Warrants to Purchase Common Stock Sample Clauses
The "Warrants to Purchase Common Stock" clause grants the holder the right to buy a specified number of shares of the company's common stock at a predetermined price within a certain timeframe. Typically, this clause outlines the terms under which the warrants can be exercised, including the exercise price, expiration date, and any conditions or restrictions on transferability. Its core practical function is to provide an incentive or additional value to investors or stakeholders, while also potentially raising capital for the company if the warrants are exercised.
Warrants to Purchase Common Stock. The Warrants evidenced hereby are one of a duly authorized issue of Warrants of the Company designated as its Warrants to Purchase Common Stock (“Warrants”), limited in aggregate number to 450,000, issued under and in accordance with the Warrant Agreement, dated as of [ ], 2010 (the “Warrant Agreement”), between the Company and American Stock Transfer & Trust Company, LLC, as warrant agent (the “Warrant Agent”, which term includes any successor thereto permitted under the Warrant Agreement), to which Warrant Agreement and all amendments thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Warrant Agent, the Holders of Warrant Certificates and the owners of the Warrants evidenced thereby and of the terms upon which the Warrant Certificates are, and are to be, countersigned and delivered. A copy of the Warrant Agreement shall be available at all reasonable times at the office of the Warrant Agent for inspection by the Holder hereof. The Warrant Agreement provides that, in addition to certain adjustments to the number of shares of Common Stock into which a Warrant is exercisable and the Exercise Price required to be made in certain circumstances, in the case of any Transaction (as defined in the Warrant Agreement), the Company shall (or, in the case of any Non-Surviving Transaction (as defined in the Warrant Agreement), the Company shall cause the other Person involved in such Transaction to) execute and deliver to the Warrant Agent a written instrument providing that (i) the Warrants evidenced hereby, if then outstanding, will be exercisable thereafter, during the period the Warrants evidenced hereby shall be exercisable as specified herein, only into the Substituted Property (as defined in the Warrant Agreement) that would have been receivable upon such Transaction by a holder of the number of shares of Common Stock that would have been issued upon exercise of such Warrant if such Warrant had been exercised in full immediately prior to such Transaction (upon certain assumptions specified in the Warrant Agreement), assuming that the Warrants evidenced hereby were exercisable at the time of such Transaction at the Exercise Price as then in effect; and (ii) the rights and obligations of the Company (or, in the case of any Non-Surviving Transaction, the other Person involved in such Transaction) and the holders in respect of Substituted Property shall be as nearly ...
Warrants to Purchase Common Stock. On the effective date hereof, Employee shall be granted warrants ("Warrants") to purchase forty thousand (40,000) shares of common stock no par value per share ("Common Stock"), of Company pursuant to the terms of the Warrant Agreement dated as of April 5, 1999, among the Company, Roge▇ ▇▇▇▇▇▇▇ ▇▇▇ the other signatories thereto (the "Warrant Agreement"). The Warrants granted to Employee shall consist equally of Series A Warrants, Series B Warrants and Series C Warrants of Company. The Warrants shall vest as provided in Schedule I attached hereto.
Warrants to Purchase Common Stock. Certificates representing the Warrants in accordance with PARAGRAPH 2.1(C).
Warrants to Purchase Common Stock. Contemporaneous with the Disbursement, and as additional consideration for the Loan, the Borrower shall issue to the Lender warrants to purchase up to 8,333,333 shares of common stock of the Borrower (the “Warrant Shares”) evidenced by a single warrant agreement (the “Warrant”) in form attached hereto as Exhibit D. The Warrant shall have a term of three years and shall be exercisable at $0.30 per share.
Warrants to Purchase Common Stock. At Closing, Purchaser shall issue to the Sellers, as additional consideration for the sale of the Shares, warrants to purchase 400,000 shares (the "Warrant Shares") of Purchaser Common Stock, which Warrants shall be in the form attached hereto as Exhibit 2.10 (the "Warrants"). The Warrants shall be exercisable at the Conversion Price at any time within five (5) years after the Closing Date. If the Closing does not occur on or before August 26, 1998, the number of shares that may be purchased pursuant to the Warrants shall be increased from 400,000 shares to 500,000 shares.
Warrants to Purchase Common Stock. The Warrants evidenced hereby are one of a duly authorized issue of Warrants of the Company designated as its Tranche 2 Warrants to Purchase Common Stock (“Warrants”), limited in aggregate number to [●] issued under and in accordance with the Warrant Agreement, dated as of November 30, 2020 (the “Warrant Agreement”), between the Company, Computershare Inc., a Delaware corporation, and its wholly-owned subsidiary Computershare Trust Company, N.A., a federally chartered trust company (collectively, the “Warrant Agent”, which term includes any successor thereto permitted under the Warrant Agreement), to which the Warrant Agreement and all amendments thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Warrant Agent, the Holders of Warrant Certificates and the owners of the Warrants evidenced thereby and of the terms upon which the Warrant Certificates are, and are to be, countersigned and delivered. A copy of the Warrant Agreement shall be available at all reasonable times at the office of the Warrant Agent for inspection by the Holder hereof. The Exercise Price and the number of shares of Common Stock purchasable upon exercise of the Warrants are subject to adjustment upon the occurrence of certain events as set forth in the Warrant Agreement.
Warrants to Purchase Common Stock. In consideration of, and as an inducement to, your purchase of the Notes, the Company also agrees to deliver to you on the Closing Date warrants (such warrants together with the warrants delivered to the other Purchasers being referred to collectively as the "Warrants") substantially in the form attached hereto as Exhibit B to purchase 50,000 shares of the Common Stock, $.001 par value per share, of the Company ("Common Stock") at a price per share equal to $2.375 (the "Exercise Price") for each $100,000 principal value of Notes purchased, appropriately apportioned for smaller principal amounts, and indicated on Schedule 1 pursuant to this Agreement. The number of shares which may be purchased upon the exercise of the Warrants and the price per share are subject to adjustment in the manner and on the terms and conditions set forth herein.
Warrants to Purchase Common Stock. As of March 25, 2020, we had 7,535,815 outstanding warrants exercisable for up to an aggregate of 7,535,815 shares of our common stock. Of these warrants, there are warrants outstanding and exercisable for up to 7,500,000 shares of common stock that contain the following terms and conditions subject in all respects to the provisions contained in such warrants: •
Warrants to Purchase Common Stock. The Company shall convey to Employee Warrants to Purchase 250,000 shares of its common stock, $.001 par value, exercisable for a price of $2.00 per share over a period of five years from their date of vesting (the "Warrants"). The Warrants shall vest to the Employee as follows: 20,833 Warrants after each calendar quarter for a period ending three-years from the date hereof. The Warrant shall be substantially in the form of Exhibit A hereto.
Warrants to Purchase Common Stock. In consideration of, and as an inducement to, each Lender entering into the Credit Agreement and Convertible Note Agreement, and other good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, the Company will issue to each Lender on the Closing Date:
(a) the Class A Warrants of the Company substantially in the form attached hereto as Exhibit A-1 to purchase the number of shares of Common Stock of the Company set forth opposite such Lender's name in Schedule I hereto; and
(b) the Class B Warrants of the Company substantially in the form attached hereto as Exhibit A-2 to purchase the number of shares of Common Stock of the Company set forth opposite such Lender's name in Schedule I hereto. The number of shares which may be acquired upon the exercise of the Warrants and the price per share are subject to adjustment in the manner and on the terms and conditions set forth in the Warrants. The Company and the Lenders agree that for U.S. federal income tax purposes the aggregate amount of original issue discount is less than a de minimus amount (as defined in the Treasury Regulations). The rights, powers and terms of and relating to the Common Stock will be provided for in the Company's Articles of Incorporation as in effect on the Closing Date, and as otherwise provided by the general corporation law of the State of Florida.