Common use of Delivery of Certificate and New Warrant Clause in Contracts

Delivery of Certificate and New Warrant. Promptly (but in any event within three (3) Business Days following the date the Holder delivers its Notice of Exercise to the Company pursuant to Section 5.5), the Company shall deliver to Holder a certificate representing the Shares issued to Holder upon such exercise and, if this Warrant has not been fully exercised and has not expired, a new warrant of like tenor representing the Shares (and portion of this Warrant) that are not subject to the Holder’s Notice of Exercise.

Delivery of Certificate and New Warrant. Promptly (but Within a reasonable time, and in any event within three not exceeding five (35) Business Days following the date Days, after the Holder delivers its Notice of Exercise to exercises this Warrant in the Company pursuant to manner set forth in Section 5.5)1.1 or 1.2 above, the Company shall deliver to Holder a certificate representing the Shares issued to Holder upon such exercise and, if this Warrant has not been fully exercised and has not expired, a new warrant of like tenor representing the Shares (not so acquired. Notwithstanding the foregoing, Holder shall be deemed to have purchased, and portion shall be deemed to be the record holder of, such Shares as of this Warrant) that are not subject to the Holder’s Notice date of Exerciseexercise.

Delivery of Certificate and New Warrant. Promptly Within four (but in any event within three (34) Business Days following after Holder exercises this Warrant in the date the Holder delivers its Notice of Exercise to the Company pursuant to manner set forth in Section 5.5)1.1 or 1.2 above, the Company shall deliver to Holder a certificate representing the Shares issued to Holder upon such exercise and, if this Warrant has not been fully exercised and has not expired, a new warrant of like tenor and having the same terms as set forth herein (as in effect at such time) representing the Shares (and portion of this Warrant) that are not subject remaining to the Holder’s Notice of Exercisebe issued upon further exercise hereof.