Common use of Issuance of New Warrant Certificates Clause in Contracts

Issuance of New Warrant Certificates. Each Warrant shall be exercisable at the election of the Holder thereof, either in full or from time to time in part (in whole numbers of Warrant Shares), and, in the event that a Warrant is exercised (and a Warrant Certificate is surrendered) in respect of fewer than all of the Warrant Shares issuable on such exercise at any time prior to the Expiration Date, a new Warrant Certificate evidencing the remaining Warrant or Warrants will be issued and delivered by the Company.

Appears in 3 contracts

Sources: Warrant Agreement (Media General Inc), Asset Purchase Agreement (Media General Inc), Credit Agreement (Media General Inc)

Issuance of New Warrant Certificates. Each Warrant shall be exercisable at the election of the Holder thereof, either in full or from time to time in part (in whole numbers of Warrant Shares), and, in the event that a Warrant is exercised (and a Warrant Certificate is surrendered) in respect of fewer than all of the Warrant Shares issuable on such exercise at any time prior to the Expiration Date, a new Warrant Certificate evidencing the remaining Warrant or Warrants will be issued and delivered by the Company.

Appears in 1 contract

Sources: Warrant Agreement (American Axle & Manufacturing Holdings Inc)