{"component": "clause", "props": {"groups": [{"samples": [{"hash": "hhcYrxgAPF9", "uri": "/contracts/hhcYrxgAPF9#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agency Agreement (Sonoma Pharmaceuticals, Inc.)", "score": 37.2902107239, "published": true}, {"hash": "9etT4xei22Q", "uri": "/contracts/9etT4xei22Q#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agency Agreement (Sonoma Pharmaceuticals, Inc.)", "score": 37.2902107239, "published": true}, {"hash": "fQwx0FgBYjx", "uri": "/contracts/fQwx0FgBYjx#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agency Agreement (Sonoma Pharmaceuticals, Inc.)", "score": 37.2683105469, "published": true}], "size": 465, "snippet": "All Warrant Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Warrant Agent for cancellation or in canceled form, or, if surrendered to the Warrant Agent, shall be canceled by it, and no Warrant Certificates shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Agreement. The Company shall deliver to the Warrant Agent for cancellation and retirement, and the Warrant Agent shall so cancel and retire, any other Warrant Certificate purchased or acquired by the Company otherwise than upon the exercise thereof. The Warrant Agent shall deliver all canceled Warrant Certificates to the Company, or shall, at the written request of the Company, destroy such canceled Warrant Certificates, and in such case shall deliver a certificate of destruction thereof to the Company, subject to any applicable law, rule or regulation requiring the Warrant Agent to retain such canceled certificates.", "snippet_links": [{"key": "warrant-certificates", "type": "definition", "offset": [4, 24]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [37, 55]}, {"key": "split-up", "type": "clause", "offset": [76, 84]}, {"key": "to-the-company", "type": "clause", "offset": [132, 146]}, {"key": "warrant-agent-for", "type": "clause", "offset": [192, 209]}, {"key": "in-lieu", "type": "clause", "offset": [354, 361]}, {"key": "provisions-of-this-agreement", "type": "clause", "offset": [414, 442]}, {"key": "the-company-shall", "type": "clause", "offset": [444, 461]}, {"key": "deliver-to", "type": "definition", "offset": [462, 472]}, {"key": "cancellation-and-retirement", "type": "clause", "offset": [495, 522]}, {"key": "agent-shall", "type": "definition", "offset": [540, 551]}, {"key": "by-the-company", "type": "clause", "offset": [626, 640]}, {"key": "written-request", "type": "clause", "offset": [782, 797]}, {"key": "of-the-company", "type": "clause", "offset": [798, 812]}, {"key": "certificate-of-destruction", "type": "clause", "offset": [891, 917]}, {"key": "subject-to", "type": "clause", "offset": [942, 952]}, {"key": "applicable-law", "type": "definition", "offset": [957, 971]}, {"key": "rule-or-regulation", "type": "definition", "offset": [973, 991]}], "hash": "e0bbe11dbb20b7699ee6211d9f06d74c", "id": 1}, {"samples": [{"hash": "W2CjhRGTrV", "uri": "/contracts/W2CjhRGTrV#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agreement (Matrix Service Co)", "score": 21.0, "published": true}, {"hash": "kW0lWR8lemA", "uri": "/contracts/kW0lWR8lemA#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agreement (Magnum Hunter Resources Inc)", "score": 16.0, "published": true}, {"hash": "gBss5WntbA0", "uri": "/contracts/gBss5WntbA0#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agreement (Vista Energy Resources Inc)", "score": 16.0, "published": true}], "size": 10, "snippet": "All Warrant Certificates surrendered for the purpose of exercise, exchange, substitution or registration of transfer shall, if surrendered to the Company or to any of its agents, be delivered to the Warrant Agent for cancellation or in cancelled form or, if surrendered to Warrant Agent, shall be cancelled by it. The Company shall deliver to the Warrant Agent for cancellation and retirement, and such Warrant Agent shall so cancel and retire, any other Warrant Certificate purchased or acquired by the Company otherwise than upon the exercise thereof. The Warrant Agent shall deliver all cancelled Warrant Certificates to the Company, or shall, at the written request of the Company, destroy such cancelled Warrant Certificates, and in such case shall deliver a certificate of destruction thereof to the Company.", "snippet_links": [{"key": "warrant-certificates", "type": "definition", "offset": [4, 24]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [37, 55]}, {"key": "registration-of-transfer", "type": "clause", "offset": [92, 116]}, {"key": "to-the-company", "type": "clause", "offset": [139, 153]}, {"key": "warrant-agent-for", "type": "clause", "offset": [199, 216]}, {"key": "to-warrant", "type": "clause", "offset": [270, 280]}, {"key": "the-company-shall", "type": "clause", "offset": [314, 331]}, {"key": "deliver-to", "type": "definition", "offset": [332, 342]}, {"key": "cancellation-and-retirement", "type": "clause", "offset": [365, 392]}, {"key": "agent-shall", "type": "definition", "offset": [411, 422]}, {"key": "by-the-company", "type": "clause", "offset": [497, 511]}, {"key": "written-request", "type": "clause", "offset": [654, 669]}, {"key": "of-the-company", "type": "clause", "offset": [670, 684]}, {"key": "certificate-of-destruction", "type": "clause", "offset": [764, 790]}], "hash": "95d7f82b1b53ad134596537bac9c27b9", "id": 5}, {"samples": [{"hash": "fl5A5Rah4EX", "uri": "/contracts/fl5A5Rah4EX#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agency Agreement (Imperalis Holding Corp.)", "score": 34.2950019836, "published": true}, {"hash": "fh6d0coQb3u", "uri": "/contracts/fh6d0coQb3u#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agency Agreement (Polarityte, Inc.)", "score": 31.119096756, "published": true}, {"hash": "3WvF41yRiFG", "uri": "/contracts/3WvF41yRiFG#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agency Agreement (Air T Inc)", "score": 30.4455852509, "published": true}], "size": 77, "snippet": "All Warrant Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Warrant Agent for cancellation or in canceled form, or, if surrendered to the Warrant Agent, shall be canceled by it, and no Warrant Certificates shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Agreement. The Company shall deliver to the Warrant Agent for cancellation and retirement, and the Warrant Agent shall so cancel and retire, any other Warrant Certificate purchased or acquired by the Company otherwise than upon the exercise thereof.", "snippet_links": [{"key": "warrant-certificates", "type": "definition", "offset": [4, 24]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [37, 55]}, {"key": "split-up", "type": "clause", "offset": [76, 84]}, {"key": "to-the-company", "type": "clause", "offset": [132, 146]}, {"key": "warrant-agent-for", "type": "clause", "offset": [192, 209]}, {"key": "in-lieu", "type": "clause", "offset": [354, 361]}, {"key": "provisions-of-this-agreement", "type": "clause", "offset": [414, 442]}, {"key": "the-company-shall", "type": "clause", "offset": [444, 461]}, {"key": "deliver-to", "type": "definition", "offset": [462, 472]}, {"key": "cancellation-and-retirement", "type": "clause", "offset": [495, 522]}, {"key": "agent-shall", "type": "definition", "offset": [540, 551]}, {"key": "by-the-company", "type": "clause", "offset": [626, 640]}], "hash": "4fa61928d3710698c4e6848e758672ce", "id": 2}, {"samples": [{"hash": "2EPbu1PUkXe", "uri": "/contracts/2EPbu1PUkXe#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agency Agreement (SeqLL, Inc.)", "score": 35.3299102783, "published": true}, {"hash": "lQOrfukue5a", "uri": "/contracts/lQOrfukue5a#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agency Agreement (SeqLL, Inc.)", "score": 35.2915802002, "published": true}, {"hash": "ijY7VYX9Vpl", "uri": "/contracts/ijY7VYX9Vpl#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agency Agreement (SeqLL, Inc.)", "score": 35.0807647705, "published": true}], "size": 38, "snippet": "All Warrant Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange shall be surrendered to the Company or to any of its agents for cancellation or in canceled form.", "snippet_links": [{"key": "warrant-certificates", "type": "definition", "offset": [4, 24]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [37, 55]}, {"key": "split-up", "type": "clause", "offset": [76, 84]}, {"key": "to-the-company", "type": "clause", "offset": [131, 145]}], "hash": "2c7a6e8e9618a37c35aa16f947b81b58", "id": 3}, {"samples": [{"hash": "et2K9QRFiho", "uri": "/contracts/et2K9QRFiho#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agreement (Coliseum Capital Management, LLC)", "score": 26.2101306915, "published": true}, {"hash": "cPFbtZN0l0E", "uri": "/contracts/cPFbtZN0l0E#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agreement (BioScrip, Inc.)", "score": 26.1854896545, "published": true}, {"hash": "bEuT4YP5wee", "uri": "/contracts/bEuT4YP5wee#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agreement (BioScrip, Inc.)", "score": 21.2436695099, "published": true}], "size": 26, "snippet": "All Warrant Certificates surrendered to the Company for the purpose of exercise, exchange, substitution or transfer shall be cancelled by it, and no Warrant Certificates shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Agreement. The Company shall cancel and retire any other Warrant Certificates purchased or acquired by the Company otherwise than upon the exercise thereof.", "snippet_links": [{"key": "warrant-certificates", "type": "definition", "offset": [4, 24]}, {"key": "to-the-company", "type": "clause", "offset": [37, 51]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [52, 70]}, {"key": "in-lieu", "type": "clause", "offset": [186, 193]}, {"key": "provisions-of-this-agreement", "type": "clause", "offset": [246, 274]}, {"key": "the-company-shall", "type": "clause", "offset": [276, 293]}, {"key": "by-the-company", "type": "clause", "offset": [365, 379]}], "hash": "531bd34b828b2670e437a43a9f0ff205", "id": 4}, {"samples": [{"hash": "iCbP5TcwhLY", "uri": "/contracts/iCbP5TcwhLY#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agreement (Citizens Bancorp)", "score": 20.1197814941, "published": true}, {"hash": "1IOY3gXVZA1", "uri": "/contracts/1IOY3gXVZA1#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agreement (Citizens Bancorp)", "score": 19.8213558197, "published": true}], "size": 2, "snippet": "The Warrant Agent shall cancel any Warrants surrendered for exchange, substitution, transfer or exercise in whole or in part. Warrant Agent shall retain such canceled certificates in accordance with applicable laws, rules and regulations, and Warrant Agent\u2019s record retention policies and procedures.", "snippet_links": [{"key": "agent-shall", "type": "definition", "offset": [12, 23]}, {"key": "exercise-in-whole-or-in-part", "type": "clause", "offset": [96, 124]}, {"key": "with-applicable-laws", "type": "clause", "offset": [194, 214]}, {"key": "rules-and-regulations", "type": "clause", "offset": [216, 237]}, {"key": "record-retention", "type": "clause", "offset": [259, 275]}, {"key": "policies-and-procedures", "type": "definition", "offset": [276, 299]}], "hash": "ed483fd9222342bb3a25b473f4f31e17", "id": 6}, {"samples": [{"hash": "lkTafCEo69z", "uri": "/contracts/lkTafCEo69z#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agreement (Eott Energy LLC)", "score": 18.0, "published": true}, {"hash": "eBSnToTHA9j", "uri": "/contracts/eBSnToTHA9j#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agreement (Samuels Jewelers Inc)", "score": 18.0, "published": true}], "size": 2, "snippet": "All Warrant Certificates surrendered for the purpose of exercise (in whole or in part), exchange, transfer, split up, combination or substitution if mutilated shall, if surrendered to the Company or to any of its agents, be delivered to the Warrant Agent for cancellation or in cancelled form, or if surrendered to the Warrant Agent shall be cancelled by it, and no Warrant Certificates shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Agreement. If the Company purchases or acquires Warrants and if the Company so chooses, the Company may deliver to the Warrant Agent for cancellation and retirement, and the Warrant Agent shall so cancel and retire, the Warrant Certificates evidencing said Warrants. The Warrant Agent shall retain all cancelled Warrant Certificates for a period of one year and return the cancelled certificates to the Company.", "snippet_links": [{"key": "for-the-purpose-of", "type": "definition", "offset": [37, 55]}, {"key": "split-up", "type": "clause", "offset": [108, 116]}, {"key": "to-the-company", "type": "clause", "offset": [181, 195]}, {"key": "warrant-agent-for", "type": "clause", "offset": [241, 258]}, {"key": "agent-shall", "type": "definition", "offset": [327, 338]}, {"key": "in-lieu", "type": "clause", "offset": [403, 410]}, {"key": "provisions-of-this-agreement", "type": "clause", "offset": [463, 491]}, {"key": "company-purchases", "type": "clause", "offset": [500, 517]}, {"key": "deliver-to", "type": "definition", "offset": [586, 596]}, {"key": "cancellation-and-retirement", "type": "clause", "offset": [619, 646]}, {"key": "the-warrant-certificates", "type": "clause", "offset": [698, 722]}, {"key": "certificates-for", "type": "clause", "offset": [802, 818]}, {"key": "period-of", "type": "definition", "offset": [821, 830]}, {"key": "one-year", "type": "clause", "offset": [831, 839]}, {"key": "and-return", "type": "clause", "offset": [840, 850]}, {"key": "cancelled-certificates", "type": "definition", "offset": [855, 877]}], "hash": "4cfbe2d469c1284001ba50d8de87fa42", "id": 7}, {"samples": [{"hash": "7M5UwRTH9Xo", "uri": "/contracts/7M5UwRTH9Xo#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agreement (Pillowtex Corp)", "score": 16.0, "published": true}], "size": 2, "snippet": "All Warrant ---------------------------------------------------- Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange will, if surrendered to the Company, be delivered to the Warrant Agent for cancellation or in canceled form, or, if surrendered to the Warrant Agent, will be canceled by the Warrant Agent, and no Warrant Certificates will be issued in lieu thereof except as expressly permitted by this Agreement. The Company will deliver to the Warrant Agent for cancellation and retirement, and the Warrant Agent will so cancel and retire, any other Warrant Certificate purchased or acquired by the Company otherwise than upon the exercise thereof. The Warrant Agent will destroy such canceled and retired Warrant Certificates upon written instruction of the Company.", "snippet_links": [{"key": "for-the-purpose-of", "type": "definition", "offset": [90, 108]}, {"key": "split-up", "type": "clause", "offset": [129, 137]}, {"key": "to-the-company", "type": "clause", "offset": [184, 198]}, {"key": "warrant-agent-for", "type": "clause", "offset": [220, 237]}, {"key": "warrant-certificates", "type": "definition", "offset": [359, 379]}, {"key": "in-lieu", "type": "clause", "offset": [395, 402]}, {"key": "by-this-agreement", "type": "clause", "offset": [441, 458]}, {"key": "the-company-will", "type": "clause", "offset": [460, 476]}, {"key": "deliver-to", "type": "definition", "offset": [477, 487]}, {"key": "cancellation-and-retirement", "type": "clause", "offset": [510, 537]}, {"key": "by-the-company", "type": "clause", "offset": [640, 654]}, {"key": "written-instruction", "type": "clause", "offset": [780, 799]}, {"key": "of-the-company", "type": "clause", "offset": [800, 814]}], "hash": "84b94771cb3b5ae57c6dfb09bb569cc7", "id": 8}, {"samples": [{"hash": "2UBIQx0Ukz7", "uri": "/contracts/2UBIQx0Ukz7#cancellation-and-destruction-of-warrant-certificates", "label": "Warrant Agreement (U S Aggregates Inc)", "score": 18.0, "published": true}], "size": 2, "snippet": "4 2.5 Deemed Exercise of Warrants Prior to Expiration Date........... 4 2.6", "snippet_links": [{"key": "exercise-of-warrants", "type": "clause", "offset": [13, 33]}, {"key": "prior-to", "type": "definition", "offset": [34, 42]}, {"key": "expiration-date", "type": "definition", "offset": [43, 58]}], "hash": "7a29446fb3537693621737d1a37cee5c", "id": 9}, {"samples": [{"hash": "fkyQ3MyWSpE", "uri": "/contracts/fkyQ3MyWSpE#cancellation-and-destruction-of-warrant-certificates", "label": "Agreement and Plan of Merger (Bj Services Co)", "score": 18.0, "published": true}], "size": 2, "snippet": "All Warrant Certificates surrendered for the purpose of exercise, transfer, split up, combination or exchange shall, if surrendered to BJ or to any or its agents, be delivered to the Warrant Agent for cancellation or in cancelled form, or, if surrendered to the Warrant Agent, shall be cancelled by it, and no Warrant Certificates shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Warrant Agreement. BJ shall deliver to the Warrant Agent for cancellation and retirement, and the Warrant Agent shall so cancel and retire, any other Warrant Certificate purchased or acquired by BJ otherwise then upon the exercise thereof. The Warrant Agent shall deliver all cancelled Warrant Certificates to BJ, or shall, at the written request of BJ, destroy such cancelled Warrant Certificates, and in such case shall deliver a certificate of destruction thereof to BJ.", "snippet_links": [{"key": "warrant-certificates", "type": "definition", "offset": [4, 24]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [37, 55]}, {"key": "split-up", "type": "clause", "offset": [76, 84]}, {"key": "warrant-agent-for", "type": "clause", "offset": [183, 200]}, {"key": "in-lieu", "type": "clause", "offset": [347, 354]}, {"key": "warrant-agreement", "type": "definition", "offset": [426, 443]}, {"key": "deliver-to", "type": "definition", "offset": [454, 464]}, {"key": "cancellation-and-retirement", "type": "clause", "offset": [487, 514]}, {"key": "agent-shall", "type": "definition", "offset": [532, 543]}, {"key": "written-request", "type": "clause", "offset": [757, 772]}, {"key": "certificate-of-destruction", "type": "clause", "offset": [858, 884]}], "hash": "ddebe1fd30efa1011cadc179d324b498", "id": 10}], "next_curs": "Cn0Sd2oVc35sYXdpbnNpZGVyY29udHJhY3RzclkLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ij1jYW5jZWxsYXRpb24tYW5kLWRlc3RydWN0aW9uLW9mLXdhcnJhbnQtY2VydGlmaWNhdGVzIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"size": 638, "title": "Cancellation and Destruction of Warrant Certificates", "parents": [["exercise-of-warrants-payment-of-purchase-price", "Exercise of Warrants Payment of Purchase Price"], ["miscellaneous", "Miscellaneous"], ["exercise-of-warrants-payment-of-exercise-price", "Exercise of Warrants Payment of Exercise Price"], ["transfer-and-exchange-of-warrants", "Transfer and Exchange of Warrants"], ["governing-law", "Governing Law"]], "children": [["expiration-of-rights-options-and-conversion-privileges", "Expiration of Rights, Options and Conversion Privileges"], ["issuance-of-common-stock-at-lower-values", "Issuance of Common Stock at Lower Values"], ["rights-options-warrants", "Rights; Options; Warrants"], ["distributions-of-debt-assets-subscription-rights-or-convertible-securities", "Distributions of Debt, Assets, Subscription Rights or          Convertible Securities"], ["stock-dividend-stock-splits-reverse-stock-splits-reclassifications", "Stock Dividend; Stock Splits; Reverse Stock Splits;          Reclassifications"]], "id": "cancellation-and-destruction-of-warrant-certificates", "related": [["cancellation-and-destruction-of-right-certificates", "Cancellation and Destruction of Right Certificates", "Cancellation and Destruction of Right Certificates"], ["cancellation-of-warrant-certificates", "Cancellation of Warrant Certificates", "Cancellation of Warrant Certificates"], ["cancellation-and-destruction-of-rights-certificates", "Cancellation and Destruction of Rights Certificates", "Cancellation and Destruction of Rights Certificates"], ["loss-theft-and-mutilation-of-warrant-certificates", "Loss, Theft and Mutilation of Warrant Certificates", "Loss, Theft and Mutilation of Warrant Certificates"], ["execution-of-warrant-certificates", "Execution of Warrant Certificates", "Execution of Warrant Certificates"]], "related_snippets": [], "updated": "2026-07-02T06:35:13+00:00", "also_ask": ["What safeguards ensure proper documentation and verification of cancelled or destroyed warrant certificates?", "How can parties negotiate rights to audit or review the cancellation and destruction process?", "What are the legal consequences if warrant certificates are not properly cancelled or destroyed?", "How does this clause compare to industry standards or statutory requirements for similar instruments?", "What evidence is required in court to prove compliance with cancellation and destruction obligations?"], "drafting_tip": "Specify procedures for cancellation and destruction, require documentation of actions taken, and assign responsibility to a party to prevent misuse and ensure accountability.", "explanation": "The \"Cancellation and Destruction of Warrant Certificates\" clause outlines the procedures for invalidating and disposing of warrant certificates that have been exercised, expired, or otherwise rendered void. Typically, this clause specifies that once a warrant is exercised or no longer valid, the physical certificate must be surrendered to the issuing company or its agent, who will then cancel and destroy it to prevent any future use. This process ensures that only valid, outstanding warrants remain in circulation, thereby preventing fraud and maintaining accurate records of outstanding obligations."}, "json": true, "cursor": ""}}