Common use of Initial Holders Clause in Contracts

Initial Holders. The Company shall deliver to the Warrant Agent a list of the names of the persons who shall be the initial Holders of the Warrants and the number of Warrants to which each such person is entitled. The Warrant Agent is hereby authorized by the Company to promptly issue Warrant Certificates for up to __________ Warrants upon receipt of the written request of the Company, which shall include the list referred to in the preceding sentence. The Company shall deliver to the Warrant Agent, along with this Warrant Agreement, a sufficient number of duly executed Warrant Certificates. The Warrant Certificates requested by the Company shall be completed and countersigned by the Warrant Agent and promptly delivered to the Company to be mailed or delivered to the Holders pursuant to the terms hereof. When requested by the Warrant Agent, from time to time hereafter, the Company will execute additional Warrant Certificates in blank for the Warrant Agent to issue hereunder.

Appears in 1 contract

Sources: Warrant Agreement (1st Colonial Bancorp Inc)

Initial Holders. The Company Bank shall deliver to the Warrant Agent a list --------------- of the names of the persons who shall be the initial Holders of the Warrants and the number of Warrants to which each such person is entitled. The Warrant Agent is hereby authorized by the Company Bank to promptly issue Warrant Certificates for up to __________ 400,000 Warrants upon receipt of the written request of the CompanyBank, which shall include the list referred to in the preceding sentence. The Company Bank shall deliver to the Warrant Agent, along with this Warrant Agreement, a sufficient number of duly executed Warrant Certificates. The Warrant Certificates requested by the Company shall be completed and countersigned by the Warrant Agent and promptly delivered to the Company Transfer Agent to be mailed or delivered to the Holders pursuant to the terms hereof. When requested by the Warrant Agent, from time to time hereafter, the Company Bank will execute additional Warrant Certificates in blank for the Warrant Agent to issue hereunder.

Appears in 1 contract

Sources: Warrant Agreement (Community Partners Bancorp)

Initial Holders. The Company shall deliver to the Warrant Agent a list of the names of the persons who shall be the initial Holders of the Warrants and the number of Warrants to which each such person is entitled. The Warrant Agent is hereby authorized by the Company to promptly issue Warrant Certificates for up to __________ 965,000 Warrants upon receipt of the written request of the Company, which shall include the list referred to in the preceding sentence. The Company shall deliver to the Warrant Agent, along with this Warrant Agreement, a sufficient number of duly executed Warrant Certificates. The Warrant Certificates requested by the Company shall be completed and countersigned by the Warrant Agent and promptly delivered to the Company to be mailed or delivered to the Holders pursuant to the terms hereof. When requested by the Warrant Agent, from time to time hereafter, the Company will execute additional Warrant Certificates in blank for the Warrant Agent to issue hereunder.

Appears in 1 contract

Sources: Warrant Agreement (Admiralty Bancorp Inc)