Common use of Company to Reaffirm Obligations Clause in Contracts

Company to Reaffirm Obligations. On the date of any exercise of any Warrants (except that if, on that date, the stock transfer books of the Company are closed, in which case on the next succeeding date on which such stock transfer books are open) the Holder exercising the same shall be deemed to have become, and thereafter shall be considered, a holder of record of the shares of Common Stock purchased upon such exercise for all purposes. Holders of Warrants shall have no rights of share ownership until they exercise their Warrants. The Company will, at the time of any exercise of any Warrant, upon the request of the Holder thereof, acknowledge in writing its continuing obligation to afford to that Holder any rights (including without limitation any right to registration of the Warrant Shares issued upon such exercise) to which the Holder shall continue to be entitled after such exercise in accordance with the provisions of this Agreement; provided, however, that if the Holder of a Warrant shall fail to make any such request, such failure shall not affect the continuing obligation of the Company to afford those rights to the Holder.

Company to Reaffirm Obligations. On the date of any exercise of any Warrants (except that if, on that upon such date, the stock transfer books of the Company are shall be closed, in which case on the next succeeding date on which such stock the transfer books are open) the Holder exercising the same shall be deemed to have become, and thereafter therefor shall be considered, a holder of record of the shares of Common Stock purchased upon such exercise for all purposes. Holders of Warrants shall have no rights of share ownership until they exercise their Warrants. The Company will, at the time of any exercise of any Warrant, upon the request of the Holder thereof, acknowledge in writing its continuing obligation to afford to that Holder any rights (including without limitation any right to registration of the Warrant Shares issued upon such exercise) to which the Holder shall continue to be entitled after such exercise in accordance with the provisions of this Agreement; provided, however, that if the Holder of a Warrant shall fail to make any such request, such failure shall not affect the continuing obligation of the Company to afford those rights to the Holdersuch Holder any of such rights.

Company to Reaffirm Obligations. On the date of any exercise of any Warrants (except that if, on that date, the stock transfer books of the Company are closed, in which case on the next succeeding date on which such stock transfer books are open) ), the Holder exercising the same shall will be deemed to have become, and thereafter shall will be considered, a holder of record of the shares of Common Stock purchased upon such exercise for all purposes. Holders of Warrants shall have no rights of share ownership until they exercise their Warrants. The Company will, at the time of any exercise of any Warrant, upon the request of the Holder thereof, acknowledge in writing its continuing obligation to afford to that Holder any rights (including without limitation any right to registration of the Warrant Shares issued upon such exercise) to which the Holder shall continue continues to be entitled after such exercise in accordance with the provisions of this Agreement; providedPROVIDED, howeverHOWEVER, that if the Holder of a Warrant shall fail fails to make any such request, such failure shall not affect the continuing obligation of the Company to afford those rights to the Holder.