Common use of Exchange of Notes Clause in Contracts

Exchange of Notes. Upon receipt of a written notice of loss, theft, destruction or mutilation of a Note and of a letter of indemnity from the affected Lender or its successors or assigns, and upon surrendering for cancellation such Note if mutilated (in which event no indemnity shall be required), the Borrower shall execute and deliver a new Note of like tenor in lieu of such lost, stolen, destroyed or mutilated Note, as the case may be.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Dingley Press, Inc.), Revolving Credit Agreement (Sheridan Group Inc)

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Exchange of Notes. Upon receipt of a written notice of loss, theft, destruction or mutilation of a Note and any or all of the Notes (and, if requested by the Borrower, of a letter of indemnity from the affected Lender or its successors or assigns, ) and upon surrendering surrender for cancellation such Note Note(s) if mutilated (in which event no indemnity shall be requiredrequested), the Borrower shall execute and deliver a new Note or Notes of like tenor in lieu of such lost, stolen, destroyed or mutilated Note, as the case may beNote(s).

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Adelphia Communications Corp), Revolving Credit Agreement (Specialty Products & Insulation Co)

Exchange of Notes. Upon receipt of a written notice of loss, theft, destruction or mutilation of a Note any or all of the Notes and of a letter of indemnity from the affected Lender or its successors or assigns, and upon surrendering for cancellation such Note Notes if mutilated (in which event no indemnity shall be required), the U.S. Borrower or Canadian Borrower, as applicable, shall execute and deliver a new Note or Notes of like tenor in lieu of such lost, stolen, destroyed or mutilated NoteNotes, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (Vishay Precision Group, Inc.), Credit Agreement (Vishay Precision Group, Inc.)

Exchange of Notes. Upon receipt of a written notice of certifying the loss, theft, destruction or mutilation of a Note any or all of the Notes and of a letter of indemnity as to such loss, theft, destruction or mutilation, as the case may be, from the affected Lender or its successors or assigns, and upon surrendering for cancellation such Note Notes if mutilated (in which event no indemnity shall be required), the Borrower shall execute and deliver a new Note or Notes of like tenor in lieu of such lost, stolen, destroyed or mutilated NoteNotes, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (New Enterprise Stone & Lime Co., Inc.), Credit Agreement (Gateway Trade Center Inc.)

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Exchange of Notes. Upon receipt of a written notice of certifying the loss, theft, destruction or mutilation of a Note any or all of the Notes and of a letter of indemnity as to such loss, theft, destruction or mutilation, as the case may be, from the affected Lender or its successors or assigns, and upon surrendering for cancellation such Note Notes if mutilated (in which event no indemnity shall be required), the Borrower shall execute and deliver a new Note of like tenor in lieu of such lost, stolen, destroyed or mutilated Note, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (New Enterprise Stone & Lime Co., Inc.)

Exchange of Notes. Upon receipt of a written notice of loss, theft, destruction or mutilation of a Note and of a letter of indemnity from the affected Lender or its successors or assigns, and upon surrendering for cancellation such Note if mutilated (in which event no indemnity shall be required), the each Borrower shall execute and deliver a new Note of like tenor in lieu of such lost, stolen, destroyed or mutilated Note, as the case may be.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sl Industries Inc)

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