Common use of Exchange, Loss or Destruction of Warrant Clause in Contracts

Exchange, Loss or Destruction of Warrant. Subject to the terms and conditions hereof, upon surrender of-this Warrant to the Company with a duly executed Assignment Form and funds sufficient to pay any transfer tax, the Company shall, without charge, execute and deliver a new Warrant or Warrants of like tenor in the name of the assignee named in such Assignment Form and this Warrant shall promptly be canceled. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant and, in the case of loss, theft or destruction, of such bond or indemnification as the Company may reasonably require, and, in the case of such mutilation, upon surrender and cancellation of this Warrant, the Company will execute and deliver a new Warrant of like tenor. The term "Warrant" as used herein shall be deemed to include any warrants issued in substitution or exchange for this Warrant.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Deeptech International Inc), Common Stock Purchase Warrants (Deeptech International Inc)

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Exchange, Loss or Destruction of Warrant. Subject to the terms and conditions hereof, upon surrender of-of this Warrant to the Company with a duly executed Assignment Form and funds sufficient to pay any transfer tax, the Company shall, without charge, execute and deliver a new Warrant or Warrants of like tenor in the name of the assignee named in such Assignment Form and this Warrant shall promptly be canceled. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant and, in the case of loss, theft or destruction, of such bond or indemnification as the Company may reasonably require, and, in the case of such mutilation, upon surrender and cancellation of this Warrant, the Company will execute and deliver a new Warrant of like tenor. The term "Warrant" as used herein shall be deemed to include any warrants issued in substitution or exchange for this Warrant.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Genta Incorporated /De/), Warrant Agreement (Genta Incorporated /De/)

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Exchange, Loss or Destruction of Warrant. Subject to the terms and conditions hereof, including the restrictions on transfer in Section 2, upon surrender of-of this Warrant to the Company with a duly executed Assignment Form and funds sufficient to pay any transfer tax, the Company shall, without charge, execute and deliver a new Warrant or Warrants of like tenor in the name of the assignee named in such Assignment Form and this Warrant shall promptly be canceled. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant and, in the case of loss, theft or destruction, of such bond or indemnification as the Company may reasonably require, and, in the case of such mutilation, upon surrender and cancellation of this Warrant, the Company will execute and deliver a new Warrant of like tenor. The term "Warrant" as used herein shall be deemed to include any warrants issued in substitution or exchange for this Warrant.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Cygnus Inc /De/)

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