Common use of the Warrant Price Clause in Contracts

the Warrant Price. The closing of the purchase of the Securities shall take place on the date set forth in the Purchase Notice, which date shall be not less than fifteen (15) not more than forty-five (45) days after the date of the Purchase Notice. At the closing, the Company shall deliver to each Securityholder, in cash, the purchase price for the Securities surrendered by such Securityholder.

Appears in 2 contracts

Sources: Warrant Agreement (Phoenix Network Inc), Loan and Security Agreement (QMS Inc)

the Warrant Price. The closing of the purchase of the Securities shall take place on the date set forth in the Purchase Notice, which date shall be not less than fifteen (15) not nor more than forty-five (45) days after the date of the Purchase Notice. At the closing, the Company shall deliver to each Securityholder, in cash, the purchase price for the Securities surrendered by such Securityholder.

Appears in 1 contract

Sources: Warrant Agreement (Midcom Communications Inc)