Common use of Loss or Destruction of Warrant Clause in Contracts

Loss or Destruction of Warrant. Upon receipt by the Corporation of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and (in the case of loss, theft or destruction) of any indemnification agreement reasonably satisfactory to the Corporation and (in the case of mutilation) upon surrender and cancellation of this Warrant, the Corporation shall execute and deliver a new Warrant Certificate of like tenor and date. The Corporation agrees that in the case of the original Holder of this Warrant, a written agreement of indemnity given by such original Holder alone shall be satisfactory to the Corporation and no further bond, backstop or security shall be required.

Appears in 3 contracts

Samples: Choice One Communications Inc, Choice One Communications Inc, Choice One Communications Inc

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Loss or Destruction of Warrant. Upon receipt by the Corporation of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and (in the case of loss, theft or destruction) of any indemnification agreement reasonably satisfactory to the Corporation and (in the case of mutilation) upon surrender and cancellation of this Warrant, the Corporation shall execute and deliver a new Warrant Certificate certificate of like tenor and date. The Corporation agrees that in the case of the original Holder of this Warrant, a written agreement of indemnity given by such original Holder alone shall be satisfactory to the Corporation and no further bond, backstop or security shall be required.

Appears in 3 contracts

Samples: Registration Rights Agreement (Choice One Communications Inc), Choice One Communications Inc, Choice One Communications Inc

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