No Obligation to Net Cash Settle. Notwithstanding anything to the contrary contained in this Warrant, in no event will the Company be required to net cash settle the exercise of the Warrant. The holder of the Warrant will not be entitled to exercise the Warrant unless a registration is effective, or an exemption from the registration requirements is available at such time and, if the holder is not able to exercise the Warrant, the Warrant will expire worthless.
Appears in 5 contracts
Sources: Underwriter Warrant (Aeluma, Inc.), Underwriter Warrant Agreement (Aeluma, Inc.), Underwriting Agreement (Aeluma, Inc.)
No Obligation to Net Cash Settle. Notwithstanding anything to the contrary contained in this Warrant, in no event will the Company be required to net cash settle the exercise of the Warrant. The holder of the Warrant will not be entitled to exercise the Warrant unless it exercises such Warrant pursuant to the Cashless Exercise Right or a registration statement is effective, or an exemption from the registration requirements is available at such time and, if the holder is not able to exercise the Warrant, the Warrant will expire worthlesstime.
Appears in 3 contracts
Sources: Warrant Agreement (Distoken Acquisition Corp), Warrant Agreement (Distoken Acquisition Corp), Warrant Agreement (Distoken Acquisition Corp)
No Obligation to Net Cash Settle. Notwithstanding anything to the contrary contained in this Warrant, in no event will the Company be required to net cash settle the exercise of the this Warrant. The holder Holder of the this Warrant will not be entitled to exercise the this Warrant unless (i) it exercises such Warrant pursuant to the Cashless Exercise Right, (ii) a registration statement is effective, or (iii) an exemption from the registration requirements is available at such time and, if the holder Holder is not able to exercise the this Warrant, the this Warrant will expire worthless.
Appears in 2 contracts
Sources: Underwriting Agreement (Sentage Holdings Inc.), Underwriting Agreement (Sentage Holdings Inc.)
No Obligation to Net Cash Settle. Notwithstanding anything to the contrary contained in this Warrant, in no event will the Company be required to net cash settle the exercise of the Warrant. The holder of the Warrant will not be entitled to exercise the Warrant unless a registration or offering statement is effectiveeffective or qualified, or an exemption from the registration or offering requirements is available at such time and, if the holder is not able to exercise the Warrant, the Warrant will expire worthless.
Appears in 2 contracts
Sources: Warrant Agreement (Legacy Education Inc.), Warrant Agreement (FGI Industries Ltd.)
No Obligation to Net Cash Settle. Notwithstanding anything to the contrary contained in this Warrant, in no event will the Company be required to net cash settle the exercise of the this Warrant. The holder Holder of the this Warrant will not be entitled to exercise the this Warrant unless it exercises such Warrant pursuant to the Cashless Exercise Right and a registration statement is effective, or an exemption from the registration requirements is available at such time and, if the holder Holder is not able to exercise the this Warrant, the this Warrant will expire worthless.
Appears in 1 contract
Sources: Underwriting Agreement (Goxus, Inc)