Common use of Lost or Mutilated Debenture Clause in Contracts

Lost or Mutilated Debenture. If this Debenture shall be mutilated, lost, stolen or destroyed, the Company shall execute and deliver, in exchange and substitution for and upon cancellation of a mutilated Debenture, or in lieu of or in substitution for a lost, stolen or destroyed Debenture, a new Debenture for the outstanding principal amount of this Debenture so mutilated, lost, stolen or destroyed, but only upon receipt of evidence of such loss, theft or destruction of such Debenture, and of the ownership hereof, and, in case of loss, theft or destruction, of indemnity or security (which shall not include the posting of any bond), in each case reasonably satisfactory to the Company.

Appears in 9 contracts

Samples: Convertible Security Agreement (PLC Systems Inc), Convertible Security Agreement (PLC Systems Inc), Convertible Security Agreement (PLC Systems Inc)

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Lost or Mutilated Debenture. If this Debenture shall be mutilated, lost, stolen or destroyed, the Company shall execute and deliver, in exchange and substitution for and upon cancellation of a mutilated Debenture, or in lieu of or in substitution for a lost, stolen or destroyed Debenture, a new Debenture for the outstanding principal amount of this Debenture so mutilated, lost, stolen or destroyed, but only upon receipt of evidence of such loss, theft or destruction of such Debenture, and of the ownership hereof, and, and in case of loss, theft or destruction, of indemnity or security (which shall not include the posting of any bond), in each case reasonably satisfactory to the Companyit.

Appears in 3 contracts

Samples: Convertible Security Agreement (180 Connect Inc.), Convertible Security Agreement (180 Connect Inc.), Convertible Security Agreement (180 Connect Inc.)

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Lost or Mutilated Debenture. If this Debenture shall be mutilated, lost, stolen or destroyed, the Company shall execute and deliver, in exchange and substitution for and upon cancellation of a mutilated Debenture, or in lieu of or in substitution for a lost, stolen or destroyed Debenture, a new Debenture for the outstanding principal amount of this Debenture so mutilated, lost, stolen or destroyed, but only upon receipt of evidence of such lossloss , theft or destruction of such Debenture, and of the ownership hereof, andreasonably satisfactory to the Company, in case of loss, theft or destruction, together with such instruments of indemnity or security (which in no event shall not include the posting of any bond), in each case ) as the Company may reasonably satisfactory to the Companyrequest.

Appears in 1 contract

Samples: Convertible Security Agreement (Ideanomics, Inc.)

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