Common use of Delivery of Warrant Shares and Net Number of shares of Common Stock Clause in Contracts

Delivery of Warrant Shares and Net Number of shares of Common Stock. The Company shall deliver to Holder, or its designee or agent as specified below, __________ shares of Common Stock in respect of the exercise contemplated hereby. Delivery shall be made to Holder, or for its benefit, to the following address: _______________________ _______________________ _______________________ _______________________ Date: _______________ __, ______ Name of Registered Holder Name: Title: Account Number: (if electronic book entry transfer) Transaction Code Number: (if electronic book entry transfer) Capitalized terms used herein and not otherwise defined shall have the respective meanings set forth in the Warrant. Net Number = (A x B) - (A x C) B For purposes of the foregoing formula: A= the total number of shares with respect to which this Warrant is then being exercised.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Transgenomic Inc)

Delivery of Warrant Shares and Net Number of shares of Common Stock. The Company shall deliver to Holder, or its designee or agent as specified below, __________ shares of Common Stock in respect of the exercise contemplated hereby. Delivery shall be made to Holder, or for its benefit, to the following address: Date: ________________ _______, ______ Name of Registered Holder By: Name: Title: Account Number:____________________________________________________________ (if electronic book entry transfer) Transaction Code Number:_____________________________________________________ _______________________ _______________________ Date: _______________ __, ______ Name of Registered Holder Name: Title: Account Number: (if electronic book entry transfer) Transaction Code Number: (if electronic book entry transfer) Capitalized terms used herein and not otherwise defined shall have the respective meanings set forth in the Warrant. Net Number = (A x B) - (A x C) B B)/C = ________________ shares of Common Stock For purposes of the foregoing formula: A= the total number of shares with respect to which this Warrant is then being exercisedexercised = _________________.

Appears in 1 contract

Sources: Warrant Agreement (Freeseas Inc.)

Delivery of Warrant Shares and Net Number of shares of Common Stock. The Company shall deliver to Holder, or its designee or agent as specified below, __________ shares of Common Stock in respect of the exercise contemplated hereby. Delivery shall be made to Holder, or for its benefit, to the following address: _______________________ _______________________ _______________________ _______________________ Date: _______________ __, ______ Name of Registered Holder Name: Title: Account Number: (if electronic book entry transfer) Transaction Code Number: (if electronic book entry transfer) Capitalized terms used herein and not otherwise defined shall have the respective meanings set forth in the Warrant. Net Number = (A x B) - (A x C) B B)/C = ________________ shares of Common Stock For purposes of the foregoing formula: A= the total number of shares with respect to which this Warrant is then being exercisedexercised = _________________.

Appears in 1 contract

Sources: Warrant Agreement (Freeseas Inc.)