Common use of Note Delivery Clause in Contracts

Note Delivery. The Lenders hereby agree to deliver the original Notes to the Company as soon as reasonably practicable (or, if lost, destroyed or mutilated, to execute a declaration of lost Note containing standard indemnification provisions), and the surrender, cancellation, release and extinguishment of the Notes shall be deemed to be effective as of the date hereof whether or not such Notes are delivered to and cancelled by the Company.

Appears in 4 contracts

Samples: Promissory Note Termination Agreement (Sun Qifeng), Promissory Note Termination Agreement (Kong Jianping), Promissory Note Termination Agreement (Sun Qifeng)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!