Common use of Delivery of Stock Certificates; No Fractional Shares Clause in Contracts

Delivery of Stock Certificates; No Fractional Shares. (a) Within 10 days after the payment of the Purchase Price following the exercise of this Warrant (in whole or in part) or after notice of net issuance exercise and compliance with Section 1.2, the Company at its expense will issue in the name of and deliver to the Holder (i) a certificate or certificates for the number of fully paid and non-assessable shares of Warrant Stock to which the Holder will be entitled on the exercise of this Warrant, and (ii) a new Warrant of like tenor to purchase up to that number of shares of Warrant Stock, if any, as to which this Warrant has not been exercised if this Warrant has not expired. The Holder will for all purposes be deemed to have become the holder of record of the shares of Warrant Stock on the date this Warrant was exercised (the date the Holder has fully complied with the requirements of Section 1.1 or 1.2), irrespective of the date of delivery of the certificate or certificates representing the Warrant Stock; provided that, if the date this Warrant is exercised is a date when the stock transfer books of the Company are closed, a person will be deemed to have become the holder of record of such shares of Warrant Stock at the close of business on the next succeeding date on which the stock transfer books are open.

Delivery of Stock Certificates; No Fractional Shares. (a) 2.1 Within 10 days after the payment of the Purchase Price following the exercise of this Warrant (in whole or in part) or after notice of net issuance exercise and compliance with Section 1.2, the Company at its expense will shall issue in the name of and deliver to the Holder (ia) a certificate or certificates for the number of fully paid and non-assessable shares of nonassessable Warrant Stock Shares to which the Holder will shall be entitled on the exercise of this Warrantupon such exercise, and (iib) a new Warrant of like tenor in substantially the same form to purchase up to that number of shares of Warrant StockShares, if any, as to which this Warrant has not been exercised if this Warrant has not expired. The Holder will shall for all purposes be deemed to have become the holder of record of the shares of such Warrant Stock Shares on the date this Warrant was exercised (the date the Holder has fully complied with the requirements of Section 1.1 or 1.2), irrespective of the date of delivery of the certificate or certificates representing the Warrant StockShares; provided that, if the date this Warrant such exercise is exercised made is a date when the stock transfer books of the Company are closed, a such person will shall be deemed to have become the holder of record of such shares of Warrant Stock Shares at the close of business on the next succeeding date on which the stock transfer books are open.

Delivery of Stock Certificates; No Fractional Shares. 2.1 Within ten (a10) Within 10 business days after the payment of the Purchase Price following the exercise of this Warrant (in whole or in part) or after notice of net issuance exercise and compliance with Section 1.2), the Company at its expense will shall issue in the name of and deliver to the Holder (ia) a certificate or certificates for the number of fully paid and non-assessable shares of nonassessable Warrant Stock Shares to which the Holder will shall be entitled on the exercise of this Warrantupon such exercise, and (iib) a new Warrant of like tenor to purchase up to that number of shares of Warrant StockShares, if any, as to which this Warrant has not been exercised if this Warrant has not expired. The Holder will shall for all purposes be deemed to have become the holder of record of the shares of such Warrant Stock Shares on the date this Warrant was exercised (the date the Holder has fully complied with the requirements of Section 1.1 or 1.2), irrespective of the date of delivery of the certificate or certificates representing the Warrant StockShares; provided that, if the date this Warrant such exercise is exercised made is a date when the stock transfer books of the Company are closed, a such person will shall be deemed to have become the holder of record of such shares of Warrant Stock Shares at the close of business on the next succeeding date on which the stock transfer books are open.

Delivery of Stock Certificates; No Fractional Shares. (a) Within 10 days after the payment of the Purchase Price following the exercise of this Warrant (in whole or in part) or after notice of net issuance exercise and compliance with Section 1.2, the Company at its expense will issue in the name of and deliver to the Holder (i) a certificate or certificates for the number of fully paid and non-assessable nonassessable shares of Warrant Stock to which the Holder will be entitled on the exercise of this Warrant, and (ii) a new Warrant of like tenor to purchase up to that number of shares of Warrant Stock, if any, as to which this Warrant has not been exercised if this Warrant has not expired. The Holder will for all purposes be deemed to have become the holder of record of the shares of Warrant Stock on the date this Warrant was exercised (the date the Holder has fully complied with the requirements of Section 1.1 1. 1 or 1.2), irrespective of the date of delivery of the certificate or certificates representing the Warrant Stock; provided that, if the date this Warrant is exercised is a date when the stock transfer books of the Company are closed, a person will be deemed to have become the holder of record of such shares of Warrant Stock at the close of business on the next succeeding date on which the stock transfer books are open.

Delivery of Stock Certificates; No Fractional Shares. (a) Within 10 days after the payment of the Purchase Price following the exercise of this Warrant (in whole or in part) or after notice of net issuance exercise and compliance with Section 1.2, the Company at its expense will issue in the name of and deliver to the Holder (i) a certificate or certificates for the number of fully paid and non-assessable shares of Warrant Stock to which the Holder will be entitled on the exercise of this Warrant, and (ii) a new Warrant of like tenor to purchase up to that number of shares of Warrant Stock, if any, as to which this Warrant has not been exercised if this Warrant has not expired. The Holder will for all purposes be deemed to have become the holder of record of the shares of Warrant Stock on the date this Warrant was exercised (the date the Holder has fully complied with the requirements of Section 1.1 or 1.21), irrespective of the date of delivery of the certificate or certificates representing the Warrant Stock; provided that, if the date this Warrant is exercised is a date when the stock transfer books of the Company are closed, a person will be deemed to have become the holder of record of such shares of Warrant Stock at the close of business on the next succeeding date on which the stock transfer books are open.

Delivery of Stock Certificates; No Fractional Shares. (a) 2.1 Within 10 days after the payment of the Purchase Price following the exercise of this Warrant (in whole or in part) or after notice of net issuance exercise and compliance with Section 1.2, the Company at its expense will shall issue in the name of and deliver to the Holder (ia) a certificate or certificates for the number of fully paid and non-assessable shares of nonassessable Warrant Stock Shares to which the Holder will shall be entitled on the exercise of this Warrantupon such exercise, and (iib) a new Warrant of like tenor to purchase up to that number of shares of Warrant StockShares, if any, as to which this Warrant has not been exercised if this Warrant has not expired. The Holder will shall for all purposes be deemed to have become the holder of record of such Warrant Shares on the shares close of Warrant Stock business on the date this Warrant was exercised (the date the Holder has fully complied with the requirements of Section 1.1 or 1.2), irrespective of the date of delivery of the certificate or certificates representing the Warrant StockShares; provided that, if the date this Warrant such exercise is exercised made is a date when the stock transfer books of the Company are closed, a such person will shall be deemed to have become the holder of record of such shares of Warrant Stock Shares at the close of business on the next succeeding date on which the stock transfer books are open.