Issue of Warrant Shares Sample Clauses

Issue of Warrant Shares. (a) In the event a Warrant or Warrants are exercised in accordance with clause 4, the Company must on the Exercise Date:
Sample 1Sample 2
AutoNDA by SimpleDocs
Issue of Warrant Shares. 6.1 Subject to the Constitution, the Cayman Companies Act and any applicable legal and regulatory requirements, completion of the allotment and issue of Warrant Shares following an exercise of the Warrants in accordance with Clause 4 shall take place at the registered office of the Company within twenty (20) Business Days (or such other place and date as mutually agreed by the Parties) after receipt by the Company of:
Sample 1Sample 2
Issue of Warrant Shares. Subject to the Articles and to any applicable legal and regulatory requirements, completion of the allotment and issue of Warrant Shares following an exercise of Subscription Rights in accordance with clause 4 shall take place on a date agreed in writing by the parties, such date being not later than five Business Days after receipt by the Company of the last of: the documents referred to in clause 4.3; and payment by telegraphic transfer to the Company's account of the aggregate Subscription Price for the number of Warrant Shares specified in the relevant Exercise Notice. Upon completion of an allotment and issue of Warrant Shares, the Company shall, subject to the Act and to the Articles: allot and issue the number of Warrant Xxxxxx credited as fully paid to the Warrantholder (or its nominee) for which it is exercising its Subscription Rights; enter the Warrantholder (or its nominee, as appropriate) in the Company's register of members as the holder of the number of Warrant Shares issued to them; and deliver to the Warrantholder a duly executed share certificate for the number of Warrant Shares issued to them. The Warrant Shares issued under clause 5.2(a) shall: be issued fully paid; rank pari passu and form one class with the fully paid shares of the same class then in issue, subject to the Articles; and entitle the registered holder to receive any dividend or other distribution announced or declared on or after the date of issue of the relevant Warrant Shares. No fractions of a Warrant Share shall be allotted or issued on the exercise of any Subscription Rights and no refund will be made to the Warrantholder exercising such Subscription Rights. If the exercise of any Subscription Rights would require a fraction of a Warrant Share to be allotted, the aggregate number of Warrant Shares so allotted to a Warrantholder will be rounded down to the nearest whole Warrant Share.
Sample 1
Issue of Warrant Shares. 5.1 Subject to the Articles and to any applicable legal and regulatory requirements, completion of the allotment and issue of Warrant Shares shall, subject to receipt by the Company of the documents referred to in clause 4.3, take place on or before the end of the Exercise Period. Where those documents or that payment is not received by the Company on or before the end of the Exercise Period, the Exercise Notice shall automatically lapse.
Sample 1
Issue of Warrant Shares 
Sample 1Sample 2

Related to Issue of Warrant Shares

  • Issuance of Warrant Shares (a) The Warrant Agent shall, on the Trading Day following the date of exercise of any Warrant, advise the Company, the transfer agent and registrar for the Company’s Common Stock, in respect of (i) the number of Warrant Shares indicated on the Notice of Exercise as issuable upon such exercise with respect to such exercised Warrants, (ii) the instructions of the Holder or Participant, as the case may be, provided to the Warrant Agent with respect to the delivery of the Warrant Shares and the number of Warrants that remain outstanding after such exercise and (iii) such other information as the Company or such transfer agent and registrar shall reasonably request.

  • Warrant Shares If all or any portion of a Warrant is exercised at a time when there is an effective registration statement to cover the issuance or resale of the Warrant Shares or if the Warrant is exercised via cashless exercise, the Warrant Shares issued pursuant to any such exercise shall be issued free of all legends. If at any time following the date hereof the Registration Statement (or any subsequent registration statement registering the sale or resale of the Warrant Shares) is not effective or is not otherwise available for the sale or resale of the Warrant Shares, the Company shall immediately notify the holders of the Warrants in writing that such registration statement is not then effective and thereafter shall promptly notify such holders when the registration statement is effective again and available for the sale or resale of the Warrant Shares (it being understood and agreed that the foregoing shall not limit the ability of the Company to issue, or any Purchaser to sell, any of the Warrant Shares in compliance with applicable federal and state securities laws). The Company shall use best efforts to keep a registration statement (including the Registration Statement) registering the issuance or resale of the Warrant Shares effective during the term of the Warrants.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!