WARRANTS AUTHORIZED Sample Clauses

WARRANTS AUTHORIZED. COMPANY hereby authorizes the issuance of _________________ (_______) WARRANTS upon the terms and conditions of this Warrant Agreement.
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WARRANTS AUTHORIZED. COMPANY hereby authorizes the issuance to the INVESTORS of Two Hundred Fifty Thousand (250,000) WARRANTS upon the terms and conditions of this Warrant Agreement. The WARRANTS shall be called the 1996-MAJOR Warrants and, subject to sub-paragraph 5(b) below, shall be exercisable after January 1, 1997 and until 5:00 P.M. E.D.T. on the day which is six (6) months after the declaration of effectiveness of the Company's Registration Statement registering the shares to be acquired upon exercise of this warrant, at an exercise price of $1.25 per share of Common Stock.
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WARRANTS AUTHORIZED. COMPANY hereby authorizes the issuance to the INVESTORS of One Million Five Hundred Thousand (1,500,000) WARRANTS upon the terms and conditions of this Warrant Agreement. Such WARRANTS are divided into two (2) types of WARRANTS: Seven Hundred Fifty Thousand (750,000) of the WARRANTS shall be called the 1996-A Warrants and, subject to sub-paragraph 5(b) below, shall be exercisable until 5:00 P.M. E.D.T. on the last day of the sixth month after the date of issuance at an exercise price of $1.25 per share of Common Stock; and Seven Hundred Fifty Thousand (750,000) of the WARRANTS shall be called the 1996-B warrants and, subject to sub-paragraph 5(b) below, shall be exercisable until 5:00 P.M. E.D.T. on the last day of the twenty-fourth month after the date of issuance at an exercise price of $1.25 per share of Common Stock.
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WARRANTS AUTHORIZED. COMPANY hereby authorizes the issuance of One Million Two Hundred Thousand (1,200,000) WARRANTS upon the terms and conditions of this Warrant Agreement.
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WARRANTS AUTHORIZED 
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Related to WARRANTS AUTHORIZED

  • RESERVATION AND AUTHORIZATION OF COMMON STOCK From and after the Closing Date, the Company shall at all times reserve and keep available for issue upon the exercise of Warrants such number of its authorized but unissued shares of Common Stock as will be sufficient to permit the exercise in full of all outstanding Warrants. All shares of Common Stock which shall be so issuable, when issued upon exercise of any Warrant and payment therefor in accordance with the terms of such Warrant, shall be duly and validly issued and fully paid and nonassessable, and not subject to preemptive rights. Before taking any action which would cause an adjustment reducing the Current Warrant Price below the then par value, if any, of the shares of Common Stock issuable upon exercise of the Warrants, the Company shall take any corporate action which may be necessary in order that the Company may validly and legally issue fully paid and non-assessable shares of such Common Stock at such adjusted Current Warrant Price. Before taking any action which would result in an adjustment in the number of shares of Common Stock for which this Warrant is exercisable or in the Current Warrant Price, the Company shall obtain all such authorizations or exemptions thereof, or consents thereto, as may be necessary from any public regulatory body or bodies having jurisdiction thereof.

  • Authorization of the Sponsor Warrants The Company has duly authorized the issuance and sale of the Sponsor Warrants to the Purchaser.

  • Authorization of the Private Placement Warrants The Company has duly authorized the issuance and sale of the Private Placement Warrants to the Purchaser.

  • Authorization of the Placement Shares The Placement Shares, when issued and paid for as contemplated herein, will be validly issued, fully paid and nonassessable, will be issued in compliance with all applicable securities laws, and will be free of preemptive, registration or similar rights, and will conform to the description of the Common Stock contained in the Registration Statement and the Prospectus.

  • Terms of the Sponsor Warrants (i) The Sponsor Warrants shall have their terms set forth in a Warrant Agreement to be entered into by the Company and a warrant agent, in connection with the Public Offering (a “Warrant Agreement”). (ii) At or prior to the time of the Initial Closing Date, the Company and the Purchaser shall enter into a registration rights agreement (the “Registration Rights Agreement”) pursuant to which the Company will grant certain registration rights to the Purchaser relating to the Sponsor Warrants and the Shares underlying the Sponsor Warrants.