Common use of Exchange and Replacement of Warrant Certificates Clause in Contracts

Exchange and Replacement of Warrant Certificates. Each Warrant ------------------------------------------------------ Certificate is exchangeable without expense, upon the surrender thereof by the registered Holder at the principal executive office of the Company, for a new Warrant Certificate of like tenor and date representing in the aggregate the right to purchase the same number of Common Stock in such denominations as shall be designed by the Holder thereof at the time of such surrender. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of any Warrant Certificate, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it, and reimbursement to the Company of all reasonable expenses incidental thereto, and upon surrender and cancellation of the Series A Warrant, if mutilated, the Company will make and deliver a new Warrant Certificate of like tenor, in lieu thereof.

Appears in 1 contract

Samples: Warrant Agreement (New York Health Care Inc)

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Exchange and Replacement of Warrant Certificates. Each Warrant ------------------------------------------------------ ------------------------------------------------ Certificate is exchangeable without expense, upon the surrender thereof by the registered Holder holder thereof at the principal executive office of the CompanyTransfer Agent, for a new Warrant Certificate of like tenor and date representing in the aggregate the right to purchase the same number of Common Stock Warrant Shares in such denominations as shall be designed designated by the Holder registered holder thereof at the time of such surrender. Upon receipt by the Company Transfer Agent of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of any Warrant Certificate, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it, and reimbursement to the Company and/or the Transfer Agent of all reasonable expenses incidental thereto, and upon surrender and cancellation of the Series A Warrantsuch Warrant Certificate, if mutilated, the Company Transfer Agent will make and deliver a new Warrant Certificate of like tenor, in lieu thereof.

Appears in 1 contract

Samples: Warrant Agreement (Digex Inc/De)

Exchange and Replacement of Warrant Certificates. Each Warrant ------------------------------------------------------ -------- --- ----------- -- ------- ------------ Certificate is exchangeable without expense, upon the surrender thereof by the registered Holder at the principal executive office of the Company, for a new Warrant Certificate of like tenor and date representing in the aggregate the right to purchase the same number of Common Stock Warrant Securities in such denominations as shall be designed designated by the Holder thereof at the time of such surrender. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of any Warrant Certificate, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it, and reimbursement to the Company of all reasonable expenses incidental thereto, and upon surrender and cancellation of the Series A WarrantWarrants, if mutilated, the Company will make and deliver a new Warrant Certificate of like tenor, in lieu thereof.

Appears in 1 contract

Samples: Underwriter's Warrant Agreement (Grand Toys International Inc)

Exchange and Replacement of Warrant Certificates. Each Warrant ------------------------------------------------------ ------------------------------------------------ Certificate is exchangeable without expense, upon the surrender thereof by the registered Holder at the principal executive office of the Company, for a new Warrant Certificate of like tenor and date representing in the aggregate the right to purchase the same number of Common Stock Securities in such denominations as shall be designed designated by the Holder thereof at the time of such surrender. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of any Warrant Certificate, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it, and reimbursement to the Company of all reasonable expenses incidental thereto, and upon surrender and cancellation of the Series A WarrantWarrants, if mutilated, the Company will make and deliver a new Warrant Certificate of like tenor, in lieu thereof.

Appears in 1 contract

Samples: Warrant Agreement (United Leisure Corp)

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Exchange and Replacement of Warrant Certificates. Each Warrant ------------------------------------------------------ -------- --- ----------- -- ------- ------------ Certificate is exchangeable without expense, upon the surrender thereof by the registered Holder at the principal executive office of the Company, for a new Warrant Certificate of like tenor and date representing in the aggregate the right to purchase the same number of Common Stock Units in such denominations as shall be designed designated by the Holder thereof at the time of such surrender. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of any Warrant Certificate, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it, and reimbursement to the Company of all reasonable expenses incidental thereto, and upon surrender and cancellation of the Series A WarrantWarrants, if mutilated, the Company will make and deliver a new Warrant Certificate of like tenor, in lieu thereof.

Appears in 1 contract

Samples: Underwriter's Warrant Agreement (Trans Energy Inc)

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