Common use of on Exercise Clause in Contracts

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within five business days thereafter, the Company at its expense (including the payment by it of any applicable issue or stamp taxes) will cause to be issued in the name of and delivered to the Holder hereof, or as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Stock to which such Holder shall be entitled on such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then current fair market value of one full share, together with any other stock or other securities any property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 11 contracts

Samples: Vertical Computer Systems Inc, Vertical Computer Systems Inc, Vertical Computer Systems Inc

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on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within five (5) business days thereafter, the Company at its expense (including the payment by it of any applicable issue issue, stamp or stamp transfer taxes) will cause to be issued in the name of and delivered to the Holder hereofthereof, or or, to the extent permissible hereunder, to such other person as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then current fair market value of one full shareapplicable Purchase Price, together with any other stock or other securities any and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 11 contracts

Samples: Securities Purchase Agreement (Lahaina Acquisitions Inc), Common Stock Purchase (American International Petroleum Corp /Nv/), Securities Purchase Agreement (Lahaina Acquisitions Inc)

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within five three (3) business days thereafter, the Company at its expense (including the payment by it of any applicable issue issue, stamp or stamp transfer taxes) will cause to be issued in the name of and delivered to the Holder hereofthereof, or or, to the extent permissible hereunder, to such other person as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then current fair market value of one full shareapplicable Purchase Price, together with any other stock or other securities any and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 2 or otherwise.

Appears in 9 contracts

Samples: Securities Purchase Agreement (Dial Thru International Corp), Securities Purchase Agreement (Smartserv Online Inc), Securities Purchase Agreement (Dial Thru International Corp)

on Exercise. As soon as practicable practical after the exercise of this Warrant, and Warrant in any event within five business days thereafterfull or in part, the Company Company, at its expense (including the payment by it of any applicable issue or stamp taxes) ), will cause to be issued in the name of and delivered to the Holder hereof, or as such Holder (upon payment by such the Holder of any applicable transfer taxestaxes and, if requested by the Company, demonstration by the Holder of compliance with applicable securities laws) may direct, a certificate or certificates for the number of fully paid and nonassessable non-assessable shares of Common Stock to which such Holder shall be entitled on such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then then-current fair market value of one full share, together with any other stock or other securities any and property (including cash, where applicable) to which such Holder holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 6 contracts

Samples: Genetic Vectors Inc, Genetic Vectors Inc, Genetic Vectors Inc

on Exercise. As soon as practicable after the exercise of this WarrantWarrant in full or in part, and in any event within five three business days thereafter, the Company at its own expense (including the payment by it of any applicable issue or stamp taxes) will cause to be issued in the name of and delivered to the Holder hereof, or as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully paid and nonassessable non-assessable shares of Common Stock or Other Securities to which such Holder shall be entitled on upon such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then current fair market value Market Price of one full share, together with any other stock or other securities any and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 5 or otherwise.

Appears in 5 contracts

Samples: Voting Agreement (Graphon Corp/De), Graphon Corp/De, Graphon Corp/De

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within five business days three (3) Business Days thereafter, the Company at its expense (including the payment by it of any applicable issue issue, stamp or stamp transfer taxes) will cause to be issued in the name of and delivered to the Holder hereofthereof, or or, to the extent permissible hereunder, to such other person as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then current fair market value of one full shareapplicable Purchase Price, together with any other stock or other securities any and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Avitar Inc /De/), Securities Purchase Agreement (Avitar Inc /De/), Securities Purchase Agreement (Galaxy Minerals Inc)

on Exercise. As soon as practicable practical after the exercise of this Warrant, and Warrant in any event within five business days thereafterfull or in part, the Company Company, at its expense (including the payment by it of any applicable issue or stamp taxes) ), will cause to be issued in the name of and delivered to the Holder hereof, or such other person as such Holder (upon payment by such the Holder of any applicable transfer taxestaxes and, if requested by the Company, demonstration by the Holder of compliance with applicable securities laws) may direct, a certificate or certificates for the number of fully paid and nonassessable non-assessable shares of Common Stock to which such Holder shall be entitled on such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then then-current fair market value of one full share, together with any other stock or other securities any and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 4 contracts

Samples: Genetic Vectors Inc, Genetic Vectors Inc, Genetic Vectors Inc

on Exercise. As soon as practicable practical after the exercise of this Warrant, and Warrant in any event within five business days thereafterfull or in part, the Company Company, at its expense (including the payment by it of any applicable issue or stamp taxes) ), will cause to be issued in the name of and delivered to the Holder hereof, or as such Holder (upon payment by such the Holder of any applicable transfer taxestaxes and, if requested by the Company, demonstration by the Holder of compliance with applicable securities laws) may direct, a certificate or certificates for the number of fully paid and nonassessable non-assessable shares of Common Stock to which such Holder shall be entitled on such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then then-current fair market value of one full share, together with any other stock or other securities any and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 2 contracts

Samples: Genetic Vectors Inc, Genetic Vectors Inc

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within five business three days thereafter, the Company at its expense (including the payment by it of any applicable issue or stamp taxes) will cause to be issued in the name of and delivered to the Holder hereof, or as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then current fair market value (as determined in accordance with subsection 1.2) of one full share, together with any other stock or other securities any property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 2 contracts

Samples: Subscription Agreement (Graphix Zone Inc/De), Palomar Medical Technologies Inc

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on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within five three (3) business days thereafter, the Company at its expense (including the payment by it of any applicable issue issue, stamp or stamp transfer taxes) will cause to be issued in the name of and delivered to the Holder hereofthereof, or or, to the extent permissible hereunder, to such other person as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then current fair market value of one full shareapplicable Purchase Price, together with any other stock or other securities any and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Creative Host Services Inc)

on Exercise. As soon as ------------------------------------------------- practicable after the exercise of this WarrantWarrant in full or in part, and in any event within five three business days thereafter, the Company at its own expense (including the payment by it of any applicable issue or stamp taxes) will cause to be issued in the name of and delivered to the Holder hereof, or as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully paid and nonassessable non-assessable shares of Common Stock or Other Securities to which such Holder shall be entitled on upon such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then current fair market value Market Price of one full share, together with any other stock or other securities any and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 5 or otherwise.

Appears in 1 contract

Samples: Rf Monolithics Inc /De/

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within five business days three Business Days thereafter, the Company at its expense (including the payment by it of any applicable issue or stamp taxes) will cause to be issued in the name of and delivered to the Holder hereof, or as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then current fair market value of one full share, together with any other stock or other securities any property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.as determined in accordance with

Appears in 1 contract

Samples: Tera Computer Co \Wa\

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within five business days thereafter, the Company at its expense (including the payment by it of any applicable issue issue, stamp or stamp taxestransfer taxes upon issuance to the Holder) will cause to be issued in the name of and delivered to the Holder to hereof, or or, to the extent permissible hereunder, to such other person as such the Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully full paid and nonassessable shares of Common Stock (or Other Securities) to which such the Holder shall be entitled on such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such the Holder would otherwise be entitled, cash equal to the such fraction multiplied by the then current fair market value of one full shareapplicable Purchase Price, together with any other stock or other securities any and property (including cash, where applicableapplicable ) to which such the Holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 1 contract

Samples: Visual Edge Systems Inc

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within five business days three (3) Business Days thereafter, the Company at its expense (including the payment by it of any applicable issue issue, stamp or stamp transfer taxes) will cause to be issued in the name of and delivered to the Holder hereofthereof or, or to the extent permissible hereunder, to such other person as such Holder (upon payment by such Holder of any applicable transfer taxes) may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such exercise, in such denominations as may be requested by such Holder, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then current fair market value of one full shareapplicable Purchase Price, together with any other stock or other securities any and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Universal Automotive Industries Inc /De/)

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