Common use of Lost or Stolen Debentures Clause in Contracts

Lost or Stolen Debentures. Upon receipt by the Corporation of (i) evidence of the loss, theft, destruction or mutilation of this Debenture and (ii) (y) in the case of loss, theft or destruction, of indemnity reasonably satisfactory to the Corporation, or (z) in the case of mutilation, upon surrender and cancellation of this Debenture, the Corporation shall execute and deliver new Debentures, in the form hereof, in such denominations of at least $100,000 as the Holder may request. However, the Corporation shall not be obligated to reissue such lost or stolen Debentures if the Holder contemporaneously requests the Corporation to convert this Debenture.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Accent Software International LTD), Securities Purchase Agreement (Accent Software International LTD), Fastcomm Communications Corp

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Lost or Stolen Debentures. Upon receipt by the Corporation of (i) evidence of the loss, theft, destruction or mutilation of this Debenture and (ii) (y) in the case of loss, theft or destruction, of indemnity reasonably satisfactory to the Corporation, or (z) in the case of mutilation, upon surrender and cancellation of this Debenture, the Corporation shall execute and deliver a new Debentures, in the form hereof, in such denominations Debenture of at least $100,000 as the Holder may requestlike tenor and date. However, the Corporation shall not be obligated to reissue such lost or stolen Debentures this Debenture if the Holder contemporaneously requests the Corporation to convert this Debenture.

Appears in 2 contracts

Samples: Registration Rights Agreement (Palomar Medical Technologies Inc), Securities Purchase Agreement (Palomar Medical Technologies Inc)

Lost or Stolen Debentures. Upon receipt by the Corporation of (i) ------------------------- evidence of the loss, theft, destruction or mutilation of this Debenture and (ii) (y) in the case of loss, theft or destruction, of indemnity reasonably satisfactory to the Corporation, or (z) in the case of mutilation, upon surrender and cancellation of this Debenture, the Corporation shall execute and deliver new Debentures, in the form hereof, in such denominations of at least $100,000 25,000 as the Holder may request. However, the Corporation shall not be obligated to reissue such lost or stolen Debentures if the Holder contemporaneously requests the Corporation to convert this Debenture.

Appears in 1 contract

Samples: Knickerbocker L L Co Inc

Lost or Stolen Debentures. Upon receipt by the Corporation of (i) ------------------------- evidence of the loss, theft, destruction or mutilation of this any Debenture and (ii) (y) in the case of loss, theft or destruction, of indemnity (without any bond or other security) reasonably satisfactory to the Corporation, or (z) in the case of mutilation, upon surrender and cancellation of this any Debenture, the Corporation shall execute and deliver a new Debentures, in the form hereof, in such denominations Debenture of at least $100,000 as the Holder may requestlike tenor and date. However, the Corporation shall not be obligated to reissue such lost or stolen Debentures Debenture if the Holder holder contemporaneously requests the Corporation to convert this such Debenture.

Appears in 1 contract

Samples: Securities Purchase Agreement (Knickerbocker L L Co Inc)

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Lost or Stolen Debentures. Upon receipt by the Corporation of (i) evidence of the loss, theft, destruction or mutilation of this any Debenture and (ii) (y) in the case of loss, theft or destruction, of indemnity (without any bond or other security) reasonably satisfactory to the Corporation, or (z) in the case of mutilation, upon surrender and cancellation of this any Debenture, the Corporation shall execute and deliver a new Debentures, in the form hereof, in such denominations Debenture of at least $100,000 as the Holder may requestlike tenor and date. However, the Corporation shall not be obligated to reissue such lost or stolen Debentures Debenture if the Holder contemporaneously requests the Corporation to convert this such Debenture.

Appears in 1 contract

Samples: Securities Purchase Agreement (Icc Technologies Inc)

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