Common use of Replacement Note Clause in Contracts

Replacement Note. Upon receipt of an affidavit of an officer of any Bank as to the loss, theft, destruction or mutilation of a Note or any other 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 such Note or other security document, the Borrower will issue, in lieu thereof, a replacement Note or other security document in the same principal amount thereof and otherwise of like tenor.

Appears in 2 contracts

Sources: Revolving Loan, Guaranty and Security Agreement (Suprema Specialties Inc), Revolving Loan, Guaranty and Security Agreement (Suprema Specialties Inc)

Replacement Note. Upon receipt of an affidavit of an officer of any Bank Lead Lender as to the loss, theft, destruction or mutilation of a the Note or any other 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 such the Note or other security document, the Borrower will issue, in lieu thereof, a replacement Note note or other security document in the same principal amount thereof and otherwise of like tenor.

Appears in 2 contracts

Sources: Loan Agreement (E Energy Adams LLC), Promissory Note (Nedak Ethanol, LLC)

Replacement Note. Upon receipt of an affidavit and indemnity of an officer of any Bank Lender as to the loss, theft, destruction or mutilation of a the Note or any other 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 such Note or other security document, the Borrower will issue, in lieu thereof, a replacement Note note or other security document in the same principal amount thereof and otherwise of like tenor.

Appears in 1 contract

Sources: Loan and Security Agreement (Irobot Corp)

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

Appears in 1 contract

Sources: Loan Agreement (Techprecision Corp)

Replacement Note. Upon receipt of an affidavit of an officer of any Bank Lead Lender as to the loss, theft, destruction or mutilation of a the Note or any other 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 such the Note or other security document, the Borrower will issue, in lieu thereof, a replacement Note note or other security document in the same principal amount thereof and otherwise of like tenor.. [Signatures appear on following page]

Appears in 1 contract

Sources: Loan Agreement (Nedak Ethanol, LLC)

Replacement Note. Upon receipt of an affidavit of an officer of any Bank Lead Lender as to the loss, theft, destruction or mutilation of a the Note or any other 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 such the Note or other security document, the Borrower will issue, in lieu thereof, a replacement Note note or other security document in the same principal amount thereof and otherwise of like tenor.. CHIDMS1/2522835.12/NEDAK/▇▇▇▇▇▇▇▇▇▇▇ Taxable Tax Increment Revenue Loan Agreement

Appears in 1 contract

Sources: Loan Agreement (Nedak Ethanol, LLC)

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

Appears in 1 contract

Sources: Promissory Note (Nedak Ethanol, LLC)