Common use of Restrictions on Exercise Amount Clause in Contracts

Restrictions on Exercise Amount. (i) Unless a Holder delivers to the Company irrevocable written notice prior to the date of issuance hereof or sixty-one days prior to the effective date of such notice that this Section 2.4(i) shall not apply to such Holder, the Holder may not acquire a number of shares of Warrant Stock to the extent that, upon such exercise, the number of shares of Common Stock then beneficially owned by such holder and its Affiliates and any other persons or entities whose beneficial ownership of Common Stock would be aggregated with the Holder’s for purposes of

Appears in 3 contracts

Samples: Warrant Purchase Agreement (Neorx Corp), Sco Capital Partners LLC, Genetronics Biomedical Corp

AutoNDA by SimpleDocs

Restrictions on Exercise Amount. (i) Unless a Holder delivers to the Company irrevocable written notice prior to the date of issuance hereof or sixty-one days prior to the effective date of such notice that this Section 2.4(i) shall not apply to such Holder, the Holder may not acquire a number of shares of Warrant Stock to the extent that, upon such exercise, the number of shares of Common Stock then beneficially owned by such holder and its Affiliates and any other persons or entities whose beneficial ownership of Common Stock would be aggregated with the Holder’s for purposes ofwhose

Appears in 2 contracts

Samples: Genetronics Biomedical Corp, Genetronics Biomedical Corp

AutoNDA by SimpleDocs

Restrictions on Exercise Amount. (i) Unless a Holder delivers to the Company irrevocable written notice prior to the date of issuance hereof or sixty-one days prior to the effective date of such notice that this Section 2.4(i) shall not apply to such Holder, the Holder may not acquire a number of shares of Warrant Stock to the extent that, upon such exercise, the number of shares of Common Stock then beneficially owned by such holder and its Affiliates and any other persons or entities whose beneficial ownership of Common Stock would be aggregated with the Holder’s for purposes ofthe

Appears in 1 contract

Samples: Somanta Pharmaceuticals Inc.

Time is Money Join Law Insider Premium to draft better contracts faster.