Referral of Adjustment. In any case in which this Section 4 shall require that an adjustment in the Warrant Price be made effective as of a record date for a specified event (the “Exercise Event”), if this Warrant shall have been exercised after such record date, the Company may elect to defer until the occurrence of the Exercise Event issuing to the Holder the shares, if any, issuable upon the Exercise Event over and above the shares, if any, issuable upon such exercise on the basis of the Warrant Price in effect prior to such adjustment; provided, however, that the Company shall deliver to the Holder a due bxxx or other appropriate instrument evidencing the Holder’ right to receive such additional shares upon the occurrence of the Exercise Event.
Appears in 7 contracts
Samples: Warrant Agreement (Mateon Therapeutics Inc), Warrant Agreement (Mateon Therapeutics Inc), Warrant Agreement (Mateon Therapeutics Inc)
Referral of Adjustment. In any case in which this Section 4 shall require that an adjustment in the Warrant Price be made effective as of a record date for a specified event (the “Exercise Event”), if this Warrant shall have been exercised after such record date, the Company may elect to defer until the occurrence of the Exercise Event issuing to the Holder the shares, if any, issuable upon the Exercise Event over and above the shares, if any, issuable upon such exercise on the basis of the Warrant Price in effect prior to such adjustment; provided, however, that the Company shall deliver to the Holder a due bxxx bill or other appropriate instrument evidencing the Holder’ right to receive such additional shares upon the occurrence of the Exercise Event.
Appears in 4 contracts
Samples: Warrant Agreement (Oncotelic Therapeutics, Inc.), Warrant Agreement (Mateon Therapeutics Inc), Warrant Agreement (Mateon Therapeutics Inc)
Referral of Adjustment. In any case in which this Section 4 shall require that an adjustment in the Warrant Price be made effective as of a record date for a specified event (the “Exercise Event”), if this Warrant shall have been exercised after such record date, the Company may elect to defer until the occurrence of the Exercise Event issuing to the Holder the shares, if any, issuable upon the Exercise Event over and above the shares, if any, issuable upon such exercise on the basis of the Warrant Price in effect prior to such adjustment; provided, however, that the Company shall deliver to the Holder a due bxxx xxxx or other appropriate instrument evidencing the Holder’ right to receive such additional shares upon the occurrence of the Exercise Event.
Appears in 4 contracts
Samples: Warrant Agreement (Mateon Therapeutics Inc), Warrant Agreement (Noble Romans Inc), Warrant Agreement (Digital Power Corp)
Referral of Adjustment. In any case in which this Section 4 shall require that an adjustment in the Warrant Price be made effective as of a record date for a specified event (the “Exercise Event”), if this Warrant shall have been exercised after such record date, the Company may elect to defer until the occurrence of the Exercise Event issuing to the Holder the shares, if any, issuable upon the Exercise Event over and above the shares, if any, issuable upon such exercise on the basis of the Warrant Price in effect prior to such adjustment; provided, however, that the Company shall deliver to the Holder a due bxxx xxxx or other appropriate instrument evidencing the Holder’ right to receive such additional shares upon the occurrence of the Exercise Event.. Issued by Digital Power Corporation to ____________________
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