Common use of Registered Holders Clause in Contracts

Registered Holders. The person in whose name this Debenture shall be registered shall be deemed and regarded as the owner and holder hereof for all purposes, and the payment to and/or receipt of any Holder for any Indebtedness shall be a good discharge of the Company for the same, and the Company shall not be bound to enter in the register notice of any trust or to enquire into the title of any Holder or to recognize any trust or equity affecting the title hereof save as ordered by some court of competent jurisdiction or as required by statute.

Appears in 8 contracts

Sources: Securities Purchase Agreement (SOL Strategies Inc.), Securities Purchase Agreement (SOL Strategies Inc.), Securities Purchase Agreement (SOL Strategies Inc.)

Registered Holders. The person in whose name this Debenture shall be registered shall be deemed and regarded as the owner and holder hereof for all purposes, and the payment to and/or receipt of any Holder for any Indebtedness Principal Amount or interest hereby secured shall be a good discharge of the Company Corporation for the same, and the Company Corporation shall not be bound to enter in the register notice of any trust or to enquire inquire into the title of any Holder or to recognize any trust or equity affecting the title hereof save as ordered by some court of competent jurisdiction or as required by statute.

Appears in 2 contracts

Sources: Convertible Debenture (Community West Bancshares /), Convertible Debenture (Community West Bancshares /)

Registered Holders. The Company may deem and treat the person in whose name this any Debenture is registered as the absolute owner and holder of such Debenture for the purpose of receiving payment of the principal of and interest on such Debenture and for the purpose of any notices, waivers or consents thereunder, whether or not such Debenture shall be registered shall be deemed and regarded as the owner and holder hereof for all purposes, and the payment to and/or receipt of any Holder for any Indebtedness shall be a good discharge of the Company for the sameoverdue, and the Company shall not be bound affected by notice to enter in the register notice of contrary. Payments with respect to any trust or Debenture shall be made only to enquire into the title of any registered Holder or to recognize any trust or equity affecting the title hereof save as ordered by some court of competent jurisdiction or as required by statutethereof.

Appears in 2 contracts

Sources: Secured Subordinated Debenture (VTX Electronics Corp), Senior Secured Subordinated Debenture (VTX Electronics Corp)

Registered Holders. The person in whose name this Debenture shall be registered shall be deemed and regarded as the owner and holder hereof for all purposes, and the payment to and/or receipt of any Holder for any Indebtedness Principal Sum or interest hereby secured shall be a good discharge of the Company Corporation for the same, and the Company Corporation shall not be bound to enter in the register notice of any trust or to enquire into the title of any Holder or to recognize any trust or equity affecting the title hereof save as ordered by some court of competent jurisdiction or as required by statute.

Appears in 1 contract

Sources: Subscription Agreement (Stevia First Corp.)