Common use of Warrants Detachable Clause in Contracts

Warrants Detachable. The Warrants constitute a separate, detachable security from the Debentures. In the event of any redemption of the Debentures, in whole or in part, by the Company, the Holder shall retain any of its Warrants that have not been exercised or redeemed in accordance with their terms and in the event of any redemption of the Warrants, in whole or in part, by the Company, the Holder shall retain any of its Warrants that have not been exercised or redeemed in accordance with their terms.

Appears in 8 contracts

Samples: Warrant Agreement (Alternative Construction Company, Inc.), Warrant Agreement (Universal Energy Corp.), Warrant Agreement (Universal Energy Corp.)

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Warrants Detachable. The Warrants constitute a separate, detachable security from the Debentures. In the event of any redemption of the Debentures, in whole or in part, by the Company, the Holder shall retain any of its Warrants that have not been exercised or redeemed in accordance with their terms and in the event of any redemption of the outstanding Warrants, in whole or in part, by the Company, the Holder shall retain any of its Warrants that have not been exercised or redeemed in accordance with their terms.

Appears in 6 contracts

Samples: Warrant Agreement (ICP Solar Technologies Inc.), Warrant Agreement (ICP Solar Technologies Inc.), Warrant Agreement (ICP Solar Technologies Inc.)

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Warrants Detachable. The Warrants constitute a separate, detachable security from the Debentures. In the event of any redemption of the Debentures, in whole or in part, by the CompanyCompany or Allora, as applicable, the Holder shall retain any of its Warrants that have not been exercised or redeemed in accordance with their terms and in the event of any redemption of the outstanding Warrants, in whole or in part, by the Company, the Holder shall retain any of its Warrants that have not been exercised or redeemed in accordance with their terms.

Appears in 1 contract

Samples: Warrant Agreement (Allora Minerals, Inc.)

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