Common use of Loss, Theft, Destruction or Mutilation Clause in Contracts

Loss, Theft, Destruction or Mutilation. In case this Warrant shall become mutilated or defaced or be destroyed, lost or stolen, the Company shall execute and deliver a new Warrant in exchange for and upon surrender and cancellation of such mutilated or defaced Warrant or in lieu of and in substitution for such warrant so destroyed, lost, or stolen, upon the Holder of such Warrant filing with the Company such evidence satisfactory to it that such Warrant has been so mutilated, defaced, destroyed, lost or stolen and of the ownership thereof by the Holder; provided, however, that the Company shall be entitled, as a condition to the execution and delivery of such new Warrant, to demand indemnity satisfactory to it and payment of expenses and charges incurred in connection with the delivery of such new Warrant, and may demand a bond from the Holder. Any Warrant so surrendered to the Company shall be canceled.

Appears in 6 contracts

Samples: Ip Voice Com Inc, Clements Golden Phoenix Enterprises Inc, Clements Golden Phoenix Enterprises Inc

AutoNDA by SimpleDocs

Loss, Theft, Destruction or Mutilation. In case this Warrant shall become mutilated or defaced or be destroyed, lost or stolen, the Company shall execute and deliver a new Warrant in exchange for and upon surrender and cancellation of such mutilated or defaced Warrant or in lieu of and in substitution for of such warrant Warrant so destroyed, lost, lost or stolen, upon the Holder of such Warrant filing with the Company such evidence satisfactory to it that such Warrant has been so mutilated, defaced, destroyed, lost or stolen and of the ownership thereof by the Holder; provided, however, that the Company shall be entitled, as a condition to the execution and delivery of such new Warrant, to demand indemnity satisfactory to it and payment of expenses and charges incurred in connection with the delivery of such new Warrant, and may demand a except that no bond shall be required from the Holder. Any Warrant All Warrants so surrendered to the Company shall be canceled.

Appears in 4 contracts

Samples: World Callnet Inc, World Callnet Inc, World Callnet Inc

Loss, Theft, Destruction or Mutilation. In case this Warrant shall become mutilated or defaced or be destroyed, lost or stolen, the Company shall execute and deliver a new Warrant in exchange for and upon surrender and cancellation of such mutilated or defaced Warrant or in lieu of and in substitution for such warrant Warrant so destroyed, lost, lost or stolen, upon the Holder of such Warrant filing with the Company such evidence satisfactory to it that such Warrant has been so mutilated, defaced, destroyed, lost or stolen and of the ownership thereof by the Holder; provided, however, that the Company shall be entitled, as a condition to the execution and delivery of such new Warrant, to demand indemnity satisfactory to it and payment of expenses and charges incurred in connection with the delivery of such new Warrant, and may demand a bond from the Holder. Any Warrant All Warrants so surrendered to the Company shall be canceled.

Appears in 3 contracts

Samples: Warrant (Enhance Biotech Inc), Warrant (Enhance Biotech Inc), Netamerica Com Corp

Loss, Theft, Destruction or Mutilation. In case this the Warrant shall become mutilated or defaced or be destroyed, lost or stolen, the Company shall execute and deliver a new Warrant warrant (i) in exchange for and upon surrender and cancellation of such mutilated or defaced Warrant warrant or (ii) in lieu of and in substitution for such warrant so destroyed, lost, or stolen, upon the Holder of such Warrant warrant filing with the Company such evidence satisfactory to it that such Warrant warrant has been so mutilated, defaced, destroyed, lost or stolen and of the ownership thereof by the Holder; provided, however, that that, in either case, the Company shall be entitled, as a condition to the execution and delivery of such new Warrantwarrant, to demand indemnity satisfactory to it and payment of expenses and charges incurred in connection with the delivery of such new Warrantwarrant, and may demand a bond from the Holder. Any Warrant warrant so surrendered to the Company shall be canceled.

Appears in 2 contracts

Samples: Warrant Agreement (National Boston Medical Inc), Warrant Agreement (National Boston Medical Inc)

Loss, Theft, Destruction or Mutilation. In case this Warrant shall become mutilated or defaced or be destroyed, lost or stolen, the Company shall execute and deliver a new Warrant in exchange for and upon surrender and cancellation of such mutilated or defaced Warrant or in lieu of and in substitution for such warrant Warrant so destroyed, lost, lost or stolen, upon the Holder of such Warrant warrant filing with the Company such evidence satisfactory to it that such Warrant has been so mutilated, defaced, destroyed, lost or stolen and of the ownership thereof by the Holder; provided, however, that the Company shall be entitled, as a condition to the execution and delivery of such new Warrant, to demand indemnity satisfactory to it and payment of expenses and charges incurred in connection with the delivery of such new Warrant, and may demand a bond from the Holder. Any Warrant All Warrants so surrendered to the Company shall be canceled.

Appears in 2 contracts

Samples: Access Health Alternatives Inc, Access Health Alternatives Inc

AutoNDA by SimpleDocs

Loss, Theft, Destruction or Mutilation. In case this Warrant shall become mutilated or defaced or be destroyed, lost or stolen, the Company shall execute and deliver a new Warrant in exchange for and upon surrender and cancellation of such mutilated or defaced Warrant or in lieu of and in substitution for of such warrant Warrant so destroyed, lost, lost or stolen, upon the Holder of such Warrant filing with the Company such evidence satisfactory to it that such Warrant has been so mutilated, defaced, destroyed, lost or stolen and of the ownership thereof by the Holder; provided, however, that the Company shall be entitled, as a condition to the execution and delivery of such new Warrant, to demand indemnity satisfactory to it and payment of expenses and charges incurred in connection with the delivery of such new Warrant, and may demand a except that no bond shall be required from the Holder. Any Warrant All Warrants so surrendered to the Company shall be canceled.

Appears in 1 contract

Samples: World Callnet Inc

Loss, Theft, Destruction or Mutilation. In case this Warrant the Warrants shall become mutilated or defaced or be destroyed, lost or stolen, the Company shall execute and deliver a new Warrant warrant (i) in exchange for and upon surrender and cancellation of such mutilated or defaced Warrant warrant or (ii) in lieu of and in substitution for such warrant so destroyed, lost, or stolen, upon the Holder of such Warrant warrant filing with the Company such evidence satisfactory to it that such Warrant warrant has been so mutilated, defaced, destroyed, lost or stolen and of the ownership thereof by the Holder; provided, however, that that, in either case, the Company shall be entitled, as a condition to the execution and delivery of such new Warrantwarrant, to demand indemnity satisfactory to it and payment of expenses and charges incurred in connection with the delivery of such new Warrantwarrant, and may demand a bond from the Holder. Any Warrant warrant so surrendered to the Company shall be canceled.

Appears in 1 contract

Samples: Warrant Agreement (Environmental Remediation Holding Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.