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

Mutilated, Destroyed, Lost or Stolen Warrant Certificates. Upon receipt by the Company and the Warrant Agent (i) of evidence reasonably satisfactory to them of the ownership of and the loss, theft, destruction or mutilation of any Warrant Certificate, and (ii) in the case of loss, theft or destruction, of indemnity or security reasonably satisfactory to them, and reimbursement to them of all reasonable expenses incidental thereto, and, (iii) in the case of mutilation, upon surrender and cancellation of the Warrant Certificate, then: the Warrant Agent shall countersign and deliver a new Warrant Certificate of like tenor for the same number of Warrants.

Appears in 6 contracts

Samples: Warrant Agreement (Progenitor Inc), Warrant Agreement (Progenitor Inc), Warrant Agreement (Progenitor Inc)

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