Common use of Replacements of Warrants Clause in Contracts

Replacements of Warrants. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction, or mutilation of this Warrant, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it, and upon surrender and cancellation of this Warrant, if mutilated, the Company will make and deliver a new Warrant of like tenor, in lieu of this Warrant.

Replacements of Warrants. Upon On receipt by the Company of evidence reasonably satisfactory to it the Company of the loss, theft, destruction, destruction or mutilation of this Warrant, Warrant and, in the case of loss, theft or destruction, on delivery of an indemnity or security agreement reasonably satisfactory in form and amount to itthe Company or, and upon in the case of mutilation, or surrender and cancellation of this Warrant, if mutilated, the Company will make at its expense shall execute and deliver a new Warrant of like tenordeliver, in lieu of this Warrant, a new warrant of like tenor.