Common use of Certificates for Unexercised Warrants Clause in Contracts

Certificates for Unexercised Warrants. Subject to Section 2.4(b) hereof, if less than all of the Warrants represented by a Warrant Certificate are exercised, the Warrant Agent shall execute and mail, by first-class mail, within thirty (30) days of the Date of Exercise, to the Holder of such Warrant Certificate, or such other person as shall be designated in the election to purchase, a new Warrant Certificate representing the number of Warrants not exercised. In no event shall a fraction of a Warrant be exercised, and the Warrant Agent shall distribute no Warrant Certificates representing fractions of Warrants under this or any other Section of this Agreement.

Appears in 3 contracts

Samples: Warrant Agreement (Acclaim Entertainment Inc), Warrant Agreement (Acclaim Entertainment Inc), Warrant Agreement (Acclaim Entertainment Inc)

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Certificates for Unexercised Warrants. Subject to Section 2.4(b) hereof, if In the event that less than all of the Warrants represented by a Warrant Certificate are exercised, the Warrant Agent shall execute and mail, by first-class mail, within thirty (30) 30 days of the Date of Exercise, to the Holder registered holder of such Warrant Certificate, or such other person as shall be designated in the election to purchase, a new Warrant Certificate representing the number of full Warrants not exercised. In no event shall a fraction of a Warrant be exercised, and the Warrant Agent shall distribute no Warrant Certificates representing fractions of Warrants under this or any other Section section of this Agreement. Final fractions of shares shall be treated as provided in Section 4.14.

Appears in 2 contracts

Samples: Warrant Agreement (International Sports Wagering Inc), Warrant Agreement (United Equities Commodities Co)

Certificates for Unexercised Warrants. Subject to Section 2.4(b2.04(b) hereof, if less than all of the Warrants represented by a Warrant Certificate are exercised, the Warrant Agent shall execute and mail, by first-class mail, within thirty (30) days of the Date of Exercise, to the Holder of such Warrant Certificate, or such other person as shall be designated in the election to purchase, a new Warrant Certificate representing the number of Warrants not exercised. In no event shall a fraction of a Warrant be exercised, and the Warrant Agent shall distribute no Warrant Certificates representing fractions of Warrants under this or any other Section of this Agreement.

Appears in 2 contracts

Samples: Warrant Agreement (American Bank Note Holographics Inc), Warrant Agreement (American Bank Note Holographics Inc)

Certificates for Unexercised Warrants. Subject to Section 2.4(b) hereof, if In the event that less than all of the Warrants represented by a Warrant Certificate are exercised, the Warrant Agent shall execute countersign and mail, by first-class mail, postage prepaid, within thirty (30) 30 days of after the Date of Exercise, to the Holder of such Warrant Certificate, Certificate (or to such other person as shall be designated in the election Election to purchasePurchase), a new Warrant Certificate representing the number of full Warrants not exercised. In no event shall a fraction of a Warrant be exercised, and the Warrant Agent shall distribute no Warrant Certificates representing fractions of Warrants under this or any other Section provision of this Agreement.

Appears in 1 contract

Samples: Warrant Agreement (Data Systems Network Corp)

Certificates for Unexercised Warrants. Subject to Section 2.4(b) hereof, if In the event that less ------------------------------------- than all of the Warrants represented by a Warrant Certificate are exercised, the Warrant Agent shall upon receipt of all necessary information, execute and mail, by first-class mail, within thirty (30) 30 days of the Date of Exercise, to the Holder registered holder of such Warrant Certificate, or such other person Person as shall be designated in the election to purchase, a new Warrant Certificate representing the number of full Warrants not exercised. In no event shall a fraction of a Warrant be exercised, and the Warrant Agent shall distribute no Warrant Certificates representing fractions of Warrants under this or any other Section section of this Agreement. Fractions of shares shall be treated as provided in Section 4.12.

Appears in 1 contract

Samples: Warrant Agreement (Paragon Trade Brands Inc)

Certificates for Unexercised Warrants. Subject to Section 2.4(b) hereof, if In the event that less than all of the Warrants represented by a Warrant Certificate are exercised, the Warrant Agent shall execute countersign and mail, by first-class mail, within thirty (30) days of the Date of Exercise, to the Holder of such Warrant Certificate, or such other person as shall be designated in the election to purchase, a new Warrant Certificate representing the number of full Warrants not exercised. In no event shall a fraction of a Warrant be exercised, and in no event shall the Warrant Agent shall distribute no Warrant Certificates representing fractions of Warrants under this or any other Section section of this Agreement.

Appears in 1 contract

Samples: Warrant Agreement (Gen Trak Inc)

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Certificates for Unexercised Warrants. Subject to Section 2.4(b) hereof, if In the event that less than all of the Warrants represented by a Warrant Certificate are exercised, the Warrant Agent shall execute and mail, by first-class mail, within thirty (30) 30 days of the Date of ExerciseExercise Date, to the Holder registered holder of such Warrant Certificate, or such other person as shall be designated in the election to purchase, a new Warrant Certificate representing the number of full Warrants not exercised. In no event shall a fraction of a Warrant be exercised, and the Warrant Agent shall distribute no Warrant Certificates representing fractions of Warrants under this or any other Section section of this Agreement. Fractions of shares and Warrants shall be treated as provided in Section 5.1(e).

Appears in 1 contract

Samples: Unit and Warrant Agreement (Anthra Pharmaceuticals Inc)

Certificates for Unexercised Warrants. Subject to Section 2.4(b) hereof, if If less than all of the Warrants represented by a Warrant Certificate are exercised, the Warrant Agent shall execute and mail, by first-class mail, within thirty ten (3010) days of Business Days after the Date of Exercise, to the Holder of such Warrant Certificate, or such other person as shall be designated in the election to purchase, a new Warrant Certificate representing the number of full Warrants not exercised. In no event shall a fraction of a Warrant be exercised, and the Warrant Agent shall distribute no Warrant Certificates representing fractions of Warrants under this or any other Section section of this Agreement.

Appears in 1 contract

Samples: Warrant Agreement (Imperial Credit Industries Inc)

Certificates for Unexercised Warrants. Subject to Section 2.4(b) hereof, if less than all of the Warrants represented by a Warrant Certificate are exercised, the Warrant Agent shall execute and mail, by first-class mail, within thirty ten (3010) days of the Date of Exercise, to the Holder of such Warrant Certificate, or such other person as shall be designated in the election to purchase, a new Warrant Certificate representing the number of Warrants not exercised. In no event shall a fraction of a Warrant be exercised, and the Warrant Agent shall distribute no Warrant Certificates representing fractions of Warrants under this or any other Section of this Agreement.

Appears in 1 contract

Samples: Warrant Agreement (Acclaim Entertainment Inc)

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