Common use of Limitations on Transfer of the Warrants Clause in Contracts

Limitations on Transfer of the Warrants. Subject to the provisions of section 11 hereof, the Warrants shall not be sold, transferred, assigned or hypothecated by a Warrantholder until __________________, 2000, except to (i) one or more persons, each of whom on the date of transfer is an officer of the Warrantholder; (ii) a general partnership or general partnerships, the general partners of which are the Warrantholder and one or more persons, each of whom on the date of transfer is an officer of the Warrantholder; (iii) a successor to the Warrantholder in merger or consolidation; (iv) a purchaser of all or substantially all of the Warrantholder's assets; or (v) any person receiving the Warrants from one or more of the persons listed in this subsection 1.3 at such person's or persons' death pursuant to will, trust or the laws of intestate succession. The Warrants may be divided or combined, upon request to the Company by a Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Shares. Unless the context indicates otherwise, the term "Warrantholder" shall include any transferee or transferees of the Warrants pursuant to this subsection 1.3, and the term "Warrants" shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.

Limitations on Transfer of the Warrants. Subject to the provisions of section 11 hereofSection 11, the Warrants shall not be sold, transferred, assigned or hypothecated by a Warrantholder the Warrantholder, until __________________, 2000, except that the Warrants may be transferred, in whole or in part, to (i) one or more persons, each of whom on the date of transfer is an officer or partner of the transferring Warrantholder; (ii) a general partnership any other underwriting firm or general partnerships, member of the general selling group which participated in the Public Offering (or the officers or partners of which are the Warrantholder and one or more persons, each of whom on the date of transfer is an officer of the Warrantholderany such firm); (iii) a successor to the transferring Warrantholder in merger or consolidation; (iv) a purchaser of all or substantially all of the transferring Warrantholder's assets; or (v) any person receiving the Warrants from one or more of the persons listed in this subsection 1.3 1.4 at such person's or persons' death pursuant to will, a will or trust or the laws of intestate succession. The Warrants may be divided or combined, upon request to the Company by a the Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Warrant Shares. Unless the context indicates otherwise, the term "Warrantholder" shall include any transferee or transferees of the Warrants pursuant to this subsection 1.3, and the term "Warrants" shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.

Limitations on Transfer of the Warrants. Subject to the provisions of section 11 hereofSection 11, the Warrants shall not be sold, transferred, assigned or hypothecated by a Warrantholder the Warrantholder, until _________________ __, 2000, except that the Warrants may be transferred, in whole or in part, to (i) one or more persons, each of whom on the date of transfer is an officer or partner of the transferring Warrantholder; (ii) a general partnership any other underwriting firm or general partnerships, member of the general selling group which participated in the Public Offering (or the officers or partners of which are the Warrantholder and one or more persons, each of whom on the date of transfer is an officer of the Warrantholderany such firm); (iii) a successor to the transferring Warrantholder in merger or consolidation; (iv) a purchaser of all or substantially all of the transferring Warrantholder's assets; or (v) any person receiving the Warrants from one or more of the persons listed in this subsection 1.3 at such person's or persons' death pursuant to will, a will or trust or the laws of intestate succession. The Warrants may be divided or combined, upon request to the Company by a the Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Warrant Shares. Unless the context indicates otherwise, the term "Warrantholder" shall include any transferee or transferees of the Warrants pursuant to this subsection 1.3, and the term "Warrants" shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.

Limitations on Transfer of the Warrants. Subject to the provisions of section Section 11 hereof, the Warrants shall not be sold, transferred, assigned or hypothecated by a the Warrantholder until ________________November __, 20001997, except to (i) one or more persons, each of whom on the date of transfer is an officer of one of the WarrantholderWarrantholders; (ii) a general partnership or general partnerships, the general partners of which are one of the Warrantholder Warrantholders and one or more persons, each of whom on the date of transfer is an officer of one of the WarrantholderWarrantholders; (iii) a successor to one of the Warrantholder Warrantholders in any merger or consolidation; (iv) a purchaser of all or substantially all of one of the Warrantholder's Warrantholders' assets; or (v) any person receiving the Warrants from one or more of the persons listed in this subsection Subsection 1.3 at such person's or persons' death pursuant to will, trust or the laws of intestate succession. The Warrants may be divided or combined, upon request to the Company by a Warrantholderthe Warrantholders, into a certificate or certificates representing the right to purchase the same aggregate number of Shares. Unless the context indicates otherwise, the term "WarrantholderWarrantholders" shall include any transferee or transferees of the Warrants pursuant to this subsection Subsection 1.3, and the term "Warrants" shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.

Limitations on Transfer of the Warrants. Subject to the provisions of section Section 11 hereof, the Warrants shall not be sold, transferred, assigned or hypothecated by a the Warrantholder until __________________December 22, 20001999, except to (i) one or more persons, each of whom on the date of transfer is to an officer of the transferring Warrantholder, another Underwriter or member of the selling group or officer of any of them; (ii) a general partnership successor to the transferring Warrantholder in a merger or general partnerships, the general partners of which are the Warrantholder and one or more persons, each of whom on the date of transfer is an officer of the consolidation with such transferring Warrantholder; (iii) a successor to the Warrantholder in merger or consolidation; (iv) a purchaser of all or substantially all of the transferring Warrantholder's assets; or (viv) any person receiving the Warrants from one or more of the persons listed in this subsection 1.3 at such person's or persons' death pursuant to will, trust or the laws of intestate succession. The Warrants may be combined or divided or combined, upon request to the Company by a Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Shares, upon written request to the Company specifying the names and denominations in which new Warrants are to be issued. Unless the context indicates otherwise, the term terms "Warrantholder" or "Warrantholders" as used herein shall include any transferee or transferees of the Warrants pursuant to this subsection 1.3, and the term "Warrants" as used herein shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.

Limitations on Transfer of the Warrants. Subject to the provisions of section Section 11 hereofof this Agreement, the Warrants shall not be sold, transferred, assigned or hypothecated by a the Warrantholder until __________________, 2000, . 1998 except to (i) one or more persons, each of whom on the date of transfer is an officer of the Warrantholder; (ii) a general partnership or general partnerships, the general partners of which are the Warrantholder and one or more persons, each of whom on the date of transfer is an officer any of the Warrantholderseveral Underwriters set forth on Schedule I to the Underwriting Agreement or members of the selling group and/or the officers or partners thereof; (iii) a successor to the Warrantholder in merger or consolidation; (iv) a purchaser of all or substantially all of the Warrantholder's assets; or (v) any person receiving the Warrants from one or more of the persons listed in this subsection 1.3 at such person's or persons' death pursuant to will, trust or the laws of intestate succession. The Warrants may be divided or combined, upon request to the Company by a the Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Shares. Unless the context indicates otherwise, the term "Warrantholder" shall include any transferee or transferees of the Warrants pursuant to this subsection 1.3, and the term "Warrants" shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.

Limitations on Transfer of the Warrants. Subject to the provisions of section Section 11 hereof, the Warrants shall not be sold, transferred, assigned or hypothecated by a the Warrantholder until _________________ __, 20001999, except to (i) one or more persons, each of whom on the date of transfer is to an officer of the transferring Warrantholder, another Underwriter or member of the selling group or officer of any of them; (ii) a general partnership successor to the transferring Warrantholder in a merger or general partnerships, the general partners of which are the Warrantholder and one or more persons, each of whom on the date of transfer is an officer of the consolidation with such transferring Warrantholder; (iii) a successor to the Warrantholder in merger or consolidation; (iv) a purchaser of all or substantially all of the transferring Warrantholder's assets; or (viv) any person receiving the Warrants from one or more of the persons listed in this subsection 1.3 at such person's or persons' death pursuant to will, trust or the laws of intestate succession. The Warrants may be combined or divided or combined, upon request to the Company by a Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Shares, upon written request to the Company specifying the names and denominations in which new Warrants are to be issued. Unless the context indicates otherwise, the term terms "Warrantholder" or "Warrantholders" as used herein shall include any transferee or transferees of the Warrants pursuant to this subsection 1.3, and the term "Warrants" as used herein shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.

Limitations on Transfer of the Warrants. Subject to the provisions of section Section 11 hereof, the Warrants shall not be sold, transferred, assigned or hypothecated (a "Transfer") by a any Warrantholder until __________________, 20001999, except to (i) one or more persons, each of whom on the date of transfer is an officer or partner of the transferring Warrantholder, another Underwriter or member of the selling group or officer, partner or employee of any of them; (ii) a general partnership or general partnerships, the general partners of which are the Warrantholder and one or more persons, each of whom on the date of transfer is an officer of the Warrantholder; (iii) a successor to the transferring Warrantholder which is not an individual (a "Warrantholder Entity") in merger or consolidation; (iviii) a purchaser of all or substantially all of the Warrantholdertransferring Warrantholder Entity's assets; or (viv) any person receiving the Warrants from one or more of the persons listed in this subsection 1.3 at such person's or persons' death pursuant to will, trust or the laws of intestate succession; or (v) an inter vivos trust for the benefit of the transferor, his spouse, family and designated heirs, successors and assigns. The Warrants may be divided or combined, upon request to the Company by a any Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Shares. Notwithstanding the foregoing, no Warrant may be Transferred unless the transferee agrees to be bound by the terms and conditions of this Agreement. Unless the context indicates otherwise, the term terms "Warrantholder" shall include any transferee or transferees of the Warrants pursuant to this subsection 1.3, and the term "Warrants" shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.

Limitations on Transfer of the Warrants. Subject to the provisions of section 11 hereof, the The Warrants shall not be sold, transferred, assigned or hypothecated by a the Warrantholder until _________________ __, 20001998, except to (i) one or more persons, each of whom on the date of transfer is an officer a shareholder of the Warrantholder; (ii) a general partnership or general partnerships, the general partners of which are the Warrantholder and one or more persons, each of whom on the date of transfer is an officer of the Warrantholder; (iii) a successor to the Warrantholder in merger or consolidation; (iviii) a purchaser of all or substantially all of the Warrantholder's assets; or (viv) any person receiving the Warrants from one or more of the persons listed in this subsection 1.3 at such person's or persons' death pursuant to will, trust or the laws of intestate succession. The Warrants may be divided or combined, upon request to the Company by a the Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of SharesUnits. Unless the context indicates otherwise, the term "Warrantholder" shall include any transferee or transferees of the Warrants pursuant to this subsection 1.3, and the term "Warrants" shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.

Limitations on Transfer of the Warrants. Subject to the provisions of section 11 hereofSection 11, the Warrants shall not be sold, transferred, assigned or hypothecated by a Warrantholder the Warrantholder, until __________________July 30, 2000, except that the Warrants may be transferred, in whole or in part, to (i) one or more persons, each of whom on the date of transfer is an officer or partner of the transferring Warrantholder; (ii) a general partnership any other underwriting firm or general partnerships, member of the general selling group which participated in the Public Offering (or the officers or partners of which are the Warrantholder and one or more persons, each of whom on the date of transfer is an officer of the Warrantholderany such firm); (iii) a successor to the transferring Warrantholder in merger or consolidation; (iv) a purchaser of all or substantially all of the transferring Warrantholder's ’s assets; or (v) any person receiving the Warrants from one or more of the persons listed in this subsection 1.3 1.4 at such person's ’s or persons' ’ death pursuant to will, a will or trust or the laws of intestate succession. The Warrants may be divided or combined, upon request to the Company by a the Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Warrant Shares. Unless the context indicates otherwise, the term "“Warrantholder" ” shall include any transferee or transferees of the Warrants pursuant to this subsection 1.3, and the term "“Warrants" ” shall include any and all warrants outstanding pursuant to this Agreement, including those evidenced by a certificate or certificates issued upon division, exchange, substitution or transfer pursuant to this Agreement.