Common use of Purchaser's Call Option Clause in Contracts

Purchaser's Call Option. (a) During each Draw Down Pricing Period, the Company at its sole discretion may grant to the Purchaser the right to exercise multiple call options of up to the applicable Draw Down Amount (a "Call Option"). The amount of the Call Option shall be set forth in the Draw Down Notice. For each trading day during a Draw Down Pricing Period, the Purchaser may exercise a Call Option by providing notice to the Company of the exercise of a Call Option (the "Call Option Notice"), substantially in the form attached hereto as Exhibit D. The total amount of Call Options exercised by the Purchaser shall not exceed $60,000,000 in the aggregate.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Infocure Corp)

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Purchaser's Call Option. (a) During each Draw Down Pricing Period, the Company at its sole discretion may grant to the Purchaser the right to exercise multiple call options of up to the applicable Draw Down Amount (a "Call OptionCALL OPTION"). The amount of the Call Option shall be set forth in the Draw Down Notice. For each trading day during a Draw Down Pricing Period, the Purchaser may exercise a Call Option by providing notice to the Company of the exercise of a Call Option (the "Call Option NoticeCALL OPTION NOTICE"), substantially in the form attached hereto as Exhibit D. The total amount of Call Options exercised by the Purchaser shall not exceed $60,000,000 in the aggregate30,000,000.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Matritech Inc/De/)

Purchaser's Call Option. (a) During each Draw Down Pricing Period, the Company Company, at its sole discretion discretion, may grant to the Purchaser the right to exercise multiple call options of in the aggregate of up to the applicable Draw Down Amount (a "Call Option"). The amount of the Call Option shall be set forth in the Draw Down Notice. For each trading day Trading Day during a Draw Down Pricing Period, the Purchaser may exercise a Call Option by providing notice to the Company of the exercise of a Call Option (the "Call Option Notice"), substantially in the form attached hereto as Exhibit D. E. The total amount of Call Options exercised by the Purchaser shall not exceed $60,000,000 in the aggregate35,000,000.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Cytogen Corp)

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Purchaser's Call Option. (a) During each Draw Down Pricing Period, the Company Company, at its sole discretion discretion, may grant to the Purchaser the right to exercise multiple call options in the aggregate of up to twice the applicable Draw Down Amount (a "Call OptionCALL OPTION"). The amount of the Call Option shall be set forth in the Draw Down Notice. For each trading day Trading Day during a Draw Down Pricing Period, the Purchaser may exercise a Call Option by providing notice to the Company of the exercise of a Call Option (the "Call Option NoticeCALL OPTION NOTICE"), substantially in the form attached hereto as Exhibit D. E. The total amount of Call Options exercised by the Purchaser shall not exceed $60,000,000 in 45,000,000 minus the aggregatetotal Draw Down Amounts received by the Company.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Epix Medical Inc)

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