Common use of Destruction, Loss Clause in Contracts

Destruction, Loss. If there shall be delivered to the Corporation and the Rights Agent prior to the Expiration Time: (i) evidence to their satisfaction of the destruction, loss or theft of any Rights Certificate; and (ii) such security or indemnity as may be required by them to save each of them and their respective agents harmless, then, in the absence of notice to the Corporation or the Rights Agent that such Rights Certificate has been acquired by a bona fide purchaser, the Corporation shall execute and the Rights Agent shall countersign and deliver, in lieu of any such destroyed, lost or stolen Rights Certificate, a new Rights Certificate evidencing the same number of Rights as did the Rights Certificate so destroyed, lost or stolen.

Appears in 10 contracts

Samples: Shareholder Rights Plan Agreement (Polymet Mining Corp), Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement (Petaquilla Minerals LTD)

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Destruction, Loss. If there shall be delivered to the Corporation Company and the Rights Agent prior to the Expiration Time: (i) evidence to their satisfaction of the destruction, loss or theft of any Rights CertificateCertificated; and (ii) such security or and indemnity as may be required by them to save each of them and their respective agents harmless, then, in the absence of notice to the Corporation Company or the Rights Agent that such Rights Certificate certificate has been acquired by a bona fide purchaser, the Corporation Company shall execute and the Rights Agent shall countersign and deliver, in lieu of any such destroyed, lost or stolen Rights Certificate, a new Rights Certificate Certificated evidencing the same number of Rights as did the Rights Certificate so destroyed, lost or stolen.

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement (Coral Gold Resources, Ltd.), Shareholder Rights Plan Agreement (Avino Silver & Gold Mines LTD)

Destruction, Loss. If there shall be delivered to the Corporation Company and the Rights Agent prior to the Expiration Time: (i) evidence to their satisfaction of the destruction, loss or theft of any Rights Certificate; and (ii) such security or indemnity as may be required by them to save each of them and their respective agents harmless, then, in the absence of notice to the Corporation Company or the Rights Agent that such Rights Certificate has been acquired by a bona fide purchaser, the Corporation Company shall execute and the Rights Agent shall countersign and deliver, in lieu of any such destroyed, lost or stolen Rights Certificate, a new Rights Certificate evidencing the same number of Rights as did the Rights Certificate so destroyed, lost or stolen.

Appears in 1 contract

Samples: Shareholder Protection Rights Plan Agreement (Western Wind Energy Corp)

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Destruction, Loss. If there shall be delivered to the Corporation Company and the Rights Agent prior to the Expiration Time: (i) evidence to their satisfaction of the destruction, loss or theft of any Rights Certificate; and (ii) such security or indemnity and surety bond as may be required by them to save each of them and their respective agents harmless, then, in the absence of notice to the Corporation Company or the Rights Agent that such Rights Certificate certificate has been acquired by a bona fide purchaser, the Corporation Company shall execute and the Rights Agent shall countersign and deliver, in lieu of any such destroyed, lost or stolen Rights Certificate, a new Rights Certificate Certificated evidencing the same number of Rights as did the Rights Certificate so destroyed, lost or stolen.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

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