Common use of Assignment or Loss of Warrant Clause in Contracts

Assignment or Loss of Warrant. (a) This Warrant is not assignable or transferable without the written consent of the Company, except by operation of law or as provided in (b) below. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and (in the case of loss, theft or destruction) receipt of reasonably satisfactory indemnification, and (in the case of mutilation) upon surrender and cancellation of this Warrant, the Company will execute and deliver a new Warrant of like tenor and date and any such lost, stolen, destroyed or mutilated Warrant shall thereupon become void.

Assignment or Loss of Warrant. (a) This Warrant is not assignable or transferable without the written consent of the Company, except by operation of law or as provided in (b) belowlaw. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and (in the case of loss, theft or destruction) receipt of reasonably satisfactory indemnification, and (in the case of mutilation) upon surrender and cancellation of this Warrant, the Company will execute and deliver a new Warrant of like tenor and date and any such lost, stolen, destroyed or mutilated Warrant shall thereupon become void.