Common use of Exchange of Warrant Upon a Transfer Clause in Contracts

Exchange of Warrant Upon a Transfer. On surrender of this Warrant for exchange and a properly endorsed Assignment Form, and subject to the provisions of this Warrant with respect to compliance with the Securities Act and limitations on assignments and transfers, the Company shall issue to or on the order of the Holder a new warrant or warrants with the same terms and conditions, in the name of the Holder or as the Holder (on payment by the Holder of any applicable transfer taxes) may direct, for the number of shares issuable upon exercise thereof and the Company shall promptly register any such transfer upon the Warrant Register.

Exchange of Warrant Upon a Transfer. On surrender of this Warrant for exchange and a transfer, properly endorsed on the Assignment Form, and subject to the provisions of this Warrant with respect to compliance with the Securities Act and limitations concerning restrictions on assignments and transferstransfer, the Company at its expense shall issue to or on the order of the Holder a new warrant or warrants with the same terms and conditionsof like tenor, in the name of the Holder or as the Holder (on payment by the Holder of any applicable transfer taxes) may direct, for the number of shares issuable upon exercise thereof and the Company shall promptly register any such transfer upon the Warrant Registerof this Warrant.

Exchange of Warrant Upon a Transfer. On surrender of this Warrant for exchange and a exchange, properly endorsed on the Assignment Form, Form and subject to the provisions of this Warrant with respect to compliance with the Securities Act and limitations on assignments and transfersAct, the Company at its expense shall issue to or on the order of the Holder holder a new warrant or warrants with the same terms and conditionsof like tenor, in the name of the Holder holder or as the Holder holders (on payment by the Holder holder of any applicable transfer taxes) may direct, exercisable for the number of shares Shares issuable upon the exercise thereof and the Company shall promptly register any such transfer upon the Warrant Registerhereof.