Common use of Exchanges; Lost, Stolen or Mutilated Certificates Clause in Contracts

Exchanges; Lost, Stolen or Mutilated Certificates. Upon ---------- ------------------------------------------------- surrender by any Investor to the Corporation of a Warrant or a certificate or certificates representing shares of Series C Preferred purchased or acquired by such Investor hereunder or under the Warrants, or representing Reserved Shares received upon conversion of any such shares of Series C Preferred, the Corporation at its expense shall issue in exchange therefor, and deliver to such Investor, a new Warrant or a new certificate or certificates representing such shares, in such denomination or denominations as may be requested by such Investor. Upon receipt of evidence satisfactory to the Corporation of the loss, theft, destruction or mutilation of any Warrant or any certificate representing any shares of Series C Preferred purchased or acquired by the Investor hereunder or under the Warrants, or representing Reserved Shares received upon conversion of any such shares of Series C Preferred and in case of any such loss, theft or destruction, upon delivery of any indemnity agreement satisfactory to the Corporation, or in case of any such mutilation, upon surrender and cancellation of such Warrant or such certificate, the Corporation at its expense shall issue and deliver to such Investor a new Warrant or a new certificate for such shares of Series C Preferred or Reserved Shares, of like tenor, in lieu of such lost, stolen or mutilated certificate.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Sequenom Inc), Stock Restriction Agreement (Sequenom Inc)

AutoNDA by SimpleDocs

Exchanges; Lost, Stolen or Mutilated Certificates. Upon ---------- ----------- ------------------------------------------------- surrender by any Investor to the Corporation of a Warrant or a certificate or certificates representing shares of Series C D Preferred purchased or acquired by such Investor hereunder or under the Warrantshereunder, or representing Reserved Shares received upon conversion of any such shares of Series C D Preferred, the Corporation at its expense shall issue in exchange therefor, and deliver to such Investor, a new Warrant or a new certificate or certificates representing such shares, in such denomination or denominations as may be requested by such Investor. Upon receipt of evidence satisfactory to the Corporation of the loss, theft, destruction or mutilation of any Warrant or any certificate representing any shares of Series C D Preferred purchased or acquired by the Investor hereunder or under the Warrantshereunder, or representing Reserved Shares received upon conversion of any such shares of Series C D Preferred and in case of any such loss, theft or destruction, upon delivery of any indemnity agreement satisfactory to the Corporation, or in case of any such mutilation, upon surrender and cancellation of such Warrant or such certificate, the Corporation at its expense shall issue and deliver to such Investor a new Warrant or a new certificate for such shares of Series C D Preferred or Reserved Shares, of like tenor, in lieu of such lost, stolen or mutilated certificate.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Sequenom Inc), Stock Restriction Agreement (Sequenom Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.