Common use of Cash Exercise of Warrants Clause in Contracts

Cash Exercise of Warrants. Upon presentation and surrender of this Common Stock Purchase Warrant Certificate ("Warrant Certificate" or "this Certificate"), with the attached Form of Election to Purchase duly executed and completed, at the principal office of the Company at 0000 Xxxxxxxxx 00xx Xxxxx, Xxxxxxxxxxx, Xxxxxxx 00000-0000, together with cash or a cashier's or certified check payable to the Company in the amount of the Per Share Exercise Price multiplied by the number of Warrant Shares being purchased (the "Aggregate Exercise Price"), the Company, or the Company's transfer agent, as the case may be, shall deliver to the Warrant Holder hereof, certificates of Common Stock which, in the aggregate, represent the number of Warrant Shares being purchased. The purchase rights represented by each Warrant Certificate are exercisable at the option of the Holder thereof, in whole or in part (but not as to fractional shares of the Common Stock underlying the Warrants). Warrants may be exercised to purchase all or part of the shares of Common Stock represented thereby. In the case of the purchase of less than all the shares of Common Stock purchasable under any Warrant Certificate, the Company shall cancel said Warrant Certificate upon the surrender thereof and shall execute and deliver a new Warrant Certificate of like tenor for the balance of the shares of Common Stock purchasable thereunder.

Cash Exercise of Warrants. The Warrants initially are exercisable at the Initial Exercise Price, payable in cash or by check to the order of the Company, or any combination of cash or check, subject to adjustment as provided in Section 8 hereof. Upon presentation and --------- surrender of this Common Stock Purchase the Warrant Certificate ("Warrant Certificate" or "this Certificate"), with the attached annexed Form of Election to Purchase duly executed and completedexecuted, together with payment of the Exercise Price (as hereinafter defined) for the Shares purchased, at the Company's principal office of the Company offices (presently located at 0000 Xxxxxxxxx 00xx XxxxxXxxxxx Xxxx Xxxx, XxxxxxxxxxxXxxxx 000, Xxxxxxx Xxxxxx, Xxxxxxxx 00000-0000, together with cash ) the registered holder of a Warrant Certificate ("Holder" or "Holders") shall be entitled to receive a cashier's certificate or certified check payable to certificates for the Company in the amount of the Per Share Exercise Price multiplied by the number of Warrant Shares being purchased (the "Aggregate Exercise Price"), the Company, or the Company's transfer agent, as the case may be, shall deliver to the Warrant Holder hereof, certificates of Common Stock which, in the aggregate, represent the number of Warrant Shares being so purchased. The purchase rights represented by each Warrant Certificate are exercisable at the option of the Holder thereof, in whole or in part (but not as to fractional shares of the Common Stock underlying the WarrantsStock). Warrants may be exercised to purchase all or part of the shares of Common Stock represented thereby. In the case of the purchase of less than all the shares of Common Stock Shares purchasable under any Warrant Certificate, the Company shall cancel said Warrant Certificate upon the surrender thereof and shall execute and deliver a new Warrant Certificate of like tenor for the balance of the shares of Common Stock Shares purchasable thereunder.

Cash Exercise of Warrants. The Warrants initially are exercisable at the Initial Exercise Price, payable in cash or by check to the order of the Company, or any combination of cash or check, subject to adjustment as provided in SECTION 8 hereof. Upon presentation and surrender of this Common Stock Purchase the Warrant Certificate ("Warrant Certificate" or "this Certificate"), with the attached annexed Form of Election to Purchase duly executed and completedexecuted, together with payment of the Exercise Price (as hereinafter defined) for the Shares purchased, at the Company's principal office of the Company offices (presently located at 0000 Xxxxxxxxx 00xx XxxxxXxxxxx Xxxx Xxxx, XxxxxxxxxxxXxxxx 000, Xxxxxxx Xxxxxx, Xxxxxxxx 00000-0000, together with cash ) the registered holder of a Warrant Certificate ("Holder" or "Holders") shall be entitled to receive a cashier's certificate or certified check payable to certificates for the Company in the amount of the Per Share Exercise Price multiplied by the number of Warrant Shares being purchased (the "Aggregate Exercise Price"), the Company, or the Company's transfer agent, as the case may be, shall deliver to the Warrant Holder hereof, certificates of Common Stock which, in the aggregate, represent the number of Warrant Shares being so purchased. The purchase rights represented by each Warrant Certificate are exercisable at the option of the Holder thereof, in whole or in part (but not as to fractional shares of the Common Stock underlying the WarrantsStock). Warrants may be exercised to purchase all or part of the shares of Common Stock represented thereby. In the case of the purchase of less than all the shares of Common Stock Shares purchasable under any Warrant Certificate, the Company shall cancel said Warrant Certificate upon the surrender thereof and shall execute and deliver a new Warrant Certificate of like tenor for the balance of the shares of Common Stock Shares purchasable thereunder.

Cash Exercise of Warrants. Upon presentation and surrender of this Common Stock Purchase Warrant Certificate ("Warrant Certificate" or "this Certificate"), with the attached Form of Election to Purchase duly executed and completed, at the principal office of the Company at 0000 1000 Xxxxxxxxx 00xx Xxxxx, Xxxxxxxxxxx, Xxxxxxx 00000-0000, together with cash or a cashier's or certified check payable to the Company in the amount of the Per Share Exercise Price multiplied by the number of Warrant Shares being purchased (the "Aggregate Exercise Price"), the Company, or the Company's transfer agent, as the case may be, shall deliver to the Warrant Holder hereof, certificates of Common Stock which, in the aggregate, represent the number of Warrant Shares being purchased. The purchase rights represented by each Warrant Certificate are exercisable at the option of the Holder thereof, in whole or in part (but not as to fractional shares of the Common Stock underlying the Warrants). Warrants may be exercised to purchase all or part of the shares of Common Stock represented thereby. In the case of the purchase of less than all the shares of Common Stock purchasable under any Warrant Certificate, the Company shall cancel said Warrant Certificate upon the surrender thereof and shall execute and deliver a new Warrant Certificate of like tenor for the balance of the shares of Common Stock purchasable thereunder.