Common use of Replacement Note Clause in Contracts

Replacement Note. Upon receipt of an affidavit of an officer of Lender as to the loss, theft, destruction or mutilation of this Note or any other Loan Document which is not of public record, and, in the case of any such mutilation, upon cancellation of this Note or other Loan Document, Obligors will issue, in lieu thereof, a replacement Note or other Loan Document in the same principal amount thereof and otherwise of like tenor.

Appears in 3 contracts

Samples: Term Note (Platinum Acquisition Corp), Term Note (Vermont Pure Holdings LTD/De), Vermont Pure Holdings LTD/De

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Replacement Note. Upon receipt of an appropriate and reasonably acceptable affidavit of an officer of Lender the affected Bank as to the loss, theft, destruction or mutilation of this any Note or of any other Loan Document which is not of public record, record and, in the case of any such mutilation, upon surrender and cancellation of this such Note or other Loan Document, Obligors the Borrower will issue, in lieu thereof, a replacement Note or other Loan Document in the same principal amount thereof (as to any Note) and otherwise in any event of like tenor.

Appears in 3 contracts

Samples: Credit Agreement (Elizabeth Arden Inc), Credit Agreement (Elizabeth Arden Inc), Credit Agreement (Elizabeth Arden Inc)

Replacement Note. Upon receipt of an affidavit of an officer of Lender as to the loss, theft, destruction or mutilation of this Note or any other Loan Document which is not of public record, and, in the case of any such mutilation, upon cancellation of this Note or other Loan Document, or in the case of any such loss, theft or destruction, upon an agreement by the holder thereof to indemnify Obligors for losses in connection therewith, Obligors will issue, in lieu thereof, a replacement Note or other Loan Document in the same principal amount thereof and otherwise of like tenor.

Appears in 3 contracts

Samples: Vermont Pure Holdings LTD/De, Vermont Pure Holdings LTD/De, Vermont Pure Holdings LTD/De

Replacement Note. Upon receipt of an affidavit of an officer of Lead Lender as to the loss, theft, destruction or mutilation of this the Note or any other Loan Document security document which is not of public record, and, in the case of any such loss, theft, destruction or mutilation, upon cancellation of this the Note or other Loan Documentsecurity document, Obligors the Borrower will issue, in lieu thereof, a replacement Note note or other Loan Document security document in the same principal amount thereof and otherwise of like tenor.. [Signatures appear on following page]

Appears in 2 contracts

Samples: Loan Agreement (Nedak Ethanol, LLC), Promissory Note (Nedak Ethanol, LLC)

Replacement Note. Upon receipt of an affidavit of an officer of Lender any Bank as to the loss, theft, destruction or mutilation of this a Note or any other Loan Document security document which is not of public record, and, in the case of any such loss, theft, destruction or mutilation, upon surrender and cancellation of this such Note or other Loan Documentsecurity document, Obligors the Borrower will issue, in lieu thereof, a replacement Note or other Loan Document security document in the same principal amount thereof and otherwise of like tenor.

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Suprema Specialties Inc), Guaranty and Security Agreement (Suprema Specialties Inc)

Replacement Note. Upon receipt of an affidavit of an officer of Lender Bank as to the loss, theft, destruction or mutilation of this any Note or any other Loan Document security document which is not of public record, and, and in the case of any such mutilation, upon surrender and cancellation of this such Note or other Loan Documentsecurity document, Obligors the applicable Borrower or Borrowers will issue, in lieu thereof, a replacement Note or other Loan Document security document in the same principal amount thereof and otherwise of like tenor.. Amended and Restated Loan Agreement Berkshire Bank/Ranor and Stadco

Appears in 1 contract

Samples: Loan Agreement (Techprecision Corp)

Replacement Note. Upon receipt of an appropriate and reasonably acceptable affidavit of an officer of Lender the Bank as to the loss, theft, destruction or mutilation of this the Note or of any other Loan Document which is not of public record, record and, in the case of any such mutilation, upon surrender and cancellation of this such Note or other Loan Document, Obligors the Borrower will issue, in lieu thereof, a replacement Note or other Loan Document in the same principal amount thereof (as to the Note) and otherwise in any event of like tenor.

Appears in 1 contract

Samples: Credit Agreement (Elizabeth Arden Inc)

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Replacement Note. Upon receipt of an affidavit of an officer of the Lender as to the loss, theft, destruction or mutilation of this the Term Note or of any other Loan Document which is not of public record, record and, in the case of any such mutilation, upon surrender and cancellation of this the Term Note or other Loan Document, Obligors the Borrower will issue, in lieu thereof, a replacement Term Note or other Loan Document in the same principal amount thereof (as to the Term Note) and otherwise in any event of like tenor.

Appears in 1 contract

Samples: Loan Agreement (MDRNA, Inc.)

Replacement Note. Upon receipt of (i) an affidavit of an officer of Lender the Bank as to the loss, theft, destruction or mutilation of this the Note or any other Loan Document which is not of public record, and (ii) an indemnity by the Bank in favor of the Borrower with respect to losses, claims or damage resulting therefrom and, in the case of any such loss, theft, destruction or mutilation, upon cancellation of this such Note or other Loan Document, Obligors the Borrower will issue, in lieu thereof, a replacement Note or other Loan Document in the same principal amount thereof and otherwise of like tenor.

Appears in 1 contract

Samples: Loan Agreement (Ipg Photonics Corp)

Replacement Note. Upon receipt of an affidavit of an officer of Lead Lender as to the loss, theft, destruction or mutilation of this the Note or any other Loan Document security document which is not of public record, and, and in the case of any such loss, theft, destruction or mutilation, upon cancellation of this the Note or other Loan Documentsecurity document, Obligors the Borrower will issue, in lieu thereof, a replacement Note note or other Loan Document security document in the same principal amount thereof and otherwise of like tenor.tenor [Signatures appear on following page] EXECUTION VERSION

Appears in 1 contract

Samples: Nedak Ethanol, LLC

Replacement Note. Upon receipt of an affidavit and indemnity of an officer of Lender as to the loss, theft, destruction or mutilation of this the Note or any other Loan Document security document which is not of public record, and, in the case of any such loss, theft, destruction or mutilation, upon cancellation of this such Note or other Loan Documentsecurity document, Obligors Borrower will issue, in lieu thereof, a replacement Note note or other Loan Document security document in the same principal amount thereof and otherwise of like tenor.

Appears in 1 contract

Samples: Loan and Security Agreement (Irobot Corp)

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