Common use of Exchange of a Beneficial Interest in a Global Warrant Certificate for a Book-Entry Warrant Clause in Contracts

Exchange of a Beneficial Interest in a Global Warrant Certificate for a Book-Entry Warrant. (i) Any Holder of a beneficial interest in a Global Warrant Certificate may, upon request, exchange such beneficial interest for a Book-Entry Warrant. Upon receipt by the Warrant Agent (i) from the Depositary or its nominee of written instructions or such other form of instructions as is customary for the Depositary on behalf of any person having a beneficial interest in a Global Warrant Certificate and (ii) of a written order of the Company signed by an Appropriate Officer authorizing such exchange, the Warrant Agent shall, in accordance with such instructions, cause, or direct the Depositary to cause, the number of New GMR Warrants represented by the Global Warrant Certificate to be reduced by the number of New GMR Warrants to be represented by the Book-Entry Warrants to be issued in exchange for the beneficial interest of such person in the Global Warrant Certificate and, following such reduction, the Warrant Agent shall register in the name of the Holder a Book-Entry Warrant and deliver to said Holder a Warrant Statement.

Appears in 2 contracts

Samples: Warrant Agreement (Gener8 Maritime, Inc.), Warrant Agreement (General Maritime Corp / MI)

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Exchange of a Beneficial Interest in a Global Warrant Certificate for a Book-Entry Warrant. (i) Any Book-Entry Warrants shall not be issued in exchange for beneficial interests in a Global Warrant Certificate unless the Company, in its sole discretion, notifies the Warrant Agent in writing that it elects to permit the issuance of such Book-Entry Warrants under this Agreement. If the Company so elects and informs the Warrant Agent in writing, any Holder of a beneficial interest in a Global Warrant Certificate may, upon request, exchange such beneficial interest for a Book-Entry Warrant. Upon Subject to the foregoing, upon receipt by the Warrant Agent (i) from the Depositary or its nominee of written instructions or such other form of instructions as is customary for the Depositary on behalf of any person Person having a beneficial interest in a Global Warrant Certificate and (ii) of a written order of the Company signed by an Appropriate Officer authorizing such exchangeCertificate, the Warrant Agent shallshall cause, in accordance with such instructions, cause, or direct the standing instructions and procedures existing between the Depositary to causeand Warrant Agent, the number of New GMR Warrants represented by the Global Warrant Certificate to be reduced by the number of New GMR Warrants to be represented by the Book-Entry Warrants to be issued in exchange for the beneficial interest of such person Person in the Global Warrant Certificate and, following such reduction, the Warrant Agent shall register in the name of the Holder a Book-Entry Warrant and deliver to said Warrant Holder a Warrant Statement.

Appears in 1 contract

Samples: Warrant Agreement (Aveo Pharmaceuticals Inc)

Exchange of a Beneficial Interest in a Global Warrant Certificate for a Book-Entry Warrant. (i) .1 Any Holder holder of a beneficial interest in a Global Warrant Certificate may, upon request, exchange such beneficial interest for a Book-Entry Warrant. Upon receipt by the Warrant Agent (i) from the Depositary or its nominee of written instructions or such other form of instructions as is customary for the Depositary on behalf of any person Person having a beneficial interest in a Global Warrant Certificate Certificate, and (ii) of a written order of the Company signed by an Appropriate Officer authorizing such exchange, all other necessary information the Warrant Agent shallshall cause, in accordance with such instructions, cause, or direct the standing instructions and procedures existing between the Depositary to causeand Warrant Agent, the number of New GMR Class B Warrants represented by the Global Warrant Certificate to be reduced by the number of New GMR Class B Warrants to be represented by the Book-Entry Warrants to be issued in exchange for the beneficial interest of such person Person in the Global Warrant Certificate and, following such reduction, the Warrant Agent shall register in the name of the Holder holder a Book-Entry Warrant and and, if requested by said holder, deliver to said Holder holder a Warrant Statement.

Appears in 1 contract

Samples: Warrant Agreement (Primus Telecommunications Group Inc)

Exchange of a Beneficial Interest in a Global Warrant Certificate for a Book-Entry Warrant. (i) Any Holder holder of a beneficial interest in a Global Warrant Certificate may, upon request, exchange such beneficial interest for a Book-Entry Warrant. Upon receipt by the Warrant Agent (i) from the Depositary or its nominee of written instructions or such other form of instructions as is customary for the Depositary on behalf of any person Person having a beneficial interest in a Global Warrant Certificate Certificate, and (ii) of a written order of the Company signed by an Appropriate Officer authorizing such exchange, all other necessary information the Warrant Agent shallshall cause, in accordance with such instructions, cause, or direct the standing instructions and procedures existing between the Depositary to causeand Warrant Agent, the number of New GMR Class A Warrants represented by the Global Warrant Certificate to be reduced by the number of New GMR Class A Warrants to be represented by the Book-Entry Warrants to be issued in exchange for the beneficial interest of such person Person in the Global Warrant Certificate and, following such reduction, the Warrant Agent shall register in the name of the Holder holder a Book-Entry Warrant and and, if requested by said holder, deliver to said Holder holder a Warrant Statement.

Appears in 1 contract

Samples: Warrant Agreement (Primus Telecommunications Group Inc)

Exchange of a Beneficial Interest in a Global Warrant Certificate for a Book-Entry Warrant. (i) Any Holder holder of a beneficial interest in a Global Warrant Certificate may, upon request, exchange such beneficial interest for a Book-Entry Warrant. Upon receipt by the Warrant Agent (i) from the Depositary or its nominee of written instructions or such other form of instructions as is customary for the Depositary on behalf of any person Person having a beneficial interest in a Global Warrant Certificate Certificate, and (ii) of a written order of the Company signed by an Appropriate Officer authorizing such exchange, all other necessary information the Warrant Agent shallshall cause, in accordance with such instructions, cause, or direct the standing instructions and procedures existing between the Depositary to causeand Warrant Agent, the number of New GMR Class B Warrants represented by the Global Warrant Certificate to be reduced by the number of New GMR Class B Warrants to be represented by the Book-Entry Warrants to be issued in exchange for the beneficial interest of such person Person in the Global Warrant Certificate and, following such reduction, the Warrant Agent shall register in the name of the Holder holder a Book-Entry Warrant and and, if requested by said holder, deliver to said Holder holder a Warrant Statement.

Appears in 1 contract

Samples: Warrant Agreement (Primus Telecommunications Group Inc)

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Exchange of a Beneficial Interest in a Global Warrant Certificate for a Book-Entry Warrant. (i) .1 Any Holder holder of a beneficial interest in a Global Warrant Certificate may, upon request, exchange such beneficial interest for a Book-Entry Warrant. Upon receipt by the Warrant Agent (i) from the Depositary or its nominee of written instructions or such other form of instructions as is customary for the Depositary on behalf of any person Person having a beneficial interest in a Global Warrant Certificate Certificate, and (ii) of a written order of the Company signed by an Appropriate Officer authorizing such exchange, all other necessary information the Warrant Agent shallshall cause, in accordance with such instructions, cause, or direct the standing instructions and procedures existing between the Depositary to causeand Warrant Agent, the number of New GMR Class A Warrants represented by the Global Warrant Certificate to be reduced by the number of New GMR Class A Warrants to be represented by the Book-Entry Warrants to be issued in exchange for the beneficial interest of such person Person in the Global Warrant Certificate and, following such reduction, the Warrant Agent shall register in the name of the Holder holder a Book-Entry Warrant and and, if requested by said holder, deliver to said Holder holder a Warrant Statement.

Appears in 1 contract

Samples: Warrant Agreement (Primus Telecommunications Group Inc)

Exchange of a Beneficial Interest in a Global Warrant Certificate for a Book-Entry Warrant. (i) Any Book-Entry Warrants shall not be issued in exchange for beneficial interests in a Global Warrant Certificate unless the Company, in its sole discretion, notifies the Warrant Agent in writing that it elects to permit the issuance of such Book-Entry Warrants under this Agreement. If the Company so elects and informs the Warrant Agent in writing, any Holder of a beneficial interest in a Global Warrant Certificate may, upon request, exchange such beneficial interest for a Book-Entry Warrant. Upon Subject to the foregoing, upon receipt by the Warrant Agent (i) from the Depositary or its nominee of written instructions or such other form of instructions as is customary for the Depositary on behalf of any person having a beneficial interest in a Global Warrant Certificate and (ii) of a written order of the Company signed by an Appropriate Officer authorizing such exchangeCertificate, the Warrant Agent shallshall cause, in accordance with such instructions, cause, or direct the standing instructions and procedures existing between the Depositary to causeand Warrant Agent, the number of New GMR Warrants represented by the Global Warrant Certificate to be reduced by the number of New GMR Warrants to be represented by the Book-Entry Warrants to be issued in exchange for the beneficial interest of such person in the Global Warrant Certificate and, following such reduction, the Warrant Agent shall register in the name of the Holder a Book-Entry Warrant and deliver to said Warrant Holder a Warrant Statement.

Appears in 1 contract

Samples: Warrant Agreement (Healthsouth Corp)

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