Common use of Book Entry Form Clause in Contracts

Book Entry Form. If Plan Warrants are issued in uncertificated form (“Book Entry”), the Warrant Agent shall maintain records of the number of Plan Warrants owned by each registered Warrant Holder. The Warrant Agent shall report ownership positions to the Warrant Holders no more than sixty (60) days after the end of each calendar year or, if requested in writing by a Warrant Holder, each calendar quarter. The report shall indicate any transactions regarding the Plan Warrants such as exercises or transfers. The report shall be delivered by regular mail to the address appearing on a Warrant Agent’s records for any Warrant Holder. A Warrant Holder may elect delivery by e-mail or other similar delivery option as an alternative to regular mail. At any time an Issuer determines not to maintain Book Entry for the Plan Warrants, the Issuer it may certificate and deliver the warrants to the Warrant Holders at no cost to the Warrant Holders for the certification.

Book Entry Form. If Plan Warrants are issued in uncertificated form (“"Book Entry”"), the Warrant Agent shall maintain records of the number of Plan Warrants owned by each registered Warrant Holder. The Warrant Agent shall report ownership positions to the Warrant Holders no more than sixty (60) days after the end of each calendar year or, if requested in writing by a Warrant Holder, each calendar quarter. The report shall indicate any transactions regarding the Plan Warrants such as exercises or transfers. The report shall be delivered by regular mail to the address appearing on a Warrant Agent’s 's records for any Warrant Holder. A Warrant Holder may elect delivery by e-mail or other similar delivery option as an alternative to regular mail. At any time an Issuer determines not to maintain Book Entry for the Plan Warrants, the Issuer it may certificate and deliver the warrants to the Warrant Holders at no cost to the Warrant Holders for the certification.