Common use of Issuance of Stock Certificates Clause in Contracts

Issuance of Stock Certificates. In the event of any exercise of the rights represented by this Warrant in accordance with and subject to the terms and conditions hereof, (i) certificates for the shares of Warrant Stock so purchased shall be dated the date of such exercise (if the deliveries required to be made by the Holder pursuant to Section 2(b) are received by the Issuer prior to 6:00 p.m. pacific time on the exercise date) and delivered to the Holder hereof within a reasonable time, not exceeding three (3) Trading Days after such exercise, and the Holder hereof shall be deemed for all purposes to be the Holder of the shares of Warrant Stock so purchased as of the date of such exercise, and (ii) unless this Warrant has expired, a new Warrant representing the number of shares of Warrant Stock, if any, with respect to which this Warrant shall not then have been exercised (less any amount thereof which shall have been canceled in payment or partial payment of the Warrant Price as hereinabove provided) shall also be issued to the Holder hereof at the Issuer's expense within such time.

Appears in 3 contracts

Samples: Telenetics Corp, Telenetics Corp, Telenetics Corp

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Issuance of Stock Certificates. In the event of any exercise of the rights represented by this Warrant in accordance with and subject to the terms and conditions hereof, (i) certificates for the shares of Warrant Stock so purchased shall be dated the date of such exercise (if the deliveries required to be made by the Holder pursuant to Section 2(b) are received by the Issuer prior to 6:00 p.m. pacific time on the exercise date) and delivered to the Holder hereof within a reasonable time, not exceeding three (3) Trading Business Days (as defined in the Purchase Agreement) after such exercise, and the Holder hereof shall be deemed for all purposes to be the Holder holder of the shares of Warrant Stock so purchased as of the date of such exercise, and (ii) unless this Warrant has expired, a new Warrant representing the number of shares of Warrant Stock, if any, with respect to which this Warrant shall not then have been exercised (less any amount thereof which shall have been canceled in payment or partial payment of the Warrant Price as hereinabove provided) shall also be issued to the Holder hereof at the Issuer's ’s expense within such time.

Appears in 2 contracts

Samples: Ocz Technology Group Inc, Ocz Technology Group Inc

Issuance of Stock Certificates. In the event of any exercise of the rights represented by this Warrant in accordance with and subject to the terms and conditions hereof, (i) certificates for the shares of Warrant Stock so purchased shall be dated the date of such exercise (if the deliveries required to be made by the Holder pursuant to Section 2(b) are received by the Issuer prior to 6:00 p.m. pacific time on the exercise date) and delivered to the Holder hereof within a reasonable time, not exceeding three (3) Trading Days after such exerciseexercise and receipt by the Issuer of the surrendered Warrant, and the Holder hereof shall be deemed for all purposes to be the Holder of the shares of Warrant Stock so purchased as of the date of such exercise, and (ii) unless this Warrant has expired, a new Warrant representing the number of shares of Warrant Stock, if any, with respect to which this Warrant shall not then have been exercised (less any amount thereof which shall have been canceled in payment or partial payment of the Warrant Price as hereinabove provided) shall also be issued to the Holder hereof at the Issuer's expense within such time.

Appears in 2 contracts

Samples: Registration Rights Agreement (Ip Voice Com Inc), Securities Purchase Agreement (Ip Voice Com Inc)

Issuance of Stock Certificates. In the event of any exercise of the rights represented by this Warrant in accordance with and subject to the terms and conditions hereof, (i) certificates for the shares of Warrant Stock so purchased shall be dated the date of such exercise (if the deliveries required to be made by the Holder pursuant to Section SECTION 2(b) are received by the Issuer prior to 6:00 5:00 p.m. pacific eastern time on the exercise date) and delivered to the Holder hereof within a reasonable time, not exceeding three (3) Trading Days after such exercise, and the Holder hereof shall be deemed for all purposes to be the Holder of the shares of Warrant Stock so purchased as of the date of such exercise, and (ii) unless this Warrant has expired, a new Warrant representing the number of shares of Warrant Stock, if any, with respect to which this Warrant shall not then have been exercised (less any amount thereof which shall have been canceled in payment or partial payment of the Warrant Price as hereinabove provided) shall also be issued to the Holder hereof at the Issuer's expense within such timetime or as soon as practicable thereafter.

Appears in 2 contracts

Samples: Telenetics Corp, Telenetics Corp

Issuance of Stock Certificates. In the event of any exercise of the rights represented by this Warrant Warrants in accordance with and subject to the terms and conditions hereofhereof and the Warrant Certificate, (i) certificates for the shares of Warrant Stock so purchased shall be dated the date of such exercise (if the deliveries required to be made by the Holder pursuant to Section 2(b) are received by the Issuer prior to 6:00 p.m. pacific time on the exercise date) and delivered to the Holder hereof within a reasonable time, not exceeding three five (35) Trading Days calendar days after such exercise, the exercise notice is delivered to the Company (the “Delivery Date”) and the Holder hereof shall be deemed for all purposes to be the Holder holder of the shares of Warrant Stock so purchased as of the date of such exercise, exercise and (ii) unless this Warrant has the Warrants have expired, a new Warrant Certificate representing the number of shares of Warrant Stock, if any, with respect to which this the presented Warrant Certificate shall not then have been exercised (less any amount thereof which shall have been canceled in payment or partial payment of the Warrant Price as hereinabove provided) shall also be issued to the Holder hereof at the Issuer's Company’s expense within such time.

Appears in 2 contracts

Samples: Financial Advisor Warrant Agreement (Panache Beverage, Inc.), Financial Advisor Warrant Agreement (Panache Beverage, Inc.)

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Issuance of Stock Certificates. In the event of any exercise of the rights represented by this Warrant in accordance with and subject to the terms and conditions hereof, (i) certificates for the shares of Warrant Stock so purchased shall be dated the date of such exercise (if the deliveries required to be made by the Holder pursuant to Section 2(bSECTION 2(B) are received by the Issuer prior to 6:00 p.m. pacific time on the exercise date) and delivered to the Holder hereof within a reasonable time, not exceeding three (3) Trading Days after such exercise, and the Holder hereof shall be deemed for all purposes to be the Holder of the shares of Warrant Stock so purchased as of the date of such exercise, and (ii) unless this Warrant has expired, a new Warrant representing the number of shares of Warrant Stock, if any, with respect to which this Warrant shall not then have been exercised (less any amount thereof which shall have been canceled in payment or partial payment of the Warrant Price as hereinabove provided) shall also be issued to the Holder hereof at the Issuer's expense within such time.

Appears in 1 contract

Samples: Telenetics Corp

Issuance of Stock Certificates. In the event of any exercise of the rights represented by this Warrant in accordance with and subject to the terms and conditions hereof, (i) certificates for the shares of Warrant Stock so purchased shall be dated the date of such exercise (if the deliveries required to be made by the Holder pursuant to Section 2(bSECTION 2(B) are received by the Issuer prior to 6:00 5:00 p.m. pacific eastern time on the exercise date) and delivered to the Holder hereof within a reasonable time, not exceeding three (3) Trading Days after such exercise, and the Holder hereof shall be deemed for all purposes to be the Holder of the shares of Warrant Stock so purchased as of the date of such exercise, and (ii) unless this Warrant has expired, a new Warrant representing the number of shares of Warrant Stock, if any, with respect to which this Warrant shall not then have been exercised (less any amount thereof which shall have been canceled in payment or partial payment of the Warrant Price as hereinabove provided) shall also be issued to the Holder hereof at the Issuer's expense within such timetime or as soon as practicable thereafter.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Telenetics Corp)

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