Disposition of Proceeds on Exercise of Warrants. (i) The Warrant Agent shall promptly forward to the Company all monies received by the Warrant Agent for the purchase of shares of Common Stock through the exercise of such Warrants; provided, however, that the Warrant Agent may retain an amount equal to the Exercise Fee, if any, until the Company has satisfied its obligations under Section 5(c)(ii). (ii) The Warrant Agent shall keep copies of this Agreement available for inspection by holders of Warrants during normal business hours.
Appears in 6 contracts
Samples: Warrant Agreement (Frontline Communication Corp), Warrant Agreement (On Stage Entertainment Inc), Warrant Agreement (American Card Technology Inc)
Disposition of Proceeds on Exercise of Warrants. (i) The Warrant Agent shall promptly forward to the Company all monies received by the Warrant Agent for the purchase of shares of Common Stock through the exercise of such Warrants; provided, however, that the Warrant Agent may retain an amount equal to the Exercise Fee, if any, until the Company has satisfied its obligations under Section 5(c)(ii5(c)(2).
(ii) The Warrant Agent shall keep copies of this Agreement available for inspection by holders of Warrants during normal business hours.
Appears in 2 contracts
Samples: Warrant Agreement (Recovery Network Inc), Warrant Agreement (Delcath Systems Inc)
Disposition of Proceeds on Exercise of Warrants. (i) The Warrant Agent shall promptly forward to the Company all monies received by the Warrant Agent for the purchase of shares of Common Stock through the exercise of such Warrants; provided, however, that the Warrant Agent may retain an amount equal to the Exercise Fee, if any, until the Company has satisfied its obligations under Section 5(c)(ii5(c)(i).
(ii) The Warrant Agent shall keep copies of this Agreement available for inspection by holders of Warrants during normal business hours.
Appears in 2 contracts
Samples: Warrant Agreement (Tuscany Inc), Warrant Agreement (Tuscany Inc)
