Registered Note. This Note may be transferred only upon notation of such transfer on the Register, and no assignment thereof shall be effective until recorded therein.
Registered Note. This Note is a registered Note and, as provided in the Note Exchange Agreement, upon surrender of this Note for registration of transfer, duly endorsed, or accompanied by a written instrument of transfer duly executed, by the registered holder hereof or such holder's attorney duly authorized in writing, a new Note for a like principal amount will be issued to, and registered in the name of, the transferee. Prior to due presentment for registration of transfer, the Companies may treat the person in whose name this Note is registered as the owner hereof for the purpose of receiving payment and for all other purposes, and the Companies will not be affected by any notice to the contrary.
Registered Note. In order to qualify as a “registered note” for purposes of the Code, transfer of this Note may be effected only by (i) surrender of this Note to the Company and the re-issuance of this Note to the transferee, or the Company’s issuance to the Holder of a new note in the same form as this Note but with the transferee denoted as the Holder, or (ii) the recording of the identity of the transferee by the Affiliate of the Holder that is maintaining a record ownership register of this Note as a non-fiduciary agent of, and on behalf of, the Company for the tax purposes set forth herein. Such Affiliate in its capacity as such agent shall notify the Company in writing immediately upon any change in such identity. Any attempted transfer in violation of the relevant provisions of this Note shall be void and of no force and effect. Until there has been a valid transfer of this Note and of all of the rights hereunder by the Holder in accordance with this Note, the Company shall deem and treat the Holder as the absolute beneficial owner and holder of this Note and of all of the rights hereunder for all purposes (including, without limitation, for the purpose of receiving all payments to be made under this Note).
Registered Note. This Note is a registered Note and is transferable only by surrender thereof at the principal offices of the Company, duly endorsed or accompanied by a written instrument of transfer duly executed by the registered holder of this Note or his attorney duly authorized in writing. The Maker may treat the person whose name appears in the Note register as the owner hereof for the purpose of receiving payment as herein provided. Transfers are subject to the restrictions set forth in the Unit Agreement.
Registered Note. The principal and interest of the Note will be payable only to the person who is shown on the books and records of Alon Brands as being the registered holder of the Note and who is reflected in the outstanding Note as the named payee of the principal and interest payable thereunder. Notwithstanding anything herein to the contrary, the Note, any beneficial ownership interest therein and any right to the payment of principal and interest thereunder and under this Agreement shall be transferable only by surrender of the outstanding Note to Alon Brands for transfer on the books and records of Alon Brands and the reissuance of a new Note in substitution for the Note so surrendered (which new Note shall have the same outstanding principal balance as the Note surrendered at the effective time of the transfer of the Note on the books and records of Alon Brands and otherwise have the same terms and conditions as the Note surrendered).
Registered Note. This Note is registered as to both principal and any stated interest with Xxxxxxxx, and transfer of this Note or any rights hereunder may be effected only by surrender of the old instrument and either the reissuance by Borrower of the old instrument to the new holder or the issuance by Borrower of a new instrument to the new holder. The foregoing requirements are intended to result in this Note being in “registered form” within the meaning of U.S. Treasury Regulations Section 1.871-14(c) and Sections 163(f), 871(h) and 881(c) of the U.S. Internal Revenue Code of 1986, as amended, and shall be interpreted and applied in a manner consistent therewith. This Note is a registered Note and, as provided in the Financing Agreement, upon surrender of this Note for registration of transfer, duly endorsed, or accompanied by a written instrument of transfer duly executed, by the registered Holder hereof or such Xxxxxx’s attorney duly authorized in writing, a new Note for a like principal amount will be issued to, and registered in the name of, the transferee. Prior to due presentment for registration of transfer, the Borrower may treat the person in whose name this Note is registered as the owner hereof for the purpose of receiving payment and for all other purposes, and the Borrower will not be affected by any notice to the contrary.
Registered Note. This Note may be Transferred only upon notation of such Transfer on the Register, and no Transfer thereof shall be effective until recorded therein. Until there has been a valid Transfer of this Note and of all of the rights hereunder by the Holder in accordance with this Note, the Company shall deem and treat the Holder as the absolute beneficial owner and holder of this Note and of all of the rights hereunder for all purposes (including for the purpose of receiving all payments to be made under this Note).
Registered Note. The Company shall cause to be kept at its principal office a register for the registration and transfer of the Note (hereinafter called the "Note Register"), and the Company will register or transfer or cause to be registered or transferred, as hereinafter provided and under such reasonable regulations as it may prescribe, the Note issued pursuant to this Agreement. At any time and from time to time the registered holder of the Note may transfer such Note upon surrender thereof at the principal office of the Company duly endorsed or accompanied by a written instrument of transfer duly executed by the registered holder of such Note or its attorney duly authorized in writing. The Person in whose name the Note shall be registered shall be deemed and treated as the owner and holder thereof for all purposes of this Agreement. Payment of or on account of the principal and interest on the Note shall be made to or upon the written order of such registered holder.
Registered Note. Upon Lender's request, Borrower agrees to record the Loans on the Register referred to in Section 10.11 hereof. Loans recorded on the Register (the "Registered Loans") may not be evidenced by a promissory note other than Registered Notes (as defined below) and upon the registration of the Loans, any promissory note (other than a Registered Note) evidencing the same shall be null and void and shall be returned to Borrower. Borrower agrees, at the request of Lender, to execute and deliver to Lender a promissory note in registered form to evidence such Registered Loans (i.e., containing registered note language reasonably acceptable to Lender and in the form of Exhibit E hereto) and registered as provided in Section 10.11 (a "Registered Note"), dated the date hereof, payable to Lender and otherwise duly completed. Once recorded on the Register, Loans evidenced by such Promissory Note may not be removed from the Register so long as it remains outstanding, and a Registered Note may not be exchanged for a promissory note that is not a Registered Note.
Registered Note. The Company shall cause to be kept at its principal office the Note Register and the Company will register or transfer or cause to be registered or transferred as hereinafter provided the Note issued pursuant to this Agreement. The Company will serve as its own registrar for the Note. Subject to the restrictions on transferability of the Note pursuant to Section 7, upon surrender for registration of transfer of the Note at its principal place of business, the Company shall execute and deliver, in the name of the transferee or transferees, a new Note or Note for a like aggregate principal amount of authorized denominations. Note to be exchanged shall be surrendered at the principal place of business of the Company, which shall execute and shall deliver in exchange therefor the Note or Note that the Holder making the exchange shall be entitled to receive, bearing serial numbers not then outstanding. A Note presented for registration of transfer, exchange or payment shall, if so required by the Company, shall be duly endorsed by or be accompanied by a written instrument or instruments of transfer in form satisfactory to the Company, duly executed by the registered Holder or by the Holder's duly authorized attorney. Any exchange or registration of transfer shall be without charge, except that the Company may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto.
