Mutilation, Destruction, Loss or Theft Sample Clauses

Mutilation, Destruction, Loss or Theft. If a Note shall become mutilated, destroyed, lost or stolen, the Borrower shall, upon the written request and at the expense of the relevant Lender execute and deliver to such Lender, in replacement thereof, a new Note in the same face amount, with the same designation and dated the same date as the Note so mutilated, destroyed, lost or stolen. If the Note being replaced has become mutilated, such Note shall be surrendered to the Borrower. If the Note being replaced has been destroyed, lost or stolen, the holder of such Note shall furnish to the Borrower such security or indemnity as may reasonably be required by the Borrower to save it harmless and evidence reasonably satisfactory to the Borrower of the destruction, loss or theft of such Note and the ownership thereof, provided, however, that if the holder of such Note is an initial Lender, the written undertaking of such holder to indemnify the Borrower shall be sufficient security and indemnity.
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Mutilation, Destruction, Loss or Theft. If the Note is mutilated, destroyed, lost or stolen, the Borrower will, upon the written request and at the expense of the Lender execute and deliver to the Lender, in replacement thereof, a new Note in the same face amount, with the same designation and dated the same date as the Note so mutilated, destroyed, lost or stolen. If the Note being replaced has become mutilated, such Note will be surrendered to the Borrower. If the Note being replaced has been destroyed, lost or stolen, the holder of such Note will furnish to the Borrower such indemnity as may reasonably be required by the Borrower to save it harmless and evidence reasonably satisfactory to the Borrower of the destruction, loss or theft of such Note and the ownership thereof.
Sample 1
Mutilation, Destruction, Loss or Theft. If the Note shall become -------------------------------------- mutilated, destroyed, lost or stolen, Debtor shall, upon the written request and at the expense of Secured Party execute and deliver to Secured Party, in replacement thereof, a new Note in the same face amount and dated the same date as the Note so mutilated, destroyed, lost or stolen. If the Note being replaced has become mutilated, such Note shall be surrendered to Debtor. If the Note being replaced has been destroyed, lost or stolen, Secured Party shall furnish to Debtor such security or indemnity as may reasonably be required by it to save it harmless and evidence reasonably satisfactory to Debtor of the destruction, loss or theft of such Note and the ownership thereof; provided, however, that if Secured Party is Transamerica Business Credit Corporation or any institutional investor, the written undertaking of such holder delivered to Debtor shall be sufficient security and indemnity.
Sample 1
Mutilation, Destruction, Loss or Theft. If any Engine Note shall -------------------------------------- become mutilated, destroyed, lost or stolen, Debtor shall, upon the written request and at the expense of Secured Party execute and deliver to Secured Party, in replacement thereof, a new Engine Note in the same face amount, with the same designation and dated the same date as the Engine Note so mutilated, destroyed, lost or stolen. If the Engine Note being replaced has become mutilated, such Engine Note shall be surrendered to Debtor. If the Engine Note being replaced has been destroyed, lost or stolen, Secured Party shall furnish to Debtor such security or indemnity as may reasonably be required by it to save it harmless and evidence reasonably satisfactory to Debtor of the destruction, loss or theft of such Engine Note and the ownership thereof; provided, however, [Security Agreement] that if Secured Party is Transamerica Business Credit Corporation or any institutional investor, the written undertaking of such holder delivered to Debtor shall be sufficient security and indemnity.
Sample 1

Related to Mutilation, Destruction, Loss or Theft

  • Loss, Theft, Destruction or Mutilation of Warrant The Company covenants that upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant or any stock certificate relating to the Warrant Shares, and in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it (which, in the case of the Warrant, shall not include the posting of any bond), and upon surrender and cancellation of such Warrant or stock certificate, if mutilated, the Company will make and deliver a new Warrant or stock certificate of like tenor and dated as of such cancellation, in lieu of such Warrant or stock certificate.

  • Loss or Mutilation Upon receipt of evidence reasonably satisfactory to the Company of the ownership of and the loss, theft, destruction or mutilation of this Warrant, and of indemnity reasonably satisfactory to it, and (in the case of mutilation) upon surrender and cancellation of this Warrant, the Company will execute and deliver in lieu thereof a new Warrant of like tenor as the lost, stolen, destroyed or mutilated Warrant.

  • Loss or Destruction of Warrant Subject to the terms and conditions hereof, upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant and, in the case of loss, theft or destruction, of such bond or indemnification as the Company may reasonably require, and, in the case of such mutilation, upon surrender and cancellation of this Warrant, the Company will execute and deliver a new Warrant of like tenor.

  • Loss or Destruction Upon receipt of evidence satisfactory to the Company of the loss, theft, destruction, or mutilation of this Warrant Certificate and, in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement or bond satisfactory in form, substance and amount to the Company or, in the case of any such mutilation, upon surrender and cancellation of this Warrant Certificate, the Company at its expense will execute and deliver, in lieu thereof, a new Warrant Certificate of like tenor.

  • Destruction In the event the Premises are destroyed or injured by fire or earthquake or other casualty, to the extent that they are untenantable in whole or in part, then Landlord may, at Landlord’s option, proceed with reasonable diligence to build and restore said Premises or such part thereof, provided that within thirty (30) days after such destruction or injury Landlord shall notify Tenant in writing of Landlord’s intention to do so, which notice shall also set forth Landlord’s estimated time frame for complete restoration of the Premises. If more than forty percent (40%) the Premises is unuseable and Landlord’s notice provides that repairs necessary to complete restoration of the Premises cannot be made within two hundred and seventy (270) days, or in the event Landlord commences restoration of the Premises and does not complete the same within two hundred and seventy (270) days from the date Landlord commences restoration, Tenant may terminate the Lease effective upon Landlord’s receipt of Tenant’s notice. During the period from destruction or damage to restoration, the rent shall be abated in the same ratio as that portion of the Premises which Landlord determines is unfit for occupancy bears to the whole Premises. If the Landlord shall fail to notify Tenant, then this Lease shall, at the expiration of the time for the giving of notice as herein provided, be deemed terminated. If Landlord elects not to repair or rebuild as set forth above, this Lease shall terminate without further notice, and all amounts paid or payable by Tenant to Landlord shall, where applicable, be prorated accordingly. Tenant shall vacate the Premises and all further obligations of both parties hereunder shall cease (other than those which shall theretofore have accrued), effective as of the date on which Tenant vacates the Premises.

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