Common use of Continued Validity Clause in Contracts

Continued Validity. A holder of Warrant Shares shall continue to be entitled with respect to such Warrant Shares to all rights and subject to all obligations to which it would have been entitled or subject as a Warrant Holder under Sections 14 through 24 of this Warrant Agreement. The Issuer will, at the time of each exercise of any Warrant, in whole or in part, upon the request of the holder of the Warrant Shares issued upon such exercise thereof, acknowledge in writing, in form reasonably satisfactory to such holder, its continuing obligation to afford to such holder all such rights, provided, however, that if such holder shall fail to make any such request, such failure shall not affect the continuing obligation of the Issuer to afford to such holder all such rights.

Appears in 2 contracts

Samples: Warrant Agreement (Opticare Health Systems Inc), Warrant Agreement (It Partners Inc)

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Continued Validity. A holder Holder of Warrant Shares shall continue to be entitled with respect to such Warrant Shares shares to all rights and subject to all obligations to which it would have been entitled or subject as a Warrant Holder under Sections 14 through 24 Section 4.5 and Article 8 of this Warrant AgreementWarrant. The Issuer Company will, at the time of each exercise of any this Warrant, in whole or in part, upon the request of the holder Holder of the Warrant Shares issued upon such exercise thereofhereof, acknowledge in writing, writing in form reasonably satisfactory to such holderHolder, its continuing obligation to afford to such holder Holder all such rights, ; provided, however, that if such holder Holder shall fail to make any such request, such failure shall not affect the continuing obligation of the Issuer Company to afford to such holder Holder all such rights.

Appears in 2 contracts

Samples: Clubcorp Inc, Quokka Sports Inc

Continued Validity. A holder Holder of Warrant Shares shall continue to be entitled with respect to such Warrant Shares shares to all rights and subject to all obligations to which it would have been entitled or subject as a Warrant Holder under Sections 14 through 24 Section 4.5 and Article 8 of this Warrant AgreementWarrant. The Issuer Company will, at the time of each exercise of any this Warrant, in whole or in part, upon the request of the holder Holder of the Warrant Shares issued upon such exercise thereofhereof, acknowledge in writing, writing in form reasonably satisfactory to such holderHolder, its continuing obligation to afford to such holder Holder all such rights; PROVIDED, provided, howeverHOWEVER, that if such holder Holder shall fail to make any such request, such failure shall not affect the continuing obligation of the Issuer Company to afford to such holder Holder all such rights.

Appears in 2 contracts

Samples: Granite Broadcasting Corp, Granite Broadcasting Corp

Continued Validity. A holder of Warrant Shares shall continue to ------------------ be entitled with respect to such Warrant Shares to all rights and subject to all obligations to which it would have been entitled or subject as a Warrant Holder under Sections 14 through 24 of this Warrant Agreement. The Issuer will, at the time of each exercise of any Warrant, in whole or in part, upon the request of the holder of the Warrant Shares issued upon such exercise thereof, acknowledge in writing, in form reasonably satisfactory to such holder, its continuing obligation to afford to such holder all such rights, provided, however, that if such holder shall fail to make any such request, such failure shall not affect the continuing obligation of the Issuer to afford to such holder all such rights.

Appears in 1 contract

Samples: Third Warrant Agreement (Communications Central Inc)

Continued Validity. A holder of Warrant Shares shall continue to be entitled with respect to such Warrant Shares to all rights and subject to all obligations to which it would have been entitled or subject as a Warrant Holder under Sections 14 through 24 23 of this Warrant Agreement. The Issuer will, at the time of each exercise of any Warrant, in whole or in part, upon the request of the holder of the Warrant Shares issued upon such exercise thereof, acknowledge in writing, in form reasonably satisfactory to such holder, its continuing obligation to afford to such holder all such rights, providedPROVIDED, howeverHOWEVER, that if such holder shall fail to make any such request, such failure shall not affect the continuing obligation of the Issuer to afford to such holder all such rights.

Appears in 1 contract

Samples: Warrant Agreement (Sunpharm Corporation)

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Continued Validity. A holder of Warrant Shares shall continue to be entitled with respect to such Warrant Shares to all rights and subject to all obligations to which it would have been entitled or subject as a Warrant Holder under Sections 14 through 24 23 of this Warrant Agreement. The Issuer will, at the time of each exercise of any Warrant, in whole or in part, upon the request of the holder of the Warrant Shares issued upon such exercise thereof, acknowledge in writing, in form reasonably satisfactory to such holder, its continuing obligation to afford to such holder all such rights, provided, however, that if such holder shall fail to make any such request, such failure shall not affect the continuing obligation of the Issuer to afford to such holder all such rights.

Appears in 1 contract

Samples: Warrant Agreement (Sight Resource Corp)

Continued Validity. A holder of Warrant Shares shall continue to be ------------------ entitled with respect to such Warrant Shares to all rights and subject to all obligations to which it would have been entitled or subject as a Warrant Holder under Sections 14 through 24 of this the applicable Warrant Agreement. The Issuer will, at the time of each exercise of any Warrant, in whole or in part, upon the request of the holder of the Warrant Shares issued upon such exercise thereof, acknowledge in writing, in form reasonably satisfactory to such holder, its continuing obligation to afford to such holder all such rights, provided, however, that if such holder shall fail to make any such request, such failure shall not affect the continuing obligation of the Issuer to afford to such holder all such rights.

Appears in 1 contract

Samples: Registration Rights Agreement (Communications Central Inc)

Continued Validity. A holder of Warrant Shares shall continue ------------------ to be entitled with respect to such Warrant Shares to all rights and subject to all obligations to which it would have been entitled or subject as a Warrant Holder under Sections 14 through 24 of this Warrant Agreement. The Issuer will, at the time of each exercise of any Warrant, in whole or in part, upon the request of the holder of the Warrant Shares issued upon such exercise thereof, acknowledge in writing, in form reasonably satisfactory to such holder, its continuing obligation to afford to such holder all such rights, provided, however, that if such holder shall fail to make any such request, such failure shall not affect the continuing obligation of the Issuer to afford to such holder all such rights.

Appears in 1 contract

Samples: Warrant Agreement (Satellink Communications Inc)

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