Common use of Exercise, Exercise Price, Settlement and Delivery Clause in Contracts

Exercise, Exercise Price, Settlement and Delivery. (a) Subject to the provisions of this Agreement, each Preference Warrant shall entitle the registered holder thereof to purchase from the Company on any Business Day during the period beginning on the Preference Exercise Date and ending at 5:00 p.m., New York City time, on the Preference Expiration Date 110 fully paid, registered and non-assessable Preference Warrant Shares (and any other securities purchasable or deliverable upon exercise of such Preference Warrant as provided in Article V), subject to adjustment in accordance with Article V hereof, at the purchase price of $10.00 for each share purchased (the "Preference Exercise Price"). The number and amount of Preference Warrant Shares issuable upon exercise of a Preference Warrant (the "Preference Exercise Rate") at the Preference Exercise Price shall be subject to adjustment from time to time as set forth in Article V hereof.

Exercise, Exercise Price, Settlement and Delivery. (a) Subject to the provisions of this Agreement, each Preference Warrant shall entitle the registered holder thereof to purchase from the Company on any Business Day during the period beginning on the Preference Exercise Date and ending at 5:00 p.m., New York City time, on the Preference Expiration Date 110 fully paid, registered and non-assessable Preference Warrant Shares (and any other securities purchasable or deliverable upon exercise of such Preference Warrant as provided in Article V), subject to adjustment in accordance with Article V hereof, at the purchase price of $10.00 for each share purchased (the "Preference Exercise PricePREFERENCE EXERCISE PRICE"). The number and amount of Preference Warrant Shares issuable upon exercise of a Preference Warrant (the "Preference Exercise RatePREFERENCE EXERCISE RATE") at the Preference Exercise Price shall be subject to adjustment from time to time as set forth in Article V hereof.