Beneficial Ownership Limitation. A Holder shall not have the right to exercise any Warrants to the extent that after giving effect to the issuance of Warrant Shares after exercise as set forth on the applicable Notice of Exercise, such Holder or a person holding through such Holder, and any other persons acting as a group together with that Holder or person or any of that Holder’s or person’s Affiliates), would beneficially own in excess of the Beneficial Ownership Limitation (as that term is defined in the Warrant) pursuant to Section 2(e) of the Warrant Certificates.
Appears in 18 contracts
Samples: Warrant Agency Agreement (INVO Bioscience, Inc.), Warrant Agency Agreement (Med-X, Inc.), Warrant Agency Agreement (Wisa Technologies, Inc.)
Beneficial Ownership Limitation. A Holder shall not have the right to exercise any Warrants to the extent that after giving effect to the issuance of Warrant Shares after exercise as set forth on the applicable Notice of Exercise, such Holder or a person holding through such Holder, and any other persons acting as a group together with that Holder or person or any of that Holder’s or person’s Affiliates), would beneficially own in excess of the Beneficial Ownership Limitation (as that term is defined in the Warrant) pursuant to Section 2(e) of the Warrant CertificatesCertificate.
Appears in 2 contracts
Samples: Warrant Agent Agreement (Guardion Health Sciences, Inc.), Warrant Agent Agreement (Guardion Health Sciences, Inc.)
