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Common use of Substitution Clause in Contracts

Substitution. Upon receipt by the Corporation of evidence satisfactory (in the exercise of reasonable discretion) to it of the ownership of and the loss, theft or destruction or mutilation of the Warrant, and (in the case or loss, theft or destruction) of indemnity satisfactory (in the exercise of reasonable discretion) to it, and (in the case of mutilation) upon the surrender and cancellation thereof, the Corporation will issue and deliver, in lieu thereof, a new Warrant of like tenor.

Appears in 52 contracts

Samples: Warrant Agreement (Innovative Payment Solutions, Inc.), Warrant Agreement (Youngevity International, Inc.), Warrant Agreement (Youngevity International, Inc.)

Substitution. Upon receipt by the Corporation of evidence satisfactory (in the exercise of reasonable discretion) to it of the ownership of and the loss, theft or destruction or mutilation of the Warrant, and (in the case or loss, theft or destruction) of indemnity satisfactory (in the exercise of reasonable discretion) to it, and (in the case of mutilation) upon the surrender and cancellation thereof, the Corporation will issue and deliver, in lieu thereof, a new Warrant of like tenor. 11.

Appears in 3 contracts

Samples: Investor Relations Program Agreement (Sunrise Usa Inc), Investor Relations Program Agreement (Sunrise Usa Inc), Investor Relations Program Agreement (Sunrise Usa Inc)

Substitution. Upon receipt by the Corporation of evidence ------------ satisfactory (in the exercise of reasonable discretion) to it of the ownership of and the loss, theft or destruction or mutilation of the Warrant, and (in the case or loss, theft or destruction) of indemnity satisfactory (in the exercise of reasonable discretion) to it, and (in the case of mutilation) upon the surrender and cancellation thereof, the Corporation will issue and deliver, in lieu thereof, a new Warrant of like tenor.

Appears in 1 contract

Samples: Warrant Agreement (Eastwind Group Inc)

Substitution. Upon receipt by the Corporation of evidence satisfactory (in the exercise of reasonable discretion) to it of the ownership of and the loss, theft or destruction or mutilation of the this Warrant, and (in the case or loss, theft or destruction) of indemnity satisfactory (in the exercise of reasonable discretion) to it, and (in the case of mutilation) upon the surrender and cancellation thereof, the Corporation will issue and deliver, in lieu thereof, a new Warrant of like tenor.

Appears in 1 contract

Samples: Warrant Agreement (Youngevity International, Inc.)

Substitution. Upon receipt by the Corporation Company of evidence satisfactory (in the exercise of reasonable discretion) to it of the ownership of and the loss, theft or destruction or mutilation of the Warrant, and (in the case or loss, theft or destruction) of indemnity satisfactory (in the exercise of reasonable discretion) to it, and (in the case of mutilation) upon the surrender and cancellation thereof, the Corporation Company will issue and deliver, in lieu thereof, a new Warrant of like tenor.

Appears in 1 contract

Samples: Warrant Agreement (pSivida LTD)