Common use of Maximum Exercise Clause in Contracts

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation is being made

Appears in 3 contracts

Sources: Warrant Agreement (Universal Communication Systems Inc), Warrant Agreement (Universal Communication Systems Inc), Warrant Agreement (Universal Communication Systems Inc)

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation is being mademade on an exercise date, which would result in beneficial ownership by the Holder and its affiliates of more than 9.99% of the

Appears in 3 contracts

Sources: Warrant Agreement (Wizzard Software Corp /Co), Warrant Agreement (Wizzard Software Corp /Co), Warrant Agreement (Wizzard Software Corp /Co)

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation is being made,

Appears in 2 contracts

Sources: Warrant Agreement (Universal Communication Systems Inc), Warrant Agreement (Hypertension Diagnostics Inc /Mn)

Maximum Exercise. The Holder shall not be entitled to exercise, on an ---------------- exercise date, this Warrant on an exercise date in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation proviso is being mademade on an exercise date, which would result in beneficial ownership by the Holder and its affiliates of more

Appears in 2 contracts

Sources: Warrant Agreement (Advanced Aerodynamics & Structures Inc/), Warrant Agreement (Advanced Aerodynamics & Structures Inc/)

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation proviso is being mademade on

Appears in 2 contracts

Sources: Common Stock Purchase Warrant (Ivg Corp), Warrant Agreement (Voiceflash Networks Inc)

Maximum Exercise. The Holder shall not be entitled to exercise this ---------------- Warrant on an exercise date date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation is being mademade on an exercise date, which would result in beneficial ownership by the Holder and its affiliates of more than 4.99% of the outstanding shares of Common Stock

Appears in 1 contract

Sources: Warrant Agreement (Goldspring)

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date date, in connection with that number of shares of Common Stock which would be in excess of the sum of (ia) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation is being madeStock

Appears in 1 contract

Sources: Warrant Agreement (Voip Inc)

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation is being madethe

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Advanced Optics Electronics Inc)

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant Option on an exercise date date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation is being made)

Appears in 1 contract

Sources: Securities Purchase Agreement (Vertex Interactive Inc)

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date date, in connection with that number of shares of Common Stock which would be result in excess of the sum of (i) the number of shares of Common Stock beneficially owned beneficial ownership by the Holder and its affiliates on an exercise date, and (ii) of more than 4.99% of the number of shares of Common Stock issuable upon of the exercise Company on such date. For the purposes of this Warrant with respect the proviso to which the determination of this limitation is being madethe

Appears in 1 contract

Sources: Warrant Agreement (Jmar Technologies Inc)

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation proviso is being mademade on an exercise date, which would result

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Micro Component Technology Inc)

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation is being mademade on an exercise date,

Appears in 1 contract

Sources: Warrant Agreement (Tasty Fries Inc)

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation proviso is being mademade on an exercise date, which would result in beneficial ownership by the Holder and its affiliates of more than 4.99% of the outstanding shares of Common Stock of the Company on such

Appears in 1 contract

Sources: Warrant Agreement (Advanced Optics Electronics Inc)

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation proviso is being mademade on an exercise date, which would result in beneficial ownership by the Holder and its affiliates of more than 9.99% of the outstanding shares of Common Stock

Appears in 1 contract

Sources: Subscription Agreement (Plus Solutions Inc)

Maximum Exercise. The Holder shall not be entitled to exercise this ---------------- Warrant on an exercise date date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation is being mademade on an exercise date, which would result in beneficial ownership by the Holder and its affiliates of more than 4.99% of the outstanding shares of Common Stock on such date.

Appears in 1 contract

Sources: Warrant Agreement (Goldspring)

Maximum Exercise. The Holder shall not be entitled to ----------------- exercise this Warrant on an exercise date date, in connection with that number of shares of Common Stock which would be in excess of the sum of (iof(i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this limitation proviso is being mademade on an exercise date, which would result in December 19, 2000, 1:57 PM

Appears in 1 contract

Sources: Warrant Agreement (Global Telemedia International Inc)