Common use of Exchange of Warrant Certificates Clause in Contracts

Exchange of Warrant Certificates. Subject to any restriction upon transfer set forth in this Warrant Agreement, each Warrant certificate may be exchanged at the option of the Warrant Holder thereof for another certificate or certificates of different denominations entitling the Warrant Holder thereof to purchase upon surrender to the Company or its duly authorized agent a like aggregate number of Warrant Shares as the certificate or certificates surrendered then entitle such Warrant Holder to purchase. Any Warrant Holder desiring to exchange a Warrant certificate or certificates shall make such request in writing delivered to the Company, and shall surrender, properly endorsed, the certificate or certificates to be so exchanged. Thereupon, the Company shall execute and deliver to the person entitled thereto a new Warrant certificate or certificates, as the case may be, as so requested. Any Warrant issued upon exchange, transfer or partial exercise of the Warrants shall be the valid obligation of the Company, evidencing the same generic rights and entitled to the same generic benefits under this Warrant Agreement as the Warrants surrendered for such exchange, transfer or exercise.

Exchange of Warrant Certificates. Subject to any restriction upon transfer set forth in this Warrant Agreement, each Warrant certificate may be exchanged at the option of the Warrant Holder thereof for another certificate or certificates of different denominations entitling the Warrant Holder thereof to purchase upon surrender to the Company Sheridan or its duly authorized agent a like aggregate number of Warrant Shares as the certificate or certificates surrendered then entitle such Warrant Holder to purchase. Any Warrant Holder desiring to exchange a Warrant certificate or certificates shall make such request in writing delivered to the CompanySheridan, and shall surrender, properly endorsed, the certificate or certificates to be so exchanged. Thereupon, the Company Sheridan shall execute and deliver to the person entitled thereto a new Warrant certificate or certificates, as the case may be, as so requested. Any Warrant issued upon exchange, transfer or partial exercise of the Warrants shall be the valid obligation of the CompanySheridan, evidencing the same generic rights and entitled to the same generic benefits under this Warrant Agreement as the Warrants surrendered for such exchange, transfer or exercise.

Exchange of Warrant Certificates. Subject to any restriction upon transfer set forth in this Warrant Agreement, each Warrant certificate may be exchanged at the option of the Warrant warrant Holder thereof for another certificate or certificates of different denominations entitling the Warrant Holder thereof to purchase upon surrender to the Company or its duly authorized agent a like aggregate number of Warrant Shares as the certificate or certificates surrendered then entitle such Warrant Holder to purchase. Any Warrant Holder desiring to exchange a Warrant certificate or certificates shall make such request in writing delivered to the Company, and shall surrender, properly endorsed, the certificate or certificates to be so exchanged. Thereupon, the Company shall execute and deliver to the person entitled thereto a new Warrant certificate or certificates, as the case may be, as so requested. Any Warrant issued upon exchange, transfer or partial exercise of the Warrants shall be the valid obligation of the Company, evidencing the same generic rights and entitled to the same generic benefits under this Warrant Agreement as the Warrants surrendered for such exchange, transfer or exercise.

Exchange of Warrant Certificates. Subject to any restriction upon transfer set forth in this (a) Warrant Agreement, each Warrant certificate Certificates may be exchanged at the option of the for other Warrant Holder thereof for another certificate or certificates of different denominations entitling the Warrant Holder thereof to purchase upon surrender to the Company or its duly authorized agent a like Certificates representing an equal aggregate number of Warrants of the same class. Warrant Shares as the certificate or certificates Certificates to be exchanged shall be surrendered then entitle such Warrant Holder to purchase. Any Warrant Holder desiring to exchange a Warrant certificate or certificates shall make such request in writing delivered to the CompanyWarrant Agent at its Corporate Office, and shall surrender, properly endorsed, upon satisfaction of the certificate or certificates to be so exchanged. Thereuponterms and provisions hereof, the Company shall execute and the Warrant Agent shall countersign, issue and deliver in exchange therefor the Warrant Certificate or Certificates, which the Warrant Holder making the exchange shall be entitled to receive. (b) The Warrant Agent shall keep at its office books in which, subject to such reasonable regulations as it may prescribe, it shall register Warrant Certificates in accordance with its regular practice. (c) With respect to all Warrant Certificates presented for exchange or exercise, the subscription form on the reverse thereof shall be duly endorsed, or be accompanied by a written instrument or instruments of subscription, in form satisfactory to the person entitled thereto a new Company and the Warrant certificate Agent, duly executed by the Warrant Holder or certificates, as the his attorney-in-fact duly authorized in writing and any required signature guarantees. (d) All Warrant Certificates surrendered for exercise or for exchange in case may be, as so requested. Any of mutilated Warrant issued upon exchange, transfer or partial exercise of the Warrants Certificates shall be promptly cancelled by the valid obligation Warrant Agent and thereafter retained by the Warrant Agent until termination of this Agreement or resignation as Warrant Agent, or, disposed of or destroyed, at the direction of the Company, evidencing the same generic rights and entitled to the same generic benefits under this Warrant Agreement as the Warrants surrendered for such exchange, transfer or exercise.

Exchange of Warrant Certificates. Subject to any restriction upon transfer set forth in this Warrant Agreement, each Warrant certificate may be exchanged at the option of the Warrant Holder thereof for another certificate or certificates of different denominations entitling the Warrant Holder thereof to purchase upon surrender to the Company or its duly authorized agent a like aggregate number of Warrant Shares as the certificate or certificates surrendered then entitle such Warrant Holder to purchase. Any Warrant Holder desiring to exchange a Warrant certificate or certificates shall make such request requests in writing delivered to the Company, and shall surrender, properly endorsed, the certificate or certificates to be so exchanged. Thereupon, Thereupon the Company shall execute and deliver to the person entitled thereto a new Warrant certificate or certificates, certificates as the case may be, as so requested. Any Warrant issued upon exchange, transfer or partial exercise of the Warrants shall be the valid obligation of the Company, evidencing the same generic rights and entitled to the same generic benefits under this Warrant Agreement as the Warrants surrendered for such exchange, transfer or exercise.

Exchange of Warrant Certificates. Subject to any restriction upon transfer set forth in this Warrant Agreement, each Warrant certificate Certificate may be exchanged at the option of the Warrant Holder thereof for another certificate Warrant Certificate or certificates Certificates of different denominations entitling the Warrant Holder thereof to purchase upon surrender to the Company or its duly authorized agent a like aggregate number of Warrant Shares shares of Common Stock as the certificate Warrant Certificate or certificates Certificates surrendered then entitle such Warrant Holder to purchase. The shares of Common Stock issuable upon exercise of the Warrants are referred to herein as "Warrant Shares". Any Warrant Holder desiring to exchange a Warrant certificate Certificate or certificates Certificates shall make such request in writing delivered to the Company, and shall surrender, properly endorsed, the certificate Warrant Certificate or certificates Certificates to be so exchanged. Thereupon, the Company shall execute and deliver to the person entitled thereto a new Warrant certificate Certificate or certificatesCertificates, as the case may be, as so requested. Any Warrant Certificate issued upon exchange, transfer or partial exercise of the Warrants shall be the valid obligation of the Company, evidencing the same generic rights and entitled to the same generic benefits under this Warrant Agreement as the Warrants Warrant Certificate surrendered for such exchange, transfer or exercise.