Common use of Delivery of Stock Certificates, etc Clause in Contracts

Delivery of Stock Certificates, etc. As soon as practicable after the exercise of this Warrant in whole or in any part as provided in Section 1.1, and in any event within ten (10) days thereafter, the Company at its expense (including the payment by it of any applicable issue taxes) will cause to be issued in the name of and delivered to the holder hereof or, subject to Section 3, such other Person or Persons as such holder (upon payment by such holder of any applicable transfer taxes) may direct: (i) a certificate or certificates for the number of shares of Common Stock to which such holder shall be entitled upon such exercise; (ii) in case such exercise is in part only, a new Warrant or Warrants of like tenor, calling in the aggregate on the face or faces thereof for the number of shares of Common Stock equal to (without giving effect to any adjustment therein from the Original Issue Date) the number of such shares called for on the face of this Warrant minus the number of shares of Common Stock (without giving effect to any adjustment therein from the Issue Date) as to which this Warrant shall have been so exercised.

Appears in 8 contracts

Samples: Molecular Diagnostics Inc, Ampersand Medical Corp, Ampersand Medical Corp

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