Common use of Failure to Deliver Certificates Clause in Contracts

Failure to Deliver Certificates. If, in the case of any Exercise Notice, such certificate or certificates are not delivered to or as directed by the applicable holder by the Share Delivery Date, the holder shall be entitled to elect by written notice to the Company at any time on or before its receipt of such certificate or certificates, to rescind such Exercise Notice, in which event the Company shall promptly return to the holder any original Warrant delivered to the Company and the holder shall promptly return to the Company the Common Stock certificates issued to such holder pursuant to the rescinded Exercise Notice.

Appears in 9 contracts

Samples: Securities Purchase Agreement (Biovie Inc.), Securities Purchase Agreement (Biovie Inc.), NuGene International, Inc.

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Failure to Deliver Certificates. If, in the case of any Exercise NoticeNotice of Exercise, such certificate or certificates are not delivered to or as directed by the applicable holder Holder by the Warrant Share Delivery Date, the holder Holder shall be entitled to elect by written notice to the Company at any time on or before its receipt of such certificate or certificates, to rescind such Exercise NoticeNotice of Exercise, in which event the Company shall promptly return to the holder Holder any original Warrant delivered to the Company and the holder Holder shall promptly return to the Company the Common Stock certificates issued to such holder Holder pursuant to the rescinded Exercise NoticeNotice of Exercise.

Appears in 7 contracts

Samples: Common Stock Purchase (Balqon Corp.), Common Stock Purchase (US Dry Cleaning Services Corp), Common Stock Purchase Warrant (Balqon Corp.)

Failure to Deliver Certificates. If, in the case of any Exercise NoticeNotice of Exercise, such certificate or certificates are not delivered to or as directed by the applicable holder Holder by the Share Delivery Date, the holder Holder shall be entitled to elect by written notice to the Company Corporation at any time on or before its receipt of such certificate or certificates, to rescind such Exercise NoticeNotice of Exercise, in which event the Company Corporation shall promptly return to the holder Holder any original Warrant certificate delivered to the Company Corporation and the holder Holder shall promptly return to the Company Corporation the Common Stock certificates issued to such holder Holder pursuant to the rescinded Exercise NoticeNotice of Exercise.

Appears in 4 contracts

Samples: CNS Pharmaceuticals, Inc., AMP Holding Inc., Ecm Energy Services Inc

Failure to Deliver Certificates. If, in the case of any Exercise NoticeNotice of Exercise, such certificate or certificates are not delivered to or as directed by the applicable holder Holder by the Warrant Share Delivery Date, the holder Holder shall be entitled to elect by written notice to the Company at any time on or before its receipt of such certificate or certificates, to rescind such Exercise NoticeNotice of Exercise, in which event the Company shall promptly return to the holder Holder any original Warrant certificate delivered to the Company Corporation and the holder Holder shall promptly return to the Company the Common Stock certificates issued to such holder Holder pursuant to the rescinded Exercise NoticeNotice of Exercise.

Appears in 3 contracts

Samples: Conversion Agreement (TWO RIVERS WATER & FARMING Co), Conversion Agreement (TWO RIVERS WATER & FARMING Co), Conversion Agreement (TWO RIVERS WATER & FARMING Co)

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Failure to Deliver Certificates. If, in the case of any Exercise NoticeNotice of Exercise, such certificate or certificates are not delivered to or as directed by the applicable holder Holder by the Share Delivery Date, the holder Holder shall be entitled to elect by written notice to the Company at any time on or before its receipt of such certificate or certificates, to rescind such Exercise NoticeNotice of Exercise, in which event the Company shall promptly return to the holder Holder any original Warrant certificate delivered to the Company and the holder Holder shall promptly return to the Company the Common Stock certificates issued to such holder Holder pursuant to the rescinded Exercise NoticeNotice of Exercise.

Appears in 2 contracts

Samples: Securities Purchase Agreement (MDNA Life Sciences, Inc.), Securities Purchase Agreement (MDNA Life Sciences, Inc.)

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