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Common use of Transfers of Notes Clause in Contracts

Transfers of Notes. This Note may be transferred only upon its surrender to the Company for registration of transfer, duly endorsed, or accompanied by a duly executed written instrument of transfer in form satisfactory to the Company. Thereupon, this Note shall be reissued to, and registered in the name of, the transferee, or a new Note for like principal amount and interest shall be issued to, and registered in the name of, the transferee. Interest and principal shall be paid solely to the registered holder of this Note. Such payment shall constitute full discharge of the Company’s obligation to pay such interest and principal.

Appears in 23 contracts

Samples: Convertible Note Purchase Agreement (Real Messenger Corp), Convertible Note Purchase Agreement (Real Messenger Corp), Warrant Agreement (Urgent.ly Inc.)

Transfers of Notes. This Note may be transferred only upon its surrender to the Company for registration of transfer, duly endorsed, or accompanied by a duly executed written instrument of transfer in a form satisfactory to the Company. Thereupon, this Note shall be reissued to, and registered in the name of, the transferee, or a new Note for like principal amount and interest shall be issued to, and registered in the name of, the transferee. Interest and principal shall be paid solely to the registered holder of this Note. Such payment shall constitute full discharge of the Company’s obligation to pay such interest and principal.

Appears in 5 contracts

Samples: Convertible Promissory Note (CannAwake Corp), Convertible Promissory Note (CannAwake Corp), Convertible Promissory Note (CannAwake Corp)

Transfers of Notes. This Note may be transferred only upon its surrender to the Company for registration of transfer, duly endorsed, or accompanied by a duly executed written instrument of transfer in form satisfactory to the Company. Thereupon, this Note shall be reissued to, and registered in the name of, the transferee, or a new Note for like principal amount and interest shall be issued to, and registered in the name of, the transferee. Interest and principal shall be paid solely to the registered holder of this NoteNote (including any registered transferee). Such payment shall constitute full discharge of the Company’s 's obligation to pay such interest and principal.

Appears in 2 contracts

Samples: Senior Secured Bridge Promissory Note (Aclarion, Inc.), Senior Secured Bridge Promissory Note (Aclarion, Inc.)

Transfers of Notes. This Note may be transferred only upon its surrender to the Company for registration of transfer, duly endorsed, or accompanied by a duly executed written instrument of transfer in form satisfactory to the Company. Thereupon, this Note shall be reissued to, and registered in the name of, the transferee, or a new Note for like principal amount and interest shall be issued to, and registered in the name of, the transferee. Interest and principal Payments shall be paid made solely to the registered holder of this Note. Such payment shall constitute full discharge of the Company’s obligation to pay such interest and principalprincipal pursuant hereto.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (Real Messenger Corp), Convertible Promissory Note (Real Messenger Corp)

Transfers of Notes. This Note may be transferred only upon its surrender to the Company for registration of transfer, duly endorsed, or accompanied by a duly executed written instrument of transfer in form satisfactory to the Company. Thereupon, this Note shall be reissued to, and registered in the name of, the transferee, or a new Note for like principal amount and interest shall be issued to, and registered in the name of, the transferee. Interest and principal shall be paid solely to the registered holder of this Note. Such payment shall constitute full discharge of the Company’s obligation to pay such interest and principal. Notwithstanding, nothing in this Note shall be construed to prohibit the Holder from transferring this Note to a trust.

Appears in 1 contract

Samples: Convertible Promissory Note (AgEagle Aerial Systems Inc.)

Transfers of Notes. This Note may be transferred only upon its surrender to the Company for registration of transfer, duly endorsed, or accompanied by a duly executed written instrument of transfer in form satisfactory to the Company. Thereupon, subject to the restrictions set forth herein, this Note shall be reissued to, and registered in the name of, the transferee, or a new Note for like principal amount and interest shall be issued to, and registered in the name of, the transferee. Interest and principal shall be paid solely to the registered holder of this Note. Such payment shall constitute full discharge of the Company’s obligation to pay such interest and principal.

Appears in 1 contract

Samples: Convertible Promissory Note (HTG Molecular Diagnostics, Inc)

Transfers of Notes. This Note may be transferred only upon its surrender to the Company for registration of transfer, duly endorsed, or accompanied by a duly executed written instrument of transfer in form satisfactory to the Company. Thereupon, this Note shall be reissued to, and registered in the name of, the transferee, or a new Note for like principal amount and interest shall be issued to, and registered in the name of, the transferee. Interest and principal shall be paid solely to the registered holder of this Note. Such payment shall constitute full discharge of the Company’s 's obligation to pay such interest and principal.

Appears in 1 contract

Samples: Convertible Note Subscription Agreement

Transfers of Notes. This Note may be transferred only upon its surrender to the Company for registration of transfer, duly endorsed, or accompanied by a duly executed written instrument of transfer in form satisfactory to the Company. Thereupon, this Note shall be reissued to, and registered in the name of, the transferee, or a new Note for like principal amount and interest shall be issued to, and registered in the name of, the transferee. Interest and principal shall be paid solely to the registered holder of this Note. Such payment shall constitute full discharge of the Company’s obligation to pay such interest and principal. Notwithstanding the foregoing, the Holder and the Company agree and acknowledge that this Note shall not be transferable to a competitor of the Company (as determined in good faith by the Board).

Appears in 1 contract

Samples: Convertible Promissory Note (CNote Group, Inc.)

Transfers of Notes. This Note may be transferred only upon its surrender to the Company for registration of transfer, duly endorsed, or accompanied by a duly executed written instrument of transfer in form satisfactory to the Company. Thereupon, this Note shall be reissued to, and registered in the name of, the transferee, or a new Note for like principal amount and interest shall be issued to, and registered in the name of, the transferee. Interest and principal Principal shall be paid solely to the registered holder of this Note. Such payment shall constitute full discharge of the Company’s obligation to pay such interest and principalPrincipal.

Appears in 1 contract

Samples: Promissory Note (Blockchain Industries, Inc.)