Additional Warrant Agents Sample Clauses
Additional Warrant Agents. Whenever the Company shall appoint a warrant agent other than the Warrant Agent with respect to the Universal Warrants of any series, it will cause such warrant agent to execute and deliver to the Warrant Agent an instrument in which such agent shall agree with the Warrant Agent, subject to the provisions of this Section,
(a) that it will hold all Warrant Property received by it as such agent for any payment with respect to the Universal Warrants of such series in trust for the benefit of the Warrantholders of such series if any, or of the Warrant Agent, and
(b) that it will give the Warrant Agent notice of any failure by the Company to make any payment with respect to the Universal Warrants of such series when the same shall be due and payable. The Company will, on or prior to each date of any payment of Universal Warrants of any such series, deposit with the Warrant Agent or any such additional warrant agent a sum sufficient to make such payment, and the Company will promptly notify the Warrant Agent of any failure to take such action with respect to any such additional warrant agent.
Additional Warrant Agents. 12 Section 1.10. Appointment of Calculation Agents..............................12
Additional Warrant Agents. The Company may designate one or more corporations as a successor Warrant Agent, or as additional Warrant Agents to perform, either jointly or in place of the Company.
Additional Warrant Agents. The Company may designate one or more corporations satisfying the qualifications for a successor Warrant Agent as set forth in Section 5.01 as additional Warrant Agents to perform, either jointly or in place of the Warrant Agent, such functions as may be specified in written notice of such designation filed with the Warrant Agent, which notice shall include acceptance by such additional Warrant Agent(s) of such functions.
Additional Warrant Agents. 11 Section 5.03 Compensation..................................... 11 Section 5.04 Responsibility and Indemnity..................... 12 Section 5.05
Additional Warrant Agents. Whenever the Company shall appoint a warrant agent other than the Warrant Agent with respect to the Warrants of any series, it will cause such warrant agent to execute and deliver to the Warrant Agent an instrument in which such agent shall agree with the Warrant Agent, subject to the provisions of this Section, that it will give the Warrant Agent notice of any failure by the Company to make any payment with respect to the Warrants of such series when the same shall be due and payable. If the Company has appointed a warrant agent other than the Warrant Agent with respect to a series of Warrants, the Company will, on or prior to each date of any payment of Warrants of any such series, deposit with the such additional warrant agent a sum sufficient to make such payment and will promptly notify the Warrant Agent of any failure to take such action with respect to any such additional warrant agent.
Additional Warrant Agents. The Company may designate one ------------------------- or more corporations as a successor Warrant Agent, or as additional Warrant Agents to perform, either jointly or in place of the Company.
Additional Warrant Agents. Whenever the Company shall appoint a warrant agent other than the Warrant Agent with respect to the Warrants of any series, it will cause such warrant agent to execute and deliver to the Warrant Agent an instrument in which such agent shall agree with the Warrant Agent, subject to the provisions of this Section,
(a) that it will hold all Warrant Property received by it as such agent for any payment with respect to the Warrants of such series in trust for the benefit of the Warrantholders of such series if any, or of the Warrant Agent, and
(b) that it will give the Warrant Agent notice of any failure by the Company to make any payment or delivery with respect to the Warrants of such series when the same shall be due and payable. The Company will, on or prior to each date of any payment of Warrants of any such series or delivery of Warrant Property, deposit with the Warrant Agent or any such additional warrant agent a sum sufficient to make such payment or sufficient Warrant Property required to make such delivery, and the Company will promptly notify the Warrant Agent of any failure to take such action with respect to any such additional warrant agent. The Warrant Agent shall have no duty to supervise, and in no event shall be liable for, the acts or omissions of any such co- Warrant Agent.