Net Issue Election. The Holder may elect to receive, without the payment by the Holder of any additional consideration, shares equal to the value of this Warrant or any portion hereof by the surrender of this Warrant or such portion, together with a duly executed notice of exercise in the form attached hereto as Exhibit B, at the principal office of the Issuer. Thereupon, the Issuer shall issue to the Holder such number of shares of Common Stock as is computed using the following formula: X = Y (A-B) Where
Appears in 6 contracts
Samples: Compensation and Security Agreement (Xplore Technologies Corp), Subordination Agreement (Xplore Technologies Corp), Xplore Technologies Corp
Net Issue Election. The Holder may elect to receive, without the payment by the Holder of any additional consideration, shares equal to the value of this Warrant or any portion hereof by the surrender of this Warrant or such portion, portion (together with a duly executed notice of exercise in the form attached hereto as Exhibit B, A-2) at the principal office of the IssuerCompany. Thereupon, the Issuer Company shall issue to the Holder such number of shares of Common Stock as is computed using the following formula: X = Y (A-B) Where
Appears in 4 contracts
Samples: MTM Technologies, Inc., MTM Technologies, Inc., MTM Technologies, Inc.
Net Issue Election. The Holder may elect to receive, without the payment by the Holder of any additional consideration, shares equal to the value of this Warrant or any portion hereof by the surrender of this Warrant or such portion, portion (together with a duly executed notice of exercise in the form attached hereto as Exhibit B, A-2) at the principal office of the IssuerCompany. Thereupon, the Issuer Company shall issue to the Holder such number of shares of Common Preferred Stock as is computed using the following formula: X = Y (A-B) Where
Appears in 3 contracts
Samples: MTM Technologies, Inc., MTM Technologies, Inc., MTM Technologies, Inc.
Net Issue Election. The Holder may elect to receive, without the payment by the Holder of any additional consideration, shares equal to the value of this Warrant or any portion hereof by the surrender of this Warrant or such portion, portion (together with a duly executed notice of exercise in the form attached hereto as Exhibit B, A-2) at the principal office of the IssuerCompany. Thereupon, the Issuer Company shall issue to the Holder such number of shares of Common Stock as is computed using the following formula: X = Y (A-B) ------- A Where
Appears in 3 contracts
Samples: MTM Technologies, Inc., Micros to Mainframes Inc, Micros to Mainframes Inc
Net Issue Election. The Holder may elect to receive, without the payment by the Holder of any additional consideration, shares of Common Stock equal to the value of this Warrant or any portion hereof by the surrender of this Warrant or such portionportion to the Company, together with a the Notice of Exercise duly executed notice of exercise in the form attached hereto as Exhibit B, at the principal office of the Issuerexecuted. Thereupon, the Issuer Company shall issue to the Holder such number of fully paid and non-assessable shares of Common Stock as is computed using the following formula: X = Y (AX= Y(A-B) Where:
Appears in 2 contracts
Samples: Macrosolve Inc, Macrosolve Inc
Net Issue Election. The Holder may elect to receive, without the payment by the Holder of any additional consideration, shares equal to the value of this Warrant or any portion hereof by the surrender of this Warrant or such portion, portion (together with a duly executed notice of exercise in the form attached hereto as Exhibit B, A-2) at the principal office of the IssuerCompany. Thereupon, the Issuer Company shall issue to the Holder such number of shares of Common Preferred Stock as is computed using the following formula: X = Y (A-B) A Where
Appears in 2 contracts
Samples: MTM Technologies, Inc., MTM Technologies, Inc.
Net Issue Election. The Holder may elect to receive, without the payment by the Holder of any additional consideration, shares equal to the value of this Warrant or any portion hereof by the surrender of this Warrant or such portion, portion (together with a duly executed notice of exercise in the form attached hereto as Exhibit B, A-2) at the principal office of the IssuerCompany. Thereupon, the Issuer Company shall issue to the Holder such number of shares of Common Stock as is computed using the following formula: X = Y (A-B) Where:
Appears in 1 contract
Samples: MTM Technologies, Inc.
Net Issue Election. The Holder may elect to receive, without the payment by the Holder of any additional consideration, shares equal to the value of this Warrant or any portion hereof by the surrender of this Warrant or such portion, portion (together with a duly executed notice of exercise in the form attached hereto as Exhibit Annex B, ) at the principal office of the IssuerCompany. Thereupon, the Issuer Company shall issue to the Holder such number of shares of Common Stock as is computed using the following formula: X = Y (A-B) Where
Appears in 1 contract
Samples: Wentworth Ii Inc
Net Issue Election. The Holder may elect to receive, without the payment by the Holder of any additional consideration, shares equal to the value of this Warrant or any portion hereof by the surrender of this Warrant or such portion, together with a duly executed notice of exercise in the form attached hereto as Exhibit B, at the principal office of the Issuer. Thereupon, the Issuer shall issue to the Holder such number of shares of Common Stock as is computed using the following formula: X = Y (A-B) Where
Appears in 1 contract
Samples: Xplore Technologies Corp
Net Issue Election. The Holder may elect to receive, without the payment by the Holder of any additional consideration, shares equal to the value of this Warrant or any portion hereof by the surrender of this Warrant or such portion, portion (together with a duly executed notice of exercise in the form attached hereto as Exhibit B, A-2) at the principal office of the IssuerCompany. Thereupon, the Issuer Company shall issue to the Holder such number of shares of Common Preferred Stock as is computed using the following formula: X = Y (A-B) Where
Appears in 1 contract
