Common use of Replacement Note Clause in Contracts

Replacement Note. If this Note is mutilated and surrendered to Maker or if Holders claim and submit an affidavit or other evidence, satisfactory to Maker to the effect that this Note has been lost, destroyed or wrongfully taken, then Maker shall issue a replacement note.

Appears in 5 contracts

Sources: Securities Purchase Agreement (Lothian Oil Inc), Securities Purchase Agreement (United Heritage Corp), Securities Purchase Agreement (United Heritage Corp)