Redemption of Warrant Sample Clauses

Redemption of Warrant. The Warrants may be redeemed by the Company ---------------------- at any time on 30 day's written notice to the Holder at the last address therefor as it shall appear upon the Warrant Register at a price of $0.01 per Warrant commencing immediately after the Registration Date provided that the average closing bid price per share of Common Stock for the 30 trading days ending five days prior to the date of the redemption notice of the Warrants is at least $4.00 per share.
AutoNDA by SimpleDocs
Redemption of Warrant. Commencing at any time after the date on which after the Common Stock closing bid price reported by Bloomberg LP remains at an amount $0.752 per share (as adjusted for forward or reverse stock splits, stock dividends or other similar proportionately-applied change) for at least twenty (20) consecutive Trading Days (the “Call Condition”), the Company shall have the right, upon sixty (60) days’ notice to the Holder given not later than thirty (30) Trading Days after the date on which the Call Condition is satisfied (the “Redemption Notice”) to redeem the number of Warrant Shares specified in the Redemption Notice, less any amount previously exercised, at a price of $0.01 per Warrant Share (the “Redemption Price”), on the date set forth in the Redemption Notice, but in no event earlier than sixty (60) days following the date of the receipt by the Holder of the Redemption Notice (the “Redemption Date”). The Redemption Notice shall be provided to the Holder promptly and in all events within five (5) Trading Days after Company announces its intention to exercise its redemptions rights under this section. The Holder may exercise this Warrant at any time (in whole or in part) prior to the Redemption Date. Any portion of this Warrant that is subject to the Call Condition which is not exercised by 5:30 p.m. (Eastern time) on the Redemption Date shall no longer be exercisable and shall be returned to the Company (and, if not so returned, shall automatically be deemed canceled), and the Company, upon its receipt of the unexercised portion of this Warrant, shall issue therefore in full and complete satisfaction of its obligations under such called but unexercised portion of this Warrant to the Holder an amount equal to the number of shares of Common Stock called but remaining unexercised multiplied by the Redemption Price. The Redemption Price shall be mailed to such Holder at its address of record, and the Warrant shall be canceled. 2 Represents 3x the conversion price of $0.25
Redemption of Warrant. The Company may redeem all or any portion of this Warrant outstanding and unexercised at a redemption price of $.01 for each Share purchasable upon exercise hereof at the time of such redemption; provided that:
Redemption of Warrant i. Not less than all of the outstanding Warrants may be redeemed, at the option of the Company, at any time while they are exercisable and prior to their expiration upon notice to the Holders of the Warrants, as described in Section 2(f)(iii) below, at the price of $[●] per share, a price equal to three times $[●] (as adjusted pursuant to Section 3(a) hereof for share splits, share dividends, recapitalizations and similar events); provided, however, that if and when the Company elects to redeem the Warrants, the Company may not exercise such redemption right if the issuance of Ordinary Shares upon exercise of the Warrants is not exempt from registration or qualification under applicable state blue sky laws or the Company is unable to effect such registration or qualification.
Redemption of Warrant. 7.1 Commencing on the date which is six months after the Effective Date, Redemption Date, the Company may, on 30 days' prior written notice, redeem all the Warrants at ten cents ($.10) per Warrant, PROVIDED, HOWEVER, that before any such call for redemption of Warrants can take place, the average closing bid price for the Common Stock as reported by the Over-the-Counter Electronic Bulletin Board maintained by the NASD, if the Common Stock is not then traded on any national securities exchange shall have equaled or exceeded $9.00 per share for any twenty (20) trading days prior to the date on which the notice contemplated by (b) and (c) below is given (subject to adjustment in the event of any stock splits or other similar events as provided in Section 9 hereof).
Redemption of Warrant. Each Warrant is subject to redemption by the Corporation as provided in this Section 8.
Redemption of Warrant. So long as there is no Equity Conditions Failure, this Warrant may be redeemed, in whole or in part, at the option of the Company, at any time after it becomes exercisable and prior to its expiration, at the office of the Company upon the notice referred to in Section 9 hereof, at the price equal to 130% of the Exercise Price (the “Redemption Price”).
AutoNDA by SimpleDocs
Redemption of Warrant. Notwithstanding anything contained herein to the contrary, the Warrant cannot be redeemed by the Company under any circumstances, without the prior written consent of the Holder.
Redemption of Warrant. This Warrant may be redeemed, at the option of the Company, at any time after it becomes exercisable and prior to its expiration, at the office of the Company upon the notice referred to in Section 9 hereof, at the price equal to 130% of the Exercise Price (the “Redemption Price”).
Redemption of Warrant. (i) If at any time beginning 180 calendar days after the Commencement Date the closing bid price per share of the Common Stock shall exceed 200% of the Exercise Price for a period of thirty (30) consecutive Trading Days (as defined below) ending no more than five (5) days prior to the date fixed for redemption pursuant to paragraph (d)(ii) hereof, the Company, at its option, may redeem the Warrant at a price of $.10 per Warrant (the "Redemption Price").
Time is Money Join Law Insider Premium to draft better contracts faster.