Terms of Placement Warrants Sample Clauses
The 'Terms of Placement Warrants' clause defines the specific conditions and features governing warrants issued as part of a placement transaction. It typically outlines details such as the exercise price, expiration date, number of warrants issued, and any restrictions or procedures for exercising the warrants. For example, it may specify that each warrant entitles the holder to purchase a certain number of shares at a predetermined price within a set timeframe. This clause ensures both parties understand the rights and obligations associated with the warrants, thereby providing clarity and reducing the risk of disputes regarding their exercise or transfer.
Terms of Placement Warrants. Each Placement Warrant shall have the terms set forth in the Warrant Agreement.
Terms of Placement Warrants. Each Placement Warrant shall have the terms set forth in the Warrant Agreement. The Subscriber acknowledges and agrees that the Placement Warrants and the related registration rights will be deemed compensation by the Financial Industry Regulatory Authority (“FINRA”) and will therefore be subject to lock-up for a period of 180 days immediately following the effective date of the Registration Statement. Pursuant to FINRA Rule 5110(e)(1), the Placement Warrants and their component parts and the related registration rights may not be sold, transferred, assigned, pledged or hypothecated or be the subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of such securities by any person during the foregoing 180-day period following the effective date of the Registration Statement, except to any underwriter or selected dealers participating in the Public Offering and the officers or partners, registered persons or affiliates or partners thereof. Notwithstanding anything to the contrary in the Warrant Agreement, the Placement Warrants purchased by the Subscriber hereunder shall not be exercised more than five years from the effective date of the Registration Statement.
Terms of Placement Warrants. Each Placement Warrant shall have the terms set forth in the Private Warrant Agreement.
Terms of Placement Warrants