Common use of Loss of Warrant Clause in Contracts

Loss of Warrant. In the event of the loss, theft, destruction or mutilation of this Warrant Agreement, the Company shall execute and deliver a new Warrant in exchange for and upon the surrender and cancellation of such mutilated or defaced Warrant. If the Warrant Agreement was lost or stolen, the Company may, at its option, as a condition to the execution and delivery of a new Warrant Agreement, require that the Holder produce satisfactory indemnity to the Company. The Holder may be required to post a surety bond to protect the Company from conflicting claims.

Loss of Warrant. In the event of the loss, theft, destruction or ----------------- mutilation of this Warrant Agreement, the Company shall execute and deliver a new Warrant in exchange for and upon the surrender and cancellation of such mutilated or defaced Warrant. If the Warrant Agreement was lost or stolen, the Company may, at its optionOption, as a condition to the execution and delivery of a new Warrant Agreement, require that the Holder produce satisfactory indemnity to the Company. The Holder may be required to post a surety bond to protect the Company from conflicting claims.

Loss of Warrant. In the event of the loss, theft, destruction or mutilation of this Warrant warrant Agreement, the Company shall execute and deliver a new Warrant in exchange for and upon the surrender and cancellation of such mutilated or defaced Warrant. If the Warrant Agreement was lost or stolen, the Company may, at its option, as a condition to the execution and delivery of a new Warrant Agreement, require that the Holder produce satisfactory indemnity to the Company. The Holder may be required to post past a surety bond to protect the Company from conflicting claims.