Common use of Replacement on Loss Clause in Contracts

Replacement on Loss. In the event that the Holders notify the Company of the loss, theft, destruction or mutilation of this Warrant, then upon delivery of an indemnity bond or lost warrant affidavit sufficient in the reasonable determination of the Company to protect the Company from any loss that it may suffer if the Warrant is replaced and, in case of mutilation, upon surrender of such Warrant for cancellation to the Company, the Company shall execute and deliver to the Holders, in lieu hereof, a new Warrant of like tenor and exercisable for an equivalent number of Ordinary Shares as the Warrant so lost, stolen, mutilated or destroyed and the replaced Warrant shall automatically be cancelled; provided, that, in the case of mutilation, no indemnity bond or lost warrant affidavit shall be required if this Warrant in identifiable form is surrendered to the Company for cancellation.

Replacement on Loss. In the event that the Holders notify Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Warrant, then Warrant and upon delivery of an indemnity bond reasonably satisfactory to it (it being understood that a written indemnification agreement or lost warrant affidavit sufficient in the reasonable determination of loss of the Company to protect the Company from any loss that it may suffer if the Warrant is replaced Holder shall be a sufficient indemnity) and, in case of mutilation, upon surrender of such Warrant for cancellation to the Company, the Company at its own expense shall execute and deliver to the HoldersHolder, in lieu hereofof this Warrant, a new Warrant of like tenor and exercisable for an equivalent number of Ordinary Warrant Shares as the Warrant so lost, stolen, mutilated or destroyed and the replaced Warrant shall automatically be cancelled; provideddestroyed, provided that, in the case of mutilation, no indemnity bond or lost warrant affidavit shall be required if this Warrant in identifiable form is surrendered to the Company for cancellation.

Replacement on Loss. In the event that the Holders notify Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Warrant, then Warrant and upon delivery of an indemnity bond reasonably satisfactory to it (it being understood that a written indemnification agreement or lost warrant affidavit sufficient in the reasonable determination of loss of the Company to protect the Company from any loss that it may suffer if the Warrant is replaced Holder shall be a sufficient indemnity) and, in case of mutilation, upon surrender of such Warrant for cancellation to the Company, the Company at its own expense shall execute and deliver to the HoldersHolder, in lieu hereof, a new Warrant of like tenor and exercisable for an equivalent number of Ordinary Warrant Shares as the Warrant so lost, stolen, mutilated destroyed or destroyed and the replaced Warrant shall automatically be cancelledmutilated; provided, provided that, in the case of mutilation, no indemnity bond or lost warrant affidavit shall be required if this Warrant in identifiable form is surrendered to the Company for cancellation.

Replacement on Loss. In the event that the Holders notify Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Warrant, then Warrant and upon delivery of an indemnity bond reasonably satisfactory to it (it being understood that a written indemnification agreement or lost warrant affidavit sufficient in the reasonable determination of loss of the Company to protect the Company from any loss that it may suffer if the Warrant is replaced Holder shall be a sufficient indemnity) and, in case of mutilation, upon surrender of such Warrant for cancellation to the Company, the Company at its own expense shall execute and deliver to the HoldersHolder, in lieu hereof, a new Warrant of like tenor and exercisable for an equivalent number of Ordinary Warrant Shares as the Warrant so lost, stolen, mutilated or destroyed and the replaced Warrant shall automatically be cancelleddestroyed; provided, that, in the case of mutilation, no indemnity bond or lost warrant affidavit shall be required if this Warrant in identifiable form is surrendered to the Company for cancellation.