Common use of Transfer; Exchange Clause in Contracts

Transfer; Exchange. The Senior Subordinated Securities are issuable only in registered form without coupons in minimum denominations of $1,000.00 and integral multiples of $1,000.00 in excess thereof. As provided in the Agreement, this Senior Subordinated Security is transferable by the Holder hereof on the Senior Note Register maintained by the Company or its agent, upon surrender of this Senior Subordinated Security for registration of transfer at the office or agency of the Company or its agent, accompanied by a written instrument or instruments of transfer in form satisfactory to the Company duly executed by the Holder hereof or his or her attorney duly authorized in writing, and thereupon one or more new Senior Subordinated Securities of authorized denominations and for the same aggregate principal amount will be issued to the designated transferee or transferees. No service charge will be made for any such registration of transfer, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in relation thereto. Prior to due presentment for registration of transfer of this Senior Subordinated Security, the Company and any agent thereof may deem and treat the Holder hereof as the absolute owner hereof (whether or not this Senior Subordinated Security shall be overdue and notwithstanding any notice of ownership or writing hereon made) for the purpose of receiving payment of or on account of the principal hereof and (subject to the Agreement) interest due hereon and for all other purposes, and none of the Company or any agent thereof shall be affected by any notice to the contrary.

Appears in 14 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement, Securities Purchase Agreement

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Transfer; Exchange. The CDCI Senior Subordinated Securities are issuable only in registered form without coupons in minimum denominations of $1,000.00 and integral multiples of $1,000.00 in excess thereof. As provided in the Agreement, this CDCI Senior Subordinated Security is transferable by the Holder hereof on the CDCI Senior Note Subordinated Securities Register maintained by the Company or its agent, upon surrender of this CDCI Senior Subordinated Security for registration of transfer at the office or agency of the Company or its agent, accompanied by a written instrument or instruments of transfer in form satisfactory to the Company duly executed by the Holder hereof or his or her attorney duly authorized in writing, and thereupon one or more new CDCI Senior Subordinated Securities of authorized denominations and for the same aggregate principal amount will be issued to the designated transferee or transferees. No service charge will be made for any such registration of transfer, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in relation thereto. Prior to due presentment for registration of transfer of this CDCI Senior Subordinated Security, the Company and any agent thereof may deem and treat the Holder hereof as the absolute owner hereof (whether or not this CDCI Senior Subordinated Security shall be overdue and notwithstanding any notice of ownership or writing hereon made) for the purpose of receiving payment of or on account of the principal hereof and (subject to the Agreement) interest due hereon and for all other purposes, and none of the Company or any agent thereof shall be affected by any notice to the contrary.

Appears in 2 contracts

Samples: Exchange Agreement, Exchange Agreement

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Transfer; Exchange. The Senior Subordinated Securities Notes of this series are issuable only in registered form without coupons in minimum denominations of $1,000.00 1,000 and integral multiples of $1,000.00 1,000 in excess thereof. As provided in the AgreementIndenture, this Senior Subordinated Security Note is transferable by the Holder holder hereof on the Senior Note Register maintained by of the Company or its agentCorporation, upon surrender of this Senior Subordinated Security Note for registration of transfer at the office or agency of the Company Corporation in New York, New York or its agent___________, __________ accompanied by a written instrument or instruments of transfer in form satisfactory to the Company Corporation or the Trustee duly executed by the Holder holder hereof or his or her attorney duly authorized in writing, and thereupon one or more new Senior Subordinated Securities Notes of this series of authorized denominations and for the same aggregate principal amount will be issued to the designated transferee or transferees. No service charge will be made for any such registration of transfer, but the Company Corporation may require payment of a sum sufficient to cover any tax or other governmental charge payable in relation thereto. Prior to due presentment for registration of transfer of this Senior Subordinated SecurityNote, the Company Corporation, the Trustee, any authenticating agent, any paying agent, any transfer agent and any agent thereof security registrar may deem and treat the Holder holder hereof as the absolute owner hereof (whether or not this Senior Subordinated Security Note shall be overdue and notwithstanding any notice of ownership or writing hereon mademade by anyone other than the security registrar for the Notes of this series) for the purpose of receiving payment of or on account of the principal hereof and (subject to the AgreementIndenture) interest due hereon and for all other purposes, and none of the Company Corporation, the Trustee, any authenticating agent, any paying agent, any transfer agent or any agent thereof security registrar shall be affected by any notice to the contrary.

Appears in 1 contract

Samples: Indenture (State Bancorp Inc)

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