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

Lost, Stolen, Mutilated, or Destroyed Warrants. If any Warrant is lost, stolen, mutilated, or destroyed, the Company or the Warrant Agent may require the Holder to furnish a bond of indemnity and/or an affidavit of loss in form satisfactory to the Warrant Agent and the Company before issuing a new Warrant to the Holder. Subject to the preceding sentence, and any other condition which the Warrant Agent or the Company may otherwise impose at their discretion (which shall, in the case of a mutilated Warrant, include the surrender thereof), the Company and the Warrant Agent may issue a new Warrant of like denomination, tenor, and date as the Warrant so lost, stolen, mutilated, or destroyed. Any such new Warrant shall constitute a substitute contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated, or destroyed Warrant shall be at any time enforceable by anyone.

Appears in 8 contracts

Samples: Warrant Agreement (Xtant Medical Holdings, Inc.), Form of Warrant Agreement (Onconova Therapeutics, Inc.), Warrant Agency Agreement (Giggles N' Hugs, Inc.)

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Lost, Stolen, Mutilated, or Destroyed Warrants. If any Warrant is lost, stolen, mutilated, or destroyed, the Company or and the Warrant Agent may require the Holder on such terms as to furnish a bond of indemnity and/or an affidavit of loss or otherwise as they may in form satisfactory to the Warrant Agent and the Company before issuing a new Warrant to the Holder. Subject to the preceding sentence, and any other condition which the Warrant Agent or the Company may otherwise impose at their discretion impose (which shall, in the case of a mutilated Warrant, include the surrender thereofthereof and for those Warrants alleged to have been lost, stolen or destroyed, upon receipt by Warrant Agent of an open penalty surety bond satisfactory to it and holding it and Company harmless), the Company and the absent notice to Warrant Agent may that such Warrant has been acquired by a bona fide purchaser, issue a new Warrant of like denomination, tenor, and date as the Warrant so lost, stolen, mutilated, or destroyed. Any such new Warrant shall constitute a substitute contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated, or destroyed Warrant shall be at any time enforceable by anyone.

Appears in 3 contracts

Samples: Warrant Agreement (Forest Acquisition Corp.), Warrant Agreement (Forest Acquisition Corp.), Warrant Agreement (Forest Acquisition Corp.)

Lost, Stolen, Mutilated, or Destroyed Warrants. If any Warrant is lost, stolen, mutilated, or destroyed, the Company or the Warrant Agent may require the Holder to furnish a bond of indemnity and/or an affidavit of loss in form satisfactory to the Warrant Agent and the Company before issuing a new Warrant to the Holder. Subject to the preceding sentence, and any other condition which the Warrant Agent or the Company may otherwise impose at their discretion (which shall, in the case of a mutilated Warrant, include the surrender thereof), the Company and the Warrant Agent may issue a new Warrant of like denomination, tenor, and date as the Warrant so lost, stolen, mutilated, or destroyed, upon receipt by Warrant Agent of an open penalty surety bond satisfactory to it and holding it and the Company harmless, absent notice to Warrant Agent that such certificates have been acquired by a bona fide purchaser, or on such terms as to indemnity satisfactory to each of them or otherwise as they may in their discretion impose (which shall, in the case of a mutilated Warrant, include the surrender thereof). Any such new Warrant shall constitute a substitute contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated, or destroyed Warrant shall be at any time enforceable by anyone.

Appears in 2 contracts

Samples: Warrant Agreement (AxonPrime Infrastructure Acquisition Corp), Warrant Agreement (AxonPrime Infrastructure Acquisition Corp)

Lost, Stolen, Mutilated, or Destroyed Warrants. If any Warrant is lost, stolen, mutilated, mutilated or destroyed, the Company or and the Warrant Agent may, absent notice to Warrant Agent that such certificates have been acquired by a bona fide purchaser, on such terms as to indemnity or otherwise as they may require in their discretion impose (which terms shall in all cases include posting of an open penalty surety bond by or on behalf of the Registered Holder to furnish a bond of indemnity and/or an affidavit of loss in form satisfactory to the Warrant Agent and the Company before issuing a new Warrant to the Holder. Subject to the preceding sentence, and any other condition which holding the Warrant Agent or and the Company may otherwise impose at their discretion (which shallharmless, and in the case of a mutilated Warrant, include the surrender thereof), the Company and the Warrant Agent may issue a new Warrant of like denomination, tenor, tenor and date as the Warrant so lost, stolen, mutilated, mutilated or destroyed. Any such new Warrant shall constitute a substitute contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated, mutilated or destroyed Warrant shall be at any time enforceable by anyone.

Appears in 1 contract

Samples: Warrant Agent Agreement (Biostage, Inc.)

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Lost, Stolen, Mutilated, or Destroyed Warrants. If any Warrant is lost, stolen, mutilated, or destroyed, the Company or the Warrant Agent may will require the Holder to furnish a bond of indemnity and/or an affidavit of loss in form satisfactory to the Warrant Agent and the Company before issuing a new Warrant to the Holder. Subject to the preceding sentence, and any other condition which the Warrant Agent or the Company may otherwise impose at their discretion (which shall, in the case of a mutilated Warrant, include the surrender thereof), the Company and the Warrant Agent may issue a new Warrant of like denomination, tenor, and date as the Warrant so lost, stolen, mutilated, or destroyed. Any such new Warrant shall constitute a substitute contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated, or destroyed Warrant shall be at any time enforceable by anyone.

Appears in 1 contract

Samples: Warrant Agreement (Onconova Therapeutics, Inc.)

Lost, Stolen, Mutilated, or Destroyed Warrants. If any Warrant is lost, stolen, mutilated, mutilated or destroyed, the Company or and the Warrant Agent may require the Holder may, absent notice to furnish a bond of indemnity and/or an affidavit of loss in form satisfactory to the Warrant Agent and that such certificates have been acquired by a bona fide purchaser, on such terms as to indemnity or otherwise as they may in their discretion impose (which terms shall in all cases include posting of a lost security bond by or on behalf of the Company before issuing a new Warrant to the Registered Holder. Subject to the preceding sentence, and any other condition which the Warrant Agent or the Company may otherwise impose at their discretion (which shall, in the case of a mutilated Warrant, include the surrender thereof), ) and reimbursement to the Company and the Warrant Agent may of all reasonable expenses incidental thereto, issue a new Warrant of like denomination, tenor, tenor and date as the Warrant so lost, stolen, mutilated, mutilated or destroyed. Any such new Warrant shall constitute a substitute contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated, mutilated or destroyed Warrant shall be at any time enforceable by anyone.

Appears in 1 contract

Samples: Warrant Agent Agreement (Lixte Biotechnology Holdings, Inc.)

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