Example ContractsClauseswithdrawalIdentical
Withdrawal
Withdrawal contract clause examples

Rescission and Withdrawal Right. Notwithstanding anything to the contrary contained in (and without limiting any similar provisions of) any of the other Transaction Documents, whenever any Purchaser exercises a right, election, demand or option under a Transaction Document and the Company does not timely perform its related obligations within the periods therein provided, then such Purchaser may rescind or withdraw, in its sole discretion from time to time upon written notice to the Company, any relevant notice, demand or election in whole or in part without prejudice to its future actions and rights; provided, however, that, in the case of a rescission of an exercise of a Warrant, the applicable Purchaser shall be required to return any shares of Common Stock subject to any such rescinded exercise notice concurrently with the return to such Purchaser of the aggregate exercise price paid to the Company for such shares and the restoration of such Purchaser’s right to acquire such shares pursuant to such Purchaser’s Warrant (including, issuance of a replacement warrant certificate evidencing such restored right).

Peraso Inc. (PRSO) (CIK 0000890394)
Source: SEC EDGAR database • Date: November 30, 2022 • SIC: 3674 • CIK: 3674
ASENSUS SURGICAL, INC. (ASXC) (CIK 0000876378)
Source: SEC EDGAR database • Date: July 28, 2023 • SIC: 3841 • CIK: 3841
Kintara Therapeutics, Inc. (KTRA, DMPWW) (CIK 0001498382)
Source: SEC EDGAR database • Date: September 28, 2021 • SIC: 2834 • CIK: 2834
Genprex, Inc. (GNPX) (CIK 0001595248)
Source: SEC EDGAR database • Date: May 10, 2018 • SIC: 2834 • CIK: 2834
ARCA biopharma, Inc. (ABIO) (CIK 0000907654)
Source: SEC EDGAR database • Date: June 3, 2020 • SIC: 2835 • CIK: 2835
SMITH MICRO SOFTWARE INC (SMSI) (CIK 0000948708)
Source: SEC EDGAR database • Date: March 6, 2018 • SIC: 7372 • CIK: 7372

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