Forms of Payment Authorized. Payment of the Exercise Price may be made in cash or by certified or bank cashier's check. With the expiration of the 144 restriction, the Holder may elect to convert their warrants to shares of Common Stock through a cashless exercise.
Forms of Payment Authorized. Payment of the Exercise Price may be made (i) in cash, by certified or official bank check, or cash equivalent, (ii) by tender to the Company of shares of the Company’s stock owned by the Holder having a value, as determined by the Company’s Board of Directors (but without regard to any restrictions on transferability applicable to such stock by reason of federal or state securities laws or agreements with an underwriter for the Company), not less than the Exercise Price, or (iii) “cashless exercise” by the assignment to a broker-dealer registered under the Securities Exchange Act of 1934, as amended (“Exchange Act”), of the proceeds of a sale of some or all of the shares being acquired upon the exercise of this Selling Agent’s Warrant, provided such assignment complies with Regulation T as promulgated under the Exchange Act by the Board of Governors of the Federal Reserve System, (iv) -by tender to the Company of a portion of this Selling Agent’s Warrant, which portion shall be deemed to have a value equal to the difference between the exercise price and the fair market value per share of the Common Stock purchasable upon exercise of the portion of this Selling Agent’s Warrant tendered (as determined by reference to the closing transaction price or in the absence thereof, the closing bid price, on the trading date preceding the date that such tender is made, or if no trading market exists, then pursuant to section 2(c) below), or (v) by any combination thereof.
Forms of Payment Authorized. Upon exercise of this Warrant, the Holder may, at its discretion, pay the Exercise Price (i) with cash or by certified or banker’s check, (ii) by “cashless exercise,” in other words by surrendering that number of shares of Common Stock issuable upon exercise of this Warrant determined by multiplying the number of shares of Common Stock to which the Holder would otherwise be entitled in connection with that exercise by a fraction, the numerator of which is the Market Price as of the date of surrender of this Warrant minus the Exercise Price and the denominator of which is the Market Price as of such date of surrender, or (iii) any combination of (i) and (ii) above. For purposes of this Section 1(b), “Market Price,” as of any date, means (1) the average of the last reported sale price (or, in the absence thereof, the average of the closing bid and asked prices) per share for shares of Common Stock on the OTC Pink for the five (5) trading days immediately preceding that date as reported by the OTC Markets Group, Inc., or (2) if the OTC Pink is not the principal trading market for shares of Common Stock, the average of the last reported sale price (or, in the absence thereof, the average of the closing bid and asked prices) per share on the principal trading market for the Common Stock during the same period as reported by Bloomberg, or (3) if market value cannot be calculated as of that date on either of the foregoing bases, the fair market value as reasonably determined in good faith by the board of directors of the Company.
Forms of Payment Authorized. Upon exercise of this Warrant, the Holder shall pay the Exercise Price with cash or by certified or banker’s check.
Forms of Payment Authorized. Except with respect to the consulting and related legal services provided and to be provided in the future to the Company by Optionee, the receipt and sufficiency of which is hereby acknowledged by the Company at the date hereof, Optionee shall deliver to the Company, at the time of giving the notice one of the following:
(a) Cash. Payment in Cash, by check or via wire transfer in U.S. Dollars in the full amount of the Purchase Price; or
Forms of Payment Authorized. Upon Exercise of the Warrant, the Holder shall deliver to the Corporation, at the time of giving the notice of exercise payment in one of the following forms:
(a) Cash Payment. Payment in form of cash, by certified or official bank check or via wire transfer, in United States Dollars for each share being purchased; or
Forms of Payment Authorized. Payment of the Exercise Price may be made in cash or by certified or bank cashier's check.
Forms of Payment Authorized. Optionee shall deliver to the Company, at the time of giving the notice one of the following:
(a) Cash. Payment in Cash, by check or via wire transfer in U.S. Dollars in the full amount of the Purchase Price; or
Forms of Payment Authorized. Payment of the exercise price for the number of shares for which the Option is being exercised shall be made by one of the following methods: (A) in cash, by check, or cash equivalent; or (B) by Immediate Sales Proceeds, i.e., the assignment in form acceptable to the Company of the proceeds of a sale of some or all of the shares acquired upon the exercise of the Option pursuant to a program and/or procedure approved by the Company.
Forms of Payment Authorized. Payment of the exercise price for the number of shares for which the Option is being exercised shall be made
(A) in cash, by check, or cash equivalent;
(B) by tender to the Company of shares of the Company's common stock owned by the Optionee having a fair market value, as determined by the Board, not less than the exercise price, which either have been owned by the Optionee for more than six (6) months or were not acquired, directly or indirectly, from the Company;
(C) if expressly authorized by the Company at the time of Option exercise, in its sole discretion, by the Optionee's recourse promissory note in a form approved by the Company;
(D) by Immediate Sales Proceeds, as defined below;
(E) by any combination of the foregoing.
