Common use of Certain Exercise Provisions Clause in Contracts

Certain Exercise Provisions. If any Warrant is exercised in part only, a new Warrant Certificate, dated the date of such exercise, evidencing the rights of the Holder thereof to purchase the balance of the shares of Stock purchasable under such original Warrant shall promptly be issued to such Holder. Upon receipt of any Warrant Certificate by the Warrant Agent, at its office, in proper form for exercise and accompanied by payments as herein provided, the Holder shall be deemed to be the holder of record of the shares of Stock issuable upon such exercise, notwithstanding that the stock transfer books of the Company shall then be closed or that certificates or confirmation representing such shares of Stock shall not then be actually delivered to the Holder.

Appears in 3 contracts

Samples: Warrant Agreement (Central Federal Corp), Warrant Agreement (Central Federal Corp), Warrant Agreement (Central Federal Corp)

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Certain Exercise Provisions. If any Non-Transferable Warrant is exercised in part only, a new Warrant Certificate, dated the date of such exercise, evidencing the rights of the Holder thereof to purchase the balance of the shares of Stock purchasable under such original Non-Transferable Warrant shall promptly be issued to such Holder. Upon receipt of any Warrant Certificate by the Warrant Agent, at its office, in proper form for exercise and accompanied by payments as herein provided, the Holder shall be deemed to be the holder of record of the shares of Stock issuable upon such exercise, notwithstanding that the stock transfer books of the Company shall then be closed or that certificates or confirmation representing such shares of Stock shall not then be actually delivered to the Holder.

Appears in 3 contracts

Samples: Warrant Agreement, Warrant Agreement (Camco Financial Corp), Warrant Agreement (Camco Financial Corp)

Certain Exercise Provisions. If any Warrant is exercised in part only, a new Warrant Certificate, dated the date of such exercise, evidencing the rights of the Holder thereof to purchase the balance of the shares of Class B Stock purchasable under such original Warrant shall promptly be issued to such Holder. Upon receipt of any Warrant Certificate by the Warrant Agent, at its office, in proper form for exercise and accompanied by payments as herein provided, the Holder shall be deemed to be the holder of record of the shares of Class B Stock issuable upon such exercise, notwithstanding that the stock transfer books of the Company shall then be closed or that certificates or confirmation representing such shares of Class B Stock shall not then be actually delivered to the Holder.

Appears in 1 contract

Samples: Warrant Agreement (Admiralty Bancorp Inc)

Certain Exercise Provisions. If any Warrant is exercised in part only, a new Warrant Certificate, dated the date of such exercise, evidencing the rights of the Holder thereof to purchase the balance of the shares of Common Stock purchasable under such original Warrant shall promptly be issued to such Holder. Upon receipt of any Warrant Certificate by the Warrant Agent, at its office, in proper form for exercise and accompanied by payments as herein provided, the Holder shall be deemed to be the holder of record of the shares of Common Stock issuable upon such exercise, notwithstanding that the stock transfer books of the Company shall then be closed or that certificates or confirmation representing such shares of Common Stock shall not then be actually delivered to the Holder.

Appears in 1 contract

Samples: Warrant Agreement (1st Colonial Bancorp Inc)

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Certain Exercise Provisions. If any Warrant is exercised in part only, a new Warrant Certificate, dated the date of such exercise, evidencing the rights of the Holder thereof to purchase the balance of the shares of Stock purchasable under such original Warrant shall promptly be issued to such Holder. Upon receipt of any Warrant Certificate by the Warrant Agent, at its office, in proper form for exercise and accompanied by payments as herein provided, the Holder shall be deemed to be the holder of record of the shares of Stock issuable upon such exercise, notwithstanding that the stock transfer books of the Company shall then be closed or that certificates or confirmation representing such shares of Stock shall not then be actually delivered to the Holder.

Appears in 1 contract

Samples: Warrant Agreement (First Capital Bancorp, Inc.)

Certain Exercise Provisions. If any Warrant is exercised in part only, a new Warrant Certificate, dated the date of such exercise, evidencing the rights of the Holder thereof Recipient to purchase the balance of the shares of Stock purchasable under such original Warrant shall promptly will be issued promptly to such HolderRecipient. Upon receipt of any Warrant Certificate by the Warrant Agent, at its office, in proper form for exercise and accompanied by payments as herein providedprovided in this Agreement, the Holder Recipient shall be deemed to be the holder of record of the shares of Stock issuable upon such exercise, notwithstanding that the stock transfer books of the Company shall then be closed or that certificates or confirmation representing such shares of Stock shall not then be actually delivered to the HolderRecipient.

Appears in 1 contract

Samples: Warrant Agreement (New Peoples Bankshares Inc)

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