Common use of Obligations with Respect to Transfers and Exchanges of Warrants Clause in Contracts

Obligations with Respect to Transfers and Exchanges of Warrants. (a) To permit registrations of transfers and exchanges, the Issuer shall execute and the Warrant Agent is hereby authorized to countersign, in accordance with the provisions of Sections 3 and 4, Warrant Certificates as required pursuant to the provisions of this Section 5. (b) All Warrant Certificates issued upon any registration of transfer or exchange of Warrant Certificates shall be the valid obligations of the Issuer, entitled to the same benefits under this Agreement as the Warrant Certificates surrendered upon such registration of transfer or exchange. (c) Prior to due presentment for registration of transfer or exchange of any Warrant Certificate, the Warrant Agent and the Issuer may deem and treat the Person in whose name any Warrant Certificate is registered (the "Holder") as the absolute owner of the Warrants represented by such Warrant Certificate and neither the Warrant Agent, nor the Issuer shall be affected by notice to the contrary. (d) No service charge shall be made to a Holder for any registration, transfer or exchange.

Appears in 4 contracts

Samples: Warrant Agreement (Fw Integrated Orthopaedics Investors Lp), Warrant Agreement (Integrated Orthopedics Inc), Warrant Agreement (Integrated Orthopedics Inc)

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Obligations with Respect to Transfers and Exchanges of Warrants. (ai) To permit registrations of transfers and exchanges, the Issuer Company shall execute and the Warrant Agent is hereby authorized to countersign, in accordance with the provisions of Sections 3 shall countersign certificated Warrants and 4, Warrant Certificates Global Warrants as required pursuant to the provisions of Section 2.02 and this Section 52.04. (b) All Warrant Certificates issued upon any registration of transfer or exchange of Warrant Certificates shall be the valid obligations of the Issuer, entitled to the same benefits under this Agreement as the Warrant Certificates surrendered upon such registration of transfer or exchange. (c) Prior to due presentment for registration of transfer or exchange of any Warrant Certificate, the Warrant Agent and the Issuer may deem and treat the Person in whose name any Warrant Certificate is registered (the "Holder") as the absolute owner of the Warrants represented by such Warrant Certificate and neither the Warrant Agent, nor the Issuer shall be affected by notice to the contrary. (dii) No service charge shall be made to a Holder for any registrationregistration of transfer or exchange upon surrender of any Warrant Certificate at the office of the Warrant Agent maintained for that purpose, but the Company may require payment of a sum sufficient to cover any tax, assessment or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Warrant Certificates. (iii) Prior to the due presentation for registration of transfer of any Warrant, the Company and the Warrant Agent may deem and treat the Person in whose name a Warrant is registered as the absolute owner of such Warrant, and neither the Company nor the Warrant Agent shall be affected by notice to the contrary. (iv) All Warrants issued upon any transfer or exchange pursuant to the terms of this Agreement shall be the valid obligations of the Company, entitled to the same benefits under this Agreement as the Warrants surrendered upon such transfer or exchange.

Appears in 3 contracts

Samples: Warrant Agreement (Alion - BMH CORP), Warrant Agreement (Washington Consulting, Inc.), Warrant Agreement (Washington Consulting, Inc.)

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