Common use of Net Issuance Clause in Contracts

Net Issuance. In addition to the foregoing methods of ------------ payment, the Warrant Holder may exercise this Warrant, or a portion thereof, and the Purchase Price shall be payable in connection therewith, by relinquishing the right under this Warrant to purchase an Exercise Block and, in exchange therefor, the Warrant Holder shall receive that number of shares of Common Stock equal to the number of shares constituting the Exercise Block, less a number of shares equal to the quotient of (i) the aggregate Purchase Price for the Exercise Block, divided by (ii) the Fair Market Value per share of Common Stock (determined as of the date of relinquishment). For purposes of this Section 1.2(d), "Exercise Block" shall mean that total number of shares covered by this Warrant for which the Warrant Holder desires to relinquish as provided herein.

Net Issuance. In addition to the foregoing methods of ------------ payment, the Warrant Holder may exercise this Warrant, or a portion thereof, and the Purchase Price shall be payable in connection therewith, by relinquishing the right under this Warrant to purchase an Exercise Block and, in exchange therefor, the Warrant Holder shall receive that number of shares of Common Stock equal to the number of shares constituting the Exercise Block, less a number of shares equal to the quotient of (i) the aggregate Purchase Price for the Exercise Block, divided by (ii) the Fair Market Value per share of Common Stock (determined as of the date of relinquishment). For purposes of this Section 1.2(d), "Exercise Block" shall mean that total number of shares covered by this Warrant for which the Warrant Holder desires to relinquish as provided herein.

Net Issuance. In addition to the foregoing ------------ methods of ------------ payment, the Warrant Holder may exercise this Warrant, or a portion thereof, and the Purchase Price shall be payable in connection therewith, by relinquishing the right under this Warrant to purchase an Exercise Block and, in exchange therefor, the Warrant Holder shall receive that number of shares of Common Stock equal to the number of shares constituting the Exercise Block, less a number of shares equal to the quotient of (i) the aggregate Purchase Price for the Exercise Block, divided by (ii) the Fair Market Value per share of Common Stock (determined as of the date of relinquishment). For purposes of this Section 1.2(d), "Exercise Block" shall mean that total number of shares covered by this Warrant for which the Warrant Holder desires to relinquish as provided herein.