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 Agreement (Fischer Watt Gold Co Inc), Option Agreement (Fischer Watt Gold Co Inc), Option Agreement (Fischer Watt Gold Co Inc)

AutoNDA by SimpleDocs

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: Securities Agreement (Wastemasters Inc)

AutoNDA by SimpleDocs

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.

Appears in 1 contract

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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!