Common use of Warrants Acquired by the Company Clause in Contracts

Warrants Acquired by the Company. (a) In the event the Company shall purchase or otherwise acquire Warrants, such Warrants may, at the option of the Company, be (i) in the case of Bearer Warrants or Registered Warrants evidenced by Definitive Warrant Certificates, delivered to the Warrant Agent, and if so delivered, the Warrant Agent shall promptly cancel such Warrants on the records of the Warrant Agent or (ii) in the case of Warrants evidenced by one or more Global Warrant Certificates, surrendered free through a participant of the Depositary to the Depositary for credit to the account of the Warrant Agent maintained at the Depositary, and if so credited, the Warrant Agent shall promptly note the cancellation of such Warrants by notation on the records of the Warrant Agent and the Warrant Agent shall cause its records to be marked to reflect the reduction in the number of Warrants evidenced by the Global Warrant Certificate or Certificates by the number of Warrants so canceled promptly after such account is credited. Warrants acquired by the Company may also, at the option of the Company, be resold by the Company directly or to or through any of its affiliates in lieu of being surrendered to the Warrant Agent or credited to its account. No Warrant Certificate shall be countersigned in lieu of or in exchange for any Warrant that is canceled as provided herein, except as otherwise expressly permitted by this Agreement.

Appears in 4 contracts

Samples: Warrant Agreement (Morgan Stanley Finance LLC), Warrant Agreement (Morgan Stanley Capital Trust Iv), Warrant Agreement (Morgan Stanley Capital Trust VIII)

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Warrants Acquired by the Company. (a) In the event the Company shall purchase or otherwise acquire Warrants, such Warrants may, at the option of the Company, be (i) in the case of Bearer Warrants or Registered Warrants evidenced by Definitive Warrant CertificatesWarrants, delivered to the Warrant Agent, and if so delivered, the Warrant Agent shall promptly cancel such Warrants on the records of the Warrant Agent or (ii) in the case of Warrants evidenced by one or more Global Warrant CertificatesBook-entry Warrants, surrendered free through a participant of the Depositary Participant to the Depositary Depository for credit to the account of the Warrant Agent maintained at the DepositaryDepository, and if so credited, the Warrant Agent shall promptly note the cancellation of such Warrants by notation on the records of the Warrant Agent and the Warrant Agent shall cause its records to be marked to reflect the reduction in the number of Warrants evidenced represented by the Global Warrant Certificate or Certificates by the number of Warrants so canceled cancelled promptly after such account is credited. In the case of Book-entry Warrants, such Warrants acquired by the Company may also, at the option of the Company, be resold by the Company directly or to or through any of its affiliates in lieu of being surrendered to the Warrant Agent or credited to its accountDepository. No Warrant Certificate shall be countersigned in lieu of or in exchange for any Warrant that which is canceled cancelled as provided herein, except as otherwise expressly permitted by this Agreement. Any cancelled Warrant Certificate held by the Warrant Agent under this Agreement shall be disposed of by the Warrant Agent in accordance with its customary procedures unless otherwise directed by the Company, and the Warrant Agent shall deliver a certificate of disposition to the Company evidencing the same.

Appears in 3 contracts

Samples: Warrant Agreement (Morgan Stanley Group Inc /De/), Warrant Agreement (Morgan Stanley Group Inc /De/), Warrant Agreement (Morgan Stanley Group Inc /De/)

Warrants Acquired by the Company. (a) In the event the Company shall purchase or otherwise acquire Warrants, such Warrants may, at the option of the Company, be (i) in the case of Bearer Warrants or Registered Warrants evidenced by Definitive Warrant CertificatesCertificated Warrants, delivered to the Warrant Agent, and if so delivered, the Warrant Agent shall promptly cancel such Warrants on the records of the Warrant Agent or (ii) in the case of Warrants evidenced by one or more Global Warrant CertificatesBook-Entry Warrants, surrendered free through a participant of the Depositary Participant to the Depositary Depository for credit to the account of the Warrant Agent maintained at the DepositaryDepository, and if so credited, the Warrant Agent shall promptly note the cancellation of such Warrants by notation on the records of the Warrant Agent and the Warrant Agent shall cause its records to be marked to reflect the reduction in the number of Warrants evidenced represented by the Global Warrant Certificate or Certificates by the number of Warrants so canceled cancelled promptly after such account is credited. In the case of Book-Entry Warrants, such Warrants acquired by the Company may also, at the option of the Company, be resold by the Company directly or to or through any of its affiliates in lieu of being surrendered to the Warrant Agent or credited to its accountDepository. No Warrant Certificate shall be countersigned in lieu of or in exchange for any Warrant that which is canceled cancelled as provided herein, except as otherwise expressly permitted by this Agreement. Any cancelled Warrant Certificate held by the Warrant Agent under this Agreement shall be disposed of by the Warrant Agent in accordance with its customary procedures unless otherwise directed by the Company, and the Warrant Agent shall deliver a certificate of disposition to the Company evidencing the same.

Appears in 3 contracts

Samples: Warrant Agreement (Dean Witter Discover & Co), Warrant Agreement (J P Morgan Chase & Co), Warrant Agreement (J P Morgan Chase & Co)

Warrants Acquired by the Company. (a) In the event the Company shall purchase or otherwise acquire Warrants, such Warrants may, at the option of the Company, be (i) in the case of Bearer Warrants or Registered Warrants evidenced by Definitive Warrant CertificatesCertificated Warrants, delivered to the Warrant Agent, and if so delivered, the Warrant Agent shall promptly cancel note the cancellation of such Warrants on the records of the Warrant Agent or (ii) in the case of Warrants evidenced by one or more Global Warrant CertificatesBook-Entry Warrants, surrendered free through a participant of the Depositary Participant to the Depositary Depository for credit to the account of the Warrant Agent maintained at the DepositaryDepository, and if so credited, the Warrant Agent shall promptly note the cancellation of such Warrants by notation on the records of the Warrant Agent and Agent. In the Warrant Agent shall cause its records to be marked to reflect the reduction in the number case of Book-Entry Warrants, such Warrants evidenced by the Global Warrant Certificate or Certificates by the number of Warrants so canceled promptly after such account is credited. Warrants acquired by the Company may also, at the option of the Company, be resold by the Company directly or to or through any of its affiliates in lieu of being surrendered to the Warrant Agent or credited to its accountDepository. No Warrant Certificate shall be countersigned in lieu of or in exchange for any Warrant that which is canceled as provided herein, except as otherwise expressly permitted by this Agreement. Any canceled Warrant Certificate held by the Warrant Agent under this Agreement shall be destroyed by the Warrant Agent unless otherwise directed by the Company, and the Warrant Agent shall deliver a certificate of destruction to the Company evidencing the same.

Appears in 2 contracts

Samples: Warrant Agreement (Paine Webber Group Inc), Warrant Agreement (Paine Webber Group Inc)

Warrants Acquired by the Company. (a) In the event the Company shall purchase or otherwise acquire Warrants, such Warrants may, at the option of the Company, be (i) in the case of Bearer Warrants or Registered Warrants evidenced by Definitive Warrant CertificatesCertificated Warrants, delivered to the Warrant Agent, and if so delivered, the Warrant Agent shall promptly cancel such Warrants on the records of the Warrant Agent or (ii) in the case of Warrants evidenced by one or more Global Warrant CertificatesBook-Entry Warrants, surrendered free through a participant of the Depositary Participant to the Depositary Depository for credit to the account of the Warrant Agent maintained at the DepositaryDepository, and if so credited, the Warrant Agent shall promptly note the cancellation of such Warrants by notation on the records of the Warrant Agent and the Warrant Agent shall cause its records to be marked to reflect the reduction in the number of Warrants evidenced represented by the Global Warrant Certificate or Certificates by the number of Warrants so canceled promptly after such account is credited. In the case of Book-Entry Warrants, such Warrants acquired by the Company may also, at the option of the Company, be resold by the Company directly or to or through any of its affiliates in lieu of being surrendered to the Warrant Agent or credited to its accountDepository. No Warrant Certificate shall be countersigned in lieu of or in exchange for any Warrant that which is canceled as provided herein, except as otherwise expressly permitted by this Agreement. Any canceled Warrant Certificate held by the Warrant Agent under this Agreement shall be disposed of by the Warrant Agent in accordance with its customary procedures unless otherwise directed by the Company, and the Warrant Agent shall deliver a certificate of disposition to the Company evidencing the same.

Appears in 2 contracts

Samples: Index Warrant Agreement (Dean Witter Discover & Co), Index Warrant Agreement (J P Morgan Chase & Co)

Warrants Acquired by the Company. (a) In the event the Company shall purchase or otherwise acquire Warrants, such Warrants may, at the option of the Company, be (i) in the case of Bearer Warrants or Registered Warrants evidenced by Definitive Warrant Certificates, delivered to the Warrant Agent, and if so delivered, the Warrant Agent shall promptly cancel such Warrants on the records of the Warrant Agent or (ii) in the case of Warrants evidenced by one or more Global Warrant Certificates, surrendered free through a participant of the Depositary to the Depositary for credit to the account of the Warrant Agent maintained at the Depositary, and if so credited, the Warrant Agent shall promptly note the cancellation of such Warrants by notation on the records of the Warrant Agent and the Warrant Agent shall cause its records to be marked to reflect the reduction in the number of Warrants evidenced by the Global Warrant Certificate or Certificates by the number of Warrants so canceled promptly after such account is credited. Warrants acquired by the Company may also, at the option of the Company, be resold by the Company directly or to or through any of its affiliates in lieu of being surrendered to the Warrant Agent or credited to its account. No Warrant Certificate shall be countersigned in lieu of or in exchange for any Warrant that is canceled as provided herein, except as otherwise expressly permitted by this Agreement.

Appears in 1 contract

Samples: Warrant Agreement (Bear Stearns Companies Inc)

Warrants Acquired by the Company. (a) In the event the Company shall purchase or otherwise acquire Warrants, such Warrants may, at the option of the Company, be (i) in the case of Bearer Warrants or Registered Warrants evidenced by Definitive Warrant CertificatesWarrants, delivered to the Warrant Agent, and if so delivered, the Warrant Agent shall promptly cancel such Warrants on the records of the Warrant Agent or (ii) in the case of Warrants evidenced by one or more Global Warrant CertificatesBook-entry Warrants, surrendered free through a participant of the Depositary Participant to the Depositary Depository for credit to the account of the Warrant Agent maintained at the DepositaryDepository, and if so credited, the Warrant Agent shall promptly note the cancellation of such Warrants by notation on the records of the Warrant Agent and the Warrant Agent shall cause its records to be marked to reflect the reduction in the number of Warrants evidenced represented by the Global Warrant Certificate or Certificates by the number of Warrants so canceled cancelled promptly after such account is credited. In the case of Book- entry Warrants, such Warrants acquired by the Company may also, at the option of the Company, be resold by the Company directly or to or through any of its affiliates in lieu of being surrendered to the Warrant Agent or credited to its accountDepository. No Warrant Certificate shall be countersigned in lieu of or in exchange for any Warrant that which is canceled cancelled as provided herein, except as otherwise expressly permitted by this Agreement. Any cancelled Warrant Certificate held by the Warrant Agent under this Agreement shall be disposed of by the Warrant Agent in accordance with its customary procedures unless otherwise directed by the Company, and the Warrant Agent shall deliver a certificate of disposition to the Company evidencing the same.

Appears in 1 contract

Samples: Warrant Agreement (Bear Stearns Companies Inc)

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Warrants Acquired by the Company. (a) In the event the Company shall purchase or otherwise acquire Warrants, such Warrants may, at the option of the Company, be (i) in the case of Bearer Warrants or Registered Warrants evidenced by Definitive Warrant Certificates, delivered to the Warrant Agent, and if so delivered, the Warrant Agent shall promptly cancel such Warrants on the records of the Warrant Agent or (ii) in the case of Warrants evidenced by one or more Global Warrant CertificatesBook-Entry Warrants, surrendered free through a participant of the Depositary Participant to the Depositary Depository for credit to the account of the Warrant Agent maintained at the DepositaryDepository, and if so credited, the Warrant Agent shall promptly note the cancellation of such Warrants by notation on the records of the Warrant Agent and the Warrant Agent shall cause its records to be marked to reflect the reduction in the number of Warrants evidenced represented by the Global Warrant Certificate or Certificates by the number of Warrants so canceled cancelled promptly after such account is creditedcredited or (ii) in the case of Definitive Warrants, delivered to the Warrant Agent, and if so delivered, the Warrant Agent shall promptly cancel such Warrants on the records of the Warrant Agent. In the case of Book-Entry Warrants, such Warrants acquired by the Company may also, at the option of the Company, be resold by the Company directly or to or through any of its affiliates in lieu of being surrendered to the Warrant Agent or credited to its accountDepository. No Warrant Certificate shall be countersigned in lieu of or in exchange for any Warrant that which is canceled cancelled as provided herein, except as otherwise expressly permitted by this Agreement. Any cancelled Warrant Certificate held by the Warrant Agent under this Agreement shall be disposed of by the Warrant Agent in accordance with its customary procedures unless otherwise directed by the Company, and the Warrant Agent shall deliver a certificate of disposition to the Company evidencing the same.

Appears in 1 contract

Samples: Warrant Agreement (Eksportfinans Asa)

Warrants Acquired by the Company. (a) In the event the Company shall purchase or otherwise acquire Warrants, such Warrants may, at the option of the Company, be (ia) in the case of Bearer Warrants or Registered Warrants evidenced by Definitive Warrant Certificates, delivered to the Warrant Agent, and if so delivered, the Warrant Agent shall promptly cancel such Warrants on the records of the Warrant Agent or (ii) in the case of Warrants evidenced by one or more Global Warrant CertificatesBook-Entry Warrants, surrendered free through a participant of the Depositary Participant to the Depositary for credit to the account of the Warrant Agent maintained at the Depositary, and if so credited, the Warrant Agent shall promptly note the cancellation of such Warrants by notation on the records of the Warrant Agent and the Warrant Agent shall cause its records to be marked to reflect the reduction in the number of Warrants evidenced represented by the Global Warrant Certificate or Certificates by the number of Warrants so canceled cancelled promptly after such account is creditedcredited or (b) in the case of Definitive Warrants, delivered to the Warrant Agent, and if so delivered, the Warrant Agent shall promptly cancel such Warrants on the records of the Warrant Agent. In the case of Book-Entry Warrants, such Warrants acquired by the Company may also, at the option of the Company, be resold by the Company directly or to or through any of its affiliates in lieu of being surrendered to the Warrant Agent or credited to its accountDepositary. No Warrant Certificate shall be countersigned in lieu of or in exchange for any Warrant that which is canceled cancelled as provided herein, except as otherwise expressly permitted by this Agreement. Any cancelled Warrant Certificate held by the Warrant Agent under this Agreement shall be disposed of by the Warrant Agent in accordance with its customary procedures unless otherwise directed by the Company, and the Warrant Agent shall deliver a certificate of disposition to the Company evidencing the same upon its written request therefor.

Appears in 1 contract

Samples: Warrant Agreement (J P Morgan Chase & Co)

Warrants Acquired by the Company. (a) In the event the Company shall purchase or otherwise acquire Warrants, such Warrants may, at the option of the Company, be (i) in the case of Bearer Warrants or Registered Warrants evidenced by Definitive Warrant CertificatesCertificated Warrants, delivered to the Warrant Agent, and if so delivered, the Warrant Agent shall promptly cancel such Warrants on the records of the Warrant Agent or (ii) in the case of Warrants evidenced by one or more Global Warrant CertificatesBook-Entry Warrants, surrendered free through a participant of the Depositary Participant to the Depositary Depository for credit to the account of the Warrant Agent maintained at the DepositaryDepository, and if so credited, the Warrant Agent shall promptly note the cancellation of such Warrants by notation on the records of the Warrant Agent and the Warrant Agent shall cause its records to be marked to reflect the reduction in the number of Warrants evidenced represented by the Global Warrant Certificate or Certificates by the number of Warrants so canceled cancelled promptly after such account is credited. In the case of Book- Entry Warrants, such Warrants acquired by the Company may also, at the option of the Company, be resold by the Company directly or to or through any of its affiliates in lieu of being surrendered to the Warrant Agent or credited to its accountDepository. No Warrant Certificate shall be countersigned in lieu of or in exchange for any Warrant that which is canceled cancelled as provided herein, except as otherwise expressly permitted by this Agreement. Any cancelled Warrant Certificate held by the Warrant Agent under this Agreement shall be disposed of by the Warrant Agent in accordance with its customary procedures unless otherwise directed by the Company, and the Warrant Agent shall deliver a certificate of disposition to the Company evidencing the same.

Appears in 1 contract

Samples: Warrant Agreement (Dean Witter Discover & Co)

Warrants Acquired by the Company. (a) In -------------------------------- the event the Company shall purchase or otherwise acquire Warrants, such Warrants may, at the option of the Company, be (i) in the case of Bearer Warrants or Registered Warrants evidenced by Definitive Warrant CertificatesWarrants, delivered to the Warrant Agent, and if so delivered, the Warrant Agent shall promptly cancel such Warrants on the records of the Warrant Agent or (ii) in the case of Warrants evidenced by one or more Global Warrant CertificatesBook-entry Warrants, surrendered free through a participant of the Depositary Participant to the Depositary Depository for credit to the account of the Warrant Agent maintained at the DepositaryDepository, and if so credited, the Warrant Agent shall promptly note the cancellation of such Warrants by notation on the records of the Warrant Agent and the Warrant Agent shall cause its records to be marked to reflect the reduction in the number of Warrants evidenced represented by the Global Warrant Certificate or Certificates by the number of Warrants so canceled cancelled promptly after such account is credited. In the case of Book- entry Warrants, such Warrants acquired by the Company may also, at the option of the Company, be resold by the Company directly or to or through any of its affiliates in lieu of being surrendered to the Warrant Agent or credited to its accountDepository. No Warrant Certificate shall be countersigned in lieu of or in exchange for any Warrant that which is canceled cancelled as provided herein, except as otherwise expressly permitted by this Agreement. Any cancelled Warrant Certificate held by the Warrant Agent under this Agreement shall be disposed of by the Warrant Agent in accordance with its customary procedures unless otherwise directed by the Company, and the Warrant Agent shall deliver a certificate of disposition to the Company evidencing the same.

Appears in 1 contract

Samples: Warrant Agreement (Bear Stearns Companies Inc)

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