Common use of Lost Warrants or Stock Certificates Clause in Contracts

Lost Warrants or Stock Certificates. The Company covenants to the ----------------------------------- Holder that upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction, or mutilation of this Warrant or any stock certificate and, in the case of any such loss, theft or destruction, upon receipt of an indemnity reasonably satisfactory to the Company (in the case of a regulated financial institution, a direct letter of indemnity shall be deemed reasonably satisfactory to the Company), or in the case of any such mutilation upon surrender and cancellation of such Warrant or stock certificate, the Company will make and deliver a new Warrant or stock certificate, of like tenor, in lieu of the lost, stolen, destroyed or mutilated Warrant or stock certificate.

Appears in 5 contracts

Samples: Warrant Agreement (Medjet Inc), Warrant Agreement (Medjet Inc), Warrant Agreement (Medjet Inc)

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Lost Warrants or Stock Certificates. The Company covenants to the ----------------------------------- Holder that holder hereof that, upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction, destruction or mutilation of this Warrant or any stock certificate and, in the case of any such loss, theft or destruction, upon receipt of an indemnity reasonably satisfactory to the Company (including in the case of a regulated financial institutionlost stock certificate, posting of a direct letter of indemnity shall be deemed reasonably satisfactory to bond as required by the Company’s transfer agent), or in the case of any such mutilation upon surrender and cancellation of such Warrant or stock certificate, the Company will make and deliver a new Warrant or stock certificate, of like tenor, in lieu of the lost, stolen, destroyed or mutilated Warrant or stock certificate.

Appears in 4 contracts

Samples: Warrant Agreement (Interleukin Genetics Inc), Warrant Agreement (Interleukin Genetics Inc), Warrant Agreement (Interleukin Genetics Inc)

Lost Warrants or Stock Certificates. The Company covenants represents and warrants to the ----------------------------------- Holder that upon receipt of evidence an affidavit reasonably satisfactory to the Company of the loss, theft, destruction, destruction or mutilation of this Warrant or any stock certificate deliverable upon the exercise or conversion hereof and, in the case of any such loss, theft or destruction, upon receipt of an indemnity reasonably satisfactory to the Company (in the case of a regulated financial institutionagreement and, a direct letter of indemnity shall be deemed if requested, bond reasonably satisfactory to the Company), or in the case of any such mutilation mutilation, upon surrender and cancellation of such this Warrant or such stock certificate, the Company at its expense will make and deliver a new Warrant or stock certificate, of like tenor, in lieu of the lost, stolen, destroyed or mutilated Warrant or stock certificate.

Appears in 2 contracts

Samples: Warrant Agreement (Leapfrog Enterprises Inc), Warrant Agreement (Leapfrog Enterprises Inc)

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Lost Warrants or Stock Certificates. The Company covenants represents and warrants to the ----------------------------------- Holder hereof that upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction, or mutilation of this any Warrant or any stock certificate and, in the case of any such loss, theft or destruction, upon receipt of an indemnity reasonably satisfactory to the Company (in the case of a regulated financial institution, a direct letter unsecured agreement of indemnity shall be deemed reasonably of Fleet National Bank being satisfactory to the Companyfor this purpose), or in the case of any such mutilation upon surrender and cancellation of such Warrant or stock certificate, the Company at its expense will make and deliver a new Warrant or stock certificate, of like tenor, in lieu of the lost, stolen, destroyed or mutilated Warrant or stock certificate.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Augment Systems Inc)

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