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 Warrant (Bluejay Diagnostics, Inc.), Security Agreement (Phio Pharmaceuticals Corp.), Security Agreement (Phio Pharmaceuticals Corp.)
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: Underwriter Common Share Purchase Warrant (Intellipharmaceutics International Inc.), Common Share Purchase Warrant (Intellipharmaceutics International Inc.), Pre Funded Common Share Purchase Warrant (Intellipharmaceutics International Inc.)
