Common use of Transfer or Exchange of Global Warrants Clause in Contracts

Transfer or Exchange of Global Warrants. The transfer or --------------------------------------- exchange of Global Warrants or beneficial interests therein shall be effected through the Depository, in accordance with this Section 1.08, the Private Placement Legend, this Agreement (including the restrictions on transfer set forth herein) and the procedures of the Depository therefor. Upon receipt by the Registrar or Co-Registrar of written instructions, or such other instruction as is customary for the Depository, from the Depository or its nominee, requesting the registration of transfer of an interest in a 000X Xxxxxx Xxxxxxx, an IAI Global Warrant or Regulation S Global Warrant, as the case may be, to another type of Global Warrant, together with the applicable Global Warrants (or, if the applicable type of Global Warrant required to represent the interest as requested to be obtained is not then outstanding, only the Global Warrant representing the interest being transferred), the Registrar or Co-Registrar shall reflect on its books and records (and the applicable Global Warrant) the applicable increase and decrease of the principal amount of Warrants represented by such types of Global Warrants, giving effect to such transfer. If the applicable type of Global Warrant required to represent the interest as requested to be obtained is not outstanding at the time of such request, Holdings shall issue and the Warrant Agent shall, upon written instructions from Holdings in accordance with Section 1.08, authenticate a new Global Warrant of such type in principal amount equal to the principal amount of the interest requested to be transferred.

Appears in 1 contract

Samples: Warrant Agreement (Bedding Experts Inc)

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Transfer or Exchange of Global Warrants. The transfer or --------------------------------------- exchange of Global Warrants or beneficial interests therein shall be effected through the Depository, in accordance with this Section 1.08, the Private Placement Legend, this Agreement (including the restrictions on transfer set forth herein) and the procedures of the Depository therefor. Upon receipt by the Registrar or Co-Registrar of written instructions, or such other instruction as is customary for the Depository, from the Depository or its nominee, requesting the registration of transfer of an interest in a 000X Xxxxxx Xxxxxxx, an IAI Global Warrant or a Regulation S Global Warrant, as the case may be, to another type of Global Warrant, together with the applicable Global Warrants (or, if the applicable type of Global Warrant required to represent the interest as requested to be obtained is not then outstanding, only the Global Warrant representing the interest being transferred), the Registrar or Co-Registrar shall reflect on its books and records (and the applicable Global Warrant) the applicable increase and decrease of the principal amount of Warrants represented by such types of Global Warrants, giving effect to such transfer. If the applicable type of Global Warrant required to represent the interest as requested to be obtained is not outstanding at the time of such request, Holdings the Partnership shall issue and the Warrant Agent shall, upon written instructions from Holdings the Partnership in accordance with Section 1.08, authenticate a new Global Warrant of such type in principal amount equal to the principal amount of the interest requested to be transferred.

Appears in 1 contract

Samples: Warrant Agreement (TNP Enterprises Inc)

Transfer or Exchange of Global Warrants. The transfer or --------------------------------------- exchange of Global Warrants or beneficial interests therein shall be effected through the Depository, in accordance with this Section 1.08, the Private Placement Legend, this Agreement (including the restrictions on transfer set forth herein) and the procedures of the Depository therefor. Upon receipt by the Registrar or Co-Registrar of written instructions, or such other instruction as is customary for the Depository, from the Depository or its nominee, requesting the registration of transfer of an interest in a 000X 100X Xxxxxx Xxxxxxx, an IAI Global Warrant or a Regulation S Global Warrant, as the case may be, to another type of Global Warrant, together with the applicable Global Warrants (or, if the applicable type of Global Warrant required to represent the interest as requested to be obtained is not then outstanding, only the Global Warrant representing the interest being transferred), the Registrar or Co-Registrar shall reflect on its books and records (and the applicable Global Warrant) the applicable increase and decrease of the principal amount of Warrants represented by such types of Global Warrants, giving effect to such transfer. If the applicable type of Global Warrant required to represent the interest as requested to be obtained is not outstanding at the time of such request, Holdings the Company shall issue and the Warrant Agent shall, upon written instructions from Holdings the Company in accordance with Section 1.08, authenticate a new Global Warrant of such type in principal amount equal to the principal amount of the interest requested to be transferred.

Appears in 1 contract

Samples: Warrant Agreement (Transportation Technologies Industries Inc)

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Transfer or Exchange of Global Warrants. The transfer or --------------------------------------- exchange of Global Warrants or beneficial interests therein shall be effected through the Depository, in accordance with this Section 1.08, the Private Placement Legend, this Agreement (including the restrictions on transfer set forth herein) and the procedures of the Depository therefor. Upon receipt by the Registrar or Co-Registrar of written instructions, or such other instruction as is customary for the Depository, from the Depository or its nominee, requesting the registration of transfer of an interest in a 000X Xxxxxx Xxxxxxx, an IAI Global Warrant or a Regulation S Global Warrant, as the case may be, to another type of Global Warrant, together with the applicable Global Warrants (or, if the applicable type of Global Warrant required to represent the interest as requested to be obtained is not then outstanding, only the Global Warrant representing the interest being transferred), the Registrar or Co-Registrar shall reflect on its books and records (and the applicable Global Warrant) the applicable increase and decrease of the principal amount of Warrants represented by such types of Global Warrants, giving effect to such transfer. If the applicable type of Global Warrant required to represent the interest as requested to be obtained is not outstanding at the time of such request, Holdings the Company shall issue and the Warrant Agent shall, upon written instructions from Holdings the Company in accordance with Section 1.08, authenticate a new Global Warrant of such type in principal amount equal to the principal amount of the interest requested to be transferred.

Appears in 1 contract

Samples: Warrant Agreement (Aavid Thermal Technologies Inc)

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