Net Issuance Provision. In lieu or exercising pursuant to Section 3 above, at the Holder’s option, while this Warrant remains outstanding and exercisable during the Exercise Period, Holder may exercise this Warrant by surrender of this Warrant as determined below (“Net Issuance”). If the Holder elects the Net Issuance method, the Company will issue Common Stock in accordance with the following formula: X = Y (A-B) Where:
Appears in 2 contracts
Samples: Applied Genetic Technologies Corp, Applied Genetic Technologies Corp
Net Issuance Provision. In lieu or of exercising pursuant to Section paragraph 3 above, at the Holder’s 's option, while this Warrant remains outstanding and exercisable during the Exercise Period, Holder may exercise this Warrant by surrender of this Warrant as determined below (“"Net Issuance”"). If the Holder elects the Net Issuance method, the Company will issue Common Stock in accordance with the following formula: X = Y (AY(A-B) ------ A Where:
Appears in 1 contract
Samples: Wireless Inc
Net Issuance Provision. In lieu or of exercising pursuant to Section paragraph 3 above, at the Holder’s 's option, while this Warrant remains outstanding and exercisable during the Exercise Period, Holder may exercise this Warrant by surrender of this Warrant as determined below (“"Net Issuance”"). If the Holder elects the Net Issuance method, the Company will issue Common Stock in accordance with the following formula: X = Y (AY(A-B) ----- A Where:
Appears in 1 contract
Samples: Wireless Inc
Net Issuance Provision. In lieu or of exercising pursuant to Section paragraph 3 above, at the Holder’s option, while this Warrant remains outstanding and exercisable during the Exercise Period, Holder may exercise this Warrant by surrender of this Warrant as determined below (“Net Issuance”). If the Holder elects the Net Issuance method, the Company will issue Common Stock in accordance with the following formula: X = Y (AY(A-B) Where:
Appears in 1 contract
Samples: Nuvelo Inc
Net Issuance Provision. In lieu or of exercising pursuant to Section paragraph 3 above, at the Holder’s option, while this Warrant remains outstanding and exercisable during the Exercise Period, Holder may exercise this Warrant by surrender of this Warrant as determined below (“Net Issuance”). If the Holder elects the Net Issuance method, the Company will issue Common Series D Preferred Stock in accordance with the following formula: X = Y (AY(A-B) Where:
Appears in 1 contract
Samples: Danger Inc