DELIVERY OF WARRANT SHARES; EFFECTIVENESS OF EXERCISE. (a) DELIVERY OF WARRANT SHARES. A stock certificate or certificates for the Warrant Shares specified in the Exercise Form along with a check for the amount of cash to be paid in lieu of fractional shares, if any, shall be delivered to the Warrantholder within 10 Business Days after the Exercise Date (as defined herein). If this Warrant shall have been exercised only in part, the Company shall, at the time of delivery of the stock certificate or certificates and cash in lieu of fractional shares, if any, deliver to the Warrantholder a new Warrant evidencing the rights to purchase the remaining Warrant Shares, which new Warrant shall in all other respects be identical with this Warrant.
Appears in 3 contracts
Samples: Platinum Entertainment Inc, Platinum Entertainment Inc, Platinum Entertainment Inc
DELIVERY OF WARRANT SHARES; EFFECTIVENESS OF EXERCISE. (a) DELIVERY OF WARRANT SHARES. A stock certificate or certificates for the Warrant Shares specified in the Exercise Form along with a check for the amount of cash to be paid in lieu of fractional shares, if any, shall be delivered to the Warrantholder within 10 three Business Days after the Exercise Date (as defined herein). If this Warrant shall have been exercised only in part, the Company HRN shall, at the time of delivery of the stock certificate or certificates and cash in lieu of fractional shares, if any, deliver to the Warrantholder a new Warrant evidencing the rights to purchase the remaining Warrant Shares, which new Warrant shall in all other respects be identical with this Warrant.
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Samples: Hotel Reservations Network Inc, Hotel Reservations Network Inc