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, 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. [Signature Page Follows]

Appears in 6 contracts

Samples: Warrant Agreement (Nuway Medical Inc), Warrant Agreement (Nuway Medical Inc), Warrant Agreement (Nuway Medical Inc)

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