Common use of Issue Warrants Clause in Contracts

Issue Warrants. To issue warrants to purchase Borrower’s capital stock, for such class, series and number, and on such terms, as an officer of Borrower shall deem appropriate. Upon such issuance the requisite number of shares of Borrower’s capital stock will be automatically reserved for the exercise of such Warrants.

Appears in 2 contracts

Sources: Loan and Security Agreement (Imprivata Inc), Loan Modification and Forbearance Agreement (Energy Focus, Inc/De)

Issue Warrants. To issue warrants to purchase Borrower’s capital stock, for such class, series and number, and on such terms, as an officer of Borrower shall deem appropriate. Upon such issuance the requisite number of shares of Borrower’s capital stock will be automatically reserved for the exercise of such Warrantswarrants to purchase stock.

Appears in 1 contract

Sources: Loan Modification Agreement (Imprivata Inc)