Common use of Global Warrant to Certificated Warrant Clause in Contracts

Global Warrant to Certificated Warrant. Subject to compliance with Section 3.10(b), if a beneficial interest in a Global Warrant is transferred or exchanged for a Certificated Warrant, the Warrant Agent will (x) record a decrease in the principal amount of such Global Warrant equal to the principal amount of such transfer or exchange and (y) deliver a new Certificated Warrants to the transferee (in the case of a transfer) or the owner of such beneficial interest (in the case of an exchange), registered in the name of such transferee or owner, as applicable.

Appears in 3 contracts

Samples: Warrant Agreement (Harvest Natural Resources, Inc.), Warrant Agreement (Green Field Energy Services, Inc.), Warrant Agreement (IPMT Transport, LLC)

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Global Warrant to Certificated Warrant. Subject to compliance with Section 3.10(b6.2(b), if a beneficial interest in a Global Warrant is transferred or exchanged for a Certificated Warrant, the Warrant Agent will (x1) record a decrease in the principal amount of such Global Warrant equal to the principal amount of such transfer or exchange and (y2) deliver a new Certificated Warrants to the transferee (in the case of a transfer) or the owner of such beneficial interest (in the case of an exchange), registered in the name of such transferee or owner, as applicable.

Appears in 2 contracts

Samples: Warrant Agreement (Far East Energy Corp), Warrant Agreement (Far East Energy Corp)

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Global Warrant to Certificated Warrant. Subject to compliance with Section 3.10(b)3.09, if a beneficial interest in a Global Warrant is transferred or exchanged for a Certificated WarrantWarrant in accordance with this Section 3.08, the Warrant Agent will (x) record a decrease in the principal amount of such Global Warrant equal to the principal amount of such transfer or exchange and (y) deliver a new Certificated Warrants to the transferee (in the case of a transfer) or the owner of such beneficial interest (in the case of an exchange), registered in the name of such transferee or owner, as applicable.

Appears in 1 contract

Samples: Warrant Agreement (SM Energy Co)

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