Partial Exercise, Conversion or Transfer Sample Clauses
The "Partial Exercise, Conversion or Transfer" clause allows a party to exercise, convert, or transfer only a portion of their rights or interests under an agreement, rather than requiring action on the entire amount. For example, a warrant holder could choose to convert only part of their warrants into shares, or an investor might transfer a fraction of their holdings to another party. This clause provides flexibility, enabling parties to manage their positions incrementally and adapt to changing circumstances, thereby facilitating more tailored and efficient use of contractual rights.
Partial Exercise, Conversion or Transfer. Subject to the restrictions in Section 3 hereof, this Purchase Option may be exercised, converted or assigned in whole or in part. In the event of the exercise, conversion or assignment hereof in part only, upon surrender of this Purchase Option for cancellation, together with the duly executed exercise or assignment form and funds (except in the case of conversion) sufficient to pay any Exercise Price and/or transfer tax, the Company shall cause to be delivered to the Holder without charge a new Purchase Option of like tenor to this Purchase Option in the name of the Holder evidencing the right of the Holder to purchase the aggregate number of Units purchasable hereunder as to which this Purchase Option has not been exercised, converted or assigned.
Partial Exercise, Conversion or Transfer. Subject to the restrictions in Section 3 hereof, this Warrant may be exercised, converted or assigned in whole or in part. In the event of the exercise, conversion or assignment hereof in part only, upon surrender of this Warrant for cancellation, together with the duly executed exercise or assignment form and funds (except in the case of conversion) sufficient to pay any Exercise Price and/or transfer tax, the Company shall cause to be delivered to the Holder without charge a new Warrant of like tenor to this Warrant in the name of the Holder evidencing the right of the Holder to purchase the aggregate number of Common Shares purchasable hereunder as to which this Warrant has not been exercised or assigned.
Partial Exercise, Conversion or Transfer. Subject to the restrictions in Section 3 hereof, this Purchase Option may be exercised, converted or assigned in whole or in part. In the event of the exercise, conversion or assignment hereof in part only, upon surrender of this Purchase Option for cancellation, together with the duly executed exercise or assignment form and