Exercise of Representatives Warrant. (a) The Representative's Warrant is exercisable during the term set forth in Section 1 hereof payable by certified or cashier's check or money order in lawful money of the United States. Upon surrender of an Representative's Warrant Certificate with the annexed Form of Election to Purchase duly executed, together with payment of the Purchase Price (as hereinafter defined) for the Representative's Securities (and such other amounts, if any, arising pursuant to Section 4 hereof) at the Company's principal office currently located at 000 Xxxxx Xxxxxx, Xxxxxxxxx, Xxx Xxxxxx 00000, the registered holder of an Representative's Warrant Certificate ("Holder" or "Holders") shall be entitled to receive a certificate or certificates for the Representative's Securities so purchased. The purchase rights represented by each Representative's Warrant Certificate are exercisable at the option of the Holder or Holders thereof, in whole or in part as to Representative's Securities. The Representative's Warrant may be exercised to purchase all or any part of the Representative's Securities represented thereby. In the case of the purchase of less than all the Representative's Securities purchasable on the exercise of the Representative's Warrant represented by an Representative's Warrant Certificate, the Company shall cancel the Representative's Warrant Certificate represented thereby upon the surrender thereof and shall execute and deliver a new Representative's Warrant Certificate of like tenor for the balance of the Representative's Securities purchasable thereunder.
Exercise of Representatives Warrant. 4.1 The Representative's Warrants initially are exercisable at an aggregate Exercise Price (subject to adjustment as provided in Section 11 hereof) per share of Common Stock and Warrant as set forth in Section 8 hereof payable by certified or official bank check in New York Clearing House funds. Upon surrender of a Representative's Warrant Certificate with the annexed Form of Election to Purchase duly executed, together with payment of the Exercise Price for the Securities purchased at the Company's principal offices in Indianapolis, Indiana, the registered holder of a Representative's Warrant Certificate ("Holder" or "Holders") shall be entitled to receive a certificate or certificates for the shares of Common Stock and/or Warrants so purchased. The purchase rights represented by each Representative's Warrant Certificate are exercisable at the option of the Holder thereof, in whole or in part (but not as to fractional shares of Common Stock and/or Warrants underlying the Representative's Warrants). Representative's Warrants may be exercised to purchase all or part of the shares of Common Stock together with an equal or unequal number of the Warrants represented thereby. If the Company redeems all of the Warrants sold in the Public Offering, then thereafter the Representative's Warrants may not be exercised to purchase any Warrants unless such exercise is accompanied by the simultaneous exercise of all such Warrants being purchased. In the case of the purchase of less than all of the shares of Common Stock and/or Warrants purchasable under any Representative's Warrant Certificate, the Company shall cancel said Representative's Warrant Certificate upon the surrender thereof and shall execute and deliver a new Representative's Warrant Certificate of like tenor for the balance of the shares of Common Stock and/or Warrants purchasable thereunder.
Exercise of Representatives Warrant. The Representative's Warrants initially are exercisable at an aggregate Exercise Price (subject to adjustment as provided in Section 11 ------- hereof) per share of Common Stock as set forth in Section 8 hereof payable by certified or official bank ------- check in New York Clearing House funds. Upon surrender of a Representative's Warrant Certificate with the annexed Form of Election to Purchase duly executed, together with payment of the Exercise Price for the Securities purchased at the Company's principal offices in Colorado presently located at 0000 00xx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxxxxx 00000 the registered holder of a Representative's Warrant Certificate ("Holder" or "Holders") shall be entitled to receive a certificate or certificates for the shares of Common Stock so purchased. The purchase rights represented by each Representative's Warrant Certificate are exercisable at the option of the Holder thereof, in whole or in part (but not as to fractional shares of Common Stock underlying the Representative's Warrants). Representative's Warrants may be exercised to purchase all or part of the shares of Common Stock represented thereby. In the case of the purchase of less than all of the shares of Common Stock purchasable under any Representative's Warrant Certificate, the Company shall cancel said Representative's Warrant Certificate upon the surrender thereof and shall execute and deliver a new Representative's Warrant Certificate of like tenor for the balance of the shares of Common Stock purchasable thereunder.
Exercise of Representatives Warrant
