Common use of Transfer of Note Clause in Contracts

Transfer of Note. Subject to the restrictions on transfer set forth herein and in the Securities Purchase Agreement, this Note and all rights hereunder are transferable, in whole or in part, at any time and from time to time. Any transfer shall be effected by the Holder in person or by duly authorized attorney by surrendering this Note, properly endorsed, at the agency or office of the Company referred to in Section 9(a). Each taker and holder of this Note, by taking or holding the same, consents and agrees that this Note, when endorsed, in blank, shall be deemed negotiable, and, when so endorsed the holder hereof may be treated by the Company and all other persons dealing with this Note as the absolute owner hereof for any purposes and as the person entitled to exercise the rights represented by this Note, or to the transfer hereof on the books of the Company, any notice to the contrary notwithstanding; but until such transfer on such books, the Company may treat the registered holder hereof as the owner hereof for all purposes.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Trident Telecom Partners LLC), Securities Purchase Agreement (Trident Telecom Partners LLC), Securities Purchase Agreement (Trident Telecom Partners LLC)

AutoNDA by SimpleDocs

Transfer of Note. Subject to the restrictions on transfer set forth herein and in the Securities Purchase Agreement, this Note and all rights hereunder are transferabletransferable by the Holder, in whole or in part, at any time and from time to time. Any transfer shall be effected by the Holder in person or by duly authorized attorney by surrendering this Note, properly endorsed, at the agency or office of the Company referred to in Section 9(a)Paragraph 10. 1. Each taker and holder of this Note, by taking or holding the same, consents and agrees that this Note, when endorsed, in blank, shall be deemed negotiable, and, when so endorsed the holder hereof may be treated by the Company and all other persons dealing with this Note as the absolute owner hereof for any purposes and as the person entitled to exercise the rights represented by this Note, or to the transfer hereof on the books of the Company, any notice to the contrary notwithstanding; but until such transfer on such books, the Company may treat the registered holder hereof as the owner hereof for all purposes.

Appears in 2 contracts

Samples: Senior Convertible Promissory Note (Celgene Corp /De/), Senior Convertible Promissory Note (Pharmion Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!