First Tranche Exercise Sample Clauses

First Tranche Exercise. Notwithstanding any provision of the First Tranche Warrants (as defined in the Expiration Schedule) to the contrary, the Investors hereby agree to exercise all of the First Tranche Warrants, and to pay the applicable cash exercise price therefor to the Company, on or before May 1, 2020 (and, for the avoidance of doubt, if any Investor fails to deliver an exercise notice with respect to the First Tranche Warrants on or before May 1, 2020, an exercise notice for the full cash exercise of such First Tranche Warrants shall be deemed to have been given as of May 1, 2020, and the full cash purchase price for the exercise of such Investor’s First Tranche Warrants shall still be due and payable as of May 1, 2020).