Cessation of Rights. From and after the Prepayment Date, unless there has been a default under the Prepayment Notice, all interest on the redeemed principal amount shall cease to accrue and all rights of Holder as a Holder of this Note shall cease with respect to the principal amount prepaid and, with respect to such amount, this Note thereafter shall not be deemed to be outstanding for any purpose whatsoever. By acceptance of this Note, Holder agrees to execute and deliver such documents as may be reasonably requested from time to time by the Company in order to implement the foregoing provisions of this Section.
Appears in 9 contracts
Samples: Note Purchase Agreement (API Technologies Corp.), Note (Ceco Environmental Corp), Replacement Promissory Note (Ceco Environmental Corp)
Cessation of Rights. From and after the Prepayment Date, unless ------------------- there has been a default under the Prepayment Notice, all interest on the redeemed principal amount shall cease to accrue and all rights of Holder as a Holder of this Note shall cease with respect to the principal amount prepaid and, with respect to such amount, this Note thereafter shall not be deemed to be outstanding for any purpose whatsoever. By acceptance of this Note, Holder agrees to execute and deliver such documents as may be reasonably requested from time to time by the Company in order to implement the foregoing provisions of this Section.
Appears in 3 contracts
Samples: Note (Ceco Environmental Corp), Note (Ceco Environmental Corp), Note (Ceco Environmental Corp)
Cessation of Rights. From and after the Prepayment Date, unless there has been a default under the Prepayment Notice, all interest on the redeemed principal amount shall cease to accrue and all rights of Holder as a Holder of this Note shall cease with respect to the principal amount prepaid and, with respect to such amount, this Note thereafter shall not be deemed to be outstanding for any purpose whatsoever. By acceptance of this Note, Holder Xxxxxx agrees to execute and deliver such documents as may be reasonably requested from time to time by the Company in order to implement the foregoing provisions of this Section.
Appears in 3 contracts
Samples: Second Amended and Restated Replacement Promissory Note (Ceco Environmental Corp), Fourth Amended and Restated Replacement Promissory Note (Ceco Environmental Corp), Third Amended and Restated Replacement Promissory Note (Ceco Environmental Corp)