Common use of Issue in Substitution for Lost Certificates Clause in Contracts

Issue in Substitution for Lost Certificates. (1) If a Warrant Certificate becomes mutilated or is lost, destroyed or stolen, upon the instructions of the holder thereof, the Corporation, subject to subsection (2), will issue and thereupon the Warrant Agent will countersign or certify and deliver a new certificate of like tenor as the one mutilated, lost, destroyed or stolen in exchange for and in place of and on surrender and cancellation of the mutilated certificate or in lieu of and in substitution for the lost, destroyed or stolen certificate, and the substituted Warrant Certificate shall entitle the holder thereof to the same rights and benefits as the certificate being replaced.

Issue in Substitution for Lost Certificates. (1) If a Warrant Certificate becomes mutilated or is lost, destroyed or stolen, upon the instructions of the holder thereofCompany, the Corporation, subject to applicable law and subject to subsection (2), will issue and thereupon the Warrant Agent will countersign or certify and deliver a new certificate of like denomination, date and tenor as the one mutilated, lost, destroyed or stolen in exchange for and in place of and on surrender and cancellation of the mutilated certificate or in lieu of and in substitution for the lost, destroyed or stolen certificate, and the substituted Warrant Certificate shall entitle the holder thereof to the same rights and benefits and will bear the same legends, if any, as the certificate being replacedreplaced and shall rank equally in accordance with its terms with all other Warrant Certificates issued or to be issued hereunder.

Issue in Substitution for Lost Certificates. (1) If a Warrant Certificate becomes mutilated or is lost, destroyed or stolen, upon the instructions of the holder thereofCompany, the Corporation, subject to applicable law and subject to subsection (2), will issue and thereupon the Warrant Agent will countersign or certify and deliver a new certificate of like denomination, date and tenor as the one mutilated, lost, destroyed or stolen in exchange for and in place of and on surrender and cancellation of the mutilated certificate or in lieu of and in substitution for the lost, destroyed or stolen certificate, and the substituted Warrant Certificate shall entitle the holder thereof to the same rights and benefits and will bear the same legends, if any, as the certificate being replacedreplaced and shall rank equally in accordance with its terms with all other Warrant Certificates issued or to be issued hereunder.