Common use of Replacement of Options Clause in Contracts

Replacement of Options. On receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Option and, in the case of any such loss, theft or destruction of this Option, on delivery of an indemnity agreement or security reasonably satisfactory in form and amount to the Company or, in the case of any such mutilation, on surrender and cancellation of this Option, the Company at its expense will execute and deliver, in lieu thereof, a new Option of like tenor.

Replacement of Options. On receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this any Option and, in the case of any such loss, theft or destruction of this any Option, on delivery of an indemnity agreement or security reasonably satisfactory in form and amount to the Company or, in the case of any such mutilation, on surrender and cancellation of this such Option, the Company at its expense will execute and deliver, in lieu thereof, a new Option of like tenor.

Replacement of Options. On Upon receipt by the Company of evidence reasonably reasonable satisfactory to the Company it of the loss, theft, destruction or mutilation of this Option Option, and, in the case of any such loss, theft or destruction destruction, of this Option, on delivery of an indemnity agreement or security reasonably satisfactory in form to it, and amount reimbursement to the Company orof all reasonable expenses incidental thereto, in the case of any such mutilation, on and upon surrender and cancellation of this Option, if mutilated, the Company at its expense will execute make and deliver, in lieu thereof, deliver a new Option of like tenor, in lieu of this Option.

Replacement of Options. On Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this any Option and, in the case of any such loss, theft or destruction of this Optiondestruction, on upon delivery of an indemnity agreement or security reasonably satisfactory in form and amount to the Company or, in the case of any such mutilation, on upon surrender and cancellation of this such Option, the Company Company, at its the expense of the Optionholder, will execute and deliver, in lieu thereof, a new Option of like tenor.

Replacement of Options. On receipt of evidence reasonably reasonable satisfactory to the Company of the loss, theft, destruction or mutilation of this any Option and, in the case of any such loss, theft or destruction of this any Option, on delivery of an indemnity agreement or security reasonably reasonable satisfactory in form and amount to the Company or, in the case of any such mutilation, on surrender and cancellation of this such Option, the Company at its expense will execute and deliver, in lieu thereof, a new Option of like tenor.

Replacement of Options. On Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this any Option and, in the case of any such loss, theft or of destruction of this any Option, on upon delivery of an indemnity agreement or security reasonably satisfactory to the Company in form and amount to the Company or, in the case of any such mutilation, on upon surrender and cancellation of this Option, such the Company at its expense will execute and deliver, in lieu thereof, a new Option of like tenor.