Calculation of Ordinary Shares to be issued on Cashless Exercise. In connection with any cashless exercise of Warrants, the Company shall calculate and transmit to the Warrant Agent, and the Warrant Agent shall have no duty under this Agreement to determine, the number of Ordinary Shares to be issued on such cashless exercise, and the Warrant Agent shall have no duty or obligation to calculate or confirm whether the Company’s determination of the Ordinary Shares to be issued on such exercise is accurate.
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Samples: Warrant Agreement (Selina Hospitality PLC), Assignment, Assumption and Amendment Agreement (Noventiq Holding Co), Warrant Agreement (Ermenegildo Zegna N.V.)
Calculation of Ordinary Shares to be issued on Cashless Exercise. In connection with any cashless exercise of the Warrants, the Company shall calculate and transmit provide written notice thereof to the Warrant Agent, and the Warrant Agent shall have no duty under this Agreement to determine, the number of Ordinary Shares to be issued on such cashless exercise, and the Warrant Agent shall have no duty or obligation to calculate or confirm whether the Company’s determination of the Ordinary Shares to be issued on such exercise is accurate.
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Calculation of Ordinary Shares to be issued on Cashless Exercise. In connection with any cashless exercise of Warrants, the Company Issuer shall calculate and transmit to the Warrant Agent, and the Warrant Agent shall have no duty under this Agreement to determine, the number of Ordinary Shares to be issued on such cashless exercise, and the Warrant Agent shall have no duty or obligation to calculate or confirm whether the CompanyIssuer’s determination of the Ordinary Shares to be issued on such exercise is accurate.
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