Common use of Replacement of Note Clause in Contracts

Replacement of Note. Upon receipt of evidence reasonably satisfactory to Borrower of the loss, theft, destruction or mutilation of the Note, and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to Borrower or, in the case of any such mutilation, upon surrender and cancellation of the Note, Borrower will execute and deliver, in lieu thereof, a replacement Note, identical in form and substance to the Note and dated as of the date of the Note and upon such execution and delivery all references in this Deed to the Note shall be deemed to refer to such replacement Note.

Appears in 3 contracts

Samples: Deed to Secure Debt and Security Agreement (Adcare Health Systems Inc), Deed to Secure Debt and Security Agreement (Adcare Health Systems Inc), Deed to Secure Debt and Security Agreement (Adcare Health Systems Inc)

AutoNDA by SimpleDocs

Replacement of Note. Upon receipt of evidence reasonably satisfactory to Borrower Obligor of the loss, theft, destruction or mutilation of the NoteNote (or any of them), and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to Borrower Obligor or, in the case of any such mutilation, upon surrender and cancellation of the Note, Borrower Obligor will execute and deliver, in lieu thereof, a replacement Note, identical in form and substance to the such Note and dated as of the date of the such Note and upon such execution and delivery all references in this Deed Instrument to the such Note shall be deemed to refer to such replacement Note.

Appears in 2 contracts

Samples: Mortgage, Security Agreement and Fixture Financing Statement (Crown Crafts Inc), Term Loan Credit Agreement (JDN Realty Corp)

Replacement of Note. Upon receipt of evidence reasonably satisfactory to Borrower of the loss, theft, destruction or mutilation of the Note, and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to Borrower or, in the case of any such mutilation, upon surrender and cancellation of the Note, Borrower at Lender's expense will execute and deliver, in lieu thereof, a replacement Notenote, identical in form and substance to the such Note and dated as of the date of the Note such Note, and upon such execution and delivery all references in this Deed Mortgage to the Note shall be deemed to refer to such replacement Notenote.

Appears in 2 contracts

Samples: Mortgage, Security Agreement and Fixture Filing (Balanced Care Corp), Mortgage, Security Agreement and Fixture Filing (Balanced Care Corp)

Replacement of Note. Upon receipt of evidence reasonably satisfactory to Borrower Trustor of the loss, theft, destruction or mutilation of the Note, and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to Borrower Trustor or, in the case of any such mutilation, upon surrender and cancellation of the Note, Borrower Trustor will execute and deliver, in lieu thereof, a replacement Note, identical in form and substance to the Note and dated as of the date of the Note and upon such execution and delivery all references in this Deed of Trust to the Note shall be deemed to refer to such replacement Note.

Appears in 1 contract

Samples: Leasehold Deed of Trust, Security Agreement, Assignment of Rents and Leases and Fixture Filing (Highland Hospitality Corp)

Replacement of Note. Upon On receipt of evidence reasonably satisfactory to Borrower of the loss, theft, destruction destruction, or mutilation of the Note, this Note and (i) in the case of any such loss, theft theft, or destruction, upon on delivery of an indemnity agreement reasonably satisfactory in form and substance to Borrower or, or (ii) in the case of any such mutilation, upon on surrender and cancellation of the this Note, Borrower will shall execute and deliver, in lieu thereofof this Note, a replacement Note, identical in form new promissory note of like tenor and substance to the Note and dated as of the date of the Note and upon such execution and delivery all references in this Deed to the Note shall be deemed to refer to such replacement Noteamount.

Appears in 1 contract

Samples: Promissory Note (Lapham Reg Alexander)

Replacement of Note. Upon receipt of evidence reasonably satisfactory to Borrower Mortgagor of the loss, theft, destruction or mutilation of the Note, and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to Borrower Mortgagor or, in the case of any such mutilation, upon surrender and cancellation of the Note, Borrower Mortgagor will execute and deliver, in lieu thereof, a replacement Note, identical in form and substance to the Note and dated as of the date of the Note and upon such execution and delivery all references in this Deed Mortgage to the Note shall be deemed to refer to such replacement Note.

Appears in 1 contract

Samples: Mortgage, Security Agreement, Assignment of Rents and Leases and Fixture Filing (Highland Hospitality Corp)

Replacement of Note. Upon receipt of evidence reasonably satisfactory to Borrower Grantor of the loss, theft, destruction or mutilation of the Note, and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to Borrower Grantor or, in the case of any such mutilation, upon surrender and cancellation of the Note, Borrower Grantor will execute and deliver, in lieu thereof, a replacement Note, identical in form and substance to the Note and dated as of the date of the Note and upon such execution and delivery all references in this Deed to the Note shall be deemed to refer to such replacement Note.

Appears in 1 contract

Samples: Deed to Secure Debt and Security Agreement (Century Properties Fund Xix)

Replacement of Note. Upon receipt of evidence reasonably satisfactory to Borrower Mortgagors of the loss, theft, destruction or mutilation of the Note, and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to Borrower Mortgagors or, in the case of any such mutilation, upon surrender and cancellation of the Note, Borrower Mortgagors will execute and deliver, in lieu thereof, a replacement Notenote, identical in form and substance to the Note and dated as of the date of the Note and upon such execution and delivery all references in this Deed Mortgage to the Note shall be deemed to refer to such replacement Notenote.

Appears in 1 contract

Samples: Mortgage, Security Agreement and Fixture Filing (Beacon Properties Corp)

Replacement of Note. Upon receipt of evidence reasonably satisfactory to Borrower of the loss, theft, destruction or mutilation of the Note, and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to Borrower or, in the case of any such mutilation, upon surrender and cancellation of the Note, Borrower will execute and deliver, in lieu thereof, a replacement Note, identical in form and substance to the Note and dated as of the date of the Note and upon such execution and delivery all references in this Deed of Trust to the Note shall be deemed to refer to such replacement Note.

Appears in 1 contract

Samples: Deed of Trust, Assignment of Rents and Security Agreement (Griffin Industrial Realty, Inc.)

AutoNDA by SimpleDocs

Replacement of Note. Upon receipt of evidence reasonably satisfactory to Borrower Mortgagor of the loss, theft, destruction or mutilation of the Note, and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to Borrower Mortgagor or, in the case of any such mutilation, upon surrender and cancellation of the such Note, Borrower Mortgagor at Mortgagee's expense will execute and deliver, in lieu thereof, a replacement Notenote, identical in form and substance to the such Note and dated as of the date of the Note such Note, and upon such execution and delivery all references in this Deed Mortgage to the Note shall be deemed to include and refer to such replacement Notenote.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Emeritus Corp\wa\)

Replacement of Note. Upon receipt of evidence reasonably satisfactory to Borrower of the loss, theft, destruction or mutilation of the Note, and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to Borrower or, in the case of any such mutilation, upon surrender and cancellation of the Note, Borrower will execute and deliver, in lieu thereof, a replacement Note, identical in form and substance to the Note and dated as of the date of the Note and upon such execution and delivery all references in this Deed Mortgage to the Note shall be deemed to refer to such replacement Note.

Appears in 1 contract

Samples: Mortgage, Assignment of Rents and Security Agreement (Griffin Industrial Realty, Inc.)

Replacement of Note. Upon receipt of evidence reasonably satisfactory ------------------- to Borrower Mortgagor of the loss, theft, destruction or mutilation of the Note, and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to Borrower Mortgagor or, in the case of any such mutilation, upon surrender and cancellation of the Note, Borrower Mortgagor will execute and deliver, in lieu thereof, a replacement Note, identical in form and substance to the Note and dated as of the date of the Note and upon such execution and delivery all references in this Deed Mortgage to the Note shall be deemed to refer to such replacement Note.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Hanover Marriott Limited Partnership)

Replacement of Note. Upon receipt of evidence reasonably satisfactory to Borrower Mortgagor of the loss, theft, destruction or mutilation of the Note, and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory to Borrower Mortgagor or, in the case of any such mutilation, upon surrender and cancellation of the Note, Borrower Mortgagor will execute and deliver, in lieu thereof, a replacement Notenote, identical in form and substance to the Note and dated as of the date of the Note and upon such execution and delivery all references in this Deed Mortgage to the Note shall be deemed to refer to such replacement Notenote.

Appears in 1 contract

Samples: Mortgage, Security Agreement and Fixture Filing (Beacon Properties Corp)

Replacement of Note. Upon receipt of evidence reasonably satisfactory to Borrower of the loss, theft, destruction or mutilation of the Note, and in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement agreement, reasonably satisfactory to Borrower or, or in the case of any such mutilation, upon surrender and cancellation of the Note, Borrower will execute and deliver, in lieu thereof, a replacement Note, identical in form and substance to the Note and dated as of the date of the Note and upon such execution and delivery all references in this Deed to the Note shall be deemed to refer to such replacement Note.

Appears in 1 contract

Samples: Deed to Secure Debt and Security Agreement (Roberts Realty Investors Inc)

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