Common use of Temporary Warrants Clause in Contracts

Temporary Warrants. (a) Pending the preparation of definitive Warrants of any series, the Company may execute, and upon Company Order the Warrant Agent shall authenticate and deliver, temporary Warrants that are printed, lithographed, typewritten, mimeographed or otherwise reproduced, in any authorized denomination, substantially of the tenor of the definitive Warrants in lieu of which they are issued, in registered form or, if authorized, in bearer form, and with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Warrants may determine, as conclusively evidenced by their execution of such Warrants. Any such temporary Warrant may be in global form, representing all or a portion of the outstanding Warrants of such series. Every such temporary Warrant shall be executed by the Company and shall be authenticated and delivered by the Warrant Agent upon the same conditions and in substantially the same manner, and with the same effect, as the definitive Warrant or Warrants in lieu of which it is issued. (b) If temporary Warrants of any series are issued, the Company will cause definitive Warrants of such series to be prepared without unreasonable delay. Except as otherwise specified pursuant to Section 3.01 with respect to a series of Warrants issuable as Bearer Warrants or as one or more Global Warrants representing individual Bearer Warrants of such series, (i) after the preparation of definitive Warrants of such series, the temporary Warrants of such series shall be exchangeable for definitive Warrants of such series upon surrender of such temporary Warrants at the office or agency of the Company in a Place of Payment for such series, without charge to the holder, except as provided in Section 3.06 and except that a Person receiving definitive Bearer Warrants shall bear the cost of insurance, postage, transportation and the like unless otherwise specified pursuant to Section 3.01, and (ii) upon surrender for cancellation of any one or more temporary Warrants of any series, the Company shall execute and the Warrant Agent shall authenticate and deliver in exchange therefor a like amount of definitive Warrants of the same series of authorized denominations and of like tenor; provided, however, that no definitive Bearer Warrant shall be delivered in exchange for a temporary Registered Warrant; and provided, further, that delivery of a Global Warrant representing individual Bearer Warrants or a Bearer Warrant shall occur only outside the United States. Until so exchanged, the temporary Warrants of any series shall in all respects be entitled to the same benefits under this Agreement as definitive Warrants of such series. (c) Unless otherwise specified pursuant to Section 3.01, the Company will execute and deliver each definitive Global Warrant representing individual Bearer Warrants and each Bearer Warrant to the Warrant Agent at its principal office in London or such other place outside the United States specified pursuant to Section 3.01. (d) Upon any exchange of a portion of a temporary Global Warrant for a definitive Global Warrant or for the individual Warrants represented thereby pursuant to this Section 3.03 or Section 3.06, the temporary Global Warrant shall be endorsed by the Warrant Agent to reflect the reduction of the amount evidenced thereby, whereupon the amount of such temporary Global Warrant shall be reduced for all purposes by the amount so exchanged and endorsed.

Temporary Warrants. (a) Pending the preparation of definitive Warrants of any series, the Company may execute, and upon Company Order the Warrant Agent shall authenticate and deliver, temporary Warrants that are printed, lithographed, typewritten, mimeographed or otherwise reproduced, in any authorized denomination, substantially of the tenor of the definitive Warrants in lieu of which they are issued, in registered form or, if authorized, in bearer form, and with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Warrants may determine, as conclusively evidenced by their execution of such Warrants. Any such temporary Warrant may be in global form, representing all or a portion of the outstanding Warrants of such series. Every such temporary Warrant shall be executed by the Company and shall be authenticated and delivered by the Warrant Agent upon the same conditions and in substantially the same manner, and with the same effect, as the definitive Warrant or Warrants in lieu of which it is issued. (b) If temporary Warrants of any series are issued, the Company will cause definitive Warrants of such series to be prepared without unreasonable delay. Except as otherwise specified pursuant to Section 3.01 with respect to a series of Warrants issuable as Bearer Warrants or as one or more Global Warrants representing individual Bearer Warrants of such series, (i) after the preparation of definitive Warrants of such series, the temporary Warrants of such series shall be exchangeable for definitive Warrants of such series upon surrender of such temporary Warrants at the office or agency of the Company in a Place of Payment for such series, without charge to the holder, except as provided in Section 3.06 and except that a Person receiving definitive Bearer Warrants shall bear the cost of insurance, postage, transportation and the like unless otherwise specified pursuant to Section 3.01, and (ii) upon surrender for cancellation of any one or more temporary Warrants of any series, the Company shall execute and the Warrant Agent shall authenticate and deliver in exchange therefor a like amount of definitive Warrants of the same series of authorized denominations and of like tenor; provided, however, that no definitive Bearer Warrant shall be delivered in exchange for a temporary Registered Warrant; and provided, further, that delivery of a Global Warrant representing individual Bearer Warrants or a Bearer Warrant shall occur only outside the United States. Until so exchanged, the temporary Warrants of any series shall in all respects be entitled to the same benefits under this Agreement as definitive Warrants of such series. (c) Unless otherwise specified pursuant to Section 3.01, the Company will execute and deliver each definitive Global Warrant representing individual Bearer Warrants and each Bearer Warrant to the Warrant Agent at its principal office in London or such other place outside the United States specified pursuant to Section 3.01. (d) Upon any exchange of a portion of a temporary Global Warrant for a definitive Global Warrant or for the individual Warrants represented thereby pursuant to this Section 3.03 or Section 3.06, the temporary Global Warrant shall be endorsed by the Warrant Agent to reflect the reduction of the amount evidenced thereby, whereupon the amount of such temporary Global Warrant shall be reduced for all purposes by the amount so exchanged and endorsed.this