Common use of Cancellation and Destruction of Warrant Certificates Clause in Contracts

Cancellation and Destruction of Warrant Certificates. All Eight Month Warrant Certificates, Five Year Warrant Certificates or Pre-Funded Warrant Certificates surrendered for the purpose of exercise, transfer or split up shall, if surrendered to the Company or to any of its agents, be delivered to the Warrant Agent for cancellation or in canceled form, or, if surrendered to the Warrant Agent, shall be canceled by it, and no Eight Month Warrant Certificate, Five Year Warrant Certificate or Pre-Funded Warrant Certificate shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Agreement. The Company shall deliver to the Warrant Agent for cancellation and retirement, and the Warrant Agent shall so cancel and retire, any other Eight Month Warrant Certificate, Five Year Warrant Certificate or Pre-Funded Warrant Certificate purchased or acquired by the Company otherwise than upon the exercise thereof. The Warrant Agent shall deliver all canceled Eight Month Warrant Certificates, Five Year Warrant Certificates and Pre-Funded Warrant Certificates to the Company, or shall, at the written request of the Company, destroy such canceled Eight Month Warrant Certificates, Five Year Warrant Certificates and Pre-Funded Warrant Certificates, and in such case shall deliver a certificate of destruction thereof to the Company, subject to any applicable law, rule or regulation requiring the Warrant Agent to retain such canceled certificates.

Cancellation and Destruction of Warrant Certificates. All Eight Month Warrant Certificates, Five Year Common Share Purchase Warrant Certificates or the Pre-Funded Warrant Certificates surrendered for the purpose of exercise, transfer transfer, split up, combination or split up exchange shall, if surrendered to the Company or to any of its agents, be delivered to the Warrant Agent for cancellation or in canceled form, or, if surrendered to the Warrant Agent, shall be canceled by it, and no Eight Month Warrant Certificate, Five Year Common Share Purchase Warrant Certificate or Pre-Funded Warrant Certificate shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Agreement. The Company shall deliver to the Warrant Agent for cancellation and retirement, and the Warrant Agent shall so cancel and retire, any other Eight Month Warrant Certificate, Five Year Common Share Purchase Warrant Certificate or Pre-Funded Warrant Certificate purchased or acquired by the Company otherwise than upon the exercise thereof. The Warrant Agent shall deliver all canceled Eight Month Common Share Purchase Warrant Certificates, Five Year Warrant Certificates and Certificate or Pre-Funded Warrant Certificates Certificate to the Company, or shall, at the written request of the Company, destroy such canceled Eight Month Warrant Certificates, Five Year Common Share Purchase Warrant Certificates and or Pre-Funded Warrant Certificates, and in such case shall deliver a certificate of destruction thereof to the Company, subject to any applicable law, rule or regulation requiring the Warrant Agent to retain such canceled certificates.