Common use of Reliance on Debenture Register Clause in Contracts

Reliance on Debenture Register. Prior to due presentment for transfer to Borrower of this Debenture, Borrower and any agent of Borrower may treat the Person in whose name this Debenture is duly registered on the Debenture Register as the owner hereof for the purpose of receiving payment as herein provided and for all other purposes, whether or not this Debenture is overdue, and neither Borrower nor any such agent shall be affected by notice to the contrary.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Western Magnesium Corp.), Securities Purchase Agreement (Western Magnesium Corp.), Securities Purchase Agreement (Western Magnesium Corp.)

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Reliance on Debenture Register. Prior to due presentment to the Borrowers for transfer to Borrower of this Debenture, Borrower the Borrowers and any agent of Borrower the Borrowers may treat the Person in whose name this Debenture is duly registered on the Debenture Register as the owner hereof for the purpose of receiving payment as herein provided and for all other purposes, whether or not this Debenture is overdue, and neither Borrower the Borrowers nor any such agent shall be affected by notice to the contrary.

Appears in 3 contracts

Samples: Able Energy Inc, Able Energy Inc, Able Energy Inc

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