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

Split-Up, Combination, Exchange and Transfer of Warrants. Section 5.1: Split-up, Combination, Exchange and Transfer of Warrants. -------------------------------------------------------- Subject to the provisions of Section 5.2 hereof, this Warrant may be split up, combined or exchanged for another warrant or Warrants containing the same terms to purchase a like aggregate number of Warrant Shares. If the Warrantholder desires to split up, combine or exchange this Warrant, he shall make such request in writing delivered to the Company and shall surrender to the Company this Warrant and any other Warrants 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 entitled thereto a Warrant or Warrants, 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 a Warrant entitling the Warrantholder to purchase upon exercise a fraction of a share 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: Warrant Agreement (Professional Bancorp Inc)

AutoNDA by SimpleDocs

Split-Up, Combination, Exchange and Transfer of Warrants. Section 5.1: Split-up, Combination, Exchange and Transfer of Warrants. -------------------------------------------------------- Subject to and limited by the provisions of Section 5.2 5(a) hereof, this Warrant at the request of the Holder may be split up, combined or exchanged for another warrant Warrant or Warrants containing the same terms and entitling the Holder to purchase a like aggregate number of Warrant Shares. If the Warrantholder Holder desires to split up, combine or exchange this Warrant, he the Holder shall make such request in writing delivered to the Company and shall surrender to the Company this Warrant and any other Warrants to be so split-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 entitled thereto a Warrant or Warrants, 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 a Warrant entitling that would entitle the Warrantholder to purchase upon exercise a fraction of a share of Common Stock or a fractional Warrant. The Company may require such Warrantholder Holder 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 (Cheniere Energy Inc)

Split-Up, Combination, Exchange and Transfer of Warrants. Section 5.16.01: Split-upUp, Combination, Exchange and Transfer of Warrants. -------------------------------------------------------- Subject to and limited by the provisions of Section 5.2 6.02 hereof, this Warrant may be split up, combined or exchanged for another warrant Warrant or Warrants containing the same terms to purchase a like aggregate number of Warrant Shares. If the Warrantholder desires to split up, combine or exchange this Warrant, he it shall make such request in writing delivered to the Company and shall surrender to the Company this Warrant and any other Warrants to be so split-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 entitled thereto a Warrant or Warrants, 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 a Warrant entitling the Warrantholder to purchase upon exercise a fraction of a share 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: Warrant Agreement (Aeroflex Inc)

Split-Up, Combination, Exchange and Transfer of Warrants. Section 5.16.01: Split-up, Combination, Exchange and Transfer of Warrants. -------------------------------------------------------- Subject to and limited by the provisions of Section 5.2 6.02 hereof, this Warrant may be split up, combined or exchanged for another warrant Warrant or Warrants containing the same terms to purchase a like aggregate number of Warrant Shares. If the Warrantholder desires to split up, combine or exchange this Warrant, he or it shall make such request in writing delivered to the Company and shall surrender to the Company this Warrant and any other Warrants to be so split-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 entitled thereto a Warrant or Warrants, 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 a Warrant warrant entitling the Warrantholder warrantholder to purchase upon exercise a fraction of a share 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: Warrant Agreement (Aeroflex Inc)

AutoNDA by SimpleDocs

Split-Up, Combination, Exchange and Transfer of Warrants. Section 5.1: Split-up, Combination, Exchange and Transfer of Warrants. -------------------------------------------------------- Subject to and limited by the provisions of Section 5.2 5(a) hereof, this Warrant at the request of the Holder may be split up, combined or exchanged for another warrant Warrant or Warrants containing the same terms and entitling the Holder to purchase a like aggregate number of Warrant Shares. If the Warrantholder Holder desires to split up, combine or exchange this Warrant, he the Holder shall make such request in writing delivered to the Company and shall surrender to the Company this Warrant and any other Warrants to be so split-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 entitled thereto a Warrant or Warrants, 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 a Warrant entitling Wan-ant entitled the Warrantholder to purchase upon exercise a fraction of a share of Common Stock or a fractional Warrant. The Company may require such Warrantholder Holder 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 (Cheniere Energy Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!