Net Issue Exercise. (a) In lieu of exercising this Warrant, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder a number of shares of the Company's Preferred Stock computed using the following formula: X=Y(A-B) ------ A Where:
Appears in 2 contracts
Samples: Paradigm Genetics Inc, Paradigm Genetics Inc
Net Issue Exercise. (a1) In lieu of exercising this Warrant, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder a that number of shares of the Company's Series B Preferred Stock computed using the following formula: X=X = Y(A-B) ------ A Where:
Appears in 2 contracts
Samples: Commerx Inc, Commerx Inc
Net Issue Exercise. (a) In lieu of exercising this WarrantWarrant for cash, the ------------------ holder may elect to receive shares Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder a Holder that number of shares of the Company's Preferred Stock Shares computed using the following formula: X=X= Y(A-B) A ------ A Where:
Appears in 2 contracts
Samples: Stockholders Agreement (Quiznos Corp), Stockholders Agreement (Quiznos Corp)
Net Issue Exercise. (a) In i)In lieu of exercising this WarrantWarrant in the manner provided above in Section 6(a), the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder a number of shares of the Company's Preferred Class C Common Stock computed using the following formula: X=X = Y(A-B) ------ A Where:
Appears in 2 contracts
Samples: Dealer Services Agreement (Armed Forces Brewing Company, Inc.), Broker Dealer Agreement (Armed Forces Brewing Company, Inc.)
Net Issue Exercise. (a1) In lieu of exercising this Warrant, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder a that number of shares of the Company's Series B Preferred Stock computed using the following formula: XX =Y(A-B) ------ A Where:
Appears in 2 contracts
Samples: Commerx Inc, Commerx Inc
Net Issue Exercise. (a) In lieu of exercising this Warrant, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder Holder a number of shares of the Company's Preferred Stock computed using the following formula: X=Y(A-B) ------ A Where:
Appears in 2 contracts
Samples: Warrant Purchase Agreement (Ribogene Inc / Ca/), Ribogene Inc / Ca/
Net Issue Exercise. (a1) In lieu of exercising this Warrant, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder a that number of shares of the Company's Preferred Warrant Stock computed using the following formula: X=X = Y(A-B) ------ A Where:
Appears in 1 contract
Samples: Nextron Communications Inc
Net Issue Exercise. (a) In lieu of exercising this Warrant, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder Holder a number of shares of the Company's Preferred Common Stock computed using the following formula: X=Y(A-B) ------ A Where:
Appears in 1 contract
Samples: Point Therapeutics Inc
Net Issue Exercise. (a) In lieu of exercising this WarrantWarrant with cash, the holder ------------------ Holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of surrendering this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the holder Holder a number of shares of the Company's Preferred Stock common stock computed using the following formula: X=Y(AX = Y (A-B) ------ ------- A Wherewhere:
Appears in 1 contract
Samples: Linkshare Corp
Net Issue Exercise. (a) In lieu of exercising this Warrant, the holder Holder may elect to receive shares Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the holder Holder a number of shares of the Company's Preferred Stock Warrant Shares computed using the following formula: X=Y(AX = Y (A-B) ------ ___ A Where:: X = the number of Shares to be issued to the Holder. Y = the number of the Shares being exercised on the date of determination.
Appears in 1 contract
Samples: Loan Agreement (Slinger Bag Inc.)
Net Issue Exercise. (a) In lieu of exercising this Warrant, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder Holder a number of shares of the Company's Preferred Stock computed using the following formula: X=X= Y(A-B) ------ A Where:A
Appears in 1 contract
Samples: Epix Medical Inc
Net Issue Exercise. (a) In i)In lieu of exercising this WarrantWarrant in the manner provided above in Section 6(a), the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder a number of shares of the Company's Preferred Stock Class B Units computed using the following formula: X=X= Y(A-B) ------ A Where:
Appears in 1 contract
Samples: Broker Dealer Services Agreement (Wiley Area Development LLC)
Net Issue Exercise. (a) In lieu of exercising this Warrant, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder a number of shares of the Company's Preferred Common Stock computed using the following formula: X=Y(A-B) ------ A Where:
Appears in 1 contract
Samples: Paradigm Genetics Inc
Net Issue Exercise. (a) In lieu of exercising this Warrant, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder Holder a number of shares of the Company's Preferred Stock computed using the following formula: X=Y(A-B) ------ A Where:Where X - The number of shares of Preferred Stock to be issued to Holder. Y - the number of shares of Preferred Stock purchasable under this Warrant.
Appears in 1 contract
Samples: Epix Medical Inc
Net Issue Exercise. (a) In lieu of exercising this Warrant, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder Holder a number of shares of the Company's Preferred Stock computed using the following formula: X=X= Y(A-B) ------ A Where:Where X - The number of shares of Preferred Stock to be issued to Holder. Y - the number of shares of Preferred Stock purchasable under this Warrant.
Appears in 1 contract
Samples: Epix Medical Inc
Net Issue Exercise. (a) In lieu of exercising this Warrant, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder Holder a number of shares of the Company's Series C Convertible Preferred Stock computed using the following formula: X=Y(A-B) ------ A Where:
Appears in 1 contract
Net Issue Exercise. (a) In lieu of exercising this Warrant, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder Holder a number of shares of the Company's Preferred Stock computed using the following formula: X=X= Y(A-B) ------ A Where:A
Appears in 1 contract
Samples: Ribogene Inc / Ca/
Net Issue Exercise. (a) In lieu of exercising this WarrantWarrant pursuant to Section 1.1, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the holder a number of shares of the Company's Preferred Common Stock computed using the following formula: X=Y(A-B) ------ A Where:
Appears in 1 contract
Samples: Traffic.com, Inc.
Net Issue Exercise. (a1) In lieu of exercising this Warrant, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder a that number of shares of the Company's Preferred Common Stock computed using the following formula: X=Y(A-B) ------ X=------ A Where:
Appears in 1 contract
Samples: Internet Capital Group Inc
Net Issue Exercise. (a) In lieu of exercising this Warrant, the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder Holder a number of shares of the Company's Preferred Stock computed using the following formula: X=Y(A-B) ------ A Where:X = -------- A
Appears in 1 contract
Samples: Ribogene Inc / Ca/
Net Issue Exercise. (a) In i)In lieu of exercising this WarrantWarrant in the manner provided above in Section 6(a), the holder may elect to receive shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the holder a number of shares of the Company's Preferred Stock Class A Shares computed using the following formula: X=X= Y(A-B) ------ A Where:
Appears in 1 contract
