Common use of Trustee for Warrant Holders Clause in Contracts

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder of the Warrants, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to Section 2.1.

Appears in 3 contracts

Sources: Warrant Agreement (Volcan Holdings, Inc.), Common Stock Purchase Warrant (Volcan Holdings, Inc.), Common Stock Purchase Warrant (Volcan Holdings, Inc.)

Trustee for Warrant Holders. In the event that a qualified bank or trust --------------------------- company shall have been appointed as trustee for the Holder holders of the WarrantsWarrants pursuant to subsection 4.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to section 12 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to Section 2.1this section 1.

Appears in 3 contracts

Sources: Common Stock Purchase Warrant (Peritus Software Services Inc), Secured Subordinated Note and Warrant Purchase Agreement (Providence & Worcester Railroad Co/Ri/), Warrant Agreement (Candela Corp /De/)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder of the Warrantsthis Warrant, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter describeddescribed in Section 6 herein) and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 3 contracts

Sources: Warrant Agreement (Inception Mining Inc.), Warrant Agreement (Inception Mining Inc.), Warrant Agreement (Inception Mining Inc.)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder holders of the WarrantsWarrants pursuant to Subsection 3.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to Section 11 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 2 contracts

Sources: Warrant Agreement (Integrated Spatial Information Solutions Inc /Co/), Warrant Agreement (Icoa Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder of the WarrantsWarrants pursuant to Subsection 2.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.1.1. 1.7

Appears in 2 contracts

Sources: Warrant Agreement (OBITX, Inc.), Warrant Agreement (mCig, Inc.)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder of the Warrantspursuant to Subsection 6.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to Section 2.1.

Appears in 2 contracts

Sources: Warrant Agreement (Helix Wind, Corp.), Warrant Agreement (Amdl Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder Holders of the WarrantsWarrants pursuant to Subsection 2.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 2 contracts

Sources: Warrant Agreement (Hypertension Diagnostics Inc /Mn), Subscription Agreement (Hypertension Diagnostics Inc /Mn)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder of the Warrantsthis Warrant, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 2 contracts

Sources: Exchange Agreement (Stonepath Group Inc), Warrant Agreement (Stonepath Group Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder holders of the WarrantsWarrants pursuant to subsection 4.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to Section 13 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 2 contracts

Sources: Credit Agreement (Wpi Group Inc), Warrant Agreement (Amerigroup Corp)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder of the WarrantsWarrants pursuant to Section 2.3 or 2.4, such bank or trust company shall have all the powers and duties of a warrant agent Warrant Agent (as hereinafter describeddefined) and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 2 contracts

Sources: Warrant Agreement (Hemiwedge Industries, Inc), Common Stock Purchase Warrant (Shumate Industries Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder of the WarrantsWarrants pursuant to Sub-section 2.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 2 contracts

Sources: Common Stock Purchase Warrant (American Dairy Inc), Warrant Agreement (American Dairy Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder of the WarrantsCorporation, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) and shall accept, in its own name for the account of the Company Corporation or such successor person as may be entitled thereto, all amounts otherwise payable to the Company Corporation or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.12.

Appears in 2 contracts

Sources: Common Stock Purchase Warrant (Dover Saddlery Inc), Common Stock Purchase Warrant (Dover Saddlery Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder holders of the WarrantsWarrants pursuant to subsection 4.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to Section 11 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 1 contract

Sources: Warrant Agreement (Chemed Corp)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder of the WarrantsWarrant pursuant to Section 4.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.12.

Appears in 1 contract

Sources: Warrant Agreement (Axesstel Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder of the Warrantspursuant to Subsection 4.2, such bank or trust company shall have all the powers power and duties of a warrant agent (as hereinafter described) and shall duty to accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.12.

Appears in 1 contract

Sources: Warrant Agreement (Greenwood Hall, Inc.)

Trustee for Warrant Holders. In the event that If a qualified bank or trust company shall have been appointed as trustee for the Holder holders of the WarrantsWarrant, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to Section 2.1Warrant.

Appears in 1 contract

Sources: Warrant Agreement (Trinity Learning Corp)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee Trustee for the Holder of the WarrantsWarrants pursuant to Section 2.3, such bank or trust company Trustee shall have all the powers and duties of a warrant agent (as hereinafter described) and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.6.

Appears in 1 contract

Sources: Warrant Agreement (Aether Holdings Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder Holders of the WarrantsWarrants pursuant to Section 8, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to Section 11 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to Section 2.11.

Appears in 1 contract

Sources: Warrant Agreement (Sparta Pharmaceuticals Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder Holders of the WarrantsWarrants pursuant to Subsection 4.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to Section 11 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 1 contract

Sources: Warrant Agreement (Graphon Corp/De)

Trustee for Warrant Holders. In the event that a qualified bank or ---- --------------------------- trust company shall have been appointed as trustee for the Holder of the Warrantspursuant to Subsection 4.2, such bank or trust company shall have all the powers and duties of a warrant Warrant agent (as hereinafter described) appointed pursuant to Section 11 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 1 contract

Sources: Warrant Agreement (Bradlees Stores Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust --------------------------- company shall have been appointed as trustee for the Holder holders of the Warrantsthis Warrant pursuant to Section 4.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to Section 12 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.4.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Asymetrix Learning Systems Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have has been appointed as trustee for the Holder of the Warrantsthis Warrant, such bank or trust company shall will have all the powers and duties of a warrant agent (as hereinafter described) Warrant Agent appointed pursuant to Section 10 and shall will accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 1 contract

Sources: Subscription Agreement (Acrodyne Communications Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder holders of the WarrantsWarrants pursuant to subsection 4.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to Section 13 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, ,all amounts otherwise payable to the Company or such successor, ,as the case may be, ,on exercise of this Warrant pursuant to this Section 2.11.

Appears in 1 contract

Sources: Warrant Agreement (Allard Gerald R)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder holder of the Warrantsthis Warrant, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant hereto and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Vialink Co)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder holder of the Warrantsthis Warrant pursuant to subsection 4.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to section 11 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to Section 2.1this section 1.

Appears in 1 contract

Sources: Acquisition Agreement (Medical Sterilization Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder Holders of the WarrantsWarrants pursuant to Section 9, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to Section 12 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 1 contract

Sources: License Agreement (Sparta Pharmaceuticals Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder holders of the WarrantsWarrants pursuant to subsection 5.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to Section 13 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 1 contract

Sources: Warrant Agreement (Oncure Medical Corp)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder of the Warrants, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.1.1. 1.6

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Neptune Industries, Inc.)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder holder of the Warrantsthis Warrant pursuant to subsection 4.2, such each bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to section 11 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to Section 2.1this section 1.

Appears in 1 contract

Sources: Acquisition Agreement (Medical Sterilization Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company Company shall have been appointed as trustee for the Holder of the Warrantspursuant to Section 4.2, such bank or trust company Company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to Section 11 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Oneworld Systems Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have has been appointed as trustee for the Holder holder of the Warrantsthis Warrant pursuant to Section 3, such bank or trust company shall will have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to Section 10 and shall will accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 1 contract

Sources: Subscription Agreement (Acrodyne Communications Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder holders of the WarrantsWarrants pursuant to Section 4.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to Section 12 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Lecroy Corp)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder holders of the WarrantsWarrant pursuant to Subsection 2.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to this Section 2.11.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Bam Entertainment Inc)

Trustee for Warrant Holders. In the event that a qualified bank or trust company shall have been appointed as trustee for the Holder holders of the WarrantsWarrants pursuant to subsection 4.2, such bank or trust company shall have all the powers and duties of a warrant agent (as hereinafter described) appointed pursuant to section 13 and shall accept, in its own name for the account of the Company or such successor person as may be entitled thereto, all amounts otherwise payable to the Company or such successor, as the case may be, on exercise of this Warrant pursuant to Section 2.1this section 1.

Appears in 1 contract

Sources: Series a Convertible Preferred Stock and Warrant Purchase Agreement (Medical Sterilization Inc)