Common use of Effect of Exercise of Warrants Clause in Contracts

Effect of Exercise of Warrants. 11.1 Upon surrender and payment as aforesaid, the Shares so subscribed for shall be deemed to have been issued and such Holder shall be deemed to have become the holder (or holders) of record of such Shares on the date of such surrender and payment and such Shares shall be issued at the Exercise Price in effect on the date of such surrender and payment.

Appears in 3 contracts

Samples: Private Placement Subscription Agreement (Orgenesis Inc.), Private Placement Subscription Agreement (Orgenesis Inc.), Private Placement Subscription Agreement (Orgenesis Inc.)

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Effect of Exercise of Warrants. 11.1 12.1 Upon surrender and payment as aforesaid, the Shares so subscribed for shall be deemed to have been issued and such Holder persons shall be deemed to have become the holder Holder (or holdersHolders) of record of such Shares on the date of such surrender and payment and such Shares shall be issued at the Exercise Price in effect on the date of such surrender and payment.

Appears in 1 contract

Samples: Terms And (Titan Iron Ore Corp.)

Effect of Exercise of Warrants. 11.1 (1) Upon surrender and payment as aforesaid, aforesaid the Shares so subscribed for shall will be deemed to have been issued and such Holder shall person will be deemed to have become the holder (or holders) of record of such Shares on the date of such surrender and payment payment, and such Shares shall will be issued at the Exercise Price subscription price in effect on the date of such surrender and payment.

Appears in 1 contract

Samples: Share Award Agreement (Sand Technology Inc)

Effect of Exercise of Warrants. 11.1 (a) Upon surrender and payment as aforesaid, the Shares shares so subscribed for shall be deemed to have been issued issued, and such Holder person shall be deemed to have become the holder (or holders) of record of such Shares on the date of such surrender and payment and such Shares shall be issued at the Exercise Price in effect shares on the date of such surrender and payment, and such shares shall be issued at the purchase price paid.

Appears in 1 contract

Samples: Garuda Capital Corp

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Effect of Exercise of Warrants. 11.1 12.1 Upon surrender and payment as aforesaid, the Shares so subscribed for shall be deemed to have been issued and such Holder shall be deemed to have become the holder (or holders) of record of such Shares on the date of such surrender and payment and such Shares shall be issued at the Exercise Price in effect on the date of such surrender and payment.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Orgenesis Inc.)

Effect of Exercise of Warrants. 11.1 (1) Upon surrender and payment as aforesaid, the Shares shares so subscribed for shall be deemed to have been issued issued, and such Holder person shall be deemed to have become the holder (or holders) of record of such Shares shares on the date of such surrender and payment payment, and such Shares shares shall be issued at the Exercise Price subscription price in effect on the date of such surrender and payment.

Appears in 1 contract

Samples: Amador Gold Corp

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