Common use of Ownership Cap and Certain Exercise Restrictions Clause in Contracts

Ownership Cap and Certain Exercise Restrictions. Notwithstanding anything to the contrary set forth in this Warrant, at no time may a Holder of this Warrant exercise this Warrant if the number of shares of Common Stock to be issued pursuant to such exercise would exceed, when aggregated with all other shares of Common Stock owned by such Holder at such time, the number of shares of Common Stock which would result in such Holder beneficially owning (as determined in accordance with Section 13(d) of the Exchange Act and the rules thereunder) in excess of 4.9% of the then issued and outstanding shares of Common Stock; provided, however, that upon a holder of this Warrant providing the Issuer with sixty-one (61) days notice (pursuant to Section 12 hereof) (the "Waiver Notice") that such Holder would like to waive this Section 7(a) with regard to any or all shares of Common Stock issuable upon exercise of this Warrant, this Section 7(a) will be of no force or effect with regard to all or a portion of the Warrant referenced in the Waiver Notice; provided, further, that this provision shall be of no further force or effect during the sixty-one (61) days immediately preceding the expiration of the term of this Warrant.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Financialcontent Inc), Stock Purchase Agreement (Financialcontent Inc), Note and Warrant Purchase Agreement (Remote Dynamics Inc)

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Ownership Cap and Certain Exercise Restrictions. (a) Notwithstanding anything to the contrary set forth in this Warrant, at no time may a Holder holder of this Warrant exercise this Warrant if the number of shares of Common Stock to be issued pursuant to such exercise would exceed, when aggregated with all other shares of Common Stock owned by such Holder holder at such time, the number of shares of Common Stock which would result in such Holder beneficially holder owning (as determined in accordance with Section 13(d) more than 4.999% of all of the Exchange Act and the rules thereunder) in excess of 4.9% of the then issued and Common Stock outstanding shares of Common Stockat such time; provided, however, that upon a holder of this Warrant providing the Issuer with sixty-one (61) days notice (pursuant to Section 12 13 hereof) (the "Waiver Notice") that such Holder holder would like to waive this Section 7(a) with regard to any or all shares of Common Stock issuable upon exercise of this Warrant, this Section 7(a) will be of no force or effect with regard to all or a portion of the Warrant referenced in the Waiver Notice; provided, further, that this provision shall be of no further force or effect during the sixty-one (61) days immediately preceding the expiration of the term of this Warrant. (b) The Holder may not exercise the Warrant hereunder to the extent such exercise would result in the Holder beneficially owning (as determined in accordance with Section 13(d) of the Exchange Act and the rules thereunder) in excess of 9.999% of the then issued and outstanding shares of Common Stock, including shares issuable upon exercise of the Warrant held by the Holder after application of this Section.

Appears in 4 contracts

Samples: Warrant Agreement (Cel Sci Corp), Warrant Agreement (Saflink Corp), Warrant Agreement (Cel Sci Corp)

Ownership Cap and Certain Exercise Restrictions. (a) Notwithstanding anything to the contrary set forth in this Warrant, at no time may a Holder holder of this Warrant exercise this Warrant if the number of shares of Common Stock to be issued pursuant to such exercise would exceed, when aggregated with all other shares of Common Stock owned by such Holder holder at such time, the number of shares of Common Stock which would result in such Holder beneficially holder owning (as determined in accordance with Section 13(d) more than 4.999% of all of the Exchange Act and the rules thereunder) in excess of 4.9% of the then issued and Common Stock outstanding shares of Common Stockat such time; provided, however, that upon a holder of this Warrant providing the Issuer with sixty-one sixty (6160) days notice (pursuant to Section 12 13 hereof) (the "Waiver Notice") that such Holder holder would like to waive this Section 7(a) with regard to any or all shares of Common Stock issuable upon exercise of this Warrant, this Section 7(a) will be of no force or effect with regard to all or a portion of the Warrant referenced in the Waiver Notice; provided, further, that this provision shall be of no further force or effect during . (b) The Holder may not exercise the sixty-one Warrant hereunder to the extent such exercise would result in the Holder beneficially owning (61as determined in accordance with Section 13(d) days immediately preceding the expiration of the term Exchange Act and the rules thereunder) in excess of 9.999% of the then issued and outstanding shares of Common Stock, including shares issuable upon exercise of the Warrant held by the Holder after application of this WarrantSection.

Appears in 3 contracts

Samples: Warrant Agreement (Telenetics Corp), Warrant Agreement (Telenetics Corp), Warrant Agreement (Telenetics Corp)

Ownership Cap and Certain Exercise Restrictions. Notwithstanding anything to the contrary set forth in this Warrant, at no time may a Holder of this Warrant exercise this Warrant if the number of shares of Common Stock to be issued pursuant to such exercise would exceed, when aggregated with all other shares of Common Stock owned by such Holder at such time, the number of shares of Common Stock which would result in such Holder beneficially owning (as determined in accordance with Section 13(d) more than 4.999% of all of the Exchange Act and the rules thereunder) in excess of 4.9% of the then issued and Common Stock outstanding shares of Common Stockat such time; provided, however, that upon a holder the Holder of this Warrant providing the Issuer with sixty-one (61) days notice (pursuant to Section 12 hereof) (the "Waiver Notice") that such Holder would like to waive this Section 7(a) with regard to any or all shares of Common Stock issuable upon exercise of this Warrant, this Section 7(a) will be of no force or effect with regard to all or a portion of the Warrant referenced in the Waiver Notice; provided, further, that this provision shall be of no further force or effect during the sixty-one (61) days immediately preceding the expiration of the term of this Warrant.

Appears in 3 contracts

Samples: Warrant Agreement (VisualMED Clinical Solutions Corp.), Warrant Agreement (VisualMED Clinical Solutions Corp.), Warrant Agreement (VisualMED Clinical Solutions Corp.)

Ownership Cap and Certain Exercise Restrictions. Notwithstanding anything to the contrary set forth in this Warrant, at no time may a Holder of this Warrant exercise this Warrant if the number of shares of Common Stock to be issued pursuant to such exercise would exceed, when aggregated with all other shares of Common Stock owned by such Holder at such time, the number of shares of Common Stock which would result in such Holder beneficially owning (as determined in accordance with Section 13(d) of the Exchange Act and the rules thereunder) in excess of 4.9% of the then issued and outstanding shares of Common Stock; provided, however, that upon a holder of this Warrant providing the Issuer with sixty-one (61) days notice (pursuant to Section 12 13 hereof) (the "Waiver Notice") that such Holder would like to waive this Section 7(a) with regard to any or all shares of Common Stock issuable upon exercise of this Warrant, this Section 7(a) will be of no force or effect with regard to all or a portion of the Warrant referenced in the Waiver Notice; provided, further, that this provision shall be of no further force or effect during the sixty-one (61) days immediately preceding the expiration of the term of this Warrant.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Remote Dynamics Inc), Note and Warrant Purchase Agreement (Remote Dynamics Inc)

Ownership Cap and Certain Exercise Restrictions. Notwithstanding anything to the contrary set forth in this Warrant, at no time may a Holder of this Warrant exercise this Warrant if the number of shares of Common Stock to be issued pursuant to such exercise would exceed, when aggregated with all other shares of Common Stock owned by such Holder at such time, the number of shares of Common Stock which would result in such Holder beneficially owning (as determined in accordance with Section 13(d) of the Exchange Act and the rules thereunder) in excess of 4.94.99% of the then issued and outstanding shares of Common Stock; provided, however, that upon a holder of this Warrant providing the Issuer with sixty-one (61) days notice (pursuant to Section 12 13 hereof) (the "Waiver Notice") that such Holder would like to waive this Section 7(a) 7 with regard to any or all shares of Common Stock issuable upon exercise of this Warrant, this Section 7(a) 7 will be of no force or effect with regard to all or a portion of the Warrant referenced in the Waiver Notice; provided, further, that this provision shall be of no further force or effect during the sixty-one (61) days immediately preceding the expiration of the term of this Warrant.

Appears in 2 contracts

Samples: Warrant Agreement (Datalogic International Inc), Warrant Agreement (Datalogic International Inc)

Ownership Cap and Certain Exercise Restrictions. (a) Notwithstanding anything to the contrary set forth in this Warrant, at no time may a Holder holder of this Warrant exercise this Warrant if the number of shares of Common Stock to be issued pursuant to such exercise would exceed, when aggregated with all other shares of Common Stock beneficially owned by such Holder holder at such time, the number of shares of Common Stock which would result in such Holder holder beneficially owning (as determined in accordance with Section 13(d) more than 4.999% of all of the Exchange Act and the rules thereunder) in excess of 4.9% of the then issued and Common Stock outstanding shares of Common Stockat such time; provided, however, that upon a holder of this Warrant providing the Issuer with sixty-one sixty (6160) days notice (pursuant to Section 12 SECTION 13 hereof) (the "Waiver NoticeWAIVER NOTICE") that such Holder holder would like to waive this Section SECTION 7(a) with regard to any or all shares of Common Stock issuable upon exercise of this Warrant, this Section SECTION 7(a) will be of no force or effect with regard to all or a portion of the Warrant referenced in the Waiver Notice; provided, further, that this provision shall be of no further force or effect during . (b) The Holder may not exercise the sixty-one Warrant hereunder to the extent such exercise would result in the Holder beneficially owning (61as determined in accordance with SECTION 13(d) days immediately preceding the expiration of the term Exchange Act and the rules thereunder) in excess of 9.999% of the then issued and outstanding shares of Common Stock, including shares issuable upon exercise of the Warrant held by the Holder after application of this WarrantSection.

Appears in 2 contracts

Samples: Warrant Agreement (Telenetics Corp), Warrant Agreement (Telenetics Corp)

Ownership Cap and Certain Exercise Restrictions. (a) Notwithstanding anything to the contrary set forth in this Warrant, at no time may a Holder holder of this Warrant exercise this Warrant if the number of shares of Common Stock to be issued pursuant to such exercise would exceed, when aggregated with all other shares of Common Stock owned by such Holder holder at such time, the number of shares of Common Stock which would result in such Holder beneficially holder owning (as determined in accordance with Section 13(d) more than 4.999% of all of the Exchange Act and the rules thereunder) in excess of 4.9% of the then issued and Common Stock outstanding shares of Common Stockat such time; provided, however, that upon a holder of this Warrant providing the Issuer with sixty-one (61) days notice (pursuant to Section 12 13 hereof) (the "Waiver Notice") that such Holder holder would like to waive this Section 7(a) with regard to any or all shares of Common Stock issuable upon exercise of this Warrant, this Section 7(a) will be of no force or effect with regard to all or a portion of the Warrant referenced in the Waiver Notice; provided, further, that this provision shall be of no further force or effect during . (b) The Holder may not exercise the sixty-one Warrant hereunder to the extent such exercise would result in the Holder beneficially owning (61as determined in accordance with Section 13(d) days immediately preceding the expiration of the term Exchange Act and the rules thereunder) in excess of 9.999% of the then issued and outstanding shares of Common Stock, including shares issuable upon exercise of the Warrant held by the Holder after application of this WarrantSection.

Appears in 1 contract

Samples: Warrant Agreement (Computer Motion Inc)

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Ownership Cap and Certain Exercise Restrictions. Notwithstanding anything to the contrary set forth in this WarrantHolder’s ownership of shares of the Common Stock, at no time may a the Holder of convert this Warrant exercise this Warrant Debenture if the number of shares of Common Stock to be issued pursuant to such exercise would exceed, when aggregated with all other shares of Common Stock owned by such the Holder at such time, the number of shares of Common Stock which would result in such the Holder beneficially owning (as determined in accordance with Section 13(d) of the Exchange Act and the rules thereunder) in excess of 4.9% of the then issued and outstanding shares of Common Stock; provided, however, that upon a holder of this Warrant the Holder providing the Issuer Company with sixty-one (61) days notice (pursuant to Section 12 hereof) (the "Waiver Notice") that such the Holder would like to waive this Section 7(a) 4.13 with regard to any or all shares of Common Stock issuable upon exercise conversion of this WarrantDebenture, this Section 7(a) 4.13 will be of no force or effect with regard to all or a portion of the Warrant this Debenture referenced in the Waiver Notice; provided, further, that this provision shall be of no further force or effect during the sixty-one (61) days immediately preceding the expiration of the term of this WarrantMaturity Date.

Appears in 1 contract

Samples: Securities Purchase and Exchange Agreement (Medical Solutions Management Inc.)

Ownership Cap and Certain Exercise Restrictions. (a) Notwithstanding anything to the contrary set forth in this Warrant, at no time may a Holder holder of this Warrant exercise this Warrant if the number of shares of Common Stock to be issued pursuant to such exercise would exceed, when aggregated with all other shares of Common Stock beneficially owned by such Holder holder at such time, the number of shares of Common Stock which would result in such Holder holder beneficially owning (as determined in accordance with Section 13(d) more than 4.999% of all of the Exchange Act and the rules thereunder) in excess of 4.9% of the then issued and Common Stock outstanding shares of Common Stockat such time; provided, however, that upon a holder of this Warrant providing the Issuer with sixty-one sixty (6160) days notice (pursuant to Section 12 SECTION 13 hereof) (the "Waiver NoticeWAIVER NOTICE") that such Holder holder would like to waive this Section SECTION 7(a) with regard to any or all shares of Common Stock issuable upon exercise of this Warrant, this Section SECTION 7(a) will be of no force or effect with regard to all or a portion of the Warrant referenced in the Waiver Notice; provided, further, that this provision shall be of no further force or effect during . (b) The Holder may not exercise the sixty-one Warrant hereunder to the extent such exercise would result in the Holder beneficially owning (61as determined in accordance with SECTION 13(D) days immediately preceding the expiration of the term Exchange Act and the rules thereunder) in excess of 9.999% of the then issued and outstanding shares of Common Stock, including shares issuable upon exercise of the Warrant held by the Holder after application of this WarrantSection.

Appears in 1 contract

Samples: Warrant Agreement (Telenetics Corp)

Ownership Cap and Certain Exercise Restrictions. (a) Notwithstanding anything to the contrary set forth in this Warrant, at no time may a Holder holder of this Warrant exercise this Warrant if the number of shares of Common Stock to be issued pursuant to such exercise would exceed, when aggregated with all other shares of Common Stock owned by such Holder holder at such time, the number of shares of Common Stock which would result in such Holder beneficially holder owning (as determined in accordance with Section 13(d) more than 4.999% of all of the Exchange Act and the rules thereunder) in excess of 4.9% of the then issued and Common Stock outstanding shares of Common Stockat such time; provided, however, that upon a holder of this Warrant providing the Issuer with sixty-one sixty (6160) days notice (pursuant to Section 12 14 hereof) (the "Waiver Notice") that such Holder holder would like to waive this Section 7(a) with regard to any or all shares of Common Stock issuable upon exercise of this Warrant, this Section 7(a) will be of no force or effect with regard to all or a portion of the Warrant referenced in the Waiver Notice; provided, further, that this provision shall be of no further force or effect during . (b) The Holder may not exercise the sixty-one Warrant hereunder to the extent such exercise would result in the Holder beneficially owning (61as determined in accordance with Section 13(d) days immediately preceding the expiration of the term Exchange Act and the rules thereunder) in excess of 9.999% of the then issued and outstanding shares of Common Stock, including shares issuable upon exercise of the Warrant held by the Holder after application of this WarrantSection.

Appears in 1 contract

Samples: Warrant Agreement (Integramed America Inc)

Ownership Cap and Certain Exercise Restrictions. (a) Notwithstanding anything to the contrary set forth in this Warrant, at no time may a Holder holder of this Warrant exercise this Warrant if the number of shares of Common Stock to be issued pursuant to such exercise would exceed, when aggregated with all other shares of Common Stock beneficially owned by such Holder holder at such time, the number of shares of Common Stock which would result in such Holder holder beneficially owning (as determined in accordance with Section 13(d) more than 4.999% of all of the Exchange Act and the rules thereunder) in excess of 4.9% of the then issued and Common Stock outstanding shares of Common Stockat such time; provided, however, that upon a holder of this Warrant providing the Issuer with sixty-one sixty (6160) days notice (pursuant to Section 12 SECTION 13 hereof) (the "Waiver NoticeWAIVER NOTICE") that such Holder holder would like to waive this Section 7(aSECTION 7(A) with regard to any or all shares of Common Stock issuable upon exercise of this Warrant, this Section 7(aSECTION 7(A) will be of no force or effect with regard to all or a portion of the Warrant referenced in the Waiver Notice; provided, further, that this provision shall be of no further force or effect during . (b) The Holder may not exercise the sixty-one Warrant hereunder to the extent such exercise would result in the Holder beneficially owning (61as determined in accordance with SECTION 13(D) days immediately preceding the expiration of the term Exchange Act and the rules thereunder) in excess of 9.999% of the then issued and outstanding shares of Common Stock, including shares issuable upon exercise of the Warrant held by the Holder after application of this WarrantSection.

Appears in 1 contract

Samples: Warrant Agreement (Telenetics Corp)

Ownership Cap and Certain Exercise Restrictions. (a) Notwithstanding anything to the contrary set forth in this Warrant, at no time may a Holder of this Warrant exercise this Warrant if the number of shares of Common Stock to be issued pursuant to such exercise would exceedexercise, when aggregated with all other shares of Common Stock owned by such Holder at such time, would exceed the number of shares of Common Stock which would result in such Holder beneficially owning (as determined in accordance with Section 13(d) of the Exchange Act and the rules thereunder) in excess of 4.9more than 4.99% of all of the then issued and Common Stock outstanding shares of Common Stockat such time; provided, however, that upon a holder the Holder of this Warrant providing the Issuer with sixty-one (61) days notice (pursuant to Section 12 hereof) (the "Waiver Notice") that such Holder would like to waive this Section 7(a) with regard to any or all shares of Common Stock issuable upon exercise of this Warrant, this Section 7(a) will be of no force or effect with regard to all or a portion of the Warrant referenced in the Waiver Notice; provided, further, that this provision shall be of no further force or effect during the sixty-one (61) days immediately preceding the expiration of the term of this Warrant. The Holder may waive this Section 7(a) by so indicating on the signature page to the Purchase Agreement, any such waiver to be effective on and as of the Original Issue Date. (b) The Holder may not exercise the Warrant hereunder to the extent such exercise would result in the Holder beneficially owning (as determined in accordance with

Appears in 1 contract

Samples: Warrant Agreement (Delcath Systems Inc)

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