Common use of Cash Designated Event Settlement Clause in Contracts

Cash Designated Event Settlement. Except as otherwise provided in this Article 4, the Company will settle exercise of Warrants exercised in connection with a Designated Event in accordance with Section 3.04; provided, however, that with respect to a Designated Event in connection with which all holders of Common Stock receive only Cash consideration for their shares of Common Stock (such Designated Event, a “Cash Designated Event”) the Company will settle the Warrants, which shall be automatically exercised upon such event, by delivering, on the third Business Day after the Exercise Date, for each Warrant, an amount of Cash equal to (i) the sum of (A) the number of shares of Common Stock deliverable to the Warrantholder as a result of the Net Share Settlement calculation as of the Effective Date for the Cash Designated Event as described in Section 3.04 herein plus (B) the number of additional shares described in this Section 4 multiplied by (ii) the per-share amount of Cash consideration paid in such Designated Event.

Cash Designated Event Settlement. Except as otherwise provided in this Article 4, the Company will settle exercise of Warrants exercised in connection with a Designated Event in accordance with Section 3.04; provided, however, that with respect to a Designated Event in connection with which all the holders of the Common Stock receive only Cash consideration for their shares of Common Stock (such Designated Event, a “Cash Designated Event”) the Company will settle the Warrants, which shall be automatically exercised upon such event, by delivering, on the third Business Day after the Exercise Date, for each Warrant, an amount of Cash equal to (i) the sum of (A) the number of shares of Common Stock deliverable to the Warrantholder as a result of the Net Share Settlement calculation as of the Effective Date for the Cash Designated Event as described in Section 3.04 herein plus (B) the number of additional shares described in this Section 4 multiplied by (ii) the per-share amount of Cash consideration paid in such Designated Event.

Cash Designated Event Settlement. Except as otherwise provided in this Article 4ARTICLE III, the Company will settle an exercise of Warrants exercised hereof in connection with a Designated Event in accordance with Section 3.042.04; provided, however, that with respect to a Designated Event in connection with which all holders of Common Stock receive only Cash consideration for their shares of Common Stock (such Designated Event, a “"Cash Designated Event”") the Company will settle the Warrantsthis Warrant, which shall be automatically exercised upon such event, by delivering, on the third (3rd) Business Day after the Exercise Date, for each this Warrant, an amount of Cash equal to (ia) the sum of (Ai) the number of shares of Common Stock deliverable to the Warrantholder Holder as a result of the Net Share Settlement calculation as of the Effective Date for the Cash Designated Event as described in Section 3.04 2.04 herein plus (Bii) the number of additional shares described in this Section 4 ARTICLE III multiplied by (iib) the per-share amount of Cash consideration paid in such Designated Event.

Cash Designated Event Settlement. Except as otherwise provided in this Article 4ARTICLE III, the Company will settle an exercise of Warrants exercised hereof in connection with a Designated Event in accordance with Section 3.042.04; provided, however, that with respect to a Designated Event in connection with which all holders of Common Stock receive only Cash consideration for their shares of Common Stock (such Designated Event, a “Cash Designated Event”) the Company will settle the Warrantsthis Warrant, which shall be automatically exercised upon such event, by delivering, on the third (3rd) Business Day after the Exercise Date, for each this Warrant, an amount of Cash equal to (ia) the sum of (Ai) the number of shares of Common Stock deliverable to the Warrantholder Holder as a result of the Net Share Settlement calculation as of the Effective Date for the Cash Designated Event as described in Section 3.04 2.04 herein plus (Bii) the number of additional shares described in this Section 4 ARTICLE III multiplied by (iib) the per-share amount of Cash consideration paid in such Designated Event.