Warrant Exercise. (a) Holders of Certificated Warrants who wish to exercise the Warrants held by them in order to acquire Common Shares must, if permitted pursuant to the terms and conditions hereunder and as set forth in any applicable legend, complete the exercise form (the “Exercise Notice”) attached to the Warrant Certificate(s) which form is attached hereto as Schedule “B”, which may be amended by the Corporation with the consent of the Warrant Agent, if such amendment does not, in the reasonable opinion of the Corporation and the Warrant Agent, which may be based on the advice of Counsel, materially and adversely affect the rights, entitlements and interests of the Warrantholders, and deliver such certificate(s), the executed Exercise Notice and a certified cheque, bank draft or money order payable to or to the order of the Corporation for the aggregate Exercise Price to the Warrant Agent at the Warrant Agency. The Warrants represented by a Warrant Certificate shall be deemed to be surrendered upon personal delivery of such certificate, Exercise Notice and aggregate Exercise Price or, if such documents are sent by mail or other means of transmission, upon actual receipt thereof by the Warrant Agent at the office referred to above.
(b) In addition to completing the Exercise Notice attached to the Warrant Certificate(s), a Warrantholder (other than an Original U.S. Warrantholder) who is (i) in the United States, (ii) a U.S. Person, (iii) a person exercising such Warrants for the account or benefit of a U.S. Person or a person in the United States, (iv) executing or delivering the Exercise Notice attached as Schedule “B” hereto in the United States, or (v) requesting delivery in the United States of the Warrant Shares, must provide an opinion of counsel of recognized standing or other evidence, in form and substance reasonably satisfactory to the Corporation, that the exercise is exempt from the registration requirements of the U.S. Securities Act and applicable securities laws of any state of the United States.
(c) A Warrantholder evidenced by a security entitlement in respect of Warrants must complete the Exercise Notice and deliver the executed Exercise Notice and a certified cheque, bank draft or money order payable to or to the order of the Corporation for the aggregate Exercise Price to the Warrant Agent at the Warrant Agency. The Uncertificated Warrants shall be deemed to be surrendered upon receipt of the Exercise Notice and aggregate Exercise Price or, if such d...
Warrant Exercise. The rights represented by this Warrant may be exercised in whole or in part by the Holder at any time and from time to time prior to the expiration of this Warrant, upon Notice, by the surrender at the principal office of the Company of this Warrant together with a duly executed subscription in the form annexed hereto as Exhibit A ("Subscription Form") and accompanied by payment, in certified or immediately available funds, of the Exercise Price for the number of Warrant Shares specified in the Subscription Form. The shares so purchased shall be deemed to be issued to the Holder as the record owner of such shares as of the close of business on the date on which this Warrant shall be exercised as hereinabove provided. No fractional shares or scrip representing fractional shares shall be issued upon exercise of this Warrant and the number of shares that shall be issued upon such exercise shall be rounded to the nearest whole share without the payment or receipt of any additional consideration.
Warrant Exercise. Any Warrants underlying the Units shall be issued pursuant and subject to the terms and conditions set forth in the Warrant Agreement, dated [_________], [_____], by and between the Company and Continental Stock Transfer & Trust Company (the “Warrant Agreement”).
Warrant Exercise. This Warrant shall be immediately exercisable on the date hereof.
Warrant Exercise. Any warrants underlying the Units shall be issued pursuant to and subject to the terms and conditions set forth in the Warrant Agreement, dated as of ______________, 2008, between the Company and Continental Stock Transfer & Trust Company, acting as Warrant Agent (the “WARRANT AGREEMENT”); provided, that the exercise price of the Warrants shall be as set forth herein.
Warrant Exercise. Price The warrant exercise price will be equal to the average of the closing bid and asked prices for a share of Common Stock for the 20 trading days ending on the trading day immediately preceding the public announcement of Global's E-
Warrant Exercise. (a) The rights represented by the Warrant are exercisable from time-to-time in whole or in part by the Holder by giving notice of intent to exercise to the Company. The Holder shall make payment in cash or by check for the purchase price of the number of shares to be purchased.
(b) The Warrant shall be deemed to have been exercised immediately prior to the close of business on the date of its surrender for exercise as provided above, and the person entitled to receive the shares issuable upon such exercise shall be treated for all purposes as the holder of record of such shares as of the close of business on such date. As promptly as practicable on or after such date and in any event within ten (10) days thereafter, the Company at its expense shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of shares issuable upon such exercise.
Warrant Exercise. The purchase rights represented by this Warrant may be exercised by the Holder, in whole or in part, at any time, and from time to time after the first date on which the Company has issued shares of Common Stock to the Holder under a Subscription Agreement dated the date hereof between the Company and the Holder (the "Offering Date") and prior to the Expiration Date, by the surrender and presentment of this Warrant accompanied by a duly executed Notice of Exercise in the form attached hereto (the "Exercise Notice"), together with the payment of the aggregate Purchase Price (the "Aggregate Purchase Price") for the number of Warrant Shares specified in the Exercise Notice in the manner specified in Section 1(d) hereof, all of which shall be presented to the Company, at its principal office as set forth on the signature page of this Warrant, or at such other place as the Company may designate by notice in writing to the Holder.
Warrant Exercise. The rights represented by this Warrant may be exercised by the Holder by the surrender of this Warrant at any time on or after the date of this Warrant, but in no event later than the Expiration Date, at the principal office of the Company, together with a duly executed Subscription in the form annexed as Exhibit "1" hereto, and by payment to the Company by certified check or bank draft of the Warrant Purchase Price (as adjusted as set forth in Article 2 below, if applicable) for such shares; provided, however, that if the issuance of the Underlying Common Stock upon the exercise of this Warrant requires registration under the Securities Act in the reasonable judgment of the Company or its counsel, this Warrant shall not be exercisable by the Holder and no subscription of or payment for shares will be acceptable by the Company prior to the effectiveness of a registration statement under the Securities Act of 1933, as amended (the "Securities Act"), covering the issuance of the Underlying Common Stock by the Company to the holder of this Warrant. The shares so purchased shall be deemed to be issued to the Holder as the record owner of such shares as of the close of business on the date on which this Warrant shall have been exercised as hereinabove provided.
Warrant Exercise. Concurrently with and as a condition precedent to the exercise by the Investor of the Warrant in accordance with its terms, the Investor shall pay the Exercise Price in accordance with the terms of the Warrant.
