Common use of Loss of Warrant Clause in Contracts

Loss of Warrant. The Company will execute and deliver a new Warrant of like tenor and date upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and (i) in the case of loss, theft or destruction, upon receipt by the Company of indemnity satisfactory to the Company, or (ii) in the case of mutilation, upon presentation, surrender, and cancellation of this Warrant. The Holder shall pay all federal and state taxes or other governmental charge applicable to any issuance of new Warrants under this Section 4.