Common use of Cancellation of Warrant Clause in Contracts

Cancellation of Warrant. Any Warrant surrendered upon exercise or for split up, combination, exchange or transfer, or purchased or otherwise acquired by the Company, shall be cancelled and shall not be reissued by the Company; and, except as provided herein in the case of the purchase of less than all of the Warrant Shares that the Holder may purchase hereunder or in the case of a split up, combination, exchange or transfer, no Warrant shall be issued hereunder in lieu of such cancelled Warrant. Any Warrant so cancelled shall be marked cancelled and destroyed by the Company.

Cancellation of Warrant. Any Warrant surrendered upon the exercise or for split up, combination, exchange or transfer, or purchased or otherwise acquired by the Company, shall be cancelled canceled and shall not be reissued by the Company; and, except as provided herein in the case of the purchase of less than all partial exercise of the Warrant Shares that the Holder may purchase hereunder Warrants or in the case of a split up, combination, upon an exchange or transfer, no Warrant shall be issued hereunder in lieu of such cancelled canceled Warrant. Any Warrant so cancelled canceled shall be marked cancelled and destroyed by the Company.

Cancellation of Warrant. Any Warrant surrendered upon exercise or for split up, combination, exchange or transfer, or purchased or otherwise acquired by the Company, shall be cancelled and shall not be reissued by the Company; and, except as provided herein in the case of the purchase of less than all of the Warrant Shares that pursuant to the Holder may purchase hereunder third sentence of Section 1.3(b) hereof or in the case of a Warrant surrendered upon a split up, combination, exchange or transfer, no Warrant shall be issued hereunder in lieu of such cancelled Warrant. Any Warrant so cancelled shall be marked cancelled and destroyed by the Company.