Common use of Replacement of Note Certificates Clause in Contracts

Replacement of Note Certificates. Promptly following receipt by the Issuer at its registered office of evidence of the ownership of and the loss, theft, destruction or mutilation of any Note Certificate, and: (a) in the case of loss, theft or destruction, of an indemnity reasonably satisfactory to it (provided that if a Subscriber, an Affiliate of a Subscriber or a Subscriber provides an unsecured agreement of indemnity that shall be deemed to be satisfactory); or (b) in the case of mutilation, upon surrender and cancellation of such Note Certificate, the Issuer shall, at its own expense, execute and deliver, a replacement Note Certificate.

Appears in 2 contracts

Sources: Note Subscription Agreement (CorpAcq Group PLC), Note Subscription Agreement (CorpAcq Group PLC)

Replacement of Note Certificates. Promptly following receipt by the relevant Issuer at its registered office of evidence of the ownership of and the loss, theft, destruction or mutilation of any Note Certificate, and: (a) in the case of loss, theft or destruction, of an indemnity reasonably satisfactory to it (provided that if a Subscriber, Noteholder or an Affiliate of a Subscriber or a Subscriber Noteholder provides an unsecured agreement of indemnity that shall be deemed to be satisfactory); or (b) in the case of mutilation, upon surrender and cancellation of such Note Certificate, the relevant Issuer shall, at its own expenseexpense and upon written request of the relevant Noteholder, execute and deliver, a replacement Note Certificate.

Appears in 1 contract

Sources: Senior Notes Purchase Agreement (Inspired Entertainment, Inc.)