Registered Obligation. This Note is intended to be a registered obligation within the meaning of Treasury Regulation Section 1.871-14(c)(1)(i) and the Borrowers (or its agent) shall register the Note (and thereafter shall maintain such registration) as to both principal and any stated interest. Notwithstanding any document, instrument or agreement relating to this Note to the contrary, transfer of this Note (or the right to any payments of principal or stated interest thereunder) may only be effected by (i) surrender of this Note and either the reissuance by the Borrowers of this Note to the new holder or the issuance by the Borrowers of a new instrument to the new holder, or (ii) transfer through a book entry system maintained by the Borrowers (or its agent), within the meaning of Treasury Regulation Section 1.871-14(c)(1)(i)(B). [Balance of page intentionally left blank; signature page follows.]
Appears in 3 contracts
Samples: Secured Term Note (Thomas Equipment, Inc.), Secured Term Note (Thomas Equipment, Inc.), Secured Term Note (Thomas Equipment, Inc.)
Registered Obligation. This Note is intended to be a registered obligation within the meaning of Treasury Regulation Section 1.871-14(c)(1)(i) and the Borrowers Company (or its agent) shall register the this Note (and thereafter shall maintain such registration) as to both principal and any stated interest. Notwithstanding any document, instrument or agreement relating to this Note to the contrary, transfer of this Note (or the right to any payments of principal or stated interest thereunder) may only be effected by (i) surrender of this Note and either the reissuance by the Borrowers Company of this Note to the new holder or the issuance by the Borrowers Company of a new instrument to the new holder, or (ii) transfer through a book entry system maintained by the Borrowers Company (or its agent), within the meaning of Treasury Regulation Section 1.871-14(c)(1)(i)(B). [Balance of page intentionally left blank; signature page follows.]
Appears in 2 contracts
Samples: Secured Convertible Term Note (Ams Health Sciences Inc), Secured Convertible Note (RG America, Inc.)
Registered Obligation. This Note is intended to be a registered ---------------------- obligation within the meaning of Treasury Regulation Section 1.871-14(c)(1)(i) and the Borrowers Company (or its agent) shall register the this Note (and thereafter shall maintain such registration) as to both principal and any stated interest. Notwithstanding any document, instrument or agreement relating to this Note to the contrary, transfer of this Note (or the right to any payments of principal or stated interest thereunder) may only be effected by (i) surrender of this Note and either the reissuance by the Borrowers Company of this Note to the new holder or the issuance by the Borrowers Company of a new instrument to the new holder, or (ii) transfer through a book entry system maintained by the Borrowers Company (or its agent), within the meaning of Treasury Regulation Section 1.871-14(c)(1)(i)(B). [Balance of page intentionally left blank; signature page follows.]
Appears in 2 contracts
Samples: Secured Term Note (Texhoma Energy Inc), Secured Term Note (Trinity Learning Corp)
Registered Obligation. This Note is intended to be a registered ---------------------- obligation within the meaning of Treasury Regulation Section 1.871-14(c)(1)(i) and the Borrowers Companies (or its agenttheir agents) shall register the this Note (and thereafter shall maintain such registration) as to both principal and any stated interest. Notwithstanding any document, instrument or agreement relating to this Note to the contrary, transfer of this Note (or the right to any payments of principal or stated interest thereunder) may only be effected by (i) surrender of this Note and either the reissuance by the Borrowers Companies of this Note to the new holder or the issuance by the Borrowers Companies of a new instrument to the new holder, or (ii) transfer through a book entry system maintained by the Borrowers Companies (or its agenttheir agents), within the meaning of Treasury Regulation Section 1.871-14(c)(1)(i)(B). [Balance of page intentionally left blank; signature page follows.]
Appears in 1 contract
Registered Obligation. This Note is intended to be a registered obligation within the meaning of Treasury Regulation Section 1.871-14(c)(1)(i) and the Borrowers Company (or its agent) shall register the Note (and thereafter shall maintain such registration) as to both principal and any stated interest. Notwithstanding Notwistanding any document, instrument or ro agreement relating to this Note to the contrary, transfer of this Note (or the right to any payments of principal or stated interest thereunder) may only be effected by (i) surrender of this Note and either the reissuance by the Borrowers Company of this Note to the new holder or the issuance by the Borrowers Company of a new instrument to the new holder, or (ii) transfer through a book entry system maintained by the Borrowers Company (or its agent), within the meaning of Treasury Regulation Section 1.871-14(c)(1)(i)(B). [Balance of page intentionally left blank; signature page follows.]] Secured Revolving Note 5
Appears in 1 contract
Samples: Secured Revolving Note (Xstream Beverage Network, Inc.)
Registered Obligation. This Note is intended to be a registered obligation within the meaning of Treasury Regulation Section 1.871-1.871- 14(c)(1)(i) and the Borrowers Company (or its agent) shall register the this Note (and thereafter shall maintain such registration) as to both principal and any stated interest. Notwithstanding any document, instrument or agreement relating to this Note to the contrary, transfer of this Note (or the right to any payments of principal or stated interest thereunder) may only be effected by (i) surrender of this Note and either the reissuance by the Borrowers Company of this Note to the new holder or the issuance by the Borrowers Company of a new instrument to the new holder, or (ii) transfer through a book entry system maintained by the Borrowers Company (or its agent), within the meaning of Treasury Regulation Section 1.871-14(c)(1)(i)(B). [Balance of page intentionally left blank; signature page follows.]
Appears in 1 contract