Transfer of Warrant Certificate and Warrant Shares Clause Samples
The 'Transfer of Warrant Certificate and Warrant Shares' clause governs how the rights represented by a warrant certificate, as well as the shares issuable upon exercise of the warrant, may be transferred from one party to another. Typically, this clause outlines the procedures and requirements for transferring ownership, such as providing proper documentation, complying with applicable laws, and possibly obtaining consent from the issuer. Its core function is to ensure that transfers are conducted in an orderly and legally compliant manner, thereby protecting both the issuer and the holders from unauthorized or improper transfers.
Transfer of Warrant Certificate and Warrant Shares. (1) The Company shall from time to time register the transfer of any outstanding Warrant Certificates in the warrant register upon surrender thereof accompanied by a written instrument or instruments of transfer in form reasonably satisfactory to the Company duly executed by the Holder or Holders thereof or by the duly appointed legal representative thereof or by a duly authorized attorney. Upon any such registration of transfer, the Company shall issue as promptly as practicable in any event within three (3) Business Days (as hereinafter defined) after receipt of such notice of transfer of a new Warrant Certificate to the transferee(s). As used in the Warrant Certificate, the term "Business Day" means any day which is not a Saturday, Sunday or statutory holiday in the City of Toronto.
Transfer of Warrant Certificate and Warrant Shares. The Company shall from time to time register the transfer of any outstanding Warrant Certificates in the warrant register upon surrender thereof accompanied by a written instrument or instruments of transfer in form reasonably satisfactory to the Company duly executed by the Holder or Holders thereof or by the duly appointed legal representative thereof or by a duly authorized attorney. Upon any such registration of transfer, the Company shall issue as promptly as practicable in any event within three (3) Business Days (as