the issue of a new Debenture or coupon pursuant to this section Section 2.12 shall bear the cost of the issue thereof and in case of loss, destruction or theft shall, as a condition precedent to the issue thereof, furnish to the Bank and to the Trustee such evidence of ownership and of the loss, destruction or theft of the Debenture or coupon so lost, destroyed or stolen as shall be satisfactory to the Bank and the Trustee in their discretion and such applicant may also be required to furnish indemnity in amount and form satisfactory to the Bank and the Trustee in their discretion, and shall pay the reasonable charges of the Bank and the Trustee in connection therewith. ARTICLE THREE ISSUE OF SERIES 10 DEBENTURES.