Common use of Exercise in Part Clause in Contracts

Exercise in Part. In connection with any exercise of this Warrant for less than all remaining Warrant Shares, the Company shall, at the time of the delivery of the stock certificate or certificates relating to any such exercise, deliver to the Holder a new Warrant evidencing the right to purchase the remaining Warrant Shares called for by this Warrant, which new Warrant shall in all other respects be identical to this Warrant.

Appears in 2 contracts

Sources: Warrant Agreement (Mindspeed Technologies Inc), Warrant Agreement (Mindspeed Technologies Inc)