Common use of Restricted Security Legend Clause in Contracts

Restricted Security Legend. (1) Each Certificate representing any Warrant that is a Transfer-Restricted Security will bear the Restricted Security Legend. (2) If any Warrant (such Warrant being referred to as the “new Warrant” for purposes of this Section 3(f)(ii)(2)) is issued in exchange for, or in substitution of, other Warrant(s), or to effect the Exercise of less than all of the Underlying Shares of a Warrant represented by any Certificate (such other Warrant(s) or Exercised Warrant, as applicable, being referred to as the “old Warrant(s)”for purposes of this Section 3(f)(ii)(2)), including pursuant to Section 3(g)(ii) or Section 3(h), then the Certificate representing such new Warrant will bear the Restricted Security Legend if the Certificate representing such old Warrant(s) bore the Restricted Security Legend at the time of such exchange or substitution, or on the related Exercise Date with respect to such Exercise, as applicable; provided, however, that the Certificate representing such new Warrant need not bear the Restricted Security Legend if such new Warrant does not constitute a Transfer-Restricted Security immediately after such exchange or substitution, or as of such Exercise Date, as applicable.

Restricted Security Legend. (1) Each Certificate representing any Warrant that is a Transfer-Restricted Security will bear the Restricted Security Legend. (2) If any Warrant (such Warrant being referred to as the “new Warrant” for purposes of this Section 3(f)(ii)(23(f)(i)(2)) is issued in exchange for, or in substitution of, other Warrant(s), or to effect the Exercise of less than all of the Underlying Shares of a Warrant represented by any Certificate (such other Warrant(s) or Exercised Warrant, as applicable, being referred to as the “old Warrant(s)”for Warrant(s)” for purposes of this Section 3(f)(ii)(23(f)(i)(2)), including pursuant to Section 3(g)(ii), 3(h) or Section 3(h3(i), then the Certificate representing such new Warrant will bear the Restricted Security Legend if the Certificate representing such old Warrant(s) bore the Restricted Security Legend at the time of such exchange or substitution, or on the related Exercise Date with respect to such Exercise, as applicable; provided, however, that the Certificate representing such new Warrant need not bear the Restricted Security Legend if such new Warrant does not constitute a Transfer-Restricted Security immediately after such exchange or substitution, or as of such Exercise Date, as applicable.