Common use of LOST OR MUTILATED CERTIFICATES Clause in Contracts

LOST OR MUTILATED CERTIFICATES. Upon receipt of evidence satisfactory to the Company of the loss, theft, destruction or mutilation of any certificate for Securities and, in the case of any such loss, theft, or destruction, upon delivery of a bond of indemnity satisfactory to the Company (provided that if the holder is a financial institution, its own agreement will be satisfactory), or in the case of any such mutilation, upon surrender and cancellation of such certificate, the Company will issue a new certificate of like tenor as if the lost, stolen, destroyed or mutilated certificate were then surrendered for exchange in lieu of such lost, stolen, destroyed or mutilated certificate.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Fs Private Investments LLC), Securities Purchase Agreement (Hungarian Telephone & Cable Corp), Securities Purchase Agreement (Hungarian Telephone & Cable Corp)

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