Common use of Certificates for Unexercised Warrants Clause in Contracts

Certificates for Unexercised Warrants. In the event that fewer than all of the Warrants represented by a Warrant Certificate are exercised, the Warrant Agent shall execute and mail, by first-class mail, within fifteen (15) days of the Date of Exercise, to the 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 Warrants not exercised.

Appears in 1 contract

Samples: Warrant Agreement (Ampex Corp /De/)

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Certificates for Unexercised Warrants. In the event that fewer ------------------------------------- than all of the Warrants represented by a Warrant Certificate are exercised, the Warrant Agent Company shall execute and mail, by first-class mail, within fifteen ten (1510) days of the Date of Exercise, to the 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 Warrants not exercised.

Appears in 1 contract

Samples: Warrant Agreement (Pacific Aerospace & Electronics Inc)

Certificates for Unexercised Warrants. In the event that fewer than all of the Warrants represented by a Warrant Certificate are exercised, the Warrant Agent Company shall execute and mail, by first-class mail, within fifteen ten (1510) days of the Date of Exercise, to the 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 Warrants not exercised.

Appears in 1 contract

Samples: Warrant Agreement (Pacific Aerospace & Electronics Inc)

Certificates for Unexercised Warrants. In the event that ------------------------------------- fewer than all of the Warrants represented by a Warrant Certificate are exercised, the Warrant Agent Company shall execute and mail, by first-class mail, within fifteen ten (1510) days of the Date of Exercise, to the 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 Warrants not exercised.

Appears in 1 contract

Samples: Warrant Agreement (Pacific Aerospace & Electronics Inc)

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Certificates for Unexercised Warrants. In the event that fewer than all of the Warrants represented by a Warrant Certificate are exercised, the Warrant Agent Company shall execute and mail, by first-class mail, within fifteen ten (1510) days of the Date of Exercise, to the registered holder of such Warrant Certificate, or such other person as shall be designated in the Election to Purchase, Holder a new Warrant Certificate representing the number of Warrants full warrants not exercised. In no event shall a fraction of a Warrant be exercised, and the Company 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 (Bally Total Fitness Holding Corp)

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