Common use of Transfer of Notes Clause in Contracts

Transfer of Notes. Subject to Sections 6.4 and 6.5 hereof, a holder of a Note may transfer such Note to a new holder, or may exchange such Note for Notes of different denominations (but in no event of denominations of less than $10,000 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 (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, shall xxxx the surrendered Notes as canceled and shall provide notice of such transfer to Agent. 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 and Agent 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.

Transfer of Notes. Subject to Sections 6.4 and 6.5 hereofSection 5.2 above, a holder of a Note may transfer such Note to a new holder, or may exchange such Note for Notes notes of different denominations (but in no event of denominations of less than $10,000 100,000 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 (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, Notes and shall xxxx the mark xxx surrendered Notes as canceled and shall provide notice of such transfer to Agentcanceled. In lieu of the foregoing procedures, a holder may assign a Note (in whole full but not in part) to a new holder by sending written notice to the Company and Agent of such assignment specifying the new holder’s '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 (i) such holder has complied with the requirements of Section 5.2 and (ii) the Company has received reasonable assurance that all applicable transfer taxes have been paid.

Transfer of Notes. Subject to Sections 6.4 and 6.5 Section 6.2 hereof, a holder of a Note may transfer such Note to a new holder, or may exchange such Note for Notes of different denominations (but in no event of denominations of less than $10,000 100,000 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 (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, shall xxxx the surrendered Notes as canceled and shall provide notice of such transfer to Agent. 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 and Agent 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.

Transfer of Notes. Subject to Sections 6.4 and 6.5 Section 6.2 hereof, a holder of a Note may transfer such Note to a new holder, holder or may exchange such Note for Notes of different denominations (but in no event of denominations of less than $10,000 100,000 in original principal amount), by surrendering such Note to the Company applicable Borrower 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 Such Borrower shall simultaneously deliver to such holder or its designee such new Notes, shall xxxx the surrendered Notes as canceled and shall provide notice of such transfer to Agent. 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 applicable Borrower and Agent of such assignment specifying the new holder’s '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 No Borrower shall not be required to recognize any subsequent holder of a Note unless and until the Company such Borrower has received reasonable assurance that all applicable transfer taxes have been paid.