Surrender of Warrants Sample Clauses

Surrender of Warrants. The Company shall have received in physical form or through book-entry transfer from the Holder all certificates or book-entry notation representing the Warrants to be exchanged for the Exchange Shares.
AutoNDA by SimpleDocs
Surrender of Warrants. 1. Subject only to the closing of the Acquisition (the "Closing"), the Warrantholder hereby surrenders to the Company the Warrants, and delivers to the Company the certificate representing the Warrants, for cancellation. The Company hereby acknowledges receipt from the Warrantholder of the certificate for the sole purpose of cancelling the Warrants pursuant to this Agreement.
Surrender of Warrants. As soon as practicable after the date hereof, the Company or its designee shall deliver to each Warrant Holder (1) a Letter of Transmittal and (2) instructions for use in effecting the cancellation and termination of the Warrant in exchange for the portion of Warrant Payments contemplated to be paid to such Warrant Holder pursuant to this Section 3.3. As a condition precedent to each Warrant Holder’s right to receive his, her or its Warrant Payment, if any, such Warrant Holder shall deliver to the Company or the Paying Agent an executed Letter of Transmittal. Upon receipt by the Company or its designee of the items set forth in the immediately preceding sentence (but in no event earlier than the Effective Time), the Company or its designee shall pay to such Warrant Holder, subject to any applicable withholdings and subject to adjustment as provided in Section 3.4 hereof, the portion of Warrant Payments due under this Section 3.3 with respect to such Warrant, which payment shall be made on the later of the Closing Date and five (5) Business Days after the date of receipt by the Company of such deliveries from such Warrant Holder.
Surrender of Warrants. Each Contributor shall have delivered to the Operating Partnership its Warrants, in genuine and unaltered form, accompanied by such instruments of transfer or cancellation as may be requested by the Operating Partnership.
Surrender of Warrants. Each Holder hereby represents that it has surrendered each of the Warrants held by it to the Company for cancellation and hereby relinquishes all right, title and interest in and to the Warrants and the related Put Rights held by it.
Surrender of Warrants. Each Purchaser hereby surrenders to Company all of the Warrants owned by it as set forth in Schedule C, representing in the aggregate, assuming all outstanding Warrants are surrendered hereby, the right to purchase up to 31,626,374 shares of Common Stock (the "Surrendered Warrants"). Company accepts such Surrendered Warrants and such Surrendered Warrants shall be immediately deemed canceled. Each Purchaser shall return the original Warrant certificates to the Company within ten days of the date hereof.
Surrender of Warrants. Notwithstanding anything herein to the contrary, the Holder shall not be required to physically surrender this Warrant to the Company until the Holder has subscribed for all of the Warrant Shares available hereunder and the Warrant has been exercised in full, in which case, the Holder shall surrender this Warrant to the Company for cancellation within three (3) Business Days of the date the final Notice of Exercise is delivered to the Company. Partial exercises of this Warrant resulting in a subscription of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares purchasable hereunder in an amount equal to the applicable number of Warrant Shares subscribed.
AutoNDA by SimpleDocs
Surrender of Warrants. On the Closing Date, MW shall surrender to VVI all of the Vested Warrants for cancellation.
Surrender of Warrants. The Company shall accept the surrender of Warrants at any time. Any Warrants surrendered will be cancelled forthwith and will not be available for re-issue or resale.
Surrender of Warrants. The Company shall have received in physical form or through book-entry transfer from the Holder all certificates or book-entry notation representing the Warrants as well as the Original Agreement marked for cancellation/rescission; In addition, Holder shall return (via DWAC withdrawal) all Company Common Stock previously issued to Holder in connection with the Original Agreement, to be exchanged for the Exchange Note.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!