Common use of Subscription Right Clause in Contracts

Subscription Right. Subject to the terms and conditions hereof and the payment of the Exercise Price, adjusted as set forth in accordance with Article Seven, each Warrant shall entitle its holder to subscribe for one Share. The Warrants may be exercised by their holders in whole or in part and in successive opportunities until their full exercise, in which case such right may be exercised over the non-exercised Warrants. Once exercised in full, the Warrants shall expire.

Appears in 4 contracts

Samples: Restated Agreement (Pampa Energy Inc.), Restated Agreement (Pampa Energy Inc.), Restated Agreement (Pampa Energy Inc.)

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