Common use of Cancellation of Warrant Clause in Contracts

Cancellation of Warrant. This Warrant shall be canceled upon the Exercise of this Warrant, and, as soon as practical after the Date of Exercise, Holder shall be entitled to receive Common Stock for the number of shares purchased upon such Exercise of this Warrant, and if this Warrant is not exercised in full, Holder shall be entitled to receive a new Warrant (containing terms identical to this Warrant) representing any unexercised portion of this Warrant in addition to such Common Stock.

Appears in 91 contracts

Sources: Investment Agreement (Tri Valley Corp), Warrant Agreement (Greenland Corp), Warrant Agreement (Itronics Inc)

Cancellation of Warrant. This Warrant shall be canceled upon the full Exercise of this Warrant, and, as soon as practical after the Date of Exercise, Holder shall be entitled to receive Common Stock for the number of shares purchased upon such Exercise of this Warrant, and if this Warrant is not exercised Exercised in full, Holder shall be entitled to receive a new Warrant (containing terms identical to this Warrant) representing any unexercised portion of this Warrant in addition to such Common Stock.

Appears in 28 contracts

Sources: Series C Preferred Stock and Warrant Purchase Agreement (VirtualScopics, Inc.), Warrant Agreement (VirtualScopics, Inc.), Warrant Agreement (Titan Pharmaceuticals Inc)

Cancellation of Warrant. This Warrant shall be canceled upon the Exercise of this Warrantits Exercise, and, as soon as practical after the Date of Exercise, the Holder hereof shall be entitled to receive Common Stock for the number of shares purchased upon such Exercise of this WarrantExercise, and if this Warrant is not exercised in full, the Holder shall be entitled to receive a new Warrant or Warrants (containing terms identical to this Warrant) representing any unexercised portion of this Warrant in addition to such Common Stock.

Appears in 26 contracts

Sources: Subscription Agreement (Viragen Inc), Subscription Agreement (Viragen Inc), Warrant Agreement (Ea Industries Inc /Nj/)

Cancellation of Warrant. This Warrant shall be canceled upon the Exercise full Exercise, of this Warrant, and, as soon as practical after the Date of Exercise, Holder shall be entitled to receive Common Stock for the number of shares purchased upon such Exercise of this Warrant, and if this Warrant is not exercised Exercised in full, Holder shall be entitled to receive a new Warrant (containing terms identical to this Warrant) representing any unexercised portion of this Warrant in addition to such Common Stock.

Appears in 7 contracts

Sources: Facility Agreement (MAKO Surgical Corp.), Facility Agreement (MAKO Surgical Corp.), Warrant Agreement (MAKO Surgical Corp.)

Cancellation of Warrant. This Warrant shall be canceled upon the Exercise of this Warrant, and, as soon as practical after the Date of Exercise, Holder shall be entitled to receive Common Preferred Stock for the number of shares purchased upon such Exercise of this Warrant, and if this Warrant is not exercised in full, Holder shall be entitled to receive a new Warrant (containing terms identical to this Warrant) representing any unexercised portion of this Warrant in addition to such Common Preferred Stock.

Appears in 6 contracts

Sources: Warrant Agreement (Medcare Technologies Inc), Warrant Agreement (Medcare Technologies Inc), Warrant Agreement (Medcare Technologies Inc)

Cancellation of Warrant. This Warrant shall be canceled upon the Exercise of this Warrant, and, as soon as practical practicable after the Date of Exercise, Holder shall be entitled to receive Common Stock for the number of shares purchased upon such Exercise of this Warrant, and if this Warrant is not exercised in full, Holder shall be entitled to receive a new Warrant (containing terms identical to this Warrant) representing any unexercised portion of this Warrant in addition to such Common Stock.

Appears in 6 contracts

Sources: Loan Agreement (Alanco Technologies Inc), Loan and Security Agreement (Alanco Technologies Inc), Loan and Security Agreement (Alanco Technologies Inc)

Cancellation of Warrant. This Warrant shall be canceled cancelled upon the full Exercise of this Warrant, and, as soon as practical after the Date of Exercise, Holder shall be entitled to receive Common Stock for the number of shares purchased upon such Exercise of this Warrant, and if this Warrant is not exercised Exercised in fullfull and Holder has delivered an original copy of the Warrant, Holder shall be entitled to receive a new Warrant (containing terms identical to this Warrant) representing any unexercised portion of this Warrant in addition to such Common Stock.

Appears in 5 contracts

Sources: Warrant Agreement (Jammin Java Corp.), Warrant Agreement (Jammin Java Corp.), Warrant Agreement (Lucas Energy, Inc.)

Cancellation of Warrant. This Warrant shall be canceled upon the full Exercise of this Warrant, and, as soon as practical after the Date of Exercise, Holder shall be entitled to receive Common Stock for the number of shares purchased upon such Exercise of this Warrant, and if this Warrant is not exercised in full, Holder shall be entitled to receive a new Warrant (containing terms identical to this Warrant) representing any unexercised portion of this Warrant in addition to such Common Stock.

Appears in 4 contracts

Sources: Warrant Agreement (BioMETRX), Warrant Agreement (BioMETRX), Warrant Agreement (BioMETRX)

Cancellation of Warrant. This Warrant shall be canceled upon the Exercise of this Warrant, and, as soon as practical after the Date of Exercise, Holder shall be entitled to receive Common Stock for the certificates representing a number of shares of Common Stock purchased upon such Exercise of this Warrant, and if this Warrant is not exercised in full, Holder shall be entitled to receive a new Warrant (containing terms identical to this Warrant) representing any unexercised portion of this Warrant in addition to such Common Stock.

Appears in 1 contract

Sources: Warrant Agreement (Lightpath Technologies Inc)

Cancellation of Warrant. This Warrant shall be canceled upon the Exercise of this Warrantits Exercise, and, as soon as practical within five (5) days after the Date of Exercise, the Holder hereof shall be entitled to receive Common Stock for the number of shares purchased upon such Exercise of this WarrantExercise, and if this Warrant is not exercised in full, the Holder shall be entitled to receive a new Warrant or Warrants (containing terms identical to this Warrant) representing any unexercised portion of this Warrant in addition to such Common Stock.

Appears in 1 contract

Sources: Warrant Agreement (Intercell Corp)