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: Archer Aviation Inc., Archer Aviation Inc., 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: Societal CDMO, Inc., 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: Baudax Bio, Inc., 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
Samples: Atlas Crest Investment Corp.
