Common use of Surrender and Cancellation of Warrant Certificates Clause in Contracts

Surrender and Cancellation of Warrant Certificates. Any Warrant Certificate surrendered for registration of transfer, exchange or exercise of the Warrants represented thereby or pursuant to Section 6.02 shall, if surrendered to Sterling, be delivered to the Warrant Agent, and all Warrant Certificates surrendered or so delivered to the Warrant Agent shall be promptly canceled by the Warrant Agent and shall not be reissued by Sterling or the Warrant Agent and, except as provided in Section 2.04 (in the case of a transfer or exchange), Section 3.03 (in the case of the exercise of less than all the Warrants represented by the surrendered Warrant Certificate) or Article V (in the case of a lost, stolen, destroyed or mutilated Warrant Certificate), no Warrant Certificate shall be issued hereunder in lieu thereof. On request of Sterling, the Warrant Agent, provided that any retention periods established by the Securities and Exchange Commission have expired, shall destroy canceled Warrant Certificates held by it and shall deliver its certificates of destruction to Sterling. The Warrant Agent shall destroy all canceled Warrant Certificates in accordance with its normal procedures.

Appears in 1 contract

Samples: Warrant Agreement (Sterling Chemical Inc)

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Surrender and Cancellation of Warrant Certificates. Any Warrant Certificate surrendered for registration of transfer, exchange or exercise of the Tranche A Warrants represented thereby or pursuant to Section 6.02 shall, if surrendered to SterlingGenTek, be delivered to the Warrant Agent, and all Warrant Certificates surrendered or so delivered to the Warrant Agent shall be promptly canceled by the Warrant Agent and shall not be reissued by Sterling GenTek or the Warrant Agent and, except as provided in Section 2.04 2.03 (in the case of a transfer or exchange), Section 3.03 (in the case of the exercise of less than all the Tranche A Warrants represented by the surrendered Warrant Certificate) or Article V (in the case of a lost, stolen, destroyed or mutilated Warrant Certificate), no Warrant Certificate shall be issued hereunder in lieu thereof. On request of SterlingGenTek, the Warrant Agent, provided that any retention periods established by the Securities and Exchange Commission have expired, shall destroy canceled Warrant Certificates held by it and shall deliver its certificates of destruction to SterlingGenTek. The Warrant Agent shall destroy all canceled Warrant Certificates in accordance with its normal procedures.

Appears in 1 contract

Samples: Warrant Agreement (Gentek Inc)

Surrender and Cancellation of Warrant Certificates. Any Warrant Certificate surrendered for registration of transfer, exchange or exercise of the Tranche C Warrants represented thereby or pursuant to Section 6.02 shall, if surrendered to SterlingGenTek, be delivered to the Warrant Agent, and all Warrant Certificates surrendered or so delivered to the Warrant Agent shall be promptly canceled by the Warrant Agent and shall not be reissued by Sterling GenTek or the Warrant Agent and, except as provided in Section 2.04 2.03 (in the case of a transfer or exchange), Section 3.03 (in the case of the exercise of less than all the Tranche C Warrants represented by the surrendered Warrant Certificate) or Article V (in the case of a lost, stolen, destroyed or mutilated Warrant Certificate), no Warrant Certificate shall be issued hereunder in lieu thereof. On request of SterlingGenTek, the Warrant Agent, provided that any retention periods established by the Securities and Exchange Commission have expired, shall destroy canceled Warrant Certificates held by it and shall deliver its certificates of destruction to SterlingGenTek. The Warrant Agent shall destroy all canceled Warrant Certificates in accordance with its normal procedures.

Appears in 1 contract

Samples: Warrant Agreement (Gentek Inc)

Surrender and Cancellation of Warrant Certificates. Any Warrant Certificate surrendered for registration of transfer, exchange or exercise of the Warrants represented thereby or pursuant to Section 6.02 shall, if surrendered to Sterlingthe Company, be delivered to the Warrant Agent, and all Warrant Certificates surrendered or so delivered to the Warrant Agent shall be promptly canceled by the Warrant Agent and shall not be reissued by Sterling the Company or the Warrant Agent and, except as provided in Section 2.04 (in the case of a transfer or exchange), Section 3.03 (in the case of the exercise of less than all the Warrants represented by the surrendered Warrant Certificate) or Article ARTICLE V (in the case of a lost, stolen, destroyed or mutilated Warrant Certificate), no Warrant Certificate shall be issued hereunder in lieu thereof. On request of Sterlingthe Company, the Warrant Agent, provided that any retention periods established by the Securities and Exchange Commission have expired, shall destroy canceled Warrant Certificates held by it and shall deliver its certificates of destruction to Sterlingthe Company. The Warrant Agent shall destroy all canceled Warrant Certificates in accordance with its normal procedures.

Appears in 1 contract

Samples: Warrant Agreement (Magnachip Semiconductor LLC)

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Surrender and Cancellation of Warrant Certificates. Any Warrant Certificate surrendered for registration of transfer, exchange or exercise of the Tranche B Warrants represented thereby or pursuant to Section 6.02 shall, if surrendered to SterlingGenTek, be delivered to the Warrant Agent, and all Warrant Certificates surrendered or so delivered to the Warrant Agent shall be promptly canceled by the Warrant Agent and shall not be reissued by Sterling GenTek or the Warrant Agent and, except as provided in Section 2.04 2.03 (in the case of a transfer or exchange), Section 3.03 (in the case of the exercise of less than all the Tranche B Warrants represented by the surrendered Warrant Certificate) or Article V (in the case of a lost, stolen, destroyed or mutilated Warrant Certificate), no Warrant Certificate shall be issued hereunder in lieu thereof. On request of SterlingGenTek, the Warrant Agent, provided that any retention periods established by the Securities and Exchange Commission have expired, shall destroy canceled Warrant Certificates held by it and shall deliver its certificates of destruction to SterlingGenTek. The Warrant Agent shall destroy all canceled Warrant Certificates in accordance with its normal procedures.

Appears in 1 contract

Samples: Warrant Agreement (Gentek Inc)

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