Common use of Lost Certificate Clause in Contracts

Lost Certificate. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Purchase Option and of reasonably satisfactory indemnification or the posting of a bond, the Company shall execute and deliver a new Purchase Option of like tenor and date. Any such new Purchase Option executed and delivered as a result of such loss, theft, mutilation or destruction shall constitute a substitute contractual obligation on the part of the Company.

Appears in 290 contracts

Sources: Underwriting Agreement (Scopus BioPharma Inc.), Purchase Option Agreement (AeroClean Technologies, LLC), Purchase Option Agreement (Scopus BioPharma Inc.)

Lost Certificate. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Purchase Option and of reasonably satisfactory indemnification or the posting of a bondindemnification, the Company shall execute and deliver a new Purchase Option of like tenor and date. Any such new Purchase Option executed and delivered as a result of such loss, theft, mutilation or destruction shall constitute a substitute contractual obligation on the part of the Company.

Appears in 27 contracts

Sources: Purchase Option Agreement (Gigabeam Corp), Purchase Option Agreement (Gigabeam Corp), Purchase Option Agreement (Fuwei Films (Holdings), Co. Ltd.)

Lost Certificate. Upon receipt by the Company of evidence ---------------- satisfactory to it of the loss, theft, destruction or mutilation of this Purchase Option and of reasonably satisfactory indemnification or the posting of a bondindemnification, the Company shall execute and deliver a new Purchase Option of like tenor and date. Any such new Purchase Option executed and delivered as a result of such loss, theft, mutilation or destruction shall constitute a substitute contractual obligation on the part of the Company.

Appears in 1 contract

Sources: Purchase Option Agreement (Specialty Catalog Corp)

Lost Certificate. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Purchase Option and of reasonably satisfactory indemnification or the posting of a bond, the Company shall execute and deliver a new Purchase Option of like tenor and date. Any such new Purchase Option option executed and delivered as a result of such loss, theft, mutilation or destruction shall constitute a substitute contractual obligation on the part of the Company.

Appears in 1 contract

Sources: Purchase Option Agreement (Harbor Acquisition Corp.)