Common use of Mutilation, Loss, Theft or Destruction, Etc Clause in Contracts

Mutilation, Loss, Theft or Destruction, Etc. (i) Following the endorsement of a Guarantee Legend on a Note pursuant to Section 5.03, if such Note is mutilated, lost, stolen or destroyed, and the Borrower (in accordance with the Credit Agreement) issues and delivers to the Lender a new Note in exchange for the Note so mutilated, lost, stolen or destroyed, then the Lender may ask Ex-Im Bank to endorse a Guarantee Legend on the new Note issued by the Borrower by submitting a Request for Guarantee to Ex-Im Bank.

Appears in 3 contracts

Samples: Master Guarantee Agreement, Master Guarantee Agreement, Master Guarantee Agreement

AutoNDA by SimpleDocs

Mutilation, Loss, Theft or Destruction, Etc. (i) Following the endorsement of a Guarantee Legend on a Note pursuant to Section 5.03, if such Note is mutilated, lost, stolen or destroyed, and the Borrower (in accordance with the Credit Agreement) issues and delivers to the Lender Agent, on behalf of the Lenders, a new Note in exchange for the Note so mutilated, lost, stolen or destroyed, then the Lender Agent, on behalf of the Lenders, may ask Ex-Im Bank to endorse a Guarantee Legend on the new Note issued by the Borrower by submitting a Request for Guarantee to Ex-Im Bank.

Appears in 1 contract

Samples: Master Guarantee Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.