Common use of Delivery of New Warrants Upon Exercise Clause in Contracts

Delivery of New Warrants Upon Exercise. If this Underwriter’s Warrant shall have been exercised in part, the Company shall, at the request of a Holder and upon surrender of this Underwriter’s Warrant certificate, at the time of delivery of the Warrant Securities, deliver to the Holder a new Warrant evidencing the rights of the Holder to purchase the unpurchased Warrant Securities called for by this Underwriter’s Warrant, which new Warrant shall in all other respects be identical with this Underwriter’s Warrant.

Appears in 3 contracts

Samples: Underwriting Agreement (Harbor Custom Development, Inc.), Underwriting Agreement (Harbor Custom Development, Inc.), Underwriting Agreement (Pyxis Tankers Inc.)

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Delivery of New Warrants Upon Exercise. If this Underwriter’s Warrant shall have been exercised in part, the Company shall, at the request of a Holder and upon surrender of this Underwriter’s Warrant certificate, at the time of delivery of the Warrant SecuritiesShares, deliver to the Holder a new Warrant evidencing the rights of the Holder to purchase the unpurchased Warrant Securities Shares called for by this Underwriter’s Warrant, which new Warrant shall in all other respects be identical with this Underwriter’s Warrant.

Appears in 2 contracts

Samples: Underwriting Agreement (Harbor Custom Development, Inc.), Underwriting Agreement (Harbor Custom Development, Inc.)

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Delivery of New Warrants Upon Exercise. If this Underwriter’s 's Warrant shall have been exercised in part, the Company shall, at the request of a Holder and upon surrender of this Underwriter’s 's Warrant certificate, at the time of delivery of the Warrant SecuritiesShares, deliver to the Holder a new Warrant evidencing the rights of the Holder to purchase the unpurchased Warrant Securities Shares called for by this Underwriter’s 's Warrant, which new Warrant shall in all other respects be identical with this Underwriter’s 's Warrant.

Appears in 1 contract

Samples: Underwriting Agreement (Pyxis Tankers Inc.)

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