Cash Reserve. The Company shall provide an initial funding of [$1,000] for the purpose of issuing cash in lieu of fractional shares. From time to time thereafter, the Warrant Agent may request additional funding to cover fractional payments in writing. The Warrant Agent shall have no obligation to make such fractional payments unless the Company shall have provided the necessary funds to pay in full all amounts due and payable with respect thereto.
Appears in 3 contracts
Samples: Warrant Agreement (Oculus Innovative Sciences, Inc.), Warrant Agreement (Oculus Innovative Sciences, Inc.), Warrant Agreement (Oculus Innovative Sciences, Inc.)
Cash Reserve. The Company shall provide an initial funding of [$1,000] 100 for the purpose of issuing cash in lieu of fractional shares. From time to time thereafter, the Warrant Agent may request additional funding to cover fractional payments in writing. The Warrant Agent shall have no obligation to make such fractional payments unless the Company shall have provided the necessary funds to pay in full all amounts due and payable with respect thereto.
Appears in 2 contracts
Samples: Warrant Agreement (Opexa Therapeutics, Inc.), Warrant Agreement (Opexa Therapeutics, Inc.)
Cash Reserve. The Company shall provide an initial funding of [$1,000] 1,000 for the purpose of issuing cash in lieu of fractional shares. From time to time thereafter, the Warrant Agent may request additional funding to cover fractional payments in writing. The Warrant Agent shall have no obligation to make such fractional payments unless the Company shall have provided the necessary funds to pay in full all amounts due and payable with respect thereto.
Appears in 2 contracts
Samples: Warrant Agreement (Oculus Innovative Sciences, Inc.), Warrant Agreement (Oculus Innovative Sciences, Inc.)
