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

Mutilated, Destroyed, Lost or Stolen Note. In case this Note shall become mutilated or be destroyed, lost or stolen, the Company in its discretion may execute and deliver a new Note, in exchange and substitution for the mutilated Note or in lieu of and in substitution for the Note destroyed, lost or stolen. In every case the Noteholder shall furnish to the Company such security or indemnity as may be required by it to save the Company harmless, and, in every case of destruction, loss or theft the Noteholder shall also furnish to the Company evidence to its satisfaction of the destruction, loss or theft of this Note and of the ownership thereof. Upon issuance of any substituted Note, the Company may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and other expenses connected therewith.