Placement Agent Unit Purchase Option definition
Examples of Placement Agent Unit Purchase Option in a sentence
So long as any Warrants or Preferred Stock remain outstanding, the Company shall take all action necessary to at all times have authorized, and reserved for the purpose of issuance, no less than 100% of the maximum number of shares of Common Stock issuable upon exercise of the Warrants or the Placement Agent Unit Purchase Option, or upon conversion of the Preferred Stock.
So long as any Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized, and reserved for the purpose of issuance, no less than 100% of the maximum number of shares of Common Stock issuable upon exercise of the Warrants or the Placement Agent Unit Purchase Option.
Such Placement Agent Unit Purchase Option shall be in the form and substance of the Placement Agent Unit Purchase Option attached hereto as Exhibit "C" and shall represent the right to purchase up to an aggregate of 26,000 Units for the four-year period commencing on the first and ending on the fifth anniversary of the effective date of the Registration Statement, at a price of $7.00 per Unit.
The Placement Agent Unit Purchase Option shall not be sold, transferred, assigned or hypothecated for a period of twelve (12) months from the effective date of the Registration Statement except to partners or officers of the Placement Agent.
The Placement Agent Unit Purchase Option shall not be sold, transferred, assigned or hypothecated for a period of twelve (12) months from the effective date of the Registration Statement except to officers of the Placement Agent.
So long as any Warrant or Placement Agent Unit Purchase Option remain outstanding, the Company shall take all action necessary to at all times have authorized, and reserved for the purpose of issuance, no less than 100% of the maximum number of shares of Common Stock issuable upon exercise of the Warrants or exercise of the Placement Agent Unit Purchase Option.