Common use of Transfer of Warrant Certificate Clause in Contracts

Transfer of Warrant Certificate. Subject to the provisions of Section 4 hereof, this Warrant Certificate may be transferred, in whole or in part, by presentation of the Warrant Certificate to the Issuer with written instructions for such transfer. Upon such presentation for transfer, the Issuer shall promptly execute and deliver a new Warrant Certificate or Warrant Certificates in the form hereof in the name of the assignee or assignees and in the denominations specified in such instructions.

Appears in 2 contracts

Sources: Note and Warrant Purchase Agreement (Murdock Communications Corp), Stock Purchase Warrant (Murdock Communications Corp)