Common use of Surrender of Notes; Notation Thereon Clause in Contracts

Surrender of Notes; Notation Thereon. As a condition to obtaining any payment of all or any portion of the principal amount of this Note, the Corporation may require the holder hereof to surrender this Note, and in such event the Corporation will execute and deliver at the expense of the Corporation, upon such surrender, a new Note registered in the name of such person or persons as may be designated by such holder for the principal amount of this Note then remaining unpaid, dated as of the date to which interest has been paid on the principal amount of this Note then remaining unpaid.

Appears in 1 contract

Sources: Subordination Agreement (Savvis Communications Corp)

Surrender of Notes; Notation Thereon. As Subject to the provisions of Section 13, the Company may, as a condition to obtaining any of payment of all or any portion part of the principal amount of this of, premium, if any, and interest on, any Note, the Corporation may require the holder hereof to surrender this Note, and in present such event the Corporation will execute and deliver at the expense of the Corporation, upon such surrender, a new Note registered in the name for notation of such person or persons as may payment and, if such Note be designated by such holder for paid in full, require the principal amount of this Note then remaining unpaid, dated as of the date to which interest has been paid on the principal amount of this Note then remaining unpaidsurrender thereof.

Appears in 1 contract

Sources: Note Purchase Agreement (Sunsource Inc)

Surrender of Notes; Notation Thereon. As The Company may, as a condition to obtaining any of payment of all or any portion part of the principal amount of this of, prepayment charge (if any) and interest on, any Note, the Corporation may require the holder hereof to surrender this Note, and in such event the Corporation will execute and deliver at the expense of the Corporation, upon such surrender, a new Note registered in the name of such person or persons as may Note to present such Note for notation of such payment and, if such Note is to be designated by such holder for paid in full, require the principal amount of this Note then remaining unpaid, dated as of the date to which interest has been paid on the principal amount of this Note then remaining unpaidsurrender thereof.

Appears in 1 contract

Sources: Note Purchase Agreement (GenuTec Business Solutions, Inc.)

Surrender of Notes; Notation Thereon. As Upon any redemption of a condition to obtaining any payment of all or any portion of the principal amount of this any Note, the Corporation Holder of such Note at its option may require the holder hereof Company to surrender this Notemake and deliver, and in such event the Corporation will execute and deliver at the expense of the CorporationCompany (other than for transfer taxes, if any), upon surrender of such surrenderNote, a new Note registered in the name of payable to such person or persons as may be designated by such holder for Holder in the principal amount of this the surrendered Note then remaining unpaid, dated as of the date Amendment Date, or may present such Note to which interest has been paid on the principal amount Company for notation thereon of this Note then remaining unpaidthe partial payment.

Appears in 1 contract

Sources: Securities Purchase Agreement (Stratagene Corp)

Surrender of Notes; Notation Thereon. As The Company may, as a condition to obtaining any payment of Payment of all or any portion of the principal amount of of, premium, if any, or interest on this Note, the Corporation may require the holder hereof to surrender present this Note, and in such event the Corporation will execute and deliver at the expense of the Corporation, upon such surrender, a new Note registered in the name for notation of such person or persons as may be designated by such holder for the principal amount of payment and, if this Note then remaining unpaidbe paid in full, dated as of require the date to which interest has been paid on the principal amount of this Note then remaining unpaidsurrender hereof.

Appears in 1 contract

Sources: Note Purchase and Exchange Agreement (Millipore Corp)