Common use of Lost, Stolen or Mutilated Note Clause in Contracts

Lost, Stolen or Mutilated Note. Upon receipt by Issuer of evidence reasonably satisfactory to it of the ownership of and the loss, theft, destruction or mutilation of the certificate representing this Note and (i) in the case of loss, theft or destruction, of indemnity reasonably satisfactory to it; or (ii) in the case of mutilation, upon surrender thereof, Issuer, at its expense, shall execute and deliver in lieu thereof a new Note executed in the same manner as the Note being replaced, in the same principal amount as the unpaid principal amount of the Note and dated the date of this Note.

Appears in 4 contracts

Samples: Note Subscription Agreement, Note Subscription Agreement (Cheng Zheng), Note Subscription Agreement (Cheng Zheng)

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Lost, Stolen or Mutilated Note. Upon receipt by Issuer Borrower of evidence reasonably satisfactory to it of the ownership of and the loss, theft, destruction or mutilation of the certificate representing this Note or any Note exchanged for it, and (i) in the case of loss, theft or destruction, ) of unsecured indemnity reasonably satisfactory to it; or (ii) in the case , and upon reimbursement to Borrower of mutilationall reasonable expenses incidental thereto, and upon surrender thereofand cancellation of such Note, Issuerif mutilated, at its expense, shall execute Borrower will make and deliver in lieu thereof of such Note a new Note executed in the same manner as the Note being replaced, in the same principal amount as the of like tenor and unpaid principal amount and dated as of the Note and dated the original date of this the Note.

Appears in 1 contract

Samples: License Agreement (Paligent Inc)

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Lost, Stolen or Mutilated Note. Upon receipt by Issuer Borrower of evidence reasonably satisfactory to it of the ownership of and the loss, theft, destruction or mutilation of the certificate representing this Note or any Note exchanged for it, and (i) in the case of loss, theft or destruction, ) of indemnity reasonably satisfactory to it; or (ii) in the case , and upon reimbursement to Borrower of mutilationall reasonable expenses incidental thereto, and upon surrender thereofand cancellation of such Note, Issuerif mutilated, at its expense, shall execute Borrower will make and deliver in lieu thereof of such Note a new Note executed in the same manner as the Note being replaced, in the same principal amount as the of like tenor and unpaid principal amount and dated as of the Note and dated the original date of this the Note.

Appears in 1 contract

Samples: Shareholder Agreement (Signal Apparel Company Inc)

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