Common use of Warrants and Issuance of Warrant Certificates Clause in Contracts

Warrants and Issuance of Warrant Certificates. (a) Each Warrant shall initially entitle the Registered Holder of the Warrant Certificate representing such Warrant to purchase at the Purchase Price therefor from the Initial Warrant Exercise Date until the Warrant Expiration Date one share of Common Stock upon the exercise thereof, subject to modification and adjustment as provided in Section 8 or Section 9. (b) Upon execution of this Agreement, Warrant Certificates representing [ ] Warrants to purchase up to an aggregate of [ ] shares of Common Stock (subject to modification and adjustment as provided in Section 8 or Section 9) shall be executed by the Company and delivered to the Warrant Agent.

Appears in 2 contracts

Sources: Warrant Agreement (Lightspace Corp), Warrant Agreement (Lightspace Corp)

Warrants and Issuance of Warrant Certificates. (a) Each Warrant shall initially entitle the Registered Holder of the Warrant Certificate representing such Warrant to purchase at the Purchase Price therefor from the Initial Warrant Exercise Date until the Warrant Expiration Date one share of Common Stock upon the exercise thereof, subject to modification and adjustment as provided in Section 8 or Section 9. (b) Upon execution of this Agreement, Warrant Certificates representing [ [_________] Warrants to purchase up to an aggregate of [ [_________] shares of Common Stock (subject to modification and adjustment as provided in Section 8 or Section 9) shall be executed by the Company and delivered to the Warrant Agent.

Appears in 1 contract

Sources: Warrant Agreement (Lightspace Corp)