Examples of Warrant Exercise Amount in a sentence
Subject to the terms and conditions set forth in this Agreement, at the Closing, (i) the Purchaser shall exercise its 2018 Warrants for all of the shares of Company Common Stock issuable thereunder and shall pay the Purchaser’s 2018 Warrant Exercise Amount to the Company, and(ii) the Company shall issue to the Purchaser a 2019 Warrant exercisable for the number of shares of Company Common Stock equal to the number of shares issued to the Purchaser in connection with the 2018 Warrant Exercise.
As promptly as practicable after the receipt by the Company of (i) such written notice from the Holder and (ii) payment, in the form required by the foregoing provisions of this Paragraph 1(f) of the Warrant Exercise Amount, the Company shall cause its transfer agent to deliver to the Holder a certificate representing the number of shares of stock with respect to which this Warrant has been so exercised, such certificate to be registered in the name of the Holder.
In order to be effective, such written notice shall be accompanied by a payment equal to the Warrant Price multiplied by the number of shares of stock with respect to which this Warrant is to be exercised (the "Warrant Exercise Amount").
The Warrant Exercise Amount shall be made by cashier's check drawn on a national banking association and payable to the order of the Company in United States dollars.
If, at the expiration of seven business days after the delivery to the Holder of such written notice from the Company, the Holder shall not have delivered to the Company a cashier's check drawn on a national banking association and payable to the order of the Company in an amount, in United States dollars, equal to the Warrant Exercise Amount, such written notice from the Holder to the Company shall be ineffective to exercise this Warrant.