Common use of LOST, STOLEN, DESTROYED OR MUTILATED WARRANT Clause in Contracts

LOST, STOLEN, DESTROYED OR MUTILATED WARRANT. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and, in the case of loss, theft or destruction, of an indemnity satisfactory to it, and, in the case of mutilation upon surrender and cancellation of this Warrant, the Company will execute and deliver a new Warrant of like tenor and date, upon reimbursement to the Company for all reasonable expense incidental thereto. Any such new Warrant executed and delivered pursuant to this section shall constitute a contractual obligation on the part of the Company, whether or not this Warrant (so lost, stolen, destroyed or mutilated) shall thereafter at any time be enforced by anyone, provided that the indemnification provided pursuant to this section shall not be effected.

LOST, STOLEN, DESTROYED OR MUTILATED WARRANT. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and, in the case of loss, theft or destruction, of an indemnity satisfactory to it, and, in the case of mutilation upon surrender and cancellation of this Warrant, the Company will execute and deliver a new Warrant of like tenor and date, upon reimbursement to the Company for all reasonable expense incidental thereto. Any such new Warrant executed and delivered pursuant to this section shall constitute a contractual obligation on the part of the Company, whether or not this Warrant (so lost, stolen, destroyed or mutilated) shall thereafter at any time be enforced enforceable by anyone, provided that the indemnification provided pursuant to this section shall not be effected.