Warrants to Purchase Shares Sample Clauses
The "Warrants to Purchase Shares" clause grants the holder the right, but not the obligation, to buy a specified number of company shares at a predetermined price within a certain timeframe. Typically, this clause outlines the terms under which the warrants can be exercised, such as the exercise price, expiration date, and any conditions or restrictions on transferability. Its core function is to provide an investor or other party with the opportunity to acquire equity in the company under agreed terms, often as an incentive or as part of a financing arrangement, thereby aligning interests and potentially raising capital for the company.
Warrants to Purchase Shares. In consideration for the purchase by each Investor of such Investor’s Note at the Initial Closing or an Additional Closing (as defined below), the Company will issue to such Investor at each such Closing a Warrant, in substantially the form of Exhibit C hereto, for a purchase price equal to 0.01% of the principal amount of the corresponding Note. The Company and each Investor agree that such purchase price allocation represents the parties’ good faith allocation of the purchase price of the Notes and Warrants and shall be used for all purposes, including income tax reporting by the Company. The securities for which the Warrants are exercisable are referred to herein as the “Warrant Shares.” The Notes and the Note Conversion Shares, the Warrants and the Warrant Shares, and the Common Stock issuable upon conversion of the Note Conversion Shares and Warrant Shares, are sometimes collectively referred to herein as the “Securities.”
Warrants to Purchase Shares. In consideration for the purchase by each Investor of such Investor’s Note at the Initial Closing or any Additional Closing (as defined below), the Company will issue to such Investor at each such Closing a Warrant, in substantially the form of Exhibit B hereto (each, a “Warrant” and collectively, the “Warrants”), for a purchase price equal to $10.00. The securities for which the Warrants are exercisable are referred to as the “Exercise Stock.” The Notes and the Conversion Stock, and the Warrants and the Exercise Stock, are collectively referred to herein as the “Securities.” The Company and each Investor agree that such purchase price allocation represents the parties’ good faith allocation of the purchase price and shall be used for all purposes, including income tax reporting by the Company.
Warrants to Purchase Shares. Except as disclosed in Schedule H, and as of the date hereof, no Person has any agreement, option, understanding or commitment (including convertible securities, warrants or convertible obligations of any nature), for the purchase or issue of or conversion into any of the unissued Hawthorne Common Shares or any unissued securities of Hawthorne and, as of the date hereof, Schedule H accurately set out the holders, exercise price and average remaining terms of all those options and warrants and such other convertible securities or obligations of Hawthorne which are outstanding.
Warrants to Purchase Shares. Except as disclosed in Schedule B, and as of the date hereof, no Person has any agreement, option, understanding or commitment (including convertible securities, warrants or convertible obligations of any nature), for the purchase or issue of or conversion into any of the unissued ▇▇▇▇▇ Common Shares or any unissued securities of ▇▇▇▇▇ and, as of the date hereof, Schedule B accurately set out the holders, exercise price and average remaining terms of all those options and warrants and such other convertible securities or obligations of ▇▇▇▇▇ which are outstanding.
Warrants to Purchase Shares. The Company hereby grants the Advisor five hundred thousand (500,000) warrants (the "WARRANTS") to purchase an equal number of restricted common stock shares of the Company, at a price of Fifteen Cents ($0.15) per share, as more fully set forth in the Warrant Certificate issuable pursuant hereto, dated the date of the Agreement.