Rescission Rights. In the event that the Buy-In remedy pursuant to section 2(d)(iv) below does not apply or is otherwise not exercised, if the Company fails to cause the Transfer Agent to transmit to the Holder the Warrant Shares pursuant to Section 2(d)(i) by the Warrant Share Delivery Date, then the Holder will have the right to rescind such exercise.
Appears in 19 contracts
Samples: Common Stock Purchase (Phio Pharmaceuticals Corp.), Common Stock Purchase Warrant (Phio Pharmaceuticals Corp.), Bluejay Diagnostics, Inc.
Rescission Rights. In the event that the Buy-In remedy pursuant to section Section 2(d)(iv) below does not apply or is otherwise not exercised, if the Company fails to cause the Transfer Agent to transmit to the Holder the Warrant Shares pursuant to Section 2(d)(i) by the Warrant Share Delivery Date, then the Holder will have the right to rescind such exercise.
Appears in 6 contracts
Samples: Common Share Purchase Warrant (Intellipharmaceutics International Inc.), Common Share Purchase Warrant (Intellipharmaceutics International Inc.), Intellipharmaceutics International Inc.