Common use of Replacement of Warrant Certificates Clause in Contracts

Replacement of Warrant Certificates. (a) Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of a Warrant Certificate and, in the case of loss, theft or destruction, upon delivery of an indemnity agreement (with or without a bond, in the discretion of the Company, reasonably satisfactory to the Company), the Company shall issue and deliver to the Holder or his duly authorized assigns, one or more new Warrant Certificates of like tenor and in like aggregate amount.

Appears in 16 contracts

Samples: Director Warrant Agreement (Maverick Bancshares, Inc.), Shareholder Warrant Agreement (Semoran Financial CORP), Director Warrant Agreement (Semoran Financial CORP)

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Replacement of Warrant Certificates. (a) Upon receipt of evidence reasonably satisfactory to the Company Bank of the loss, theft, destruction or mutilation of a Warrant Certificate and, in the case of loss, theft or destruction, upon on delivery of an indemnity agreement (with or without a bondreasonably satisfactory in form and amount to the Bank or, in the discretion case of the Companymutilation, reasonably satisfactory to the Company)surrender and cancellation of such Warrant Certificate, the Company Bank shall issue and deliver to the Holder or his duly authorized assigns, one or more new Warrant Certificates of like tenor and in like aggregate amount.

Appears in 1 contract

Samples: Stock Warrant Agreement (BankUnited, Inc.)

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