Common use of Register of Securities Clause in Contracts

Register of Securities. The Company or its duly appointed agent shall maintain a separate register for the Preferred Shares and the Warrants in which it shall register the issuance and transfer of all Preferred Shares and Warrants. All transfers of Preferred Shares and Warrants shall be recorded on the register maintained by the Company or its agent, and the Company shall be entitled to regard the registered holder of such securities as the actual owner of the securities so registered until the Company or its agent is required to record a transfer of such securities on its register. The Company or its agent shall be required to record any such transfer when it receives (a) the security to be transferred duly and properly endorsed by the registered holder thereof or by its attorney duly authorized in writing, and (b) the opinion of counsel referred to in Sections 4.2 and 4.3 hereof or evidence of compliance with the registration provisions referred to in those Sections.

Register of Securities. The Company or its duly appointed agent shall maintain maintain, or cause its agent to maintain, a separate register for the Preferred Shares shares of Common Stock and the Warrants Warrants, in which it shall register the issuance issue and transfer sale of all Preferred Shares and Warrantssuch Securities. All transfers of Preferred Shares and Common Stock or Warrants shall be recorded on the register maintained by the Company or its agent, and the Company shall be entitled to regard the registered holder of such securities Securities as the actual owner holder of the securities Securities so registered until the Company or its agent is required to record a transfer of such securities Securities on its register. The Subject to SECTION 4.2(C) hereof, the Company or its agent shall be required to record any such transfer when it receives (a) the security Security to be transferred transferred, duly and properly endorsed by the registered holder thereof or by its attorney attorney-in-fact duly authorized in writing, and (b) the opinion of counsel referred to in Sections 4.2 and 4.3 hereof or evidence of compliance with the registration provisions referred to in those Sections.

Register of Securities. The Company or its duly appointed agent shall ---------------------- maintain a separate register registers for the Series C Preferred Shares and the Warrants CVRs in which it shall register the issuance and transfer of all Preferred Shares and Warrantssuch securities. All transfers of Series C Preferred Shares and Warrants CVRs shall be recorded on the register registers maintained by the Company or its agent, and the Company shall be entitled to regard the registered holder of such securities as the actual owner of the securities so registered until the Company or its agent is required to record a transfer of such securities on its register. The Company or its agent shall be required to record any such transfer when it receives (a) the security to be transferred duly and properly endorsed by the registered holder thereof or by its attorney duly authorized in writing, and (b) the opinion of counsel referred to in Sections 4.2 and 4.3 hereof or evidence of compliance with the registration provisions referred to in those Sections.

Register of Securities. The Company or its duly appointed agent shall maintain a separate register for the Series B Preferred Shares and the Warrants in which it shall register the issuance and transfer of all Series B Preferred Shares and WarrantsShares. All transfers of Series B Preferred Shares and Warrants shall be recorded on the register maintained by the Company or its agent, and the Company shall be entitled to regard the registered holder of such securities as the actual owner of the securities so registered until the Company or its agent is required to record a transfer of such securities on its register. The Company or its agent shall be required to record any such transfer when it receives (a) the security to be transferred duly and properly endorsed by the registered holder thereof or by its attorney duly authorized in writing, and (b) the opinion of counsel referred to in Sections 4.2 and 4.3 hereof or evidence of compliance with the registration provisions referred to in those Sections.