Common use of Authorization and Issuance of the Warrants Clause in Contracts

Authorization and Issuance of the Warrants. Borrower has duly authorized the issuance to Lenders (or their respective affiliates or designees) of stock purchase warrants substantially in the form of the warrant attached hereto as Exhibit F (collectively, the “Warrants”) evidencing Lenders’ (or their respective affiliates or designees) right to acquire their respective Pro Rata Share of up to 42,735 shares of common stock of Borrower at an exercise price of $4.68 per share. The exercise period shall expire ten (10) years from the date such Warrant is issued.

Appears in 1 contract

Samples: Loan and Security Agreement (Achillion Pharmaceuticals Inc)

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Authorization and Issuance of the Warrants. As of June 27, 2008, Borrower has duly authorized the issuance to Lenders (or their respective affiliates or designees) of stock purchase warrants substantially in the form of the warrant attached hereto as Exhibit F (collectively, the “Warrants”) evidencing Lenders’ (or their respective affiliates or designees) right to acquire their respective Pro Rata Share of up to 42,735 110,000 shares of common stock Common Stock of Borrower at an exercise price of $4.68 4.80 per share. The exercise period shall expire ten six (106) years from the date such Warrant is issued.

Appears in 1 contract

Samples: Loan and Security Agreement (Helicos Biosciences Corp)

Authorization and Issuance of the Warrants. Borrower has duly authorized the issuance to Lenders (or their respective affiliates or designees) of stock purchase warrants substantially in the form of the warrant attached hereto as Exhibit F (collectively, the “Warrants”) evidencing Lenders’ (or their respective affiliates or designees) right to acquire their respective Pro Rata Share of up to 42,735 178,148 shares of common stock of Borrower at an exercise price of $4.68 4.21 per share. The Subject to the terms and conditions of the Warrants, the exercise period shall expire ten (10) years from the date such Warrant is Warrants are issued.

Appears in 1 contract

Samples: Loan and Security Agreement (Cytori Therapeutics, Inc.)

Authorization and Issuance of the Warrants. Borrower has duly authorized the issuance to Lenders (or their respective affiliates or designees) of stock purchase warrants substantially in the form of the warrant attached hereto as Exhibit F H (collectively, the “Warrants”) evidencing Lenders’ (or their respective affiliates or designees) right to acquire their respective Pro Rata Share of up to 42,735 154,545 shares of common stock Series E Preferred Stock of Borrower at an exercise price of $4.68 1.65 per share. The exercise period shall expire ten (10) years from the date such Warrant is issued.

Appears in 1 contract

Samples: Loan and Security Agreement (Salient Surgical Technologies, Inc.)

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Authorization and Issuance of the Warrants. Borrower has duly authorized the issuance to Lenders (or their respective affiliates or designees) of stock purchase warrants substantially in the form of the warrant attached hereto as Exhibit F (collectively, the “Warrants”) evidencing Lenders’ (or their respective affiliates or designees) right to acquire their respective Pro Rata Share of up to 42,735 46,584 shares of common stock Common Stock of Borrower at an exercise price of $4.68 1.61 per share. The exercise period shall expire ten (10) years from the date such Warrant is Warrants are issued.

Appears in 1 contract

Samples: Loan and Security Agreement (Pharmathene, Inc)

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