Cancellation of Options and Warrants Sample Clauses

Cancellation of Options and Warrants. Except as set forth on Section 3.5 of the Company Disclosure Letter, Options and Warrants representing at least 95% of the Shares issuable upon the exercise of all Options and Warrants outstanding as of the date hereof shall have been exercised, canceled in accordance with their terms, or the holders thereof shall have consented (unless such treatment is provided for in the applicable Option or Warrant) to their cancellation or an amendment thereto in respect of such holders' right to receive the excess of the Merger Consideration over the per share Adjusted Exercise Price of such Option or Warrant pursuant to this Agreement, and documentation evidencing same shall have been delivered to Purchaser.
AutoNDA by SimpleDocs
Cancellation of Options and Warrants. At the Effective Time, each option, warrant or other right to acquire or purchase shares of Brands Common Stock (the "Options") granted by Brands shall automatically, and without any action required by the holders thereof, be cancelled and terminated.
Cancellation of Options and Warrants. The Purchaser will have received, prior to or at the Closing, copies of executed agreements providing for the cancellation, effective upon the Closing, of the options and warrants to acquire shares of Common Stock set forth on Exhibit C.
Cancellation of Options and Warrants. At the Closing, each option, warrant or other right to acquire or purchase shares of Guru common stock (the "Options") granted by Guru shall automatically, and without any action required by the holders thereof, be cancelled and terminated.
Cancellation of Options and Warrants. At the Closing, each and every Option granted by Roots shall automatically, and without any action required by the holders thereof, be cancelled and terminated.
Cancellation of Options and Warrants. The Company shall have delivered to the Investors evidence satisfactory to the Investors of cancellation of the warrants and options set forth in Exhibit 5.04.
Cancellation of Options and Warrants. Holdco and the Sellers shall cause the TARGET to cancel all Warrants and Options as of Closing.
AutoNDA by SimpleDocs
Cancellation of Options and Warrants. Xxxxxx shall have cancelled all outstanding options and warrants to purchase shares of capital stock of Benchmark.
Cancellation of Options and Warrants. At the Effective Time, each option, warrant or other right to acquire or purchase shares of Healthtrac common stock (the "Options") granted by Healthtrac shall automatically, and without any action required by the holders thereof, be cancelled and terminated.
Cancellation of Options and Warrants. 3 SECTION 2.4
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!