Common use of Replacement of Note Certificates Clause in Contracts

Replacement of Note Certificates. Should a Note Certificate be defaced, lost or destroyed, the Company shall be entitled to issue, in place thereof, a new Note Certificate, upon the same terms with regard to proof, indemnity and cover of the expenses that were caused to the Company for the purpose of clarifying the right of ownership of the Notes, as the Company shall deem fit, provided that, in the event of defacement, the defaced Note Certificate shall be returned to the Company prior to the issuance of the new certificate. Stamp tax and other levies, as well as other expenses entailed in the issuance of the new certificate, shall apply to the entity requesting said certificate.

Appears in 3 contracts

Sources: Trust Deed, Trust Deed, Trust Deed (Elbit Imaging LTD)