Common use of Indemnification of Warrant Agent Clause in Contracts

Indemnification of Warrant Agent. (a) The Warrant Agent shall act as Agent of the Company. The Warrant Agent shall not, by issuing and delivering Warrant certificates or by any other act, be deemed to make any representations as to the validity or value of the Warrant certificates or the Warrants represented thereby or of the Common Stock or other property delivered on exercise of any Warrant. The Warrant Agent shall not be under any duty or responsibility to any holder of the Warrant certificates to make or cause to be made any adjustment of the Subscription Price or to determine whether any fact exists which may require any such adjustments.

Appears in 3 contracts

Samples: Warrant Agreement (Aroc Inc), Warrant Agreement (American Rivers Oil Co /De/), Warrant Agreement (American Rivers Oil Co /De/)

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Indemnification of Warrant Agent. (a) The Warrant Agent shall act as Agent agent of the Company. The Warrant Agent shall not, by issuing and delivering Warrant certificates Certificates or by any other act, act be deemed to make any representations as to the validity or value of the Warrant certificates Certificates or the Warrants represented thereby or of the Common Stock Ordinary Shares or other property delivered on exercise of any Warrant. The Warrant Agent shall not be under any duty or responsibility to any holder of the Warrant certificates Certificates to make or cause to be made any adjustment of the Subscription Price or to determine whether any fact exists which may require any such adjustments.

Appears in 1 contract

Samples: Alliance Resources PLC

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