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, and in any event within five Business 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 9 hereof, as such holder (upon payment by such holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of duly authorized, validly issued, fully paid and nonassessable shares of Common Stock (or Other Securities) to which such holder shall be entitled upon such exercise plus, in lieu of any fractional share to which such holder would otherwise be entitled, cash in an amount equal to the same fraction of the Market Price per share on the Business Day next preceding the date of such exercise.

Delivery of Stock Certificates, etc. As soon as practicable after the any exercise of this WarrantWarrant and payment of the sum payable upon such exercise, and in any event within five Business Days thereafter(5) business days thereafter (subject to procedures required by the Company’s transfer agent), the Company Company, at its expense (including the payment by it of any applicable issue taxes) expense, will cause to be issued in the name of and delivered to the holder hereofof this Warrant, or, subject to Section 9 hereof, or in the name of a permitted transferee as such holder (upon payment by such holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of duly authorized, validly issued, fully paid and nonassessable shares of Common Stock Warrant Shares (or Other Securities) other securities or property to which such holder shall be entitled upon such exercise exercise), plus, in lieu of any fractional share Warrant Shares to which such holder would otherwise be entitled, cash in an amount equal to such fraction multiplied by the same fraction then current fair market value of the Market Price per share on the Business Day next preceding the date of such exerciseone full Warrant Share.

Delivery of Stock Certificates, etc. As soon as practicable after the exercise of this Warrant, Warrant and in any event within five ten Business 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, hereof or, subject to Section 9 hereofsection 9, as such holder (upon payment by such holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of duly authorized, validly issued, fully paid and nonassessable shares of Common Stock (or Other Securities) to which such holder shall be entitled upon such exercise plus, in lieu of any fractional share to which such holder would otherwise be entitled, cash in an amount equal to the same fraction of the Market Price per share on the Business Day next preceding the date of such exercise.

Delivery of Stock Certificates, etc. As soon as practicable after the exercise of this Warrantthe Warrant (but not later than two days after exercise), and in any the event within five Business Days thereaftersuch exercise occurs in connection with a Liquidity Event, prior to the consummation of such Liquidity Event, the Company at its expense (including the payment by it of any applicable issue taxes) will shall cause to be issued in the name of and delivered to the holder hereof, Holder or, subject to Section 9 hereof5, as such holder Holder (upon payment by such holder Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of duly authorized, validly issued, fully paid and nonassessable shares of Common Stock (or Other Securities) to which such holder Holder shall be entitled upon such exercise plus, in lieu of any fractional share to which such holder Holder would otherwise be entitled, cash in an amount equal to the same fraction of the Fair Market Price per share on the Business Day next preceding the date Value of such exerciseshare of such Common Stock, which Fair Market Value shall be determined in accordance with the procedures set forth in Section 2.5(b).

Delivery of Stock Certificates, etc. As soon as practicable Not later than two Business Days after the exercise of this Warrant, and in any event within five Business Days thereafterWarrant for Underlying Securities, the Company at its expense (including the payment by it of any applicable issue taxes) will shall cause to be issued in the name of and delivered to the holder hereof, Holder or, subject to Section 9 hereof6, as such holder the Holder (upon payment by such holder the Holder of any applicable transfer taxes) may directdirect in writing, a certificate or certificates for the number of duly authorized, validly issued, fully paid and nonassessable shares of Common Stock Underlying Securities (or Other Securities) to which such holder the Holder shall be entitled upon such exercise plus, in lieu of any fractional share to which such holder the Holder would otherwise be entitled, cash in an amount equal to the same fraction of the Market Price per share Underlying Security on the Business Day next preceding the date of such exercise.

Delivery of Stock Certificates, etc. As soon as practicable after the exercise of this Warrant, and in any event within five (5) Business 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 9 hereof, as such holder (upon payment by such holder of any applicable transfer taxes) may direct, Purchaser a certificate or certificates for the number of duly authorized, validly issued, fully paid and nonassessable shares of Common Stock (or Other Securities) to which such holder the Purchaser shall be entitled pursuant to Section 1.1 hereof upon such the exercise of this Warrant plus, in lieu of any fractional share to which such holder would otherwise be entitled, cash in an amount equal to the same fraction of the Current Market Price per share on the Business Day next preceding the date of such exercise.

Delivery of Stock Certificates, etc. As soon as practicable ----------------------------------- after the exercise of this Warrant, Warrant and in any event within five Business 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, hereof or, subject to Section 9 hereofsection 9, as such holder (upon payment by such holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of duly authorized, validly issuedis sued, fully paid and nonassessable shares of Common Stock (or Other Securities) to which such holder shall be entitled upon such exercise plus, in lieu of any fractional share to which such holder would otherwise be entitled, cash in an amount equal to the same fraction of the Market Price per share on the Business Day next preceding the date of such exercise.

Delivery of Stock Certificates, etc. As soon as practicable ------------------------------------ after the exercise of this Warrant, and in any event within five (5) Business 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 9 hereof, as such holder (upon payment by such holder of any applicable transfer taxes) may direct, Purchaser a certificate or certificates for the number of duly authorized, validly issued, fully paid and nonassessable shares of Common Stock (or Other Securities) to which such holder the Purchaser shall be entitled pursuant to Section 1.1 hereof upon such the exercise of this Warrant plus, in lieu of any fractional share to which such holder would otherwise be entitled, cash in an amount equal to the same fraction of the Current Market Price per share on the Business Day next preceding the date of such exercise.