Common use of Certificates for Unexercised Warrants Clause in Contracts

Certificates for Unexercised Warrants. In the event that, prior to the Expiration Date, a Warrant Certificate is exercised in respect of fewer than all of the Warrant Shares issuable on such exercise, a new Warrant Certificate representing the remaining Warrant Shares shall be issued and delivered pursuant to the provisions hereof; PROVIDED that the Company shall not be required to issue any Warrant Certificate representing any fractional Warrant Shares.

Appears in 1 contract

Sources: Warrant Agreement (Biosphere Medical Inc)

Certificates for Unexercised Warrants. In the event that, prior to the Expiration Date, a Warrant Certificate is exercised in respect of fewer than all of the Warrant Shares issuable on such exercise, exercise a new Warrant Certificate representing the remaining Warrant Shares shall be issued and delivered pursuant to the provisions hereof; PROVIDED that the Company shall not be required to issue any Warrant Certificate representing any fractional Warrant Shares.

Appears in 1 contract

Sources: Warrant Agreement (Streamline Inc)