Common use of Exchange of Notes Clause in Contracts

Exchange of Notes. Upon receipt of a written notice of loss, theft, destruction or mutilation of any or all of the Notes and of a letter of indemnity from the affected Lender or its successors or assigns, and upon surrendering for cancellation such Notes if mutilated (in which event no indemnity shall be required), the Borrower shall execute and deliver a new Note or Notes of like tenor in lieu of such lost, stolen, destroyed or mutilated Notes, as the case may be.

Appears in 6 contracts

Samples: Credit Agreement (Vishay Precision Group, Inc.), Credit Agreement (Greatbatch, Inc.), Credit Agreement (Vishay Precision Group, Inc.)

AutoNDA by SimpleDocs

Exchange of Notes. Upon receipt of a written notice of loss, theft, destruction or mutilation of any or all of the Notes and (and, if requested by the Borrower, of a letter of indemnity from the affected Lender or its successors or assigns, ) and upon surrendering surrender for cancellation such Notes Note(s) if mutilated (in which event no indemnity shall be requiredrequested), the Borrower shall execute and deliver a new Note or Notes of like tenor in lieu of such lost, stolen, destroyed or mutilated Notes, as the case may beNote(s).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Specialty Products & Insulation Co), Revolving Credit and Term Loan Agreement (Adelphia Communications Corp)

Exchange of Notes. Upon receipt of a written notice of loss, theft, destruction or mutilation of any or all of the Notes a Note and of a letter of indemnity from the affected Lender or its successors or assigns, and upon surrendering for cancellation such Notes Note if mutilated (in which event no indemnity shall be required), the Borrower shall execute and deliver a new Note or Notes of like tenor in lieu of such lost, stolen, destroyed or mutilated NotesNote, as the case may be.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Dingley Press, Inc.), Revolving Credit Agreement (Sheridan Group Inc)

Exchange of Notes. Upon receipt of a written notice of certifying the loss, theft, destruction or mutilation of any or all of the Notes and of a letter of indemnity as to such loss, theft, destruction or mutilation, as the case may be, from the affected Lender or its successors or assigns, and upon surrendering for cancellation such Notes if mutilated (in which event no indemnity shall be required), the Borrower shall execute and deliver a new Note or Notes of like tenor in lieu of such lost, stolen, destroyed or mutilated Notes, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (New Enterprise Stone & Lime Co., Inc.), Credit Agreement (Gateway Trade Center Inc.)

Exchange of Notes. Upon receipt of a written notice of loss, theft, destruction or mutilation of any or all of the Notes and of a letter of indemnity from the affected Lender or its successors or assigns, and upon surrendering for cancellation such Notes if mutilated (in which event no indemnity shall be required), the U.S. Borrower or Canadian Borrower, as applicable, shall execute and deliver a new Note or Notes of like tenor in lieu of such lost, stolen, destroyed or mutilated Notes, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (Vishay Precision Group, Inc.), Credit Agreement (Vishay Precision Group, Inc.)

Exchange of Notes. Upon receipt of a written notice of loss, theft, destruction or mutilation of any or all of the Notes a Note and of a letter of indemnity from the affected Lender or its successors or assigns, and upon surrendering for cancellation such Notes Note if mutilated (in which event no indemnity shall be required), the each Borrower shall execute and deliver a new Note or Notes of like tenor in lieu of such lost, stolen, destroyed or mutilated NotesNote, as the case may be.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sl Industries Inc)

AutoNDA by SimpleDocs

Exchange of Notes. Upon Subject to receiving appropriate indemnity from Lender, Borrower will upon receipt of a written notice of loss, theft, destruction destruction, or mutilation of any or all of the Notes and of a letter of indemnity from the affected Lender or its successors or assignsNotes, and upon surrendering such Notes for cancellation such Notes if mutilated (in which event no indemnity shall be required)mutilated, the Borrower shall execute and deliver a new Note or Notes a Note of like tenor in lieu of such lost, stolen, destroyed destroyed, or mutilated Notes, as the case may be.Note. Any Notes issued pursuant to this Section 6.13 shall be dated so that neither gain nor loss of interest shall result therefrom. >

Appears in 1 contract

Samples: Credit Agreement (Red Robin Gourmet Burgers Inc)

Exchange of Notes. Upon receipt of a written notice of certifying the loss, theft, destruction or mutilation of any or all of the Notes and of a letter of indemnity as to such loss, theft, destruction or mutilation, as the case may be, from the affected Lender or its successors or assigns, and upon surrendering for cancellation such Notes if mutilated (in which event no indemnity shall be required), the Borrower shall execute and deliver a new Note or Notes of like tenor in lieu of such lost, stolen, destroyed or mutilated Notes, as the case may be.121

Appears in 1 contract

Samples: Credit Agreement (New Enterprise Stone & Lime Co., Inc.)

Exchange of Notes. Upon receipt of a written notice of loss, theft, destruction or mutilation of any or all of the Notes Note and of a letter of indemnity from the affected Lender or its successors or assigns, and upon surrendering for cancellation such Notes Note if mutilated (in which event no indemnity shall be required), the Borrower shall execute and deliver a new Note or Notes of like tenor in lieu of such lost, stolen, destroyed or mutilated NotesNote, as the case may be.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sheridan Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.