Common use of Debentures and Warrants Clause in Contracts

Debentures and Warrants. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, agrees to purchase from the Company on the Closing Date (as defined below), a principal amount of Debentures as is set forth opposite such Buyer's name in column (3) on the Schedule of Buyers, along with Warrants to acquire that number of Warrant Shares set forth opposite such Buyer's name in column (4) on the Schedule of Buyers (the "Closing").

Appears in 1 contract

Sources: Securities Purchase Agreement (Millennium Cell Inc)

Debentures and Warrants. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, agrees to shall purchase from the Company on the Closing Date (as defined below), a Debenture in the original principal amount of Debentures as is set forth opposite such Buyer's ’s name in column (3) on the Schedule of Buyers, Buyers along with Warrants to initially acquire that up to the aggregate number of Warrant Shares as is set forth opposite such Buyer's ’s name in column (4) on the Schedule of Buyers (the "Closing")Buyers.

Appears in 1 contract

Sources: Securities Purchase Agreement (Stereotaxis, Inc.)