Common use of Cost Basis Information Clause in Contracts

Cost Basis Information. 3.5.1 In the event of a cash exercise, the Company shall instruct the Warrant Agent to record cost basis for newly issued shares in a manner reasonably determined by the Company to be subsequently communicated by the Company to the Warrant Agent. In the absence of basis information provided by the Company, securities will be recorded by the Warrant Agent as noncovered.

Appears in 12 contracts

Samples: Warrant Agreement (Seanergy Maritime Holdings Corp.), Warrant Agreement (Seanergy Maritime Holdings Corp.), Warrant Agreement (Seanergy Maritime Holdings Corp.)

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Cost Basis Information. 3.5.1 a) In the event of a cash exercise, the Company shall instruct the Warrant Agent to record cost basis for newly issued shares in a manner as reasonably determined by the Company prior to be subsequently communicated by the Company to the Warrant Agentprocessing. In the absence of basis information provided by the Company, securities will be recorded by the Warrant Agent as noncovered.

Appears in 3 contracts

Samples: Warrant Agency Agreement (Rennova Health, Inc.), Warrant Agency Agreement (VistaGen Therapeutics, Inc.), Warrant Agency Agreement (VistaGen Therapeutics, Inc.)

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