Common use of Lost, Stolen, Mutilated, or Destroyed Warrants Clause in Contracts

Lost, Stolen, Mutilated, or Destroyed Warrants. If this Warrant shall be mutilated, lost, stolen or destroyed, upon request by the registered Holder of the Warrant, the Company will issue, in exchange for and upon cancellation of the mutilated Warrant, or in substitution for the lost, stolen or destroyed Warrant, a new Warrant, in substantially the form of this Warrant, of like tenor and representing the right to purchase the equivalent number of the remaining shares of Common Stock issuable upon exercise hereof, but, in the case of loss, theft or destruction, only upon receipt of evidence satisfactory to the Company of such loss, theft or destruction of this Warrant and, if requested by the Company, an indemnification also satisfactory to it (it being understood that the written agreement of the initial Holder shall be sufficient indemnity), provided, in the case of mutilation, no indemnity shall be required if this Warrant in identifiable form is surrendered to the Company for cancellation.

Appears in 5 contracts

Samples: Cytrx Corp, Cytrx Corp, Cytrx Corp

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Lost, Stolen, Mutilated, or Destroyed Warrants. If this any Warrant shall be mutilated, is lost, stolen stolen, mutilated or destroyed, upon request by the registered Holder of the Warrant, the Company will issue, and the Warrant Agent may on such terms as to indemnity or otherwise as they may in exchange for and upon cancellation of the mutilated Warrant, or in substitution for the lost, stolen or destroyed Warrant, a new Warrant, in substantially the form of this Warrant, of like tenor and representing the right to purchase the equivalent number of the remaining shares of Common Stock issuable upon exercise hereof, buttheir discretion impose (which shall, in the case of lossa mutilated Warrant, theft include the surrender thereof), issue a new Warrant of like denomination, tenor and date as the Warrant so lost, stolen, mutilated or destructiondestroyed, but only upon receipt of evidence reasonable satisfactory to the Company of such loss, theft or destruction of this such Warrant andand indemnity or bond, if requested by requested, also reasonably satisfactory to the Company. Any such new Warrant shall constitute a substitute contractual obligation of the Company, an indemnification also satisfactory to it (it being understood that whether or not the written agreement of allegedly lost, stolen, mutilated or destroyed Warrant shall be at any time enforceable by anyone. In such event, the initial Registered Holder shall be sufficient indemnity), provided, in the case of mutilation, no indemnity shall be required if this Warrant in identifiable form is surrendered to also comply with such other reasonable regulations and pay such other reasonable charges as the Company for cancellationmay prescribe.

Appears in 3 contracts

Samples: Warrant Agreement (Lilium N.V.), Warrant Agreement (Lilium N.V.), Warrant Agreement (Lilium N.V.)

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Lost, Stolen, Mutilated, or Destroyed Warrants. If this Warrant shall be is lost, stolen, mutilated, lost, stolen or destroyed, upon request by the registered Holder of the Warrant, the Company will issue, in exchange for and upon cancellation of the mutilated Warrant, or in substitution for the lost, stolen or destroyed Warrant, a new Warrant, in substantially the form of this Warrant, of like tenor and representing the right to purchase the equivalent number of the remaining shares of Common Stock issuable upon exercise hereof, but, in the case of loss, theft or destruction, only upon receipt of evidence satisfactory to the Company of such loss, theft or destruction of this Warrant and, if requested by the Company, an indemnification also satisfactory to it (it being understood that the written agreement of the initial Holder shall be sufficient indemnity), provided, in the case of mutilation, no indemnity shall be required if this Warrant in identifiable form is surrendered to the Company for cancellation.

Appears in 2 contracts

Samples: Promissory Note Restructuring Agreement (Vsi Enterprises Inc), Henley Healthcare Inc

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