Common use of New Note Clause in Contracts

New Note. Upon receipt of evidence reasonably satisfactory to the Borrower of the loss, theft, destruction or mutilation of the Note, the Borrower 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, and in such event the Lender agrees to indemnify and hold harmless the Borrower in respect of any such lost, stolen, destroyed or mutilated Note.

Appears in 14 contracts

Samples: Note and Warrant Purchase Agreement, Convertible Note Purchase Agreement, Participation and Repayment Priority Agreement (Orangehook, Inc.)

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New Note. Upon receipt of evidence reasonably satisfactory to the Borrower of the loss, theft, destruction or mutilation of the Note, the Borrower will shall 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, and in such event the Lender agrees to indemnify and hold harmless the Borrower in respect of any such lost, stolen, destroyed or mutilated Note.

Appears in 1 contract

Samples: Loan Agreement (Nephros Inc)

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New Note. Upon receipt of evidence reasonably satisfactory to the Borrower of the loss, theft, destruction or mutilation of the this Note, the Borrower will issue a new Notenote, of like tenor and amount and dated the date to which interest has been paid, in lieu of such this lost, stolen, destroyed or mutilated Note, and in such event the Lender agrees to indemnify and hold harmless the Borrower in respect of any such lost, stolen, destroyed or mutilated Note.

Appears in 1 contract

Samples: Loan Agreement

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