Common use of Issuance of the Warrant Shares Clause in Contracts

Issuance of the Warrant Shares. (a) Subject to the provisions of paragraph (b) below, certificates for the Warrant Shares purchased hereunder shall be delivered to the Holder within a reasonable time, not exceeding five business days, after the rights represented by this Warrant shall have been exercised in accordance with the requirements hereof, 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. (b) Notwithstanding the foregoing, the Company shall not be required to recognize any exercise, or deliver any certificate for Warrant Shares upon attempted exercise, of this Warrant except in accordance with exemptions from the applicable securities, registration requirements or registrations under applicable securities laws. The Company shall not be obligated to effect a registration of the Warrant Shares under federal or state securities laws unless specifically so provided herein. The Holder agrees to execute such documents and make such representations, warranties and agreements as may be required solely to comply with the exemptions relied upon by the Company, or the registrations made, for the issuance of the Warrant Shares or their later resale pursuant to a registration statement filed by the Company.

Appears in 2 contracts

Samples: Warrant Agreement (Uron Inc), Warrant Agreement (Pacific Alliance Corp /Ut/)

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Issuance of the Warrant Shares. (a) Subject The Company agrees that the shares of Common Stock purchased hereby shall be and are deemed to be issued to the provisions Holder as of paragraph (b) below, certificates the close of business on the date on which this Warrant shall have been surrendered and the payment made for such Warrant Shares as aforesaid. Certificates for the Warrant Shares so purchased hereunder shall be delivered to the Holder within a reasonable time, not exceeding five (5) business days, days after the rights represented by this Warrant shall have been exercised in accordance with the requirements hereofso 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. (b) Notwithstanding the foregoing, however, the Company shall not be required to recognize any exercise, or deliver any certificate for Warrant Shares upon attempted exercise, exercise of this Warrant except in accordance with exemptions from the applicable securities, securities registration requirements or registrations under applicable securities laws. The Nothing herein, however, shall obligate the Company shall not be obligated to effect a registration of the Warrant Shares registrations under federal or state securities laws unless specifically so provided hereinlaws. The Holder agrees to execute such documents and make such representations, warranties warranties, and agreements as may be required solely to comply with the exemptions relied upon by the Company, or the registrations made, for the issuance of the Warrant Shares or their later resale pursuant to a registration statement filed by the CompanyShares.

Appears in 2 contracts

Samples: Warrant Agreement (Xata Corp /Mn/), Warrant Agreement (Xata Corp /Mn/)

Issuance of the Warrant Shares. (a) Subject to the provisions of paragraph (b) below, certificates for the Warrant Shares purchased hereunder shall be delivered to the Holder within a reasonable time, not exceeding five business 20 days, after the rights represented by this Warrant shall have been exercised in accordance with the requirements hereofso exercised, and, unless this Warrant has shall have 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. (b) Notwithstanding the foregoing, the Company shall not be required to recognize any exercise, exercise or deliver any certificate for Warrant Shares upon attempted exercise, of this Warrant except in accordance with exemptions from the applicable securities, securities registration requirements or registrations under federal and applicable state securities laws. The In this regard, the Company shall not be obligated to effect affect a registration of the issuance or resale of the Warrant Shares under federal or applicable state securities laws unless specifically so provided herein. The Holder agrees to execute such documents and make such representations, warranties and agreements as may be reasonably required solely by the Company to comply with with, or evidence the right of the Company to claim, the exemptions relied upon by the Company, or the registrations made, for the issuance of the Warrant Shares or their later resale pursuant to a registration statement filed by the CompanyShares.

Appears in 1 contract

Samples: Warrant Agreement (Tru Shrimp Companies, Inc.)

Issuance of the Warrant Shares. (a) Subject The Company agrees that the shares of Common Stock purchased hereby shall be and are deemed to be issued to the provisions Holder as of paragraph (b) below, certificates the close of business on the date on which this Warrant shall have been surrendered and the payment made for such Warrant Shares as aforesaid. Certificates for the Warrant Shares so purchased hereunder shall be delivered to the Holder within a reasonable time, not exceeding five business days, fifteen (15) days after the rights represented by this Warrant shall have been exercised in accordance with the requirements hereofso 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. (b) Notwithstanding the foregoing, however, the Company shall not be required to recognize any exercise, or deliver any certificate for Warrant Shares upon attempted exercise, exercise of this Warrant except in accordance with exemptions from the applicable securities, securities registration requirements or registrations under applicable securities laws. The Nothing herein, however, shall obligate the Company shall not be obligated to effect a registration of the Warrant Shares registrations under federal or state securities laws unless specifically so provided hereinlaws. The Holder agrees to execute such documents and make such representations, warranties warranties, and agreements as may be required solely to comply with the exemptions relied upon by the Company, or the registrations made, for the issuance of the Warrant Shares or their later resale pursuant to a registration statement filed by the CompanyShares.

Appears in 1 contract

Samples: Warrant Agreement (Xata Corp /Mn/)

Issuance of the Warrant Shares. (a) Subject to the provisions of paragraph (b) below, certificates for the Warrant Shares purchased hereunder shall be delivered to the Holder within a reasonable time, not exceeding five business ten days, after the rights represented by this Warrant shall have been exercised in accordance with the requirements hereofso 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. (b) Notwithstanding the foregoing, the Company shall not be required to recognize any exercise, exercise or deliver any certificate for Warrant Shares upon attempted exercise, exercise of this Warrant except in accordance with exemptions from the applicable securities, registration requirements or registrations under applicable securities laws. The Company shall not be obligated to effect a registration of the Warrant Shares under federal or state securities laws unless specifically so provided herein. The Holder agrees to execute such documents and make such representations, warranties warranties, and agreements as may be required solely to comply with the exemptions relied upon by the Company, or the registrations made, for the issuance of the Warrant Shares or their later resale pursuant to a registration statement filed by the CompanyShares.

Appears in 1 contract

Samples: Warrant Agreement (Uron Inc)

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Issuance of the Warrant Shares. (a) Subject to the provisions of paragraph (b) below, certificates for the Warrant Shares purchased hereunder shall be delivered to the Holder within a reasonable time, not exceeding five business ten days, after the rights represented by this Warrant shall have been exercised in accordance with the requirements hereofso 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. (b) Notwithstanding the foregoing, the Company shall not be required to recognize any exercise, or deliver any certificate for Warrant Shares upon attempted exercise, of this Warrant except in accordance with exemptions from the applicable securities, securities registration requirements or registrations under applicable securities laws. The Company shall not be obligated to effect a registration of the issuance or resale of the Warrant Shares under federal or state securities laws unless specifically so provided herein. The Holder agrees to execute such documents and make such representations, warranties warranties, and agreements as may be required solely to comply with the exemptions relied upon by the Company, or the registrations made, for the issuance of the Warrant Shares or their later resale pursuant to a registration statement filed by the CompanyShares.

Appears in 1 contract

Samples: Warrant Agreement (Webdigs Inc)

Issuance of the Warrant Shares. (a) The Company agrees that the shares of Common Stock purchased upon exercise of this Warrant shall be and 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 aforesaid. Subject to the provisions of paragraph (b) belowof this Section 3, certificates for the Warrant Shares so purchased hereunder shall be delivered to the Holder within a reasonable time, not exceeding five business days, fifteen (15) days after the rights represented by this Warrant shall have been exercised in accordance with the requirements hereofso exercised, and, unless this Warrant has expired, a new Warrant 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 and which have not terminated pursuant to Section 1(c) shall also be delivered to the Holder within such time. (b) Notwithstanding the foregoing, the Company shall not be required to recognize any exercise, or deliver any certificate for Warrant Shares upon attempted exercise, exercise of this Warrant except in accordance with exemptions from the applicable securities, securities registration requirements or registrations under applicable securities laws. The Nothing herein, however, shall obligate the Company shall not be obligated to effect a registration of the Warrant Shares registrations under federal or state securities laws unless specifically so provided hereinlaws. The Holder agrees to execute such documents and make such representations, warranties warranties, and agreements as may be required solely to comply with the exemptions relied upon by the Company, or the registrations made, Company for the issuance of the Warrant Shares or their later resale pursuant to a registration statement filed by the CompanyShares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Granite City Food & Brewery Ltd.)

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