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 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 (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: Palomar Medical Technologies Inc, 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 three business 10 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 holder hereof, or as such Holder holder (upon payment by such Holder holder of any applicable transfer taxestaxes and subject to applicable securities laws) may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Preferred Stock (or Other Securities) to which such Holder holder shall be entitled on such exercise, in such denominations as may be requested by such Holderholder, 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 current fair market value (as determined in accordance with subsection 1.2good faith by the Board of Directors) 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 I or otherwise.

Appears in 2 contracts

Samples: Warrant Purchase Agreement (Viewlocity Inc), Viewlocity Inc

on Exercise. (a) As soon as practicable after the exercise of this Warrant, Warrant and in any event within three business days five Trading Days thereafter, upon the terms and subject to the conditions of this Warrant, 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 hereofHolder, or as such the Holder (upon payment by such the 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 the Holder shall be entitled on such exercise, in such denominations as may be requested by such the Holder, which certificate or certificates shall be free of restrictive and trading legends (except to the extent permitted under Section 6.12 of the Purchase Agreement), plus, in lieu of any fractional share to which such the 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) 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.full

Appears in 1 contract

Samples: Purchase Agreement (Knightsbridge Fine Wines Inc)

on Exercise. As soon as ------------------------------------------------- practicable after the exercise of this WarrantWarrant in full or in part, and in any event within three business ten (10) 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 holder hereof, or as such Holder holder (upon payment by such Holder 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 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 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 and property (including cash, where applicable) to which such Holder holder is entitled upon such exercise pursuant to Section 1 or otherwise. 3.

Appears in 1 contract

Samples: View Tech Inc

on Exercise. As soon as practicable after the exercise of this WarrantWarrant in full or in part, and in any 42 event within three business 5 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 holder hereof, or as such Holder holder (upon payment by such Holder holder of any applicable transfer taxestransfer, issuance or other tax) 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, in such denominations as may be requested by such Holder, 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 current fair market value of one full share (as determined calculated in accordance with subsection 1.2) of one full sharethe definition set forth in Section 1.4), 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 1 contract

Samples: Meta Group Inc

on Exercise. As soon as ------------------------------------------------ practicable after the exercise of this WarrantWarrant in full or in part, and in any event within three business ten (10) 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 holder hereof, or as such Holder holder (upon payment by such Holder holder of any applicable transfer taxestaxes and, if requested by the Company, demonstration by such holder of compliance with applicable securities laws) 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, in such denominations as may be requested by such Holder, 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 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 and property (including cash, where applicable) to which such Holder holder is entitled upon such exercise pursuant to Section 1 or otherwise.

Appears in 1 contract

Samples: Securities Purchase Agreement (Asymetrix Learning Systems Inc)

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within three business 10 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 hereofHolder, or as such the Holder (upon payment by such the Holder of any applicable transfer taxestaxes and subject to applicable securities laws) may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Series A Preferred Stock (or Other Securities) to which such the Holder shall be entitled on such exercise, in such denominations as may be requested by such the Holder, plus, in lieu of any fractional share to which such the 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) Fair Market Value of one full shareshare of Series A Preferred Stock, 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 2 or otherwise.

Appears in 1 contract

Samples: Viewlocity Inc

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on Exercise. As soon as practicable after the exercise of this WarrantWarrant in full or in part, and in any event within three business 5 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 holder hereof, or as such Holder holder (upon payment by such Holder holder of any applicable transfer taxestransfer, issuance or other tax) 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, in such denominations as may be requested by such Holder, 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 current fair market value of one full share (as determined calculated in accordance with subsection 1.2) of one full sharethe definition set forth in Section 1.4), 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 1 contract

Samples: Meta Group Inc

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within three business 10 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 holder hereof, or as such Holder holder (upon payment by such Holder holder of any applicable transfer taxestaxes and subject to applicable securities laws) may direct, . a certificate or certificates for the number of fully paid and nonassessable shares of Common Preferred Stock (or Other Securities) to which such Holder holder shall be entitled on such exercise, in such denominations as may be requested by such Holderholder, 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 current fair market value (as determined in accordance with subsection 1.2in. good faith by the Board of Directors) 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 I or otherwise.

Appears in 1 contract

Samples: Viewlocity Inc

on Exercise. As soon as practicable after the exercise of this Warrant, and in any event within three business 10 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 holder hereof, or as such Holder holder (upon payment by such Holder holder of any applicable transfer taxestaxes and subject to applicable securities laws) may direct, a certificate or certificates for the number of fully paid and nonassessable shares of Common Preferred Stock (or Other Securities) to which such Holder holder shall be entitled on such exercise, in such denominations as may be requested by such Holderholder, 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 current fair market value (as determined in accordance with subsection 1.2good faith by the Board of Directors) 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 1 contract

Samples: Viewlocity Inc

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