Easy Sale" Exercise. In lieu of the payment methods set forth in Section 3.1((b)) above, when permitted by law and applicable regulations (including Nasdaq and NASD rules), the Holder may pay the Purchase Price through a "same day sale" commitment from the Holder (and if applicable a broker-dealer that is a member of the National Association of Securities Dealers (an "NASD Dealer")), whereby the Holder irrevocably elects to exercise this Warrant and to sell a portion of the shares so purchased to pay the Purchase Price and the Holder (or, if applicable, the NASD Dealer) commits upon sale (or, in the case of the NASD Dealer, upon receipt) of such shares to forward the Purchase Price directly to the Company.
Appears in 1 contract
Samples: Warrant Agreement (Modacad Inc)
Easy Sale" Exercise. In lieu of the payment methods set forth in --------------------- Section 3.1((b)2.1(b) above, when permitted by law and applicable regulations (including Nasdaq and NASD rules), the Holder may pay the Purchase Price through a "same day sale" commitment from the Holder (and if applicable a broker-dealer that is a member of the National Association of Securities Dealers (an a "NASD Dealer")), whereby the Holder irrevocably elects to exercise this Warrant and to sell a portion of the shares Shares so purchased to pay for the Purchase Price and the Holder (or, if applicable, the NASD Dealer) commits upon sale (or, in the case of the NASD Dealer, upon receipt) of such shares Shares to forward the Purchase Price directly to the Company.
Appears in 1 contract
Samples: Active Software Inc
Easy Sale" Exercise. In lieu of the payment methods set forth in ------------------- Section 3.1((b)) 2.1 and 2.5 above, when permitted by law and applicable regulations (including Nasdaq and NASD rules), the Holder may pay the Purchase Price through a "same day sale" commitment from the Holder (and if applicable a broker-dealer that is a member of the National Association of Securities Dealers (an a "NASD Dealer")), whereby the Holder irrevocably elects to exercise this Warrant and to sell a portion of the shares Shares so purchased to pay for the Purchase Price and the Holder (or, if applicable, the NASD Dealer) commits upon sale (or, in the case of the NASD Dealer, upon receipt) of such shares Shares to forward the Purchase Price directly to the Company.
Appears in 1 contract
Samples: Cardiodynamics International Corp
Easy Sale" Exercise. In lieu of the payment methods method set forth in Section 3.1((b)) 4 above, when permitted by law and applicable regulations (including Nasdaq and NASD rules), the Holder may pay the Purchase Price through a "same day sale" commitment from the Holder (and if applicable a broker-dealer that is a member of the National Association of Securities Dealers (an a "NASD Dealer")), whereby the Holder irrevocably elects to exercise this Warrant and to sell a portion of the shares Shares so purchased to pay for the Purchase Price and the Holder (or, if applicable, the NASD Dealer) commits upon sale (or, in the case of the NASD Dealer, upon receipt) of such shares Shares to forward the Purchase Price directly to the Company.
Appears in 1 contract
Samples: Connected Corp
Easy Sale" Exercise. In lieu of the payment methods set forth in Section 3.1((b)2.1(b) above, when permitted by law and applicable regulations (including Nasdaq and NASD rules), the Holder may pay the Purchase Exercise Price through a "same day sale" commitment from the Holder (and if applicable a broker-dealer that is a member of the National Association of Securities Dealers (an a "NASD Dealer")), whereby the Holder irrevocably elects to exercise this Warrant and to sell a portion of the shares so purchased to pay the Purchase Price Exercise Price, and the Holder (or, if applicable, the NASD Dealer) commits upon sale (or, in the case of the NASD Dealer, upon receipt) of such shares to forward the Purchase Exercise Price directly to the Company.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Adflex Solutions Inc)