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

Lost, Stolen, Mutilated, or Destroyed Warrants. If this Warrant shall become lost, stolen, mutilated or destroyed the Company shall issue a new warrant of like denomination, tenor and date as this Warrant upon its receipt from the Holder of reasonably satisfactory evidence of such event and assurances that the Holder will indemnify the Company on account of any loss incurred by the Company which is occasioned by such event. Any such new warrant shall constitute an original 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 7 contracts

Samples: Warrant Purchase Agreement (Tweeter Home Entertainment Group Inc), Tweeter Home Entertainment Group Inc, Tweeter Home Entertainment Group Inc

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Lost, Stolen, Mutilated, or Destroyed Warrants. If this Warrant shall become lost, stolen, mutilated or destroyed destroyed, the Company shall shall, on such terms as to indemnity or otherwise as it may in its discretion impose, issue a new warrant of like denomination, tenor tenor, and date as this Warrant upon its receipt from the Holder of reasonably satisfactory evidence of such event and assurances that the Holder will indemnify the Company on account of any loss incurred by the Company which is occasioned by such eventwarrant so lost, stolen, mutilated or destroyed. Any such new warrant shall constitute an original contractual obligation of the Company Company, whether or not the allegedly lost, stolen, mutilated or destroyed warrant shall be at any time enforceable by anyone.

Appears in 4 contracts

Samples: Precision Therapeutics Inc, Precision Therapeutics Inc, Precision Therapeutics Inc

Lost, Stolen, Mutilated, or Destroyed Warrants. If this Warrant shall become lost, stolen, mutilated or destroyed the Company shall issue a new warrant of like denomination, tenor and date as this Warrant upon its receipt from the Holder of reasonably satisfactory evidence of such event and assurances that the Holder will indemnify the Company on account of any loss incurred by the Company which is occasioned by such event. event Any such new warrant shall constitute an original 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: Tweeter Home Entertainment Group Inc

Lost, Stolen, Mutilated, or Destroyed Warrants. If this Warrant shall --------------------------------------------- become lost, stolen, mutilated or destroyed destroyed, the Company shall shall, on such terms as it may in its discretion impose (including terms providing for appropriate indemnification of the Company by the holder of this Warrant), issue a new warrant of like denomination, tenor tenor, and date as this Warrant upon its receipt from the Holder of reasonably satisfactory evidence of such event and assurances that the Holder will indemnify the Company on account of any loss incurred by the Company which is occasioned by such eventwarrant so lost, stolen, mutilated or destroyed. Any such new warrant shall constitute an original contractual obligation of the Company 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: Registration Rights Agreement (Applied Cellular Technology Inc)

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Lost, Stolen, Mutilated, or Destroyed Warrants. If this Warrant shall become lost, stolen, mutilated or destroyed the Company shall issue a new warrant of like denomination, tenor and date as this Warrant upon its receipt from the Holder of reasonably satisfactory evidence of such event and assurances that the Holder will indemnify indemnify, the Company on account of any loss incurred by the Company which is occasioned by such event. Any such new warrant shall constitute an original contractual obligation of the Company whether or not the allegedly lost, stolen, mutilated or destroyed warrant shall shall. be at any time enforceable by anyone.

Appears in 1 contract

Samples: Tweeter Home Entertainment Group Inc

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