Common use of No Obligation to Net Cash Settle Clause in Contracts

No Obligation to Net Cash Settle. Notwithstanding anything to the contrary contained in this Warrant, in no event will the Company be required to net cash settle the exercise of the Warrant. The holder of the Warrant will not be entitled to exercise the Warrant unless it exercises such Warrant pursuant to the Cashless Exercise Right or a registration statement is effective, or an exemption from the registration requirements is available at such time.

Appears in 3 contracts

Samples: Distoken Acquisition Corp, Distoken Acquisition Corp, Distoken Acquisition Corp

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No Obligation to Net Cash Settle. Notwithstanding anything to the contrary contained in this Warrant, in no event will the Company be required to net cash settle the exercise of the this Warrant. The holder Holder of the this Warrant will not be entitled to exercise the this Warrant unless (i) it exercises such Warrant pursuant to the Cashless Exercise Right or Right, (ii) a registration statement is effective, or (iii) an exemption from the registration requirements is available at such timetime and, if the Holder is not able to exercise this Warrant, this Warrant will expire worthless.

Appears in 2 contracts

Samples: Underwriting Agreement (Sentage Holdings Inc.), Underwriting Agreement (Sentage Holdings Inc.)

No Obligation to Net Cash Settle. Notwithstanding anything to the contrary contained in this Warrant, in no event will the Company be required to net cash settle the exercise of the this Warrant. The holder Holder of the this Warrant will not be entitled to exercise the this Warrant unless it exercises such Warrant pursuant to the Cashless Exercise Right or and a registration statement is effective, or an exemption from the registration requirements is available at such timetime and, if the Holder is not able to exercise this Warrant, this Warrant will expire worthless.

Appears in 1 contract

Samples: Underwriting Agreement (Goxus, Inc)

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No Obligation to Net Cash Settle. Notwithstanding anything to the contrary contained in this Warrant, in no event will the Company be required to net cash settle the exercise of the Warrant. The holder of the Warrant will not be entitled to exercise the Warrant unless it exercises such Warrant pursuant to the Cashless Exercise Right or a registration or offering statement is effectiveeffective or qualified, or an exemption from the registration or offering requirements is available at such timetime and, if the holder is not able to exercise the Warrant, the Warrant will expire worthless.

Appears in 1 contract

Samples: FGI Industries Ltd.

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