Cancellation of Certificates. In the event that the Company shall purchase or otherwise acquire any Certificate or Certificates after the issuance thereof, such Certificate or Certificates shall thereupon be delivered to the Warrant Agent and be canceled by it and retired. The Warrant Agent shall also cancel any Certificate delivered to it for exercise, in whole or in part, or delivered to it for transfer, split-up, combination or exchange. Certificates so canceled shall be delivered by the Warrant Agent to the Company from time to time, or disposed of in accordance with the instructions of the Company.
Appears in 5 contracts
Samples: Warrant Agreement (Graymark Productions Inc), Warrant Agreement (Graymark Productions Inc), Unit and Warrant Agreement (Advantage Marketing Systems Inc/Ok)
