Issuance of the Warrant Shares. (a) The Company agrees that the Warrant Shares shall be and will be deemed to be issued to the Holder as of the close of business on the date on which this Warrant shall have been surrendered and the payment made for such Warrant Shares as provided herein. Subject to the provisions of the next section, certificates for the Warrant Shares so purchased shall be delivered to the Holder within a reasonable time after the rights represented by this Warrant shall have been so exercised, and, unless this Warrant has expired, a new Warrant representing the right to purchase the number of Warrant Shares, if any, with respect to which this Warrant shall not then have been exercised shall also be delivered to the Holder within such time.
Appears in 8 contracts
Samples: Vycor Medical Inc, Vycor Medical Inc, Cascade Sled Dog Adventures Inc
Issuance of the Warrant Shares. (a) The Company agrees that the Warrant Shares shares of Common Stock purchased hereby shall be and will be are deemed to be issued to the Holder as of the close of business on the date on which this Warrant shall have been surrendered and the payment made for such Warrant Shares as provided hereinaforesaid. Subject to the provisions of the next section, certificates Certificates for the Warrant Shares so purchased shall be delivered to the Holder within a reasonable time time, not exceeding five business days after the rights represented by this Warrant shall have been so exercised, and, unless this Warrant has expired, a new Warrant representing the right to purchase the number of Warrant Shares, if any, with respect to which this Warrant shall not then have been exercised shall also be delivered to the Holder within such time.
Appears in 3 contracts
Samples: Warrant And (Xata Corp /Mn/), TCV Vii Lp, Xata Corp /Mn/
Issuance of the Warrant Shares. (a) The Company agrees that the Warrant Shares shall be and will be deemed to be issued to the Holder as of the close of business on the date on which this Warrant shall have been surrendered and the payment made for such Warrant Shares as provided herein. Subject to the provisions of the next section, certificates for the Warrant Shares so purchased shall be delivered to the Holder within a reasonable time after the rights represented by this Warrant shall have been so exercised, and, . unless this Warrant has expired, a new Warrant representing the right to purchase the number of Warrant Shares, if any, with respect to which this Warrant shall not then have been exercised shall also be delivered to the Holder within such time.
Appears in 2 contracts
Samples: Vycor Medical Inc, Vycor Medical Inc
Issuance of the Warrant Shares. (a) The Company agrees that the Warrant Shares shares of Common Stock purchased hereby shall be and will be are deemed to be issued to the Holder as of the close of business on the date on which this Warrant shall have been surrendered and the payment made for such Warrant Shares as provided hereinaforesaid. Subject to the provisions of the next section, certificates Certificates for the Warrant Shares so purchased shall be delivered to the Holder within a reasonable time time, not exceeding five (5) business days after the rights represented by this Warrant shall have been so exercised, and, unless this Warrant has expired, a new Warrant representing the right to purchase the number of Warrant Shares, if any, with respect to which this Warrant shall not then have been exercised shall also be delivered to the Holder within such time.
Appears in 2 contracts
Samples: Warrant And (Xata Corp /Mn/), Xata Corp /Mn/