Common use of Lost or Stolen Debentures Clause in Contracts

Lost or Stolen Debentures. Upon receipt by the Company of evidence of the loss, theft, destruction or mutilation of this Debenture, and (in case of loss, theft or destruction) indemnity or security reasonably satisfactory to the Company, and upon surrender and cancellation of the Debenture, if mutilated, the Company shall execute and deliver a new Debenture of like tenor and date without charge to Holder.

Appears in 4 contracts

Samples: Convertible Debenture Subscription Agreement (Halis Inc), Usa Technologies Inc, Halis Inc

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Lost or Stolen Debentures. Upon receipt by the Company Corporation of evidence of the loss, theft, destruction or mutilation of this Debenture, and (in the case of loss, theft or destruction) of indemnity or security reasonably satisfactory to the CompanyCorporation, and upon surrender and cancellation of the this Debenture, if mutilated, the Company Corporation shall execute and deliver a new Debenture of like tenor and date without charge to Holderdate.

Appears in 1 contract

Samples: Securities Purchase Agreement (Global Media Corp)

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