Exercise of Existing Warrants. Holder hereby agrees, as indicated on the signature page hereto, to exercise its Existing Warrants for a cash exercise payment pursuant to the terms of the Existing Warrants. The number of Warrant Shares (as defined below) purchased and the aggregate exercise price are set forth on the Holder’s signature page hereto. Within one (1) Trading Day of the date hereof, the Holder shall deliver the aggregate cash exercise price for such Existing Warrants to the wire instructions set forth on the Company’s signature page hereto and within one (1) Trading Day of receipt by the Company of such aggregate cash exercise price, the Company shall deliver the Warrant Shares to the Holder’s DTC account via the DWAC system. The exercise of the Existing Warrants shall otherwise be pursuant to, and subject to the terms of, the Existing Warrants. The date of the closing of the exercise of the Existing Warrants and other transactions contemplated hereunder shall be referred to as the “Closing”.
Exercise of Existing Warrants. Holder hereby agrees to exercise all of such Holder’s Existing Warrants (except to the extent indicated on the signature page hereto) at an exercise price of $0.10 per share, otherwise pursuant to the terms of the Existing Warrants. At the Closing (as defined below), the Holder shall deliver the aggregate cash exercise price for such Existing Warrants to the bank account designated in writing by the Company. This Agreement shall act as a duly executed Notice of Exercise and no additional notice shall be required by the Holder for the exercise of the Existing Warrants. At the Closing, the Company shall deliver to the Holder the shares underlying the Existing Warrants (the “Existing Warrant Shares”) via DRS as set forth on the Holder’s signature page hereto. Such Existing Warrant Shares shall be subject to an effective registration statement registering the sale or resale, as the case may be, of such Existing Warrant Shares.
Exercise of Existing Warrants. Each Holder hereby agrees, severally and not jointly with the other Holders, to exercise the number of such Holder’s Existing Warrants set forth on Schedule B hereto, at an exercise price of $0.005 per share, for aggregate cash proceeds to the Company from all Holders equal to $56,000, otherwise pursuant to the terms of the Existing Warrants. The cash exercise price to be paid by each Holder for such Existing Warrants shall be referred to as such Holder’s “Exercise Amount”. Each Holder shall execute and deliver such Holder’s Exercise Amount to the bank account designated in writing by the Company set forth on Schedule C attached hereto; provided, however, that a Holder shall not be required to exercise such certain portion of its Existing Warrant to the extent that Section 2(d) of the Existing Warrants is violated by the resulting Common Stock issuance of such certain portion.
Exercise of Existing Warrants. The Purchasers hereby acknowledge and agree, that upon the Closing, to exercise their Existing Warrants, at an effective exercise price of $0.05 per share, for an aggregate exercise price of $115,198.90, provided that the registration statement registering the resale of the Warrant Shares is then effective (and effective for the foreseeable future) and available for use by the Purchaser.
Exercise of Existing Warrants. The Holder hereby agrees to exercise all of such Holder’s Existing Warrants at an exercise price of $0.10 per share, otherwise pursuant to the terms of the Existing Warrants. At the Closing (as defined below), the Holder shall deliver the aggregate cash exercise price for such Existing Warrants to the bank account designated in writing by the Company. This Agreement shall act as a duly executed Notice of Exercise and no additional notice shall be required by the Holder for the exercise of the Existing Warrants. At the Closing, the Company shall issue to the Holder the shares underlying the Existing Warrants (the “Existing Warrant Shares”) registered in the name and address set forth on the Holder’s signature page hereto.
Exercise of Existing Warrants. The Optionor further agrees: (i) immediately after the closing of the Share Sale, to utilize a minimum of two hundred fifty thousand dollars ($250,000) from the proceeds of the Share Sale to exercise five million (5,000,000) of the Existing Warrants at an exercise price of $0.05 per Existing Warrant share; and (ii) upon the date that the next payment of fifty thousand dollars ($50,000) is due to be paid by Optionee to Optionor under the Vanderbilt Purchase Agreement, Optionor shall utilize such $50,000 to exercise one million (1,000,000) of the Existing Warrants at an exercise price of $0.05 per Existing Warrant share, and hereby expressly acknowledges that such payment will go toward the purchase price as provided for in the Vanderbilt Purchase Agreement.
Exercise of Existing Warrants. Each Purchaser hereby agrees, severally and not jointly with the other Purchasers, to exercise that number of the Existing Warrants at the Aggregate Cash Exercise Amount as set forth on the signature pages hereto within two Business Days of notice from the Company that the Certificate of Designation has been filed with the Delaware Secretary of State. Each Purchaser’s Aggregate Cash Exercise Amount shall be delivered to Synergy Law Group as escrow agent (the “Escrow Agent”), per the wire instructions set forth below: [Intentionally Omitted]
Exercise of Existing Warrants. Purchaser hereby agrees to exercise all of such Purchaser's Existing Warrants at an exercise price of $0.25 per share, for aggregate cash proceeds to the Company of $1,475,000, and otherwise pursuant to the terms of the Existing Warrants. Purchaser shall execute and deliver the aggregate cash exercise price for such Existing Warrants to the bank account designated in writing by the Company.
Exercise of Existing Warrants. Each Holder hereby agrees, severally and not jointly with the other Holders, to exercise the number of such Holder’s Existing Warrants set forth on Schedule B hereto, at an exercise price of $0.015 per share, for aggregate cash proceeds to the
Exercise of Existing Warrants. Each Purchaser hereby agrees, severally and not jointly with the other Purchasers, to exercise in full such Purchaser’s Existing Warrants for cash pursuant to the terms of the Existing Warrants, and each Purchaser shall execute and deliver a Notice of Exercise in substantially the form attached to the Existing Warrants to the Company contemporaneously with the execution and delivery of this Agreement; provided, however, that a Purchaser shall not be required to exercise such certain portion of its Existing Warrant to the extent that Section 2(d)(i) of the Existing Warrant is violated by the resulting common stock issuance of such certain portion (a “Capped Exercise”). In the event of a Capped Exercise, such Purchaser shall be obligated to exercise the unexercised portion of its Existing Warrant on the 75th day thereafter (and each 75th day thereafter) to the extent Section 2(d)(i) of the Existing Warrant is not violated until all Existing Warrants have been exercised.
