Effect of Exercise of Warrants. Upon surrender and payment as aforesaid, the Shares so subscribed for will be deemed to have been issued, and the Holder will be deemed to have become the holder of such Shares on the date of such surrender and payment, and such Shares will be issued in exchange for the aggregate Exercise Price, as such Exercise Price may be adjusted in the events and in the manner described herein. Any Warrants surrendered to the Company for exercise shall be deemed to be cancelled upon such surrender.
Appears in 4 contracts
Samples: Securities Purchase Agreement (MedMen Enterprises, Inc.), Securities Purchase Agreement (MedMen Enterprises, Inc.), Securities Purchase Agreement (MedMen Enterprises, Inc.)
Effect of Exercise of Warrants. Upon surrender and payment as aforesaid, the Shares shares so subscribed for will be deemed to have been issued, and the Holder will be deemed to have become the holder of such Shares shares on the date of such surrender and payment, and such Shares shares will be issued in exchange for at the aggregate Exercise Price, as such Exercise Price as may be adjusted in the events and in the manner described herein. Any Warrants surrendered to the Company for exercise shall be deemed to be cancelled upon such surrender.
Appears in 2 contracts
Samples: Investment Agreement (Body & Mind Inc.), Loan Agreement (Body & Mind Inc.)
Effect of Exercise of Warrants. Upon surrender and payment as aforesaid, the Shares so subscribed for will be deemed to have been issued, and the Holder will be deemed to have become the holder of such Shares on the date of such surrender and payment, and such Shares will be issued in exchange for the aggregate Exercise Price, as such Exercise Price may be adjusted in the events and in the manner described herein. Any Warrants surrendered to the Company for exercise shall be deemed to be cancelled upon such surrender.
Appears in 1 contract
Samples: Securities Purchase Agreement (4Front Ventures Corp.)
Effect of Exercise of Warrants. Upon surrender and payment as aforesaid, the Shares so subscribed for will be deemed to have been issued, and the Holder will be deemed to have become the holder of such Shares on the date of such surrender and payment, and such Shares will be issued in exchange for the aggregate Exercise Price, Price as such Exercise Price may be adjusted in the events and in the manner described herein. Any Warrants surrendered to the Company for exercise shall be deemed to be cancelled upon such surrender.
Appears in 1 contract
Samples: Securities Purchase Agreement (Cannex Capital Holdings Inc.)
