Common use of CANCELLATION AND REISSUANCE Clause in Contracts

CANCELLATION AND REISSUANCE. If any Initial Holder or any of its Affiliates assigns or otherwise transfers any of its Notes, or assigns any of its rights or obligations thereunder to any Person, such Initial Holder may request (upon 10 Business Days' prior notice to the Company) that a number of warrants held by such Initial Holder be cancelled on the date of such assignment and transfer and that a like number of Warrants be issued by the Company to the Person to whom such Notes are being assigned or otherwise transferred. Upon the date specified in such request, the Company shall issue, and the Initial Holder shall deliver to the Company for cancellation, such number of warrants as aforesaid and the Company and such Person shall execute and deliver an instrument pursuant to which such Person becomes a "Holder" hereunder entitled to all the benefits accorded to a Holder under, and subject to all of the obligations imposed upon a Holder pursuant to, this Agreement and the warrants. WARRANT AGREEMENT

CANCELLATION AND REISSUANCE. If Subject to compliance with the provisions of SECTION 4 hereof, if any Initial Holder or any of its Affiliates assigns or otherwise transfers any or all of its Notesloans and/or commitments (including by selling participations therein) arising pursuant to the Loan Agreement, or assigns or otherwise transfers any of its rights or obligations thereunder under the Loan Agreement to any Person, such Initial Holder may request (upon 10 five Business Days' prior notice to the Company) that a number of warrants Warrants held by such Initial Holder be cancelled on the date of such assignment and transfer and that a like number of Warrants be issued by the Company to the Person to whom such Notes loans and/or commitments, or such rights or obligations, are being assigned or otherwise transferred. Upon the date specified in such request, the Company shall issue, and the Initial Holder shall deliver to the Company for cancellation, such number of warrants Warrants as aforesaid and the Company and such Person shall execute and deliver an instrument pursuant to which such Person becomes a "Holder" hereunder entitled to all the benefits accorded to a Holder under, and subject to all of the obligations imposed upon a Holder pursuant to, this Agreement and the warrants. WARRANT AGREEMENTWarrants.

CANCELLATION AND REISSUANCE. If any Initial Holder or any of its Affiliates assigns or otherwise transfers any of its Notes, or assigns any of its rights or obligations thereunder to any Person, such Initial Holder may request (upon 10 Business Days' prior notice to the Company) that a number of warrants Warrants held by such Initial Holder be cancelled on the date of such assignment and transfer and that a like number of Warrants be issued by the Company to the Person to whom such Notes are being assigned or otherwise transferred. Upon the date specified in such request, the Company shall issue, and the Initial Holder shall deliver to the Company for cancellation, such number of warrants Warrants as aforesaid and the Company and such Person shall execute and deliver an instrument pursuant to which such Person becomes a "Holder" hereunder entitled to all the benefits accorded to a Holder under, and subject to all of the obligations imposed upon a Holder pursuant to, this Agreement and the warrants. WARRANT AGREEMENTWarrants.

CANCELLATION AND REISSUANCE. If Subject to compliance with the provisions of Section 4 hereof, if any Initial Holder or any of its Affiliates assigns or otherwise transfers any or all of its Notesloans and/or commitments (including by selling participations therein) arising pursuant to the Loan Agreement, or assigns or otherwise transfers any of its rights or obligations thereunder under the Loan Agreement to any Person, such Initial Holder may request (upon 10 five Business Days' prior notice to the Company) that a number of warrants Warrants held by such Initial Holder be cancelled on the date of such assignment and transfer and that a like number of Warrants be issued by the Company to the Person to whom such Notes loans and/or commitments, or such rights or obligations, are being assigned or otherwise transferred. Upon the date specified in such request, the Company shall issue, and the Initial Holder shall deliver to the Company for cancellation, such number of warrants Warrants as aforesaid and the Company and such Person shall execute and deliver an instrument pursuant to which such Person becomes a "Holder" hereunder entitled to all the benefits accorded to a Holder under, and subject to all of the obligations imposed upon a Holder pursuant to, this Agreement and the warrants. WARRANT AGREEMENTWarrants.