Optional Cashless Exercise. If at any time during the term of this Warrant there is no effective Registration Statement registering, or no current prospectus available for, the issuance or resale of the Warrant Shares by the registered holder, then this Warrant may also be exercised at such time by means of a “cashless exercise” in which the registered holder shall be entitled to receive a certificate for the number of Warrant Shares equal to the quotient obtained by dividing [(A-B) (X)] by (A), where:
Appears in 11 contracts
Samples: Warrant Agreement (WaferGen Bio-Systems, Inc.), Warrant Agreement (WaferGen Bio-Systems, Inc.), Warrant Agreement (WaferGen Bio-Systems, Inc.)
Optional Cashless Exercise. If at any time during the term of this Warrant Agreement there is no effective Registration Statement registration statement registering, or no current prospectus available for, the issuance or resale of the Warrant Shares by the registered holder, then this the Warrant may also be exercised exercised, in whole or in part, at such time by means of a “cashless exercise” in which the registered holder shall be entitled to receive a certificate for the number of Warrant Shares equal to the quotient obtained by dividing [(A-B) (X)] by (A), where:
Appears in 4 contracts
Samples: Warrant Agency Agreement (Fat Brands, Inc), Warrant Agency Agreement (Fat Brands, Inc), Warrant Agency Agreement (Fat Brands, Inc)
Optional Cashless Exercise. If at any time during the term of this Warrant Agreement there is no effective Registration Statement registration statement registering, or no current prospectus available for, the issuance or resale of the Warrant Shares by the registered holder, then this the Warrant may also be exercised exercised, in whole or in part, at such time by means of a “cashless exercise” in which the registered holder shall be entitled to receive a certificate for the number of Warrant Shares equal to the quotient obtained by dividing [(A-B) (X)] by (A), where:
Appears in 4 contracts
Samples: Warrant Agreement (Galena Biopharma, Inc.), Form of Warrant Agreement (Galena Biopharma, Inc.), Warrant Agreement (Galena Biopharma, Inc.)
Optional Cashless Exercise. If at any time during the term of this Warrant there is no effective Registration Statement registeringregistration statement registering under the Securities Act, or no current prospectus available for, the issuance or resale of the Warrant Shares by the registered holder, then this Warrant may also be exercised at such time by means of a “cashless exercise” in which the registered holder shall be entitled to receive a certificate for the number of Warrant Shares equal to the quotient obtained by dividing [(A-B) (X)] by (A), where:
Appears in 2 contracts
Samples: Warrant Agreement (ENDRA Life Sciences Inc.), Warrant Agreement (ENDRA Life Sciences Inc.)
Optional Cashless Exercise. If at any time during the term of this Warrant there is no effective Registration Statement registration statement registering, or no current prospectus available for, the issuance or resale of the Warrant Shares by the registered holder, then this Warrant may also be exercised exercised, in whole or in part, at such time by means of a “cashless exercise” in which the registered holder Holder shall be entitled to receive a certificate for the number of Warrant Shares equal to the quotient obtained by dividing [(A-B) (X)] by (A), where:
Appears in 2 contracts
Samples: Warrant Agreement (Galena Biopharma, Inc.), Form of Warrant Agreement (Galena Biopharma, Inc.)
