Example ContractsClausescompensation for buy in on failure to timely deliver warrant shares upon exerciseVariants
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Compensation for Buy-In on Failure to Timely Deliver Warrant Shares Upon Exercise. In addition to any other rights available to the Holder, if the Company fails to cause the Company’s transfer agent to transmit to the Holder the Warrant Shares in accordance with the provisions of this Warrant (including but not limited to Section 1(a) above pursuant to an exercise on or before the respective Warrant Share Delivery Date, and if after such date the Holder is required by its broker to purchase (in an open market transaction or otherwise) or the Holder’s brokerage firm otherwise purchases, Common Shares to deliver in satisfaction of a sale by the Holder of the Warrant Shares which the Holder anticipated receiving upon such exercise (a “Buy-In”), then the Company shall # pay in cash to the Holder, within one (1) business day of Holder’s request, the amount, if any, by which # the Holder’s total purchase price (including brokerage commissions, if any) for the Common Shares so purchased exceeds # the product of # the number of Warrant Shares that the Company was required to deliver to the Holder in connection with the exercise at issue times # the price at which the sell order giving rise to such purchase obligation was executed, and # at the option of the Holder, either reinstate the portion of the Warrant and equivalent number of Warrant Shares for which such exercise was not honored (in which case such exercise shall be deemed rescinded) or deliver to the Holder within one (1) business day of Holder’s request the number of Common Shares that would have been issued had the Company timely complied with its exercise and delivery obligations hereunder. For example, if the Holder purchases, or effectuates a cashless exercise hereunder for, Common Shares having a total purchase price of $11,000 to cover a Buy-In with respect to an attempted exercise of Common Shares with an aggregate sale price giving rise to such purchase obligation of $10,000, under clause (A) of the immediately preceding sentence, the Company shall be required to pay the Holder $1,000. The Holder shall provide the Company written notice indicating the amounts payable to the Holder in respect of the Buy-In and, upon request of the Company, evidence of the amount of such loss. Nothing herein shall limit a Holder’s right to pursue any other remedies available to it hereunder, at law or in equity including, without limitation, a decree of specific performance and/or injunctive relief with respect to the Company’s failure to timely deliver Common Shares upon exercise of the Warrant as required pursuant to the terms hereof.

Compensation for Buy-In on Failure to Timely Deliver Warrant Shares Upon Exercise. In addition to any other rights available to the Holder, if the Company fails to cause the Company’s transfer agent to transmit to the Holder the Warrant Shares in accordance with the provisions of this Warrant (including but not limited to Section 1(a) above pursuant to an exercise on or before the respective Warrant Share Delivery Date, and if after such date the Holder is required by its broker to purchase (in an open market transaction or otherwise) or the Holder’s brokerage firm otherwise purchases, shares of Common SharesStock to deliver in satisfaction of a sale by the Holder of the Warrant Shares which the Holder anticipated receiving upon such exercise (a “Buy-In”), then the Company shall # pay in cash to the Holder, within one (1) business day of Holder’s request, the amount, if any, by which # the Holder’s total purchase price (including brokerage commissions, if any) for the shares of Common SharesStock so purchased exceeds # the product of # the number of Warrant Shares that the Company was required to deliver to the Holder in connection with the exercise at issue times # the price at which the sell order giving rise to such purchase obligation was executed, and # at the option of the Holder, either reinstate the portion of the Warrant and equivalent number of Warrant Shares for which such exercise was not honored (in which case such exercise shall be deemed rescinded) or deliver to the Holder within one (1) business day of Holder’s request the number of shares of Common SharesStock that would have been issued had the Company timely complied with its exercise and delivery obligations hereunder. For example, if the Holder purchases, or effectuates a cashless exercise hereunder for, Common SharesStock having a total purchase price of $11,000 to cover a Buy-In with respect to an attempted exercise of shares of Common SharesStock with an aggregate sale price giving rise to such purchase obligation of $10,000, under clause (A) of the immediately preceding sentence, the Company shall be required to pay the Holder $1,000. The Holder shall provide the Company written notice indicating the amounts payable to the Holder in respect of the Buy-In and, upon request of the Company, evidence of the amount of such loss. Nothing herein shall limit a Holder’s right to pursue any other remedies available to it hereunder, at law or in equity including, without limitation, a decree of specific performance and/or injunctive relief with respect to the Company’s failure to timely deliver shares of Common SharesStock upon exercise of the Warrant as required pursuant to the terms hereof.

Compensation for Buy-In on Failure to Timely Deliver Warrant Shares Upon Exercise. In addition to any other rights available to the Holder, if the Company fails to cause the Company’s transfer agentTransfer Agent to transmit to the Holder the Warrant Shares in accordance with the provisions of this Warrant (including but not limited to Section 1(a)2(e)(i) above pursuant to an exercise on or before the respective Warrant Share Delivery Date, and if after such date the Holder is required by its broker to purchase (in an open market transaction or otherwise) or the Holder’s brokerage firm otherwise purchases, shares of Common SharesStock to deliver in satisfaction of a sale by the Holder of the Warrant Shares which the Holder anticipated receiving upon such exercise (a “Buy-In”), then the Company shall # pay in cash to the Holder, within one (1) business day of Holder’s request,Holder the amount, if any, by which # the Holder’s total purchase price (including brokerage commissions, if any) for the shares of Common SharesStock so purchased exceeds # the product ofamount obtained by multiplying # the number of Warrant Shares that the Company was required to deliver to the Holder in connection with the exercise at issue times # the price at which the sell order giving rise to such purchase obligation was executed, and # at the option of the Holder, either reinstate the portion of the Warrant and equivalent number of Warrant Shares for which such exercise was not honored (in which case such exercise shall be deemed rescinded) or deliver to the Holder within one (1) business day of Holder’s request the number of shares of Common SharesStock that would have been issued had the Company timely complied with its exercise and delivery obligations hereunder. For example, if the Holder purchases, or effectuates a cashless exercise hereunder for,purchases Common SharesStock having a total purchase price of $11,000 to cover a Buy-In with respect to an attempted exercise of shares of Common SharesStock with an aggregate sale price giving rise to such purchase obligation of $10,000, under clause (A) of the immediately preceding sentence,sentence the Company shall be required to pay the Holder $1,000. The Holder shall provide the Company written notice indicating the amounts payable to the Holder in respect of the Buy-In and, upon request of the Company, evidence of the amount of such loss. Nothing herein shall limit a Holder’s right to pursue any other remedies available to it hereunder, at law or in equity including, without limitation, a decree of specific performance and/or injunctive relief with respect to the Company’s failure to timely deliver shares of Common SharesStock upon exercise of the Warrant as required pursuant to the terms hereof.

Compensation for Buy-In on Failure to Timely Deliver Warrant Shares Upon Exercise. In addition to any other rights available to the Holder, if the Company fails to cause the Company’s transfer agentTransfer Agent to transmit to the Holder the Warrant Shares in accordance with the provisions of this Warrant (including but not limited to Section 1(a)2(d)(i) above pursuant to an exercise on or before the respective Warrant Share Delivery Date, and if after such date the Holder is required by its broker to purchase (in an open market transaction or otherwise) or the Holder’s brokerage firm otherwise purchases, shares of Common SharesStock to deliver in satisfaction of a sale by the Holder of the Warrant Shares which the Holder anticipated receiving upon such exercise (a “Buy-In”), then the Company shall # pay in cash to the Holder, within one (1) business day of Holder’s request,Holder the amount, if any, by which # the Holder’s total purchase price (including brokerage commissions, if any) for the shares of Common SharesStock so purchased exceeds # the product ofamount obtained by multiplying # the number of Warrant Shares that the Company was required to deliver to the Holder in connection with the exercise at issue times # the price at which the sell order giving rise to such purchase obligation was executed, and # at the option of the Holder, either reinstate the portion of the Warrant and equivalent number of Warrant Shares for which such exercise was not honored (in which case such exercise shall be deemed rescinded) or deliver to the Holder within one (1) business day of Holder’s request the number of shares of Common SharesStock that would have been issued had the Company timely complied with its exercise and delivery obligations hereunder. For example, if the Holder purchases, or effectuates a cashless exercise hereunder for,purchases Common SharesStock having a total purchase price of $11,000 to cover a Buy-In with respect to an attempted exercise of shares of Common SharesStock with an aggregate sale price giving rise to such purchase obligation of $10,000, under clause (A) of the immediately preceding sentence,sentence the Company shall be required to pay the Holder $1,000. The Holder shall provide the Company written notice indicating the amounts payable to the Holder in respect of the Buy-In and, upon request of the Company, evidence of the amount of such loss. Nothing herein shall limit a Holder’s right to pursue any other remedies available to it hereunder, at law or in equity including, without limitation, a decree of specific performance and/or injunctive relief with respect to the Company’s failure to timely deliver shares of Common SharesStock upon exercise of the Warrant as required pursuant to the terms hereof.

Compensation for Buy-In on Failure to Timely Deliver Warrant SharesCertificates Upon Exercise. In addition to any other rights available to the Holder, if the Company fails to cause the Company’s transfer agentTransfer Agent to transmit to the Holder a certificate or the certificates representing the Warrant Shares in accordance with the provisions of this Warrant (including but not limited to Section 1(a) above pursuant to an exercise on or before the respective Warrant Share Delivery Date, and if after such date the Holder is required by its broker to purchase (in an open market transaction or otherwise) or the Holder’s brokerage firm otherwise purchases, shares of Common SharesStock to deliver in satisfaction of a sale by the Holder of the Warrant Shares which the Holder anticipated receiving upon such exercise (a “Buy-In”), then the Company shall # pay in cash to the Holder, within one (1) business day of Holder’s request,Holder the amount, if any, by which # the Holder’s total purchase price (including brokerage commissions, if any) for the shares of Common SharesStock so purchased exceeds # the product ofamount obtained by multiplying # the number of Warrant Shares that the Company was required to deliver to the Holder in connection with the exercise at issue times # the price at which the sell order giving rise to such purchase obligation was executed, and # at the option of the Holder, either reinstate the portion of the Warrant and equivalent number of Warrant Shares for which such exercise was not honored (in which case such exercise shall be deemed rescinded) or deliver to the Holder within one (1) business day of Holder’s request the number of shares of Common SharesStock that would have been issued had the Company timely complied with its exercise and delivery obligations hereunder. For example, if the Holder purchases, or effectuates a cashless exercise hereunder for,purchases Common SharesStock having a total purchase price of $11,000 to cover a Buy-In with respect to an attempted exercise of shares of Common SharesStock with an aggregate sale price giving rise to such purchase obligation of $10,000, under clause (A) of the immediately preceding sentence,sentence the Company shall be required to pay the Holder $1,000. The Holder shall provide the Company written notice indicating the amounts payable to the Holder in respect of the Buy-In and, upon request of the Company, evidence of the amount of such loss. Nothing herein shall limit a Holder’s right to pursue any other remedies available to it hereunder, at law or in equity including, without limitation, a decree of specific performance and/or injunctive relief with respect to the Company’s failure to timely deliver certificates representing shares of Common SharesStock upon exercise of the Warrant as required pursuant to the terms hereof.

Compensation for Buy-In on Failure to Timely Deliver Warrant Shares Upon Exercise. In addition to any other rights available to the Holder, if the Company fails to cause the Company’s transfer agent to transmitdeliver to the Holder the Warrant Shares in accordance with the provisions ofas required pursuant to this Warrant (including but not limited to Section 1(a) above pursuant to an exerciseand such Holder, or a broker on or before the respective Warrant Share Delivery Date, and if after such date the Holder is required by its broker to purchaseHolder’s behalf, purchases (in an open market transaction or otherwise) or the Holder’s brokerage firm otherwise purchases,shares of Common SharesStock to deliver in satisfaction of a sale by thesuch Holder of the Warrant Shares whichthat such Holder was entitled to receive from the Holder anticipated receiving upon such exerciseCompany (a “Buy-In”), then the Company shall #promptly pay in cash to such Holder (in addition to any remedies available to or elected by such Holder) the Holder, within one (1) business day of Holder’s request, the amount, if any,amount by which # thesuch Holder’s total purchase price (including brokerage commissions, if any) for the shares of Common SharesStock so purchased exceeds # the product of # the number of Warrant Shares that the Company was required to deliver to the Holder in connection with the exercise at issue times # theaggregate purchase price at which the sell order giving rise to such purchase obligation was executed, and # at the option of the Holder, either reinstate the portion of the Warrant and equivalent number of Warrant Shares delivered to the Company for which such exercise was not honored (in which case such exerciseissuance (which amount shall be deemed rescinded) or deliver to the Holder within one (1) business day of Holder’s request the number of Common Shares that would have been issued had the Company timely complied with its exercisepaid as liquidated damages and delivery obligations hereunder.not as a penalty). For example, if thea Holder purchases, or effectuates a cashless exercise hereunder for,purchases shares of Common SharesStock having a total purchase price of $11,000 to cover a Buy-In with respect to an attempted exercise of CommonWarrant Shares withdelivered to the Company for issuance having an aggregate salepurchase price giving rise to such purchase obligation of $10,000, under clause (A) of the immediately preceding sentence, the Company shall be required to pay the Holder $1,000.000, plus interest. The Holder shall provide the Company written notice indicating the amounts payable to the Holder in respect of the Buy-In and, upon requestIn. For purposes hereof, the “purchase price” of a # share of Common Stock shall be ​ per share, and # Warrant Share shall be the Company, evidence of the amount of such loss. Nothing herein shall limit a Holder’s right to pursue any other remedies available to it hereunder, at law or in equity including, without limitation, a decree of specific performance and/or injunctive relief with respect to the Company’s failure to timely deliver Common Shares upon exercise of the Warrant as required pursuant to the terms hereof.Exercise Price.

Compensation for Buy-In on Failure to Timely Deliver Warrant SharesCertificates Upon Exercise. In addition to any other rights available to the Holder,New Purchaser, if the Company fails to cause the Company’s transfer agentTransfer Agent to transmit to the HolderNew Purchaser a certificate or the certificates representing the Warrant Shares in accordance with the provisions of this Warrant (including but not limited to Section 1(a) above pursuant to an exercise on or before the respective Warrant Share Delivery Date, and if after such date the HolderNew Purchaser is required by its broker to purchase (in an open market transaction or otherwise) or the Holder’New Purchaser’s brokerage firm otherwise purchases, shares of Common SharesStock to deliver in satisfaction of a sale by the HolderNew Purchaser of the Warrant Shares which the HolderNew Purchaser anticipated receiving upon such exercise (a “Buy-In”), then the Company shall # pay in cash to the Holder, within one (1) business day of Holder’s request,New Purchaser the amount, if any, by which # the Holder’New Purchaser’s total purchase price (including brokerage commissions, if any) for the shares of Common SharesStock so purchased exceeds # the product ofamount obtained by multiplying # the number of Warrant Shares that the Company was required to deliver to the HolderNew Purchaser in connection with the exercise at issue times # the price at which the sell order giving rise to such purchase obligation was executed, and # at the option of the Holder,New Purchaser, either reinstate the portion of the Warrant and equivalent number of Warrant Shares for which such exercise was not honored (in which case such exercise shall be deemed rescinded) or deliver to the Holder within one (1) business day of Holder’s requestNew Purchaser the number of shares of Common SharesStock that would have been issued had the Company timely complied with its exercise and delivery obligations hereunder. For example, if the Holder purchases, or effectuates a cashless exercise hereunder for,New Purchaser purchases Common SharesStock having a total purchase price of $11,000 to cover a Buy-In with respect to an attempted exercise of shares of Common SharesStock with an aggregate sale price giving rise to such purchase obligation of $10,000, under clause (A) of the immediately preceding sentence,sentence the Company shall be required to pay the HolderNew Purchaser $1,000. The HolderNew Purchaser shall provide the Company written notice indicating the amounts payable to the HolderNew Purchaser in respect of the Buy-In and, upon request of the Company, evidence of the amount of such loss. Nothing herein shall limit a Holder’New Purchaser’s right to pursue any other remedies available to it hereunder, at law or in equity including, without limitation, a decree of specific performance and/or injunctive relief with respect to the Company’s failure to timely deliver certificates representing shares of Common SharesStock upon exercise of the Warrant as required pursuant to the terms hereof.

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