Resignation Consolidation or Merger of Warrant Agent Sample Clauses

Resignation Consolidation or Merger of Warrant Agent. (a) The Warrant Agent, or any successor, may resign its duties and be discharged from all further duties and liabilities hereunder after giving sixty (60) days notice in writing to the Company, except that shorter notice may be given if the Company, in writing, accepts such shorter notice as sufficient. If the office of Warrant Agent becomes vacant by resignation or incapacity to act or otherwise, the Company shall appoint in writing a successor Warrant Agent in place of the Warrant Agent.
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Resignation Consolidation or Merger of Warrant Agent. 8.02.1. The Warrant Agent, or any successor to it hereafter appointed, may resign its duties and be discharged from all further duties and liabilities hereunder after giving sixty (60) days' notice to the Company. If the office of the Warrant Agent becomes vacant by resignation or incapacity to act or otherwise, the Company shall appoint in writing a successor Warrant Agent in place of the Warrant Agent. If the Company shall fail to make such appointment within a period of thirty (30) days after receiving notification of such resignation or incapacity by the Warrant Agent or by the holder of a Warrant (who shall, with such notice, submit his Warrant for inspection by the Company), then the holder of any Warrant may apply to the Supreme Court of the State of New York for the County of New York for the appointment of a successor Warrant Agent.
Resignation Consolidation or Merger of Warrant Agent. (a) The Warrant Agent, or any successor to it hereafter appointed, may resign and be discharged from all further duties and liabilities hereunder after giving notice in writing to the Trust. If the office of the Warrant Agent becomes vacant by reason of such resignation or the incapacity to act or otherwise, the Trust shall appoint in writing a successor Warrant Agent in place of the Warrant Agent. The Trust shall indemnify and hold the Warrant Agent harmless from and against all claims, expenses or causes of action resulting from the failure of the Trust to make such appointment prior to the effective date of resignation of the Warrant Agent. Any resignation of the Warrant Agent for cause, or after the failure of the Company to pay any fees or expenses due to the Warrant Agent for a period of 30 days after the date due, shall become effective immediately. Any resignation of the Warrant Agent for any other reason shall become effective 30 days after the date on which the Warrant Agent shall give notice of resignation to the Trust. Any successor Warrant Agent shall be a corporation organized and doing business under the laws of the United States of America or of any state therein, in good standing, authorized under applicable laws to exercise corporate trust powers and subject to supervision or examination by federal or state authority for not less than five (5) years preceding appointment as successor Warrant Agent. After appointment, any successor Warrant Agent shall be vested with all the authority, powers, rights immunities, duties and obligations of its predecessor Warrant Agent with like effect as if originally named as Warrant Agent hereunder, without any further act or deed; but if for any reason it becomes necessary or appropriate, the predecessor Warrant Agent shall execute and deliver at the expense of the Trust, an instrument transferring to such successor Warrant Agent all the authority, powers and rights of such predecessor Warrant Agent hereunder; and upon request of any successor Warrant Agent the Trust shall make, execute, acknowledge and deliver any and all instruments in writing for more fully and effectively vesting in and confirming to such successor Warrant Agent all such authority, powers, rights, immunities, duties and obligations. Not later than the effective date of any such appointment, the Trust shall give notice thereof to the predecessor Warrant Agent and each transfer agent for the Shares, and shall forthwith deliver notice of...
Resignation Consolidation or Merger of Warrant Agent. (a) The Warrant Agent, or any successor to it hereafter appointed, may resign and be discharged from all further duties and liabilities hereunder after giving notice in writing to the Trust. If the office of the Warrant Agent becomes vacant by reason of such resignation or the incapacity to act or otherwise, the Trust shall appoint in writing a successor Warrant Agent in place of the Warrant Agent. The Trust shall indemnify and hold the Warrant Agent harmless from and against all claims, expenses or causes of action resulting from the failure of the Trust to make such appointment prior to the effective date of resignation of the Warrant Agent. Any resignation of the Warrant Agent for cause, or after the failure of the Company to pay any fees or expenses due to the Warrant Agent for a period of 30 days after the date due, shall become effective immediately. Any resignation of the Warrant Agent for any other reason shall become effective 30 days after the date on which the Warrant Agent shall give notice of resignation to the Trust.
Resignation Consolidation or Merger of Warrant Agent 

Related to Resignation Consolidation or Merger of Warrant Agent

  • Merger or Consolidation of Warrant Agent Any corporation into which the Warrant Agent may be merged or with which it may be consolidated or any corporation resulting from any merger or consolidation to which the Warrant Agent shall be a party shall be the successor Warrant Agent under this Agreement without any further act.

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