Common use of Split-Up, Combination, Exchange and Transfer of Warrants Clause in Contracts

Split-Up, Combination, Exchange and Transfer of Warrants. Subject to the provisions of Section 5.02 of this Agreement, any Warrant Certificate issued pursuant to this Warrant Agreement may be split up, combined or exchanged for another Warrant Certificate or Certificates containing the same terms to purchase a like aggregate number of Warrant Shares. If a Warrantholder desires to split up, combine, or exchange any Warrant Certificate issued pursuant to the Warrant Agreement, it shall make such request in writing delivered to the Company and shall surrender to the Company such Warrant Certificate to be so split-up, combined, or exchanged. Upon any such surrender for a split-up, combination, or exchange, the Company shall execute and deliver to the person or persons entitled thereto a Warrant Certificate or any Warrant Certificate issued pursuant to this Warrant Agreement, as the case may be, as so requested. The Company shall not be required to effect any split-up, combination, or exchange which will result in the issuance of Warrant Certificates entitling the Warrantholder thereof to purchase upon exercise a fraction of a Warrant Share. The Company may require such Warrantholder to pay a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any split-up, combination or exchange of Warrants.

Appears in 2 contracts

Samples: Warrant Agreement (River Financial Corp), Warrant Agreement (River Financial Corp)

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Split-Up, Combination, Exchange and Transfer of Warrants. Section 6.01: Split-up, Combination, Exchange and Transfer of Warrants. Subject to and limited by the provisions of Section 5.02 of this Agreement6.02 hereof, any Warrant Certificate issued pursuant to this Warrant Agreement may be split up, combined or exchanged for another Warrant Certificate or Certificates Warrants containing the same terms to purchase a like aggregate number of Warrant Shares. If a the Warrantholder desires to split up, combine, combine or exchange any Warrant Certificate issued pursuant to the Warrant Agreementthis Warrant, he or it shall make such request in writing delivered to the Company and shall surrender to the Company such this Warrant Certificate and any other Warrants to be so split-split up, combined, combined or exchanged. Upon any such surrender for a split-up, combination, combination or exchange, the Company shall execute and deliver to the person or persons entitled thereto a Warrant Certificate or any Warrant Certificate issued pursuant to this Warrant AgreementWarrants, as the case may be, as so requested. The Company shall not be required to effect any split-up, combination, combination or exchange which will result in the issuance of Warrant Certificates a warrant entitling the Warrantholder thereof warrantholder to purchase upon exercise a fraction of a Warrant Shareshare of Common Stock or a fractional Warrant. The Company may require such Warrantholder to pay a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any split-up, combination or exchange of Warrants.

Appears in 1 contract

Samples: Aeroflex Inc

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Split-Up, Combination, Exchange and Transfer of Warrants. Subject to the provisions of Section 5.02 of this Agreementhereof, any Warrant Certificate issued pursuant to this Warrant Agreement may be split up, combined or exchanged for another Warrant Certificate or Certificates containing the same terms to purchase a like aggregate number of Warrant Shares. If a the Warrantholder desires to split up, combine, combine or exchange any Warrant Certificate issued pursuant to the Warrant Agreement, it shall make such request in writing delivered to the Company and shall surrender to the Company such Warrant Certificate to be so split-up, combined, combined or exchanged. Upon any such surrender for a split-up, combination, combination or exchange, the Company shall execute and deliver to the person or persons entitled thereto a Warrant Certificate or any Warrant Certificate issued pursuant to this Warrant Agreement, as the case may be, as so requested. The Company shall not be required to effect any split-up, combination, combination or exchange which will result in (i) the issuance of Warrant Certificates entitling the Warrantholder thereof to purchase upon exercise a fraction of a Warrant ShareShare or a fractional Warrant or (ii) more than a total of 20 Warrant Certificates outstanding representing, in the aggregate, the right to purchase the Warrant Shares represented by the Warrant Certificate originally issued to Commonwealth. The Company may require such Warrantholder to pay a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any split-up, combination or exchange of Warrants.

Appears in 1 contract

Samples: Warrant Agreement (Aramex International LTD)

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