Common use of Purchase of Notes and Warrants Clause in Contracts

Purchase of Notes and Warrants. (i) Subject to the satisfaction (or waiver by the party entitled to so waive) of the conditions set forth in Sections 6 and 7 below, on the Closing Date (as defined below), (A) the Company shall issue and sell to the Buyer, and the Buyer agrees to purchase from the Company, one or more Notes with an aggregate principal amount as is set forth opposite the Buyer's name in column (3) on the Buyer Schedule and (B) the Parent shall issue and sell to the Buyer one or more Initial Warrants to acquire up to that number of Warrant Shares as is set forth opposite the Buyer's name in column (4) on the Buyer Schedule (the "Closing").

Appears in 1 contract

Sources: Securities Purchase Agreement (Vasogen Inc)

Purchase of Notes and Warrants. (i) Subject to the satisfaction (or waiver by the party entitled to so waivewaiver) 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), (Ax) the Company shall issue and sell to the Buyer, and the Buyer agrees to purchase from the Company, one or more Notes with an aggregate a principal amount of Notes as is set forth opposite the such Buyer's name in column (3) on the Buyer Schedule of Buyers attached hereto (which aggregate amount for all Buyers shall be $50,000,000) and (By) the Parent shall issue and sell to the Buyer one or more Initial Warrants to acquire up to that number of Warrant Shares as is set forth opposite the such Buyer's name in column (4) on the Buyer Schedule of Buyers (the "Closing").

Appears in 1 contract

Sources: Securities Purchase Agreement (A-Power Energy Generation Systems, Ltd.)

Purchase of Notes and Warrants. (i) Subject to the satisfaction (or waiver by the party entitled to so waivewaiver) 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), (Ax) the Company shall issue and sell to the Buyer, and the Buyer agrees to purchase from the Company, one or more Notes with an aggregate a principal amount of Notes as is set forth opposite the such Buyer's name in column (3) on the Buyer Schedule of Buyers attached hereto (which aggregate amount for all Buyers shall be $40,000,000) and (By) the Parent shall issue and sell to the Buyer one or more Initial Warrants to acquire up to that number of Warrant Shares as is set forth opposite the such Buyer's name in column (4) on the Buyer Schedule of Buyers (the "Closing").

Appears in 1 contract

Sources: Securities Purchase Agreement (A-Power Energy Generation Systems, Ltd.)

Purchase of Notes and Warrants. (i) Subject to the satisfaction (or waiver by the party entitled to so waivewaiver) of the conditions set forth in Sections 6 and 7 below, on the Closing Date (as defined below), (A) the Company shall issue and sell to the each Buyer, and the each Buyer severally, but not jointly, agrees to purchase from the Company, (A) one or more Notes with an aggregate principal amount as is set forth opposite the such Buyer's ’s name in column (3) on the Buyer Schedule of Buyers and (B) the Parent shall issue and sell to the Buyer one or more Initial Warrants to acquire up to that number of Warrant Shares as is set forth opposite the such Buyer's ’s name in column (4) on the Buyer Schedule of Buyers (the "Closing").

Appears in 1 contract

Sources: Securities Purchase Agreement (Telkonet Inc)

Purchase of Notes and Warrants. (i) Subject to the satisfaction (or waiver by the party entitled to so waivewaiver) of the conditions set forth in Sections 6 10 and 7 11 below, on the Closing Date (as defined below), (A) the Company shall issue and sell to the Buyereach Initial Purchaser, and the Buyer each Initial Purchaser severally, but not jointly, agrees to purchase from the CompanyCompany on the Closing Date, one or more Notes with an aggregate (x) a principal amount of Notes as is set forth opposite the Buyersuch Initial Purchaser's name in column (3) on the Buyer Schedule of Purchasers and (Bx) the Parent shall issue and sell to the Buyer one or more Initial Warrants to acquire up to that number of Warrant Shares as is set forth opposite the Buyersuch Initial Purchaser's name in column (4) on the Buyer Schedule of Purchasers (the "ClosingCLOSING").

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Artistdirect Inc)

Purchase of Notes and Warrants. (i) Subject to the satisfaction (or waiver by the party entitled to so waivewaiver) of the conditions set forth in Sections 6 and 7 below, (i) the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, agrees to purchase, as set forth in Section 1(e), from the Company on the Closing Date (as defined below), (A) the Company shall issue and sell to the Buyer, and the Buyer agrees to purchase from the Company, one or more Notes with an aggregate a principal amount of Notes as is set forth opposite the such Buyer's ’s name in column (3) on the Buyer Schedule of Buyers, and (B) the Parent shall issue and sell to the Buyer one or more Initial Warrants to acquire up to that number of Warrant Shares as is set forth opposite the such Buyer's ’s name in column (4) on the Buyer Schedule of Buyers (the "Closing").

Appears in 1 contract

Sources: Securities Purchase Agreement (Stinger Systems, Inc)

Purchase of Notes and Warrants. (i) Subject to the satisfaction (or waiver by the party entitled to so waivewaiver) of the conditions set forth in Sections 6 and 7 below, on the Closing Date (as defined below), (A) the Company shall issue and sell to the each Buyer, and the each Buyer severally, but not jointly, agrees to purchase from the Company, (A) one or more Notes with an aggregate principal amount as is set forth opposite the such Buyer's ’s name in column (3) on the Buyer Schedule of Buyers and (B) the Parent shall issue and sell to the Buyer one or more Initial Warrants to acquire up to that number of Warrant Shares as is set forth opposite the such Buyer's ’s name in column (4) on the Buyer Schedule of Buyers (the "Closing").

Appears in 1 contract

Sources: Securities Purchase Agreement (NGAS Resources Inc)

Purchase of Notes and Warrants. (i) Subject to the satisfaction (or waiver by the party entitled to so waive) of the conditions set forth in Sections 6 and 7 below, on the Closing Date (as defined below), (A) the Company shall issue and sell to the Buyer, and the Buyer agrees to purchase from the Company, one or more Notes with an aggregate principal amount as is set forth opposite the Buyer's name in column (3) on the Buyer Schedule and (B) the Parent shall issue and sell to the Buyer one or more Initial Warrants to acquire up to that number of Warrant Shares as is set forth opposite the Buyer's name in column (4) on the Buyer Schedule (the "Closing").

Appears in 1 contract

Sources: Securities Purchase Agreement (Vasogen Inc)