Common use of Partial Exercise of Warrants Clause in Contracts

Partial Exercise of Warrants. A Warrantholder may exercise less than all of the Warrants held by such Warrantholder. In the event of any exercise of a number of Warrants less than the number which the holder is entitled to receive, the Warrantholder upon such exercise shall, in addition, be entitled to receive without charge therefor, a new Warrant Certificate(s) in respect of the balance of the Warrants represented by the surrendered Warrant Certificate and which are not then exercised.

Partial Exercise of Warrants. A Warrantholder may exercise less a number of Warrants that is not more than all of the Warrants held total number evidenced by a duly surrendered Warrant Certificate, which the holder is entitled to exercise pursuant to such WarrantholderWarrant Certificate. In the event of any exercise of If a Warrantholder exercises a number of Warrants less than the total number which the holder is entitled to receiveexercise, the Warrantholder upon such exercise shall, in addition, be is entitled to receive receive, without charge therefor, a new Warrant Certificate(s) in respect of Certificate evidencing the balance of the Warrants represented by the surrendered Warrant Certificate and which are not then being exercised.