Common use of Temporary Warrant Certificates Clause in Contracts

Temporary Warrant Certificates. Until definitive Warrant Certificates are ready for delivery, the Company may prepare and the Warrant Agent will countersign temporary Warrant Certificates. Temporary Warrant Certificates will be substantially in the form of definitive Warrant Certificates but may have insertions, substitutions, omissions and other variations determined to be appropriate by the Officer executing the temporary Warrant Certificates, as evidenced by the execution of the temporary Warrant Certificates. If temporary Warrant Certificates are issued, the Company will cause definitive Warrant Certificates to be prepared without unreasonable delay. After the preparation of definitive Warrant Certificates, the temporary Warrant Certificates will be exchangeable for definitive Warrant Certificates without charge to the Holder upon surrender of the temporary Warrant Certificates. Upon surrender for cancellation of any temporary Warrant Certificates, the Company will execute and the Warrant Agent will countersign and deliver in exchange therefor a like amount of definitive Warrant Certificates.

Appears in 3 contracts

Sources: Warrant Agreement (Trico Marine Services Inc), Warrant Agreement (WHX Corp), Warrant Agreement (Trico Marine Services Inc)