Common use of SUBDIVISION OF WARRANT Clause in Contracts

SUBDIVISION OF WARRANT. At the request of the holder of this Warrant in connection with a transfer or exercise of a portion of the Warrant and upon surrender of this Warrant for such purpose to the Company, the Company at its expense (except for any transfer tax payable) will issue in exchange therefor warrants of like tenor and date representing in the aggregate the right to purchase such number of shares of such Common Stock as shall be designated by such holder at the time of such surrender; provided, however, that the Company's obligations to subdivide securities under this Section shall be subject to and conditioned upon the compliance of any such subdivision with applicable state securities laws and with the Securities Act.

SUBDIVISION OF WARRANT. At the request of the holder of this Warrant in connection with a transfer or exercise of a portion of the Warrant and upon surrender of this Warrant for such purpose to the Company, the Company at its expense (except for any transfer tax payable) will issue in exchange therefor warrants of like tenor and date representing in the aggregate the right to purchase such number of shares of such Common Stock as shall be designated by such holder at the time of such surrender; provided, however, that the Company's obligations to subdivide securities under this Section shall be subject to and conditioned upon the compliance of any such subdivision with applicable state securities laws and with the Securities Act.

SUBDIVISION OF WARRANT. At the request of the holder of this Warrant in connection with a transfer or exercise of a portion of the Warrant and upon surrender of this Warrant for such purpose to the Company, the Company at its expense (except for any transfer tax payable) will issue in exchange therefor warrants of like tenor nature and date representing in the aggregate the right to purchase such number of shares of such Common Stock as shall be designated by such holder at the time of such surrender; provided, however, that the Company's obligations to subdivide securities under this Section shall be subject to and conditioned upon the compliance of any such subdivision with applicable state securities laws and with the Securities Act.

SUBDIVISION OF WARRANT. At the request of the holder of this Warrant in connection with a transfer or exercise of a portion of the Warrant and Warrant, upon surrender of this such Warrant for such purpose to the Company, the Company at its expense (except for any transfer tax payable) will issue in and exchange therefor warrants of like tenor and date representing in the aggregate the right to purchase such number of shares of such Common Stock as shall be designated by such holder at the time of such surrender; provided, however, that the Company's obligations to subdivide securities under this Section section shall be subject to and conditioned upon the compliance of any such subdivision with applicable state securities laws and with the Securities Act.

SUBDIVISION OF WARRANT. At the request of the holder of this Warrant in connection with a transfer or exercise of a portion of the Warrant and Warrant, upon surrender of this such Warrant for such purpose to the Company, the Company at its expense (except for any transfer tax payable) will issue in and exchange therefor warrants of like tenor and date representing in the aggregate the right to purchase such number of shares of such Common Stock as shall be designated by such holder at the time of such surrender; provided, however, that the Company's obligations to subdivide securities under this Section section shall be subject to and conditioned upon the compliance of any such subdivision with applicable state securities laws and with the Securities Act.

SUBDIVISION OF WARRANT. At the request of the holder of this Warrant in connection with a transfer or exercise of a portion of the Warrant and Warrant, upon surrender of this such Warrant for such purpose to the Company, the Company at its expense (except for any transfer tax payable) will issue in and exchange therefor warrants of like tenor and date representing in the aggregate the right to purchase such number of shares of such Common Stock as shall be designated by such holder at the time of such surrender; provided, however, that the Company's obligations to subdivide securities under this Section section shall be subject to and conditioned upon the compliance of any such subdivision with applicable state securities laws and with the Securities Act. - 10.

SUBDIVISION OF WARRANT. At the request of the holder Holder of this Warrant in connection with a transfer or exercise of a portion of the Warrant and Warrant, upon surrender of this such Warrant for such purpose to the Company, the Company at its expense (except for any transfer tax payable) will issue in and exchange therefor therefore warrants of like tenor and date representing in the aggregate the right to purchase such number of shares Shares of such Common Stock as shall be designated by such holder Holder at the time of such surrender; provided, however, that the Company's obligations to subdivide securities under this Section shall be subject to and conditioned upon the compliance of any such subdivision with applicable state securities laws and with the Securities Act.

SUBDIVISION OF WARRANT. At the request of the holder of this Warrant in connection with a transfer or exercise of a portion of the Warrant and Warrant, upon surrender of this such Warrant for such purpose to the Company, the Company at its expense (except for any transfer tax payable) will issue in and exchange therefor warrants of like tenor and date representing in the aggregate the right to purchase such number of shares of such Common Stock as shall be designated by such holder at 194 the time of such surrender; provided, however, that the Company's obligations to subdivide securities under this Section section shall be subject to and conditioned upon the compliance of any such subdivision with applicable state securities laws and with the Securities Act.

SUBDIVISION OF WARRANT. At the request of the holder Holder of this Warrant in connection with a transfer or exercise of a portion of the Warrant and Warrant, upon surrender of this such Warrant for such purpose to the Company, the Company at its expense (except for any transfer tax payable) will issue in and exchange therefor warrants of like tenor and date representing in the aggregate the right to purchase such number of shares Shares of such Common Stock as shall be designated by such holder Holder at the time of such surrender; provided, however, that the Company's obligations to subdivide securities under this Section Paragraph shall be subject to to, and conditioned upon upon, the compliance of any such subdivision with applicable state securities laws and with the Securities Act.

SUBDIVISION OF WARRANT. At the request of the holder of this Warrant in connection with a transfer or exercise of a portion of the Warrant and Warrant, upon surrender of this such Warrant for such purpose to the Company, the Company at its expense (except for any transfer tax payable) will issue in and exchange therefor warrants of like tenor and date representing in the aggregate the right to purchase such number of shares of such Common Stock as shall be designated by such holder at the time of such surrender; provided, however, that the Company's ’s obligations to subdivide securities under this Section shall be subject to and conditioned upon the compliance of any such subdivision with applicable state securities laws and with the Securities Actlaws.