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

Surrender of Notes; Notation Thereon. Subject to the provisions of Section 13, the Company may, as a condition of payment of all or any part of the principal of, premium, if any, and interest on, any Note, require the holder to present such Note for notation of such payment and, if such Note be paid in full, require the surrender thereof.

Appears in 1 contract

Samples: Note Purchase Agreement (Sunsource Inc)

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Surrender of Notes; Notation Thereon. Subject to the provisions of Section 13, the Company may, as As a condition of to obtaining any payment of all or any part portion of the principal of, premium, if any, and interest on, any amount of this Note, the Corporation may require the holder hereof to present surrender this Note, and in such event the Corporation will execute and deliver at the expense of the Corporation, upon such surrender, a new Note for notation registered in the name of such payment andperson or persons as may be designated by such holder for the principal amount of this Note then remaining unpaid, if such dated as of the date to which interest has been paid on the principal amount of this Note be paid in full, require the surrender thereofthen remaining unpaid.

Appears in 1 contract

Samples: Securities Purchase Agreement (Savvis Communications Corp)

Surrender of Notes; Notation Thereon. Subject to the provisions of Section 13, the The Company may, as a condition of payment of all or any part of the principal of, premium, prepayment charge (if any, ) and interest on, any Note, require the holder of such Note to present such Note for notation of such payment and, if such Note is to be paid in full, require the surrender thereof.

Appears in 1 contract

Samples: Note Purchase Agreement (GenuTec Business Solutions, Inc.)

Surrender of Notes; Notation Thereon. Subject to the provisions Upon any redemption of Section 13, the Company may, as a condition of payment of all or any part portion of the principal ofamount of any Note, premiumthe Holder of such Note at its option may require the Company to make and deliver, at the expense of the Company (other than for transfer taxes, if any), and interest on, any upon surrender of such Note, require a new Note payable to such person or persons as may be designated by such Holder in the holder to principal amount of the surrendered Note then remaining unpaid, dated as of the Amendment Date, or may present such Note to the Company for notation thereon of such payment and, if such Note be paid in full, require the surrender thereofpartial payment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Stratagene Corp)

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Surrender of Notes; Notation Thereon. Subject to the provisions of Section 13, the The Company may, as a condition of payment Payment of all or any part of the principal of, premium, if any, and or interest on, any on this Note, require the holder to present such this Note for notation of such payment and, if such this Note be paid in full, require the surrender thereofhereof.

Appears in 1 contract

Samples: Note Purchase and Exchange Agreement (Millipore Corp)

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