Proof of Title to the Debentures Clause Samples

The 'Proof of Title to the Debentures' clause establishes the requirements and procedures for a person or entity to demonstrate legal ownership of debentures. Typically, this involves presenting documentation such as certificates, transfer forms, or entries in a register to the issuer or trustee to confirm the holder's entitlement. This clause ensures that only legitimate holders can exercise rights associated with the debentures, such as receiving payments or voting, thereby preventing disputes and unauthorized claims.
Proof of Title to the Debentures. The Issuer will not issue Debenture certificates. To all legal intents and purposes, title to the Debentures will be proven by the statement issued by the Depository Institution. Furthermore, for securities deposited with the SND, this body will provide an "Asset Position Report", accompanying the statement, issued in the name of the Debenture holder by the financial institution responsible for the custody of these securities. And for the Debentures deposited with the CBLC, a statement of custody will be issued in the name of the Debenture holder by the CBLC itself.
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Related to Proof of Title to the Debentures

  • Defense of Title to Collateral Each Borrower shall at all times defend its title to Collateral and Agent’s Liens therein against all Persons, claims and demands whatsoever, except Permitted Liens.

  • WARRANTY OF TITLE TO GAS 1. Seller warrants the title to all gas delivered hereunder and the right to sell the same and that such gas shall be free and clear from all liens and adverse claims.

  • Documents of Title Not sign or authorize the signing of any financing statement or other document naming Borrower as debtor or obligor, or acquiesce or cooperate in the issuance of any ▇▇▇▇ of lading, warehouse receipt or other document or instrument of title with respect to any Collateral, except those negotiated to Lender, or those naming Lender as secured party, or if solely to create, perfect or maintain a Permitted Lien.

  • Evidence of Title Evidence that title to a REO is held by the Trustee shall be submitted by the Servicer to the Master Servicer and, if applicable, to the Primary Mortgage Insurer and/or the Pool Insurer, within ten Business Days after marketable title to such REO has been acquired.

  • Delivery of Instruments, Certificated Securities and Chattel Paper If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument (other than checks, drafts or other Instruments that will be promptly deposited in an Investment Account), Certificated Security or Chattel Paper evidencing an amount in excess of $100,000, such Instrument, Certificated Security or Chattel Paper shall be promptly delivered to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.