Common use of Automatic Exercise Clause in Contracts

Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to expiration of this Warrant pursuant to Section 8, then this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b) effective immediately prior to the expiration of the Warrant to the extent such net issue exercise would result in the issuance of Shares, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 22 contracts

Samples: Agreement and Plan of Share Exchange (Chess Supersite Corp), CalciMedica, Inc. /DE/, Tenon Medical, Inc.

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Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to expiration of this Warrant pursuant to Section 88(b), then this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b) effective immediately prior to the expiration of the Warrant to the extent such net issue exercise would result in the issuance of Shares, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 4 contracts

Samples: Series D Purchase Agreement (NanoString Technologies Inc), Series D Purchase Agreement (NanoString Technologies Inc), Series D Purchase Agreement (NanoString Technologies Inc)

Automatic Exercise. If Notwithstanding any provisions herein to the contrary, if the Holder of this Warrant has not elected to exercise this Warrant prior to expiration of this Warrant pursuant to Section 8, then this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b) 2.1 effective immediately prior to the expiration of the Warrant to the extent such net issue exercise would result in the issuance of Shares, Exercise Shares unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 3 contracts

Samples: www.sec.gov, Horizon Pharma, Inc., Horizon Pharma, Inc.

Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to expiration of this Warrant pursuant to Section 8the Expiration Date, then this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b) 1.1.2 effective immediately prior to the expiration of the Warrant to the extent such net issue exercise would result in the issuance of Shares, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 3 contracts

Samples: Settlement, Release and Cross License Agreement (Juniper Networks Inc), Settlement, Release and Cross License Agreement (Palo Alto Networks Inc), Palo Alto Networks Inc

Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to the expiration of this Warrant pursuant to Section 87(b), then this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b) effective immediately prior to the expiration of the Warrant to the extent such net issue exercise would result in the issuance of Shares, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder Holder, as a condition to the receipt of Shares so issued, shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 2 contracts

Samples: Actividentity Corp, Actividentity Corp

Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to the expiration of this Warrant pursuant to Section 8Warrant, then (a) this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b) exercised, effective immediately immediately, prior to the expiration of the Warrant Warrant, and (b) the Holder, to the extent such net issue necessary to exercise would result in the issuance of Shares, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercisedpursuant to this Section 5, shall be deemed to have elected for the Equity Securities to be Common Equity Interests. If this Warrant is automatically exercisedexercised pursuant to this Section 5, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereofCompany.

Appears in 2 contracts

Samples: Grow Ny Warrant Agreement, Grow Ny Warrant Agreement

Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to expiration of this Warrant pursuant to Section 8, then this Warrant shall automatically (automatically, without any act on the part of the Holder) , be exercised pursuant to Section 2(b) effective immediately prior to the expiration of the Warrant to the extent such net issue exercise would result in the issuance of Shares, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 2 contracts

Samples: Powin Corp, Powin Corp

Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to expiration of this Warrant pursuant to Section 83 or upon the end of the Exercise Period, then this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b) 5 effective immediately prior to the expiration of the Warrant to the extent such net issue exercise would result in the issuance of Sharesthe Common Stock, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 2 contracts

Samples: Security Agreement (Universal Security Instruments Inc), Greenidge Generation Holdings Inc.

Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to expiration of this Warrant pursuant to Section 88 and either a Qualified Financing or an Optional Conversion has occurred, then this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b) effective immediately prior to the expiration of the Warrant to the extent such net issue exercise would result in the issuance of Shares, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 2 contracts

Samples: Cancer Prevention Pharmaceuticals, Inc., Cancer Prevention Pharmaceuticals, Inc.

Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to expiration of this Warrant pursuant to Section 87, then this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b) 2.2 effective immediately prior to the expiration of the Warrant to the extent such net issue exercise would result in the issuance of Exercise Shares, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 2 contracts

Samples: Progyny, Inc., Progyny, Inc.

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Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to expiration of this Warrant pursuant to Section 89, then this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b) effective immediately prior to the expiration of the Warrant to the extent such net issue exercise would result in the issuance of Shares, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 1 contract

Samples: Constellation Alpha Capital Corp.

Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to expiration of this Warrant pursuant to Section 810, then this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b3(b) effective immediately prior to the expiration of the Warrant to the extent such net issue exercise would result in the issuance of SharesSecurities, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 1 contract

Samples: Winc, Inc.

Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to expiration of this Warrant pursuant to Section 81, then this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b11(a) effective immediately prior to the expiration of the Warrant to the extent such net issue exercise would result in the issuance of Converted Warrant Shares, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 1 contract

Samples: Verisilicon Holdings Co LTD

Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to expiration of this Warrant pursuant to Section 8the Expiration Time, then this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b) effective immediately prior to the expiration of the Warrant to the extent such net issue exercise would result in the issuance of Shares, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 1 contract

Samples: Warrant Consent and Conversion Agreement (GP Investments Acquisition Corp.)

Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to expiration of this Warrant pursuant to Section 88 hereof, then this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b) hereof effective immediately prior to the expiration of the Warrant to the extent such net issue exercise would result in the issuance of Shares, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 1 contract

Samples: Wageworks, Inc.

Automatic Exercise. If the Holder of this Warrant has not elected to exercise this Warrant prior to expiration of this Warrant pursuant to Section 82, then this Warrant shall automatically (without any act on the part of the Holder) be exercised pursuant to Section 2(b) 4(a), effective immediately prior to the expiration of the Warrant Warrant, to the extent such net issue exercise would result in the issuance of Sharesshares of capital stock of the Company, unless Holder shall earlier provide written notice to the Company that the Holder desires that this Warrant expire unexercised. If this Warrant is automatically exercised, the Company shall notify the Holder of the automatic exercise as soon as reasonably practicable, and the Holder shall surrender the Warrant to the Company in accordance with the terms hereof.

Appears in 1 contract

Samples: Purchase Agreement (Asante Solutions, Inc.)

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