Common use of Exercise of Warrants Clause in Contracts

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 901 contracts

Samples: Warrant Agreement (Life360, Inc.), Warrant Agreement (Life360, Inc.), Warrant Agreement (Janux Therapeutics, Inc.)

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Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Debt Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Debt Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Debt Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Debt Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Debt Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Debt Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Debt Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 455 contracts

Samples: Warrant Agreement (Yelp Inc), Warrant Agreement (Life360, Inc.), Warrant Agreement (Janux Therapeutics, Inc.)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.Warrant

Appears in 19 contracts

Samples: Common Stock Warrant Agreement (Aptevo Therapeutics Inc.), Preferred Stock Warrant Agreement (XOMA Corp), Common Stock Warrant Agreement (XOMA Corp)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.by

Appears in 15 contracts

Samples: Common Stock Warrant Agreement (Telik Inc), Preferred Stock Warrant Agreement (Volcano Corp), Common Stock Warrant Agreement (Volcano Corp)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants A Warrant may be exercised upon surrender to purchase a whole number of the Company ("Warrant Securities in registered form by providing certain information as set forth on the reverse side Agent") at its office at Los Angeles, California of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] evidencing the Warrant Price for each Warrant Security to be exercised, together with respect the Purchase Form attached hereto as Exhibit A, duly filled in and signed, and upon payment to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate Aggregate Exercise Price (as defined in and determined in accordance with the form provisions of election Sections 8 and 11 hereof) for the number of shares with respect to purchase which such Warrant Securities set forth on is then exercised. Payment of the reverse side Aggregate Exercise Price shall be made in cash or by check. Subject to Section 4 hereof, upon the surrender of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by Aggregate Exercise Price, the Warrant Agent shallshall promptly issue and cause to be delivered to or as directed by the Holder, subject to receipt and in such name or names as the Holder may designate, a Certificate for the number of full shares purchased upon the exercise of the Warrant Warrant, together with cash as provided in Section 8 hereof; for any fractional shares otherwise issuable upon such exercise. Such Certificate as aforesaid, shall be deemed to have been issued, and any person so designated to be named therein shall be deemed to have become a holder of record of such shares, as of the date on which of the surrender of such Warrant is exercisedand payment of the Aggregate Exercise Price; provided, however, that if, at the date of receipt surrender of such Warrant Certificates and payment in full of the Warrant such Aggregate Exercise Price, the transfer books for the Warrant Securities shares or other class of stock purchasable upon the exercise of such Warrants Warrant shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in shares with respect of to which such Warrants are Warrant is then exercised shall be issuable as of the date on which such next succeeding day on which the transfer books shall next be opened, opened and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securitiesshares; provided further, however, that the transfer books of record, unless otherwise required by law, shall not be closed at any one time for a period longer than twenty (20) days. The Warrant Agent rights of purchase represented by the Warrants shall deposit all funds received by it in payment be exercisable, at the election of the Holders thereof, either in full or from time to time in part, and in the event that a Warrant Price in an account Certificate is exercised to purchase less than all of the Company maintained with it shares purchasable on such exercise at any time prior to the date of expiration of the Warrants, a new Certificate evidencing the remaining shares available for purchase will be issued, and shall advise the Company by telephone at is hereby irrevocably authorized to sign and to deliver the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The new Warrant Agent shall promptly confirm such telephone advice to the Company in writingCertificate.

Appears in 10 contracts

Samples: Common Stock Warrant Agreement (Vitafort International Corp), Common Stock Warrant Agreement (Vitafort International Corp), Common Stock Warrant Agreement (Vitafort International Corp)

Exercise of Warrants. (a) During Subject to the period specified in Section 2.2provisions of this Agreement, each registered holder of Warrants shall have the Warrants right, which may be exercised as in such Warrants expressed, to purchase a whole from the Company (and the Company shall issue and sell to such registered holder of warrants) the number of Warrant Securities fully paid and nonassessable shares of Common Stock specified in registered form by providing certain information as set forth on such Warrants, upon surrender of such Warrants to the reverse side Company at the office of the Warrant Certificate and by paying in fullAgent, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side thereof duly filled in and signed, and upon payment to the Warrant Agent for the account of the Warrant Certificate properly completed and duly executed. The date on which payment in full Company of the Warrant Price is received for the number of shares of common stock in respect of which such Warrants are then exercised. Payment of such Warrant Price may be made in cash, or by certified or official bank check, payable in United States dollars, to the Warrant Agent shall, subject to receipt order of the Warrant Certificate Agent. No adjustment shall be made for any dividends on any shares of Common Stock issuable upon exercise of a Warrant. Upon such surrender of Warrants, and payment of the Warrant Price as aforesaid, the Company shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the registered holder of such Warrants and in such name or names as such registered holder may designate, a certificate or certificates for the number of full shares of Common Stock so purchased upon the exercise of such Warrants. Such certificate or certificates shall be deemed to have been issued and any person so designated to be named therein shall be deemed to have become a holder of record of such shares as of the date on which of the surrender of such Warrants and payment of the Warrant is exercisedPrice as aforesaid; provided, however, that if, at the date of receipt surrender of such Warrant Certificates Warrants and payment in full of the Warrant Price, the transfer books for the Warrant Securities Common Stock or other class of stock purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities shares in respect of which such Warrants are then exercised shall be issuable as of the date on which such next succeeding day on which the transfer books shall next be opened, opened and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securitiesshares; provided further, however, that the transfer books aforesaid, unless otherwise required by law, shall not be closed at any one time for a period longer than 20 days. The rights of purchase represented by the Warrants shall be exercisable, at the election of the registered holders thereof, either as an entirety or from time to time for part only of the shares specified therein, and in the event that any Warrant is exercised in respect of less than all of the shares specified therein, a new Warrant or Warrants will be issued for the remaining number of shares specified in the Warrant so surrendered, and the Warrant Agent shall deposit all funds received is hereby irrevocably authorized to countersign and to deliver the required new Warrants pursuant to the provisions of this Section and of Section 3 of this Agreement and the Company, whenever required by it in payment of the Warrant Price in an account Agent, will supply the Warrant Agent with Warrants duly executed on behalf of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingpurpose.

Appears in 8 contracts

Samples: Warrant Agreement (Starlight Entertainment Inc), Warrant Agreement (Rampart Capital Corp), Warrant Agreement (Woodhaven Homes Inc)

Exercise of Warrants. (a) During The Warrants shall be exercisable during the period specified in Section 2.2, Exercise Period. A Warrant shall be deemed to have been exercised immediately prior to the Warrants may be exercised to purchase a whole number close of Warrant Securities in registered form by providing certain information as set forth business on the reverse side date of the surrender for exercise (the "Exercise Date") of the Warrant Certificate Certificate. The exercise form shall be executed by the Registered Holder thereof or his attorney duly authorized in writing and shall be delivered together with payment to the Warrant Agent, in cash or by paying in fullofficial bank or certified check, of an amount in lawful money of the United States of America, [. Such payment shall be in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised an amount equal to the Exercise Price per Warrant Agent at its corporate trust office, provided that as hereinabove defined. The person entitled to receive the number of Warrant Shares deliverable on such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named treated for all purposes as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person Shares as of the holder of record of such Warrant Securities for all purposes at the opening close of business on the next succeeding day Exercise Date. The Company shall not be obligated to issue any fractional share interests in Warrant Shares issuable on exercise of a Warrant. If more than one Warrant shall be exercised at one time by the same Registered Holder, the number of full shares which shall be issuable on exercise thereof shall be computed on the transfer books for basis of the aggregate number of full shares issuable on such exercise. As soon as practicable on or after the Exercise Date and in any event within 30 days after such date, the Warrant Securities purchasable upon Agent shall cause to be issued and delivered to the exercise of such Warrants shall be openedperson or persons entitled to receive the same, and the a certificate or certificates for the number of Warrant Securities Shares deliverable on such exercise. No adjustment shall be made in respect of which such Warrants are then exercised shall be issuable as of the date cash dividends on such next succeeding day Warrant Shares deliverable on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its accountany Warrant. The Warrant Agent shall promptly confirm notify the Company in writing of any exercise of any Warrant and of the number of Warrant Shares delivered and shall cause payment of an amount in cash equal to the Exercise Price to be made promptly to the order of the Company. The parties contemplate such telephone advice payments will be made by the Warrant Agent to the Company as collected funds are received by the Warrant Agent. The Warrant Agent shall hold any proceeds collected and not yet paid to the Company in writinga Federally-insured escrow account at a commercial bank selected by the Warrant Agent, at all times relevant hereto. Following a determination by the Warrant Agent that collected funds have been received, the Warrant Agent shall cause share certificates to be issued representing the number of Warrants exercised by the holder. Expenses incurred by the Warrant Agent hereunder, including administrative costs, costs of maintaining records and other expenses, shall be paid by the Company according to the standard fees imposed by the Warrant Agent for such services. A detailed accounting statement setting forth the number of Warrants exercised, the net amount of exercised funds and all expenses incurred by the Warrant Agent shall be transmitted to the Company on payment of each exercise amount. Such accounting statement shall serve as an interim accounting for the Company during the Exercise Period. The Warrant Agent shall render to the Company a complete accounting setting forth the number of Warrants exercised, the identity of persons exercising such Warrants, the number of shares issued, the amounts to be distributed to the Company and all other expenses incurred by the Warrant Agent, at the completion of the Exercise Period.

Appears in 8 contracts

Samples: Warrant Agreement (Usurf America Inc), Warrant Agreement (Usurf America Inc), Warrant Agreement (Usurf America Inc)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 6 contracts

Samples: Warrant Agreement (Sun Healthcare Group Inc), Preferred Stock Warrant Agreement (Koppers Holdings Inc.), Common Stock Warrant Agreement (Koppers Holdings Inc.)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants This Warrant may be exercised to purchase a in whole number of Warrant Securities or in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment part by the Warrant Agent of Holder during the Warrant Certificate applicable Exercise Period upon presentation and surrender hereof, with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and Purchase Form attached hereto as Exhibit A duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full office of the Company located at 00000 Xxxxxxxxxx Xxxxxxxxx, Xxxxxxxxxx, Xxxxxxx 00000, accompanied by full payment of the Exercise Price multiplied by the number of Shares of the Company being purchased (the "Purchase Price"), whereupon the Company shall cause the appropriate number of Shares to be issued and shall deliver to the Holder, within 10 days of surrender of the Warrant, a certificate representing the Shares being purchased. Upon each partial exercise hereof, a new Warrant evidencing the remainder of the Shares will be issued to the Holder, at the Company's expense, as soon as reasonably practicable, at the same Exercise Price, the transfer books for the same Exercise Period(s), and otherwise on the same terms and conditions as the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant partially exercised. The Purchase Price shall be effective payable by delivery of a certified or bank cashier's check payable to constitute the person so Company, or by wire transfer of immediately available funds to an account designated in writing by the Company, in the amount of the Purchase Price, or, if the Company's Common Stock is listed on a securities exchange or market, in the manner set forth in the following paragraph if requested by the Holder in the Purchase Form. The Holder shall be deemed for all purposes to be named as have become the holder of record of such Shares so purchased upon exercise of this Warrant Securities as of the close of business on the date as of which this Warrant, together with a duly executed Purchase Form, was delivered to the Company and payment of the Purchase Price was made, regardless of the date of delivery of any certificate representing the Shares so purchased, except that if the Company were subject to any legal requirements prohibiting it from issuing shares of Common Stock on such date, but the Holder shall be effective deemed to constitute such person as have become the record holder of record of such Warrant Securities for all purposes at the opening of business Shares on the next succeeding day on date as of which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall Company ceased to be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingprohibited.

Appears in 6 contracts

Samples: Medical Technology Systems Inc /De/, Medical Technology Systems Inc /De/, Medical Technology Systems Inc /De/

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaidin accordance with this Section 2.3(a), be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 6 contracts

Samples: Warrant Agreement (Milestone Pharmaceuticals Inc.), Preferred Share Warrant Agreement (Milestone Pharmaceuticals Inc.), Warrant Agreement (Repare Therapeutics Inc.)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase subscribe for a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase subscribe for Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 6 contracts

Samples: Shares Warrant Agreement (BICYCLE THERAPEUTICS PLC), Preference Shares Warrant Agreement (BICYCLE THERAPEUTICS PLC), Shares Warrant Agreement (BICYCLE THERAPEUTICS PLC)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.Warrant

Appears in 6 contracts

Samples: Common Stock Warrant Agreement (ARCA Biopharma, Inc.), Preferred Stock Warrant Agreement (ARCA Biopharma, Inc.), Common Stock Warrant Agreement (Fibrogen Inc)

Exercise of Warrants. (a) During A Holder may exercise a Warrant by delivering, not later than 5:00 P.M., New York time, on any Business Day during the period specified Exercise Period (the “Exercise Date”) to the Warrant Agent at its stock transfer division (i) the Warrant Certificate evidencing the Warrants to be exercised, and, in Section 2.2the case of a Book-Entry Warrant Certificate, the Warrants may to be exercised (the “Book-Entry Warrants”) free on the records of the Depository to an account of the Warrant Agent at the Depository designated for such purpose in writing by the Warrant Agent to the Depository from time to time, (ii) an election to purchase a whole number of Warrant Securities in registered form the Shares underlying the Warrants to be exercised (“Election to Purchase”), properly completed and executed by providing certain information as set forth the Holder on the reverse side of the Warrant Certificate or, in the case of a Book-Entry Warrant Certificate, properly executed by the Participant and by paying substantially in fullthe form included on the reverse of each Warrant Certificate, and (iii) the Exercise Price for each Warrant to be exercised in lawful money of the United States of America, [in cash or America by certified check or official bank check in New York Clearing House funds] [or by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days . If any of such payment by the Warrant Agent of (A) the Warrant Certificate with or the form of election Book-Entry Warrants, (B) the Election to purchase Warrant Securities set forth on Purchase, or (C) the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Exercise Price therefor, is received by the Warrant Agent shallafter 5:00 P.M., subject to receipt of New York time, on the Warrant Certificate as aforesaidspecified Exercise Date, the Warrants will be deemed to be received and exercised on the Business Day next succeeding the Exercise Date. If the date on which specified as the Warrant Exercise Date is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Pricenot a Business Day, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall will be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated deemed to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business received and exercised on the next succeeding day on which that is a Business Day. If the transfer books for Warrants are received or deemed to be received after the Expiration Date, the exercise thereof will be null and void and any funds delivered to the Warrant Securities purchasable upon Agent will be returned to the exercise of such Warrants shall be openedHolder or Participant, and as the certificates for case may be, as soon as practicable. In no event will interest accrue on funds deposited with the Warrant Securities Agent in respect of which an exercise or attempted exercise of Warrants. The validity of any exercise of Warrants will be determined by the Company in its sole discretion and such Warrants are then exercised determination will be final and binding upon the Holder and the Warrant Agent. Neither the Company nor the Warrant Agent shall be issuable as have any obligation to inform a Holder of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver invalidity of any certificate for such Warrant Securitiesexercise of Warrants. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Exercise Price in an the account of the Company maintained with it the Warrant Agent for such purpose and shall advise the Company by telephone at the end of each day on which a payment funds for the exercise of the Warrants is are received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone telephonic advice to the Company in writing.

Appears in 5 contracts

Samples: Common Stock Warrant Agreement (Marathon Acquisition Corp.), Common Stock Warrant Agreement (TAC Acquisition Corp.), Common Stock Warrant Agreement (Marathon Acquisition Corp.)

Exercise of Warrants. A Registered Holder may exercise a Warrant by delivering, not later than 5:00 P.M., New York time, on any Business Day during the Exercise Period (athe “Exercise Date”) During to the period specified Warrant Agent at its corporate trust department (i) the Warrant Certificate evidencing the Warrants to be exercised, or, in Section 2.2the case of a Book-Entry Warrant Certificate, the Warrants may to be exercised (the “Book-Entry Warrants”) free on the records of the Depository to an account of the Warrant Agent at the Depository designated for such purpose in writing by the Warrant Agent to the Depository from time to time, (ii) an election to purchase a whole number of Warrant Securities in registered form the Shares underlying the Warrants to be exercised (“Election to Purchase”), properly completed and executed by providing certain information as set forth the Registered Holder on the reverse side of the Warrant Certificate or, in the case of a Book-Entry Warrant Certificate, properly delivered by the Participant in accordance with the Depository’s procedures, and by paying in full, (iii) the Warrant Price for each Warrant to be exercised in lawful money of the United States of America, [in cash or America by certified check or official bank check in New York Clearing House funds] [or by bank wire transfer in immediately available funds] ; provided, however, that with respect to the Private Warrants, in the event of redemption of the Warrants pursuant to Section 6 hereof, any holder of Private Warrants may, in lieu of payment of the Warrant Price, surrender its Private Warrants for that number of shares of Common Stock equal to the quotient obtained by dividing (x) the product of the number of shares of Common Stock underlying the surrendered Private Warrants, multiplied by the difference between the Fair Market Value (defined below) and the Warrant Price by (y) the Fair Market Value. That is, for each Warrant Security with respect the avoidance of doubt, in no cases may a Registered Holder expect or compel the Company to which deliver any consideration under a Warrant is being exercised other than Common Stock as described immediately above. The “Fair Market Value” shall mean the average reported last sale price of the Common Stock for the 10 trading days ending on the third trading day prior to the date on which the notice of redemption is sent to holders of Warrant Agent at its corporate trust office, provided that such exercise is subject pursuant to receipt within five business days Section 6 hereof. If any of such payment by the Warrant Agent of (A) the Warrant Certificate with or the form of election Book-Entry Warrants, (B) the Election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of Purchase, or (C) the Warrant Price therefor, is received by the Warrant Agent shallafter 5:00 P.M., subject to receipt of New York time, on the Warrant Certificate as aforesaidspecified Exercise Date, the Warrants will be deemed to be received and exercised on the Business Day next succeeding the Exercise Date. If the date on which specified as the Warrant Exercise Date is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Pricenot a Business Day, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall will be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated deemed to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business received and exercised on the next succeeding day on which that is a Business Day. If the transfer books for Warrants are received or deemed to be received after the Expiration Date, the exercise thereof will be null and void and any funds delivered to the Warrant Securities purchasable upon Agent will be returned to the exercise of such Warrants shall be openedHolder or Participant, and as the certificates for case may be, as soon as practicable. In no event will interest accrue on funds deposited with the Warrant Securities Agent in respect of which an exercise or attempted exercise of Warrants. The validity of any exercise of Warrants will be determined by the Company in its sole discretion and such Warrants are then exercised determination will be final and binding upon the Holder and the Warrant Agent. Neither the Company nor the Warrant Agent shall be issuable as have any obligation to inform a Holder of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver invalidity of any certificate for such Warrant Securitiesexercise of Warrants. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an the account of the Company maintained with it the Warrant Agent for such purpose and shall advise the Company by telephone at the end of each day on which a payment funds for the exercise of the Warrants is are received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone telephonic advice to the Company in writing.

Appears in 5 contracts

Samples: Warrant Agreement (Catalytic Capital Investment Corp), Warrant Agreement (Catalytic Capital Investment Corp), Warrant Agreement (Catalytic Capital Investment Corp)

Exercise of Warrants. (a) During [With respect to Warrants evidenced by Warrant Certificates in registered form, during] [During] the period specified in Section 2.22.02, the any whole number of Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate Certificates evidencing such Warrants and by paying in full, full [in lawful money of the United States of America, ] [in cash or applicable currency] [in cash] [by certified check or official bank check or by bank wire transfer, in New York Clearing House fundseach case,] [by bank wire transfer transfer] [in immediately available funds,] the Warrant Price for each Warrant Security with exercised [(plus accrued interest, if any, on the Warrant Securities to be issued upon exercise of such Warrant from and including the Interest Payment Date (as defined in the Indenture), if any, in respect of such Warrant Securities immediately preceding the Exercise Date to and including the Exercise Date (unless the Exercise Date is after the Regular Record Date (as defined in the Indenture), if any, for such Interest Payment Date, but on or before the immediately succeeding Interest Payment Date for such Warrant Securities, in which a Warrant is being exercised event no such accrued interest shall be payable))] to the Warrant Agent at its corporate trust officeoffice at [address] [or at ], provided that such exercise is subject to receipt within five business days of such payment [payment] [wire transfer] by the Warrant Agent of the Warrant Certificate evidencing each Warrant exercised with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. [Cashless Exercise Option]. The date on which payment in full of the Warrant Price (plus any such accrued interest) is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment for the exercise of the Warrant Price Warrants in an account of the Company maintained with it (or in such other account as may be designated by the Company) and shall advise the Company Company, by telephone or by facsimile transmission or other form of electronic communication available to both parties, at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing. If a day on which Warrants may be exercised in the city in which such Warrants are to be exercised shall be a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed, then, notwithstanding any other provision of this Agreement or the Warrant Certificate evidencing such Warrants, but subject to the limitation that no Warrant may be exercised after the Expiration Date, the Warrants shall be exercisable on the next succeeding day which in such city is not a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed. The Warrant Agent shall, from time to time, as promptly as practicable, advise the Company [and the Trustee] in writing of (i) the number of Warrants exercised, (ii) the instructions of each Holder of the Warrant Certificates evidencing such Warrants with respect to delivery of the Warrant Securities to be issued upon such exercise, (iii) delivery of any Warrant Certificates evidencing the balance, if any, of the Warrants remaining after such exercise, and (iv) such other information as the Company or the Trustee shall reasonably require. As soon as practicable after the exercise of any Warrant, but subject to receipt by the Warrant Agent of the Warrant Certificate evidencing such Warrant as provided in this Section, the Company shall issue[, pursuant to the Indenture, in authorized denominations to or upon the order of the Holder of the Warrant Certificate evidencing each Warrant,] the Warrant Securities to which such Holder is entitled, in fully registered form, registered in such name or names as may be directed by such Holder. If fewer than all of the Warrants evidenced by such Warrant Certificate are exercised, the Company shall execute, and an authorized officer of the Warrant Agent shall manually countersign and deliver, a new Warrant Certificate evidencing the number of such Warrants remaining unexercised. The Company shall not be required to pay any stamp or other tax or other governmental charge required to be paid in connection with any transfer involved in the issuance of the Warrant Securities, and in the event that any such transfer is involved, the Company shall not be required to issue or deliver any Warrant Security until such tax or other charge shall have been paid or it has been established to the Company's satisfaction that no such tax or other charge is due.

Appears in 5 contracts

Samples: Warrant Agreement (International Paper Co /New/), Warrant Agreement (Ohio Casualty Corp), Warrant Agreement (Comcast Cable Communications Inc)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants A Warrant may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side upon surrender of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash certificate or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] certificates evidencing the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust officebe exercised, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate together with the form of election to purchase Warrant Securities set forth on the reverse side thereof (the “Purchase Form”) duly completed and signed, which signature shall be guaranteed by a financial institution that is a participant in a recognized signature guarantee program if the Warrant Shares are to be issued in the name of a person or entity other than the Holder, to the principal office of the Warrant Certificate properly completed Agent, and duly executed. The date on which upon payment in full of the Warrant Price is received by (as defined and determined in accordance with the provisions of Section 3 and Section 6) to the Warrant Agent shall, subject to receipt for the account of the Warrant Certificate as aforesaidCompany, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the number of Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Shares in respect of which such Warrants are then exercised exercised. Payment of the aggregate Warrant Price shall be issuable as made by bank wire transfer to the account of the date Company or bank cashier's check or by personal check, provided, however, that in the case of payment by personal check no Warrant Shares shall be issued until funds are received. So long as the Common Stock is publicly traded, a Holder of a Warrant may not exercise the Warrant on such next succeeding any day on which the transfer books shall next be opened, and until closing price of the Common Stock for such date day is lower than the Company Warrant Price. The closing price of the Common Stock for each trading day shall be under the last reported sales price regular way or, in case no duty to deliver any certificate such reported sale takes place on such day, the average of the closing bid and asked prices regular way for such Warrant Securitiesday, in each case on the principal national securities exchange on which the shares of Common Stock are listed or admitted to trading or, if not so listed or admitted to trading, the last sale price of the Common Stock on the OTC Bulletin Board, or any comparable system. The Warrant Agent shall deposit all funds received by it in payment closing price of the Warrant Price in an account Common Stock for any day that is not a trading day shall be the closing price of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment Common Stock for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingmost recent trading day.

Appears in 5 contracts

Samples: Asset Contribution Agreement (Geron Corp), Asset Contribution Agreement (Biotime Inc), Warrant Agreement (Biotime Inc)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 5 contracts

Samples: Preferred Stock Warrant Agreement (AutoWeb, Inc.), Preferred Stock Warrant Agreement (AutoWeb, Inc.), Common Stock Warrant Agreement (Rigel Pharmaceuticals Inc)

Exercise of Warrants. (a) During The registered holder of each Warrant shall have the period specified in Section 2.2right, the Warrants which may be exercised as in such Warrant expressed, to purchase a whole from the Company (and the Company shall issue and sell to such registered holder) the number of Warrant Securities Shares specified in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in fullsuch Warrants, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised upon surrender to the Warrant Agent Company, at its corporate trust office, provided that such exercise is subject to receipt within five business days the office in _____________________________ of such payment by the Warrant Agent of the Warrant Certificate such Warrant, with the form of election to purchase Warrant Securities set forth on the reverse side thereof duly filled in and signed, and upon payment to the Warrant Agent for the account of the Company of the warrant exercise price, determined in accordance with the provisions of Section 9 of this Agreement, for the number of Shares in respect of which such Warrant is then exercised. Payment of such warrant exercise price may be made in cash, or by certified check or bank draft or postal or express money order, payable in United States dollars, to the order of the Warrant Certificate properly completed Agent. No adjustment shall be made for any dividends on any Shares issuable upon exercise of any Warrant. Subject to Section 6, upon such surrender of Warrants, and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate warrant exercise price as aforesaid, the Company shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the registered holder of such Warrants, and in such name or names as such registered holder may designate, a certificate or certificates for the number of full Shares so purchased upon the exercise of such Warrants, together with cash, as provided in Section 9 of this Agreement, in respect of any fraction of a Share otherwise issuable upon such surrender. Such certificate or certificates shall be deemed to have been issued and any person so designated to be named therein shall be deemed to have become a holder of record of such Shares as of the date on which of the Warrant is exercisedsurrender of such Warrants and payment of the warrant exercise price as aforesaid; provided, however, that if, at the date of receipt surrender of such Warrant Certificates Warrants and payment in full of the Warrant Pricesuch warrant exercise price, the transfer books for the Warrant Securities Shares purchasable upon the exercise of such Warrants shall be closed, no such receipt surrender of such Warrant Certificates Warrants and no such payment of such Warrant Price warrant exercise price shall be effective to constitute the person so designated to be named therein as the holder of record of such Warrant Securities Shares on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities Shares for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities Shares purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Shares in respect of which such Warrants are then exercised shall be issuable as of the date on which such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant SecuritiesShares. The rights of purchase represented by the Warrants shall be exercisable, at the election of the registered holders thereof, either as an entirety or from time to time for part only of the Shares specified therein and, in the event that any Warrant is exercised in respect of less than all of the Shares specified therein at any time prior to the date of expiration of the Warrants, a new Warrant or Warrants of like tenor will be issued for the remaining number of Shares specified in the Warrant so surrendered, and the Warrant Agent shall deposit all funds received is hereby irrevocably authorized to countersign and to deliver the required new Warrants pursuant to the provisions of this Section and of Section 3 of this Agreement, and the Company, whenever required by it in payment of the Warrant Price in an account Agent, will supply the Warrant Agent with Warrants duly executed on behalf of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingpurpose.

Appears in 5 contracts

Samples: Common Stock Warrant Agreement (G&k Services Inc), Common Stock Warrant Agreement (DMC Stratex Networks Inc), Common Stock Warrant Agreement (Digital Microwave Corp /De/)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set 2. forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 4 contracts

Samples: Preferred Stock Warrant Agreement (aTYR PHARMA INC), Preferred Stock Warrant Agreement (aTYR PHARMA INC), Preferred Stock Warrant Agreement (aTYR PHARMA INC)

Exercise of Warrants. Subject to the provisions of this Agreement, each registered holder of Warrants shall have the right, which may be exercised as in such Warrant Certificates expressed, to purchase from the Company (aand the Company shall issue and sell to such registered holders of Warrants) During all or part of the period number of fully paid and nonassessable shares of Warrant Common Stock specified in such Warrant Certificates (subject to the adjustments as herein provided), upon surrender to the Company at the office of the Warrant Agent specified in Section 2.221 hereof, of such Warrant Certificates with the Warrants may be exercised to purchase a whole number of Warrant Securities in registered exercise form by providing certain information as set forth on the reverse side thereof duly filled in and signed, and upon payment to the Warrant Agent to the account of the Warrant Certificate and by paying in full, in lawful money Company of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each the number of shares of Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Common Stock in respect of which such Warrants are then exercised exercised. The date of exercise of any Warrant shall be issuable as of deemed to be the date of its receipt by the Warrant Agent duly filled in and signed and accompanied by proper funds as hereinafter provided. Payment of such Warrant Price may be made in cash, or by certified or official bank check. No adjustment shall be made for any cash dividends on shares of Warrant Common Stock issuable upon exercise of a Warrant. Upon such next succeeding day on which the transfer books shall next be openedsurrender of Warrants, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account as aforesaid, the Company shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the Company maintained registered holder of such Warrants and in such name or names as such registered holder may designate, a certificate or certificates for the number of full shares of Warrant Common Stock so purchased upon the exercise of such Warrants together with it and shall advise the Company by telephone at the end cash as provided in Section 11 of each day on which this Agreement, in respect of any fraction of a payment share of such stock issuable upon such surrender. Each person in whose name any certificate for shares of Common Stock is issued upon the exercise of Warrants is received shall for all purposes be deemed to have become the holder of record of the amount so deposited to its account. The Common Stock represented thereby on, and such certificate shall be dated, the date upon which the Warrant Agent shall promptly confirm Certificate evidencing such telephone advice to Warrants was duly surrendered and payment of the Warrant Price (and any applicable transfer taxes) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Stock transfer books of the Company in writingare closed, such person shall be deemed to have become the record holder of such shares on, and such certificate shall be dated, the next succeeding business day on which the Common Stock transfer books of the Company are open.

Appears in 4 contracts

Samples: Warrant Agreement (Derma Sciences Inc), Warrant Agreement (Derma Sciences Inc), Warrant Agreement (Derma Sciences Inc)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants This Warrant may be exercised to purchase a in whole number of Warrant Securities or in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment part by the Warrant Agent of Holder during the Warrant Certificate applicable Exercise Period upon presentation and surrender hereof, with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and Purchase Form attached hereto as Exhibit B duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full office of the Company located at 00000 Xxxxxxxxxx Xxxxxxxxx, Xxxxxxxxxx, Xxxxxxx 00000, accompanied by full payment of the Exercise Price multiplied by the number of Shares of the Company being purchased (the "Purchase Price"), whereupon the Company shall cause the appropriate number of Shares to be issued and shall deliver to the Holder, within 10 days of surrender of the Warrant, a certificate representing the Shares being purchased. Upon each partial exercise hereof, a new Warrant evidencing the remainder of the Shares will be issued to the Holder, at the Company's expense, as soon as reasonably practicable, at the same Exercise Price, the transfer books for the same Exercise Periods, and otherwise on the same terms and conditions as the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant partially exercised. The Purchase Price shall be effective payable by delivery of a certified or bank cashier's check payable to constitute the person so Company, or by wire transfer of immediately available funds to an account designated in writing by the Company, in the amount of the Purchase Price, or, if the Company's Common Stock is listed on a securities exchange or market, in the manner set forth in the following paragraph if requested by the Holder in the Purchase Form. The Holder shall be deemed for all purposes to be named as have become the holder of record of such Shares so purchased upon exercise of this Warrant Securities as of the close of business on the date as of which this Warrant, together with a duly executed Purchase Form, was delivered to the Company and payment of the Purchase Price was made, regardless of the date of delivery of any certificate representing the Shares so purchased, except that if the Company were subject to any legal requirements prohibiting it from issuing shares of Common Stock on such date, but the Holder shall be effective deemed to constitute such person as have become the record holder of record of such Warrant Securities for all purposes at the opening of business Shares on the next succeeding day on date as of which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall Company ceased to be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingprohibited.

Appears in 4 contracts

Samples: Medical Technology Systems Inc /De/, Medical Technology Systems Inc /De/, Medical Technology Systems Inc /De/

Exercise of Warrants. (a) During All or any part of the period specified in Section 2.2, the Warrants Warrant may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth commencing on the reverse side first anniversary of the Effective Date and ending at 5 p.m. Pacific Time on the fifth anniversary of the Effective Date by surrendering this Warrant Certificate, together with appropriate instructions, duly executed by the Warrantholder or by its duly authorized attorney, at the office of the Company, One Xxxxxx Place, Suite 600, 0000 Xxxxx Xxxxxxxx, Xxxxxxxx Xxxx, Xxxxxxxx 00000, or at such other office or agency as the Company may designate. The date on which such instructions are received by the Company shall be the date of exercise. If the Holder has elected a Cashless Exercise, such instructions shall so state. Upon receipt of notice of exercise, the Company shall immediately instruct its transfer agent to prepare certificates for the Securities to be received by the Warrantholder upon completion of the Warrant Certificate exercise. When such certificates are prepared, the Company shall notify the Warrantholder and deliver such certificates to the Warrantholder or as per the Warrantholder's instructions immediately upon payment in full by paying in fullthe Warrantholder, in lawful money of the United States States, of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Exercise Price for each Warrant Security payable with respect to which the Securities being purchased, if any. If the Warrantholder shall represent and warrant that all applicable registration and prospectus delivery requirements for their sale have been complied with upon sale of the Securities received upon exercise of the Warrant, such certificates shall not bear a Warrant is being exercised legend with respect to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days Securities Act of such payment by 1933. If fewer than all the Securities purchasable under the Warrant Agent are purchased, the Company will, upon such partial exercise, execute and deliver to the Warrantholder a new Warrant Certificate (dated the date hereof), in form and tenor similar to this Warrant Certificate, evidencing that portion of the Warrant Certificate with the form of election not exercised. The Securities to purchase Warrant Securities set forth be obtained on the reverse side exercise of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, will be deemed to have been issued, and any person exercising the Warrants will be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective deemed to constitute the person so designated to be named as the have become a holder of record of such Warrant Securities on such datethose Securities, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which of the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingExercise Price.

Appears in 4 contracts

Samples: GMX Resources Inc, GMX Resources Inc, GMX Resources Inc

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which the Warrant Certificate and payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, shall be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone or electronic mail at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 4 contracts

Samples: Warrant Agreement (Sophiris Bio Inc.), Common Share Warrant Agreement (Sophiris Bio Inc.), Warrant Agreement (Sophiris Bio Inc.)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase subscribe for a whole number of Warrant Securities in registered certificated form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase subscribe for Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books registrar for the Warrant Securities purchasable to be issued upon the exercise of such Warrants shall be closedclosed and unable to update the register of members, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the registered holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the registered holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books registrar for the Warrant Securities purchasable to be issued upon the exercise of such Warrants shall be openedopen for business, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be openedregistrar is open for business, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 4 contracts

Samples: Warrant Agreement (Exscientia PLC), Warrant Agreement (Autolus Therapeutics PLC), Warrant Agreement (Renalytix PLC)

Exercise of Warrants. (a) During Subject to the period specified in Section 2.2, provisions of the Warrants and this Warrant Agent Agreement, a Warrant may be exercised by the Registered Holder thereof by delivering to purchase a whole number the office of the Warrant Securities in registered form by providing certain information Agent, or at the office of its successor as Warrant Agent, the Warrant, the notice of exercise, as set forth on in the reverse side of the Warrant Certificate Warrant, duly executed and properly completed, and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office(or, provided that if available, pursuant to the cashless exercise feature as set forth in such Warrant, all cashless exercises should be directed to the Company for calculation of the applicable number of Warrant Shares issuable upon such cashless exercise is subject to receipt within five business days and upon completion of such payment calculation by the Company, the Company shall provide the Warrant Agent with written issuance instructions), the Exercise Price for each full Warrant Share as to which the Warrant is exercised and the issuance of the Warrant Shares by the Warrant Agent as set forth in the applicable Warrant. In no event shall the Registered Holder of any Warrant be entitled to “net cash settle” the Warrant. The Warrant Agent will transmit to the Company the funds received from the Registered Holders for the exercise of the Warrant Certificate with Warrants by the form of election to purchase Warrant Securities set forth on the reverse side 5th business day of the Warrant Certificate properly completed and duly executedmonth following the acceptance of such funds. The date on which payment in full No ink-original Notice of the Warrant Price is received by the Warrant Agent shallExercise shall be required, subject to receipt nor shall any medallion guarantee (or other type of the Warrant Certificate as aforesaid, guarantee or notarization) of any Notice of Exercise be deemed to be the date on which the Warrant is exercisedrequired; provided, however, that ifin the case of Notice of Exercise that involves transfer of ownership, at (for purposes of clarity, transfer of ownership shall not include issuance of Warrant Shares to Registered Holder of the Warrants), or change in the name of the registered holder, the Warrant Agent may reasonably request such other documentations to accompany the Notice of Exercise, including a medallion guarantee from an eligible guarantor institution participating in a signature guarantee program approved by the Securities Transfer Association (a “Signature Guarantee”). If payment in U.S. dollars as provided in this Section 3 is legally prevented in Argentina, Registered Holders of Warrants will be entitled to pay the Exercise Price directly to the Company, in Argentine Pesos in an amount equal to the Argentine Peso equivalent of the U.S. dollar Exercise Price of the Warrants determined on the Blue Chip Swap Rate on the business day preceding the payment date of receipt of such Warrant Certificates and payment in full the Exercise Price of the Warrant PriceWarrants. For purposes of this agreement, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 4 contracts

Samples: Warrant Agent Agreement (Cresud Inc), Warrant Agent Agreement (Irsa Investments & Representations Inc), Warrant Agent Agreement (Irsa Investments & Representations Inc)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates book-entries for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 4 contracts

Samples: Warrant Agreement (Outlook Therapeutics, Inc.), Preferred Stock Warrant Agreement (Outlook Therapeutics, Inc.), Preferred Stock Warrant Agreement (Outlook Therapeutics, Inc.)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money funds of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shallwill, subject to receipt of the Warrant Certificate as aforesaidCertificate, be deemed to be the date on which the Warrant is exercised; provided, however, except that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon on the exercise of such Warrants shall will be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall will be effective to constitute name the designated person so designated to be named as the holder of record of such Warrant Securities on such date, but shall will be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall will be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall will be issuable as of the date on such next succeeding day on which the transfer books shall next will be opened, and until such date the Company shall will be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall will deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall will advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall will promptly confirm such telephone advice to the Company in writing.

Appears in 4 contracts

Samples: Warrant Agreement (Snap Inc), Warrant Agreement (Snap Inc), Warrant Agreement (Snap Inc)

Exercise of Warrants. A Registered Holder may exercise a Warrant by delivering, not later than 5:00 P.M., New York time, on any Business Day during the Exercise Period (athe “Exercise Date”) During to the period specified Warrant Agent at its corporate trust department (i) the Warrant Certificate evidencing the Warrants to be exercised, or, in Section 2.2the case of a Book-Entry Warrant Certificate, the Warrants may to be exercised (the “Book-Entry Warrants”) free on the records of the Depository to an account of the Warrant Agent at the Depository designated for such purpose in writing by the Warrant Agent to the Depository from time to time, (ii) an election to purchase a whole number of Warrant Securities in registered form the Shares underlying the Warrants to be exercised (“Election to Purchase”), properly completed and executed by providing certain information as set forth the Registered Holder on the reverse side of the Warrant Certificate or, in the case of a Book-Entry Warrant Certificate, properly delivered by the Participant in accordance with the Depository’s procedures, and by paying in full, (iii) (a) the Warrant Price for each Warrant to be exercised in lawful money of the United States of America, [in cash or America by certified check or official bank check in New York Clearing House funds] [or by bank wire transfer in immediately available funds] funds or (b) in lieu of payment of the Warrant Price, surrender its Warrant for that number of shares of Common Stock equal to the quotient obtained by dividing (x) the product of the number of shares of Common Stock underlying the surrendered Warrant, multiplied by the difference between the Fair Market Value (defined below) and the Warrant Price by (y) the Fair Market Value. The “Fair Market Value” shall mean the average reported last sale price of the Common Stock for each Warrant Security with respect to which a Warrant is being exercised the 10 trading days ending on the third trading day prior to the Warrant Agent at its corporate trust office, provided that such exercise date on which the notice of redemption is subject sent to receipt within five business days holders of such payment by the Warrant Agent Warrants pursuant to Section 6 hereof. If any of (A) the Warrant Certificate with or the form of election Book-Entry Warrants, (B) the Election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of Purchase, or (C) the Warrant Price therefor, is received by the Warrant Agent shallafter 5:00 P.M., subject to receipt of New York time, on the Warrant Certificate as aforesaidspecified Exercise Date, the Warrants will be deemed to be received and exercised on the Business Day next succeeding the Exercise Date. If the date on which specified as the Warrant Exercise Date is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Pricenot a Business Day, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall will be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated deemed to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business received and exercised on the next succeeding day on which that is a Business Day. If the transfer books for Warrants are received or deemed to be received after the Expiration Date, the exercise thereof will be null and void and any funds delivered to the Warrant Securities purchasable upon Agent will be returned to the exercise of such Warrants shall be openedRegistered Holder or Participant, and as the certificates for case may be, as soon as practicable. In no event will interest accrue on funds deposited with the Warrant Securities Agent in respect of which an exercise or attempted exercise of Warrants. The validity of any exercise of Warrants will be determined by the Company in its sole discretion and such Warrants are then exercised determination will be final and binding upon the Registered Holder and the Warrant Agent. Neither the Company nor the Warrant Agent shall be issuable as have any obligation to inform a Registered Holder of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver invalidity of any certificate for such Warrant Securitiesexercise of Warrants. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an the account of the Company maintained with it the Warrant Agent for such purpose and shall advise the Company by telephone at the end of each day on which a payment funds for the exercise of the Warrants is are received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone telephonic advice to the Company in writing.

Appears in 4 contracts

Samples: Warrant Agreement (Trans-India Acquisition Corp), Warrant Agreement (Trans-India Acquisition Corp), Warrant Agreement (Trans-India Acquisition Corp)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants Warrant Shares may be exercised purchased upon surrender to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side Company at the office or agency of the Warrant Certificate and by paying Agent in fullthe City of New York, in lawful money of the United States of Americacertificate or certificates evidencing the Warrants to be exercised, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate together with the form of election to purchase Warrant Securities set forth on the reverse side thereof duly filled in and signed, which signature shall, if the Warrant Shares are to be issued in the name of a person other than the Holder of the Warrant Certificate properly completed Warrant, be guaranteed by a bank or trust company located in the United States or a broker or dealer that is a member of a national securities exchange, and duly executed. The date on which upon payment in full of the Warrant Price is received by to the Warrant Agent shall, subject to receipt for the account of the Company of the Exercise Price (as defined in and determined in accordance with the provisions of Sections 10 and 11 hereof) for the number of Warrant Certificate Shares in respect of which such Warrants are then being exercised. Payment of the aggregate Exercise Price shall be made by certified or cashier's check, or by any combination thereof. Subject to Section 8 hereof, upon such surrender of Warrants and payment of the Exercise Price as aforesaid, be deemed the Company shall issue and cause to be delivered, with all reasonable dispatch, to or upon the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full written order of the Warrant PriceHolder and in such name or names as the Holder may designate, the transfer books a certificate or certificates for the number of full Warrant Securities purchasable Shares so purchased upon the exercise of such Warrants Warrants. Such certificate or certificates shall be closed, no such receipt of such Warrant Certificates deemed to have been issued and no such payment of such Warrant Price shall be effective to constitute the any person so designated to be named as the therein shall be deemed to have become a holder of record of such Warrant Securities on such date, but shall be effective to constitute such person Shares as of the holder date of record the surrender of such Warrant Securities for all purposes at Warrants and payment of the opening of business Exercise Price, as aforesaid; PROVIDED, HOWEVER, that if such Warrants are surrendered, and the Exercise Price is paid, on the next succeeding a Saturday, Sunday or other day on which banking institutions in the City of New York are authorized or obligated by law or executive order to close, or on a day when the Common Stock transfer books for of the Warrant Securities purchasable upon the exercise of such Warrants shall be openedCompany are closed, and the certificates for the Warrant Securities Shares in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding Monday, Tuesday, Wednesday, Thursday or Friday on which such banking institutions are not so authorized or obligated to close (whether before or after the Expiration Date) and which is a day on which the Common Stock transfer books shall next be opened, and until such date of the Company are open. The rights of purchase represented by the Warrants shall be under no duty exercisable, at the election of the Holders thereof, either in full or from time to deliver any time in part and, in the event that a certificate for such Warrant Securities. The Warrant Agent shall deposit evidencing Warrants is exercised in respect of less than all funds received by it in payment of the Warrant Price in an account Shares specified therein at any time prior to the expiration of such Warrants, a new certificate evidencing the remaining Warrant or Warrants will be issued, and the Warrant Agent is hereby irrevocably authorized to countersign and to deliver the required new Warrant certificates pursuant to the provisions of this subsection and of subsection 2.2 hereof and the Company, whenever required by the Warrant Agent, will supply the Warrant Agent with Warrant certificates duly executed on behalf of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingpurpose.

Appears in 3 contracts

Samples: Warrant Agreement (Wherehouse Entertainment Inc /New/), Tranche B Warrant Agreement (Wherehouse Entertainment Inc /New/), Tranche C Warrant Agreement (Wherehouse Entertainment Inc /New/)

Exercise of Warrants. A Registered Holder may exercise a Warrant by delivering, not later than 5:00 P.M., New York time, on any Business Day during the Exercise Period (athe “Exercise Date”) During to the period specified Warrant Agent at its corporate trust department (i) the Warrant Certificate evidencing the Warrants to be exercised, or, in Section 2.2the case of a Book-Entry Warrant Certificate, the Warrants may to be exercised (the “Book-Entry Warrants”) free on the records of the Depository to an account of the Warrant Agent at the Depository designated for such purpose in writing by the Warrant Agent to the Depository from time to time, (ii) an election to purchase a whole number of Warrant Securities in registered form the Shares underlying the Warrants to be exercised (“Election to Purchase”), properly completed and executed by providing certain information as set forth the Registered Holder on the reverse side of the Warrant Certificate or, in the case of a Book-Entry Warrant Certificate, properly delivered by the Participant in accordance with the Depository’s procedures, and by paying in full, (iii) the Warrant Price for each Warrant to be exercised in lawful money of the United States of America, [in cash or America by certified check or official bank check in New York Clearing House funds] [or by bank wire transfer in immediately available funds] ; provided, however, that with respect to the Private Warrants, in the event of redemption of the Warrants pursuant to Section 6 of this Agreement, any holder of Private Warrants may, in lieu of payment of the Warrant Price, surrender its Private Warrants for that number of Shares equal to the quotient obtained by dividing (x) the product of the number of Shares underlying the surrendered Private Warrants, multiplied by the difference between the Fair Market Value (defined below) and the Warrant Price by (y) the Fair Market Value; provided further, however, that, notwithstanding the foregoing, the Private Warrants will not be exercisable at any time when a registration statement relating to the Shares underlying the Public Warrants is not effective and a prospectus relating to those Shares is not available for each Warrant Security with respect use by the holders of the Public Warrants. For avoidance of doubt, in no event may a Registered Holder expect or compel the Company to which deliver any consideration under a Warrant is being exercised other than Shares as described immediately above. “Fair Market Value” shall mean the average reported last sale price of the Common Stock for the 10 trading days ending on the third trading day prior to the Warrant Agent at its corporate trust office, provided that such exercise date on which the notice of redemption is subject sent to receipt within five business days holders of such payment by the Warrant Agent Warrants pursuant to Section 6 of this Agreement. If any of (A) the Warrant Certificate with or the form of election Book-Entry Warrants, (B) the Election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of Purchase, or (C) the Warrant Price therefor, is received by the Warrant Agent shallafter 5:00 P.M., subject to receipt of New York time, on the Warrant Certificate as aforesaidspecified Exercise Date, the Warrants will be deemed to be received and exercised on the Business Day next succeeding the Exercise Date. If the date on which specified as the Warrant Exercise Date is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Pricenot a Business Day, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall will be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated deemed to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business received and exercised on the next succeeding day on which that is a Business Day. If the transfer books for Warrants are received or deemed to be received after the Expiration Date, the exercise thereof will be null and void and any funds delivered to the Warrant Securities purchasable upon Agent will be returned to the exercise of such Warrants shall be openedHolder or Participant, and as the certificates for case may be, as soon as practicable. In no event will interest accrue on funds deposited with the Warrant Securities Agent in respect of which an exercise or attempted exercise of Warrants. The validity of any exercise of Warrants will be determined by the Company in its sole discretion and such Warrants are then exercised determination will be final and binding upon the Holder and the Warrant Agent. Neither the Company nor the Warrant Agent shall be issuable as have any obligation to inform a Holder of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver invalidity of any certificate for such Warrant Securitiesexercise of Warrants. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an the account of the Company maintained with it the Warrant Agent for such purpose and shall advise the Company by telephone at the end of each day on which a payment funds for the exercise of the Warrants is are received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone telephonic advice to the Company in writing.

Appears in 3 contracts

Samples: Warrant Agreement (Union Street Acquisition Corp.), Warrant Agreement (Union Street Acquisition Corp.), Warrant Agreement (Union Street Acquisition Corp.)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Debt Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Debt Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Debt Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Debt Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Debt Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Debt Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Debt Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 3 contracts

Samples: Debt Securities Warrant Agreement (Duratek Inc), Debt Securities Warrant Agreement (Martek Biosciences Corp), Debt Securities Warrant Agreement (Guilford Pharmaceuticals Inc)

Exercise of Warrants. A Registered Holder may exercise a Warrant by delivering, not later than 5:00 P.M., New York time, on any Business Day during the applicable Exercise Period (athe “Exercise Date”) During to the period specified Warrant Agent at its corporate trust department (i) the Warrant Certificate evidencing the Warrants to be exercised, or, in Section 2.2the case of a Book-Entry Warrant Certificate, the Warrants may to be exercised (the “Book-Entry Warrants”) free on the records of the Depository to an account of the Warrant Agent at the Depository designated for such purpose in writing by the Warrant Agent to the Depository from time to time, (ii) an election to purchase a whole number of Warrant Securities in registered form the Shares underlying the Warrants to be exercised (“Election to Purchase”), properly completed and executed by providing certain information as set forth the Registered Holder on the reverse side of the Warrant Certificate or, in the case of a Book-Entry Warrant Certificate, properly delivered by the Participant in accordance with the Depository’s procedures, and by paying in full, (iii) the Warrant Price for each Warrant to be exercised in lawful money of the United States of America, [in cash or America by certified check or official bank check in New York Clearing House funds] [or by bank wire transfer in immediately available funds] . As soon as practicable after the exercise of any Warrant and the clearance of the funds in payment of the Warrant Price, the Company shall issue to the registered holder of such Warrant a certificate or certificates for the number of full shares of Common Stock to which he is entitled, registered in such name or names as may be directed by him, her or it, and if such Warrant shall not have been exercised in full, a new countersigned Warrant for the number of shares as to which such Warrant shall not have been exercised. Notwithstanding the foregoing, the Company shall not be obligated to deliver any shares of Common Stock pursuant to the exercise of a Warrant and shall have no obligation to settle the Warrant exercise unless a registration statement under the Act, with respect to the shares of Common Stock underlying the Warrants is effective and a current prospectus is on file with the Commission. In the event that a registration statement with respect to the Common Stock underlying a Warrant is not effective under the Securities Act or a current prospectus is not on file with the Commission, the holder of such Warrant (including Placement Warrants) shall not be entitled to exercise such Warrant. Notwithstanding anything to the contrary in this Warrant Agreement, under no circumstances will the Company be required to net cash settle the Warrant exercise. Warrants may not be exercised by, or shares of Common Stock issued to, any registered holder in any state in which such exercise or issuance would be unlawful. For the avoidance of doubt, as a result of this Section 3.3, any or all of the Warrants (including the Placement Warrants) may expire unexercised. In no event shall the registered Holder of a Warrant be entitled to receive any monetary damages if the Common Stock underlying the Warrants have not been registered by the Company pursuant to an effective registration statement or if a current prospectus is available for delivery by the Warrant Agent, provided the Company has fulfilled its obligation to use its best efforts to effect such registration and ensure a current prospectus is available for delivery by the Warrant Agent. If any of (A) the Warrant Certificate or the Book-Entry Warrants, (B) the Election to Purchase, or (C) the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust officetherefor, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shallafter 5:00 P.M., subject to receipt of New York time, on the Warrant Certificate as aforesaidspecified Exercise Date, the Warrants will be deemed to be received and exercised on the Business Day next succeeding the Exercise Date. If the date on which specified as the Warrant Exercise Date is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Pricenot a Business Day, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall will be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated deemed to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business received and exercised on the next succeeding day on which that is a Business Day. If the transfer books for Warrants are received or deemed to be received after the Expiration Date, the exercise thereof will be null and void and any funds delivered to the Warrant Securities purchasable upon Agent will be returned to the exercise of such Warrants shall be openedHolder or Participant, and as the certificates for case may be, as soon as practicable. In no event will interest accrue on funds deposited with the Warrant Securities Agent in respect of which an exercise or attempted exercise of Warrants. The validity of any exercise of Warrants will be determined by the Company in its sole discretion and such Warrants are then exercised determination will be final and binding upon the Holder and the Warrant Agent. Neither the Company nor the Warrant Agent shall be issuable as have any obligation to inform a Holder of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver invalidity of any certificate for such Warrant Securitiesexercise of Warrants. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an the account of the Company maintained with it the Warrant Agent for such purpose and shall advise the Company by telephone at the end of each day on which a payment funds for the exercise of the Warrants is are received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone telephonic advice to the Company in writing.

Appears in 3 contracts

Samples: Warrant Agreement (Santa Monica Media CORP), Warrant Agreement (Santa Monica Media CORP), Warrant Agreement (Santa Monica Media CORP)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form Shares by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities Shares set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities Shares purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities Shares on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities Shares for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities Shares purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Shares in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant SecuritiesShares. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 3 contracts

Samples: Common Stock Warrant Agreement (GTX Inc /De/), Common Stock Warrant Agreement (GTX Inc /De/), Common Stock Warrant Agreement (Cardica Inc)

Exercise of Warrants. (a) During [With respect to Warrants evidenced by Warrant Certificates in registered form, during] [During] the period specified in Section 2.22.02, the any whole number of Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate Certificates evidencing such Warrants and by paying in full, full [in lawful money of the United States of America, ] [in cash or applicable currency] [in cash] [by certified check or official bank check or by bank wire transfer, in New York Clearing House fundseach case,] [by bank wire transfer transfer] [in immediately available funds,] the Warrant Price for each Warrant Security with exercised (plus accrued interest, if any, on the Warrant Securities to be issued upon exercise of such Warrant from and including the Interest Payment Date (as defined in the Indenture), if any, in respect of such Warrant Securities immediately preceding the Exercise Date to and including the Exercise Date (unless the Exercise Date is after the Regular Record Date (as defined in the Indenture), if any, for such Interest Payment Date, but on or before the immediately succeeding Interest Payment Date for such Warrant Securities, in which a Warrant is being exercised event no such accrued interest shall be payable)) to the Warrant Agent at its corporate trust officeoffice at [address] [or at __________], provided that such exercise is subject to receipt within five business days of such payment [payment] [wire transfer] by the Warrant Agent of the Warrant Certificate evidencing each Warrant exercised with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. [With respect to Warrants evidenced by the Global Warrant Certificate, during the period specified in Section 2.02, any whole number of Warrants may be exercised by the Holder by presentation to the Warrant Agent at its office at [address located outside the United States [and the United Kingdom]], at or prior to [time], on any day on which the Warrants are exercisable, of (i) the Global Warrant Certificate (or written confirmation reasonably satisfactory to the Warrant Agent that the Global Warrant Certificate is held by the Euroclear Operator and Clearstream and will be duly endorsed to reflect the exercise of Warrants by the Euroclear Operator and Clearstream), (ii) a duly executed certification from the Euroclear Operator or Clearstream, as the case may be, substantially in the form set forth in Exhibit C hereto and (iii) payment in full [in lawful money of the United States of America] [in applicable currency] [in cash] [by certified check or official bank check or by bank wire transfer, in each case,] [by bank wire transfer] [in immediately available funds,] of the Warrant Price for each Warrant exercised (plus accrued interest, if any, on the Warrant Securities to be issued upon exercise of such Warrant from and including the Interest Payment Date, if any, in respect of such Warrant Securities immediately preceding the Exercise Date to and including the Exercise Date (unless the Exercise Date is after the Regular Record Date, if any, for such Interest Payment Date, but on or before the immediately succeeding Interest Payment Date for such Warrant Securities, in which event no such accrued interest shall be payable in respect of Warrant Securities to be issued in registered form)). Notwithstanding the foregoing, the Holder may exercise Warrants as aforesaid on the Expiration Date at any time prior to [time] in [city of Warrant Agent's office]. Any Warrants exercised as set forth in this paragraph shall be deemed exercised at the [country] office of the Warrant Agent.] [The Warrant Agent shall retain each certificate received by it from the Euroclear Operator of Clearstream through the Expiration Date (or such earlier date by which all of the Warrants may have been exercised or cancelled) and thereafter shall dispose of them or deliver them to the Company pursuant to the instructions of the Company.] [The delivery to the Warrant Agent by the Euroclear Operator or Clearstream of any certification referred to above may be relied upon by the Company, the Warrant Agent and the Trustee as conclusive evidence that a corresponding certificate or certificates substantially in the form of Exhibit D hereto has or have been delivered to the Euroclear Operator or Clearstream, as the case may be.] [The Company will maintain in [location] (or in such other city [in western Europe] as the Company may deem advisable), until the right to exercise the Warrants shall expire or be earlier cancelled as hereinafter provided, an agency where the Global Warrant Certificate may be presented for exercise of the Warrants represented thereby and notices and demands to or upon the Company in respect of the Warrants or of this Agreement may be made.] The date on which payment in full of the Warrant Price (plus any such accrued interest) is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate [in registered form or, as the case may be, the Global Warrant Certificate and the certification of Euroclear Operator or Clearstream] as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment for the exercise of the Warrant Price Warrants in an account of the Company maintained with it (or in such other account as may be designated by the Company) and shall advise the Company Company, by telephone or by facsimile transmission or other form of electronic communication available to both parties, at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing. If a day on which Warrants may be exercised in the city in which such Warrants are to be exercised shall be a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed, then, notwithstanding any other provision of this Agreement or the Warrant Certificate evidencing such Warrants, but subject to the limitation that no Warrant may be exercised after the Expiration Date, the Warrants shall be exercisable on the next succeeding day which in such city is not a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed. The Warrant Agent shall, from time to time, as promptly as practicable, advise the Company [and][,] the Trustee [and the Common Depositary at [both] its London and [location] office[s]] in writing [(which, in the case of exercised Warrants represented by the Global Warrant Certificate, shall be tested telex with appropriate answerback received,)] of (i) the number of Warrants exercised, (ii) the instructions of each Holder of the Warrant Certificates [in registered form] evidencing such Warrants [or of the Euroclear Operator or Clearstream, as the case may be,] with respect to delivery of the Warrant Securities to be issued upon such exercise, (iii) delivery of any Warrant Certificates [in registered form] evidencing the balance, if any, of the Warrants remaining after such exercise, and (iv) such other information as the Company or the Trustee shall reasonably require. [In addition, in the case of exercised Warrants evidenced by the Global Warrant Certificate, the Warrant Agent shall, as promptly as practicable, endorse, or cause the Common Depositary, [location] office, or one of the Warrant Agent's agents to endorse, Schedule A annexed to the Global Warrant Certificate to reflect the exercise of such Warrants and, if applicable, return the Global Warrant Certificate to the Common Depositary or to its order.] As soon as practicable after the exercise of any Warrant [evidenced by a Warrant Certificate in registered form], but subject to receipt by the Warrant Agent of the Warrant Certificate evidencing such Warrant as provided in this Section, the Company shall issue, pursuant to the Indentures, in authorized denominations to or upon the order of the Holder of the Warrant Certificate evidencing each Warrant, the Warrant Securities to which such Holder is entitled, in fully registered form, registered in such name or names as may be directed by such Holder. If fewer than all of the Warrants evidenced by such Warrant Certificate are exercised, the Company shall execute, and an authorized officer of the Warrant Agent shall manually countersign and deliver, a new Warrant Certificate [in registered form] evidencing the number of such Warrants remaining unexercised. [As soon as practicable after the exercise of any Warrant evidenced by the Global Warrant Certificate, the Company shall issue, pursuant to the Indenture, the Warrant Securities issuable upon such exercise, in authorized denominations (i) in fully registered form, registered in such name or names as may be directed by the Euroclear Operator or Clearstream, as the case may be, to or upon order of the Euroclear Operator or Clearstream, as the case may be, or (ii) in bearer form to the Common Depositary to be held for the account of the Euroclear Operator or Clearstream, as the case may be, together with a written confirmation substantially in form of Exhibit E hereto; provided, however, that no Warrant Security in bearer form shall be mailed or otherwise delivered to any location in the United States of America, its territories or possessions or areas subject to its jurisdiction or the Commonwealth of Puerto Rico.] The Company shall not be required to pay any stamp or other tax or other governmental charge required to be paid in connection with any transfer involved in the issuance of the Warrant Securities, and in the event that any such transfer is involved, the Company shall not be required to issue or deliver any Warrant Security until such tax or other charge shall have been paid or it has been established to the Company's satisfaction that no such tax or other charge is due.

Appears in 3 contracts

Samples: Debt Warrant Agreement (Credit Suisse First Boston Usa Inc), Debt Warrant Agreement (Credit Suisse First Boston Usa Inc), Debt Warrant Agreement (Donaldson Lufkin & Jenrette Inc /Ny/)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Debt Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Debt Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Debt Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaidCertificate, in accordance with this Section 2.3(a), be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Debt Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Debt Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Debt Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Debt Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 3 contracts

Samples: Debt Securities Warrant Agreement (Milestone Pharmaceuticals Inc.), Warrant Agreement (Repare Therapeutics Inc.), Warrant Agreement (Milestone Pharmaceuticals Inc.)

Exercise of Warrants. (a) During the period specified in Section 2.22.02, the any whole number of Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate Certificates evidencing such Warrants and by paying in full, full [in lawful money of the United States of America, ] [in cash or applicable currency] [in cash] [by certified check or official bank check or by bank wire transfer, in New York Clearing House fundseach case,] [by bank wire transfer transfer] [in immediately available funds,] the Warrant Price for each Warrant Security with exercised [(plus accrued interest, if any, on the Warrant Securities to be issued upon exercise of such Warrant from and including the Interest Payment Date (as defined in the Indenture), if any, in respect of such Warrant Securities immediately preceding the Exercise Date to and including the Exercise Date (unless the Exercise Date is after the Regular Record Date (as defined in the Indenture), if any, for such Interest Payment Date, but on or before the immediately succeeding Interest Payment Date for such Warrant Securities, in which a event no such accrued interest shall be payable in respect of Warrant is being exercised Securities to be issued in registered form))] to the Warrant Agent at its corporate trust officeoffice at [address] [or at ], provided that such exercise is subject to receipt within five business days of such payment [payment] [wire transfer] by the Warrant Agent of the Warrant Certificate evidencing each Warrant exercised with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. [Cashless Exercise Option] The date on which payment in full of the Warrant Price (plus any such accrued interest) is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment for the exercise of the Warrant Price Warrants in an account of the Company maintained with it (or in such other account as may be designated by the Company) and shall advise the Company Company, by telephone or by facsimile transmission or other form of electronic communication available to both parties, at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.its

Appears in 3 contracts

Samples: Warrant Agreement (Williams Companies Inc), Warrant Agreement (Texas Instruments Inc), Warrant Agreement (International Paper Co /New/)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United 2. States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 3 contracts

Samples: Common Stock Warrant Agreement (aTYR PHARMA INC), Common Stock Warrant Agreement (aTYR PHARMA INC), Common Stock Warrant Agreement (aTYR PHARMA INC)

Exercise of Warrants. (a) During Subject to the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number provisions of Warrant Securities in registered form by providing certain information as set forth on the reverse side of this Agreement and the Warrant Certificate in substantially the form attached hereto, each registered holder of Warrants shall have the right to purchase from the Company, and by paying in fullthe Company shall issue and sell to such registered holder, in lawful money the number of fully paid and nonassessable shares of Common Stock of the United States of AmericaCompany specified in the Warrants, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised upon surrender to the Warrant Agent Company at its corporate trust office, provided that such exercise is subject to receipt within five business days the office of such payment by the Warrant Agent of the Warrant Certificate such Warrants, with the form of election to purchase Warrant Securities set forth on the reverse side Warrants filled out and signed, and upon payment to the Company of the Warrant Price, as specified herein. Any Warrant may be exercised in whole or in part. In the event of exercise in part, the Warrant Agent shall issue and deliver to the Warrant Holder another Warrant of like tenor representing the unexercised number of shares. Payment for the shares upon exercise of Warrants shall be in cash or by certified check to the order of the Company. Subject to the provisions of this Agreement and the Warrant Certificate properly completed in substantially the form attached hereto, Warrants may be exercised for a period of five years beginning at the Closing of the Offering. No adjustment shall be made for any dividends on any Common Stock issuable upon exercise of any Warrant. Subject to Section 5 hereof, upon surrender of Warrants and duly executed. The date on which payment in full of the Warrant Price is received by Price, the Warrant Agent shallCompany shall issue and cause to be delivered with all reasonable dispatch to, subject or upon the written order of the registered holder of Warrants exercised, and in such name or names as the holder shall designate, a certificate or certificates representing the shares so purchased, together with cash, as provided in Section 11 hereof, in respect of any fraction of a share of Common Stock otherwise issuable upon surrender. Such certificate or certificates shall be deemed to receipt have been issued, and any person so designated to be named therein shall be deemed to have become a holder of record of such shares, as of the date of surrender of the Warrants and the payment of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercisedPrice; provided, however, that if, at the date of receipt surrender of such Warrant Certificates Warrants and the payment in full of the such Warrant Price, the transfer books for the Warrant Securities Common Stock or other class of stock purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities shares in respect of which such Warrants are then exercised shall be issuable as of the date on of which such next succeeding day on which the transfer books shall next be opened, whether before, on, or after 5:00 p.m., Utah time, on the respective dates of expiration of the Warrants, and until such date date, the Company shall be under have no obligation or duty to deliver any certificate for such Warrant Securitiesshares; provided, further, however, that the transfer books, unless otherwise required by law or applicable rule of any national securities exchange, or bylaw of the Company, shall not be closed at any one time for a period in excess of 20 days. The Company, whenever requested by the Warrant Agent, will supply the Warrant Agent with Warrants duly executed on behalf of the Company for such purpose. The Company shall pay all taxes and other governmental charges (other than income tax) that may be imposed in respect of the issue or delivery of the shares issued upon the exercise of any Warrants. The Company shall not be required, however, to pay any tax or other charge imposed in connection with any transfer involved in the issue of the any certificate for shares in any name other than that of the Warrant holder surrendered in connection with the purchase of such shares, and in such case neither the Company nor the Warrant Agent shall deposit all funds received by be required to issue or deliver any stock certificate until such tax or other charge has been paid or it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice has been established to the Company in writingCompany's satisfaction that no tax or charge is due.

Appears in 3 contracts

Samples: Warrant Agency Agreement (Us Dry Cleaning Corp), Warrant Agency Agreement (Us Dry Cleaning Corp), Warrant Agency Agreement (Us Dry Cleaning Corp)

Exercise of Warrants. Exercise of the purchase rights for Warrant Shares represented by this Warrant may be made, in whole or in part, at any time or times on or after the Initial Exercise Date and on or before the Termination Date by delivery to the Company (aor such other office or agency of the Company as it may designate by notice in writing to the registered Holder at the address of the Holder appearing on the books of the Company) During of a duly executed facsimile copy (or e-mail attachment) of the period Notice of Exercise in the form annexed hereto as Exhibit A and within two (2) Trading Days of the date said Notice of Exercise is delivered to the Company; provided that if the Notice of Exercise is received after 12 p.m. EST on such day, then the Company will have three (3) Trading Days for delivery, the Company shall have received payment of the aggregate Exercise Price of the Warrant Shares thereby purchased by wire transfer or cashier’s check drawn on a United States bank or, if available, pursuant to the cashless exercise procedure specified in Section 2.22(c) below. No ink-original Notice of Exercise shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise form be required. Notwithstanding anything herein to the contrary, the Warrants may Holder shall not be exercised required to purchase a whole number of physically surrender this Warrant Securities in registered form by providing certain information as set forth on to the reverse side Company until the Holder has purchased all of the Warrant Certificate Shares available hereunder and by paying the Warrant has been exercised in full, in lawful money which case, the Holder shall surrender this Warrant to the Company for cancellation within three (3) Trading Days of the United States date the final Notice of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant Exercise is being exercised delivered to the Company. Partial exercises of this Warrant Agent at its corporate trust office, provided that such exercise is subject resulting in purchases of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares purchasable hereunder in an amount equal to receipt within five business days the applicable number of Warrant Shares purchased. The Holder and the Company shall maintain records showing the number of Warrant Shares purchased and the date of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executedpurchases. The date on which payment in full Company shall deliver any objection to any Notice of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date Exercise within one (1) Business Day of receipt of such Warrant Certificates notice. The Holder and payment in full any assignee, by acceptance of this Warrant, acknowledge and agree that, by reason of the provisions of this paragraph, following the purchase of a portion of the Warrant PriceShares hereunder, the transfer books number of Warrant Shares available for purchase hereunder at any given time may be less than the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business amount stated on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingface hereof.

Appears in 3 contracts

Samples: Warrant (INVO Bioscience, Inc.), INVO Bioscience, Inc., INVO Bioscience, Inc.

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Debt Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Debt Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Debt Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Debt Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Debt Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Debt Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Debt Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 3 contracts

Samples: Warrant Agreement (Koppers Shipping Pty LTD), Warrant Agreement (Koppers Holdings Inc.), Debt Securities Warrant Agreement (Sun Healthcare Group Inc)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 2 contracts

Samples: Preferred Stock Warrant Agreement (Akcea Therapeutics, Inc.), Common Stock Warrant Agreement (Akcea Therapeutics, Inc.)

Exercise of Warrants. (a) During [During] [With respect to Warrants evidenced by Warrant Certificates in registered form, during] the period specified in Section 2.22.02, the any whole number of Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate Certificates evidencing such Warrants and by paying in full, full [in lawful money of the United States of America, ] [in cash or applicable currency] [in cash] [by certified check or official bank check or by bank wire transfer, in New York Clearing House fundseach case,] [by bank wire transfer transfer] [in immediately available funds,] the Warrant Price for each Warrant Security with exercised (plus accrued interest, if any, on the Warrant Securities to be issued upon exercise of such Warrant from and including the Interest Payment Date (as defined in the Indenture), if any, in respect of such Warrant Securities immediately preceding the Exercise Date to and including the Exercise Date (unless the Exercise Date is after the Regular Record Date (as defined in the Indenture), if any, for such Interest Payment Date, but on or before the immediately succeeding Interest Payment Date for such Warrant Securities, in which a event no such accrued interest shall be payable in respect of Warrant is being exercised Securities to be issued in registered form)) to the Warrant Agent at its corporate trust officeoffice at [address] [or at _________], provided that such exercise is subject to receipt within five business days of such payment [payment] [wire transfer] by the Warrant Agent of the Warrant Certificate evidencing each Warrant exercised with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. [With respect to Warrants evidenced by the Global Warrant Certificate, during the period specified in Section 2.02, any whole number of Warrants may be exercised by the Holder by presentation to the Warrant Agent at its office at [address located outside the United States [and the United Kingdom]], at or prior to [time], on any day on which the Warrants are exercisable, of (i) the Global Warrant Certificate [together with, if prior to the Detachable Date, the Temporary Global Security] (or written confirmation reasonably satisfactory to the Warrant Agent that the Global Warrant Certificate [is] [and, if prior to the Detachable Date, the Temporary Global Security are] held by the Euroclear Operator and Clearstream and will be duly endorsed to reflect the exercise of Warrants [and, if prior to the Detachable Date, the surrender to the Warrant Agent of the Offered Securities to which the Warrants are attached] by the Euroclear Operator and Clearstream), (ii) a duly executed certification from the Euroclear Operator or Clearstream, as the case may be, substantially in the form set forth in Exhibit C hereto and (iii) payment in full [in lawful money of the United States of America] [in applicable currency] [in cash] [by certified check or official bank check or by bank wire transfer, in each case,] [by bank wire transfer] [in immediately available funds,] of the Warrant Price for each Warrant exercised (plus accrued interest, if any, on the Warrant Securities to be issued upon exercise of such Warrant from and including the Interest Payment Date, if any, in respect of such Warrant Securities immediately preceding the Exercise Date to and including the Exercise Date (unless the Exercise Date is after the Regular Record Date, if any, for such Interest Payment Date, but on or before the immediately succeeding Interest Payment Date for such Warrant Securities, in which event no such accrued interest shall be payable in respect of Warrant Securities to be issued in registered form)). Notwithstanding the foregoing, the Holder may exercise Warrants as aforesaid on the Expiration Date at any time prior to [time] in [city of Warrant Agent's office]. Any Warrants exercised as set forth in this paragraph shall be deemed exercised at the [country] office of the Warrant Agent.] [The Warrant Agent shall retain each certificate received by it from the Euroclear Operator or Clearstream through the Expiration Date (or such earlier date by which all of the Warrants may have been exercised or cancelled) and thereafter shall dispose of them or deliver them to the Company pursuant to the instructions of the Company.] [The delivery to the Warrant Agent by the Euroclear Operator or Clearstream of any certification referred to above may be relied upon by the Company, the Warrant Agent and the Trustee as conclusive evidence that a corresponding certificate or certificates substantially in the form of Exhibit D hereto has or have been delivered to the Euroclear Operator or Clearstream, as the case may be.] [The Company will maintain in [location] (or in such other city [in western Europe] as the Company may deem advisable), until the right to exercise the Warrants shall expire or be earlier cancelled as hereinafter provided, an agency where the Global Warrant Certificate [and, if prior to the Detachable Date, the Temporary Global Security] may be presented for exercise of the Warrants represented thereby [and, if prior to the Detachable Date, for surrender for cancellation of the Offered Securities to which such Warrants are attached] and notices and demands to or upon the Company in respect of the Warrants or of this Agreement may be made.] The date on which payment in full of the Warrant Price (plus any such accrued interest) is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate [in registered form or, as the case may be, the Global Warrant Certificate [and, if required, the Temporary Global Security] and the certification of Euroclear Operator or Clearstream] as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment for the exercise of the Warrant Price Warrants in an account of the Company maintained with it (or in such other account as may be designated by the Company) and shall advise the Company Company, by telephone or by facsimile transmission or other form of electronic communication available to both parties, at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing. If a day on which Warrants may be exercised in the city in which such Warrants are to be exercised shall be a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed, then, notwithstanding any other provision of this Agreement or the Warrant Certificate evidencing such Warrants, but subject to the limitation that no Warrant may be exercised after the Expiration Date, the Warrants shall be exercisable on the next succeeding day which in such city is not a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed. The Warrant Agent shall, from time to time, as promptly as practicable, advise the Company [and][,] the Trustee [and the Common Depositary at [both] its London and [location] office[s]] in writing [(which, in the case of exercised Warrants represented by the Global Warrant Certificate, shall be tested telex with appropriate answerback received,)] of (i) the number of Warrants exercised, (ii) the instructions of each Holder of the Warrant Certificates [in registered form] evidencing such Warrants [or of the Euroclear Operator or Clearstream, as the case may be,] with respect to delivery of the Warrant Securities to be issued upon such exercise, (iii) delivery of any Warrant Certificates [in registered form] evidencing the balance, if any, of the Warrants remaining after such exercise, and (iv) such other information as the Company or the Trustee shall reasonably require. [In addition, in the case of exercised Warrants evidenced by the Global Warrant Certificate, the Warrant Agent shall, as promptly as practicable, endorse, or cause the Common Depositary, [location] office, or one of the Warrant Agent's agents to endorse, Schedule A annexed to the Global Warrant Certificate to reflect the exercise of such Warrants [and the Temporary Global Security to reflect the surrender for cancellation of the Offered Securities to which such Warrants are attached] and, if applicable, return the Global Warrant Certificate [and the Temporary Global Security] to the Common Depositary or to its order.] As soon as practicable after the exercise of any Warrant [evidenced by a Warrant Certificate in registered form], but subject to receipt by the Warrant Agent of the Warrant Certificate evidencing such Warrant as provided in this Section, the Company shall issue, pursuant to the Indenture, in authorized denominations to or upon the order of the Holder of the Warrant Certificate evidencing each Warrant, the Warrant Securities to which such Holder is entitled, in fully registered form, registered in such name or names as may be directed by such Holder. If fewer than all of the Warrants evidenced by such Warrant Certificate are exercised, the Company shall execute, and an authorized officer of the Warrant Agent shall manually countersign and deliver, a new Warrant Certificate [in registered form] evidencing the number of such Warrants remaining unexercised. [As soon as practicable after the exercise of any Warrant evidenced by the Global Warrant Certificate, the Company shall issue, pursuant to the Indenture, the Warrant Securities issuable upon such exercise, in authorized denominations (i) in fully registered form, registered in such name or names as may be directed by the Euroclear Operator or Clearstream, as the case may be, to or upon order of the Euroclear Operator or Clearstream, as the case may be, or (ii) in bearer form to the Common Depositary to be held for the account of the Euroclear Operator or Clearstream, as the case may be, together with a written confirmation substantially in form of Exhibit E hereto; provided, however, that no Warrant Security in bearer form shall be mailed or otherwise delivered to any location in the United States of America, its territories or possessions or areas subject to its jurisdiction or the Commonwealth of Puerto Rico.] The Company shall not be required to pay any stamp or other tax or other governmental charge required to be paid in connection with any transfer involved in the issuance of the Warrant Securities, and in the event that any such transfer is involved, the Company shall not be required to issue or deliver any Warrant Security until such tax or other charge shall have been paid or it has been established to the Company's satisfaction that no such tax or other charge is due.

Appears in 2 contracts

Samples: Debt Warrant Agreement (Credit Suisse First Boston Usa Inc), Debt Warrant Agreement (Credit Suisse First Boston Usa Inc)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business Exhibit 4.4 days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 2 contracts

Samples: Common Stock Warrant Agreement (Newlink Genetics Corp), Common Stock Warrant Agreement (Newlink Genetics Corp)

Exercise of Warrants. (a) During All or any part of the period specified in Section 2.2, the Warrants Warrant may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth commencing on the reverse side first anniversary of the Effective Date and ending at 5:00 p.m. (Pacific Time) on the fifth anniversary of the Effective Date by surrendering this Warrant Certificate, together with appropriate instructions, duly executed by the Warrantholder or by its duly authorized attorney, at the office of the Company, 7860 Xxxx XxXxxxx Xxxxx, Suite 2, Scottsdale, Arizona 85260, or at such other office or agency as the Company may designate. Upon receipt of notice of exercise, the Company shall immediately instruct its transfer agent to prepare certificates for the Securities to be received by the Warrantholder upon completion of the Warrant Certificate exercise. When such certificates are prepared, the Company shall notify the Warrantholder and deliver such certificates to the Warrantholder or as per the Warrantholder's instructions immediately upon payment in full by paying in fullthe Warrantholder, in lawful money of the United States States, of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Exercise Price for each Warrant Security payable with respect to which a the Securities being purchased. If the Warrantholder shall represent and warrant that all applicable registration and prospectus delivery requirements for their sale have been complied with upon sale If fewer than all the Securities purchasable under the Warrant is being exercised are purchased, the Company will, upon such partial exercise, execute and deliver to the Warrantholder a new Warrant Agent at its corporate trust officeCertificate (dated the date hereof), provided in form and tenor similar to this Warrant Certificate, evidencing that such exercise is subject to receipt within five business days of such payment by the Warrant Agent portion of the Warrant Certificate with the form of election not exercised. The Securities to purchase Warrant Securities set forth be obtained on the reverse side exercise of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, will be deemed to have been issued, and any person exercising the Warrants will be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective deemed to constitute the person so designated to be named as the have become a holder of record of such Warrant Securities on such datethose Securities, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which of the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingExercise Price.

Appears in 2 contracts

Samples: Taser International Inc, Taser International Inc

Exercise of Warrants. (a) During the period specified in Section 2.22.02, the any whole number of Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate Certificates evidencing such Warrants and by paying in full, full [in lawful money of the United States of America, ] [in cash or applicable currency] [in cash] [by certified check or official bank check or by bank wire transfer, in New York Clearing House fundseach case,] [by bank wire transfer transfer] [in immediately available funds,] the Warrant Price for each Warrant Security with exercised [(plus accrued interest, if any, on the Warrant Securities to be issued upon exercise of such Warrant from and including the Interest Payment Date (as defined in the Indenture), if any, in respect of such Warrant Securities immediately preceding the Exercise Date to and including the Exercise Date (unless the Exercise Date is after the Regular Record Date (as defined in the Indenture), if any, for such Interest Payment Date, but on or before the immediately succeeding Interest Payment Date for such Warrant Securities, in which a event no such accrued interest shall be payable in respect of Warrant is being exercised Securities to be issued in registered form))] to the Warrant Agent at its corporate trust officeoffice at [address] [or at ___________], provided that such exercise is subject to receipt within five business days of such payment [payment] [wire transfer] by the Warrant Agent of the Warrant Certificate evidencing each Warrant exercised with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. [Insert Cashless Exercise Option provisions, if applicable] The date on which payment in full of the Warrant Price (plus any such accrued interest) is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment for the exercise of the Warrant Price Warrants in an account of the Company maintained with it (or in such other account as may be designated by the Company) and shall advise the Company Company, by telephone or by facsimile transmission or other form of electronic communication available to both parties, at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing. If a day on which Warrants may be exercised in the city in which such Warrants are to be exercised shall be a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed, then, notwithstanding any other provision of this Agreement or the Warrant Certificate evidencing such Warrants, but subject to the limitation that no Warrant may be exercised after the Expiration Date, the Warrants shall be exercisable on the next succeeding day which in such city is not a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed. The Warrant Agent shall, from time to time, as promptly as practicable, advise the Company and the Trustee in writing of (i) the number of Warrants exercised, (ii) the instructions of each Holder of the Warrant Certificates evidencing such Warrants with respect to delivery of the Warrant Securities to be issued upon such exercise, (iii) delivery of any Warrant Certificates evidencing the balance, if any, of the Warrants remaining after such exercise, and (iv) such other information as the Company or the Trustee shall reasonably require. As soon as practicable after the exercise of any Warrant, but subject to receipt by the Warrant Agent of the Warrant Certificate evidencing such Warrant as provided in this Section, the Company shall issue[, pursuant to the Indenture, in authorized denominations to or upon the order of the Holder of the Warrant Certificate evidencing each Warrant,] the Warrant Securities to which such Holder is entitled, in fully registered form, registered in such name or names as may be directed by such Holder. If fewer than all of the Warrants evidenced by such Warrant Certificate are exercised, the Company shall execute, and an authorized officer of the Warrant Agent shall manually countersign and deliver, a new Warrant Certificate evidencing the number of such Warrants remaining unexercised. The Company shall not be required to pay any stamp or other tax or other governmental charge required to be paid in connection with any transfer involved in the issuance of the Warrant Securities, and in the event that any such transfer is involved, the Company shall not be required to issue or deliver any Warrant Security until such tax or other charge shall have been paid or it has been established to the Company's satisfaction that no such tax or other charge is due.

Appears in 2 contracts

Samples: Warrant Agreement (Global Signal Inc), Warrant Agreement (Newcastle Investment Corp)

Exercise of Warrants. (a) During Subject to the period provisions of this Agreement, each registered holder of Warrants shall have the right, which may be exercised as in such Warrant Certificates expressed, to purchase from the Company (and the Company shall issue and sell to such registered holders of Warrants) all or part of the number of fully paid and nonassessable shares of Warrant Common Stock specified in such Warrant Certificates (subject to the adjustments as herein provided), upon surrender to the Company at the office of the Warrant Agent specified in Section 2.221 hereof, of such Warrant Certificates with the Warrants may be exercised to purchase a whole number of Warrant Securities in registered exercise form by providing certain information as set forth on the reverse side thereof duly filled in and signed, and upon payment to the Warrant Agent to the account of the Warrant Certificate and by paying in full, in lawful money Company of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each the number of shares of Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Common Stock in respect of which such Warrants are then exercised exercised. The date of exercise of any Warrant shall be issuable as of deemed to be the date of its receipt by the Warrant Agent duly filled in and signed and accompanied by proper funds as hereinafter provided. Payment of such Warrant Price may be made in wire transfer in immediately available funds, cash, or by certified or official bank check. No adjustment shall be made for any cash dividends on shares of Warrant Common Stock issuable upon exercise of a Warrant. Upon such next succeeding day on which the transfer books shall next be openedsurrender of Warrants, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account as aforesaid, the Company shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the Company maintained registered holder of such Warrants and in such name or names as such registered holder may designate, a certificate or certificates for the number of full shares of Warrant Common Stock so purchased upon the exercise of such Warrants together with it and shall advise the Company by telephone at the end cash as provided in Section 11 of each day on which this Agreement, in respect of any fraction of a payment share of such stock issuable upon such surrender. Each person in whose name any certificate for shares of Common Stock is issued upon the exercise of Warrants is received shall for all purposes be deemed to have become the holder of record of the amount so deposited to its account. The Common Stock represented thereby on, and such certificate shall be dated, the date upon which the Warrant Agent shall promptly confirm Certificate evidencing such telephone advice to Warrants was duly surrendered and payment of the Warrant Price (and any applicable transfer taxes) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Stock transfer books of the Company in writingare closed, such person shall be deemed to have become the record holder of such shares on, and such certificate shall be dated, the next succeeding business day on which the Common Stock transfer books of the Company are open.

Appears in 2 contracts

Samples: Warrant Agreement (North American Scientific Inc), Warrant Agreement (North American Scientific Inc)

Exercise of Warrants. (a) During the period specified in Section 2.2A Holder may exercise a Warrant by delivering, the not later than 5:00 P.M., New York time, on [Unless Warrants may be exercised on only one date: any Business Day during the Exercise Period (the “Exercise Date”)] [If Warrants may be exercised on only one date: the Expiration Date] to the Warrant Agent at its corporate trust department (i) the Warrant Certificate evidencing the Warrants to be exercised, and, in the case of a Global Warrant Certificate, the Warrants to be exercised (the “Book-Entry Warrants”) free on the records of the Depository to an account of the Warrant Agent at the Depository designated for such purpose in writing by the Warrant Agent to the Depository from time to time, (ii) an election to purchase a whole number of the Warrant Securities in registered form (“Election to Purchase”), properly completed and executed by providing certain information as set forth the Holder on the reverse side of the Warrant Certificate or, in the case of a Global Warrant Certificate, properly executed by the Participant and by paying substantially in fullthe form included on the reverse of each Warrant Certificate, and (iii) the Exercise Price for each Warrant to be exercised in lawful money of the United States of America, [in cash or America by certified check or official bank check in New York Clearing House funds] [or by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days . If any of such payment by the Warrant Agent of (a) the Warrant Certificate with or the form of election Book-Entry Warrants, (b) the Election to purchase Warrant Securities set forth on Purchase, or (c) the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Exercise Price therefor, is received by the Warrant Agent shallafter 5:00 P.M., subject to receipt of New York time, on [Unless Warrants may be exercised on only one date: the Warrant Certificate as aforesaidspecified Exercise Date, the Warrants will be deemed to be received and exercised on the Business Day next succeeding the Exercise Date. If the date on which specified as the Warrant Exercise Date is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Pricenot a Business Day, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall will be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated deemed to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business received and exercised on the next succeeding day on which is a Business Day. If the transfer books for Warrants are received or deemed to be received after] the Expiration Date, the exercise thereof will be null and void and any funds delivered to the Warrant Securities purchasable upon Agent will be returned to the exercise of such Warrants shall be openedHolder or Participant, and as the certificates for case may be, as soon as practicable. In no event will interest accrue on funds deposited with the Warrant Securities Agent in respect of which an exercise or attempted exercise of Warrants. The validity of any exercise of Warrants will be determined by the Warrant Agent in its sole discretion and such Warrants are then exercised determination will be final and binding upon the Holder and the Company. Neither the Company nor the Warrant Agent shall be issuable as have any obligation to inform a Holder of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver invalidity of any certificate for such Warrant Securitiesexercise of Warrants. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Exercise Price in an the account of the Company maintained with it the Warrant Agent for such purpose and shall advise the Company by telephone at the end of each day on which a payment funds for the exercise of the Warrants is are received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone telephonic advice to the Company in writing.

Appears in 2 contracts

Samples: Warrant Agreement (Thomas Weisel Partners Group, Inc.), Warrant Agreement (Pmi Group Inc)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants A Warrant may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised upon surrender to the Warrant Agent Agent, at its corporate trust principal office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate certificate or certificates evidencing the Warrants to be exercised, together with the form of election to purchase Warrant Securities set forth on the reverse side thereof duly filled in and signed, which signature shall be guaranteed by a bank or trust company or a broker or dealer which is a member of the National Association of Securities Dealers, Inc., and upon payment to the Warrant Certificate properly completed and duly executed. The date on which payment in full Agent for the account of the Company of the Warrant Price is received by (as defined in and determined in accordance with the Warrant Agent shallprovisions of Sections 9 and 10 hereof), subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the number of Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Shares in respect of which such Warrants are then exercised exercised. Payment of the aggregate Warrant Price shall be issuable as made in cash or by certified or bank cashier's check drawn on a banking institution chartered by the government of the date on United States or any state thereof. Subject to Section 6 hereof, upon such next succeeding day on which the transfer books shall next be opened, surrender of Warrants and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price as aforesaid, the Warrant Agent shall cause to be issued and delivered with all reasonable dispatch to or upon the written order of the Holder and in an account such name or names as the Holder may designate, a certificate or certificates for the number of full Warrant Shares so purchased upon the exercise of such Warrants, together with cash, as provided in Section 11 hereof, in respect of any fractional Warrant Shares otherwise issuable upon such surrender. Such certificate or certificates shall be deemed to have been issued and any person so designated to be named therein shall be deemed to have become a holder of record of such Warrant Shares as of the date of the surrender of such Warrants and payment of the Warrant Price, as aforesaid. The rights of purchase represented by the Warrants shall be exercisable, at the election of the Holders thereof, either in full or from time to time in part and, in the event that a certificate evidencing Warrants is exercised in respect of less than all of the Warrant Shares purchasable on such exercise at any time prior to the date of expiration of the Warrants, a new certificate evidencing the remaining Warrant or Warrants will be issued, and the Warrant Agent is hereby irrevocably authorized to countersign and to deliver the required new Warrant certificate or certificates pursuant to the provisions of this Section and of Section 3 hereof, and the Company, whenever required by the Warrant Agent, will supply the Warrant Agent with Warrant certificates duly executed on behalf of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingpurpose.

Appears in 2 contracts

Samples: Warrant Agreement (Jacor Communications Inc), Warrant Agreement (Citicasters Inc)

Exercise of Warrants. (a) During [With respect to Warrants evidenced by Warrant Certificates in registered form, during] [During] the period specified in Section 2.22.02, the any whole number of Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate Certificates evidencing such Warrants and by paying in full, full [in lawful money of the United States of America, ] [in cash or applicable currency] [in cash] [by certified check or official bank check or by bank wire transfer, in New York Clearing House fundseach case,] [by bank wire transfer transfer] [in immediately available funds,] the Warrant Price for each Warrant Security with exercised [(plus accrued interest, if any, on the Warrant Securities to be issued upon exercise of such Warrant from and including the Interest Payment Date (as defined in the Indenture), if any, in respect of such Warrant Securities immediately preceding the Exercise Date to and including the Exercise Date (unless the Exercise Date is after the Regular Record Date (as defined in the Indenture), if any, for such Interest Payment Date, but on or before the immediately succeeding Interest Payment Date for such Warrant Securities, in which a Warrant is being exercised event no such accrued interest shall be payable))] to the Warrant Agent at its corporate trust officeoffice at [address] [or at ], provided that such exercise is subject to receipt within five business days of such payment [payment] [wire transfer] by the Warrant Agent of the Warrant Certificate evidencing each Warrant exercised with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. [Cashless Exercise Option]. The date on which payment in full of the Warrant Price (plus any such accrued interest) is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment for the exercise of the Warrant Price Warrants in an account of the Company maintained with it (or in such other account as may be designated by the Company) and shall advise the Company Company, by telephone or by facsimile transmission or other form of electronic communication available to both parties, at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing. If a day on which Warrants may be exercised in the city in which such Warrants are to be exercised shall be a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed, then, notwithstanding any other provision of this Agreement or the Warrant Certificate evidencing such Warrants, but subject to the limitation that no Warrant may be exercised after the Expiration Date, the Warrants shall be exercisable on the next succeeding day which in such city is not a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed. The Warrant Agent shall, from time to time, as promptly as practicable, advise the Company [and the Trustee] in writing of (i) the number of Warrants exercised, (ii) the instructions of each Holder of the Warrant Certificates evidencing such Warrants with respect to delivery of the Warrant Securities to be issued upon such exercise, (iii) delivery of any Warrant Certificates evidencing the balance, if any, of the Warrants remaining after such exercise, and (iv) such other information as the Company or the Trustee shall reasonably require. As soon as practicable after the exercise of any Warrant, but subject to receipt by the Warrant Agent of the Warrant Certificate evidencing such Warrant as provided in this Section, the Company shall issue[, pursuant to the Indenture, in authorized denominations to or upon the order of the Holder of the Warrant Certificate evidencing each Warrant,] the Warrant Securities to which such Holder is entitled, in fully registered form, registered in such name or names as may be directed by such Holder. If fewer than all of the Warrants evidenced by such Warrant Certificate are exercised, the Company shall execute, and an authorized officer of the Warrant Agent shall manually countersign and deliver, a new Warrant Certificate evidencing the number of such Warrants remaining unexercised. The Company shall not be required to pay any stamp or other tax or other governmental charge required to be paid in connection with any transfer involved in the issuance of the Warrant Securities, and in the event that any such transfer is involved, the Company shall not be required to issue or deliver any Warrant Security until such tax or other charge shall have been paid or it has been established to the Company’s satisfaction that no such tax or other charge is due.

Appears in 2 contracts

Samples: Warrant Agreement (Amerigroup Corp), Warrant Agreement (Amerigroup Corp)

Exercise of Warrants. (a) During Subject to the period specified in Section 2.2Required Condition, all or any part of the Warrants Warrant may be exercised at any time on or before 5 p.m. Pacific Time on December 23, 1999 by surrendering this Warrant Certificate, together with appropriate instructions, duly executed by the Warrantholder or by his duly authorized attorney, at the office of the Company, 00000 XX Xxxxxx, Xxxxx X-0, Xxxxxxxx, Xxxxxx 00000, or at such other office or agency as the Company may designate. Upon receipt of notice of exercise, the Company shall immediately instruct its transfer agent to purchase a whole number of Warrant prepare certificates for the Securities in registered form to be received by providing certain information as set forth on the reverse side Warrantholder upon completion of the Warrant Certificate exercise. When such certificates are prepared, the Company shall notify the Warrantholder and deliver such certificates to the Warrantholder or as per the Warrantholder's instructions immediately upon payment in full by paying in fullthe Warrantholder, in lawful money of the United States States, of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Exercise Price for each Warrant Security payable with respect to which the Securities being purchased. Such Securities shall be registered with the Securities and Exchange Commission on or before the next registration effected by the Company, and thereafter certificates representing them shall not bear a Warrant is being exercised legend with respect to the Securities Act of 1933, upon compliance with such registration. Prior thereto, both the Securities and this Warrant Agent at its corporate trust officeshall be restricted, provided that such and bear a legend to comply with federal and state law. The Securities to be obtained on exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, will be deemed to have been issued, and any person exercising the Warrants will be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective deemed to constitute the person so designated to be named as the have become a holder of record of such Warrant Securities on such datethose Securities, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in of full payment of the Exercise Price. If fewer than all the Securities purchasable under the Warrant Price are purchased, the Company will, upon such partial exercise, execute and deliver to the Warrantholder a new Warrant Certificate (dated the date hereof), in an account form and tenor similar to this Warrant Certificate, evidencing that portion of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingnot exercised.

Appears in 2 contracts

Samples: Warrant (Athena Medical Corp), Athena Medical Corp

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 2 contracts

Samples: Common Stock Warrant Agreement (Definitive Healthcare Corp.), Common Stock Warrant Agreement (Rani Therapeutics Holdings, Inc.)

Exercise of Warrants. (a) During Subject to the period specified in Section 2.2provisions of this Agreement, each registered holder of Warrants shall have the Warrants right, which may be exercised as in such Warrants expressed, to purchase a whole from the Company (and the Company shall issue and sell to such registered holder of Warrants) the number of Warrant Securities fully paid and nonassessable shares of Common Stock specified in registered form by providing certain information as set forth on such Warrants, upon surrender of such Warrants to the reverse side Company at the office of the Warrant Certificate and by paying in fullAgent, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side thereof duly filled in and signed, and upon payment to the Warrant Agent for the account of the Warrant Certificate properly completed and duly executed. The date on which payment in full Company of the Warrant Price is received for the number of shares of Common Stock in respect of which such Warrants are then exercised. Payment of such Warrant Price may be made in cash, or by certified or official bank check, payable in United States dollars, to the Warrant Agent shall, subject to receipt order of the Warrant Certificate Agent. No adjustment shall be made for any dividends on any shares of Common Stock issuable upon exercise of a Warrant. Upon such surrender of Warrants, and payment of the Warrant Price as aforesaid, the Company shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the registered holder of such Warrants and in such name or names as such registered holder may designate, a certificate or certificates for the number of full shares of Common Stock so purchased upon the exercise of such Warrants. Such certificate or certificates shall be deemed to have been issued and any person so designated to be named therein shall be deemed to have become a holder of record of such shares as of the date on which of the surrender of such Warrants and payment of the Warrant is exercisedPrice as aforesaid; provided, however, that if, at the date of receipt surrender of such Warrant Certificates Warrants and payment in full of the Warrant Price, the transfer books for the Warrant Securities Common Stock or other class of stock purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities shares in respect of which such Warrants are then exercised shall be issuable as of the date on which such next succeeding day on which the transfer books shall next be opened, opened and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securitiesshares; provided further, however, that the transfer books aforesaid, unless otherwise required by law, shall not be closed at any one time for a period longer than 20 days. The rights of purchase represented by the Warrants shall be exercisable, at the election of the registered holders thereof, either as an entirety or from time to time for part only of the shares specified therein, and in the event that any Warrant is exercised in respect of less than all of the shares specified therein, a new Warrant or Warrants will be issued for the remaining number of shares specified in the Warrant so surrendered, and the Warrant Agent shall deposit all funds received is hereby irrevocably authorized to countersign and to deliver the required new Warrants pursuant to the provisions of this Section and of ss.3 of this Agreement and the Company, whenever required by it in payment of the Warrant Price in an account Agent, will supply the Warrant Agent with Warrants duly executed on behalf of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingpurpose.

Appears in 2 contracts

Samples: Warrant Agreement (New Frontier Media Inc /Co/), Warrant Agreement (Westower Corp)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants A Warrant may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised upon surrender to the Warrant Agent Agent, at its corporate trust principal office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate certificate or certificates evidencing the Warrants to be exercised, together with the form of election to purchase Warrant Securities set forth on the reverse side thereof duly filled in and signed, which signature shall be guaranteed by an Eligible Institution, and upon payment to the Warrant Agent for the account of the Warrant Certificate properly completed and duly executed. The date on which payment in full Company of the Warrant Price is received by (as defined in and determined in accordance with the Warrant Agent shallprovisions of Sections 9 and 10 hereof), subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the number of Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Shares in respect of which such Warrants are then exercised exercised. Payment of the aggregate Warrant Price shall be issuable as made in cash or by certified or bank cashier's check drawn on a banking institution chartered by the government of the date on United States or any state thereof. Subject to Section 6 hereof, upon such next succeeding day on which the transfer books shall next be opened, surrender of Warrants and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price as aforesaid, the Warrant Agent shall cause to be issued and delivered with all reasonable dispatch to or upon the written order of the Holder and in an account such name or names as the Holder may designate, a certificate or certificates for the number of full Warrant Shares so purchased upon the exercise of such Warrants, together with cash, as provided in Section 11 hereof, in respect of any fractional Warrant Shares otherwise issuable upon such surrender. Such certificate or certificates shall be deemed to have been issued and any person so designated to be named therein shall be deemed to have become a holder of record of such Warrant Shares as of the date of the surrender of such Warrants and payment of the Warrant Price, as aforesaid. The right of purchase represented by the Warrants shall be exercisable, at the election of the Holders thereof, either in full or from time to time in part and, in the event that a certificate evidencing Warrants is exercised in respect of less than all of the Warrant Shares purchasable on such exercise at any time prior to the date of expiration of the Warrants, a new certificate evidencing the remaining Warrant or Warrants will be issued, and the Warrant Agent is hereby irrevocably authorized to countersign and to deliver the required new Warrant certificate or certificates pursuant to the provisions of this Section and of Section 3 hereof, and the Company, whenever required by the Warrant Agent, will supply the Warrant Agent with Warrant certificates duly executed on behalf of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingpurpose.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Jacor Communications Inc), Warrant Agreement (Jacor Communications Inc)

Exercise of Warrants. (a) During [With respect to Warrants evidenced by Warrant Certificates in registered form, during] [During] the period specified in Section 2.22.02, the any whole number of Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate Certificates evidencing such Warrants and by paying in full, full [in lawful money of the United States of America, ] [in cash or applicable currency] [in cash] [by certified check or official bank check or by bank wire transfer, in New York Clearing House fundseach case,] [by bank wire transfer transfer] [in immediately available funds,] the Warrant Price for each Warrant Security with exercised [(plus accrued interest, if any, on the Warrant Securities to be issued upon exercise of such Warrant from and including the Interest Payment Date (as defined in the Indenture), if any, in respect of such Warrant Securities immediately preceding the Exercise Date to and including the Exercise Date (unless the Exercise Date is after the Regular Record Date (as defined in the Indenture), if any, for such Interest Payment Date, but on or before the immediately succeeding Interest Payment Date for such Warrant Securities, in which a Warrant is being exercised event no such accrued interest shall be payable))] to the Warrant Agent at its corporate trust officeoffice at [address] [or at ], provided that such exercise is subject to receipt within five business days of such payment [payment] [wire transfer] by the Warrant Agent of the Warrant Certificate evidencing each Warrant exercised with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. [Cashless Exercise Option]. The date on which payment in full of the Warrant Price (plus any such accrued interest) is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment for the exercise of the Warrant Price Warrants in an account of the Company maintained with it (or in such other account as may be designated by the Company) and shall advise the Company Company, by telephone or by facsimile transmission or other form of electronic communication available to both parties, at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing. If a day on which Warrants may be exercised in the city in which such Warrants are to be exercised shall be a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed, then, notwithstanding any other provision of this Agreement or the Warrant Certificate evidencing such Warrants, but subject to the limitation that no Warrant may be exercised after the Expiration Date, the Warrants shall be exercisable on the next succeeding day which in such city is not a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed. The Warrant Agent shall, from time to time, as promptly as practicable, advise the Company [and the Trustee] in writing of (i) the number of Warrants exercised, (ii) the instructions of each Holder of the Warrant Certificates evidencing such Warrants with respect to delivery of the Warrant Securities to be issued upon such exercise, (iii) delivery of any Warrant Certificates evidencing the balance, if any, of the Warrants remaining after such exercise, and (iv) such other information as the Company or the Trustee shall reasonably require. As soon as practicable after the exercise of any Warrant, but subject to receipt by the Warrant Agent of the Warrant Certificate evidencing such Warrant as provided in this Section, the Company shall issue [, pursuant to the Indenture, in authorized denominations to or upon the order of the Holder of the Warrant Certificate evidencing each Warrant,] the Warrant Securities to which such Holder is entitled, in fully registered form, registered in such name or names as may be directed by such Holder. If fewer than all of the Warrants evidenced by such Warrant Certificate are exercised, the Company shall execute, and an authorized officer of the Warrant Agent shall manually countersign and deliver, a new Warrant Certificate evidencing the number of such Warrants remaining unexercised. The Company shall not be required to pay any stamp or other tax or other governmental charge required to be paid in connection with any transfer involved in the issuance of the Warrant Securities, and in the event that any such transfer is involved, the Company shall not be required to issue or deliver any Warrant Security until such tax or other charge shall have been paid or it has been established to the Company’s satisfaction that no such tax or other charge is due.

Appears in 2 contracts

Samples: Warrant Agreement (Amerigroup Corp), Warrant Agreement (Amerigroup Corp)

Exercise of Warrants. (a) During The registered holder of any Warrant Certificate may exercise the period specified Warrants evidenced thereby, in whole at any time or in part from time to time at or prior to the close of business, on the Expiration Date relating to such Warrant, subject to the provisions of Section 2.29, at which time the Warrant Certificates shall be and become wholly void and of no value. Warrants may be exercised by their holders as follows: A. Exercise of Warrants shall be accomplished upon surrender of the Warrant Certificate evidencing such Warrants, with the Form of Election to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth Purchase on the reverse side thereof duly filled in and executed, to the Warrant Agent at its stock transfer office in New York, New York, together with payment to the Company of the Warrant Certificate Exercise Price (as of the date of such surrender) of the Warrants then being exercised and an amount equal to any applicable transfer tax and, if requested by paying the Company, any other taxes or governmental charges which the Company may be required by law to collect in fullrespect of such exercise. Payment of the Exercise Price and other amounts may be made by wire transfer of good funds, or by certified or bank cashier's check, payable in lawful money of the United States of AmericaAmerica to the order of the Company. No adjustment shall be made for any cash dividends, [whether paid or declared, on any securities issuable upon exercise of a Warrant. B. Upon receipt of a Warrant Certificate, with the Form of Election to Purchase duly filled in cash and executed, accompanied by payment of the Exercise Price of the Warrants being exercised (and of an amount equal to any applicable taxes or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] government charges as aforesaid), the Warrant Price for each Warrant Security Agent shall promptly request from the Transfer Agent with respect to which the securities to be issued and deliver to or upon the order of the registered holder of such Warrant Certificate, in such name or names as such registered holder may designate, a certificate or certificates for the number of full shares of the securities to be purchased, together with cash made available by the Company pursuant to Section 8 hereof in respect of any fraction of a share of such securities otherwise issuable upon such exercise. If the Warrant is being exercised then exercisable to purchase property other than securities, the Warrant Agent at its corporate trust office, provided that shall take appropriate steps to cause such exercise is subject property to receipt within five business days be delivered to or upon the order of the registered holder of such payment Warrant Certificate. In addition, if it is required by law and upon instruction by the Company, the Warrant Agent will deliver to each Warrantholder a prospectus which complies with the provisions of Section 9 of the Securities Act of 1933 and the Company agrees to supply Warrant Agent with sufficient number of prospectuses to effectuate that purpose. C. In case the registered holder of any Warrant Certificate shall exercise fewer than all of the Warrants evidenced by such Warrant Certificate, the Warrant Agent shall promptly countersign and deliver to the registered holder of such Warrant Certificate, or to his duly authorized assigns, a new Warrant Certificate or Certificates evidencing the number of Warrants that were not so exercised. D. Each person in whose name any certificate for securities is issued upon the exercise of Warrants shall for all purposes be deemed to have become the holder of record of the securities represented thereby as of, and such certificate shall be dated, the date upon which the Warrant Certificate with the was duly surrendered in proper form of election to purchase Warrant Securities set forth on the reverse side and payment of the Warrant Certificate properly completed Exercise Price (and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercisedany applicable taxes or other governmental charges) was made; provided, however, that if, at if the date of receipt such surrender and payment is a date on which the stock transfer books of the Company are closed, such person shall be deemed to have become the record holder of such Warrant Certificates shares as of, and payment in full of the Warrant Price, the transfer books certificate for the Warrant Securities purchasable upon the exercise of such Warrants shares shall be closeddated, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding business day on which the stock transfer books for of the Company are open (whether before, on or after the Expiration Date relating to such Warrant) and the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company Agent shall be under no duty to deliver any the certificate for such Warrant Securitiesshares until such date. The Company covenants and agrees that it shall not cause its stock transfer books to be closed for a period of more than 20 consecutive business days except upon consolidation, merger, sale of all or substantially all of its assets, dissolution or liquidation or as otherwise provided by law. Section 8. Fractional Interests The Company shall not be required to issue any Warrant Agent shall deposit all funds received by it in payment Certificate evidencing a fraction of a Warrant or to issue fractions of shares of securities on the exercise of the Warrants. If any fraction (calculated to the nearest one-hundredth) of a Warrant Price or a share of securities would, except for the provisions of this Section, be issuable on the exercise of any Warrant, the Company shall, at its option, either issue the required fractional Warrant or share or purchase such fraction for an amount in an account cash equal to the current value of such fraction computed on the basis of the closing market price (as quoted on the Company's principal stock exchange) on the trading day immediately preceding the day upon which such Warrant Certificate was surrendered for exercise in accordance with Section 7 hereof. If the Company's common stock is not quoted on a stock exchange or in the National Association of Securities Dealers Automated Quotation System, then the value shall be the highest bid price quoted for such day as reported by the National Quotation Bureau pink sheets. If there is no active public market, the value shall be the fair market value thereof as reasonably determined in good faith by the Board of Directors of the Company. By accepting a Warrant Certificate, the holder thereof expressly waives any right to receive a Warrant Certificate evidencing any fraction of a Warrant or to receive any fractional share of securities upon exercise of a Warrant, except as expressly provided in this Section 8. Section 9. Reservation of Equity Securities The Company covenants that it will at all times reserve and keep available, free from any pre-emptive rights, out of its authorized and unissued equity securities, solely for the purpose of issue upon exercise of the Warrants, such number of shares of equity securities of the Company maintained with it and as shall advise the Company by telephone at the end of each day on which a payment for then be issuable upon the exercise of all outstanding Warrants is received ("Equity Securities"). The Company covenants that all Equity Securities which shall be so issuable shall, upon such issue, be duly authorized, validly issued, fully paid and non-assessable. The Company covenants that if any equity securities, required to be reserved for the purpose of issue upon exercise of the amount so deposited Warrants hereunder, require registration with or approval of any governmental authority under any federal or state law before such shares may be issued upon exercise of Warrants, the Company will use all commercially reasonable efforts to its account. The Warrant Agent shall promptly confirm cause such telephone advice securities to be duly registered, or approved, as the case may be, and, to the extent practicable, take all such action in anticipation of and prior to the exercise of the Warrants, including, without limitation, filing any and all post-effective amendments to the Company's Registration Statement on Form S-3 (Registration No. 333-75520) necessary to permit a public offering of the securities underlying the Warrants at any and all times during the term of this Agreement, provided, however, that in no event shall such securities be issued, and the Company is authorized to refuse to honor the exercise of any Warrant, if such exercise would result in writingthe opinion of the Company's Board of Directors, upon advice of counsel, in the violation of any law. Section 10. Reduction of Exercise Price Below Par Value Before taking any action that would cause an adjustment pursuant to Section 6 hereof reducing the portion of the Exercise Price required to purchase one share of capital stock below the then par value (if any) of a share of such capital stock, the Company will use its best efforts to take any corporate action which, in the opinion of its counsel, may be necessary in order that the Company may validly and legally issue fully paid and non-assessable shares of such capital stock. Section 11.

Appears in 2 contracts

Samples: Warrant Agreement (Uqm Technologies Inc), Warrant Agreement (Uqm Technologies Inc)

Exercise of Warrants. (a) During All or any part of the period specified in Section 2.2, the Warrants Warrant may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth commencing on the reverse side first anniversary of the Effective Date and ending at 5 p.m. Pacific Time on the fifth anniversary of the Effective Date by surrendering this Warrant Certificate, together with appropriate instructions, duly executed by the Warrantholder or by its duly authorized attorney, at the office of the Company, 4553 Xxxxxxx Xxxxxx, Xxxxx 000, Xxxxxx xxx Xxx, Xxxxxxxxxx 00000, xx at such other office or agency as the Company may designate. The date on which such instructions are received by the Company shall be the date of exercise. If the Holder has elected a Cashless Exercise, such instructions shall so state. Upon receipt of notice of exercise, the Company shall immediately instruct its transfer agent to prepare certificates for the Securities to be received by the Warrantholder upon completion of the Warrant Certificate exercise. When such certificates are prepared, the Company shall notify the Warrantholder and deliver such certificates to the Warrantholder or as per the Warrantholder's instructions immediately upon payment in full by paying in fullthe Warrantholder, in lawful money of the United States States, of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Exercise Price for each Warrant Security payable with respect to which the Securities being purchased, if any. If the Warrantholder shall represent and warrant that all applicable registration and prospectus delivery requirements for their sale have been complied with upon sale of the Securities received upon exercise of the Warrant, such certificates shall not bear a Warrant is being exercised legend with respect to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days Securities Act of such payment by 1933. If fewer than all the Securities purchasable under the Warrant Agent are purchased, the Company will, upon such partial exercise, execute and deliver to the Warrantholder a new Warrant Certificate (dated the date hereof), in form and tenor similar to this Warrant Certificate, evidencing that portion of the Warrant Certificate with the form of election not exercised. The Securities to purchase Warrant Securities set forth be obtained on the reverse side exercise of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, will be deemed to have been issued, and any person exercising the Warrants will be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective deemed to constitute the person so designated to be named as the have become a holder of record of such Warrant Securities on such datethose Securities, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which of the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingExercise Price.

Appears in 2 contracts

Samples: Adstar Com Inc, Adstar Com Inc

Exercise of Warrants. (a) During the period specified in Section 2.22.02, the any whole number of Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate Certificates evidencing such Warrants and by paying in full, full [in lawful money of the United States of America, ] [in cash or applicable currency] [in cash] [by certified check or official bank check or by bank wire transfer, in New York Clearing House fundseach case,] [by bank wire transfer transfer] [in immediately available funds,] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust officeoffice at [address] [or at __________], provided that such exercise is subject to receipt within five business days of such payment [payment] [wire transfer] by the Warrant Agent of the Warrant Certificate evidencing each Warrant exercised with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment for the exercise of the Warrant Price Warrants in an account of the Company maintained with it (or in such other account as may be designated by the Company) and shall advise the Company Company, by telephone or by facsimile transmission or other form of electronic communication available to both parties, at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing. If a day on which Warrants may be exercised in the city in which such Warrants are to be exercised shall be a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed, then, notwithstanding any other provision of this Agreement or the Warrant Certificate evidencing such Warrants, but subject to the limitation that no Warrant may be exercised after the Expiration Date, the Warrants shall be exercisable on the next succeeding day which in such city is not a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed. The Warrant Agent shall, from time to time, as promptly as practicable, advise the Company of (i) the number of Warrants exercised, (ii) the instructions of each Holder of the Warrant Certificates evidencing such Warrants with respect to delivery of the Warrant Securities to be issued upon such exercise, (iii) delivery of any Warrant Certificates evidencing the balance, if any, of the Warrants remaining after such exercise, and (iv) such other information as the Company shall reasonably require. As soon as practicable after the exercise of any Warrant, but subject to receipt by the Warrant Agent of the Warrant Certificate evidencing such Warrant as provided in this Section, the Company shall issue the Warrant Securities to which such Holder is entitled, in fully registered form, registered in such name or names as may be directed by such Holder. If fewer than all of the Warrants evidenced by such Warrant Certificate are exercised, the Company shall execute, and an authorized officer of the Warrant Agent shall manually countersign and deliver, a new Warrant Certificate evidencing the number of such Warrants remaining unexercised. The Company shall not be required to pay any stamp or other tax or other governmental charge required to be paid in connection with any transfer involved in the issuance of the Warrant Securities, and in the event that any such transfer is involved, the Company shall not be required to issue or deliver any Warrant Security until such tax or other charge shall have been paid or it has been established to the Company's satisfaction that no such tax or other charge is due. Prior to the issuance of any Warrants there shall be reserved, and the Company shall at all times keep reserved, out of its authorized but unissued Warrant Securities, a number of shares sufficient to provide for the exercise of the Warrant Certificates.

Appears in 2 contracts

Samples: Preferred Stock Warrant Agreement (Donaldson Lufkin & Jenrette Inc /Ny/), Preferred Stock Warrant Agreement (Credit Suisse First Boston Usa Inc)

Exercise of Warrants. (a) During All or any part of the period specified in Section 2.2, the Warrants Warrant may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth commencing on the reverse side first anniversary of the Effective Date and ending at 5:00 p.m. Pacific Time on the fifth anniversary of the Effective Date by surrendering this Warrant Certificate, together with appropriate instructions, duly executed by the Warrantholder or by its duly authorized attorney, at the office of the Company, 434 Olds Station Road, Wenatchee, Washington 98801, attention: Presidxxx, xx xx xxxx xxxxx xxxxxx xx xxxxxx xx xxx Xxxxany may designate. Upon receipt of notice of exercise, the Company shall immediately instruct its transfer agent to prepare certificates for the Securities to be received by the Warrantholder upon completion of the Warrant Certificate exercise. When such certificates are prepared, the Company shall notify the Warrantholder and deliver such certificates to the Warrantholder or as per the Warrantholder's instructions immediately upon payment in full by paying in fullthe Warrantholder, in lawful money of the United States States, of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Exercise Price for each Warrant Security payable with respect to which the Securities being purchased. If the Warrantholder shall represent and warrant that all applicable registration and prospectus delivery requirements for their sale have been complied with upon sale of the Securities received upon exercise of the Warrant, such certificates shall not bear a Warrant is being exercised legend with respect to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days Securities Act of such payment by 1933. If fewer than all the Securities purchasable under the Warrant Agent are purchased, the Company will, upon such partial exercise, execute and deliver to the Warrantholder a new Warrant Certificate (dated the date hereof), in form and tenor similar to this Warrant Certificate, evidencing that portion of the Warrant Certificate with the form of election not exercised. The Securities to purchase Warrant Securities set forth be obtained on the reverse side exercise of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, will be deemed to have been issued, and any person exercising the Warrants will be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective deemed to constitute the person so designated to be named as the have become a holder of record of such Warrant Securities on such datethose Securities, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which of the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingExercise Price.

Appears in 2 contracts

Samples: Pacific Aerospace & Electronics Inc, Pacific Aerospace & Electronics Inc

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants A Warrant may be exercised upon surrender to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side Company at its principal office of the Warrant Certificate and by paying in fullcertificate or certificates evidencing the Warrants to be exercised, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate together with the form of election to purchase Warrant Securities set forth on the reverse side thereof duly filled in and signed, (and upon payment to the Company for the account of the Company in accordance with the provisions of Sections 9 and 10 hereof), for the number of shares of Common Stock in respect of which such Warrants are then exercised. Payment of the aggregate Warrant Certificate properly completed Price shall be made by check, Cashier's Check, money order, or any combination thereof. Subject to Section 6 hereof, upon such surrender of Warrants and duly executed. The date on which payment in full of the Warrant Price is received by as aforesaid, the Warrant Agent shallCompany shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the Holder and in such name or names as the Holder may designate, subject a certificate or certificates for the number of full shares of Common Stock so purchased upon the exercise of such Warrants, together with cash, as provided in Section 11 hereof, in respect of any fractional shares of Common Stock otherwise issuable upon such surrender. Such certificate or certificates shall be deemed to receipt have been issued and any person so designated to be named therein shall be deemed to have become a holder of record of such Common Stock as of the date of the surrender of such Warrants and payment of the Warrant Certificate Price, as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt surrender of such Warrant Certificates Warrants and payment in full of the Warrant Price, the transfer books for the Warrant Securities Common Stock or other class of stock purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Common Stock in respect of which such Warrants are then exercised shall be issuable as of the date on which such next succeeding day on which the transfer books shall next be opened, opened (whether before or after the Expiration Date) and until such date the Company shall be under no duty to deliver any certificate for such Warrant SecuritiesCommon Stock; provided further, however, that the transfer books of record, unless otherwise required by law, shall not be closed at any one time for a period longer than twenty days. The Warrant Agent rights of purchase represented by the Warrants shall deposit all funds received by it in payment be exercisable, at the election of the Warrant Price Holders thereof, either in an account full or from time to time in part and, in the event that a certificate evidencing Warrants is exercised in respect of less than all of the Company maintained with it and shall advise Common Stock purchasable on such exercise at any time prior to the Company by telephone at the end date of each day on which a payment for the exercise of Warrants is received expiration of the amount so deposited to its account. The Warrants, a new certificate evidencing the remaining Warrant Agent shall promptly confirm such telephone advice to the Company in writingor Warrants will be issued.

Appears in 2 contracts

Samples: Restatement of Agreement and Plan of Reorganization (Pacific Community Banking Group), Restatement of Agreement and Plan of Reorganization (Pacific Community Banking Group)

Exercise of Warrants. (a) During the period specified in Section 2.2A Holder may exercise a Warrant by delivering, the not later than 5:00 P.M., New York time, on [Unless Warrants may be exercised on only one date: any Business Day during the Exercise Period (the "Exercise Date")] [If Warrants may be exercised on only one date: the Expiration Date] to the Warrant Agent at its corporate trust department (i) the Warrant Certificate evidencing the Warrants to be exercised, [If Warrants are to be issued in Book-Entry form: and, in the case of a Global Warrant Certificate, the Warrants to be exercised (the "Book-Entry Warrants") free on the records of the Depositary to an account of the Warrant Agent at the Depositary designated for such purpose in writing by the Warrant Agent to the Depositary from time to time,] (ii) an election to purchase a whole number of the Warrant Securities in registered form ("Election to Purchase"), [For definitive Warrant Certificates: properly completed and executed by providing certain information as set forth the Holder on the reverse side of the Warrant Certificate Certificate] [If Warrants are to be issued in Book-Entry form: or, in the case of a Global Warrant Certificate, properly executed by the Participant and by paying substantially in full, the form included on the reverse of each Warrant Certificate,] and (iii) the Exercise Price for each Warrant to be exercised in lawful money of the United States of America, [in cash or America by certified check or official bank check in New York Clearing House funds] [or by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days . If any of such payment by the Warrant Agent of (a) the Warrant Certificate with [If Warrants are to be issued in Book-Entry form: or the form of election Book-Entry Warrants,] (b) the Election to purchase Warrant Securities set forth on Purchase, or (c) the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Exercise Price therefor, is received by the Warrant Agent shallafter 5:00 P.M., subject to receipt of New York time, on [Unless Warrants may be exercised on only one date: the Warrant Certificate as aforesaidspecified Exercise Date, the Warrants will be deemed to be received and exercised on the Business Day next succeeding the Exercise Date. If the date on which specified as the Warrant Exercise Date is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Pricenot a Business Day, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall will be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated deemed to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business received and exercised on the next succeeding day on which is a Business Day. If the transfer books for Warrants are received or deemed to be received after] the Expiration Date, the exercise thereof will be null and void and any funds delivered to the Warrant Securities purchasable upon Agent will be returned to the exercise of such Holder [If Warrants shall are to be openedissued in Book-Entry form: or Participant, and as the certificates for case may be,] as soon as practicable. In no event will interest accrue on funds deposited with the Warrant Securities Agent in respect of which an exercise or attempted exercise of Warrants. The validity of any exercise of Warrants will be determined by the Warrant Agent in its sole discretion and such Warrants are then exercised determination will be final and binding upon the Holder and the Company. Neither the Company nor the Warrant Agent shall be issuable as have any obligation to inform a Holder of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver invalidity of any certificate for such Warrant Securitiesexercise of Warrants. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Exercise Price in an the account of the Company maintained with it the Warrant Agent for such purpose and shall advise the Company by telephone at the end of each day on which a payment funds for the exercise of the Warrants is are received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone telephonic advice to the Company in writing.

Appears in 2 contracts

Samples: Warrant Agreement (Forest City Enterprises Inc), Warrant Agreement (Citizens Communications Co)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaidin accordance with this Section 2.3(a), be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingit.

Appears in 2 contracts

Samples: Warrant Agreement (TerrAscend Corp.), Warrant Agreement (TerrAscend Corp.)

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Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Debt Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Debt Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Debt Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Debt Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Debt Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.for

Appears in 2 contracts

Samples: Warrant Agreement (Aptevo Therapeutics Inc.), Warrant Agreement (Aptevo Therapeutics Inc.)

Exercise of Warrants. A Registered Holder may exercise a Warrant by delivering, not later than 5:00 P.M., New York time, on any Business Day during the Exercise Period (athe "Exercise Date") During to the period specified Warrant Agent at its corporate trust department (i) the Warrant Certificate evidencing the Warrants to be exercised, or, in Section 2.2the case of a Book-Entry Warrant Certificate, the Warrants may to be exercised (the "Book-Entry Warrants") free on the records of the Depository to an account of the Warrant Agent at the Depository designated for such purpose in writing by the Warrant Agent to the Depository from time to time, (ii) an election to purchase a whole number of Warrant Securities in registered form the Shares underlying the Warrants to be exercised ("Election to Purchase"), properly completed and executed by providing certain information as set forth the Registered Holder on the reverse side of the Warrant Certificate or, in the case of a Book-Entry Warrant Certificate, properly delivered by the Participant in accordance with the Depository's procedures, and by paying in full, (iii) the Exercise Price for each Warrant to be exercised in lawful money of the United States of America, [in cash or America by certified check or official bank check in New York Clearing House funds] [or by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days . If any of such payment by the Warrant Agent of (A) the Warrant Certificate with or the form of election Book-Entry Warrants, (B) the Election to purchase Warrant Securities set forth on Purchase, or (C) the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Exercise Price therefor, is received by the Warrant Agent shallafter 5:00 P.M., subject to receipt of New York time, on the Warrant Certificate as aforesaidspecified Exercise Date, the Warrants will be deemed to be received and exercised on the Business Day next succeeding the Exercise Date. If the date on which specified as the Warrant Exercise Date is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Pricenot a Business Day, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall will be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated deemed to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business received and exercised on the next succeeding day on which that is a Business Day. If the transfer books for Warrants are received or deemed to be received after the Expiration Date, the exercise thereof will be null and void and any funds delivered to the Warrant Securities purchasable upon Agent will be returned to the exercise of such Warrants shall be openedRegistered Holder or Participant, and as the certificates for case may be, as soon as practicable. In no event will interest accrue on funds deposited with the Warrant Securities Agent in respect of which an exercise or attempted exercise of Warrants. The validity of any exercise of Warrants will be determined by the Company in its sole discretion and such Warrants are then exercised determination will be final and binding upon the Registered Holder and the Warrant Agent. Neither the Company nor the Warrant Agent shall be issuable as have any obligation to inform a Registered Holder of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver invalidity of any certificate for such Warrant Securitiesexercise of Warrants. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Exercise Price in an the account of the Company maintained with it the Warrant Agent for such purpose and shall advise the Company by telephone at the end of each day on which a payment funds for the exercise of the Warrants is are received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone telephonic advice to the Company in writing.

Appears in 2 contracts

Samples: Warrant Agreement (Treehouse Partners CORP), Warrant Agreement (Treehouse Partners CORP)

Exercise of Warrants. (a) During the period specified in Section 2.22.02, the any whole number of Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate Certificates evidencing such Warrants and by paying in full, full [in lawful money of the United States of America, ] [in cash or applicable currency] [in cash] [by certified check or official bank check or by bank wire transfer, in New York Clearing House fundseach case,] [by bank wire transfer transfer] [in immediately available funds,] the Warrant Price for each Warrant Security with exercised [(plus accrued interest, if any, on the Warrant Securities to be issued upon exercise of such Warrant from and including the Interest Payment Date (as defined in the Indenture), if any, in respect of such Warrant Securities immediately preceding the Exercise Date to and including the Exercise Date (unless the Exercise Date is after the Regular Record Date (as defined in the Indenture), if any, for such Interest Payment Date, but on or before the immediately succeeding Interest Payment Date for such Warrant Securities, in which a event no such accrued interest shall be payable in respect of Warrant is being exercised Securities to be issued in registered form))] to the Warrant Agent at its corporate trust officeoffice at [address] [or at ], provided that such exercise is subject to receipt within five business days of such payment [payment] [wire transfer] by the Warrant Agent of the Warrant Certificate evidencing each Warrant exercised with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. [Cashless Exercise Option] The date on which payment in full of the Warrant Price (plus any such accrued interest) is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment for the exercise of the Warrant Price Warrants in an account of the Company maintained with it (or in such other account as may be designated by the Company) and shall advise the Company Company, by telephone or by facsimile transmission or other form of electronic communication available to both parties, at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing. If a day on which Warrants may be exercised in the city in which such Warrants are to be exercised shall be a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed, then, notwithstanding any other provision of this Agreement or the Warrant Certificate evidencing such Warrants, but subject to the limitation that no Warrant may be exercised after the Expiration Date, the Warrants shall be exercisable on the next succeeding day which in such city is not a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed. The Warrant Agent shall, from time to time, as promptly as practicable, advise the Company and the Trustee in writing of (i) the number of Warrants exercised, (ii) the instructions of each Holder of the Warrant Certificates evidencing such Warrants with respect to delivery of the Warrant Securities to be issued upon such exercise, (iii) delivery of any Warrant Certificates evidencing the balance, if any, of the Warrants remaining after such exercise, and (iv) such other information as the Company or the Trustee shall reasonably require. As soon as practicable after the exercise of any Warrant, but subject to receipt by the Warrant Agent of the Warrant Certificate evidencing such Warrant as provided in this Section, the Company shall issue[, pursuant to the Indenture, in authorized denominations to or upon the order of the Holder of the Warrant Certificate evidencing each Warrant,] the Warrant Securities to which such Holder is entitled, in fully registered form, registered in such name or names as may be directed by such Holder. If fewer than all of the Warrants evidenced by such Warrant Certificate are exercised, the Company shall execute, and an authorized officer of the Warrant Agent shall manually countersign and deliver, a new Warrant Certificate evidencing the number of such Warrants remaining unexercised. The Company shall not be required to pay any stamp or other tax or other governmental charge required to be paid in connection with any transfer involved in the issuance of the Warrant Securities, and in the event that any such transfer is involved, the Company shall not be required to issue or deliver any Warrant Security until such tax or other charge shall have been paid or it has been established to the Company's satisfaction that no such tax or other charge is due.

Appears in 2 contracts

Samples: Warrant Agreement (Comcast Corp), Warrant Agreement (El Paso Capital Trust Ii)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] , the Warrant Strike Price for each Warrant Security with respect to which a Warrant is the applicable Warrants are being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Strike Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Strike Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Strike Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Strike Price in an account of the Company maintained with it and shall advise the Company by telephone e-mail at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 2 contracts

Samples: Warrant Agreement (Medical Nutrition Usa Inc), Warrant Agreement (Medical Nutrition Usa Inc)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants A Warrant may be exercised upon surrender to purchase a whole number the Company in care of Warrant Securities in registered form by providing certain information as set forth on the reverse side Secretary of the Company, of the Warrant Certificate to be exercised, together with the duly completed and by paying in fullsigned form of Election to Purchase attached hereto, in lawful money and upon payment to the Company of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each the number of Warrant Security with Shares in respect to of which a such Warrant is being exercised then exercised. Payment of the aggregate Warrant Price shall be made by wire transfer of immediately available funds in accordance with written wire transfer instructions to the Warrant Agent at its corporate trust office, be provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent Company. Subject to Section 8, upon such surrender of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by as aforesaid, the Company shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the Holder and in such name or names as the Holder may designate, a certificate or certificates for the number of full Warrant Agent shallShares so purchased upon the exercise of such Warrants, subject together with cash, as provided in Section 8, in respect of any fractional Warrant Share otherwise issuable upon such surrender. Such certificates or certificates shall be deemed to receipt have been issued and any person so designated to be named therein shall be deemed to have become a holder of record of such Warrant Shares as of the date of the surrender of such Warrants and payment of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercisedPrice; provided, however, that if, at the date of receipt surrender of such Warrant Certificates and payment in full of the such Warrant Price, the transfer books for the Warrant Securities Shares or other class of stock purchasable upon the exercise of such Warrants Warrant shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Shares in respect of which such Warrants are Warrant is then exercised shall be issuable as of the date on which such next succeeding day on which the transfer books shall next be opened, opened (whether before or after the Expiration Date) and until such date the Company shall be under no duty to deliver any certificate for such Warrant SecuritiesShares; provided, further that the transfer books, unless otherwise required by law, shall not be closed at any one time for a period longer than 20 days. The rights of purchase represented by the Warrant Agent shall deposit be exercisable, at the election of the Holders thereof, either in full or from time to time in part. If a Warrant is exercised in respect of less than all funds received by it in payment of the Warrant Price in an account of Shares purchasable on such exercise at any time prior to the Expiration Date, a new Warrant evidencing the remaining Warrant Shares will be issued, and the Company maintained with it and shall advise deliver the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The new Warrant Agent shall promptly confirm such telephone advice pursuant to the Company in writingprovisions of this Section.

Appears in 2 contracts

Samples: Purchase Agreement (Saxon Petroleum Inc), Forest Oil Corp

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of the Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 2 contracts

Samples: Preferred Stock Warrant Agreement (Cerus Corp), Warrant Agreement (Cerus Corp)

Exercise of Warrants. (a) During i)During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Debt Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Debt Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Debt Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Debt Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Debt Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Debt Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Debt Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 2 contracts

Samples: Warrant Agreement (Fastly, Inc.), Warrant Agreement (Fastly, Inc.)

Exercise of Warrants. (a) During Subject to the period specified in Section 2.2provisions of this Agreement, each registered holder of Warrants shall have the Warrants right which may be exercised through ____________, 2005 commencing from the Effective Date and ending at the close of business on __________, 2005 to purchase a whole from the Company (and the Company shall issue and sell to such registered holder of Warrants) the number of Warrant Securities fully paid and non-assessable Common Shares specified in registered form by providing certain information as set forth on such Warrants, upon surrender to the reverse side Company at the office of the Warrant Certificate Agent of such Warrants, with the form of election to purchase duly filled in and by paying in fullsigned, in lawful money and upon payment to the order of the United States Company of Americathe Warrant Price, [determined in accordance with Sections 10 and 11 herein, for the number of shares in respect of which such Warrants are then exercised. Payment of such Warrant Price shall be made in cash or by certified check or official bank check draft or postal or express money order payable, in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised United States dollars, to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent order of the Warrant Certificate with the form Company. No adjustment shall be made for any dividends on any Common Shares issuable upon exercise of election a Warrant. Subject to purchase Warrant Securities set forth on the reverse side Section 7, upon such surrender of the Warrant Certificate properly completed Warrants, and duly executed. The date on which payment in full of the Warrant Price is received by as aforesaid, the Warrant Agent shallCompany shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the registered holder of such Warrants and in such name or names as such registered holder may designate, subject a certificate or certificates for the largest number of whole Common Shares so purchased upon the exercise of such Warrants. The Company shall not be required to receipt issue any fraction of a share of Common Stock or make any cash or other adjustment except as provided in Section 12 herein, in respect of any fraction of a Common Share otherwise issuable upon such surrender. Such certificate or certificates shall be deemed to have been issued and any person so designated to be named therein shall be deemed to have become a holder of record of such shares as of the date of the surrender of such Warrants and payment of the Warrant Certificate Price as aforesaid, be deemed to be the date on which the Warrant is exercised; aforesaid provided, however, that if, at the date of receipt surrender of such Warrant Certificates Warrants and payment in full of the such Warrant Price, the transfer books for the Warrant Securities Common Shares or other class of stock purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities shares in respect of which such Warrants are then exercised shall be issuable as of the date on which such next succeeding day on which the transfer books shall next be opened, oened and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securitiesshares; provided, further, however, that the transfer books aforesaid, unless otherwise required by law or by applicable rule of any national securities exchange, shall not be closed at any one time for a period longer than 20 days. The rights of purchase represented by the Warrants shall be exercisable, at the election of the registered holders thereof, either as an entirety or from time to time for part only of the shares specified therein and, in the event that any Warrant is exercised in respect of less than all of the shares specified therein at any time prior to the date of expiration of the Warrant, a new Warrant or Warrants will be issued to such registered holder for the remaining number of shares specified in the Warrant so surrendered, and the Warrant Agent shall deposit all funds received by it in payment is hereby irrevocably authorized to countersign and to deliver the required new Warrants pursuant to the provisions of this Section during the Warrant Price in an account exercise period, and the Company, whenever requested by the Warrant Agent, will supply the Warrant Agent with Warrants duly executed on behalf of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingpurpose.

Appears in 2 contracts

Samples: Warrant Agreement (N Gen Solutions Com Inc), Warrant Agreement (N Gen Solutions Com Inc)

Exercise of Warrants. (a) During Subject to the period specified in Section 2.2provisions of this Agreement, each registered holder of Warrants shall have the Warrants right, which may be exercised as in such Warrant Certificates expressed, to purchase a whole from the Company (and the Company shall issue and sell to such registered holders of Warrants) all or part of the number of fully paid and nonassessable shares of Warrant Securities Common Stock specified in registered such Warrant Certificates (subject to the adjustments as herein provided), upon surrender to the Company at the office of the Warrant Agent designated for such purpose, of such Warrant Certificates with the exercise form by providing certain information as set forth on the reverse side thereof duly filled in and signed and affixed with signature medallion guarantee, and upon payment to the Warrant Agent to the account of the Warrant Certificate and by paying in full, in lawful money Company of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each the number of shares of Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Common Stock in respect of which such Warrants are then exercised exercised. The date of exercise of any Warrant shall be issuable as of deemed to be the date of its receipt by the Warrant Agent duly filled in and signed and accompanied by proper funds as hereinafter provided. Payment of such Warrant Price may be made in wire transfer in immediately available funds, cash, or by certified or official bank check. No adjustment shall be made for any cash dividends on shares of Warrant Common Stock issuable upon exercise of a Warrant. Upon such next succeeding day on which the transfer books shall next be openedsurrender of Warrants, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account as aforesaid, the Company shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the Company maintained registered holder of such Warrants and in such name or names as such registered holder may designate, a certificate or certificates for the number of full shares of Warrant Common Stock so purchased upon the exercise of such Warrants together with it and shall advise the Company by telephone at the end cash as provided in Section 11 of each day on which this Agreement, in respect of any fraction of a payment share of such stock issuable upon such surrender. Each person in whose name any certificate for shares of Common Stock is issued upon the exercise of Warrants is received shall for all purposes be deemed to have become the holder of record of the amount so deposited to its account. The Common Stock represented thereby on, and such certificate shall be dated, the date upon which the Warrant Agent shall promptly confirm Certificate evidencing such telephone advice to Warrants was duly surrendered and payment of the Warrant Price (and any applicable transfer taxes) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Stock transfer books of the Company in writingare closed, such person shall be deemed to have become the record holder of such shares on, and such certificate shall be dated, the next succeeding business day on which the Common Stock transfer books of the Company are open.

Appears in 2 contracts

Samples: Warrant Agreement (Auxilium Pharmaceuticals Inc), Warrant Agreement (Perseus Soros Biopharmaceutical Fund Lp)

Exercise of Warrants. A Registered Holder may exercise a Warrant by delivering, not later than 5:00 P.M., New York time, on any Business Day during the Exercise Period (athe “Exercise Date”) During to the period specified Warrant Agent at its corporate trust department (i) the Warrant Certificate evidencing the Warrants to be exercised, or, in Section 2.2the case of a Book-Entry Warrant Certificate, the Warrants may to be exercised (the “Book-Entry Warrants”) free on the records of the Depository to an account of the Warrant Agent at the Depository designated for such purpose in writing by the Warrant Agent to the Depository from time to time, (ii) an election to purchase a whole number of Warrant Securities in registered form the Shares underlying the Warrants to be exercised (“Election to Purchase”), properly completed and executed by providing certain information as set forth the Registered Holder on the reverse side of the Warrant Certificate or, in the case of a Book-Entry Warrant Certificate, properly delivered by the Participant in accordance with the Depository’s procedures, and by paying in full, (iii) the Exercise Price for each Warrant to be exercised in lawful money of the United States of America, [in cash or America by certified check or official bank check in New York Clearing House funds] [or by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days . If any of such payment by the Warrant Agent of (A) the Warrant Certificate with or the form of election Book-Entry Warrants, (B) the Election to purchase Warrant Securities set forth on Purchase, or (C) the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Exercise Price therefor, is received by the Warrant Agent shallafter 5:00 P.M., subject to receipt of New York time, on the Warrant Certificate as aforesaidspecified Exercise Date, the Warrants will be deemed to be received and exercised on the Business Day next succeeding the Exercise Date. If the date on which specified as the Warrant Exercise Date is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Pricenot a Business Day, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall will be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated deemed to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business received and exercised on the next succeeding day on which that is a Business Day. If the transfer books for Warrants are received or deemed to be received after the Expiration Date, the exercise thereof will be null and void and any funds delivered to the Warrant Securities purchasable upon Agent will be returned to the exercise of such Warrants shall be openedHolder or Participant, and as the certificates for case may be, as soon as practicable. In no event will interest accrue on funds deposited with the Warrant Securities Agent in respect of which an exercise or attempted exercise of Warrants. The validity of any exercise of Warrants will be determined by the Company in its sole discretion and such Warrants are then exercised determination will be final and binding upon the Holder and the Warrant Agent. Neither the Company nor the Warrant Agent shall be issuable as have any obligation to inform a Holder of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver invalidity of any certificate for such Warrant Securitiesexercise of Warrants. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Exercise Price in an the account of the Company maintained with it the Warrant Agent for such purpose and shall advise the Company by telephone at the end of each day on which a payment funds for the exercise of the Warrants is are received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone telephonic advice to the Company in writing.

Appears in 2 contracts

Samples: Warrant Agreement (Ad.Venture Partners, Inc.), Warrant Agreement (Ad.Venture Partners, Inc.)

Exercise of Warrants. (a) During Subject to the period specified in Section 2.2provisions of this Agreement, each registered holder of Warrants shall have the Warrants right, which may be exercised as in such Warrant Certificates expressed, to purchase a whole from the Company (and the Company shall issue and sell to such registered holders of Warrants) all or part of the number of fully paid and nonassessable shares of Warrant Securities Common Stock specified in registered such Warrant Certificates (subject to the adjustments as herein provided), upon surrender to the Company at the office of the Warrant Agent designated for such purpose, of such Warrant Certificates with the exercise form by providing certain information as set forth on the reverse side thereof duly filled in and signed, and upon payment to the Warrant Agent to the account of the Warrant Certificate and by paying in full, in lawful money Company of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each the number of shares of Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Common Stock in respect of which such Warrants are then exercised exercised. The date of exercise of any Warrant shall be issuable as of deemed to be the date of its receipt by the Warrant Agent duly filled in and signed and accompanied by proper funds as hereinafter provided. Payment of such Warrant Price may be made in wire transfer in immediately available funds, cash, or by certified or official bank check. No adjustment shall be made for any cash dividends on shares of Warrant Common Stock issuable upon exercise of a Warrant. Upon such next succeeding day on which the transfer books shall next be openedsurrender of Warrants, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account as aforesaid, the Company shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the Company maintained registered holder of such Warrants and in such name or names as such registered holder may designate, a certificate or certificates for the number of full shares of Warrant Common Stock so purchased upon the exercise of such Warrants together with it and shall advise the Company by telephone at the end cash as provided in Section 11 of each day on which this Agreement, in respect of any fraction of a payment share of such stock issuable upon such surrender. Each person in whose name any certificate for shares of Common Stock is issued upon the exercise of Warrants is received shall for all purposes be deemed to have become the holder of record of the amount so deposited to its account. The Common Stock represented thereby on, and such certificate shall be dated, the date upon which the Warrant Agent shall promptly confirm Certificate evidencing such telephone advice to Warrants was duly surrendered and payment of the Warrant Price (and any applicable transfer taxes) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Stock transfer books of the Company in writingare closed, such person shall be deemed to have become the record holder of such shares on, and such certificate shall be dated, the next succeeding business day on which the Common Stock transfer books of the Company are open.

Appears in 2 contracts

Samples: Warrant Agreement (Critical Therapeutics Inc), Warrant Agreement (Critical Therapeutics Inc)

Exercise of Warrants. (a) During Method of Exercise of Warrants Subject to Section 4.8, upon and subject to the period specified in Section 2.2provisions hereof, the registered holder of any Warrant may exercise the rights thereby conferred on him to purchase all or any part of the Common Shares to which such Warrant entitles the holder, by surrendering the Warrant Certificate representing such Warrants to the Warrant Agent during the Exercise Period at its principal transfer office in Toronto, Ontario (or at any other place or places that may be exercised designated by the Company from time to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on time with the reverse side approval of the Warrant Agent), with a duly completed and executed subscription form of the registered holder or his executors, administrators or other legal representative or his attorney duly appointed by an instrument in writing in the form and manner satisfactory to the Warrant Agent, substantially in the form attached to the Warrant Certificate and by paying in fullspecifying the number of Common Shares subscribed for together with a certified cheque, money order or bank draft in lawful money of Canada payable to or to the United States order of Americathe Company at par in Toronto, [Ontario in cash an amount equal to the Exercise Price applicable at the time of such surrender in respect of each Common Share subscribed for. A Warrant Certificate with the duly completed and executed subscription form together with the payment of the Exercise Price shall be deemed to be surrendered only upon personal delivery thereof to or, if sent by mail or other means of transmission, upon actual receipt thereof by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect Agent. Upon and subject to the provisions hereof, any beneficial owner of Warrants represented by the CDS Global Warrants may exercise the rights thereby conferred on him to purchase all or any part of the Common Shares to which such Warrant entitles the holder, by causing a Warrant is being exercised CDS Participant to deliver to CDS, on behalf of the beneficial owner, a written notice or an electronic notice through the CDS system of the owner's intention to exercise Warrants (the "Subscription Notice"). Forthwith upon receipt by CDS of such notice, as well as payment for the Exercise Price, CDS shall deliver to the Warrant Agent at confirmation of its corporate trust officeintention to exercise Warrants (the "Confirmation") in a manner acceptable to the Warrant Agent, provided that such including by electronic means through the book-entry only system. CDS will initiate the exercise is subject by way of the Confirmation and forward the aggregate Exercise Price electronically to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject will execute the exercise by issuing to receipt CDS through the book-entry only system the Common Shares to which the exercising beneficial holder is entitled pursuant to the exercise. Any expense associated with the preparation and delivery of Subscription Notice will be for the account of the Warrant Certificate as aforesaidbeneficial owner exercising the Warrants. By causing a CDS Participant to deliver to CDS a Subscription Notice, a beneficial owner shall be deemed to have irrevocably surrendered his, her or its Warrants so exercised and appointed such CDS Participant to act as his, her or its exclusive settlement agent with respect to the exercise and the receipt of Common Shares in connection with the obligations arising from such exercise. Any Subscription Notice which CDS determines to be incomplete, not in proper form or not duly executed shall for all purposes be void and of no effect and the date exercise to which it relates shall be considered for all purposes not to have been exercised thereby. A failure by a CDS Participant to exercise or to give effect to the settlement thereof in accordance with the beneficial owner's instructions will not give rise to any obligations or liability on which the part of the Company or the Warrant Agent to the CDS Participant or the beneficial owner. Notwithstanding any provisions of this Warrant Indenture, a beneficial owner may only exercise his Warrants or take any actions under this Warrant Indenture in accordance with the rules and procedures of CDS. Any subscription referred to in this Section 4.1 shall be signed by the Warrantholder, shall specify the person(s) in whose name such Common Shares are to be issued, the address(es) of such person(s) and the number of Common Shares to be issued to each person, if more than one is exercised; providedso specified. If any of the Common Shares subscribed for are to be issued to (a) person(s) other than the Warrantholder, howeverthe signatures set out in the subscription referred to in subsection 4.1(1) shall be guaranteed by a major Canadian chartered bank, or by a medallion signature guaranteed from a member of a recognized Signature Medallion Guarantee Program and the Warrantholder shall pay to the Company all applicable transfer or similar taxes and the Company shall not be required to issue or deliver certificates evidencing Common Shares unless or until such Warrantholder shall have paid to the Company the amount of such tax or shall have established to the satisfaction of the Company that ifsuch tax has been paid or that no tax is due. If, at the date time of receipt of such Warrant Certificates and payment in full exercise of the Warrant PriceWarrants, in accordance with the provisions of subsection 3.1(1), there are any trading restrictions on the Common Shares pursuant to applicable securities legislation or stock exchange requirements, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closedCompany shall, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which advice of counsel, endorse any certificates representing the transfer books for the Warrant Securities purchasable upon the exercise of Common Shares to such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securitieseffect. The Warrant Agent shall deposit is entitled to assume compliance with all funds received applicable securities legislation unless otherwise notified in writing by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingCompany.

Appears in 1 contract

Samples: Warrant Indenture

Exercise of Warrants. (a) During Subject to the period specified in Section 2.2provisions of this Agreement, each registered holder of Warrants shall have the Warrants right, which may be exercised as in such Warrant Certificates expressed, to purchase a whole from the Company (and the Company shall issue and sell to such registered holders of Warrants) all or part of the number of fully paid and nonassessable shares of Warrant Securities Common Stock specified in registered such Warrant Certificates (subject to the adjustments as herein provided), upon surrender to the Company at the office of the Warrant Agent designated for such purpose, of such Warrant Certificates with the exercise form by providing certain information as set forth on the reverse side thereof duly filled in and signed, and upon payment to the Warrant Agent to the account of the Warrant Certificate and by paying in full, in lawful money Company of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each the number of shares of Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Common Stock in respect of which such Warrants are then exercised exercised. The date of exercise of any Warrant shall be issuable as of deemed to be the date of its receipt by the Warrant Agent duly filled in and signed and accompanied by proper funds as hereinafter provided. Payment of such Warrant Price may be made in wire transfer in immediately available funds, cash, or by certified or official bank check. No adjustment shall be made for any cash dividends on shares of Warrant Common Stock issuable upon exercise of a Warrant. Upon such next succeeding day on which the transfer books shall next be openedsurrender of Warrants, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account as aforesaid, the Company shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the Company maintained registered holder of such Warrants and in such name or names as such registered holder may designate, a certificate or certificates for the number of full shares of Warrant Common Stock so purchased upon the exercise of such Warrants together with it and shall advise the Company by telephone at the end cash as provided in Section 11 of each day on which this Agreement, in respect of any fraction of a payment share of such stock issuable upon such surrender. Each person in whose name any certificate for shares of Common Stock is issued upon the exercise of Warrants is received shall for all purposes be deemed to have become the holder of record of the amount so deposited Common Stock represented thereby on, and such certificate shall be dated, the date upon which the Warrant Certificate evidencing such Warrants was duly surrendered and payment of the Warrant Price (and any applicable transfer taxes) was made; provided, however, that if the date of such surrender and payment is a date upon which the Common Stock transfer books of the Company are closed, such person shall be deemed to its accounthave become the record holder of such shares on, and such certificate shall be dated, the next succeeding business day on which the Common Stock transfer books of the Company are open. The Anything in this Agreement to the contrary notwithstanding, the Warrant Agent shall promptly have no duty (i) to determine or calculate the Warrant Price or (ii) confirm such telephone advice or verify the accuracy or correctness of the Warrant Price; the Warrant Agent’s sole duty under this Section is to accept the Warrant Certificates and take possession for the benefit of the Company in writingof the payment of the Warrant Price delivered to it by a holder of the Warrant Certificate.

Appears in 1 contract

Samples: Form of Warrant Agreement (Critical Therapeutics Inc)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants Warrant Shares may be exercised purchased upon surrender to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side Company at the office or agency of the Warrant Certificate and by paying Agent designated for such purpose in fullthe City of Los Angeles, in lawful money of the United States of Americacertificate or certificates evidencing the Warrants to be exercised, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate together with the form of election to purchase Warrant Securities set forth on the reverse side thereof duly filled in and signed, which signature shall, if the Warrant Shares are to be issued in the name of a person other than the Holder of the Warrant Certificate properly completed Warrant, be guaranteed by a bank or trust company located in the United States or a broker or dealer that is a member of a national securities exchange, and duly executed. The date on which upon payment in full of the Warrant Price is received by to the Warrant Agent shall, subject to receipt for the account of the Company of the Exercise Price (as defined in and determined in accordance with the provisions of Sections 10 and 11 hereof) for the number of Warrant Certificate Shares in respect of which such Warrants are then being exercised. Subject to Section 8 hereof, upon such surrender of Warrants and payment of the Exercise Price as aforesaid, the Company shall issue and cause to be delivered, with all reasonable dispatch, to or upon the written order of the Holder and in such name or names as the Holder may designate, a certificate or certificates for the number of full Warrant Shares so purchased upon the exercise of such Warrants. Such certificate or certificates shall be deemed to have been issued and any person so designated to be named therein shall be deemed to have become a holder of record of such Warrant Shares as of the date on which of the Warrant is exercisedsurrender of such Warrants and payment of the Exercise Price, as aforesaid; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of if such Warrants shall be closedare surrendered, no such receipt of such Warrant Certificates and no such payment of such Warrant the Exercise Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities is paid, on such datea Saturday, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding Sunday or other day on which banking institutions in the City of Los Angeles are authorized or obligated by law or executive order to close, or on a day when the Common Stock transfer books for of the Warrant Securities purchasable upon the exercise of such Warrants shall be openedCompany are closed, and the certificates for the Warrant Securities Shares in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding Monday, Tuesday, Wednesday, Thursday or Friday on which such banking institutions are not so authorized or obligated to close (whether before or after the Expiration Date) and which is a day on which the Common Stock transfer books shall next be opened, and until such date of the Company are open. The rights of purchase represented by the Warrants shall be under no duty exercisable, at the election of the Holders thereof, either in full or from time to deliver any time in part and, in the event that a certificate for such Warrant Securities. The Warrant Agent shall deposit evidencing Warrants is exercised in respect of less than all funds received by it in payment of the Warrant Price in an account Shares specified therein at any time prior to the expiration of such Warrants, a new certificate evidencing the remaining Warrant or Warrants will be issued, and the Warrant Agent is hereby irrevocably authorized to countersign and to deliver the required new Warrant certificates pursuant to the provisions of this subsection and of subsection 2.2 hereof and the Company, whenever required by the Warrant Agent, will supply the Warrant Agent with Warrant certificates duly executed on behalf of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingpurpose.

Appears in 1 contract

Samples: Warrant Agreement (Macneal Schwendler Corp)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants This Warrant may be exercised to purchase a whole number of at the Bank’s Administrative Office at 0000 Xx Xxxxxx Xxxx, Xxxxxxxx, Xxxxxxxxxx 00000, upon presentation and surrender hereof, with the Warrant Securities in registered form by providing certain information as set forth Exercise Form on the reverse side hereof duly completed and signed, and upon payment to the Bank of the Warrant Certificate and by paying Price (as adjusted in fullaccordance with the provisions of Section 9 hereof), for the number of Warrant Shares in lawful money respect of which such Warrant is then exercised. Payment of the aggregate Warrant Price shall be made in cash in United States of Americadollars, [in cash or by certified check or official bank check payable in New York Clearing House funds] [United States dollars to the order of the Bank, or by bank wire transfer any combination thereof. The Bank shall not be required to issue fractional Warrant Shares on the exercise of Warrants. When Warrants shall be presented for exercise in immediately available funds] full at the same time by the same Holder, the number of full Warrant Price for each Shares which shall be issuable upon the exercise thereof shall be computed on the basis of the aggregate number of Warrant Security with respect to which Shares purchasable by such Holder on exercise of the Warrants so presented. If any fraction of a Warrant is being exercised Share would be issuable on the exercise of any Warrants in full, the Bank shall pay an amount in cash equal to the then current market price per Warrant Agent at its corporate trust officeShare multiplied by such fraction. When Warrants shall be presented for exercise as to a specified portion, provided that only full Warrant Shares shall be issuable and a new Warrant shall be issuable evidencing the remaining Warrant or Warrants. Upon such exercise is subject to receipt within five business days surrender of such Warrants and payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by as aforesaid, the Bank or its Warrant Agent shallshall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the Holder and in such name or names as the Holder may designate, subject a certificate or certificates for the number of full Warrant Shares so purchased upon the exercise of such Warrants, together with cash, as provided above in this Section 2, in respect of any fractional Warrant Share otherwise issuable upon such surrender. Such certificate or certificates shall be deemed to receipt have been issued and any person so designated to be named therein shall be deemed to become a holder of record of such Warrant Shares as of the date of the surrender of such Warrants and payment of the Warrant Certificate Price, as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt surrender of such Warrant Certificates Warrants and payment in full of the Warrant Price, the transfer books for the Warrant Securities Shares or other class of stock purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Shares in respect of which such Warrants are then exercised shall be issuable as of the date on which such next succeeding day on which the transfer books shall next be opened, opened (whether before or after the Expiration Date) and until such date the Company Bank shall be under no duty to deliver any certificate for such Warrant SecuritiesShares. The purchase rights represented by the Warrants shall be exercisable, at the election of the Holders thereof, either in full or from time to time in part and, in the event that a Warrant Agent shall deposit is exercised in respect of less than all funds received by it in payment of the Warrant Price in an account Shares purchasable on such exercise at any time prior to the date of expiration of the Company maintained with it and shall advise Warrants, a new Warrant evidencing the Company by telephone at the end of each day on which a payment for remaining Warrant or Warrants will be issued. All Warrants surrendered in the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent rights thereby evidenced shall promptly confirm such telephone advice to be cancelled by the Company in writingBank.

Appears in 1 contract

Samples: Warrant Agreement (Placer Sierra Bancshares)

Exercise of Warrants. (a) During All or any part of the period specified in Section 2.2, the Warrants Warrant may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth commencing on the reverse side first anniversary of the Effective Date and ending at 5:00 p.m. Pacific Time on the fifth anniversary of the Effective Date by surrendering this Warrant Certificate, together with appropriate instructions, duly executed by the Warrantholder or by its duly authorized attorney, at the office of the Company, One S.W. Columbia, Suite 1105, Xxxxxxxx, Xxxxxx 00000, or at such other office or agency as the Company may designate. Upon receipt of notice of exercise, the Company shall immediately instruct its transfer agent to prepare certificates for the Securities to be received by the Warrantholder upon completion of the Warrant Certificate exercise. When such certificates are prepared, the Company shall notify the Warrantholder and deliver such certificates to the Warrantholder or as per the Warrantholder's instructions immediately upon payment in full by paying in fullthe Warrantholder, in lawful money of the United States States, of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Exercise Price for each Warrant Security payable with respect to which the Securities being purchased. If the Warrantholder shall represent and warrant that all applicable registration and prospectus delivery requirements for their sale have been complied with upon sale of the Securities received upon exercise of the Warrant, such certificates shall not bear a Warrant is being exercised legend with respect to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days Securities Act of such payment by 1933. If fewer than all the Securities purchasable under the Warrant Agent are purchased, the Company will, upon such partial exercise, execute and deliver to the Warrantholder a new Warrant Certificate (dated the date hereof), in form and tenor similar to this Warrant Certificate, evidencing that portion of the Warrant Certificate with the form of election not exercised. The Securities to purchase Warrant Securities set forth be obtained on the reverse side exercise of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, will be deemed to have been issued, and any person exercising the Warrants will be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective deemed to constitute the person so designated to be named as the have become a holder of record of such Warrant Securities on such datethose Securities, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which of the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingExercise Price.

Appears in 1 contract

Samples: Antivirals Inc

Exercise of Warrants. (a) During A Holder may exercise a Warrant by delivering, not later than 5:00 P.M., New York time, on any Business Day during the period specified Exercise Period (the “Exercise Date”) to the Warrant Agent at its office designated for such purpose (i) the Warrant Certificate evidencing the Warrants to be exercised, and, in Section 2.2the case of a Book-Entry Warrant Certificate, the Warrants may to be exercised (the “Book-Entry Warrants”) free on the records of the Depository to an account of the Warrant Agent at the Depository designated for such purpose in writing by the Warrant Agent to the Depository from time to time, (ii) an election to purchase a whole number of Warrant Securities in registered form the Shares underlying the Warrants to be exercised (“Election to Purchase”), properly completed and executed by providing certain information as set forth the Holder on the reverse side of the Warrant Certificate or, in the case of a Book-Entry Warrant Certificate, properly executed by the Participant and by paying substantially in fullthe form included on the reverse of each Warrant Certificate, and (iii) the Exercise Price for each Warrant to be exercised in lawful money of the United States of America, [in cash or America by certified check or official bank check in New York Clearing House funds] [or by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days . If any of such payment by the Warrant Agent of (A) the Warrant Certificate with or the form of election Book-Entry Warrants, (B) the Election to purchase Warrant Securities set forth on Purchase, or (C) the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Exercise Price therefor, is received by the Warrant Agent shallafter 5:00 P.M., subject to receipt of New York time, on the Warrant Certificate as aforesaidspecified Exercise Date, the Warrants will be deemed to be received and exercised on the Business Day next succeeding the Exercise Date. If the date on which specified as the Warrant Exercise Date is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Pricenot a Business Day, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall will be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated deemed to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business received and exercised on the next succeeding day on which that is a Business Day. If the transfer books for Warrants are received or deemed to be received after the Expiration Date, the exercise thereof will be null and void and any funds delivered to the Warrant Securities purchasable upon Agent will be returned to the exercise of such Warrants shall be openedHolder or Participant, and as the certificates for case may be, as soon as practicable. In no event will interest accrue on funds deposited with the Warrant Securities Agent in respect of which an exercise or attempted exercise of Warrants. The validity of any exercise of Warrants will be determined by the Company in its sole discretion and such Warrants are then exercised determination will be final and binding upon the Holder and the Warrant Agent. Neither the Company nor the Warrant Agent shall be issuable as have any obligation to inform a Holder of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver invalidity of any certificate for such Warrant Securitiesexercise of Warrants. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Exercise Price in an the account of the Company maintained with it the Warrant Agent for such purpose and shall reasonably endeavor to advise the Company by telephone at the end of each day on which a payment funds for the exercise of the Warrants is are received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 1 contract

Samples: Common Stock Warrant Agreement (Healthcare Acquisition Partners Corp.)

Exercise of Warrants. (a) During Subject to the period specified in Section 2.2provisions of this Agreement, each registered holder of Warrants shall have the right which may be exercised through _____________, 2006 commencing one year from the Effective Date, provided, however, that prior to the second year after the Effective Date, the Warrants may will be exercised exercisable only if the Underwriter has consented in writing to all of the Warrants being exercisable, and ending at the close of business on _____________, 2006 to purchase a whole from the Company (and the Company shall issue and sell to such registered holder of Warrants) the number of Warrant Securities fully paid and non-assessable Common Shares specified in registered form by providing certain information as set forth on such Warrants, upon surrender to the reverse side Company at the office of the Warrant Certificate Agent of such Warrants, with the form of election to purchase duly filled in and by paying in fullsigned, in lawful money and upon payment to the order of the United States Company of Americathe Warrant Price, [determined in accordance with Sections 10 and 11 herein, for the number of shares in respect of which such Warrants are then exercised. Payment of such Warrant Price shall be made in cash or by certified check or official bank check check, payable in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised United States dollars, to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent order of the Warrant Certificate with the form Company. No adjustments shall be made for any dividends on any Common Shares issuable upon exercise of election a Warrant. Subject to purchase Warrant Securities set forth on the reverse side Section 7, upon such surrender of the Warrant Certificate properly completed Warrants, and duly executed. The date on which payment in full of the Warrant Price is received by as aforesaid, the Warrant Agent shallCompany shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the registered holder of such Warrants and in such name or names as such registered holder may designate, subject a certificate or certificates for the largest number of whole Common Shares so purchased upon the exercise of such Warrants. The Company shall not be required to receipt issue any fraction of a share of Common Stock or make any cash or other adjustment except as provided in Section 12 herein, in respect of any fraction of a Common Share otherwise issuable upon such surrender. Such certificate or certificates shall be deemed to have been issued and any person so designated to be named therein shall be deemed to have become a holder of record of such shares as of the date of the surrender of such Warrants and payment of the Warrant Certificate Price as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt surrender of such Warrant Certificates Warrants and payment in full of the such Warrant Price, the transfer books for the Warrant Securities Common Shares or other class of stock purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities shares in respect of which such Warrants are then exercised shall be issuable as of the date on which such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securitiesshares; provided, further, however, that the transfer books aforesaid, unless otherwise required by law or by applicable rule of any national securities exchange, shall not be closed at any one time for a period longer than 20 days. The Warrant Agent rights of purchase represented by the Warrants shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone be exercisable, at the end election of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.the

Appears in 1 contract

Samples: Warrant Agreement (Euro Tech Holdings Co LTD)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Debt Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Debt Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Debt Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Debt 126534481 v2 Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Debt Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Debt Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Debt Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 1 contract

Samples: Warrant Agreement (Flex Pharma, Inc.)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants A Warrant may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised upon surrender to the Warrant Agent at its corporate trust officeprincipal office of the certificate or certificates evidencing the Warrants to be exercised, provided that such exercise is subject together with the Subscription Form duly completed and signed, which signature shall be guaranteed by an Eligible Institution, and upon payment to receipt within five business days of such payment by the Warrant Agent for the account of the Warrant Certificate Company of the Exercise Price (as defined in Section 9 hereof and subject to adjustment in accordance with the form provisions of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books Section 10 hereof) for the number of Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Shares in respect of which such Warrants are then exercised exercised. Payment of the aggregate Exercise Price shall be issuable made by certified or official bank check. Upon the surrender of Warrants and payment of the Exercise Price as aforesaid, the Warrant Agent shall (i) cause to be issued and delivered as soon as practicable to or upon the written order of the Holder in such name or names as the Holder may designate, a certificate or certificates for the number of full Warrant Shares so purchased upon the exercise of such Warrants and, if the Warrants are exercised in whole, in lieu of any fractional share of the Common Stock to which the Holder shall be entitled, pay to the Holder or such other person as the Holder may designate cash in an amount equal to the closing price per share on the trading day preceding the date of such exercise multiplied by such fraction, and (ii) deliver the other securities and properties receivable upon the exercise of the Warrants pursuant to the provisions of the Warrants. The Company shall promptly provide to the Warrant Agent the cash payable in lieu of a fractional share. No certificate for fractional Warrant Shares will be issued. If permitted by applicable law, such certificate or certificates shall be deemed to have been issued and any person so designated to be named therein shall be deemed to have become a holder of record of such Warrant Shares as of the date on such next succeeding day on which of the transfer books shall next be opened, and until such date receipt by the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in of such Warrants and payment of the Warrant Price in an account Exercise Price, as aforesaid. The rights of purchase represented by the Warrants shall be exercisable, at the election of the Company maintained with it Holders thereof, either in full or from time to time in part, and shall advise in the Company by telephone at the end of each day on which event that a payment for the exercise of certificate evidencing Warrants is received exercised in respect of less than all of the amount so deposited Warrant Shares purchasable on such exercise at any time prior to its account. The the date of expiration of the Warrants, a new certificate evidencing the remaining Warrant or Warrants will be issued to the Holder thereof, and the Warrant Agent shall promptly confirm such telephone advice is hereby authorized to countersign and deliver the required new Warrant certificate or certificates pursuant to the Company in writingprovisions of this Section and Section 2 hereof.

Appears in 1 contract

Samples: Warrant Agreement (Vimrx Pharmaceuticals Inc)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.of

Appears in 1 contract

Samples: Common Stock Warrant Agreement (Idm Pharma, Inc.)

Exercise of Warrants. Each Warrant initially entitles the Holder thereof to purchase 0.33 shares of Common Stock upon payment of the Warrant Price (a) During the period specified as defined in Section 2.2, the Warrants 9 hereof). A Warrant may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised upon surrender to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent principal office in [ ] of the Warrant Certificate certificate or certificates evidencing the Warrants to be exercised, together with the form of election to purchase Warrant Securities set forth on the reverse side thereof duly filled in and signed, which signature shall be guaranteed by a member of a recognized guarantee medallion program, and upon payment to the Warrant Agent for the account of the Warrant Certificate properly completed and duly executed. The date on which payment in full Company of the Warrant Price is received by (as defined in and determined in accordance with the Warrant Agent shallprovisions of Sections 9 and 10 hereof), subject to receipt of or in the Warrant Certificate as aforesaidmanner provided in Section 5.3, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the number of Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Shares in respect of which such Warrants are then exercised exercised. Payment of the aggregate Warrant Price shall be issuable made in cash or by certified or official bank check payable to the Warrant Agent, or in the manner provided in Section 5.3. As soon as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent receives a form of election to purchase Warrant Shares, it shall deposit all funds received by it in immediately notify the Company. Subject to Section 6 hereof, upon the surrender of certificate or certificates representing the Warrants and payment of the Warrant Price as aforesaid, the Warrant Agent shall, upon the written order of the Holder and in an such name or names as the Holder may designate, cause to be (a) effected a book-entry transfer crediting the account of such Holder or designee or (b) issued and delivered a certificate or certificates, in each case for the number of full Warrant Shares so purchased upon the exercise of such Warrants, together with cash, as provided in Section 11 hereof, in respect of any fractional Warrant Shares otherwise issuable upon such surrender. If permitted by applicable law, any such certificate or certificates shall be deemed to have been issued or any such book-entry transfer shall be deemed to have been effected, and any person so designated to be named therein shall be deemed to have become a Holder of record of such Warrant Shares, as of the date of the surrender of such Warrants and payment of the Warrant Price. The rights of purchase represented by the Warrants shall be exercisable, at the election of the Holders thereof, either in full or from time to time in part and, if a certificate evidencing Warrants is exercised in respect of less than all of the Warrant Shares purchasable on such exercise at any time prior to the date of expiration of the Warrants, a new certificate evidencing the remaining Warrant or Warrants shall be issued, and the Warrant Agent is hereby irrevocably authorized to countersign and deliver the required new Warrant certificate or certificates pursuant to the provisions of this Section and Section 3, and the Company, whenever required by the Warrant Agent, shall supply the Warrant Agent with Warrant certificates duly executed on behalf of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingpurpose.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Pactrust Bancorp Inc)

Exercise of Warrants. (a) During The registered holder of each Warrant shall have the period specified in Section 2.2right, the Warrants which may be exercised as in such Warrant expressed, to purchase a whole from the Company (and the Company shall issue and sell to such registered holder) the number of Warrant Securities Shares specified in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in fullsuch Warrant, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised upon surrender to the Warrant Agent Company, at its corporate trust office, provided that such exercise is subject to receipt within five business days the office in of such payment by the Warrant Agent of the Warrant Certificate such Warrant, with the form of election to purchase Warrant Securities set forth on the reverse side thereof duly filled in and signed, and upon payment to the Warrant Agent for the account of the Company of the Warrant Certificate properly completed and duly executedExercise Price, determined in accordance with the provisions of Section 9 of this Agreement, for the number of Shares in respect of which such Warrant is then exercised. The date on which payment Payment of such Warrant Exercise Price may be made in full cash, or by certified check or bank draft or postal or express money order, payable in United States dollars, to the order of the Warrant Price is received by the Warrant Agent shallAgent. No adjustment shall be made for any dividends on any Shares issuable upon exercise of any Warrant. Subject to Section 6, subject to receipt upon such surrender of Warrants, and payment of the Warrant Certificate Exercise Price as aforesaid, the Company shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the registered holder of such Warrants, and in such name or names as such registered holder may designate, a certificate or certificates for the number of full Shares so purchased upon the exercise of such Warrants, together with cash, as provided in Section 9 of this Agreement, in respect of any fraction of a Share otherwise issuable upon such surrender. Such certificate or certificates shall be deemed to have been issued and any person so designated to be named therein shall be deemed to have become a holder of record of such Shares as of the date on which of the surrender of such Warrants and payment of the Warrant is exercisedExercise Price as aforesaid; provided, however, that if, at the date of receipt surrender of such Warrants and payment of such Warrant Certificates and payment in full of the Warrant Exercise Price, the transfer books for the Warrant Securities Shares purchasable upon the exercise of such Warrants shall be closed, no such receipt surrender of such Warrant Certificates Warrants and no such payment of such Warrant Exercise Price shall be effective to constitute the person so designated to be named therein as the holder of record of such Warrant Securities Shares on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities Shares for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities Shares purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Shares in respect of which such Warrants are then exercised shall be issuable as of the date on which such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant SecuritiesShares. The rights of purchase represented by the Warrants shall be exercisable, at the election of the registered holders thereof, either as an entirety or from time to time for part only of the Shares specified therein and, in the event that any Warrant is exercised in respect of less than all of the Shares specified therein at any time before the Expiration Date of the Warrants, a new Warrant or Warrants of like tenor will be issued for the remaining number of Shares specified in the Warrant so surrendered, and the Warrant Agent shall deposit all funds received is hereby irrevocably authorized to countersign and to deliver the required new Warrants pursuant to the provisions of this Section and of Section 3 of this Agreement, and the Company, whenever required by it in payment of the Warrant Price in an account Agent, will supply the Warrant Agent with Warrants duly executed on behalf of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingpurpose.

Appears in 1 contract

Samples: Warrant Agreement (New Plan Excel Realty Trust Inc)

Exercise of Warrants. (a) During All or any part of the period specified in Section 2.2, the Warrants Warrant may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth commencing on the reverse side first anniversary of the Effective Date and ending at 5 p.m. Pacific Time on the fifth anniversary of the Effective Date by surrendering this Warrant Certificate, together with written notice of exercise and appropriate instructions, duly executed by the Warrantholder or by its duly authorized attorney, at the office of the Company, 00000 Xxxx Xxxxxxx Xxxx, Xxxxxxxxxx, Xxxxxxxx 00000, or at such other office or agency as the Company may designate. Upon receipt of notice of exercise, the Company shall immediately instruct its transfer agent to prepare certificates for the Securities to be received by the Warrantholder upon completion of the Warrant Certificate exercise. When such certificates are prepared, the Company shall notify the Warrantholder and deliver such certificates to the Warrantholder or as per the Warrantholder's instructions immediately upon payment in full by paying in fullthe Warrantholder, in lawful money of the United States States, of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Exercise Price for each Warrant Security payable with respect to the Securities being purchased. At any time at which the Securities for which the Warrants are exercisable are publicly traded, in lieu of payment of the Exercise Price described above, the Warrantholder may elect to make a Warrant is being exercised "cashless exercise" of Warrants. If the Warrantholder notifies the Company of such election, then (i) the Exercise Price with respect to such exercise shall not be payable, and (ii) the Company will reduce the number of Securities issuable upon such exercise by a number equal to the Warrant Agent at its corporate trust office, provided Exercise Price that would otherwise have been payable upon such exercise is subject to receipt within five business days divided by the closing price of such payment by Securities on the Exercise Date. If the Warrantholder shall represent and warrant that all applicable registration and prospectus delivery requirements for their sale have been complied with upon sale of the Securities received upon exercise of the Warrant, such certificates shall not bear a legend with respect to the Securities Act of 1933. If fewer than all the Securities purchasable under the Warrant Agent are purchased, the Company will, upon such partial exercise, execute and deliver to the Warrantholder a new Warrant Certificate (dated the date hereof), in form and tenor similar to this Warrant Certificate, evidencing that portion of the Warrant Certificate with the form of election not exercised. The Securities to purchase Warrant Securities set forth be obtained on the reverse side exercise of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, will be deemed to have been issued, and any person exercising the Warrants will be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective deemed to constitute the person so designated to be named as the have become a holder of record of such Warrant Securities on such datethose Securities, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which of the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingExercise Price.

Appears in 1 contract

Samples: Dataguard Recovery Services Inc

Exercise of Warrants. (a) a. During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Debt Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Debt Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Debt Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Debt Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Debt Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Debt Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Debt Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Debt Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 1 contract

Samples: Warrant Agreement (Flex Pharma, Inc.)

Exercise of Warrants. (a) During Subject to the period specified in Section 2.2provisions of this Agreement, each registered holder of Warrants shall have the Warrants right, which may be exercised to purchase a whole number commencing at the opening of Warrant Securities in registered form by providing certain information as set forth business on the reverse side first day of the Warrant Certificate Exercise Period, to purchase from the Company (and by paying the Company shall issue and sell to such registered holder of Warrants) the number of fully paid and non-assessable shares of Common Stock specified in full, in lawful money such Warrants upon surrender of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised such Warrants to the Warrant Agent Company at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent office of the Warrant Certificate Agent, with the form of election to purchase Warrant Securities set forth on the reverse side thereof duly filled in and signed, and upon payment to the Company of the Warrant Certificate properly completed warrant price, determined in accordance with the provisions of Sections 9 and duly executed. The date on which payment in full 10 of the Warrant Price is received by the Warrant Agent shallthis Agreement, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise number of such Warrants shall be closed, no such receipt shares of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Common Stock in respect of which such Warrants are then exercised exercised. Payment of such warrant price shall be issuable made in cash or by certified check or bank draft to the order of the Company. Subject to Section 6, upon such surrender of Warrants and payment of the warrant price, the Company shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the registered holder of such Warrants and in such name or names as such registered holder may designate, a certificate or certificates for the number of full shares of Common Stock so purchased upon the exercise of such Warrants. Such certificate or certificates shall be deemed to have been issued, and any person so designated to be named therein shall be deemed to have become a holder of record of such shares of Common Stock, as of the date of the surrender of such Warrants and payment of the warrant price as aforesaid. The rights of purchase represented by the Warrants shall be exercisable, at the election of the registered holders thereof, either as an entirety or from time to time for a portion of the shares specified therein and, in the event that any Warrant is exercised in respect of less than all of the shares of Common Stock specified therein at any time prior to the date of expiration of the Warrants, a new Warrant or Warrants will be issued to the registered holder for the remaining number of shares of Common Stock specified in the Warrant so surrendered, and the Warrant Agent is hereby irrevocably authorized to countersign and to deliver the required new Warrants pursuant to the provisions of this Section and of Section 3 of this Agreement and the Company, whenever requested by the Warrant Agent, will supply the Warrant Agent with Warrants duly executed on behalf of the Company for such next succeeding day purpose. Anything in the foregoing to the contrary notwithstanding, no Warrant will be exercisable unless at the time of exercise the Company has filed with the Securities and Exchange Commission a registration statement under the Securities Act of 1933, as amended (the "Act"), covering the shares of Common Stock issuable upon exercise of such Warrant and such shares have been so registered or qualified or deemed to be exempt under the securities laws of the state of residence of the holder of such Warrant. The Company shall use its best efforts to have all shares so registered or qualified on or before the date on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingbecome exercisable.

Appears in 1 contract

Samples: Warrant Agreement (Flight Safety Technologies Inc)

Exercise of Warrants. (a) During In order to exercise Warrants the period specified -------------------- Holder or Depositary Participant must deposit a notice (the "Exercise Notice") with the Depositary with a copy to the Warrant Agent, before 10:00 a.m., New York time, on any Exercise Date, such Exercise Notice to be in Section 2.2the form (for the time being current) available from the Warrant Agent, and must, in such Exercise Notice: (i) specify the number of Warrants being exercised by the Holder or Depositary Participant; (ii) give an irrevocable authority and instruction to the Depositary to debit, on the first Business Day following the Exercise Date, the Depositary Participant's account pro tanto with the Warrants may be exercised to purchase a whole being --- ----- exercised; (iii) specify the number of the Depositary Participant's account at the Depositary, to be debited with the Warrants; (iv) specify the name and number of the account and the name and address of the relevant bank or other financial institution to which the shares or funds, if applicable, should be transferred or give other appropriate details; and (v) undertake to pay and give instructions for the payment of any applicable stamp duty, stamp duty reserve tax and any other charges, taxes and duties due by reason of exercise of Warrants. As the Warrants are represented by the Global Warrant Securities in registered form by providing certain information as set forth Certificate, a beneficial owner must (at his own expense) complete, sign and deposit such Exercise Notice with the Depositary Participant, whereupon the Depositary shall promptly notify the Warrant Agent of such authority, such deposit and the number of the Warrants to be exercised. Upon exercise of part of a Global Warrant Certificate, the Depositary will note such exercise on the reverse side of the Schedule to such Global Warrant Certificate and the number of Warrants so exercised as represented by paying in fullsuch Global Warrant Certificate shall be cancelled. Upon receipt of an Exercise Notice, the Depositary shall verify that the person exercising the Warrants is the holder thereof according to its books of and records, and, subject thereto, will confirm to the Warrant Agent (a) the number of Warrants being exercised, and (b) the name and number of the account and the name and address of the relevant bank or financial institution to which the shares or the funds, as the case may be, should be transferred (or other appropriate details for the transfer). To be valid, an Exercise Notice must be lodged prior to 10:00 a.m., New York time, on the Exercise Date. Upon receipt thereof by the Warrant Agent, the Exercise Notice may not be withdrawn. The New York Business Day during the Exercise Period on which an Exercise Notice is received, or is deemed to have been received, prior to 10:00 a.m. New York time, as appropriate, by the Depositary, and the copy thereof by the Warrant Agent, is referred to herein as the "Exercise Date". Any Exercise Notice which is delivered to the Depositary and the copy thereof to the Warrant Agent, after 10:00 a.m. New York time, on any given date will be deemed to have been received on the next New York Business Day. Accordingly, in lawful money order to exercise Warrants on the Exercise Date, the relevant Exercise Notice must be received by the Depositary and the copy thereof by the Warrant Agent, no later than 10:00 a.m. New York time on the last day of the United States Exercise Period. Any Exercise Notice received or deemed to have been received after such time shall be void and all rights of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security Warrantholder and any other person hereunder with respect to any Warrants which have not been duly exercised prior to such time shall lapse. Warrants with respect to which a Warrant is being an Exercise Notice has been delivered as set out above shall nonetheless be deemed not to have been exercised to in the event that (A) the Depositary or the Warrant Agent at its corporate trust officeis not satisfied that the person submitting such Exercise Notice is, provided that on the date of receipt, validly entitled to exercise such exercise is subject Warrants or (B) an Exercise Notice has not been delivered in complete or in proper form. Any such Exercise Notice shall for all purposes be void and of no effect and shall be deemed not to receipt within five business days of such payment have been delivered. Any determination by the Depositary or the Warrant Agent as to whether an Exercise Notice is complete or in proper form shall, in the absence of manifest error, be conclusive and binding upon the Company, the Warrantholder and the beneficial owner of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is Warrants exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 1 contract

Samples: Warrant Agreement (Merrill Lynch Preferred Capital Trust V)

Exercise of Warrants. (a) During the period specified in Section 2.22.02, the any whole number of Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate Certificates evidencing such Warrants and by paying in full, full [in lawful money of the United States of America, ] [in cash or applicable currency] [in cash] [by certified check or official bank check or by bank wire transfer, in New York Clearing House fundseach case,] [by bank wire transfer transfer] [in immediately available funds,] the Warrant Price for each Warrant Security with exercised [(plus accrued interest, if any, on the Warrant Securities to be issued upon exercise of such Warrant from and including the Interest Payment Date (as defined in the Indenture), if any, in respect of such Warrant Securities immediately preceding the Exercise Date to and including the Exercise Date (unless the Exercise Date is after the Regular Record Date (as defined in the Indenture), if any, for such Interest Payment Date, but on or before the immediately succeeding Interest Payment Date for such Warrant Securities, in which a event no such accrued interest shall be payable in respect of Warrant is being exercised Securities to be issued in registered form))] to the Warrant Agent at its corporate trust officeoffice at [address] [or at ], provided that such exercise is subject to receipt within five business days of such payment [payment] [wire transfer] by the Warrant Agent of the Warrant Certificate evidencing each Warrant exercised with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. [Insert Cashless Exercise Option provisions, if applicable] The date on which payment in full of the Warrant Price (plus any such accrued interest) is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment for the exercise of the Warrant Price Warrants in an account of the Company maintained with it (or in such other account as may be designated by the Company) and shall advise the Company Company, by telephone or by facsimile transmission or other form of electronic communication available to both parties, at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing. If a day on which Warrants may be exercised in the city in which such Warrants are to be exercised shall be a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed, then, notwithstanding any other provision of this Agreement or the Warrant Certificate evidencing such Warrants, but subject to the limitation that no Warrant may be exercised after the Expiration Date, the Warrants shall be exercisable on the next succeeding day which in such city is not a Saturday or Sunday or a day on which banking institutions in such city are authorized or required to be closed. The Warrant Agent shall, from time to time, as promptly as practicable, advise the Company and the Trustee in writing of (i) the number of Warrants exercised, (ii) the instructions of each Holder of the Warrant Certificates evidencing such Warrants with respect to delivery of the Warrant Securities to be issued upon such exercise, (iii) delivery of any Warrant Certificates evidencing the balance, if any, of the Warrants remaining after such exercise, and (iv) such other information as the Company or the Trustee shall reasonably require. As soon as practicable after the exercise of any Warrant, but subject to receipt by the Warrant Agent of the Warrant Certificate evidencing such Warrant as provided in this Section, the Company shall issue[, pursuant to the Indenture, in authorized denominations to or upon the order of the Holder of the Warrant Certificate evidencing each Warrant,] the Warrant Securities to which such Holder is entitled, in fully registered form, registered in such name or names as may be directed by such Holder. If fewer than all of the Warrants evidenced by such Warrant Certificate are exercised, the Company shall execute, and an authorized officer of the Warrant Agent shall manually countersign and deliver, a new Warrant Certificate evidencing the number of such Warrants remaining unexercised. The Company shall not be required to pay any stamp or other tax or other governmental charge required to be paid in connection with any transfer involved in the issuance of the Warrant Securities, and in the event that any such transfer is involved, the Company shall not be required to issue or deliver any Warrant Security until such tax or other charge shall have been paid or it has been established to the Company’s satisfaction that no such tax or other charge is due.

Appears in 1 contract

Samples: Warrant Agreement (Black Hills Corp /Sd/)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants This Warrant may be exercised to purchase a whole number at the office of the Warrant Securities Agent maintained for that purpose in registered form by providing certain information as set forth Glendale, California, upon presentation and surrender hereof, with the Warrant Exercise Form on the reverse side hereof duly completed and signed, and upon payment of the Warrant Certificate and by paying Price (as adjusted in fullaccordance with the provisions of Section 9 hereof), for the number of Warrant Shares in lawful money respect of which such Warrant is then exercised. Payment of the aggregate Warrant Price shall be made in cash in United States of Americadollars, [in cash or by certified check or official bank check payable in New York Clearing House funds] [United States dollars to the order of the Bank, or by bank wire transfer any combination thereof. The Bank shall not be required to issue fractional Warrant Shares on the exercise of Warrants. When Warrants shall be presented for exercise in immediately available funds] full at the same time by the same Holder, the number of full Warrant Price for each Shares which shall be issuable upon the exercise thereof shall be computed on the basis of the aggregate number of Warrant Security with respect to which Shares purchasable by such Holder on exercise of the Warrants so presented. If any fraction of a Warrant is being exercised Share would be issuable on the exercise of any Warrants in full, the Bank shall pay an amount in cash equal to the then current market price per Warrant Agent at its corporate trust officeShare multiplied by such fraction. When Warrants shall be presented for exercise as to a specified portion, provided that only full Warrant Shares shall be issuable and a new Warrant shall be issuable evidencing the remaining Warrant or Warrants. Upon such exercise is subject to receipt within five business days surrender of such Warrants and payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by as aforesaid, the Bank or its Warrant Agent shallshall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the Holder and in such name or names as the Holder may designate, subject a certificate or certificates for the number of full Warrant Shares so purchased upon the exercise of such Warrants, together with cash, as provided above in this Section 2, in respect of any fractional Warrant Share otherwise issuable upon such surrender. Such certificate or certificates shall be deemed to receipt have been issued and any person so designated to be named therein shall be deemed to become a holder of record of such Warrant Shares as of the date of the surrender of such Warrants and payment of the Warrant Certificate Price, as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt surrender of such Warrant Certificates Warrants and payment in full of the Warrant Price, the transfer books for the Warrant Securities Shares or other class of stock purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Shares in respect of which such Warrants are then exercised shall be issuable as of the date on which such next succeeding day on which the transfer books shall next be opened, opened (whether before or after the Expiration Date) and until such date the Company Bank shall be under no duty to deliver any certificate for such Warrant SecuritiesShares. The purchase rights represented by the Warrants shall be exercisable, at the election of the Holders thereof, either in full or from time to time in part and, in the event that a Warrant Agent shall deposit is exercised in respect of less than all funds received by it in payment of the Warrant Price in an account Shares purchasable on such exercise at any time prior to the date of expiration of the Company maintained with it and shall advise Warrants, a new Warrant evidencing the Company by telephone at the end of each day on which a payment for remaining Warrant or Warrants will be issued. All Warrants surrendered in the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent rights thereby evidenced shall promptly confirm such telephone advice to be cancelled by the Company in writingBank.

Appears in 1 contract

Samples: Discovery Bancorp

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.advise

Appears in 1 contract

Samples: Preferred Stock Warrant Agreement (Aptevo Therapeutics Inc.)

Exercise of Warrants. (a) During [With respect to Warrants evidenced by Warrant Certificates in registered form, during] [During] the period specified in Section 2.22.02, the any whole number of Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate Certificates evidencing such Warrants and by paying in full, full [in lawful money of the United States of America, ] [in cash or applicable currency] [in cash] [by certified check or official bank check or by bank wire transfer, in New York Clearing House fundseach case,] [by bank wire transfer transfer] [in immediately available funds,] the Warrant Price for each Warrant Security with exercised (plus accrued interest, if any, on the Warrant Securities to be issued upon exercise of such Warrant from and including the interest payment date, if any, in respect of such Warrant Securities immediately preceding the Exercise Date to and including the Exercise Date (unless the Exercise Date is after the regular record date in respect of such Warrant Securities, if any, for such interest payment date, but on or before the immediately succeeding interest payment date for such Warrant Securities, in which a event no such accrued interest shall be payable [in respect of Warrant is being exercised Securities to be issued in registered form]) to the Warrant Agent at its corporate trust officeoffice at [___________________], provided that such exercise is subject to receipt within five business days of such payment [payment] [wire transfer] by the Warrant Agent of the Warrant Certificate evidencing each Warrant exercised with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date [With respect to Warrants evidenced by the Global Warrant Certificate, during the period specified in Section 2.02, any whole number of Warrants may be exercised by the Holder by presentation to the Warrant Agent at its office at [address located outside the United States [and the United Kingdom]], at or prior to [time], on any day on which the Warrants are exercisable, of (i) the Global Warrant Certificate [[2: together with, if prior to the Detachable Date, the Temporary Global Security]](12) (or written confirmation reasonably satisfactory to the Warrant Agent that the Global Warrant Certificate [is](13) [and, if prior to the Detachable Date, the Temporary Global Security are](14) held by the Euroclear Operator and Clearstream and will be duly endorsed to reflect the exercise of Warrants [[2: and, if prior to the Detachable Date, the surrender to the Warrant Agent of the Offered Securities to which the Warrants are attached]](15) by the Euroclear Operator and Clearstream), (ii) a duly executed certification from the Euroclear Operator or Clearstream, as the case may be, substantially in the form set forth in Exhibit C hereto and (iii) payment in full [in lawful money of the United States of America] [in applicable currency] [in cash] [by certified check or official bank check or by bank wire transfer, in each case,] [by bank wire transfer] [in immediately available funds,] of the Warrant Price is received by for each Warrant exercised (plus accrued interest, if any, on the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed Securities to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt issued upon exercise of such Warrant Certificates from and payment including the Interest Payment Date, if any, in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record respect of such Warrant Securities on immediately preceding the Exercise Date to and including the Exercise Date (unless the Exercise Date is after the Regular Record Date, if any, for such dateInterest Payment Date, but shall be effective to constitute such person as on or before the holder of record of such Warrant Securities for all purposes at the opening of business on the next immediately succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate Interest Payment Date for such Warrant Securities, in which event no such accrued interest shall be payable in respect of Warrant Securities to be issued in registered form)). Notwithstanding the foregoing, the Holder may exercise Warrants as aforesaid on the Expiration Date at any time prior to [time] in [city of Warrant Agent's office]. ___ Any Warrants exercised as set forth in this paragraph shall be deemed exercised at the [country] office of the Warrant Agent.] [The Warrant Agent shall deposit all funds retain each certificate received by it in payment from the Euroclear Operator or Clearstream through the Expiration Date (or such earlier date by which all of the Warrant Price in an account Warrants may have been exercised or cancelled) and thereafter shall dispose of them or deliver them to the Partnership pursuant to the instructions of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Partnership.] 12 For Warrants is received of the amount so deposited sold attached to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingOffered Securities that are not immediately detachable.

Appears in 1 contract

Samples: Debt Warrant Agreement (Alliance Capital Management L P)

Exercise of Warrants. (a) During All or any part of the period specified in Section 2.2, the Warrants Warrant may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth commencing on the reverse side first anniversary of the Effective Date and ending at 5 p.m. Pacific Time on the fifth anniversary of the Effective Date by surrendering this Warrant Certificate, together with appropriate instructions, duly executed by the Warrantholder or by its duly authorized attorney, at the office of the Company, 3800 Xxxxxxx Xxxxxxxxx, Xxxxx 000, Xxxxxxxxxxx, Xxxxx Xxxxxxxx 00000, xx at such other office or agency as the Company may designate. Upon receipt of notice of exercise, the Company shall immediately instruct its transfer agent to prepare certificates for the Securities to be received by the Warrantholder upon completion of the Warrant Certificate exercise. When such certificates are prepared, the Company shall notify the Warrantholder and deliver such certificates to the Warrantholder or as per the Warrantholder's instructions immediately upon payment in full by paying in fullthe Warrantholder, in lawful money of the United States States, of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Exercise Price for each Warrant Security payable with respect to which the Securities being purchased. If the Warrantholder shall represent and warrant that all applicable registration and prospectus delivery requirements for their sale have been complied with upon sale of the Securities received upon exercise of the Warrant, such certificates shall not bear a Warrant is being exercised legend with respect to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days Securities Act of such payment by 1933. If fewer than all the Securities purchasable under the Warrant Agent are purchased, the Company will, upon such partial exercise, execute and deliver to the Warrantholder a new Warrant Certificate (dated the date hereof), in form and tenor similar to this Warrant Certificate, evidencing that portion of the Warrant Certificate with the form of election not exercised. The Securities to purchase Warrant Securities set forth be obtained on the reverse side exercise of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, will be deemed to have been issued, and any person exercising the Warrants will be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective deemed to constitute the person so designated to be named as the have become a holder of record of such Warrant Securities on such datethose Securities, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which of the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingExercise Price.

Appears in 1 contract

Samples: C3 Inc /Nc/

Exercise of Warrants. (a) During the period specified in Section 2.2A Holder may exercise a Warrant by delivering, the not later than 5:00 P.M., New York time, on [Unless Warrants may be exercised on only one date: any Business Day during the Exercise Period (the “Exercise Date”)] [If Warrants may be exercised on only one date: the Expiration Date] to purchase the Warrant Agent at its corporate trust department (i) the Warrant Certificate evidencing the Warrants to be exercised, [If Warrants are to be issued in Book-Entry form: and, in the case of a whole number Global Warrant Certificate, the Warrants to be exercised (the “Book-Entry Warrants”) free on the records of the Depository to an account of the Warrant Securities Agent at the Depository designated for such purpose in registered form writing by providing certain information as set forth the Warrant Agent to the Depository from time to time,] (ii) an election to [purchase] [sell] the Warrant Property (“Election to [Purchase] [Sell]”), properly completed and executed by the Holder on the reverse side of the Warrant Certificate [If Warrants are to be issued in Book-Entry form: or, in the case of a Global Warrant Certificate, properly executed by the Participant and by paying substantially in full, the form included on the reverse of each Warrant Certificate,] and (iii) the Exercise Price for each Warrant to be exercised in lawful money of the United States of America, [in cash or America by certified check or official bank check in New York Clearing House funds] [or by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days . If any of such payment by the Warrant Agent of (a) the Warrant Certificate with [If Warrants are to be issued in Book-Entry form: or the form of election Book-Entry Warrants,] (b) the Election to purchase Warrant Securities set forth on Purchase, or (c) the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Exercise Price therefor, is received by the Warrant Agent shallafter 5:00 P.M., subject to receipt of New York time, on [Unless Warrants may be exercised on only one date: the Warrant Certificate as aforesaidspecified Exercise Date, the Warrants will be deemed to be received and exercised on the Business Day next succeeding the Exercise Date. If the date on which specified as the Warrant Exercise Date is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Pricenot a Business Day, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall will be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated deemed to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business received and exercised on the next succeeding day on which is a Business Day. If the transfer books for Warrants are received or deemed to be received after] the Expiration Date, the exercise thereof will be null and void and any funds delivered to the Warrant Securities purchasable upon Agent will be returned to the exercise of such Holder [If Warrants shall are to be openedissued in Book-Entry form: or Participant, and as the certificates for case may be,] as soon as practicable. In no event will interest accrue on funds deposited with the Warrant Securities Agent in respect of which an exercise or attempted exercise of Warrants. The validity of any exercise of Warrants will be determined by the Warrant Agent in its sole discretion and such Warrants are then exercised determination will be final and binding upon the Holder and the Company. Neither the Company nor the Warrant Agent shall be issuable as have any obligation to inform a Holder of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver invalidity of any certificate for such Warrant Securitiesexercise of Warrants. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Exercise Price in an the account of the Company maintained with it the Warrant Agent for such purpose and shall advise the Company by telephone at the end of each day on which a payment funds for the exercise of the Warrants is are received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone telephonic advice to the Company in writing.

Appears in 1 contract

Samples: Warrant Agreement (Wachovia Corp New)

Exercise of Warrants. (a) During Subject to the period specified in Section 2.2provisions of this Agreement, each registered holder of Warrants shall have the Warrants right, which may be exercised as expressed in such Warrants, to purchase a whole from the Company (and the Company shall issue and sell to such registered holder of warrants) the number of Warrant Securities fully paid and nonassessable shares of Common Stock specified in registered form by providing certain information as set forth on such Warrants, upon surrender of such Warrants to the reverse side Company at the office of the Warrant Certificate and by paying in fullAgent, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side thereof duly filled in and signed, and upon payment to the Warrant Agent for the account of the Warrant Certificate properly completed and duly executed. The date on which payment in full Company of the Warrant Price is received for the number of shares of common stock in respect of which such Warrants are then exercised. Payment of such Warrant Price may be made in cash, or by certified or official bank check, payable in United States dollars, to the Warrant Agent shall, subject to receipt order of the Warrant Certificate Agent. No adjustment shall be made for any dividends on any shares of Common Stock issuable upon exercise of a Warrant. Upon such surrender of Warrants, and payment of the Warrant Price as aforesaid, the Company shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the registered holder of such Warrants and in such name or names as such registered holder may designate, a certificate or certificates for the number of full shares of Common Stock so purchased upon the exercise of such Warrants. Such certificate or certificates shall be deemed to have been issued and any person so designated to be named therein shall be deemed to have become a holder of record of such shares as of the date on which of the surrender of such Warrants and payment of the Warrant is exercisedPrice as aforesaid; provided, however, that if, at the date of receipt surrender of such Warrant Certificates Warrants and payment in full of the Warrant Price, the transfer books for the Warrant Securities Common Stock or other class of stock purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities shares in respect of which such Warrants are then exercised shall be issuable as of the date on which such next succeeding day on which the transfer books shall next be opened, opened and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securitiesshares; provided further, however, that the transfer books aforesaid, unless otherwise required by law, shall not be closed at any one time for a period longer than 20 days. The rights of purchase represented by the Warrants shall be exercisable, at the election of the registered holders thereof, either as an entirety or from time to time for part only of the shares specified therein, and in the event that any Warrant is exercised in respect of less than all of the shares specified therein, a new Warrant or Warrants will be issued for the remaining number of shares specified in the Warrant so surrendered, and the Warrant Agent shall deposit all funds received is hereby irrevocably authorized to countersign and to deliver the required new Warrants pursuant to the provisions of this Section and of Section 3 of this Agreement and the Company, whenever required by it in payment of the Warrant Price in an account Agent, will supply the Warrant Agent with Warrants duly executed on behalf of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingpurpose.

Appears in 1 contract

Samples: Warrant Agreement (Aarica Holdings Inc)

Exercise of Warrants. (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 1 contract

Samples: Common Stock Warrant Agreement (Xenoport Inc)

Exercise of Warrants. (a) a. During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 1 contract

Samples: Common Stock Warrant Agreement (Flex Pharma, Inc.)

Exercise of Warrants. The Warrants shall expire on January 31, 1998 at 5:00 p.m., New York City time (a) During "Warrant Expiration Date"). Subject to the period specified in Section 2.2provisions of this Agreement, any whole number or all of the Warrants evidenced by a Warrant Certificate may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of at any time before the Warrant Certificate and Expiration Date. A Warrant shall be exercised by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect surrender to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the exercise form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly thereon duly completed and duly executed. The date on which executed and payment in full of the Warrant Price is received by to the Warrant Agent shall, subject to receipt in lawful money of the United States of the Exercise Price for each share of Common Stock purchased. Upon such surrender of a Warrant Certificate and payment of the Exercise Price as aforesaid, the Company shall issue and cause to be delivered with all reasonable dispatch to or upon the written order of the registered holder of such Warrant Certificate and in such name or names as such registered holder may designate, a certificate or certificates for the number of full shares of Common Stock so purchased upon the exercise of such Warrants. Such certificate or certificates shall be deemed to be the date on which the Warrant is exercised; provided, however, that if, at issued as of the date of receipt the surrender of such Warrant Certificates and payment in full of the Warrant Exercise Price, whichever shall last occur. If less than all of the transfer books Warrants evidenced by a Warrant Certificate are exercised upon a single occasion, a new Warrant Certificate will be issued for the Warrant Securities purchasable upon balance of the exercise of such Warrants not so exercised, which shall be closedissued and delivered to, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as or in accordance with instructions given by, the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be openedWarrant, and the certificates for Warrant Agent is hereby irrevocably authorized to countersign and to deliver the required new Warrant Certificates pursuant to the provisions of this Section and of Section 3 of this Agreement and the Company, whenever required by the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of Agent, will supply the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account with Warrants duly executed on behalf of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingpurpose.

Appears in 1 contract

Samples: Warrant Agreement (Pacific Biometrics Inc)

Exercise of Warrants. (a) During Warrants may only be exercised for the period specified in Section 2.2, the purchase of whole Warrant Shares. Warrants may be exercised upon surrender to purchase a whole number the Bank at the principal office of the Warrant Securities in registered form by providing certain information as set forth on the reverse side Agent, of the Warrant Certificate and by paying in fullor Certificates evidencing the Warrants to be exercised (except as otherwise provided below), in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate together with the form of election to purchase Warrant Securities set forth on the reverse side thereof duly and properly filled in, signed with signature guaranteed by a member of a national signature guarantee medallion program in the case of a request for issues of warrant shares to a person or entity other than the registered holder of the surrendered Warrant Certificates, and upon payment to the Warrant Agent for the account of the Bank of the Warrant Certificate properly completed Exercise Price (as defined in and duly executeddetermined in accordance with the provisions of Sections 9 and 10 hereof, and of this Section 5), for the number of Warrant Shares in respect of which such Warrants are then exercised. The date on which Payment of the aggregate Warrant Exercise Price shall be made by certified or official bank check. Subject to Section 6 hereof, upon such surrender of Warrant Certificates and payment in full of the Warrant Exercise Price is received by as aforesaid, the Warrant Agent shall, subject shall issue and cause to receipt be delivered as soon as is reasonably possible after payment for said Warrant Shares has been declared irrevocably collected by the bank in which said payment of the Warrant Certificate Exercise price has been deposited, and in such name or names as aforesaidthe Holder may designate, a certificate or certificates for the number of full Warrant Shares so purchased upon the exercise of such Warrants, together with cash, as provided in Section 12 hereof, in respect of any fractional Warrant Share otherwise issuable upon such exercise of Warrants. Such certificate or certificates shall be deemed to have been issued and any person so designated to be named therein shall be deemed to have, become a holder of record of such Warrant Shares as of the date on which of the surrender of such Warrant Certificate and payment of the Warrant is exercisedPrice, as aforesaid; provided, provided however, that if, at the date of receipt surrender of such Warrants and payment of such Warrant Certificates and payment in full of the Warrant Exercise Price, the transfer books for the Warrant Securities Shares or other class of stock purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities Shares in respect of which such Warrants are then exercised shall be issuable as of the date on which such next succeeding day on which the transfer books shall next be opened, opened (whether before or after the Expiration Date) and until such date the Company Warrant Agent shall be under no duty to deliver any certificate for such Warrant SecuritiesShares; provided further, however, that the transfer books of record unless otherwise required by law, shall not be closed at any one time for a period longer than twenty days. The Warrant Agent rights of purchase represented by the Warrants shall deposit be exercisable, at the election of the Holder thereof, either in full or from time to time in part and, in the event that a certificate evidencing Warrants is exercised in respect of less than all funds received by it in payment of the Warrant Price in an account Shares purchasable on such exercise at any time prior to the date of expiration of the Company maintained with it and shall advise Warrants, a new Warrant certificate evidencing the Company by telephone at the end of each day on which a payment for the exercise of remaining Warrant or Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writingwill be issued.

Appears in 1 contract

Samples: Agreement (American Bank Inc)

Exercise of Warrants. (a) During Subject to the period specified in Section 2.2terms of this Agreement, the Warrants may be exercised Warrant holder shall have the right, at any time and from time to time until 5:00 p.m., Pacific Time, on January 24, 2007, to purchase a whole from the Company up to the number of fully paid and nonassessable shares of Warrant Securities in registered form by providing certain information as set forth on to which the reverse side Warrant holder may at the time be entitled to purchase pursuant to this Agreement and the Warrant, upon presentation and surrender of the Warrant Certificate to the Company, together with the Exercise Form duly completed and executed and payment in the aggregate amount equal to the Exercise Price multiplied by paying in full, in lawful money the number of shares of Common Stock being purchased. Payment of the United States of America, [in cash Exercise Price shall be made by bank or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised payable to the Warrant Agent at its corporate trust officeorder of the Company or wire transfer; PROVIDED, provided HOWEVER, that such the Holder shall have the right to pay the exercise is subject price by surrender to receipt within the Company of a number of shares of Common Stock with a Fair Value equal to the exercise price. Within five business days of the Company's receipt of the Warrant, the completed and signed Exercise Form and the requisite payment, the Company shall issue and deliver (or cause to be delivered) to the exercising Holder stock certificates aggregating the number of shares of Warrant Securities purchased. In the event the Company fails to deliver or cause to be delivered to the Holder such payment certificates (without legend or restriction if such Warrant Securities are then, or are required to be, registered pursuant to the Warrant Agreement) within such five business day period, the Company shall pay to the Holder an amount equal to the greater of (i) $250 per calendar day, (ii) the product of (x) the last sale price on the date the certificates are properly issued and delivered to the Holder, less the last sale price on the date of the Exercise Form, multiplied by (y) the number of shares of Warrant Securities purchased as set forth in the Exercise Form, or (iii) the quotient of (x) the last reported sale price on the day prior to the date of the Exercise Form, multiplied by the number of shares of Warrant Agent Securities issuable to such Holder upon such exercise, divided by (y) 200 (the "Delay Damages"), for each day after the fifth business day following the delivery of the Warrant Certificate with and such Exercise Form to the form of election to purchase Company through and including the day such certificates (without legend or restriction if such Warrant Securities set forth on are then, or are required bo be, registered pursuant to the reverse side terms of the Warrant Certificate properly completed and duly executed. The date on which payment Agreement) are delivered to the Holder at the address set forth in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercisedsuch Exercise Form; provided, however, that ifnotwithstanding the foregoing, at the date of receipt of such Warrant Certificates no Delay Damages shall accrue or shall be due and payment in full of the Warrant Price, the transfer books for payable if the Warrant Securities purchasable upon have not been registered under the exercise of such Warrants Securities Act, unless either (i) the Company shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of not have registered such Warrant Securities on such dateor prior to June 24, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for 2000, or (ii) the Warrant Securities purchasable would otherwise be freely tradeable upon the exercise of such Warrants shall be opened, and the certificates for Warrant. In the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of event the date on such next succeeding day on which Company restricts or delays the transfer books shall next be openedor clearance of such certificates by the Holder (whether by stop transfer order, and until such date unreasonable delay or otherwise), the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice pay to the Company in writingHolder the Delay Damages for each calendar day of such restriction or delay.

Appears in 1 contract

Samples: Warrant Agreement (Omni Nutraceuticals)

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