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 53 contracts

Samples: Warrant (Belite Bio, Inc), Warrant Agreement (Quoin Pharmaceuticals, Ltd.), Warrant Agreement (Quoin Pharmaceuticals, Ltd.)

AutoNDA by SimpleDocs

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 16 contracts

Samples: Placement Agent Warrant (Purple Biotech Ltd.), Placement Agent Warrant (Purple Biotech Ltd.), Warrant Agreement (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provided, however, that the Holder shall be required to return any Warrant ADSs or Ordinary Shares subject to any such rescinded exercise notice concurrently and the restoration of Holder’s right to acquire such Warrant ADSs pursuant to this Warrant (including, issuance of a replacement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: Security Agreement (AnPac Bio-Medical Science Co., Ltd.), Securities Agreement (AnPac Bio-Medical Science Co., Ltd.), Securities Agreement (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: Security Agreement (CollPlant Biotechnologies LTD), Security Agreement (CollPlant Holdings Ltd.), Security Agreement (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 Amendment and New Warrant Issuance Agreement (Kazia Therapeutics LTD), Securities Agreement (Kazia Therapeutics LTD), Securities Agreement (Kazia Therapeutics 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: Warrant (Anchiano Therapeutics Ltd.), Warrant Agreement (Anchiano Therapeutics Ltd.), Warrant Agreement (Anchiano Therapeutics Ltd.)

AutoNDA by SimpleDocs

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 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: Warrant Agreement (Stealth BioTherapeutics Corp)

Rescission Rights. If the Company fails to cause the Depositary to transmit deliver to the Holder the Warrant ADSs pursuant to Section 2(d)(i2(e)(i) by the Warrant ADS Delivery Date, then without derogating from any remedy available to Holder under applicable law or agreement, the Holder will have the right to rescind such exercise.

Appears in 1 contract

Samples: Warrant Agreement (Brainsway Ltd.)

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