Common use of Replacement of Note Clause in Contracts

Replacement of Note. If the Lender of record loses this Note, the Company shall issue an identical replacement Note to the Lender upon the Lender’s delivery to the Company of an executed lost note affidavit stating the facts surrounding such loss of this Note and an executed indemnity agreement indemnifying and holding harmless the Company against any losses incurred or liabilities suffered by the Company or claims against the Company by any other holders or transferees of this Note related to or from the issuance of the replacement Note by the Company, which lost note affidavit and indemnity agreement shall be in a form reasonably satisfactory to the Company.

Appears in 42 contracts

Samples: Note Purchase Agreement (Marpai, Inc.), Note Purchase Agreement (Marpai, Inc.), Note Purchase Agreement (Marpai, Inc.)

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