Issuance of Tradeable Warrants. Upon the initial issuance of the Tradeable Warrants, the Warrant Agent shall issue the Global Warrant and deliver the Tradeable Warrants in the DTC book-entry settlement system in accordance with written instructions delivered to the Warrant Agent by the Company. Ownership of security entitlements in the Tradeable Warrants shall be shown on, and the transfer of such ownership shall be effected through, records maintained (i) by DTC and (ii) by institutions that have accounts with DTC (each, a “Participant”).
Appears in 8 contracts
Samples: Warrant Agency Agreement (Elate Group, Inc.), Warrant Agency Agreement (Elate Group, Inc.), Warrant Agent Agreement (ParaZero Technologies Ltd.)
Issuance of Tradeable Warrants. Upon the initial issuance of the Tradeable Warrants, the Warrant Agent shall issue the Global Warrant and deliver the Tradeable Warrants in the DTC book-entry settlement system in accordance with written instructions delivered to the Warrant Agent by the Company. Ownership of security entitlements in the Tradeable Warrants shall be shown on, and the transfer of such ownership shall be effected through, records maintained (i) by DTC and (ii) by institutions that have accounts with DTC (each, a “”Participant”).
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Samples: Warrant Agent Agreement (Innovation Beverage Group LTD)
Issuance of Tradeable Warrants. Upon the initial issuance of the Tradeable Warrants, the Warrant Agent shall issue the Global Warrant Warrants and deliver the Tradeable Warrants in the DTC book-entry settlement system in accordance with written instructions delivered to the Warrant Agent by the Company. Ownership of security entitlements in the Tradeable Warrants shall be shown on, and the transfer of such ownership shall be effected through, records maintained (i) by DTC and (ii) by institutions that have accounts with DTC (each, a “Participant”).
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