PER CERTIFICATE Sample Clauses

PER CERTIFICATE. This Warrant Certificate, when surrendered to the Warrant Agent at its principal office by the Warrant Holder, in person or by attorney duly authorized in writing in the manner and subject to the limitations provided in the Warrant Agreement, may be exchanged upon payment of $20.00 per certificate or certificates of like tenor and evidencing in the aggregate number of Warrants, subject to any adjustments made in accordance with the provisions of the Warrant Agreement. The Company and the Warrant Agreement may deem and treat the registered holder hereof as the absolute owner of this Warrant certificate (notwithstanding any notation of ownership or other writing hereon made by anyone) for all purposes and neither the Company nor the Warrant Agent shall be affected by any notice to the contrary. No Warrant Holder, as such, shall have any rights of a shareholder of the Company, either at law or at equity, and the rights of the Warrant Holders, as such, are limited to those rights expressly provided in the Warrant Agreement and in the Warrant Certificate. The Exercise Price is subject to adjustment if the Company shall prior to the exercise of any Warrants, effect one or more stock splits, stock dividends, or other increases or reductions of the number of shares of its no par value common stock outstanding without receiving compensation therefor in money, services or property. The Company shall not be required to issue fractions of Warrants upon any such adjustment or to issue fractions of shares upon issuance of any Warrants after any such adjustment, but the Company, in lieu of issuing any such fractional interest, shall round up or down to the nearest whole Warrant.