Class B Warrant Certificate definition
Examples of Class B Warrant Certificate in a sentence
The Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted in reliance on any Class B Warrant Certificate, certificate of shares, notice, resolution, waiver, consent, order certificate, or other paper, document or instrument believed by it to be genuine and to have signed, sent or presented by the proper party or parties.
Each Class B Warrant Certificate shall entitle the registered holder thereof, subject to the provisions of this Agreement and of the Warrant Certificate, to purchase, on or after the Expiration Date, one fully paid and non-assessable share of Common Stock for each Warrant evidenced by such Warrant Certificate for $_____.
A Class B Warrant Certificate may be exchanged for a new Class B Warrant Certificate and Class B Warrants may be divided or combined with other Class B Warrants upon presentation of the Class B Warrant Certificate(s) therefor at the aforesaid office or agency of the Warrant Agent, together with a written notice specifying the names and denominations in which new Class B Warrant Certificates are to be issued, signed by the Holder of such Class B Warrant Certificate or Certificates or its agent or attorney.
Upon any partial transfer, the Warrant Agent shall promptly issue and deliver to the Holder hereof a new Class B Warrant Certificate of like tenor, in the name of the Holder hereof, which shall be exercisable for such number of shares of Class B Warrant Stock which were not so transferred.
Upon receipt by the Company from any Holder of evidence satisfactory to the Company of the ownership of and the loss, theft, destruction or mutilation of a Class B Warrant Certificate and indemnity satisfactory to the Company, and in case of mutilation upon surrender and cancellation thereof, the Company will execute and deliver to such Holder in exchange for or in lieu thereof a new Class B Warrant Certificate of like tenor and for the same aggregate number of Class B Warrants.
In case any officer or director of the Company whose signature shall have been placed upon any Class B Warrant Certificate shall cease to be such officer or director of the Company before countersignature by the Warrant Agent and the issuance and delivery thereof, such Class B Warrant Certificate may nevertheless be countersigned by the Warrant Agent and issued and delivered with the same force and effect as though such person had not ceased to be such officer or director of the Company.
The terms of the Class B Warrants are set forth in the Form of Class B Warrant, attached hereto and made a part hereof as Exhibit B (the "Class B Warrant Certificate"; together with the Class A Warrant Certificate, the "Warrant Certificates").
Subject to Section 4.2, the Class B Warrants and all rights hereunder are transferable, in whole or in part, without charge to the Holder hereof upon surrender of the Class B Warrant Certificate with a form of assignment, substantially in the form attached hereto as Exhibit C, at the office or agency of the Warrant Agent as provided for in Section 12.
Each Class B Warrant Certificate shall entitle the registered holder thereof, subject to the provisions of this Agreement and of the Warrant Certificate, to purchase, on or before the close of business on the Expiration Date, one fully paid and non-assessable share of Common Stock for each Warrant evidenced by such Warrant Certificate for $______.
All Warrant certificates issued pursuant to the Warrant Agreement subsequent to the date hereof, including Warrant Certificates issued upon transfer of outstanding Warrants, shall be substantially in the form of the amended Class A Warrant certificate and the amended Class B Warrant Certificate attached hereto as Exhibit A and Exhibit B, respectively.