Common use of Exchange, Transfer and Replacement Clause in Contracts

Exchange, Transfer and Replacement. Subject to applicable federal and ---------------------------------- state securities laws, this Warrant and all rights hereunder are transferable in whole or in part upon the books of the Company by the Holder in person or by duly authorized attorney, and a new Warrant shall be made and delivered by the Company, of the same tenor as this Warrant but registered in the name of the transferee, upon surrender of this Warrant duly endorsed at said office or agency of the Company. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and, in case of loss, theft or destruction, an indemnity or security reasonably satisfactory to it, and upon surrender and cancellation of this Warrant, if mutilated, the Company will make and deliver a new Warrant of like tenor, in lieu of this Warrant; provided, however, that if the Holder of this -------- ------- Warrant is the original Holder, an affidavit of lost Warrant shall be sufficient for all purposes of this Section 3.

Exchange, Transfer and Replacement. Subject to applicable federal This Warrant is non-detachable ---------------------------------- from the Debenture and ---------------------------------- state securities lawsmay not be transferred, this assigned, sold, pledged or otherwise hypothecated ("Transferred") except with the Debenture, and if so ----------- Transferred, then only as permitted under the terms and conditions of the Debenture and the Securities Purchase Agreement. This Warrant and all rights hereunder are transferable in whole or in part upon the books of the Company by the Holder in person or by duly authorized attorney, and a new Warrant shall be made and delivered by the Company, of the same tenor as this Warrant but registered in the name of the transferee, upon surrender of this Warrant duly endorsed at said office or agency of the Company. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and, in case of loss, theft or destruction, an or indemnity or security reasonably satisfactory to it, and upon surrender and cancellation of this Warrant, if mutilated, the Company will make and deliver a new Warrant of like tenor, in lieu of this Warrant; , provided, however, that if -------- ------- the Holder of this -------- ------- Warrant is the original Holder, an affidavit of lost Warrant shall be sufficient for all purposes of this Section 3.