Common use of Surrender of Warrant; Expenses Clause in Contracts

Surrender of Warrant; Expenses. (a) Whether in connection with the exercise, exchange or registration of transfer or replacement of this Warrant, surrender of this Warrant (or a copy hereof) shall be made to the Company during normal business hours on a business day (unless the Company otherwise permits) at the executive offices of the Company or to such other office or duly authorized representative of the Company as from time to time may be designated by the Company by written notice given to the Holder of this Warrant. (b) The Company shall pay all costs and expenses incurred in connection with the exercise, registering, exchange, transfer or replacement of this Warrant, including the costs of preparation, execution and delivery of warrants and stock certificates, and shall pay all taxes (other than any taxes measured by the income of any Person other than the Company) and other charges imposed by law payable in connection with the transfer or replacement of this Warrant. (c) The Company shall deliver or cause to be delivered to the Holder exercising this Warrant or any portion hereof certificates representing the shares of Common Stock issuable upon such exercise within ten business days of the surrender and delivery by such Holder to the Company of this Warrant and a duly completed Exercise Form. In the event the Company fails to deliver or cause to be delivered to the Holder such certificates (without legend or restriction if such Warrant Securities are then, or are required to be, registered pursuant to the Warrant Agreement) within such ten business day period, the Company shall pay to the Holder the Delay Damages. In the event the Company restricts or delays the transfer or clearance of such certificates by the Holder (whether by stop transfer order, unreasonable delay or otherwise), the Company shall pay to the Holder the Delay Damages for each calendar day of such restriction or delay.

Surrender of Warrant; Expenses. (a) Whether in connection with the exercise, exchange or registration of transfer or replacement of this Warrant, surrender of this Warrant (or a copy hereof) shall be made to the Company during normal business hours on a business day (unless the Company otherwise permits) at the executive offices of the Company or to such other office or duly authorized representative of the Company as from time to time may be designated by the Company by written notice given to the Holder of this Warrant. (b) The Company shall pay all costs and expenses incurred in connection with the exercise, registering, exchange, transfer or replacement of this Warrant, including the costs of preparation, execution and delivery of warrants and stock certificates, and shall pay all taxes (other than any taxes measured by the income of any Person other than the Company) and other charges imposed by law payable in connection with the transfer or replacement of this Warrant. (c) The Company shall deliver or cause to be delivered to the Holder exercising this Warrant or any portion hereof certificates representing the shares of Common Stock issuable upon such exercise within ten five business days of the surrender and delivery by such Holder to the Company of this Warrant and a duly completed Exercise Form. In the event the Company fails to deliver or cause to be delivered to the Holder such certificates (without legend or restriction if such Warrant Securities are then, or are required to be, registered pursuant to the Warrant Agreement) within such ten five business day period, the Company shall pay to the Holder the Delay Damages. In the event the Company restricts or delays the transfer or clearance of such certificates by the Holder (whether by stop transfer order, unreasonable delay or otherwise), the Company shall pay to the Holder the Delay Damages for each calendar day of such restriction or delay.