Common use of Cancellation; Payment of Expenses Clause in Contracts

Cancellation; Payment of Expenses. Upon the surrender of this Warrant in connection with any transfer, exchange, or replacement as provided in this Paragraph 7, this Warrant shall be promptly canceled by the Company. The Company shall pay all taxes (other than securities transfer taxes) and all other expenses (other than legal expenses, if any, incurred by the Holder or transferees or any expenses incurred in connection with the posting of a bond pursuant to Paragraph 7(c) above) and charges payable in connection with the preparation, execution, and delivery of Warrants pursuant to this Paragraph 7.

Appears in 5 contracts

Samples: Agreement and Plan of Reorganization (Saba Petroleum Co), Securities Purchase Agreement (Saba Petroleum Co), Saba Petroleum Co

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Cancellation; Payment of Expenses. Upon the surrender of this Warrant in connection with any transfertrans­fer, exchange, or replacement as provided in this Paragraph 7, this Warrant shall be promptly canceled by the Company. The Company shall pay all taxes (other than securities transfer taxestaxes or any capital gains or other income related taxes belonging to the Holder) and all other expenses (other than legal expenses, if any, incurred by the Holder holder or transferees or any expenses incurred in connection with the posting of a bond pursuant to Paragraph 7(c) abovetransferees) and charges payable in connection with the preparation, execution, and delivery of Warrants pursuant to this Paragraph 7.

Appears in 5 contracts

Samples: Ameriresource Technologies Inc, Ameriresource Technologies Inc, Ameriresource Technologies Inc

Cancellation; Payment of Expenses. Upon the surrender of this Warrant in connection with any transfer, exchange, or replacement as provided in this Paragraph 7, this Warrant shall be promptly canceled by the Company. The Company shall pay all taxes (other than securities transfer taxes) and all other expenses (other than legal expenses, if any, incurred by the Holder or transferees or any expenses incurred in connection with the posting of a bond pursuant to Paragraph 7(c) above) and charges payable in connection with the preparation, execution, and delivery of Warrants pursuant to this Paragraph 7.

Appears in 3 contracts

Samples: Warrant Purchase Agreement (Magellan Health Services Inc), Warrant Purchase Agreement (Magellan Health Services Inc), Warrant Purchase Agreement (Magellan Health Services Inc)

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Cancellation; Payment of Expenses. Upon the surrender of this --------------------------------- Warrant in connection with any transfer, exchange, or replacement as provided in this Paragraph 7, this Warrant shall be promptly canceled by the Company. The Company shall pay all taxes (other than securities transfer taxes) and all other expenses (other than legal expenses, if any, incurred by the Holder holder of this Warrant or transferees or any expenses incurred in connection with the posting of a bond pursuant to Paragraph 7(c) abovetransferees) and charges payable in connection with the preparation, execution, and delivery of Warrants pursuant to this Paragraph 7.

Appears in 2 contracts

Samples: Aastrom Biosciences Inc, Aastrom Biosciences Inc

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