Common use of Countersigning Clause in Contracts

Countersigning. No Warrant Certificate shall be issued, or if issued, -------------- shall be valid or exercisable or entitle the holder thereof to the benefits of this Indenture until the Warrant Certificate has been manually countersigned by or on behalf of the Agent. The countersignature by or on behalf of the Agent on any Warrant Certificate shall not be construed as a representation or warranty by the Agent as to the validity of this Indenture or of the Warrants or as to the performance by the Corporation of its obligations under this Indenture and the Agent shall in no way be liable or answerable for the use made of the Warrants. The countersignature of the Agent shall, however, be a representation and warranty of the Agent that the Warrant Certificate has been duly countersigned by or on behalf of the Agent pursuant to the provisions of this Indenture and shall be conclusive evidence as against the Corporation that the Warrant Certificate so countersigned has been duly issued hereunder and the holder is entitled to the benefits hereof and thereof.

Appears in 2 contracts

Samples: Bid Com International Inc, Bid Com International Inc

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Countersigning. No Special Warrant Certificate shall be issued, or if issued, -------------- shall be valid or exercisable or entitle the holder thereof to the benefits of this Indenture until the Special Warrant Certificate has been manually countersigned by or on behalf of the AgentTrustee. The Trustee will countersign the Special Warrant Certificates upon the written direction of the Company. The countersignature by or on behalf of the Agent Trustee on any Special Warrant Certificate shall not be construed as a representation or warranty by the Agent Trustee as to the validity of this Indenture or of the Special Warrants or as to the performance by the Corporation Company of its obligations under this Indenture and the Agent Trustee shall in no way be liable or answerable for the use made of the WarrantsSpecial Warrants or of the Proceeds except as specified herein. The countersignature of the Agent Trustee shall, however, be a representation and warranty of the Agent Trustee that the Special Warrant Certificate has been duly countersigned by or on behalf of the Agent Trustee pursuant to the provisions of this Indenture and shall be conclusive evidence as against the Corporation Company that the Special Warrant Certificate so countersigned has been duly issued hereunder and the holder is entitled to the benefits hereof and thereofhereof.

Appears in 1 contract

Samples: Special (Ivanhoe Energy Inc)

Countersigning. No Warrant Certificate shall be issued, or if issued, -------------- shall be valid or exercisable or entitle the holder thereof to the benefits of this Indenture until the Warrant Certificate has been manually countersigned by or on behalf of the AgentTrustee. The Trustee will countersign the Warrant Certificates upon the written direction of the Company. The countersignature by or on behalf of the Agent Trustee on any Warrant Certificate shall not be construed as a representation or warranty by the Agent Trustee as to the validity of this Indenture or of the Warrants or as to the performance by the Corporation Company of its obligations under this Indenture Indenture, and the Agent Trustee shall in no way be liable or answerable for the use made of the WarrantsWarrants or any of them or of the consideration therefor except as specified herein. The countersignature of the Agent Trustee shall, however, be a representation and warranty of the Agent Trustee that the Warrant Certificate has been duly countersigned by or on behalf of the Agent Trustee pursuant to the provisions of this Indenture and shall be conclusive evidence as against the Corporation Company that the Warrant Certificate so countersigned has been duly issued hereunder and the holder is entitled to the benefits hereof and thereofhereof.

Appears in 1 contract

Samples: Warrant Indenture (Softquad Software LTD)

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Countersigning. No Warrant Certificate shall be issued, or if issued, -------------- shall be valid or exercisable or entitle the holder thereof to the benefits of this Indenture until the Warrant Certificate has been manually countersigned by or on behalf of the Agent. The countersignature by or on behalf of the Agent on any Warrant Certificate shall not be construed as a representation or warranty by the Agent as to the validity of this Indenture or of the Warrants or as to the performance by the Corporation of its obligations under this Indenture and the Agent shall in no way be liable or answerable for the use made of the Warrants. The countersignature of the Agent shall, however, be a representation and warranty of the Agent that the Warrant Certificate has been duly countersigned by or on behalf of the Agent pursuant to the provisions of this Indenture and shall be conclusive evidence as against the Corporation Sellers that the Warrant Certificate so countersigned has been duly issued hereunder and the holder is entitled to the benefits hereof and thereof.

Appears in 1 contract

Samples: Bid Com International Inc

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