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

Limitations on Transfer of the Warrants. The Warrants shall not be sold, transferred, assigned or hypothecated by the Warrantholder until November 24, 1998, except to (i) one or more persons, each of whom on the date of transfer is a shareholder of the Warrantholder; (ii) a successor to the Warrantholder in merger or consolidation; (iii) a purchaser of all or substantially all of the Warrantholder's assets; or (iv) 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 the Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Units. 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. The Warrants shall not be sold, transferred, assigned or hypothecated by the Warrantholder until November 24, 1998, except to (i) one or more persons, each of whom on the date of transfer is a shareholder an officer or partner of the Warrantholder; (ii) a successor to the Warrantholder in merger or consolidation; (iii) a purchaser of all or substantially all of the Warrantholder's assets; or (iv) 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 the Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Units. 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. The Subject to the provisions of Section 11, the Warrants shall not be sold, transferred, assigned or hypothecated by the Warrantholder Warrantholder, until November 24July 30, 19982000, 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 a shareholder an officer or partner of the transferring Warrantholder; (ii) any other underwriting firm or member of the selling group which participated in the Public Offering (or the officers or partners of any such firm); (iii) a successor to the transferring Warrantholder in merger or consolidation; (iiiiv) a purchaser of all or substantially all of the transferring Warrantholder's ’s assets; or (ivv) 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 the Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of UnitsWarrant 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. The Warrants shall not be sold, transferred, assigned or hypothecated by the Warrantholder until November 24________ __, 1998, except to (i) one or more persons, each of whom on the date of transfer is a an officer or shareholder of the Warrantholder; (ii) a successor to the Warrantholder in merger or consolidation; (iii) a purchaser of all or substantially all of the Warrantholder's assets; or (iv) 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 the Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Units. 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. The Warrants shall not be sold, transferred, assigned or hypothecated by the Warrantholder until November 24____________ __, 1998, except to (i) one or more persons, each of whom on the date of transfer is a shareholder of the Warrantholder; (ii) a successor to the Warrantholder in merger or consolidation; (iii) a purchaser of all or substantially all of the Warrantholder's assets; or (iv) 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 the Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of Units. 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. The Subject to the provisions of Section 11, the Warrants shall not be sold, transferred, assigned or hypothecated by the Warrantholder Warrantholder, until November 24_________ __, 19982000, 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 a shareholder an officer or partner of the transferring Warrantholder; (ii) any other underwriting firm or member of the selling group which participated in the Public Offering (or the officers or partners of any such firm); (iii) a successor to the transferring Warrantholder in merger or consolidation; (iiiiv) a purchaser of all or substantially all of the transferring Warrantholder's assets; or (ivv) 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 the Warrantholder, into a certificate or certificates representing the right to purchase the same aggregate number of UnitsWarrant 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.