Effectiveness of Exercise. This Warrant shall be deemed to have been exercised and the shares of Series B Preferred Stock shall be deemed to have been issued, as of the close of business on the date on which the Notice of Exercise, payment of the Exercise Price (unless a cashless exercise is being effected pursuant to Section 1.2(B)), and this Warrant are received by the Company, and all conditions and required deliveries to the Company, under Article III are satisfied or have been made.
Appears in 2 contracts
Samples: Warrant Agreement (Sixth Floor Investors LP), Credit Agreement (Cellular Dynamics International, Inc.)
Effectiveness of Exercise. This Warrant shall be deemed to have been exercised and the shares of Series B Preferred Common Stock shall be deemed to have been issued, as of the close of business on the latest date on which the Company receives all of the following: (a) the Notice of Exercise, payment of ; (b) the Exercise Price (unless a cashless exercise is being effected pursuant to Section 1.2(B1.3(Y)), ; and (c) this Warrant are received by the Company, and all conditions and required deliveries to the Company, under Article III are satisfied or have been madeWarrant.
Appears in 2 contracts
Samples: Warrant Agreement (Post Road Special Opportunity Fund II LP), Warrant Agreement (Digerati Technologies, Inc.)
Effectiveness of Exercise. This Warrant shall be deemed to have been exercised exercised, and the shares of Series B Preferred Common Stock shall be deemed to have been issued, as of the close of business on the date on which each of the Notice of Exercise, payment of the Exercise Price (unless a cashless exercise is being effected pursuant to Section 1.2(B)), and this Warrant are received by the Company, and all conditions and required deliveries to the Company, under Article III are satisfied or have been made.
Appears in 1 contract
Samples: Warrant Agreement (Adam Inc)
Effectiveness of Exercise. This Warrant shall be deemed to have been exercised and the shares of Series B Preferred Common Stock shall be deemed to have been issued, as of the close of business on the date on which the Notice of Exercise, payment of the Exercise Price (unless a cashless exercise is being effected pursuant to Section 1.2(B)), and this Warrant are received by the Company, and all conditions and required deliveries to the Company, under Article III are satisfied or have been made.
Appears in 1 contract
Samples: Credit Agreement (Cellular Dynamics International, Inc.)
