Common use of Ownership and Transfer of Warrants Clause in Contracts

Ownership and Transfer of Warrants. The Company may deem and treat the Holder of a Warrant as the absolute owner of such Warrant for all purposes and shall not be affected by any notice or knowledge to the contrary. The Holder of a transferable Warrant shall be entitled to the rights of set-off or counter-claim between the Company and the original or any intermediate Holder; and all persons may act accordingly. The receipt of a Holder of a Warrant for shares purchasable pursuant thereto shall be a good discharge to the Company for the same, and the Company shall not be bound to enquire into the title of any such Holder. Transferable Warrants shall be negotiable and shall pass by delivery. Non-transferable Warrants and all rights thereunder shall not be transferable.

Ownership and Transfer of Warrants. The Company and Transfer Agent may deem and treat the Holder of a Warrant as the absolute owner of such Warrant for all purposes and shall not be affected by any notice or knowledge to the contrary. The Holder of a transferable Warrant shall be entitled to the rights of set-off or counter-claim between the Company and the original or any intermediate Holder; and all persons may act accordingly. The receipt of a Holder of a Warrant for shares purchasable pursuant thereto shall be a good discharge to the Company and Transfer Agent for the same, and neither the Company nor the Transfer Agent shall not be bound to enquire into the title of any such Holder. Transferable Warrants shall be negotiable and shall pass by delivery. Non-transferable Warrants and all rights thereunder shall not be transferable.

Ownership and Transfer of Warrants. The Company may deem and treat the Holder of a Warrant as the absolute owner of such Warrant for all purposes and shall not be affected by any notice or knowledge to the contrary. The Holder of a transferable Warrant shall be entitled to the rights of set-off or counter-claim between the Company and the original or any intermediate Holder; and all persons may act accordingly. The receipt of a Holder of a Warrant for shares purchasable pursuant thereto shall be a good discharge to the Company for the same, and the Company shall not be bound to enquire into the title of any such Holder. Transferable Warrants shall be negotiable and shall pass by delivery. Non-transferable Nontransferable Warrants and all rights thereunder shall not be transferable.