Common use of Transfers and Exchanges Clause in Contracts

Transfers and Exchanges. The Warrant Agent shall transfer, from time to time after the sale of the Units, any outstanding Warrants upon the books to be maintained by the Warrant Agent for that purpose, upon surrender thereof for transfer properly endorsed or accompanied by appropriate instructions for transfer. Upon any such transfer, a new Warrant shall be issued to the transferee, and the surrendered Warrant shall be cancelled by the Warrant Agent. Warrants so cancelled shall be delivered by the Warrant Agent to the Company from time to time. The Warrants may be exchanged at the option of the holder thereof, when surrendered at the office of the Warrant Agent, for another Warrant, or other Warrants of different denominations, of like tenor and representing in the aggregate the right to purchase a like number of shares of Common Stock. The Warrant Agent is hereby irrevocably authorized to countersign in accordance with Section 3 of this Agreement the new Warrants required pursuant to the provisions of this section, and the Company, whenever required by the Warrant Agent, will supply the Warrant Agent with Warrants duly executed on behalf of the Company for such purpose.

Appears in 9 contracts

Samples: Warrant Agreement (Holloman Corp), Warrant Agreement (Woodhaven Homes Inc), Warrant Agreement (Rampart Capital Corp)

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Transfers and Exchanges. The Warrant Agent shall transfer, from time to time after the sale of the Units, any outstanding Warrants upon the books to be maintained by the Warrant Agent for that purpose, upon surrender thereof for transfer properly endorsed or accompanied by appropriate instructions for transfer. Upon any such transfer, a new Warrant shall be issued to the transferee, transferee and the surrendered Warrant shall be cancelled by the Warrant Agent. Warrants so cancelled shall be delivered by the Warrant Agent to the Company from time to time. The Warrants may be exchanged at the option of the holder thereof, when surrendered at the office of the Warrant Agent, for another Warrant, or other Warrants of different denominations, of like tenor and representing in the aggregate the right to purchase a like number of shares of Common Stock. The Warrant Agent is hereby irrevocably authorized to countersign in accordance with Section 3 ss.3 of this Agreement the new Warrants required pursuant to the provisions of this sectionSection, and the Company, whenever required by the Warrant Agent, will supply the Warrant Agent with Warrants duly executed on behalf of the Company for such purpose.

Appears in 3 contracts

Samples: Warrant Agreement (New Frontier Media Inc /Co/), Warrant Agreement (Butterwings Entertainment Group Inc), Warrant Agreement (Westower Corp)

Transfers and Exchanges. The Warrant Agent shall transfer, from time to time after the sale of the Units, any outstanding Warrants upon the books to be maintained by the Warrant Agent for that purpose, upon surrender thereof for transfer properly endorsed or accompanied by appropriate instructions for transfer. Upon any such transfer, a new Warrant shall be issued to the transferee, transferee and the surrendered Warrant shall be cancelled canceled by the Warrant Agent. Warrants so cancelled canceled shall be delivered by the Warrant Agent to the Company from time to time. The Warrants may be exchanged at the option of the holder thereof, when surrendered at the office of the Warrant Agent, for another Warrant, or other Warrants of different denominations, of like tenor and representing in the aggregate the right to purchase a like number of shares of Common Stock. The Warrant Agent is hereby irrevocably authorized to countersign in accordance with Section 3 of this Agreement the new Warrants required pursuant to the provisions of this sectionSection, and the Company, whenever required by the Warrant Agent, will supply the Warrant Agent with Warrants duly executed on behalf of the Company for such purpose.

Appears in 2 contracts

Samples: Warrant Agreement (Bioshield Technologies Inc), Warrant Agreement (Bioshield Technologies Inc)

Transfers and Exchanges. The Warrant Agent shall transfer, from time to time after the sale of the Units, any outstanding Warrants upon the books to be maintained by the Warrant Agent for that purpose, upon surrender thereof for transfer properly endorsed or accompanied by appropriate instructions for transfer. Upon any such transfer, a new Warrant shall be issued to the transferee, transferee and the surrendered Warrant shall be cancelled by the Warrant Agent. Warrants so cancelled shall be delivered by the Warrant Agent to the Company from time to time. The Warrants may be exchanged at the option of the holder thereof, when surrendered at the office of the Warrant Agent, for another Warrant, or other Warrants of different denominations, of like tenor and representing in the aggregate the right to purchase a like number of shares of Common Stock. The Warrant Agent is hereby irrevocably authorized to countersign in accordance with Section 3 (S)3 of this Agreement the new Warrants required pursuant to the provisions of this sectionSection, and the Company, whenever required by the Warrant Agent, will supply the Warrant Agent with Warrants duly executed on behalf of the Company for such purpose.

Appears in 1 contract

Samples: Warrant Agreement (Energy Search Inc)

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Transfers and Exchanges. The Warrant Agent shall transfer, from time to time after the sale of the Units, any outstanding Warrants upon the books to be maintained by the Warrant Agent for that purpose, upon surrender thereof for transfer properly endorsed or accompanied by appropriate instructions for transfer. Upon any such transfer, a new Warrant shall be issued to the transferee, transferee and the surrendered Warrant shall be cancelled by the Warrant Agent. Warrants so cancelled shall be delivered by the Warrant Agent to the Company from time to time. The Warrants may be exchanged at the option of the holder thereof, when surrendered at the office of the Warrant Agent, for another Warrant, or other Warrants of different denominations, of like tenor and representing in the aggregate the right to purchase a like number of shares of Common Stock. The Warrant Agent is hereby irrevocably authorized to countersign in accordance with Section 3 of this Agreement the new Warrants required pursuant to the provisions of this sectionSection, and the Company, whenever required by the Warrant Agent, will supply the Warrant Agent with Warrants duly executed on behalf of the Company for such purpose.

Appears in 1 contract

Samples: Warrant Agreement (Rcontest Com Inc)

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