Loss, Theft, Destruction. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Unit Purchase Option and of reasonably satisfactory indemnification or the posting of a bond, the Company shall execute and deliver a new Unit Purchase Option of like tenor and date. Any such new Unit Purchase Option executed and delivered as a result of such loss, theft, mutilation or destruction shall constitute a substitute contractual obligation on the part of the Company.
Appears in 5 contracts
Samples: Unit Purchase Option Agreement (Sand Hill It Security Acquisition Corp), Unit Purchase Option Agreement (Sand Hill It Security Acquisition Corp), Unit Purchase Option Agreement (Sand Hill It Security Acquisition Corp)
