Common use of Transferability of the Warrant Clause in Contracts

Transferability of the Warrant. Subject to compliance with applicable federal and states securities laws, this Warrant and the shares of Warrant Stock issuable upon exercise of this Warrant may be transferred by the Holder hereof to accredited investors only (as defined under Rule 501 of Regulation D of the Securities Act”), in whole or in part and from time to time.

Appears in 2 contracts

Sources: Warrant Agreement (Pacific Asia Petroleum Inc), Warrant Agreement (AE Biofuels, Inc.)