Common use of EXCHANGE, TRANSFER, ASSIGNMENT OR LOSS OF WARRANT Clause in Contracts

EXCHANGE, TRANSFER, ASSIGNMENT OR LOSS OF WARRANT. The Warrant is exchangeable, without expense, at the option of the Warrantholder, upon presentation and surrender hereof to the Company, or at the office of its stock transfer agent, for other Warrant(s) of different denominations entitling the holder thereof to purchase in the aggregate the same number of shares of Common Stock purchasable hereunder. Upon surrender of the Warrant to the Company or at the office of its transfer agent, with the Assignment Form annexed hereto duly executed and funds sufficient to pay any transfer tax, the Company shall, without charge, execute and deliver new Warrant in the name of the assignee named in such instrument of assignment, and this Warrant shall promptly be cancelled. This Warrant may be divided or combined with other Warrant which carry the same rights upon presentation hereof, at the office of the Company or at the office of its transfer agent, together with a written notice specifying the names and denominations in which new Warrant(s) are to be issued and signed by the Warrantholder hereof. The term "Warrant" and /or "Warrants" as used herein includes any Warrant into which this Warrant may be divided or exchanged. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of the Warrant, and (in the case of loss, theft, or destruction) of reasonably satisfactory indemnification, and upon surrender and cancellation of the Warrant, if mutilated, the Company will execute and deliver a new Warrant of like tenor.

Appears in 2 contracts

Samples: Cdex Inc, Cdex Inc

AutoNDA by SimpleDocs

EXCHANGE, TRANSFER, ASSIGNMENT OR LOSS OF WARRANT. The This Warrant is exchangeable, without expense, at the option of the WarrantholderHolder, upon presentation and surrender hereof to the Company, Company or at the office of its stock transfer agent, if any, for other Warrant(s) warrants of different denominations entitling the holder thereof to purchase in the aggregate the same number of shares of Common Stock purchasable hereunder. Upon surrender of the this Warrant to the Company at its principal office or at the office of its stock transfer agent, if any, with the Assignment Form annexed hereto duly executed and funds sufficient to pay any transfer tax, the Company shall, without charge, execute and deliver a new Warrant in the name of the assignee named in such instrument of assignment, assignment and this Warrant shall promptly be cancelled. This Warrant may be divided or combined with other Warrant which carry the same rights upon presentation hereof, at the office of the Company or at the office of its transfer agent, together with a written notice specifying the names and denominations in which new Warrant(s) are to be issued and signed by the Warrantholder hereof. The term "Warrant" and /or "Warrants" as used herein includes any Warrant into which this Warrant may be divided or exchanged. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of the this Warrant, and (in the case of loss, theft, theft or destruction) of reasonably satisfactory indemnification, and upon surrender and cancellation of the this Warrant, if mutilated, the Company will execute and deliver a new Warrant of like tenortenor and date. Any such new Warrant executed and delivered shall constitute an additional contractual obligation on the part of the Company, whether or not this Warrant so lost, stolen, destroyed, or mutilated shall be at any time enforceable by anyone.

Appears in 2 contracts

Samples: Saleen Automotive, Inc., Saleen Automotive, Inc.

EXCHANGE, TRANSFER, ASSIGNMENT OR LOSS OF WARRANT. The This Warrant is exchangeable, without expense, at the option of the WarrantholderHolder, upon presentation and surrender hereof to the Company, Company or at the office of its stock transfer agent, if any, for other Warrant(s) warrants of different denominations entitling the holder thereof to purchase in the aggregate the same number of shares of Common Stock purchasable hereunder. Upon surrender of the this Warrant to the Company at its principal office or at the office of its stock transfer agent, if any, with the Assignment Form annexed hereto duly executed and funds sufficient to pay any transfer tax, the Company shall, without charge, execute and deliver a new Warrant in the name of the assignee named in such instrument of assignment, assignment and this Warrant shall promptly be cancelled. This Warrant may be divided or combined with other Warrant which carry the same rights upon presentation hereof, at the office of the Company or at the office of its transfer agent, together with a written notice specifying the names and denominations in which new Warrant(s) are to be issued and signed by the Warrantholder hereofcanceled. The term "Warrant" and /or "Warrants" as used herein includes any Warrant Warrants into which this Warrant may be divided or exchanged. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of the this Warrant, and (in the case of loss, theft, theft or destruction) of reasonably satisfactory indemnification, and upon surrender and cancellation of the this Warrant, if mutilated, the Company will execute and deliver a new Warrant of like tenortenor and date. Any such new Warrant executed and delivered shall constitute an additional contractual obligation on the part of the Company, whether or not this Warrant so lost, stolen, destroyed, or mutilated shall be at any time enforceable by anyone.

Appears in 2 contracts

Samples: Advanced Mammography Systems Inc, Advanced Mammography Systems Inc

AutoNDA by SimpleDocs

EXCHANGE, TRANSFER, ASSIGNMENT OR LOSS OF WARRANT. The This ------------------------------------------------ Warrant is exchangeable, without expense, at the option of the WarrantholderHolder, upon presentation and surrender hereof to the Company, Company or at the office of its stock transfer agent, if any, for other Warrant(s) warrants of different denominations entitling the holder thereof to purchase in the aggregate the same number of shares of Common Stock purchasable hereunder. Upon surrender of the this Warrant to the Company at its principal office or at the office of its stock transfer agent, if any, with the Assignment Form annexed hereto duly executed and funds sufficient to pay any transfer tax, the Company shall, without charge, execute and deliver a new Warrant in the name of the assignee named in such instrument of assignment, assignment and this Warrant shall promptly be cancelled. This Warrant may be divided or combined with other Warrant which carry the same rights upon presentation hereof, at the office of the Company or at the office of its transfer agent, together with a written notice specifying the names and denominations in which new Warrant(s) are to be issued and signed by the Warrantholder hereofcanceled. The term "Warrant" and /or "Warrants" as used herein includes any Warrant Warrants into which this Warrant may be divided or exchanged. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of the exchanged for this Warrant, and (in the case of loss, theft, theft or destruction) of reasonably satisfactory indemnification, and upon surrender and cancellation of the this Warrant, if mutilated, the Company will execute and deliver a new Warrant of like tenortenor and date. Any such new Warrant executed and delivered shall constitute an additional contractual obligation on the part of the Company, whether or not this Warrant so lost, stolen, destroyed, or mutilated shall be at any time enforceable by anyone.

Appears in 1 contract

Samples: Caprius Inc

Time is Money Join Law Insider Premium to draft better contracts faster.