Common use of Replacement of Note Clause in Contracts

Replacement of Note. Upon notice to Borrower of the loss, theft, destruction or mutilation of the Note, Borrower will execute and deliver, in lieu of the original Note, a replacement note, identical in form and substance to the Note and dated as of the Execution Date. Upon the execution and delivery of the replacement note, all references in any of the Loan Documents to the Note shall refer to the replacement note.

Appears in 9 contracts

Samples: Mortgage, Security Agreement and Fixture Filing (Strategic Hotels & Resorts, Inc), Mortgage, Security Agreement and Fixture Filing (Wells Real Estate Investment Trust Inc), Strategic Hotels & Resorts, Inc

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Replacement of Note. Upon receipt of notice to Borrower from Lender of the loss, theft, destruction or mutilation of the Note, Borrower will shall execute and deliver, in lieu of the original Notethereof, a replacement note, note identical in form and substance to the Note and dated as of the Execution Date. Upon date of the Note, and upon such execution and delivery of the replacement note, all references in any of the Loan Documents and the Environmental Indemnification Agreement, or in the loan documents and the environmental indemnification agreements for the Affiliate Loans, to the such Note so replaced shall be deemed to refer to the such replacement note.

Appears in 5 contracts

Samples: Loan Agreement (Hartman Short Term Income Properties XX, Inc.), Loan Agreement (Hartman Short Term Income Properties XX, Inc.), Loan Agreement (Hartman Short Term Income Properties XX, Inc.)

Replacement of Note. Upon notice to Borrower Trustor of the loss, theft, destruction or mutilation of the Note, Borrower Trustor will execute and deliver, in lieu of the original Note, a replacement note, identical in form and substance to the Note and dated as of the Execution Date. Upon the execution and delivery of the replacement note, all references in any of the Loan Documents to the Note shall refer to the replacement note.

Appears in 5 contracts

Samples: Security Agreement and Fixture Filing (Strategic Hotels & Resorts, Inc), Security Agreement and Fixture Filing (Strategic Hotels & Resorts, Inc), Security Agreement and Fixture Filing (Maguire Properties Inc)

Replacement of Note. Upon receipt of notice to Borrower from Lender of the loss, theft, destruction or mutilation of the Note, Borrower will shall execute and deliver, in lieu of the original Notethereof, a replacement note, note identical in form and substance to the Note and dated as of the Execution Date. Upon date of the Note, except that such replacement note shall state on its face that it is a replacement and upon such execution and delivery of the replacement note, all references in any of the Loan Documents and the Environmental Indemnification Agreement to the such Note so replaced shall be deemed to refer to the such replacement note.

Appears in 3 contracts

Samples: Loan Agreement (Summit Hotel Properties, Inc.), Loan Agreement by And (Summit Hotel OP, LP), Loan Agreement (Summit Hotel Properties LLC)

Replacement of Note. Upon notice to Borrower of the loss, theft, destruction or mutilation of the Note, Borrower will execute and deliver, in lieu of the original Note, a replacement note, identical in form and substance to the Note and dated as of the Execution Closing Date. Upon the execution and delivery of the replacement note, all references in any of the Loan Documents or the Environmental Indemnity to the Note shall refer to the replacement note.

Appears in 2 contracts

Samples: Loan Agreement (Inland Real Estate Income Trust, Inc.), Loan Agreement (Chesapeake Lodging Trust)

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Replacement of Note. Upon notice to Borrower of the loss, theft, destruction or mutilation of the Note, Borrower will execute and deliver, in lieu of the original Notethereof, a replacement note, identical in form and substance to the Note and dated as of the Execution Date. Upon date of the Note and upon such execution and delivery of the replacement note, all references in any of the Loan Documents to the Note shall be deemed to refer to the such replacement note.

Appears in 1 contract

Samples: Mortgage, Security Agreement (Green Plains Inc.)

Replacement of Note. Upon notice to Borrower In the event of the loss, theft, destruction destruction, total or partial obliteration, mutilation or inappropriate cancellation of the Note, or the placement of any inappropriate marking upon the Note, Borrower will execute and deliver, in lieu of the original Notethereof, a replacement noteNote, identical in form and substance to the Note and dated as of the Execution Date. Upon date of the Note and upon such execution and delivery of the replacement note, all references in any of the Loan Documents this Instrument to the Note shall be deemed to refer to the such replacement noteNote.

Appears in 1 contract

Samples: Sales Contract (Xponential Inc)

Replacement of Note. Upon receipt of notice to Borrower from Lender of the loss, theft, destruction or mutilation of the Note, Borrower will shall execute and deliver, in lieu of the original Notethereof, a replacement note, note identical in form and substance to the Note and dated as of the Execution Date. Upon date of the Note, except that such replacement note shall state on its face that it is a replacement and upon such execution and delivery of the replacement note, all references in any of the Loan Documents and the Environmental Indemnification Agreement to the such Note so replaced shall be deemed to refer to the such replacement note.. SECTION 5.11

Appears in 1 contract

Samples: Loan Agreement

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