Common use of Company Acknowledgment Clause in Contracts

Company Acknowledgment. In the event the Holder elects to purchase only a portion of the Common Stock available under the Warrants, the Company will, at the time of the exercise of this Warrant and upon the request of the holder hereof, acknowledge in writing the number of shares of Common Stock to which such holder shall continue to be entitled to purchase after such exercise and in accordance with the provisions of this Warrant. If the holder shall fail to make any such request, such failure shall not affect the continuing obligation of the Company to afford to such holder any such rights.

Company Acknowledgment. In the event the Holder elects to purchase only a portion of the Common Stock available under the Warrants, the Company will, at the time of the exercise of this Warrant and upon the request of the holder Holder hereof, acknowledge in writing the number of shares of Common Stock to which such holder Holder shall continue to be entitled to purchase after such exercise and in accordance with the provisions of this Warrant. If the holder Holder shall fail to make any such request, such failure shall not affect the continuing obligation of the Company to afford to such holder any such rights.