Common use of Merger, Consolidation or Change of Name of Warrant Agent Clause in Contracts

Merger, Consolidation or Change of Name of Warrant Agent. 14.1 Any corporation into which the Warrant Agent is merged or with which it is consolidated, or any corporation resulting from any merger or consolidation to which the Warrant Agent is a party, or any corporation succeeding to all or substantially all the corporate trust or agency business of the Warrant Agent, will be the successor to the Warrant Agent hereunder without the execution or filing of any paper or any further act on the part of any of the parties hereto, provided that such corporation would be eligible for appointment as a successor warrant agent under the provisions of Section 16. If at the time the successor to the Warrant Agent succeeds to the agency created by this Agreement, and if at that time any of the Warrant Certificates have been countersigned but not delivered, any such successor to the Warrant Agent may adopt the countersignature of the original Warrant Agent; and if at that time any of the Warrant Certificates have not been countersigned, any successor to the Warrant Agent may countersign such Warrant Certificates either in the name of the predecessor Warrant Agent or in the name of the successor to the Warrant Agent; and in all such cases such Warrant Certificates will have the full force and effect provided in the Warrant Certificates and in this Agreement.

Appears in 16 contracts

Samples: Warrant Agreement (Selway Capital Acquisition Corp.), Warrant Agreement (Selway Capital Acquisition Corp.), Warrant Agreement (Selway Capital Acquisition Corp.)

AutoNDA by SimpleDocs

Merger, Consolidation or Change of Name of Warrant Agent. 14.1 (a) Any corporation into which the Warrant Agent is may be merged or with which it is may be consolidated, or any corporation resulting from any merger or consolidation to which the Warrant Agent is shall be a party, or any corporation succeeding to all or substantially all the corporate trust or agency business of the Warrant Agent, will shall be the successor to the Warrant Agent hereunder without the execution or filing of any paper or any further act on the part of any of the parties hereto, provided that such corporation would be eligible for appointment as a successor warrant agent under the provisions of Section 1615 hereof. If In case at the time the such successor to the Warrant Agent succeeds shall succeed to the agency created by this Agreement, and if in case at that time any of the Warrant Certificates shall have been countersigned but not delivered, any such successor to the Warrant Agent may adopt the countersignature of the original Warrant Agent; and if in case at that time any of the Warrant Certificates shall not have not been countersigned, any successor to the Warrant Agent may countersign such Warrant Certificates either in the its own name upon receipt of the predecessor a Warrant Agent or in the name of the successor to the Warrant AgentCountersignature Order; and in all such cases such Warrant Certificates will shall have the full force and effect provided in the Warrant Certificates and in this Agreement.

Appears in 1 contract

Samples: Warrant Agreement (China Natural Gas, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.