Common use of Issuance of New Warrant Certificates Clause in Contracts

Issuance of New Warrant Certificates. Notwithstanding any of the provisions of this Agreement or of the Warrants to the contrary, the Company may, at its option, issue new Warrant Certificates evidencing Warrants in such form as may be approved by its Board of Directors which reflect any adjustment or change in the number or kind or class of shares of stock or other securities or property purchasable under the Warrant Certificates made in accordance with the provisions of this Agreement. The Company may, at its option, require Registered Holders of Warrants to surrender their old Warrant Certificates for any such new Warrant Certificates. The Company shall make no service or other charge in connection with any such exchange or Warrant Certificates, except for any taxes payable in connection therewith.