Common use of Appointment of Trustee for Warrant Holders Upon Dissolution Clause in Contracts

Appointment of Trustee for Warrant Holders Upon Dissolution. In the event of any dissolution of the Company, the Company, prior to such dissolution, will, at its expense, deliver or cause to be delivered the securities, property, and/or cash receivable by the registered holder of the Warrant after the effective date of such dissolution pursuant to this Section 4 to a bank or trust company having its principal office in Delaware, as trustee for the registered holder of this Warrant.

Appears in 3 contracts

Samples: Stock Purchase Warrant (Epicept Corp), Stock Purchase Warrant (Epicept Corp), Stock Purchase Warrant (Epicept Corp)

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Appointment of Trustee for Warrant Holders Upon Dissolution. In the event of any dissolution of the Company, the Company, prior to such dissolution, willshall, at its expense, deliver or cause to be delivered the stock, other securities, property, and/or cash receivable by the registered holder of the this Warrant after the effective date of such dissolution pursuant to this Section 4 3 to a bank or trust company having its principal office in Delawarecompany, as trustee for the registered holder of this Warrant.

Appears in 1 contract

Samples: Exchange Agreement (Divine Inc)

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