Common use of Rescission Rights Clause in Contracts

Rescission Rights. If the Company fails to cause the Depositary to transmit to the Holder the Warrant ADSs pursuant to Section 2(d)(i) by the Warrant ADS Delivery Date, then the Holder will have the right to rescind such exercise.

Appears in 52 contracts

Samples: Underwriting Agreement (Intchains Group LTD), Securities Purchase Agreement (Medigus Ltd.), Quoin Pharmaceuticals, Ltd.

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Rescission Rights. If the Company fails to cause the Depositary to transmit deliver to the Holder the Warrant ADSs pursuant to Section 2(d)(i) by the Warrant ADS Delivery Date, then the Holder will have the right to rescind such exercise.

Appears in 15 contracts

Samples: Purple Biotech Ltd., Purple Biotech Ltd., Purple Biotech Ltd.

Rescission Rights. If the Company fails to cause the Depositary to transmit to the Holder the Warrant ADSs pursuant to Section 2(d)(i2(c)(i) by the Warrant ADS Delivery Date, then the Holder will have the right to rescind such exercise; provided, however, that the Holder shall be required to return any Warrant ADSs or Ordinary Shares subject to any such rescinded exercise notice concurrently and the restoration of Holder’s right to acquire such Warrant ADSs pursuant to this Warrant (including, issuance of a replacement warrant certificate evidencing such restored right).

Appears in 12 contracts

Samples: AnPac Bio-Medical Science Co., Ltd., AnPac Bio-Medical Science Co., Ltd., AnPac Bio-Medical Science Co., Ltd.

Rescission Rights. If the Company fails to cause the Depositary Depository to transmit to the Holder the Warrant ADSs pursuant to Section 2(d)(i) by the Warrant ADS Delivery Date, then the Holder will have the right to rescind such exercise.

Appears in 10 contracts

Samples: CollPlant Biotechnologies LTD, CollPlant Holdings Ltd., CollPlant Holdings Ltd.

Rescission Rights. If the Company fails to (A) cause the Depositary to transmit to the Holder the Warrant ADSs pursuant to Section 2(d)(i) by the Warrant ADS Delivery Date, or (B) to cause the Company’s Transfer Agent to transmit to the Holder the Warrant Shares pursuant to Section 2(d)(ii) by the Warrant Share Delivery Date, as applicable, then the Holder will have the right to rescind such exercise.

Appears in 4 contracts

Samples: Warrant Issuance Agreement (Kazia Therapeutics LTD), Kazia Therapeutics LTD, Kazia Therapeutics LTD

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Rescission Rights. If the Company fails to cause the Depositary to transmit to the Holder the Warrant ADSs pursuant to Section 2(d)(i2(c)(i) by the Warrant ADS Delivery Date, then the Holder will have the right to rescind such exercise; provided, however, that the Holder shall be required to return any Warrant ADSs or Ordinary Shares subject to any such rescinded Notice of Exercise concurrently and the restoration of Holder’s right to acquire such Warrant ADSs pursuant to this Warrant (including, issuance of a replacement Warrant evidencing such restored right).

Appears in 3 contracts

Samples: Underwriting Agreement (HW Electro Co., Ltd.), Underwriting Agreement (HW Electro Co., Ltd.), Underwriting Agreement (Yoshitsu Co., LTD)

Rescission Rights. If the Company fails to cause the Depositary to transmit to the Holder the Warrant ADSs pursuant to Section 2(d)(i2(e)(i) by the Warrant ADS Delivery Date, then the Holder will have the right to rescind such exercise.

Appears in 3 contracts

Samples: Anchiano Therapeutics Ltd., Anchiano Therapeutics Ltd., Anchiano Therapeutics Ltd.

Rescission Rights. If the Company fails to cause the Depositary to transmit deliver to the Holder Holder, or its nominee, the Warrant ADSs pursuant to Section 2(d)(i) by the Warrant ADS ADSs Delivery Date, then the Holder will have the right to rescind such exercise.

Appears in 1 contract

Samples: Stealth BioTherapeutics Corp

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