Common use of Replacement Instruments Clause in Contracts

Replacement Instruments. Upon receipt of an affidavit and statement of indemnification of an officer of the Agent or any Bank as to the loss, theft, destruction or mutilation of any Revolving Credit Note or other Security Document, and, in the case of any such loss, theft, destruction or mutilation, upon cancellation of such Revolving Credit Note, the Borrower shall issue, in lieu thereof, a replacement Revolving Credit Note or Security Document, as the case may be, in the same principal amount thereof and otherwise of like tenor.

Replacement Instruments. Upon receipt of an affidavit and statement of indemnification of an officer of the Agent or any Bank as to the loss, theft, destruction or mutilation of any Revolving Credit Note or other Security DocumentNote, and, in the case of any such loss, theft, destruction or mutilation, upon cancellation of such Revolving Credit Note, the Borrower shall issue, in lieu thereof, a replacement Revolving Credit Note or Security Document, as the case may be, in the same principal amount thereof and otherwise of like tenor.

Replacement Instruments. Upon receipt of an affidavit of loss and statement of indemnification indemnity of an officer of the Agent or any Bank as to the loss, theft, destruction or mutilation of any Revolving Credit Note or other Security Documentin form and substance mutually satisfactory to the Bank and the Borrower, and, in the case of any such loss, theft, destruction or mutilation, upon cancellation of such Revolving Credit Note, the Borrower shall issue, in lieu thereof, a replacement Revolving Credit Note or Security Document, as the case may be, in the same principal amount thereof and otherwise of like tenor.

Replacement Instruments. Upon receipt of an affidavit and statement of indemnification of an officer ----------- ----------- of the Agent or any Bank as to the loss, theft, destruction or mutilation of any Revolving Credit Note or other Security Document, and, in the case of any such loss, theft, destruction or mutilation, upon cancellation of such Revolving Credit NoteNote or Security Document, as the case may be, the Borrower shall issue, in lieu thereof, a replacement Revolving Credit Note or Security Document, as the case may be, in the same principal amount thereof and otherwise of like tenortenor or, as the case may be, a replacement Security Document.