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 three (3) business days thereafter, the Company at its expense (including the payment by it of any applicable issue, stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder thereof, or, to the extent permissible hereunder, to such other person as such Holder 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, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Price, together with any other stock or other securities and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 2 or otherwise.

Appears in 9 contracts

Sources: Common Stock Purchase Warrant (Dial Thru International Corp), Common Stock Purchase Warrant (Dial Thru International Corp), Common Stock Purchase Warrant (Smartserv Online Inc)

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within three (3) business days thereafter, the Company at its expense (including the payment by it of any applicable issue, stamp or transfer taxes) will use its best efforts to cause to be issued in the name of and delivered to the Holder thereof, or, to the extent permissible hereunder, to such other person as such Holder 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, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Price, together with any other stock or other securities and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 2 or otherwise.

Appears in 4 contracts

Sources: Common Stock Purchase Warrant (Avitar Inc /De/), Common Stock Purchase Warrant (Dial Thru International Corp), Common Stock Purchase Warrant (Dial Thru International Corp)

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within three (3) business days Business Days thereafter, the Company at its expense (including the payment by it of any applicable issue, stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder thereof, or, to the extent permissible hereunder, to such other person as such Holder 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, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Price, together with any other stock or other securities and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 2 1 or otherwise.

Appears in 4 contracts

Sources: Common Stock Purchase Warrant (Avitar Inc /De/), Common Stock Purchase Warrant (Avitar Inc /De/), Common Stock Purchase Warrant (Avitar Inc /De/)

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within three (3) business days thereafter, the Company at its expense (including the payment by it of any applicable issue, issue or stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder thereofhereof, or, to the extent permissible hereunder, to such other person 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 applicable Purchase Pricecurrent fair market value (as determined in accordance with subsection 1.2) of one full share, together with any other stock or other securities and any property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 2 1 or otherwise.

Appears in 2 contracts

Sources: Subscription Agreement (Graphix Zone Inc/De), Common Stock Purchase Warrant (Palomar Medical Technologies Inc)

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within three five (35) business days thereafter, the Company at its expense (including the payment by it of any applicable issue, stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder holder thereof, or, to the extent permissible hereunder, to such other person as such Holder holder 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 holder shall be entitled on such exercise, plus, in lieu of any fractional share to which such Holder holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Price, together with any other stock or other securities and property (including cash, where applicable) to which such Holder holder is entitled upon such exercise pursuant to Section 2 1 or otherwise.

Appears in 2 contracts

Sources: Common Stock Purchase Warrant (Touch Tone America Inc), Warrant Agreement (American International Petroleum Corp /Nv/)

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within three five (35) business days thereafter, the Company at its expense (including the payment by it of any applicable issue, stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder thereof, or, to the extent permissible hereunder, to such other person as such Holder 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, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Price, together with any other stock or other securities and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 2 or otherwise.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Miracor Diagnostics Inc)

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within three four (34) business days Trading Days thereafter, the Company at its expense (including the payment by it of any applicable issue, stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder thereof, or, to the extent permissible hereunder, to such other person as such Holder 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, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Price, together with any other stock or other securities and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 2 or otherwise.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Donini Inc)

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within three (3) business days Business Days thereafter, the Company at its expense (including the payment by it of any applicable issue, stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder thereof, thereof or, to the extent permissible hereunder, to such other person as such Holder 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, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Price, together with any other stock or other securities and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 2 1 or otherwise.

Appears in 1 contract

Sources: Warrant Agreement (Universal Automotive Industries Inc /De/)

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within three (3) business days thereafter, the Company at its expense (including the payment by it of any applicable issue, stamp or transfer taxes) will cause to be issued in the name of and delivered to the Holder thereof, or, to the extent permissible hereunder, to such other person as such Holder 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, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction multiplied by the then applicable Purchase Price, together with any other stock or other securities and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 2 1 or otherwise.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Creative Host Services Inc)

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within three (3) business days thereafter, the Company at its expense (including the payment by it of any applicable issue, stamp or transfer taxestaxes upon issuance to the Holder) will cause to be issued in the name of and delivered to the Holder thereofto hereof, or, to the extent permissible hereunder, to such other person as such the Holder 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, 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 applicable Purchase Price, together with any other stock or other securities and property (including cash, where applicableapplicable ) to which such the Holder is entitled upon such exercise pursuant to Section 2 1 or otherwise.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Visual Edge Systems Inc)