Common use of Assignment or Loss of Warrant Clause in Contracts

Assignment or Loss of Warrant. The Warrants are exchangeable, without expense, at the option of the Holder, upon presentation and surrender of the Warrant Certificates evidencing such Warrants to the Company at its office or at the office of its stock transfer agent, if any, for other Warrants of different denominations entitling the Holder thereof to purchase in the aggregate the same number of shares of Common Stock as are purchasable thereunder at the same respective Exercise Price. Subject to Section 10 hereof, upon surrender of the Warrant Certificates to the Company at its principal office or at the office of its stock transfer agent, if any, with a duly executed Assignment Form which is annexed hereto and funds sufficient to pay the applicable transfer tax, if any, the Company shall, without charge, execute and deliver new Warrant Certificates in the name of the assignee named in such instrument of assignment and the original Warrant Certificate shall promptly be canceled. The Warrants may be divided or combined with other Warrants which carry the same rights upon presentation of the Warrant Certificate evidencing such Warrants at the office of the Company or at the office of its stock transfer agent, if any, together with a written notice signed by the Holder hereof specifying the names and denominations in which new Warrant Certificates are to be issued. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of the Warrants, and, in the case of loss, theft or destruction, of reasonably satisfactory indemnification, and upon surrender and cancellation of the Warrants, if mutilated, the Company will execute and deliver new Warrant Certificates of like tenor and date. Any such new Warrant Certificates, when executed and delivered, shall constitute an additional contractual obligation on the part of the Company, whether or not the Warrant Certificates so lost, stolen, destroyed, or mutilated shall be at any time enforceable by anyone

Appears in 3 contracts

Samples: Warrant Agreement (Bio-Life Labs Inc.), Applied Dna Sciences (Applied Dna Sciences Inc), Bio-Life Labs Inc.

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Assignment or Loss of Warrant. The Warrants are exchangeableAny attempted transfer of this Warrant, without expensethe Warrant Shares or any new Warrant not in accordance with this Section shall be null and void, at and the option Issuer shall not in any way be required to give effect to such transfer No transfer of this Warrant shall be effective for any purpose hereunder until (i) written notice of such transfer and of the Holdername and address of the transferee has been received by the Issuer, upon presentation and (ii) the transferee shall first agree in a writing deposited with the Secretary of the Issuer to be bound by all the provisions of this Warrant and the Agreement. Upon surrender of the this Warrant Certificates evidencing such Warrants to the Company at its office or at Issuer by any transferee authorized under the office provisions of its stock transfer agent, if any, for other Warrants of different denominations entitling the Holder thereof to purchase in the aggregate the same number of shares of Common Stock as are purchasable thereunder at the same respective Exercise Price. Subject to this Section 10 hereof, upon surrender of the Warrant Certificates to the Company at its principal office or at the office of its stock transfer agent, if any, with a duly executed Assignment Form which is annexed hereto and funds sufficient to pay the applicable transfer tax, if any4, the Company Issuer shall, without charge, execute and deliver a new Warrant Certificates registered in the name of such transferee at the assignee named in address specified by such instrument of assignment transferee, and the original this Warrant Certificate shall promptly be canceled. The Warrants Issuer may deem and treat the registered holder of any Warrant as the absolute owner thereof for all purposes, and the Issuer shall not be affected by any notice to the contrary. Any Warrant, if presented by an authorized transferee, may be divided or combined with other Warrants which carry exercised by such transferee without prior delivery of a new Warrant issued in the same rights upon presentation name of the Warrant Certificate evidencing such Warrants at the office of the Company or at the office of its stock transfer agent, if any, together with a written notice signed by the Holder hereof specifying the names and denominations in which new Warrant Certificates are to be issuedtransferee. PAGE 3 -------------------------------------------------------------------------------- Upon receipt by the Company Issuer of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of the Warrantsthis Warrant, and, and (in the case of loss, theft or destruction, ) of reasonably satisfactory indemnification, and upon surrender and cancellation of the Warrantsthis Warrant, if mutilated, the Company Issuer will execute and deliver a new Warrant Certificates of like tenor and date. Any such new Warrant Certificates, when executed and delivered, delivered shall constitute an additional a separate contractual obligation on the part of the CompanyIssuer, whether or not the Warrant Certificates so lost, . stolen, destroyed, destroyed or mutilated shall be at any time enforceable by anyone.

Appears in 1 contract

Samples: Interamericas Communications Corp

Assignment or Loss of Warrant. The Warrants are This Warrant is exchangeable, without expense, at the option of the Warrant Holder, upon presentation and surrender of the this Warrant Certificates evidencing such Warrants to the Company at its office or at the office of its stock transfer agent, if any, for other Warrants of different denominations entitling the Warrant Holder thereof to purchase in the aggregate the same number of shares of Common Stock as are purchasable thereunder at the same respective Exercise Price. Subject to Section 10 hereof, upon surrender of the this Warrant Certificates to the Company at its principal office or at the office of its stock transfer agent, if any, with a duly executed Assignment Form which is annexed hereto and funds sufficient to pay the applicable transfer tax, if any, the Company shall, without charge, execute and deliver a new Warrant Certificates in the name of the assignee named in such instrument of assignment and the original Warrant Certificate shall promptly be canceled. The Warrants This Warrant may be divided or combined with other Warrants which carry the same rights upon presentation of the Warrant Certificate evidencing such Warrants at the office of the Company or at the office of its stock transfer agent, if any, together with a written notice signed by the Warrant Holder hereof specifying the names and denominations in which new Warrant Certificates are is to be issued. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of the Warrantsthis Warrant, and, in the case of loss, theft or destruction, of reasonably satisfactory indemnification, and upon surrender and cancellation of the Warrantsthis Warrant, if mutilated, the Company will execute and deliver a new Warrant Certificates of like tenor and date. Any such new Warrant Certificates, when executed and delivered, shall constitute an additional contractual obligation on the part of the Company, whether or not the Warrant Certificates so lost, stolen, destroyed, or mutilated shall be at any time enforceable by anyone.

Appears in 1 contract

Samples: Applied Dna Sciences Inc

Assignment or Loss of Warrant. The Warrants are exchangeable, without expense, at This Warrant is not transferable or assignable except to the option partners of MAG or to members of the Holderfamily of such partners, upon presentation including trusts and/or family partnerships for the benefit of said family members. Any attempted transfer of this Warrant, the Warrant Shares or any new Warrant not in accordance with this Section shall be null and void, and the Issuer shall not in any way be required to give effect to such transfer. No transfer of this Warrant shall be effective for any purpose hereunder until (i) written notice of such transfer and of the name and address of the transferee has been received by the Issuer, and (ii) the transferee shall first agree in a writing deposited with the Secretary of the Issuer to be bound by all the provisions of this Warrant. Upon surrender of the this Warrant Certificates evidencing such Warrants to the Company at its office or at Issuer by any transferee authorized under the office provisions of its stock transfer agent, if any, for other Warrants of different denominations entitling the Holder thereof to purchase in the aggregate the same number of shares of Common Stock as are purchasable thereunder at the same respective Exercise Price. Subject to this Section 10 hereof, upon surrender of the Warrant Certificates to the Company at its principal office or at the office of its stock transfer agent, if any, with a duly executed Assignment Form which is annexed hereto and funds sufficient to pay the applicable transfer tax, if any3, the Company Issuer shall, without charge, execute and deliver a new Warrant Certificates registered in the name of such transferee at the assignee named in address specified by such instrument of assignment transferee, and the original this Warrant Certificate shall promptly be canceled. The Warrants Issuer may deem and treat the registered holder of any Warrant as the absolute owner thereof for all purposes, and the Issuer shall not be affected by any notice to the contrary. Any Warrant if presented by an authorized transferee, may be divided or combined with other Warrants which carry exercised by such transferee without prior delivery of a new Warrant issued in the same rights upon presentation name of the Warrant Certificate evidencing such Warrants at the office of the Company or at the office of its stock transfer agent, if any, together with a written notice signed by the Holder hereof specifying the names and denominations in which new Warrant Certificates are to be issuedtransferee. Upon receipt by the Company Issuer of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of the Warrantsthis Warrant, and, in and On the case of loss, theft or destruction, ) of reasonably satisfactory indemnification, and upon surrender and cancellation of the Warrantsthis Warrant, if mutilated, the Company Issuer will execute and deliver a new Warrant Certificates of like tenor and date. Any such new Warrant Certificates, when executed and delivered, delivered shall constitute an additional a separate contractual obligation on the part of the CompanyIssuer, whether or not the Warrant Certificates so lost, stolen, destroyed, stolen destroyed or mutilated shall be at any time enforceable by anyone.

Appears in 1 contract

Samples: Grill Concepts Inc

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Assignment or Loss of Warrant. The Warrants are exchangeableAny attempted transfer of this Warrant, without expensethe Warrant Shares or any new Warrant not in accordance with this Section shall be null and void, at and the option Issuer shall not in any way be required to give effect to such transfer. No transfer of this Warrant shall be effective for any purpose hereunder until (i) written notice of such transfer and of the Holdername and address of the transferee has been received by the Issuer, upon presentation and (!i) the transferee shall first agree in a writing deposited with the Secretary of the Issuer to be bound by all the provisions of this Warrant and the Agreement. Upon surrender of the this Warrant Certificates evidencing such Warrants to the Company at its office or at Issuer by any transferee authorized under the office provisions of its stock transfer agent, if any, for other Warrants of different denominations entitling the Holder thereof to purchase in the aggregate the same number of shares of Common Stock as are purchasable thereunder at the same respective Exercise Price. Subject to this Section 10 hereof, upon surrender of the Warrant Certificates to the Company at its principal office or at the office of its stock transfer agent, if any, with a duly executed Assignment Form which is annexed hereto and funds sufficient to pay the applicable transfer tax, if any4, the Company Issuer shall, without charge, execute and deliver a new Warrant Certificates registered in the name of such transferee at the assignee named in address specified by such instrument of assignment transferee, and the original this Warrant Certificate shall promptly be canceled. The Warrants Issuer may deem and treat the registered holder of any Warrant as the absolute owner thereof for all purposes, and the Issuer shall not be affected by any notice to the contrary. Any Warrant, if presented by an authorized transferee, may be divided or combined with other Warrants which carry exercised by such transferee without prior delivery of a new Warrant issued in the same rights upon presentation name of the Warrant Certificate evidencing such Warrants at the office of the Company or at the office of its stock transfer agent, if any, together with a written notice signed by the Holder hereof specifying the names and denominations in which new Warrant Certificates are to be issuedtransferee. Upon receipt by the Company Issuer of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of the Warrantsthis Warrant, and, and (in the case of loss, theft or destruction, ) of reasonably satisfactory indemnification, and upon surrender and cancellation of the Warrantsthis Warrant, if mutilated, the Company Issuer will execute and deliver a new Warrant Certificates of like tenor and date. Any such new Warrant Certificates, when executed and delivered, delivered shall constitute an additional a separate contractual obligation on the part of the CompanyIssuer, whether or not the Warrant Certificates so lost, . stolen, destroyed, destroyed or mutilated shall be at any time enforceable by anyone.

Appears in 1 contract

Samples: Subscription Agreement (Interamericas Communications Corp)

Assignment or Loss of Warrant. (a) The Warrants are exchangeableHolder of this Warrant shall not be entitled, without expense, at obtaining the option prior written consent of the HolderCompany, upon presentation and surrender to transfer or assign its interest in this Warrant, or any of the Warrant Certificates evidencing Shares (prior to exercise of this Warrant), in whole or in part, to any other individual, partnership, corporation, business trust, joint stock company, trust, unincorporated association, joint venture or other entity of whatever nature (each a “Person”); provided, however, that subject to the provisions of Section 11, the Holder of this Warrant may transfer or assign its interest in this Warrant to any Affiliate (as defined below) of Holder provided that, in the reasonable opinion of the Company, such Warrants Affiliate (or any other Affiliate of such Affiliate) does not compete, directly or indirectly, with any business of the Company or any Affiliate of the Company, and provided further, as a condition to such transfer or assignment, (i) any such transferee or assignee agrees in writing, in form and substance satisfactory to the Company, to be bound by the terms of this Warrant as if originally a party hereto and provides the Company with an investment representation letter reflecting the representations and warranties set forth in Section 11 below and an opinion of counsel in such form reasonably acceptable to the Company at and its office counsel, that such transfer would not be in violation of the Securities Act of 1933, as amended (the “Securities Act”), or at the office of its stock transfer agentany applicable foreign, if anystate or local securities law, for other Warrants of different denominations entitling and (ii) the Holder thereof to purchase is not in breach of any term of any agreement between Holder and the aggregate Company or any Affiliate of the same number of shares of Common Stock as are purchasable thereunder at Company, including without limitation, the same respective Exercise PriceCable Telephony Agreement. Subject to the provisions hereof and of Section 10 hereof11, upon surrender of the this Warrant Certificates to the Company at its principal office or at the office of its stock transfer agent, if anyCompany, with a the Assignment Form attached hereto duly executed Assignment Form which is annexed hereto and funds sufficient to pay the applicable any transfer tax, if anyor other tax or fee payable in respect thereof, the Company shall, without charge, shall execute and deliver a new Warrant Certificates warrant or warrants in the name of the assignee or assignees named in such instrument of assignment and, if the Holder’s entire interest is not being assigned, in the name of the Holder, and the original this Warrant Certificate shall promptly be canceled. The Warrants may date the Company initially issues this Warrant shall be divided or combined with other Warrants which carry deemed to be the same rights upon presentation “date of issuance” hereof regardless of the number of times new certificates representing the unexpired and unexercised rights formerly representing this Warrant Certificate evidencing such Warrants at the office of the Company or at the office of its stock transfer agent, if any, together with a written notice signed by the Holder hereof specifying the names and denominations in which new Warrant Certificates are to shall be issued. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of the Warrants, and, in the case of loss, theft or destruction, of reasonably satisfactory indemnification, and upon surrender and cancellation of the Warrants, if mutilated, the Company will execute and deliver new Warrant Certificates of like tenor and date. Any such new Warrant Certificates, when executed and delivered, shall constitute an additional contractual obligation on the part of the Company, whether or not the Warrant Certificates so lost, stolen, destroyed, or mutilated shall be at any time enforceable by anyoneAn “

Appears in 1 contract

Samples: Net2phone Inc

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