Common use of Loss, etc., of Warrant Clause in Contracts

Loss, etc., of Warrant. Upon (i) receipt of evidence satisfactory to the Company, of the loss, theft, destruction or mutilation of the Warrant; (ii) receipt of indemnity reasonably satisfactory to the Company, if the Warrant is lost, stolen, or destroyed; (iii) reimbursement to the Company of all reasonable expenses incidental thereto; (iv) placement of a bond and indemnity satisfactory in form and substance to the Company; and (v) surrender and cancellation of the Warrant, if mutilated, the Company shall execute and deliver to the Holder new Warrant of like date, tenor and denomination.

Appears in 5 contracts

Samples: Warrant Agreement (Tor Minerals International Inc), Warrant Agreement (Tor Minerals International Inc), Warrant Agreement (Tor Minerals International Inc)

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