Common use of Lost or Mutilated Debenture Clause in Contracts

Lost or Mutilated Debenture. If this Note shall be mutilated, lost, stolen or destroyed, the Company shall execute and deliver, in exchange and substitution for and upon cancellation of a mutilated Note, or in lieu of or in substitution for a lost, stolen or destroyed Note, a new Note for the principal amount of this Note so mutilated, lost, stolen or destroyed, but only upon receipt of evidence of such loss, theft or destruction of such Note, and of the ownership hereof, reasonably satisfactory to the Company.

Appears in 4 contracts

Samples: Convertible Security Agreement (Chanticleer Holdings, Inc.), Convertible Security Agreement (Chanticleer Holdings, Inc.), Convertible Security Agreement (Chanticleer Holdings, Inc.)

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