Common use of Obligation to Purchase Warrant Shares Clause in Contracts

Obligation to Purchase Warrant Shares. The Company shall be obligated, subject to Section 1.6 hereof, to purchase all of such holder's or holders' Warrant Shares which are the subject of such Put Notice, and shall pay the Put Option Purchase Price with respect to the exercise of the put option which is the subject of each such Put Notice payable to such holder or holders in immediately available funds, on the Put Repurchase Date with respect to such Put Notice, against delivery by such holder or holders of any and all certificates or other instruments evidencing the Warrant Shares which are the subject of such Put Notice, together with appropriate stock powers or other instruments of transfer or assignment duly endorsed in blank.

Appears in 1 contract

Samples: Shareholders' Agreement (Hutchinson Products Corp)

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Obligation to Purchase Warrant Shares. The Company shall be obligated, subject to Section 1.6 subsection (e) hereof, to purchase all of such holderHolder's or holdersHolders' Warrants and/or Warrant Shares which are the subject of such Put Notice, and shall pay the Put Option Purchase Price with respect to the exercise of the put option which is the subject of each such Put Notice payable to such holder Holder or holders Holders in immediately available funds, on the Put Repurchase Date with respect to such Put Notice, against delivery by such holder Holder or holders Holders of any and all certificates or other instruments evidencing the Warrants and/or Warrant Shares which are the subject of such Put Notice, together with appropriate stock powers or other instruments of transfer or assignment duly endorsed in blank.

Appears in 1 contract

Samples: Warrant Agreement (Ubiquitel Inc)

Obligation to Purchase Warrant Shares. The Company shall be obligated, subject to Section 1.6 11.5 hereof, to purchase all of such holderHolder's or holdersHolders' Warrants and/or Warrant Shares which are the subject of such Put Notice, and shall pay the Put Option Purchase Price with respect to the exercise of the put option which is the subject of each such Put Notice payable to such holder Holder or holders Holders in immediately available fundscash, on the Put Repurchase Date with respect to such Put Notice, against delivery by such holder Holder or holders Holders of any and all certificates or other instruments evidencing the Warrants and/or Warrant Shares which are the subject of such Put Notice, together with appropriate stock powers or other instruments of transfer or assignment duly endorsed in blank.

Appears in 1 contract

Samples: Warrant Agreement (Banque Paribas)

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Obligation to Purchase Warrant Shares. The Company shall be ------------------------------------- obligated, subject to Section 1.6 11.5 hereof, to purchase all of such holderHolder's or holdersHolders' Warrants and/or Warrant Shares which are the subject of such Put Notice, and shall pay the Put Option Purchase Price with respect to the exercise of the put option which is the subject of each such Put Notice payable to such holder Holder or holders Holders in immediately available funds, on the Put Repurchase Date with respect to such Put Notice, against delivery by such holder Holder or holders Holders of any and all certificates or other instruments evidencing the Warrants and/or Warrant Shares which are the subject of such Put Notice, together with appropriate stock powers or other instruments of transfer or assignment duly endorsed in blank.

Appears in 1 contract

Samples: Warrant Agreement (Physician Health Corp)

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