Common use of Partial Exercise of Warrant Clause in Contracts

Partial Exercise of Warrant. A Warrantholder may subscribe for and purchase any lesser number of Warrant Shares than the number of Warrant Shares to which such holder is entitled upon the exercise of Warrants, in which case the Warrantholder will be entitled to receive a new Series A Warrant Certificate or Series B Warrant Certificate, as applicable, in respect of the Warrant Shares purchasable under the Series A or Series B Warrant Certificate and not then subscribed for and purchased, and the Trustee will issue a new Series A or Series B Warrant Certificate, as applicable, upon surrender of the Series A or Series B Warrant Certificate, if satisfied that the new Series A or Series B Warrant Certificate is properly issuable.

Appears in 4 contracts

Samples: Warrant Indenture (Oragenics Inc), Warrant Indenture (Oragenics Inc), Warrant Indenture (Oragenics Inc)

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Partial Exercise of Warrant. A Warrantholder may subscribe for and purchase any lesser number of Warrant Shares than the number of Warrant Shares to which such holder is entitled upon the exercise of Warrants, in which case the Warrantholder will be entitled to receive a new Series A Warrant Certificate, Series B Warrant Certificate or Series B C Warrant CertificateCertificates, as applicable, in respect of the Warrant Shares purchasable under the Series A A, Series B or Series B C Warrant Certificate and not then subscribed for and purchased, and the Trustee will issue a new Series A A, Series B or Series B C Warrant Certificate, as applicable, upon surrender of the Series A A, Series B or Series B C Warrant Certificate, if satisfied that the new Series A A, Series B or Series B C Warrant Certificate is properly issuable.

Appears in 2 contracts

Samples: Warrant Indenture (Eveolution Ventures Inc), Warrant Indenture (Eveolution Ventures Inc)

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