Common use of Transfer of Notes Clause in Contracts

Transfer of Notes. Subject to Section 9.02 hereof, a Holder may transfer such Note to a new Holder, or may exchange such Note for Notes of different denominations, by surrendering such Note to the Company duly endorsed for transfer or accompanied by a duly executed instrument of transfer naming the new Holder (or the current Holder if submitted for exchange only), together with written instructions for the issuance of one or more new Notes specifying the respective principal amounts of each new Note and the name of each new Holder and each address therefor. The Company shall simultaneously deliver to such Holder or its designee such new Notes and shall xxxx the surrendered Notes as canceled. In lieu of the foregoing procedures, a Holder may assign a Note (in whole but not in part) to a new Holder by sending written notice to the Company of such assignment specifying the new Holder’s name and address; in such case, the Company shall promptly acknowledge such assignment in writing to both the old and new Holder. The Company shall not be required to recognize any subsequent Holder of a Note unless and until the Company has received reasonable assurance that all applicable transfer taxes have been paid.

Appears in 5 contracts

Samples: Securities Purchase Agreement (AGA Medical Holdings, Inc.), Securities Purchase Agreement (AGA Medical Holdings, Inc.), Securities Purchase Agreement (AGA Medical Holdings, Inc.)

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Transfer of Notes. Subject to Section 9.02 hereof, a Holder may transfer such Note to a new Holder, or may exchange such Note for Notes of different denominations, by surrendering such Note to the Company Parent duly endorsed for transfer or accompanied by a duly executed instrument of transfer naming the new Holder (or the current Holder if submitted for exchange only), together with written instructions for the issuance of one or more new Notes specifying the respective principal amounts of each new Note and the name of each new Holder and each address therefor. The Company Parent shall simultaneously deliver to such Holder or its designee such new Notes and shall xxxx the surrendered Notes as canceled. In lieu of the foregoing procedures, a Holder may assign a Note (in whole but not in part) to a new Holder by sending written notice to the Company Parent of such assignment specifying the new Holder’s name and address; in such case, the Company Parent shall promptly acknowledge such assignment in writing to both the old and new Holder. The Company Parent shall not be required to recognize any subsequent Holder of a Note unless and until the Company Parent has received reasonable assurance that all applicable transfer taxes have been paid.

Appears in 1 contract

Samples: Securities Purchase Agreement (TransFirst Inc.)

Transfer of Notes. Subject to Section 9.02 10.2 hereof, a Holder holder of a Note may transfer such Note to a new Holderholder, or may exchange such Note for Notes of different denominationsdenominations (but in no event of denominations of less than $100,000 in original principal amount), by surrendering such Note to the Company duly endorsed for transfer or accompanied by a duly executed instrument of transfer naming the new Holder holder (or the current Holder holder if submitted for exchange only), together with written instructions for the issuance of one or more new Notes specifying the respective principal amounts of each new Note and the name of each new Holder holder and each address therefor. The Company shall simultaneously deliver to such Holder holder or its designee such new Notes and shall xxxx the marx xxe surrendered Notes as canceled. In lieu of the foregoing procedures, a Holder holder may assign a Note (in whole but not in part) to a new Holder holder by sending written notice to the Company of such assignment specifying the new Holder’s holder's name and address; in such case, the Company shall promptly acknowledge such assignment in writing to both the old and new Holderholder. The Company shall not be required to recognize any subsequent Holder holder of a Note unless and until the Company has received reasonable assurance that all applicable transfer taxes have been paid.

Appears in 1 contract

Samples: Security Agreement (Internet America Inc)

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Transfer of Notes. Subject to Section 9.02 10.2 hereof, a Holder holder of a Note may transfer such Note to a new Holderholder, or may exchange such Note for Notes of different denominationsdenominations (but in no event of denominations of less than $100,000 in original principal amount), by surrendering such Note to the Company duly endorsed for transfer or accompanied by a duly executed instrument of transfer naming the new Holder holder (or the current Holder holder if submitted for exchange only), together with written instructions for the issuance of one or more new Notes specifying the respective principal amounts of each new Note and the name of each new Holder holder and each address therefor. The Company shall simultaneously deliver to such Holder holder or its designee such new Notes and shall xxxx mark the surrendered Notes as canceled. In lieu of the foregoing proceduresproceduxxx, a Holder holder may assign a Note (in whole but not in part) to a new Holder holder by sending written notice to the Company of such assignment specifying the new Holder’s holder's name and address; in such case, the Company shall promptly acknowledge such assignment in writing to both the old and new Holderholder. The Company shall not be required to recognize any subsequent Holder holder of a Note unless and until the Company has received reasonable assurance that all applicable transfer taxes have been paid.

Appears in 1 contract

Samples: Security Agreement (Hunt William O)

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