Common use of Replacement of Promissory Note Clause in Contracts

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.

Replacement of Promissory Note. Upon receipt of an affidavit of an officer of Bank Payee as to the loss, theft, destruction or mutilation of the this 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 Maker will issue, issue in lieu thereof, a replacement note or other security document in the same principal amount thereof and otherwise of like tenor.

Replacement of Promissory Note. Upon receipt of an affidavit of an any officer of Bank 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 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.

Replacement of Promissory Note. Upon receipt of an affidavit of an officer of Bank the Lender as to the loss, theft, destruction or mutilation of the Promissory Note or any other security document which is not of public recordLoan Document, and, in the case of any such loss, theft, destruction or mutilation, upon cancellation of such the Promissory Note or other security documentLoan Document, Borrower the Companies will issue, in lieu thereof, a replacement note Promissory Note or other security document Loan Document in the same principal amount thereof and otherwise of like tenor.

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. This Mortgage is made upon the Statutory Condition.

Replacement of Promissory Note. Upon receipt of an affidavit of an officer of Bank Payee as to the loss, theft, destruction or mutilation of the this Note or any other security document which is not of public recordTransaction Documents, and, in the case of any such loss, theft, destruction or mutilation, upon cancellation of such Note or other security document, Borrower Maker will issue, issue in lieu thereof, a replacement note or other security document in the same principal amount thereof and otherwise of like tenor.