Common use of Class A Warrants Clause in Contracts

Class A Warrants. On the Closing Date, the Company will issue and deliver Class A Warrants to the Subscribers. One Class A Warrant will be issued for each $0.75 of Purchase Price paid by a Subscriber on a Closing Date. The exercise price to acquire a Warrant Share upon exercise of a Class A Warrant shall be $0.50, subject to reduction as described in the Class A Warrant. The Class A Warrants shall be exercisable until three years after the Closing Date.

Appears in 3 contracts

Sources: Subscription Agreement (Valcent Products Inc.), Subscription Agreement (Valcent Products Inc.), Subscription Agreement (Valcent Products Inc.)

Class A Warrants. On the Closing Date, the Company will issue and deliver Class A Warrants to the Subscribers. One Class A Warrant will be issued for each $0.75 of Purchase Price paid by a Subscriber on a Closing Date. The exercise price to acquire a Warrant Share upon exercise of a Class A Warrant shall be $0.50, subject to reduction as described in the Class A Warrant. The Class A Warrants shall be exercisable until three years after the Closing Date.. (Subscription Agreement)

Appears in 1 contract

Sources: Subscription Agreement (Valcent Products Inc.)

Class A Warrants. On the Closing Date, the Company will issue and deliver Class A Warrants to the Subscriberseach Subscriber. One Class A Warrant will be issued for each $0.75 of Purchase Price paid by a Subscriber Share issued on a the Closing Date. The exercise price to acquire a Warrant Share upon exercise of a Class A Warrant shall be $0.50, subject to reduction as described in the Class A Warrant0.60. The Class A Warrants shall be exercisable until three five years after the Closing Dateissue date of the Class A Warrants.

Appears in 1 contract

Sources: Subscription Agreement (Car Charging Group, Inc.)

Class A Warrants. On the Closing Date, the Company will issue and deliver Class A Warrants to the Subscriberseach Subscriber. One Two Class A Warrant Warrants will be issued for each $0.75 Share which would be issued on the Closing Date assuming the complete conversion of Purchase Price paid by a Subscriber the Note on a the Closing DateDate at the Conversion Price. The exercise price to acquire a Warrant Share upon exercise of a Class A Warrant shall be $0.50, subject to reduction as described in the Class A Warrant0.45. The Class A Warrants shall be exercisable until three five years after the Closing Dateissue date of the Class A Warrants.

Appears in 1 contract

Sources: Subscription Agreement (Medical Alarm Concepts Holdings Inc)