Replacement of Promissory Note Sample Clauses

Replacement of Promissory Note. Upon receipt of an affidavit of an officer of Bank as to the loss, theft, destruction or mutilation of the Note or any other security document which is not of public record, and, in the case of any such loss, theft, destruction or mutilation, upon cancellation of such Note or other security document, Borrower will issue, in lieu thereof, a replacement note or other security document in the same principal amount thereof and otherwise of like tenor.
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Replacement of Promissory Note. Upon receipt of an affidavit of an officer of Lender as to the loss, theft, destruction or mutilation of this Note or any other Security Document(s) that is not of public record and, in the case of any such destruction or mutilation, upon surrender and cancellation of this Note or other Security Document(s), Borrower will issue, in lieu thereof, a replacement note or other Security Document(s) in the same principal amount thereof and otherwise of like tenor; provided that Xxxxxx executes and delivers to Borrower an agreement reasonably satisfactory to Borrower that indemnifies Borrower and Guarantor for any damages, loss or expenses incurred by Borrower and/or Guarantor in connection with the Note being replaced.
Replacement of Promissory Note. 23 ARTICLE V COVENANTS OF THE COMPANY
Replacement of Promissory Note. 77 13.12 Counterparts...................................................................................77 13.13 Assignments....................................................................................77 13.14 Participants...................................................................................78 13.15 Currency.......................................................................................78 13.16 Rate of Interest for Canadian Companies........................................................79 13.17
Replacement of Promissory Note. Upon receipt of an affidavit of an officer of the Administrative Agent or a Lender, as applicable, as to the loss, theft, destruction or mutilation of a Promissory Note or any other Loan Document, and, in the case of any such loss, theft, destruction or mutilation, upon cancellation of such Promissory Note or other Loan Document, the Companies will issue, in lieu thereof, a replacement Promissory Note or other Loan Document in the same principal amount thereof and otherwise of like tenor. In addition, if any Lender shall so request, the Companies shall execute and deliver to such Lender, through the Administrative Agent, Promissory Notes evidencing such Lender's share of the Term Loans and, in substitution for the Promissory Notes previously delivered to the Administrative Agent evidencing the Term Loans, shall execute and deliver to the Administrative Agent new Promissory Notes evidencing the portions thereof not evidenced by separate Promissory Notes delivered to evidence any individual Lender's share of the Term Loans.
Replacement of Promissory Note. On or prior to six (6) months after the Closing Date, the Shareholders shall repay the promissory note issued in favor of the Company from Silver Stone Properties, LLC in connection with the sale of the Real Property. 33 28 ARTICLE V
Replacement of Promissory Note. Upon receipt of (a) an affidavit of an officer of Lender as to the loss, theft, destruction or mutilation of the Note or any other security document which is not of public record, and, in the case of any such loss, theft, destruction or mutilation, upon cancellation or deemed cancellation of such Note or such other security document and (b) a customary agreement of indemnification from Lender with respect to potential liabilities with respect to the replacement thereof of such Note, Borrower shall promptly issue in lieu thereof a replacement note or other security document in the same principal amount and otherwise of like tenor.
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Related to Replacement of Promissory Note

  • Replacement of Note 2.1 In the event that this Note is mutilated, destroyed, lost or stolen, Payor shall, at its sole expense, execute, register and deliver a new Note, in exchange and substitution for this Note, if mutilated, or in lieu of and substitution for this Note, if destroyed, lost or stolen. In the case of destruction, loss or theft, Payee shall furnish to Payor indemnity reasonably satisfactory to Payor, and in any such case, and in the case of mutilation, Payee shall also furnish to Payor evidence to its reasonable satisfaction of the mutilation, destruction, loss or theft of this Note and of the ownership thereof. Any replacement Note so issued shall be in the same outstanding principal amount as this Note and dated the date to which interest shall have been paid on this Note or, if no interest shall have yet been paid, dated the date of this Note.

  • Amendments to the Loan and Security Agreement (a) The Loan and Security Agreement shall be amended as follows effective as of the Amendment Effective Date:

  • Promissory Note The Promissory Note as set forth in Section 2;

  • Loan Agreement This Agreement duly executed by Borrower and Lender.

  • Term Loan Agreement An Event of Default (as defined in the Term Loan Agreement) shall occur.

  • Modifications to Loan Agreement 1. The Loan Agreement shall be amended by deleting the following definition appearing in Section 1.1 thereof:

  • Loan Agreements Notwithstanding any term hereof (or any term of the UCC that might otherwise be construed to be applicable to a “securities intermediary” as defined in the UCC) to the contrary, none of the Collateral Agent, the Collateral Custodian nor any securities intermediary shall be under any duty or obligation in connection with the acquisition by the Borrower, or the grant by the Borrower to the Collateral Agent, of any Loan Asset in the nature of a loan or a participation in a loan to examine or evaluate the sufficiency of the documents or instruments delivered to it by or on behalf of the Borrower under the related Loan Agreements, or otherwise to examine the Loan Agreements, in order to determine or compel compliance with any applicable requirements of or restrictions on transfer (including without limitation any necessary consents). The Collateral Custodian shall hold any Instrument delivered to it evidencing any Loan Asset granted to the Collateral Agent hereunder as custodial agent for the Collateral Agent in accordance with the terms of this Agreement.

  • Promissory Notes Any Lender may request that Loans made by it be evidenced by a promissory note. In such event, the Borrower shall prepare, execute and deliver to such Lender a promissory note payable to such Lender (or, if requested by such Lender, to such Lender and its permitted registered assigns) and in a form attached hereto as Exhibit C. Thereafter, the Loans evidenced by such promissory note and interest thereon shall at all times (including after assignment pursuant to Section 9.04) be represented by one or more promissory notes in such form payable to the payee named therein (or, if such promissory note is a registered note, to such payee and its permitted registered assigns).

  • of the Loan Agreement Section 1.1 of the Loan Agreement is hereby amended as follows:

  • Replacement of Notes Upon receipt by the Company at the address and to the attention of the designated officer (all as specified in Section 18(iii)) of evidence reasonably satisfactory to it of the ownership of and the loss, theft, destruction or mutilation of any Note (which evidence shall be, in the case of an Institutional Investor, notice from such Institutional Investor of such ownership and such loss, theft, destruction or mutilation), and

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