Common use of Loss or Destruction of Warrant Clause in Contracts

Loss or Destruction of Warrant. Upon receipt by the Company of evidence satisfactory to it (in the exercise of its reasonable discretion) of the loss, theft, destruction or mutilation of this Warrant Certificate, and (in the case of loss, theft or destruction) of reasonably satisfactory indemnification, and upon surrender and cancellation of this Warrant Certificate, if mutilated, the Company shall execute and deliver a new Warrant Certificate of like tenor and date.

Appears in 28 contracts

Samples: Purchase and Sale Agreement (Timberline Resources Corp), Warrant Agreement (Enstar Group LTD), Warrant Agreement (Visteon Corp)

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Loss or Destruction of Warrant. Upon receipt by the Company of evidence satisfactory to it (in the exercise of its reasonable discretion) of the loss, theft, destruction or mutilation of this Warrant Certificate, and (in the case of loss, theft or destruction) of reasonably satisfactory indemnificationindemnification and, if the Warrant has been registered under applicable securities laws, such bond or other security as the Company reasonably deems appropriate, and upon surrender and cancellation of this Warrant Certificate, if mutilated, the Company shall execute and deliver a new Warrant Certificate of like tenor and date.

Appears in 2 contracts

Samples: Warrant Agreement (Wilsons the Leather Experts Inc), Warrant Agreement (Wilsons the Leather Experts Inc)

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