Common use of Replacement Warrants Clause in Contracts

Replacement Warrants. If a mutilated Warrant is surrendered to the Warrant Agent or if a Holder claims that its Warrant has been lost, destroyed or wrongfully taken, the Company will issue and the Warrant Agent will countersign a replacement Warrant. Every replacement Warrant is an additional obligation of the Company and entitled to the benefits of this Agreement. If required by the Warrant Agent or the Company, an indemnity must be furnished by the Holder that is sufficient in the judgment of (i) the Warrant Agent to protect the Warrant Agent and (ii) the Company to protect the Company and the Warrant Agent from any loss they may suffer if a Warrant is replaced. The Company may charge the Holder for the expenses of the Company and the Warrant Agent in replacing a Warrant.

Appears in 2 contracts

Samples: Warrant Agreement (Harvest Natural Resources, Inc.), Warrant Agreement (Green Field Energy Services, Inc.)

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Replacement Warrants. If a mutilated Warrant is surrendered to the Warrant Agent or if a Holder claims that its Warrant has been lost, destroyed or wrongfully taken, the Company will issue and the Warrant Agent will countersign a replacement Warrant. Every replacement Warrant is an additional obligation of the Company and entitled to the benefits of this the Warrant Agreement. If required by the Warrant Agent or the CompanyAgent, an indemnity bond must be furnished by the Holder that is sufficient in the judgment of (i) the Warrant Agent to protect both the Warrant Agent and (ii) the Company to protect the Company and the Warrant Agent from any loss they may suffer if a Warrant is replaced. The Company may charge the Holder for the expenses of the Company and the Warrant Agent in replacing a Warrant.

Appears in 2 contracts

Samples: Warrant Agreement (Goodrich Petroleum Corp), Warrant Agreement (Goodrich Petroleum Corp)

Replacement Warrants. If a mutilated or defaced Warrant is surrendered to the Warrant Agent or if a Holder claims that its Warrant has been lost, destroyed or wrongfully taken, the Company will issue and the Warrant Agent will countersign a replacement Warrant. Every replacement Warrant is an additional obligation of the Company and entitled to the benefits of this the Warrant Agreement. If required by the Warrant Agent or the Company, an indemnity must be furnished by the Holder that is sufficient in the reasonable judgment of (i) the Warrant Agent to protect both the Warrant Agent and (ii) the Company to protect the Company and the Warrant Agent from any loss they may suffer if a Warrant is replaced. The Company may charge the Holder for the reasonable expenses of the Company and the Warrant Agent in replacing a Warrant.

Appears in 1 contract

Samples: Warrant Agreement (Synutra International, Inc.)

Replacement Warrants. If a mutilated Warrant is surrendered to the Warrant Agent or if a Holder claims delivers to the Company a sworn affidavit that its Warrant has been lost, destroyed or wrongfully taken, the Company will issue and the Warrant Agent will countersign a replacement Warrant. Every replacement Warrant is an additional obligation of the Company and entitled to the benefits of this Agreement. If required by the Warrant Agent or the Company, an indemnity must be furnished by the Holder that is sufficient in the judgment of (i) the Warrant Agent to protect both the Warrant Agent and (ii) the Company to protect the Company and the Warrant Agent from any loss they may suffer if a Warrant is replaced. The Company may charge the Holder for the expenses of the Company and the Warrant Agent in replacing a Warrant.

Appears in 1 contract

Samples: Series a Warrant Agreement (Conseco Inc)

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Replacement Warrants. If a mutilated Warrant is surrendered to the Warrant Agent or if a Holder claims that its Warrant has been lost, destroyed or wrongfully taken, the Company will issue and the Warrant Agent will countersign a replacement Warrant. Every replacement Warrant is an additional obligation of the Company and entitled to the benefits of this the Warrant Agreement. If required by the Warrant Agent or the Company, an indemnity must be furnished by the Holder that is sufficient in the judgment of (i) the Warrant Agent to protect the Warrant Agent and (ii) the Company to protect the Company and the Warrant Agent from any loss they may suffer if a Warrant is replaced. The Company may charge the Holder for the expenses of the Company and the Warrant Agent in replacing a Warrant.

Appears in 1 contract

Samples: Warrant Agreement (IPMT Transport, LLC)

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