Common use of Acknowledgment by Company Clause in Contracts

Acknowledgment by Company. The Company will, at the time of or at any ------------------------- time after each exercise of this Warrant, upon the request of the holder hereof or of any shares of Common Stock issued upon such exercise, acknowledge in writing its continuing obligation to afford to such holder all rights to which such holder shall continue to be entitled, after such exercise in accordance with the terms of this Warrant, provided, that if any such holder shall fail to make any such request, the failure shall not affect the continuing obligation of the Company to afford such rights to such holder.

Acknowledgment by Company. The Company will, at the time of or ------------------------- at any ------------------------- time after each exercise of this Warrant, upon the request of the holder hereof or of any shares of Common Stock issued upon such exercise, acknowledge in writing its continuing obligation to afford to such holder all rights to which such holder shall continue to be entitled, after such exercise in accordance with the terms of this Warrant, provided, that if any such holder shall fail to make any such request, the failure shall not affect the continuing obligation of the Company to afford such rights to such holder.