Exercise and Conversion Procedures. The Transfer Agent Instructions and Conversion Notice (as defined below) set forth all procedures, required information and instructions, including the form of legal opinion, if necessary, that shall be rendered to the Company's transfer agent and such other information and instruc-tions as may be reasonably necessary to enable the Buyers to convert the Debentures as contemplated in the Debentures.
Exercise and Conversion Procedures. (a) Certificates for shares of Warrant Stock purchased upon the exercise or conversion of this Warrant will be delivered by the Company to the Purchaser within five business days after the date of the Exercise Time or Conversion Time, as applicable. Unless this Warrant has expired or all of the purchase rights represented hereby have been exercised or converted, the Company will prepare a new Warrant, substantially identical hereto, representing the rights formerly represented by this Warrant which have not expired or been exercised or converted, and will, within such five-day period, deliver such new Warrant to the Person designated for delivery in the Exercise Notice or Conversion Notice, as applicable.
(b) The Warrant Stock issuable upon the exercise or conversion of this Warrant will be deemed to have been issued to the Purchaser, and the Purchaser will be deemed for all purposes to have become the record holder of such Warrant Stock, at the Exercise Time or Conversion Time, as applicable.
(c) The issuance of certificates for shares of Warrant Stock upon the exercise or conversion of this Warrant will be made without charge to the Holder or the Purchaser for any issuance tax in respect thereof or other cost incurred by the Company in connection with such exercise or conversion and the related issuance of shares of Warrant Stock. Each share of Warrant Stock issuable upon the exercise or conversion of this Warrant will, when issued in accordance with this Warrant, be fully paid and nonassessable and free from all liens and charges with respect to the issuance thereof.
(d) The Company will not close its books against the transfer of this Warrant or of any share of Warrant Stock issued or issuable upon the exercise or conversion of this Warrant in any manner which interferes with the timely exercise or conversion of this Warrant. The Company will from time to time take all such action as may be necessary to assure that the par value per share of the unissued Warrant Stock acquirable upon the exercise or conversion of this Warrant is at all times equal to or less than the Exercise Price then in effect.
(e) The Company will assist and cooperate with the Holder or Purchaser with respect to any governmental filings or governmental approvals required to be made or obtained prior to or in connection with any exercise or conversion of this Warrant (including making any filings and obtaining any approvals required to be made or obtained by the Company).
(f) Notwit...
Exercise and Conversion Procedures. The form of Exercise Notice (as defined in the Warrants) included in the Warrants sets forth the totality of the procedures required of the Buyer in order to exercise the Warrants. No legal opinion or other information or instructions shall be required of the Buyer to exercise any portion of the Warrants. The Company shall honor exercises of the Warrants and shall deliver the applicable number of Warrant Shares in accordance with the terms, conditions and time periods set forth in the Warrants. Without limiting the preceding sentences, no ink-original Exercise Notice shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Exercise Notice form be required in order to exercise any portion of any of the Warrants. The form of Conversion Notice (as defined in the Certificate of Designations of the Series B Stock) included in the Certificate of Designation of the Series B Stock sets forth the totality of the procedures required of the Buyer in order to convert the Series B Stock. No legal opinion or other information or instructions shall be required of the Buyer to convert any portion of the Series B Stock. The Company shall honor conversions of the Series B Stock and shall deliver the applicable number of Series B Preferred Shares in accordance with the terms, conditions and time periods set forth in the Series B Stock. Without limiting the preceding sentences, no ink-original Conversion Notice shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Conversion Notice form be required in order to exercise any portion of any of the Series B Stock.
Exercise and Conversion Procedures. Subject to compliance of the exercising Purchaser with the last sentence of Section 3.2(c) hereto, the form of Notice of Exercise included in the Warrants and the form of Notice of Conversion included in the Debentures set forth the totality of the procedures required of the Purchasers in order to exercise the Warrants or to convert the Debentures. No additional legal opinion, other information or instructions shall be required of the Purchasers to exercise their Warrants or convert their Debentures. Without limiting the preceding sentences, no ink-original Notice of Exercise or Notice of Conversion shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise form be required in order to exercise the Warrants or any Notice of Conversion form be required in order to convert the Debentures. The Company shall honor exercises of the Warrants and conversions of the Debentures and shall deliver Warrant Shares and Conversion Shares (as defined in the Debentures) in accordance with and subject to the terms, conditions and time periods set forth in the Transaction Documents.
Exercise and Conversion Procedures. The form of Notice of Exercise included in the Warrants set forth the totality of the procedures required of the Purchasers in order to exercise the Warrants. Each form of Notice of Conversion included in the Certificate of Designation sets forth the totality of the procedures required of the Purchasers in order to convert the Preferred Stock. Without limiting the preceding sentences, no ink-original Notice of Exercise or Notice of Conversion shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise or Notice of Conversion form be required in order to convert the Preferred Stock. No additional legal opinion, other information or instructions shall be required of the Purchasers to convert their Preferred Stock. The Company shall honor conversions of the Preferred Stock and shall deliver Underlying Shares in accordance with the terms, conditions and time periods set forth in the Transaction Documents.
Exercise and Conversion Procedures. The form of Exercise Notice (as defined in the Warrants) included in the Warrants sets forth the totality of the procedures required of the Buyer in order to exercise the Warrants. No legal opinion or other information or instructions shall be required of the Buyer to exercise any portion of the Warrants. The Company shall honor exercises of the Warrants and shall deliver the applicable number of Warrant Shares in accordance with the terms, conditions and time periods set forth in the Warrants. Without limiting the preceding sentences, no ink-original Exercise Notice shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Exercise Notice form be required in order to exercise any portion of any of the Warrants.
Exercise and Conversion Procedures. The form of Exercise Notice (as defined in the Series N Warrants) included in the Series N Warrants sets forth the totality of the procedures required of the Buyer in order to exercise the Series N Warrants. No legal opinion or other information or instructions shall be required of the Buyer to exercise any portion of the Series N Warrants. The Company shall honor exercises of the Series N Warrants and shall deliver the applicable number of Series N Warrant Shares in accordance with the terms, conditions and time periods set forth in the Series N Warrants. Without limiting the preceding sentences, no ink-original Exercise Notice shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Exercise Notice form be required in order to exercise any portion of any of the Series N Warrants. The form of Conversion Notice (as defined in the Certificate of Designations of the Series E Stock) included in the Certificate of Designation of the Series E Stock sets forth the totality of the procedures required of the Buyer in order to convert the Series E Stock. No legal opinion or other information or instructions shall be required of the Buyer to convert any portion of the Series E Stock. The Company shall honor conversions of the Series E Stock and shall deliver the applicable number of Series E Preferred Shares in accordance with the terms, conditions and time periods set forth in the Series E Stock. Without limiting the preceding sentences, no ink-original Conversion Notice shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Conversion Notice form be required in order to exercise any portion of any of the Series E Stock.
Exercise and Conversion Procedures. The form of Notice of Exercise included in the Warrants and the form of Notice of Conversion included in the Debentures set forth the totality of the procedures required of the Purchasers in order to exercise the Warrants or convert the Debentures. No additional legal opinion or other information or instructions shall be required of the Purchasers to exercise their Warrants or convert their Debentures. The Company shall honor exercises of the Warrants and conversion of the Debentures and shall deliver Underlying Shares in accordance with the terms, conditions and time periods set forth in the Transaction Documents.
Exercise and Conversion Procedures. Certificates for shares of Warrant Stock purchased upon the exercise or conversion of this Warrant will be delivered by the Company to the Purchaser within five business days after the date of the Exercise Time or Conversion Time, as applicable. Unless this Warrant has expired or all of the purchase rights represented hereby have been exercised or converted, the Company will prepare a new Warrant, substantially identical hereto, representing the rights formerly represented by this Warrant which have not expired or been exercised or converted, and will, within such five-day period, deliver such new Warrant to the Person designated for delivery in the Exercise Notice or Conversion Notice, as applicable.
Exercise and Conversion Procedures. Each of the form of Exercise Notice (as defined in the Warrants) included in the Warrants and the form of Conversion Notice (as defined in the Certificate of Designations) included in the Certificate of Designations set forth the totality of the procedures required of the Buyers in order to exercise the Warrants or convert the Preferred Shares. Except as provided in Section 5(d), no additional legal opinion, other information or instructions shall be required of the Buyers to exercise their Warrants or convert their Preferred Shares. The Company shall honor exercises of the Warrants and conversions of the Preferred Shares and shall deliver the Conversion Shares and Warrant Shares in accordance with the terms, conditions and time periods set forth in the Certificate of Designations and Warrants. Without limiting the preceding sentences, no ink-original Conversion Notice or Exercise Notice shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Conversion Notice or Exercise Notice form be required in order to convert the Preferred Shares or exercise the Warrants.
