Common use of New Certificate Clause in Contracts

New Certificate. This Warrant Certificate is exchangeable, upon the surrender hereof by the holder to the Company, for a new Warrant Certificate of like tenor representing in the aggregate the right to subscribe for and purchase the number of Common Shares which may be subscribed for and purchased hereunder, each of such new Warrant Certificates to represent the right to subscribe for and purchase such number of Common Shares as shall be designated by the holder at the time of such surrender.

Appears in 4 contracts

Samples: Private Placement Subscription Agreement (Digital Valleys Corp), Finance Facility Agreement (Olympus Pacific Minerals Inc), Black Tusk Minerals Inc.

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