Common use of Revocation of Exercise Clause in Contracts

Revocation of Exercise. In addition to any other remedies which may be available to the Holder, in the event that the Company fails for any reason to effect delivery of the Warrant Shares by the Warrant Share Delivery Date, the Holder may revoke all or part of the relevant Warrant exercise by delivery of a notice to such effect to the Company, whereupon the Company and the Holder shall each be restored to their respective positions immediately prior to the exercise of the relevant portion of this Warrant, except that the liquidated damages described above shall be payable through the date notice of revocation or rescission is given to the Company.

Appears in 27 contracts

Samples: Common Share Purchase Warrant (PishPosh, Inc.), Letter Agreement (PishPosh, Inc.), Letter Agreement (PishPosh, Inc.)

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