Repurchase of Warrant Sample Clauses

Repurchase of Warrant. The Company has the right to repurchase all or any portion of the Warrant Shares issuable upon exercise of this Warrant from Holder at a purchase price of $0.10 per Warrant Share at any time the Weighted Average Price of the Common Stock is at or above 200% of the Exercise Price, as adjusted hereunder, for twenty consecutive trading days. “Weighted Average Price” means the dollar volume-weighted average price for the Common Stock on the Over-The-Counter Bulletin Board, AMEX, NYSE, the NASDAQ National Market or The NASDAQ SmallCap Market Principal Market during the period beginning at 9:30:01 a.m., New York City Time, and ending at 4:00:00 p.m., New York City Time, as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York City Time, and ending at 4:00:00 p.m., New York City Time, as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the “pink sheets” by Pink Sheets LLC (formerly the National Quotation Bureau, Inc.). If the Company elects to repurchase all or any part of the Warrant Shares pursuant to this Section, then the Company shall give to Holder at least 10 days’ prior written notice of the date on which the repurchase shall occur. Unless Holder exercises this Warrant in accordance with Section 3 above within such 10 day period, then Holder shall present this certificate to the Company upon payment by the Company of the repurchase price and if all of the Warrant Shares exercisable hereunder are repurchased this Warrant shall be cancelled. Otherwise, a new Warrant certificate for the portion of the Warrant Shares that remain exercisable hereunder shall be reissued to Holder.
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Repurchase of Warrant. The Company has entered into a binding agreement with AT&T Corp. pursuant to which the Company will repurchase and cancel for $7,500,000 in cash, subject to and promptly after consummation of the Offer, the Common Stock Purchase Warrant dated December 12, 1997 and related Warrant Purchase Agreement of even date therewith (collectively, the "Warrant") issued by the Company to AT&T Corp.
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Repurchase of Warrant. In the event that the Series A Non-Voting Preferred Stock is redeemed pursuant to Section 8 of the Certificate of Designations, the Company shall, except to the extent prohibited by Delaware law governing distributions to stockholders (including the Delaware General Corporation Law (the “DGCL”), offer to repurchase this Warrant for cash at a purchase price equal to (1)(x) the volume-weighted average price per share of the Common Stock on the Trading Market during the twenty (20) consecutive Trading Day period ending and including the Trading Day immediately preceding the Redemption Date of the Series A Non-Voting Preferred Stock minus (y) the Exercise Price (the “Per Share Purchase Price”) multiplied by (2) the number of shares of Common Stock issuable upon full exercise of this Warrant (the product of (1) and (2), the “Aggregate Purchase Price”). If the Holder accepts such offer, then on the Redemption Date, the Corporation shall, except to the extent prohibited by Delaware law governing distributions to stockholders (including the DGCL), pay the Aggregate Purchase Price to the Holder of this Warrant. If the amount available for distribution under Delaware law governing distributions to stockholders (including the DGCL) shall be insufficient to permit the payment on the Redemption Date of the Aggregate Purchase Price for this Warrant, then the amount available for distribution under Delaware law governing distributions to stockholders (including the DGCL) shall be utilized to purchase the maximum portion of this Warrant and all other Warrants issued pursuant to Section 4(b) and pursuant to the Subscription Agreement permitted, at a price equal to the Per Share Purchase Price for each share of Common Stock underlying the portion of the Warrant purchased. In the event that the Company is not permitted under Delaware law to pay the full Aggregate Purchase Price as set forth in the foregoing sentence, then it shall, on a quarterly basis, offer to repurchase the fullest portion of this Warrant and all other Warrants issued pursuant to Section 4(b) and pursuant to the Subscription Agreement then permitted by law ratably from the Holder(s) of such Warrant or Warrants.
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Repurchase of Warrant. Subject to the terms and conditions contained in this Agreement, including the approval of the Bankruptcy Court, Xxxxxx hereby agrees to sell the Warrant to HepaLife, and HepaLife hereby agrees to repurchase the Warrant from Xxxxxx. In consideration for the repurchase of the Warrant, HepaLife hereby agrees to accelerate the Deferred Payment Date to the date on which the repurchase of the Warrant is completed and,accordingly, agrees to pay Xxxxxx the entire Deferred Purchase Price in cash on that date.
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Repurchase of Warrant. Holdings hereby agrees to purchase from Agent, and Agent hereby agrees to sell to Holdings the warrants issued to Agent pursuant to the Warrant Agreement. In consideration therefor and as additional consideration for the closing of the Third Amendment, Borrowers shall pay to Agent:
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Repurchase of Warrant. Subject to the terms and conditions set forth in this Agreement, Citicorp agrees to sell, transfer and deliver to the Company, and the Company agrees to purchase from Citicorp, the Warrant for an aggregate purchase price of $1,000,000.00 (the "Purchase Price"). Citicorp and the Company agree that the Warrant covers 1,000,000 shares of Common Stock at an exercise price of $2.875 per share.
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Repurchase of Warrant 
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Related to Repurchase of Warrant

  • Exercise of Warrant Exercise of the purchase rights represented by this Warrant may be made, in whole or in part, at any time or times on or after the Initial Exercise Date and on or before the Termination Date by delivery to the Company of a duly executed facsimile copy or PDF copy submitted by e-mail (or e-mail attachment) of the Notice of Exercise in the form annexed hereto (the “Notice of Exercise”). Within the earlier of (i) two (2) Trading Days and (ii) the number of Trading Days comprising the Standard Settlement Period (as defined in Section 2(d)(i) herein) following the date of exercise as aforesaid, the Holder shall deliver the aggregate Exercise Price for the Warrant Shares specified in the applicable Notice of Exercise by wire transfer or cashier’s check drawn on a United States bank unless the cashless exercise procedure specified in Section 2(c) below is specified in the applicable Notice of Exercise. No ink-original Notice of Exercise shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise be required. Notwithstanding anything herein to the contrary, the Holder shall not be required to physically surrender this Warrant to the Company until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in full, in which case, the Holder shall surrender this Warrant to the Company for cancellation within three (3) Trading Days of the date on which the final Notice of Exercise is delivered to the Company. Partial exercises of this Warrant resulting in purchases of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares purchasable hereunder in an amount equal to the applicable number of Warrant Shares purchased. The Holder and the Company shall maintain records showing the number of Warrant Shares purchased and the date of such purchases. The Company shall deliver any objection to any Notice of Exercise within one (1) Trading Day of receipt of such notice. The Holder and any assignee, by acceptance of this Warrant, acknowledge and agree that, by reason of the provisions of this paragraph, following the purchase of a portion of the Warrant Shares hereunder, the number of Warrant Shares available for purchase hereunder at any given time may be less than the amount stated on the face hereof.

  • Exercise of Warrants (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

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