Section 2(c) definition
Examples of Section 2(c) in a sentence
If the Company fails to pay any partial liquidated damages pursuant to this Section 2(c) ------------ in full within five (5) days of the date payable, the Company shall pay interest thereon at a rate of 18% per annum (or such lesser maximum amount that is permitted to be paid by applicable law) to the Holders, accruing daily from the date such partial liquidated damages are due until such amounts, plus all such interest thereon, are paid in full.
In addition to and without limiting ---------------- the rights of the holder hereof under the terms of this Warrant, the holder shall have the right to convert this Warrant or any portion thereof (the "Conversion Right") into shares of Common Stock as provided in this Section 2(c) ------------ at any time or from time to time during the term of this Warrant, including upon the Automatic Exercise Date.
Licensee shall not assign, sublicense or otherwise transfer its rights or obligations hereunder (but may subcontract System development under Section 2(c) ) to any third party without Licensor’s prior written consent, and any attempt at any such transfer without such prior written consent shall be void and of no effect.
Except as where otherwise permitted in accordance with Section 2(c) , this Warrant may only be exercised by means of payment by wire transfer or cashier’s check drawn on a United States bank.
If Licensee makes such election for an entire year, Licensor shall have the right to convert the license granted to Licensee to a non-exclusive license pursuant to Section 2.b, and if such election extends over two (2) years Licensor shall have the right to repurchase the license rights pursuant to Section 2.c. *** Portions of this Exhibit have been omitted pending a confidential treatment request by the Company.