Common use of Execution and Delivery of Warrant Certificates; Vesting Clause in Contracts

Execution and Delivery of Warrant Certificates; Vesting. (a) Simultaneously with the execution of this Agreement, Warrant Certificates evidencing such total number of Warrants to be delivered to each Initial Investor as set forth on Schedule A shall be executed by the Company and delivered to the Warrant Agent for countersignature, by manual or facsimile signature, and the Warrant Agent shall thereupon countersign and deliver such Warrant Certificates to each Initial Investor (or their designee(s) in accordance with the last sentence of this Section 2.2(a)). The Warrant Certificates shall be executed on behalf of the Company by its President or a Vice President, either manually or by facsimile signature printed thereon. Each Initial Investor, in its sole discretion, may designate that some or all of its Warrants and Warrant Certificates be issued in the name of, and delivered to, one or more of the members of its Purchaser Group.

Appears in 9 contracts

Samples: Warrant Agreement (General Growth Properties, Inc.), Warrant Agreement (Pershing Square Capital Management, L.P.), Warrant Agreement (Howard Hughes Corp)

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