Common use of Surrender of Notes; Notation Thereon Clause in Contracts

Surrender of Notes; Notation Thereon. Upon any prepayment of a portion of the principal amount of this Note, the holder hereof, at its option, may require the Borrowers to execute and deliver at the expense of the Borrowers (except for taxes or governmental charges imposed in connection therewith), upon surrender of this Note, a new Note registered in the name of such person or persons as may be designated by such holder for the principal amount of this Note then remaining unpaid, dated as of the date to which interest has been paid on the principal amount of this Note then remaining unpaid, or may present this Note to the Borrowers for notation hereon of the payment of the portion of the principal amount of this Note so prepaid.

Appears in 6 contracts

Samples: Cerplex Group Inc/De, Cerplex Group Inc/De, Cerplex Group Inc/De

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Surrender of Notes; Notation Thereon. Upon any prepayment of a portion of the principal amount of this Note, the holder hereof, at its option, may require the Borrowers Company to execute and deliver at the expense of the Borrowers Company (except for taxes or governmental charges imposed in connection therewith), upon surrender of this Note, a new Note registered in the name of such person or persons as may be designated by such holder for the principal amount of this Note then remaining unpaid, dated as of the date to which interest has been paid on the principal amount of this Note then remaining unpaid, or may present this Note to the Borrowers Company for notation hereon of the payment of the portion of the principal amount of this Note so prepaid.

Appears in 4 contracts

Samples: Note (Alliance Data Systems Corp), Securities Purchase Agreement (Alliance Data Systems Corp), Securities Purchase Agreement (Alliance Data Systems Corp)

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Surrender of Notes; Notation Thereon. Upon any prepayment of a portion of the principal amount of this Note, the holder hereof, at its option, may require the Borrowers Company (subject to the provisions of the second sentence of Section 3) to execute and deliver at the expense of the Borrowers Company (except for taxes or governmental charges imposed in connection therewith), upon surrender of this Note, a new Note registered in the name of such person or persons as may be designated by such holder for the principal amount of this Note then remaining unpaid, dated as of the date to which interest has been paid on the principal amount of this Note then remaining unpaid, or may present this Note to the Borrowers Company for notation hereon of the payment of the portion of the principal amount of this Note so prepaid.

Appears in 1 contract

Samples: Note Purchase Agreement (Acreedo Health Inc)

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