Call Procedure. To exercise this right, the Company shall deliver to the Holder a written notice (a “Call Notice”) indicating therein that this Warrant must be exercised by a date specified in the Call Notice, which date shall be at least twelve (12) Business Days after the date of the Call Notice (such date, the “Call Date”). If the Holder does not exercise this Warrant by the Call Date, then on the date immediately following the Call Date this Warrant shall terminate and shall no longer be exerciseable.
Appears in 2 contracts
Sources: Series B Preferred Stock Purchase Warrant (Pressure Biosciences Inc), Warrant Agreement (Pressure Biosciences Inc)
Call Procedure. To exercise this call right, the Company shall deliver to the Holder a written notice (a “Call Notice”) indicating therein that this Warrant must be exercised by a date specified in the Call Notice, which date shall be at least twelve (1215) Business Days after the date of the Call Notice (such date, the “Call Date”). If the Holder does not exercise this Warrant by the Call Date, then at 5:30 p.m., NewYork City time on the date immediately following the Call Date Date, ,this Warrant shall terminate and shall no longer be exerciseable.
Appears in 1 contract
Sources: Common Stock Purchase Warrant (Pressure Biosciences Inc)