Common use of Loss or Destruction Clause in Contracts

Loss or Destruction. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Warrant and, in the case of any loss, theft or destruction, upon delivery of an indemnity agreement reasonably satisfactory in form and amount to the Company and its counsel, or, in the case of any such mutilation, upon surrender and cancellation of this Warrant, the Company, at its expense, will execute and deliver, in lieu thereof, a new Warrant of like tenor.

Appears in 18 contracts

Samples: Registration Rights Agreement (Nstor Technologies Inc), Warrant Agreement (Medical Technology Systems Inc /De/), Warrant Agreement (Medical Technology Systems Inc /De/)

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Loss or Destruction. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Warrant Agreement and, in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably or bond satisfactory in form form, substance and amount to the Company and its counsel, or, in the case of any such mutilation, upon surrender and cancellation of this WarrantWarrant Agreement, the Company, at its expense, Company will execute and deliver, in lieu thereof, a new Warrant Agreement of like tenor.

Appears in 9 contracts

Samples: Warrant Agreement (Epicedge Inc), Warrant Agreement (Teraforce Technology Corp), Warrant Agreement (Veridium Corp)

Loss or Destruction. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Warrant and, in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably or bond satisfactory in form form, substance and amount to the Company and its counsel, or, in the case of any such mutilation, upon surrender and cancellation of this Warrant, the Company, Company at its expense, expense will execute and deliver, in lieu thereof, a new Warrant of like tenor.

Appears in 7 contracts

Samples: Warrant Agreement (Cn Bancorp Inc), Warrant Agreement (Americasbank Corp), Warrant Agreement (Seed James Michael)

Loss or Destruction. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction destruction, or mutilation of this Warrant and, in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably or bond satisfactory in form form, substance and amount to the Company and its counsel, or, in the case of any such mutilation, upon surrender and cancellation of this Warrant, the Company, Company at its expense, expense will execute and deliver, in lieu thereof, a new Warrant of like tenor.

Appears in 3 contracts

Samples: Warrant Agreement (Health Enhancement Products Inc), Senior Note (Telkonet Inc), Warrant Agreement (Majestic Companies LTD)

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Loss or Destruction. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Warrant and, in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably or bond satisfactory in form form, substance and amount to the Company and its counsel, or, in the case of any such mutilation, upon surrender and cancellation of this Warrant, the Company, at its expense, will execute and deliver, in lieu thereof, a new Warrant of like tenor.

Appears in 2 contracts

Samples: Warrant Agreement (Americasbank Corp), Warrant Agreement (Americasbank Corp)

Loss or Destruction. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Warrant Agreement and, in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement reasonably or bond satisfactory in form form, substance and amount to the Company and its counsel, or, in the case of any such mutilation, upon surrender and cancellation of this WarrantWarrant Agreement, the Company, at its expense, Company will execute and deliver, in lieu thereof, there of a new Warrant Agreement of like tenor.

Appears in 1 contract

Samples: Settlement Agreement (Surgicare Inc/De)

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