Common use of Issue of Share Certificates Clause in Contracts

Issue of Share Certificates. Within five (5) Business Days following the due exercise of a Warrant pursuant to Section 3.1, the Company shall (i) cause the Transfer Agent to mail to the person or persons in whose name or names the Common Shares so subscribed for and purchased are to be issued, as specified in the subscription completed on the Warrant Certificate, at the address specified in such subscription form, or (ii) if specified in such subscription form, cause to be delivered to such person or persons at the office of the Warrant Agent where such Warrant Certificate was surrendered, a certificate or certificates representing the appropriate number of Common Shares to which the Warrantholder is entitled and elected to subscribe for and purchase pursuant to the Warrant Certificate surrendered to the Warrant Agent.