Exercise of Purchase Warrants Sample Clauses

Exercise of Purchase Warrants. Nothing contained in this Purchase Warrant shall be construed as requiring the Holder(s) to exercise their Purchase Warrants prior to or after the initial filing of any registration statement or the effectiveness thereof.
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Exercise of Purchase Warrants. 3.1 INTENTIONALLY LEFT BLANK
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Exercise of Purchase Warrants. (a) Each whole P1 Warrant will be exercisable for a period of two years from the Phase 1 Closing Date at an exercise price of $2.50 per Common Share, provided that if the exercise price is lower than the market price permitted under the TSXV rules on the news release date in connection with announcing receipt of the Phase 1 Notice then the exercise price will be increased such that it is equal to the market price as permitted under the TSXV rules. Notwithstanding the foregoing, the P1 Warrants will not be exercisable during the 65 day period immediately following the Phase 1 Closing Date. The Common Shares issuable on exercise of such P1 Warrants will rank pari passu with all Common Shares of the Company issued and outstanding on the date of exercise. (b) Each whole P2 Warrant will be exercisable for a period of two years from the Phase 2 Closing Date at an exercise price equal to 125% of the Phase 2 Purchase Price, provided that if the exercise price is lower than the market price permitted under the TSXV rules on the news release date in connection with announcing receipt of the Phase 2 Notice then the exercise price will be increased such that it is equal to the market price as permitted under the TSXV rules. The Common Shares issuable on exercise of such P2 Warrants will rank pari passu with all Common Shares of the Company issued and outstanding on the date of exercise.
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Exercise of Purchase Warrants. Each Purchase Warrant may be purchased upon delivery to the Company at its principal office, the following: (a) payment of the Warrant Purchase Price, (b) the Subscription Form (attached hereto as Appendix “B” to this Subscription Agreement) providing written notice setting out the number of Purchase Warrants to be purchased, and (c) delivery of the Warrant to Purchase Common Shares of Sockeye Seafood Group, Inc. Upon payment of the Warrant Purchase Price and delivery of the required documentation, the Company will issue and cause to be delivered with all reasonable dispatch to or upon the written order of Subscriber, a certificate or certificates for the number of shares of the Company’s common stock so purchased. The right to purchase represented by the Purchase Warrants shall be exercisable, at the election of the Subscriber thereof, either in full or from time to time in part. In the event the Purchase Warrants are exercised in respect to less than all of the Purchase Warrants convertible prior to the date of expiration thereof, the remaining Purchase Warrants will continue to be subject to adjustment as set forth in herein.
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Exercise of Purchase Warrants. Nothing contained in this Purchase Warrant shall be construed as requiring Aegis to exercise the Purchase Warrant prior to or after the initial filing of any registration statement or the effectiveness thereof.
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Exercise of Purchase Warrants 
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Related to Exercise of Purchase Warrants

  • Exercise of Warrants (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing. (b) The Warrant Agent shall, from time to time, as promptly as practicable, advise the Company of (i) the number of Warrant Securities with respect to which Warrants were exercised, (ii) the instructions of each holder of the Warrant Certificates evidencing such Warrants with respect to delivery of the Warrant Securities to which such holder is entitled upon such exercise, (iii) delivery of Warrant Certificates evidencing the balance, if any, of the Warrants for the remaining Warrant Securities after such exercise, and (iv) such other information as the Company shall reasonably require. (c) As soon as practicable after the exercise of any Warrant, the Company shall issue to or upon the order of the holder of the Warrant Certificate evidencing such Warrant the Warrant Securities to which such holder is entitled, in fully registered form, registered in such name or names as may be directed by such holder. If fewer than all of the Warrants evidenced by such Warrant Certificate are exercised, the Company shall execute, and an authorized officer of the Warrant Agent shall manually countersign and deliver, a new Warrant Certificate evidencing Warrants for the number of Warrant Securities remaining unexercised. (d) The Company shall not be required to pay any stamp or other tax or other governmental charge required to be paid in connection with any transfer involved in the issue of the Warrant Securities, and in the event that any such transfer is involved, the Company shall not be required to issue or deliver any Warrant Security until such tax or other charge shall have been paid or it has been established to the Company’s satisfaction that no such tax or other charge is due. (e) Prior to the issuance of any Warrants there shall have been reserved, and the Company shall at all times through the Expiration Date keep reserved, out of its authorized but unissued Warrant Securities, a number of shares sufficient to provide for the exercise of the Warrants.

  • Terms and Exercise of Warrants (a) Subject to the terms of this Agreement, the Warrants shall be exercisable and each Holder shall have the right, which may be exercised at any time from and including October 1, 2009 and prior to or on November 30, 2009 (the “Expiration Date”), unless extended or accelerated per Section 2(c) below, to purchase from the Bank the number of Shares which the Holder may at the time be entitled to purchase on exercise of such Warrants, as identified on the Master Warrant Certificate. The Bank shall provide each Holder with a warrant exercise form (the "Exercise Form") prior to or contemporaneous with the commencement of the warrant exercise period. (b) Warrants may only be exercised for the purchase of whole Shares. Warrants may be exercised upon delivery to the Bank of a completed Exercise Form and upon payment to the Bank of the Warrant Exercise Price (as defined herein), for the number of Shares in respect of which such Warrants are then exercised. Payment of the aggregate Warrant Exercise Price shall be made by certified or official bank check, wire transfer or debit from an account at the Bank. Upon such delivery of the Exercise Form and payment of the Warrant Exercise Price as aforesaid, the Bank shall issue and cause to be delivered as promptly as possible to or upon the written order of the Holder, and in such name or names as the Holder may designate, a certificate or certificates for the number of full Shares so purchased upon the exercise of such Warrants. Such certificate or certificates shall be deemed to have been issued and any person so designated to be named therein shall be deemed to have become a holder of record of such Shares as of the date of the delivery of the Exercise Form and payment of the Warrant Exercise Price, as aforesaid. (c) The Bank may accelerate or extend the Expiration Date at any time, in its discretion to a date not earlier than 60 days following mailing of notice. Notice of the acceleration or extension, as applicable, shall contain the accelerated Expiration Date (the “Accelerated Expiration Date”) or the extended Expiration date (the "Extended Expiration Date"), as applicable.

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