Common use of Issuance and Delivery of Warrant Certificates Clause in Contracts

Issuance and Delivery of Warrant Certificates. (a) Upon the execution and delivery of this Agreement, the Company shall deliver one or more Global Certificates executed by the Company to the Warrant Agent for countersignature. Except as provided in the following sentence, the Warrant Agent shall thereupon countersign such Warrant Certificates and deliver the same to DTC. Subsequent to the original issuance, the Warrant Agent shall countersign new Warrant Certificates only if such Warrant Certificates are issued in exchange or substitution for one or more previously countersigned Warrant Certificates or in connection with their transfer, as hereinafter provided.

Appears in 3 contracts

Samples: Warrant Agreement (Washington Mutual Capital Trust 2001), Warrant Agreement (Indymac Bancorp Inc), Warrant Agreement (Indymac Bancorp Inc)

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Issuance and Delivery of Warrant Certificates. (a) Upon the execution and delivery of this Agreement, the Company shall deliver one or more Global Warrant Certificates executed by the Company to the Warrant Agent for countersignaturecountersignature and authentication. Except as provided in the following sentenceThereupon, the Warrant Agent shall thereupon countersign such Warrant Certificates and deliver the same to DTC or the Warrant Agent, as custodian for DTC. Subsequent to the original issuance, the Warrant Agent shall countersign and authenticate new Warrant Certificates only if such Warrant Certificates are issued in exchange or substitution for one or more previously countersigned and authenticated Warrant Certificates or in connection with their transfer, as hereinafter provided.

Appears in 2 contracts

Samples: Warrant Agreement (Sovereign Bancorp Inc), Warrant Agreement (Reinsurance Group of America Inc)

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