Common use of Exchange or Replacement of Notes Clause in Contracts

Exchange or Replacement of Notes. (a) The Investor may, at its option, in person or by duly authorized attorney, surrender this Note for exchange, at the principal business office of the Company, and receive in exchange therefore, a new Note in the same principal amount as the unpaid principal amount of this Note and bearing interest at the same annual rate as this Note, each such new Note to be dated as of the date of this Note and to be in such principal amount as remains unpaid and payable to such person or persons, or order, as the Investor may designate in writing.

Exchange or Replacement of Notes. (a) The Investor Payee may, at its option, in person or by duly authorized attorney, surrender this Note for exchange, at the principal business office of the CompanyPayor, and receive in exchange thereforetherefor, a new Note in the same principal amount as the unpaid principal amount of this Note and bearing interest at the same annual rate as this Note, each such new Note to be dated as of the date of this Note and to be in such principal amount as remains unpaid and payable to such person or persons, or order, as the Investor Payee may designate in writing.

Exchange or Replacement of Notes. (a) The Investor may, at its option, in person or by duly authorized attorney, surrender this Note for exchange, at the principal business office of the CompanyEnsysce, and receive in exchange therefore, a new Note in the same principal amount as the unpaid principal amount of this Note and bearing interest at the same annual rate as this Note, each such new Note to be dated as of the date of this Note and to be in such principal amount as remains unpaid and payable to such person or persons, or order, as the Investor may designate in writing.

Exchange or Replacement of Notes. (a) a. The Investor Payee may, at its option, in person or by duly authorized attorney, surrender this Note for exchange, at the principal business office of the CompanyPayor, and receive in exchange thereforetherefor, a new Note in the same principal amount as the unpaid principal amount of this Note and bearing interest at the same annual rate as this Note, each such new Note to be dated as of the date of this Note and to be in such principal amount as remains unpaid and payable to such person or persons, or order, as the Investor Payee may designate in writing.

Exchange or Replacement of Notes. (a) The Investor Holder may, at its option, in person or by duly authorized attorney, surrender this Note for exchange, at the principal business office of the CompanyDebtor, and receive in exchange thereforetherefor, a new Note in the same principal amount as the unpaid principal amount of this Note and bearing subject to interest at under the same annual rate terms as this Note, each such new Note to be dated as of the date of this Note and to be in such principal amount as remains unpaid and payable to such person or persons, or order, as the Investor Holder may designate in writing.