Common use of on Exercise Clause in Contracts

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within five (5) business days thereafter, the Company at its expense (including the payment by it of any applicable issue, stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder thereof, or, to the extent permissible hereunder, to such other person as such Holder may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such exercise, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Price, together with any other stock or other securities and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 11 contracts

Sources: Common Stock Purchase Warrant (Lahaina Acquisitions Inc), Common Stock Purchase Warrant (Lahaina Acquisitions Inc), Common Stock Purchase Warrant (Lahaina Acquisitions Inc)

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within five (5) business days thereafter, the Company at its expense (including the payment by it of any applicable issue, issue or stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder thereofhereof, or, to the extent permissible hereunder, to such other person or as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Pricecurrent fair market value of one full share, together with any other stock or other securities and any property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 11 contracts

Sources: Security Agreement (Vertical Computer Systems Inc), Security Agreement (Vertical Computer Systems Inc), Common Stock Purchase Warrant (Vertical Computer Systems Inc)

on Exercise. As soon as practicable practical after the exercise of this Warrant, and Warrant in any event within five (5) business days thereafterfull or in part, the Company Company, at its expense (including the payment by it of any applicable issueissue taxes), stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder thereofhereof, or, to the extent permissible hereunder, to such other person as such Holder (upon payment by the Holder of any applicable transfer taxes and, if requested by the Company, demonstration by the Holder of compliance with applicable securities laws) may direct, a certificate or certificates for the number of fully paid and nonassessable non-assessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such exercise, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Pricethen-current market value of one full share, together with any other stock or other securities and property (including cash, where applicable) to which such Holder holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 6 contracts

Sources: Common Stock Purchase Warrant (Genetic Vectors Inc), Common Stock Purchase Warrant (Genetic Vectors Inc), Common Stock Purchase Warrant (Genetic Vectors Inc)

on Exercise. As soon as practicable after the exercise of this WarrantWarrant in full or in part, and in any event within five (5) three business days thereafter, the Company at its own expense (including the payment by it of any applicable issue, stamp or transfer issue taxes) will cause to be issued in the name of and delivered to the Holder thereofhereof, or, to the extent permissible hereunder, to such other person or as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully paid and nonassessable non-assessable shares of Common Stock (or Other Securities) Securities to which such Holder shall be entitled on upon such exercise, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Pricecurrent Market Price of one full share, together with any other stock or other securities and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 5 or otherwise.

Appears in 5 contracts

Sources: Warrant Agreement (Tegal Corp /De/), Warrant Agreement (Graphon Corp/De), Warrant Agreement (Graphon Corp/De)

on Exercise. As soon as practicable practical after the exercise of this Warrant, and Warrant in any event within five (5) business days thereafterfull or in part, the Company Company, at its expense (including the payment by it of any applicable issueissue taxes), stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder thereofhereof, or, to the extent permissible hereunder, to or such other person as such Holder (upon payment by the Holder of any applicable transfer taxes and, if requested by the Company, demonstration by the Holder of compliance with applicable securities laws) may direct, a certificate or certificates for the number of fully paid and nonassessable non-assessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such exercise, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Pricethen-current market value of one full share, together with any other stock or other securities and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 4 contracts

Sources: Common Stock Purchase Warrant (Genetic Vectors Inc), Common Stock Purchase Warrant (Genetic Vectors Inc), Common Stock Purchase Warrant (Genetic Vectors Inc)

on Exercise. As soon as practicable practical after the exercise of this Warrant, and Warrant in any event within five (5) business days thereafterfull or in part, the Company Company, at its expense (including the payment by it of any applicable issueissue taxes), stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder thereofhereof, or, to the extent permissible hereunder, to such other person as such Holder (upon payment by the Holder of any applicable transfer taxes and, if requested by the Company, demonstration by the Holder of compliance with applicable securities laws) may direct, a certificate or certificates for the number of fully paid and nonassessable non-assessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such exercise, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Pricethen-current market value of one full share, together with any other stock or other securities and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 2 contracts

Sources: Common Stock Purchase Warrant (Genetic Vectors Inc), Common Stock Purchase Warrant (Genetic Vectors Inc)

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within five (5) business 10 days thereafter, the Company at its expense (including the payment by it of any applicable issue, issue or stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder, or as the Holder thereof, or, (upon payment by the Holder of any applicable transfer taxes and subject to the extent permissible hereunder, to such other person as such Holder applicable securities laws) may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Series A Preferred Stock (or Other Securities) to which such the Holder shall be entitled on such exercise, in such denominations as may be requested by the Holder, plus, in lieu of any fractional share to which such the Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase PriceFair Market Value of one full share of Series A Preferred Stock, together with any other stock or other securities and property (including cash, where applicable) to which such Holder holder is entitled upon such exercise pursuant to Section 1 2 or otherwise.

Appears in 1 contract

Sources: Warrant Agreement (Viewlocity Inc)

on Exercise. As soon as practicable after the exercise of this WarrantWarrant in full or in part, and in any event within five ten (510) business days thereafter, the Company at its expense (including the payment by it of any applicable issue, stamp or transfer issue taxes) will shall cause to be issued in the name of and delivered to the Holder thereofholder hereof, or, to the extent permissible hereunder, to such other person or as such Holder holder (upon payment by such holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully full paid and nonassessable non-assessable shares of Common Stock (or Other Securities) to which such Holder holder shall be entitled on upon such exercise, plus, in lieu of any fractional share to which such Holder holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Pricecurrent market value of one full share, together with any other stock or other securities and property (including cash, where applicable) to which such Holder holder is entitled upon such exercise pursuant to Section 1 5 hereof or otherwise.

Appears in 1 contract

Sources: Warrant Agreement (Advanced Radio Telecom Corp)

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within five (5) business days three Business Days thereafter, the Company at its expense (including the payment by it of any applicable issue, issue or stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder thereofhereof, or, to the extent permissible hereunder, to such other person or as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Price, together with any other stock or other securities and property current fair market value (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.as determined in accordance with

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Tera Computer Co \Wa\)

on Exercise. As soon as ------------------------------------------------- practicable after the exercise of this WarrantWarrant in full or in part, and in any event within five (5) three business days thereafter, the Company at its own expense (including the payment by it of any applicable issue, stamp or transfer issue taxes) will cause to be issued in the name of and delivered to the Holder thereofhereof, or, to the extent permissible hereunder, to such other person or as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully paid and nonassessable non-assessable shares of Common Stock (or Other Securities) Securities to which such Holder shall be entitled on upon such exercise, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Pricecurrent Market Price of one full share, together with any other stock or other securities and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 5 or otherwise.

Appears in 1 contract

Sources: Warrant Agreement (Rf Monolithics Inc /De/)