Common use of Exchange of Warrant Certificate Clause in Contracts

Exchange of Warrant Certificate. Subject in all respects to the ------------------------------- limitations on transferability and divisibility of Section 1 hereof, any certificate evidencing all or a portion of the Warrant may be exchanged for another certificate or certificates entitling the Holder to purchase a like aggregate number of Shares as the certificate or certificates surrendered then entitling such Holder to purchase. Any Holder desiring to exchange a certificate evidencing all or a portion of the Warrant, shall make such request in writing delivered to the Company, and shall surrender, properly endorsed, the certificate evidencing the portion of the Warrant to be so exchanged. Thereupon, the Company shall, within five (5) business days, execute and deliver to the person entitled thereto a new certificate evidencing all or a portion of the Warrant as so requested.

Exchange of Warrant Certificate. Subject in all respects to ------------------------------- the ------------------------------- limitations on transferability and divisibility of Section 1 hereof, any certificate evidencing all or a portion of the Warrant may be exchanged for another certificate or certificates entitling the Holder to purchase a like aggregate number of Shares as the certificate or certificates surrendered then entitling such Holder to purchase. Any Holder desiring to exchange a certificate evidencing all or a portion of the Warrant, shall make such request in writing delivered to the Company, and shall surrender, properly endorsed, the certificate evidencing the portion of the Warrant to be so exchanged. Thereupon, the Company shall, within five (5) business days, execute and deliver to the person entitled thereto a new certificate evidencing all or a portion of the Warrant as so requested.