Common use of Issuance of Pre-Funded Warrants Clause in Contracts

Issuance of Pre-Funded Warrants. Upon the initial issuance of the Pre-funded Warrants, the Warrant Agent shall issue the Global Warrant and deliver the Pre-funded Warrants in the DTC book-entry settlement system in accordance with written instructions delivered to the Warrant Agent by the Company. Ownership of security entitlements in the Pre-funded Warrants shall be shown on, and the transfer of such ownership shall be effected through, records maintained (i) by DTC and (ii) by institutions that have accounts with DTC (each, a “Participant”).

Appears in 7 contracts

Samples: Warrant Agent Agreement (Bruush Oral Care Inc.), Warrant Agent Agreement (Wearable Devices Ltd.), Warrant Agent Agreement (Sharps Technology Inc.)

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Issuance of Pre-Funded Warrants. Upon the initial issuance of the Pre-funded Funded Warrants, the Warrant Agent shall issue the Global Warrant and deliver the Pre-funded Funded Warrants in the DTC book-entry settlement system in accordance with written instructions delivered to the Warrant Agent by the Company. Ownership of security entitlements in the Pre-funded Funded Warrants shall be shown on, and the transfer of such ownership shall be effected through, records maintained (i) by DTC and (ii) by institutions that have accounts with DTC (each, a “Participant”).

Appears in 5 contracts

Samples: Warrant Agent Agreement (Infinite Group Inc), Warrant Agent Agreement (Jeffs' Brands LTD), Warrant Agent Agreement (ParaZero Technologies Ltd.)

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