Common use of Lost, Stolen or Mutilated Note Clause in Contracts

Lost, Stolen or Mutilated Note. Upon receipt by the Maker of evidence reasonably satisfactory to the Maker of the loss, theft, destruction or mutilation of this Note, and, in the case of loss, theft or destruction, of any indemnification undertaking by the Holder to the Maker in customary form and, in the case of mutilation, upon surrender and cancellation of this Note, the Maker shall execute and deliver to the Holder a new Note representing the outstanding Principal.

Lost, Stolen or Mutilated Note. Upon receipt by the Maker Makers of evidence reasonably satisfactory to the Maker Makers of the loss, theft, destruction or mutilation of this Note, and, in the case of loss, theft or destruction, of any indemnification undertaking by the Holder to the Maker Makers in customary form and, in the case of mutilation, upon surrender and cancellation of this Note, the Maker Makers shall execute and deliver to the Holder a new Note representing the outstanding Principal.. Hightimes Convertible Note – Sept 2018