Common use of Automatic Exercise Clause in Contracts

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before: (i) its expiration or (ii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s assets or shares pursuant to Section 2(c).

Appears in 2 contracts

Samples: Preferred Stock Warrant (Aldagen Inc), Preferred Stock Warrant (Aldagen Inc)

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Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before: (i) its expiration or (ii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s a company's assets or shares pursuant to Section 2(c2(b).

Appears in 2 contracts

Samples: Intuitive Surgical Inc, Virologic Inc

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before: (i) its expiration or (ii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s a company's assets or shares pursuant to Section 2(c2(b).

Appears in 1 contract

Samples: Coulter Pharmaceuticals Inc

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before: (i) its expiration expiration, or (ii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s 's assets or shares stock pursuant to Section 2(c2(b).

Appears in 1 contract

Samples: Altus Pharmaceuticals Inc.

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b3(6) and 3(c) hereof (even if not surrendered) immediately before: (i) its expiration expiration, or (ii) the closing of an Initial Public Offering pursuant to Section 2(b), or (iii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s assets or shares pursuant to Section 2(c).

Appears in 1 contract

Samples: Fibrogen Inc

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before: (i) its expiration expiration, or (ii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s a company's assets or shares pursuant to Section 2(c2(b).

Appears in 1 contract

Samples: Introbiotics Phamaceuticals Inc

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before: (i) its expiration expiration, or (ii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s 's assets or shares stock pursuant to Section 2(c2(b).

Appears in 1 contract

Samples: Master Loan and Security Agreement (Cellomics Inc)

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b3)b) and 3(c) hereof (even if not surrendered) immediately before: (i) its expiration or (ii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s a company's assets or shares pursuant to Section 2(c).

Appears in 1 contract

Samples: Introbiotics Phamaceuticals Inc

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before: (i) its expiration or (ii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s 's assets or shares pursuant to Section 2(c2(b).

Appears in 1 contract

Samples: Xcyte Therapies Inc

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before: (i) its expiration expiration, or (ii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s 's assets or shares pursuant to Section 2(c).

Appears in 1 contract

Samples: LJL Biosystems Inc

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Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before: (i) its expiration or (ii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority all or substantially all of the Company’s 's assets or shares pursuant to Section 2(c2(b).

Appears in 1 contract

Samples: Deltagen Inc

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before: (i) its expiration expiration, or (ii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s assets or shares stock pursuant to Section 2(b) and 2(c).

Appears in 1 contract

Samples: Phenomix CORP

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before: ; (i) its expiration expiration, (ii) the consummation of a Public Offering of the Company's Common Stock pursuant to Section 2(b), or (iiiii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s a company's assets or shares pursuant to Section 2(c).

Appears in 1 contract

Samples: Argonaut Technologies Inc

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before: (i) its expiration expiration, or (ii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of the Companya company’s assets or shares pursuant to Section 2(c2(b).

Appears in 1 contract

Samples: Fibrogen Inc

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before: (i) its expiration expiration, or (ii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s 's assets or shares pursuant to Section 2(c2(b).

Appears in 1 contract

Samples: LJL Biosystems Inc

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