Common use of Surrender of Warrant Clause in Contracts

Surrender of Warrant. A Warrant surrendered for exercise or redemption shall, if surrendered to the Company shall be promptly canceled by the Company and shall not be reissued by the Company. The Company shall destroy such each canceled Warrant.

Appears in 4 contracts

Samples: Letter Agreement (Emtec Inc/Nj), Emtec Inc/Nj, Emtec Inc/Nj

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Surrender of Warrant. A Warrant surrendered for exercise or redemption shall, if surrendered to the Company shall be promptly canceled by the Company and shall not be reissued by the Company. The Company shall destroy such each canceled Warrant. 5.2.

Appears in 1 contract

Samples: Abc Naco Inc

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