No Net Cash Settlement. In no event will any registered holder of the Securities be entitled to receive a net-cash settlement in lieu of physical settlement in shares of Common Stock.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Power Efficiency Corp), Securities Purchase Agreement (Power Efficiency Corp), Securities Purchase Agreement (Power Efficiency Corp)
No Net Cash Settlement. In no event will any registered holder Holder of the Securities this Warrant be entitled to receive a net-cash settlement in lieu of physical settlement in shares Ordinary Shares or other securities of Common Stockthe Company, regardless of whether any of such Holder’s Warrant Shares are registered pursuant to an effective registration statement.”
Appears in 2 contracts
