Common use of Replacement Warrant Clause in Contracts

Replacement Warrant. In the event that the Warrant is not exercised in full, the number of Warrant Shares shall be reduced by the number of such Warrant Shares for which this Warrant is exercised, and the Company, at its expense, shall forthwith issue and deliver to the Warrant Holder a new Warrant of like tenor in the name of the Warrant Holder or as the Warrant Holder may request, reflecting such adjusted number of Warrant Shares.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Us Solartech Inc), Securities Purchase Agreement (Us Solartech Inc)

AutoNDA by SimpleDocs

Replacement Warrant. In the event that the Warrant is not exercised in full, the number of Warrant Shares shall be reduced by the number of such Warrant Shares for which this Warrant is exercised, and the Company, at its expense, shall forthwith issue and deliver to or upon the order of the Warrant Holder a new Warrant of like tenor in the name of the Warrant Holder or as the Warrant Holder may request, reflecting such adjusted number of Warrant Shares.

Appears in 2 contracts

Samples: License Agreement (Cytogen Corp), License Agreement (Cytogen Corp)

Replacement Warrant. In the event that the Warrant is not exercised in full, the number of Warrant Shares shall be reduced by the number of such Warrant Shares for which this Warrant is exercised, and the Company, at its expense, shall forthwith issue and deliver to or upon the order of the Warrant Holder a new Warrant of like tenor in the name of the Warrant Holder or as the Warrant Holder may request, reflecting such adjusted number of Warrant Shares.of

Appears in 2 contracts

Samples: Private Equity Line Agreement (Cytogen Corp), Private Equity Line Agreement (Cytogen Corp)

AutoNDA by SimpleDocs

Replacement Warrant. In the event that the Warrant is not exercised in full, the number of Warrant Shares shall be reduced by the number of such Warrant Shares for which this Warrant is exercised, and the Company, at its expense, shall forthwith issue and deliver to or upon the order of the Warrant Holder a new Warrant of like tenor as provided in the name of the Warrant Holder or as the Warrant Holder may requestSection 13(c), reflecting such adjusted number of Warrant Shares.

Appears in 1 contract

Samples: Warrant Agreement (Discovery Laboratories Inc /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!