Common use of Procedure for Exercise of Warrant Clause in Contracts

Procedure for Exercise of Warrant. The Holder may exercise this Warrant by delivering the following to the principal office of the Issuer in accordance with Section 5.1 hereof: i. a duly executed Notice of Exercise in substantially the form attached as Exhibit B; ii. either (i) a written certification that the Holder is not in the United States or a U.S. person, and that the Warrant is not being exercised in the United States on behalf of a U.S. person, which written certificate may be contained in the Notice of Exercise delivered pursuant to sub-paragraph (a) above; or (ii) a written opinion of counsel to the effect that the Warrant and the Shares have been registered under the Securities Act or are exempt from registration thereunder;

Appears in 2 contracts

Sources: Subscription Agreement (China Technology Development Group Corp), Subscription Agreement (China Technology Development Group Corp)