Common use of Exercise of Class A Warrants Clause in Contracts

Exercise of Class A Warrants. Subject to the terms and conditions set forth in this Section 8, Class A Warrants may be exercised, in whole or in part (but not as to any fractional part), at any time or from time to time on and after the Warrant Commencement Date and on or prior to 5:00 p.m., Eastern time, on the Warrant Expiration Date. In order to exercise any Class A Warrant, the Warrant Holder shall deliver to the Company at its office referred to in Section 15 of this Warrant Agreement the following: (i) a written notice of such Warrant Holder's election to exercise the Class A Warrants in the form of the Election to Purchase attached as Exhibit A.2 Form of Election to Purchase hereto, specifying the number of CI ass A Warrants being exercised; (ii) the Warrant Certificate(s), if any, evidencing the Class A Warrants being exercised; and (iii) payment of the aggregate Exercise Price by wire transfer payable to an account designated by the Company in writing. All rights of the Warrant Holder with respect to any Class A Warrants that have not been exercised, on or prior to 5:00 p.m., Eastern time, on the Warrant Expiration Date, shall immediately cease and such Class A Warrants shall be automatically cancelled and be deemed null and void. Payment of Exercise Price: Payment of the Exercise Price with respect to Class A Warrants being exercised hereunder shall be made by the payment to the Company by wire transfer, of an amount equal to the Exercise Price multiplied by the number of Class A Warrants then being exercised.

Appears in 20 contracts

Samples: Subscription and Investor's Representation Agreement (KinerjaPay Corp.), Subscription and Investor's Representation Agreement (KinerjaPay Corp.), Subscription and Investor's Representation Agreement (KinerjaPay Corp.)

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Exercise of Class A Warrants. Subject to the terms and conditions set forth in this Section 8, Class A Warrants may be exercised, in whole or in part (but not as to any fractional part), at any time or from time to time on and after the Warrant Commencement Date and on or prior to 5:00 p.m., Eastern time, on the Warrant Expiration Date. In order to exercise any Class A Warrant, the Warrant Holder shall deliver to the Company at its office referred to in Section 15 of this Warrant Agreement the following: (i) a written notice of such Warrant Holder's election to exercise the Class A Warrants in the form of the Election to Purchase attached as Exhibit A.2 Form of Election to Purchase hereto, specifying the number of CI ass A Warrants being exercised; (ii) the Warrant Certificate(s), if any, evidencing the Class A Warrants being exercised; and (iii) payment of the aggregate Exercise Price by wire transfer payable to an account designated by the Company in writing. All rights of the Warrant Holder with respect to any Class A Warrants that have not been exercised, on or prior to 5:00 p.m., Eastern time, on the Warrant Expiration Date, shall immediately cease and such Class A Warrants shall be automatically cancelled and be deemed null and void. Payment of Exercise Price: Payment of the Exercise Price with respect to Class A Warrants being exercised hereunder shall be made by the payment to the Company by wire transfer, of an amount equal to the Exercise Price multiplied by the number of Class A Warrants then being exercised.

Appears in 1 contract

Samples: Subscription Agreement

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Exercise of Class A Warrants. Exercise: Subject to the terms and conditions set forth in this Section 8, Class A Warrants may be exercised, in whole or in part (but not as to any fractional part), at any time or from time to time on and after the Warrant Commencement Date and on or prior to 5:00 p.m., Eastern time, on the Warrant Expiration Date. In order to exercise any Class A Warrant, the Warrant Holder shall deliver to the Company at its office referred to in Section 15 of this Warrant Agreement the following: (i) a written notice of such Warrant Holder's election to exercise the Class A Warrants in the form of the Election to Purchase attached as Exhibit A.2 - Form of Election to Purchase hereto, specifying the number of CI ass Class A Warrants being exercised; (ii) the Warrant Certificate(s), if any, evidencing the Class A Warrants being exercised; and (iii) payment of the aggregate Exercise Price by wire transfer payable to an account designated by the Company in writing. All rights of the Warrant Holder with respect to any Class A Warrants that have not been exercised, on or prior to 5:00 p.m., Eastern time, on the Warrant Expiration Date, shall immediately cease and such Class A Warrants shall be automatically cancelled and be deemed null and void. Payment of Exercise Price: Payment of the Exercise Price with respect to Class A Warrants being exercised hereunder shall be made by the payment to the Company by wire transfer, of an amount equal to the Exercise Price multiplied by the number of Class A Warrants then being exercised.

Appears in 1 contract

Samples: Subscription and Investor's Representation Agreement (KinerjaPay Corp.)

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