Transfer and Replacement of Warrant Clause Samples

The "Transfer and Replacement of Warrant" clause defines the conditions under which a warrant holder may transfer their warrant to another party or obtain a replacement if the original is lost, stolen, or destroyed. Typically, this clause outlines the procedures for endorsing and delivering the warrant to a new holder, as well as the requirements—such as affidavits or indemnities—for issuing a replacement document. Its core practical function is to ensure the warrant remains a negotiable and secure instrument, while providing clear steps for addressing loss or transfer, thereby reducing the risk of disputes or unauthorized claims.
Transfer and Replacement of Warrant. Neither this Warrant, nor any interest in this Warrant, may be sold, distributed, assigned, offered, pledged or otherwise transferred without the express written consent of the Company, except that transfers of this Warrant or an interest in this Warrant may be made at any time during the term to members of Lender, the children of the members of Lender, or a trust for the benefit of the individual members of the Lender or for the children of the members of the Lenders provided such members, children of members, or trust shall remain subject to the transfer restrictions provided in this Agreement and under applicable law.
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Transfer and Replacement of Warrant. Subject to the provisions of Section 4, this Warrant may be transferred, in whole or in part, but only in multiples of 10,000 Shares, to any person or business entity, by presentation of the Warrant to the Company with written instructions for such transfer; provided that the transferee is an accredited investor as defined in Regulation D of the Securities Act of 1933, and such transfer is in compliance with all applicable federal and state securities laws, provided that no transfer may be made to a competitor of the Company without the Company's prior written consent. Upon such presentation for transfer, the Company shall promptly execute and deliver a new Warrant or Warrants in the form hereof in the name of the transferee or transferees and in the denominations specified in such instructions. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft or destruction of this Warrant, and of indemnity or security reasonably satisfactory to it, or upon surrender of this Warrant if mutilated, the Company will make and deliver a new Warrant of like tenor, bearing the restrictive legend set forth above, in lieu of this Warrant. This Warrant shall be promptly canceled by the Company upon the surrender hereof in connection with any transfer or replacement. The Company shall pay all expenses incurred by it in connection with the preparation, issuance and delivery of Warrants under this Section.
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Transfer and Replacement of Warrant. Subject to the provisions of Section 4, this Warrant may be transferred, in whole or in part, but only in multiples of 10,000 Shares, to any person or business entity, by presentation of the Warrant to the Company with written instructions for such transfer; provided that the transferee is an accredited investor as defined in Regulation D of the Securities Act of 1933, and in compliance with all applicable federal and state securities laws. Upon such presentation for transfer, the Company shall promptly execute and deliver a new Warrant or Warrants in the form hereof in the name of the transferee or transferees and in the denominations specified in such instructions. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft or destruction of this Warrant, and of indemnity or security reasonably satisfactory to it, or upon surrender of this Warrant if mutilated, the Company will make and deliver a new Warrant of like tenor, bearing the restrictive legend set forth above, in lieu of this Warrant. This Warrant shall be promptly canceled by the Company upon the surrender hereof in connection with any transfer or replacement. The Company shall pay all expenses incurred by it in connection with the preparation, issuance and delivery of Warrants under this Section.
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Transfer and Replacement of Warrant 
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Related to Transfer and Replacement of Warrant

  • Transfer and Replacement This Warrant and all rights hereunder are transferable in whole or in part upon the books of the Company by the Holder hereof in person or by duly authorized attorney, and a new Warrant or Warrants, of the same tenor as this Warrant but registered in the name of the transferee or transferees (and in the name of the Holder, if a partial transfer is effected) shall be made and delivered by the Company upon surrender of this Warrant duly endorsed, at the office of the Company in accordance with Section 5.1 hereof. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft or destruction, and, in such case, of indemnity or security reasonably satisfactory to it, and upon surrender of this Warrant if mutilated, the Company will make and deliver a new Warrant of like tenor, in lieu of this Warrant; provided that if the Holder hereof is an instrumentality of a state or local government or an institutional holder or a nominee for such an instrumentality or institutional holder an irrevocable agreement of indemnity by such Holder shall be sufficient for all purposes of this Warrant, and no evidence of loss or theft or destruction shall be necessary. This Warrant shall be promptly cancelled by the Company upon the surrender hereof in connection with any transfer or replacement. Except as otherwise provided above, in the case of the loss, theft or destruction of a Warrant, the Company shall pay all expenses, taxes and other charges payable in connection with any transfer or replacement of this Warrant, other than income taxes and stock transfer taxes (if any) payable in connection with a transfer of this Warrant, which shall be payable by the Holder. Holder will not transfer this Warrant and the rights hereunder except in compliance with federal and state securities laws and except after providing evidence of such compliance reasonably satisfactory to the Company.

  • Replacement of Warrant On receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Warrant and, in the case of any such loss, theft or destruction of this Warrant, on delivery of an indemnity agreement or security reasonably satisfactory in form and amount to the Company or, in the case of any such mutilation, on surrender and cancellation of this Warrant, the Company at its expense will execute and deliver, in lieu thereof, a new Warrant of like tenor.

  • Exchange and Replacement of Warrant Certificates Each Warrant Certificate is exchangeable without expense, upon the surrender thereof by the registered Holder at the principal executive office of the Company, for a new Warrant Certificate of like tenor and date representing in the aggregate the right to purchase the same number of Warrant Securities in such denominations as shall be designated by the Holder thereof at the time of such surrender. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of any Warrant Certificate, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it, and reimbursement to the Company of all reasonable expenses incidental thereto, and upon surrender and cancellation of the Warrants, if mutilated, the Company will make and deliver a new Warrant Certificate of like tenor, in lieu thereof.

  • Transfer Exchange and Replacement of Warrant Issuance of Warrant ------------------------------------------------------------------- Shares. ------

  • Replacement of Warrants Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Warrant and (in the case of loss, theft or destruction) upon delivery of an indemnity agreement (with surety if reasonably required) in an amount reasonably satisfactory to the Company, or (in the case of mutilation) upon surrender and cancellation of this Warrant, the Company will issue, in lieu thereof, a new Warrant of like tenor.