Common use of Exchange of Warrants Clause in Contracts

Exchange of Warrants. On surrender for exchange of any Warrant, properly endorsed, to the Company, the Company at its expense will issue and deliver to or on the order of the holder thereof a new Warrant or warrants of like tenor, in the name of such holder or as such holder (upon payment by such holder of any applicable transfer taxes and, if requested by the Company, demonstration by such holder of compliance with applicable securities laws) may direct, calling in the aggregate on the face or faces thereof for the number of shares of Common Stock called for on the face or faces of the Warrant or Warrants so surrendered.

Exchange of Warrants. On Upon the surrender for exchange of any Warrantthe Warrants, properly endorsed, to the Company, the Company at its expense will (subject to the provisions of Section 2(c)) issue and deliver to or on upon the order of the holder thereof a new Warrant or warrants Warrants of like tenor, in the name of such holder or as such holder (upon payment by such holder of any applicable transfer taxes and, if requested by the Company, demonstration by such holder of compliance with applicable securities lawstaxes) may direct, calling in the aggregate on the face or faces thereof for the number of shares of Common Warrant Stock called for on the face or faces of the Warrant or Warrants so surrendered.

Exchange of Warrants. On surrender for exchange of any Warrant, properly endorsed, to the Company, the Company at its expense will issue and deliver to or on the order of the holder thereof a new Warrant or warrants Warrants of like tenor, in the name of such holder or as such holder (upon payment by such holder of any applicable transfer taxes and, if requested by the Company, demonstration by such holder of compliance with applicable securities laws) may direct, calling in the aggregate on the face or faces thereof for the number of shares of Common Stock called for on the face or faces of the Warrant or Warrants so surrendered.

Exchange of Warrants. On Upon the surrender for exchange by the holder of this Warrant of any WarrantWarrant or Warrants, properly endorsed, to the Company at the principal office of the Company, the Company at its expense will will, subject to the provisions of Section 12 hereof, issue and deliver to or on upon the order of such holder, at the holder thereof Company’s expense, a new Warrant or warrants Warrants of like tenor, in the name of such holder or as such holder (upon payment by such holder of any applicable transfer taxes and, if requested by the Company, demonstration by such holder of compliance with applicable securities laws) may direct, calling in the aggregate on the face or faces thereof for the number of shares of Common Stock called for on the face or faces of the Warrant or Warrants so surrendered.

Exchange of Warrants. (a) On surrender for exchange of any this Warrant, properly endorsed, to the Company, and upon the delivery of a representation letter by the proposed transferee reasonably satisfactory to the Company, the Company at its expense will issue and deliver to or on the order of the holder thereof hereof a new Warrant or warrants Warrants of like tenor, in the name of such holder or as such holder (upon on payment by such holder of any applicable transfer taxes and, if requested by the Company, demonstration by such holder of compliance with applicable securities lawstaxes) may direct, calling in the aggregate on the face or faces thereof for the number of shares of Common Stock called for on the face or faces of the Warrant or Warrants so surrendered.

Exchange of Warrants. On surrender for exchange of any Warrant, properly endorsedendorsed on the Assignment Form and subject to the provisions of this Warrant, including Section 7 hereof, to the Company, the Company at its expense will issue and deliver to or on the order of the holder thereof a new Warrant or warrants Warrants of like tenor, in the name of such holder or as such holder (upon on payment by such holder of or any applicable transfer taxes and, if requested by the Company, demonstration by such holder of compliance with applicable securities lawstaxes) may direct, calling in the aggregate on the face or faces thereof for the number of shares of Common Stock called for on the face or faces of the Warrant or Warrants so surrendered.