Common use of Rescission Rights Clause in Contracts

Rescission Rights. 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exercise.

Appears in 44 contracts

Samples: Common Stock Purchase Warrant (Curis Inc), Common Stock Purchase Warrant (eFFECTOR Therapeutics, Inc.), Placement Agent Common Stock Purchase Warrant (eFFECTOR Therapeutics, Inc.)

AutoNDA by SimpleDocs

Rescission Rights. 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 (subject to receipt of the aggregate exercise price Exercise Price for the applicable exercise (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exercise.

Appears in 14 contracts

Samples: Common Stock Purchase Warrant (Alphatec Holdings, Inc.), Underwriting Agreement (Brera Holdings PLC), Underwriter Common Stock Purchase Agreement (Nocera, Inc.)

Rescission Rights. If Except in connection with an exercise on the Initial Exercise Date, 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise))Date, then the Holder will have the right to rescind such exercise.

Appears in 13 contracts

Samples: Pre Funded Warrant Agreement (Qualigen Therapeutics, Inc.), Security Agreement (Aprea Therapeutics, Inc.), Security Agreement (Aprea Therapeutics, Inc.)

Rescission Rights. 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exercise.

Appears in 7 contracts

Samples: Class a Ordinary Share Purchase Warrant (Chanson International Holding), Warrant Agreement (GRI BIO, Inc.), Placement Agent Common Stock Purchase Warrant (GRI BIO, Inc.)

Rescission Rights. 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exerciseexercise by providing the Company with written notice of rescission.

Appears in 6 contracts

Samples: Warrant Agreement (Evoke Pharma Inc), Warrant Agreement (Evoke Pharma Inc), Warrant Agreement (Evoke Pharma Inc)

Rescission Rights. 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 (subject to receipt of the aggregate exercise price Exercise Price for the applicable exercise (other than in the case of a cashless exerciseCashless Exercise)), then the Holder will have the right to rescind such exercise.

Appears in 6 contracts

Samples: Common Stock Purchase Warrant (Alimera Sciences Inc), Common Stock Purchase Warrant (Alimera Sciences Inc), Security Agreement (RiceBran Technologies)

Rescission Rights. 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise)Cashless Exercise), then the Holder will have the right to rescind such exercise.

Appears in 6 contracts

Samples: Common Stock Purchase Warrant (Reed's, Inc.), Common Stock Purchase Warrant (Chanticleer Holdings, Inc.), Common Stock Purchase Warrant (Reed's, Inc.)

Rescission Rights. 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 (Date, subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise)Cashless Exercise), then the Holder will have the right to rescind such exercise.

Appears in 5 contracts

Samples: Common Stock Purchase Warrant (Raptor/Harbor Reeds SPV LLC), Common Stock Purchase Warrant (Reed's, Inc.), Common Stock Purchase Warrant (Reed's, Inc.)

Rescission Rights. 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exerciseCashless Exercise)), then the Holder will have the right to rescind such exercise.

Appears in 5 contracts

Samples: Security Agreement (Amergent Hospitality Group, Inc), Securities Purchase Agreement (Amergent Hospitality Group, Inc), Securities Agreement (Apricus Biosciences, Inc.)

Rescission Rights. If the Company fails to cause the Transfer Agent to transmit to the Holder the Warrant Shares pursuant to Section 2(d)(i2(c)(i) by the Warrant Share Delivery Date (subject to receipt of the aggregate exercise price Exercise Price for the applicable exercise (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exercise.

Appears in 5 contracts

Samples: Common Stock Purchase Warrant (Avalo Therapeutics, Inc.), Securities Purchase Agreement (Cerecor Inc.), Security Agreement (Cerecor Inc.)

Rescission Rights. 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 (subject to receipt of the aggregate exercise price Exercise Price for the applicable exercise (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exerciseexercise prior to the delivery of the Warrant Shares.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Inflection Point Acquisition Corp. II), Business Combination Agreement (Inflection Point Acquisition Corp. II), Class a Common Stock Purchase Warrant (Kingstown Capital Management L.P.)

Rescission Rights. If the Company fails to cause the Transfer Agent to transmit to the Holder the Warrant Shares pursuant to Section 2(d)(i2(c)(i) by the Warrant Share Delivery Date (subject to receipt of the aggregate exercise price Exercise Price for the applicable exercise (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exercise.

Appears in 3 contracts

Samples: Underwriting Agreement (RoyaLand Co Ltd.), Underwriting Agreement (RoyaLand Co Ltd.), Representative Warrant (Brera Holdings PLC)

Rescission Rights. 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exerciseexercise by delivering written notice to the Company at any time prior to the Company delivering such Warrant Shares.

Appears in 3 contracts

Samples: Common Stock Purchase Warrant (Scilex Holding Co), Underwriter Common Stock Purchase Warrant (Scilex Holding Co), Common Stock Purchase Warrant (Scilex Holding Co)

Rescission Rights. 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 (subject to receipt of the aggregate exercise price Exercise Price for the applicable exercise (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exerciseexercise by delivering written notice to the Company at any time prior to the Company delivering such Warrant Shares.

Appears in 3 contracts

Samples: Common Stock Purchase Warrant (Scilex Holding Co), Common Stock Purchase Warrant (Scilex Holding Co), Common Stock Purchase Warrant (Scilex Holding Co)

Rescission Rights. 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exercise.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Rocketfuel Blockchain, Inc.), Placement Agent Common Stock Purchase Warrant (Rocketfuel Blockchain, Inc.)

Rescission Rights. 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exerciseexercise by delivering written notice to the Company at any time prior to the delivery of the Warrant Shares.

Appears in 2 contracts

Samples: Security Agreement (Establishment Labs Holdings Inc.), Pre Funded Common Stock Agreement (Arvinas, Inc.)

Rescission Rights. 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 (subject to receipt of the aggregate exercise price for the applicable exercise Exercise Price (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exercise.

Appears in 2 contracts

Samples: Representative Purchase Warrant (Locafy LTD), Warrant Agreement (Locafy LTD)

Rescission Rights. If Subject to the Company’s receipt of the aggregate Exercise Price for the Warrant Shares subject to such Notice of Exercise, 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise))Date, then the Holder will have the right to rescind such exercise.

Appears in 2 contracts

Samples: Securities Purchase Agreement (pSivida Corp.), Common Stock Purchase Warrant (EyePoint Pharmaceuticals, Inc.)

AutoNDA by SimpleDocs

Rescission Rights. If Subject to the Company’s receipt of the aggregate Exercise Price for the Warrant Shares subject to such Notice of Exercise, 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise))Date, then the Holder will have the right to rescind such exerciseexercise by delivering written notice to the Company at any time prior to the Company delivering such Warrant Shares.

Appears in 1 contract

Samples: Warrant Agreement (OptiNose, Inc.)

Rescission Rights. 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exercise.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Spitcaufsky Larry)

Rescission Rights. 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 (subject to the receipt of the aggregate exercise price Exercise Price for the applicable exercise (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exercise.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Adamis Pharmaceuticals Corp)

Rescission Rights. 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise))Date, then the Holder will have the right to rescind such exercise. Other than in the case of a “cashless exercise”, the right of rescission of Holder under this Section 2(d)(iii) is subject to delivery by the Holder of the aggregate Exercise Price in accordance with the terms of Section 2(a) herein.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (TearLab Corp)

Rescission Rights. 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 (subject to receipt of the aggregate exercise price for Exercise Price from the applicable exercise (other than in the case of a cashless exercise)Holder), then the Holder will have the right to rescind such exercise.

Appears in 1 contract

Samples: Security Agreement (RiceBran Technologies)

Rescission Rights. If the Company fails to (A) cause the Transfer Agent to transmit to the Holder a certificate or the certificates representing the Warrant Shares pursuant to Section 2(d)(i) by the Warrant Share Required Delivery Date or (subject to receipt of B) issue the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise))Exercise Warrants, then the Holder will have the right to rescind such exercise.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (WaferGen Bio-Systems, Inc.)

Rescission Rights. If the Holder has delivered the Exercise Price for such Warrant Shares in full pursuant to Section 2(a) above, and if 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise))Date, then the Holder will have the right to rescind such exercise.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (BSD Medical Corp)

Rescission Rights. If Except in connection with an exercise on the Initial Exercise Date, 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 (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise))Date, then the Holder will have the right to rescind such exercise. iv.

Appears in 1 contract

Samples: Pre Funded Common Stock Purchase Warrant (Kiora Pharmaceuticals Inc)

Rescission Rights. If the Company fails to cause the Transfer Agent to transmit to the Holder the Warrant Shares on a timely basis pursuant to Section 2(d)(i) by the Warrant Share Delivery Date (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise)), then the Holder will have the right to rescind such exercise.

Appears in 1 contract

Samples: Warrant Agreement (Chanson International Holding)

Rescission Rights. 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 (Date, subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exercise)Cashless Exercise), then the Holder will have the right right, at any time prior to issuance of such Warrant Shares, to rescind such exercise.

Appears in 1 contract

Samples: Security Agreement (NuGene International, Inc.)

Rescission Rights. If the Company fails to cause the Transfer Agent to transmit to the Holder the Warrant Shares pursuant to Section 2(d)(i2(c)(i) by the Warrant Share Delivery Date (subject to receipt of the aggregate exercise price for the applicable exercise (other than in the case of a cashless exerciseCashless Exercise)), then the Holder will have the right to rescind such exercise.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Amergent Hospitality Group Inc.)

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