Common use of Loss or Destruction Clause in Contracts

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

Appears in 10 contracts

Samples: Option (Fischer Watt Gold Co Inc), Option (Fischer Watt Gold Co Inc), Option (Fischer Watt Gold Co Inc)

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

Appears in 1 contract

Samples: Wastemasters Inc

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

Appears in 1 contract

Samples: Carnegie International Corp

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Loss or Destruction. Upon receipt of evidence satisfactory to the Company of the loss, theft, mutilation or destruction or mutilation of this Option Certificate andAgreement, in the case of any such loss, theft or destructionCompany shall, upon delivery its receipt of an indemnity agreement or bond reasonably satisfactory in form, substance and amount to the Company or, in the case of any such mutilation, upon surrender and cancellation of this Option CertificateAgreement, the Company at its expense will execute and deliverdeliver to the Holder, in lieu thereof, a new Option Certificate of like tenor. 10.

Appears in 1 contract

Samples: Option Agreement (Table Mesa Acquisitions, Inc.)

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