Common use of LOST OR STOLEN WARRANTS Clause in Contracts

LOST OR STOLEN WARRANTS. Upon receipt by the Corporation of (i) evidence of the loss, theft, destruction or mutilation of this Warrant and (ii) (y) in the case of loss, theft or destruction, of indemnity and affidavit reasonably satisfactory to the Corporation, or (z) in the case of mutilation, upon surrender and cancellation of this Warrant, the Corporation shall execute and deliver new Warrants, in the form hereof, in such denominations as Holder may request. However, the Corporation shall not be obligated to reissue such lost or stolen Warrants if Holder contemporaneously requests the Corporation to exercise this Warrant.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Netplex Group Inc), Securities Purchase Agreement (Fastcomm Communications Corp), Securities Purchase Agreement (Netplex Group Inc)

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LOST OR STOLEN WARRANTS. Upon receipt by the Corporation of (i) evidence of the loss, theft, destruction or mutilation of this Warrant and (ii) (y) in the case of loss, theft or destruction, of indemnity and affidavit reasonably satisfactory to the Corporation, or (z) in the case of mutilation, upon surrender and cancellation of this Warrant, the Corporation shall execute and deliver new Warrants, in the form hereof, in such denominations as Holder may request. However, the Corporation shall not be obligated to reissue such lost or stolen Warrants if Holder contemporaneously requests the Corporation to exercise this Warrant.

Appears in 1 contract

Samples: Smartserv Online Inc

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LOST OR STOLEN WARRANTS. Upon receipt by the Corporation of (i) evidence of the loss, theft, destruction or mutilation of this Warrant and (ii) (y) in the case of loss, theft or destruction, of indemnity and affidavit reasonably satisfactory to the Corporation, or (z) in the case of mutilation, upon surrender and cancellation of this Warrant, the Corporation shall execute and deliver new Warrants, in the form hereof, in such denominations as Holder may request. However, the Corporation shall not be obligated to reissue such lost or stolen Warrants if Holder contemporaneously Holdxx xxxtemporaneously requests the Corporation to exercise this Warrant.

Appears in 1 contract

Samples: Fastcomm Communications Corp

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