Automatic Cashless Exercise. To the extent that there has not been an exercise by the Holder pursuant to Section 3(a) or 3(b) hereof, any portion of the Warrant that remains vested and exercisable but unexercised shall be exercised automatically to the extent vested and exercisable, upon the Expiration Date (including a Liquidation Event) pursuant to the mechanics described in Section 3(b).
Appears in 5 contracts
Samples: Warrant Agreement (Archer Aviation Inc.), Warrant Agreement (Archer Aviation Inc.), Warrant Agreement (Archer Aviation Inc.)
Automatic Cashless Exercise. To the extent that there has not been an exercise by the Warrant Holder pursuant to Section 3(a) or 3(b2(a) hereof, any portion of the Warrant that remains vested and exercisable but unexercised shall be exercised automatically to the extent vested and exercisablein whole (not in part), upon the Expiration Date (including a Liquidation Event) pursuant to in the mechanics described manner set forth in Section 3(b2(a)(ii).
Appears in 4 contracts
Samples: Common Stock Purchase Warrant (Societal CDMO, Inc.), Common Stock Purchase Warrant (Societal CDMO, Inc.), Common Stock Purchase Warrant (Recro Pharma, Inc.)
Automatic Cashless Exercise. To the extent that there has not been an exercise by the Holder pursuant to Section 3(a) or 3(b) 1 hereof, any portion of the Warrant that remains vested and exercisable but unexercised shall be exercised automatically to the extent vested and exercisablein whole (not in part), upon the Expiration Date (including a Liquidation Event) pursuant to in the mechanics described manner set forth in Section 3(b1(d).
Appears in 2 contracts
Samples: Warrant Agreement (Baudax Bio, Inc.), Warrant Agreement (Baudax Bio, Inc.)
Automatic Cashless Exercise. To the extent that there has not been an exercise by the Holder pursuant to Section 3(a) or 3(b) hereof, any portion of the Warrant that remains vested and exercisable but unexercised shall be exercised automatically to the extent vested and exercisable, upon the Expiration Date (including a Liquidation Event) pursuant to the mechanics described in Section 3(b).
Appears in 1 contract
