Common use of Replacement of Notes Clause in Contracts

Replacement of Notes. Upon receipt of evidence satisfactory to the Company of the loss, theft, destruction or mutilation of any Note and, if requested in the case of any such loss, theft or destruction, upon delivery of an indemnity bond or other agreement or security reasonably satisfactory to the Company, or, in the case of any such mutilation, upon surrender and cancellation of such Note, the Company will issue a new Note, of like tenor and amount and dated the date to which interest has been paid, in lieu of such lost, stolen, destroyed or mutilated Note; PROVIDED, HOWEVER, if any Note of which a Purchaser, its nominee, or any of its partners is the holder is lost, stolen or destroyed, the affidavit of an authorized partner or officer of the holder setting forth the circumstances with respect to such loss, theft or destruction shall be accepted as satisfactory evidence thereof, and no indemnification bond or other security shall be required as a condition to the execution and delivery by the Company of a new Note in replacement of such lost, stolen or destroyed Note other than the holder's written agreement to indemnify the Company.

Appears in 4 contracts

Samples: Senior Subordinated Note Purchase Agreement (Lionbridge Technologies Inc /De/), Lionbridge Technologies Inc /De/, Lionbridge Technologies Inc /De/

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Replacement of Notes. Upon receipt of evidence satisfactory to the Company of the loss, theft, destruction or mutilation of any Note and, if requested by the Company in the case of any such loss, theft or destruction, upon delivery of an indemnity bond or other agreement or security reasonably satisfactory to the Company, or, in the case of any such mutilation, upon surrender and cancellation of such Note, the Company will issue a new Note, of like tenor and amount and dated the date to which interest has been paid, in lieu of such lost, stolen, destroyed or mutilated Note; PROVIDEDprovided, HOWEVERhowever, if any Note of which a Purchaser, its nominee, or any of its partners is the holder is lost, stolen or destroyed, the affidavit of an authorized partner or officer of the holder setting forth the circumstances with respect to such loss, theft or destruction shall be accepted as satisfactory evidence thereof, and no indemnification bond or other security shall be required as a condition to the execution and delivery by the Company of a new Note in replacement of such lost, stolen or destroyed Note other than the holder's ’s written agreement to indemnify the Company.

Appears in 2 contracts

Samples: Subordination and Intercreditor Agreement (SoftBrands, Inc.), Securities Purchase Agreement (Oncure Medical Corp)

Replacement of Notes. Upon receipt of evidence satisfactory to the Company Borrower of the loss, theft, destruction or mutilation of any Note and, if requested in the case of any such loss, theft or destruction, upon delivery of an indemnity bond or other agreement or security reasonably satisfactory to the CompanyBorrower, or, in the case of any such mutilation, upon surrender and cancellation of such Note, the Company Borrower will issue a new Note, Note of like tenor and amount and dated the date to which interest has been paid, in lieu of such lost, stolen, destroyed or mutilated Note; PROVIDEDprovided, HOWEVERhowever, if any Note of which a PurchaserNoteholder, its nominee, or any of its partners is the holder is lost, stolen or destroyed, the affidavit of an authorized partner or officer of the holder setting forth the circumstances with respect to such loss, theft or destruction shall be accepted as satisfactory evidence thereof, and no indemnification bond or other security shall be required as a condition to the execution and delivery by the Company Borrower of a new Note in replacement of such lost, stolen or destroyed Note other than the holder's holders written agreement to indemnify the CompanyBorrower.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Alma Lasers Ltd.), Subordinated Note Purchase Agreement (Clayton Holdings Inc)

Replacement of Notes. Upon receipt of evidence satisfactory to the Company of the loss, theft, destruction or mutilation of a Note or any Note note issued in exchange therefor and, if requested in the case of any such loss, theft or destruction, upon delivery of an indemnity bond or other agreement or security reasonably satisfactory to the Company, or, in the case of any such mutilation, upon surrender and cancellation of such Notenote, the Company will issue a new Notenote, of like tenor and amount and dated the date to which interest has been paid, in lieu of such lost, stolen, destroyed or mutilated Notenote; PROVIDEDprovided, HOWEVERhowever, if any Note note of which a Purchaser, its nominee, or any of its partners or affiliates is the registered holder is lost, stolen or destroyed, the affidavit of an authorized partner or officer of the registered holder setting forth the circumstances with respect to such loss, theft or destruction shall be accepted as satisfactory evidence thereof, and no indemnification bond or other security shall be required as a condition to the execution and delivery by the Company of a new Note note in replacement of such lost, stolen or destroyed Note note other than the registered holder's written agreement to indemnify the Company.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Gigabeam Corp), Note and Warrant Purchase Agreement (Gigabeam Corp)

Replacement of Notes. Upon receipt of evidence satisfactory to the -------------------- Company of the loss, theft, destruction or mutilation of any Note and, if requested in the case of any such loss, theft or destruction, upon delivery of an indemnity bond or other agreement or security reasonably satisfactory to the Company, or, in the case of any such mutilation, upon surrender and cancellation of such Note, the Company will issue a new Note, of like tenor and amount and dated the date to which interest has been paid, in lieu of such lost, stolen, destroyed or mutilated Note; PROVIDEDprovided, HOWEVERhowever, if any Note of which a Purchaser, its nominee, or any of its partners is the holder is lost, stolen or destroyed, the affidavit of an authorized partner or officer of the holder setting forth the circumstances with respect to such loss, theft or destruction shall be accepted as satisfactory evidence thereof, and no indemnification bond or other security shall be required as a condition to the execution and delivery by the Company of a new Note in replacement of such lost, stolen or destroyed Note other than the holder's written agreement to indemnify the Company.

Appears in 1 contract

Samples: Loislaw Com Inc

Replacement of Notes. Upon receipt of evidence satisfactory to the Company of the loss, theft, destruction or mutilation of any Note and, if requested in the case of any such loss, theft or destruction, upon delivery of an indemnity bond or other agreement or security reasonably satisfactory to the Company, or, in the case of any such mutilation, upon surrender and cancellation of such Note, the Company Borrowers will issue a new Note, of like tenor and amount and dated the date to which interest has been paid, in lieu of such lost, stolen, destroyed or mutilated Note; PROVIDEDprovided, HOWEVERhowever, if any Note of which a Purchaser, its nominee, any of its partners or any of its partners Affiliates is the holder is lost, stolen or destroyed, the affidavit of an authorized partner or officer of the holder setting forth the circumstances with respect to such loss, theft or destruction shall be accepted as satisfactory evidence thereof, and no indemnification bond or other security shall be required as a condition to the execution and delivery by the Company Borrowers of a new Note in replacement of such lost, stolen or destroyed Note other than the holder's written agreement to indemnify the CompanyBorrowers.

Appears in 1 contract

Samples: Registration Rights Agreement (Odyssey Healthcare Inc)

Replacement of Notes. Upon receipt of evidence satisfactory to the Company Borrower of the loss, theft, destruction or mutilation of any Note and, if requested in the case of any such loss, theft or destruction, upon delivery of an indemnity bond or other agreement or security reasonably satisfactory to the CompanyBorrower, or, in the case of any such mutilation, upon surrender and cancellation of such Note, the Company Borrower will issue a new Note, Note of like tenor and amount and dated the date to which interest has been paid, in lieu of such lost, stolen, destroyed or mutilated Note; PROVIDED, HOWEVER, if any Note of which a PurchaserNoteholder, its nominee, or any of its partners is the holder is lost, stolen or destroyed, the affidavit of an authorized partner or officer of the holder setting forth the circumstances with respect to such loss, theft or destruction shall be accepted as satisfactory evidence thereof, and no indemnification bond or other security shall be required as a condition to the execution and delivery by the Company Borrower of a new Note in replacement of such lost, stolen or destroyed Note other than the holder's holders written agreement to indemnify the CompanyBorrower.

Appears in 1 contract

Samples: Purchase Agreement (Clayton Holdings Inc)

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Replacement of Notes. Upon receipt of evidence satisfactory to the Company of the loss, theft, destruction or mutilation of any Note and, if requested by the Company in the case of any such loss, theft or destruction, upon delivery of an indemnity bond or other agreement or security reasonably satisfactory to the Company, or, in the case of any such mutilation, upon surrender and cancellation of such Note, the Company will issue a new Note, of like tenor and amount and dated the date to which interest has been paid, in lieu of such lost, stolen, destroyed or mutilated Note; PROVIDEDprovided, HOWEVERhowever, if any Note of which a Purchaser, its nominee, or any of its partners is the holder is lost, stolen or destroyed, the affidavit of an authorized partner or officer of the holder setting forth the circumstances with respect to such loss, theft or destruction shall be accepted as satisfactory evidence thereof, and no indemnification bond or other security shall be required as a condition to the execution and delivery by the Company of a new Note in replacement of such lost, stolen or destroyed Note other than the holder's written agreement to indemnify the Company.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Ecollege Com)

Replacement of Notes. Upon receipt of evidence satisfactory to -------------------- the Company of the loss, theft, destruction or mutilation of any Note and, if requested in the case of any such loss, theft or destruction, upon delivery of an indemnity bond or other agreement or security reasonably satisfactory to the Company, or, in the case of any such mutilation, upon surrender and cancellation of such Note, the Company will issue a new Note, of like tenor and amount and dated the date to which interest has been paid, in lieu of such lost, stolen, destroyed or mutilated Note; PROVIDEDprovided, HOWEVERhowever, if any Note of which a -------- ------- Purchaser, its nominee, or any of its partners is the holder is lost, stolen or destroyed, the affidavit of an authorized partner or officer of the holder setting forth the circumstances with respect to such loss, theft or destruction shall be accepted as satisfactory evidence thereof, and no indemnification bond or other security shall be required as a condition to the execution and delivery by the Company of a new Note in replacement of such lost, stolen or destroyed Note other than the holder's written agreement to indemnify the Company.

Appears in 1 contract

Samples: Lionbridge Technologies Inc /De/

Replacement of Notes. Upon receipt of evidence satisfactory to the ---------------------- Company of the loss, theft, destruction or mutilation of any Note and, if requested in the case of any such loss, theft or destruction, upon delivery of an indemnity bond or other agreement or security reasonably satisfactory to the Company, or, in the case of any such mutilation, upon surrender and cancellation of such Note, the Company will issue a new Note, of like tenor and amount and dated the date to which interest has been paid, in lieu of such lost, stolen, destroyed or mutilated Note; PROVIDEDprovided, HOWEVERhowever, if any Note of which a Purchaseran Investor, its nominee, or any -------- ------- of its partners or affiliates is the registered holder is lost, stolen or destroyed, the affidavit of an authorized partner or officer of the registered holder setting forth the circumstances with respect to such loss, theft or destruction shall be accepted as satisfactory evidence thereof, and no indemnification bond or other security shall be required as a condition to the execution and delivery by the Company of a new Note in replacement of such lost, stolen or destroyed Note other than the ---------- registered holder's written agreement to indemnify the Company.

Appears in 1 contract

Samples: Corporation Note Purchase Agreement (Positron Corp)

Replacement of Notes. Upon receipt of evidence satisfactory to the Company Borrowers of the loss, theft, destruction or mutilation of any Note and, if requested in the case of any such loss, theft or destruction, upon delivery of an indemnity bond or other agreement or security reasonably satisfactory to the CompanyBorrowers, or, in the case of any such mutilation, upon surrender and cancellation of such Note, the Company Borrowers will issue a new Note, of like tenor and amount and dated the date to which interest has been paid, in lieu of such lost, stolen, destroyed or mutilated Note; PROVIDEDprovided, HOWEVERhowever, if any Note of which a PurchaserNoteholder, its nominee, or any of its partners is the holder is lost, stolen or destroyed, the affidavit of an authorized partner or officer of the holder setting forth the circumstances with respect to such loss, theft or destruction shall be accepted as satisfactory evidence thereof, and no indemnification bond or other security shall be required as a condition to the execution and delivery by the Company Borrowers of a new Note in replacement of such lost, stolen or destroyed Note other than the holder's holders written agreement to indemnify the Company.

Appears in 1 contract

Samples: Subordinated Note and Warrant Purchase Agreement (Allou Health & Beauty Care Inc)

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