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 each Term Loan Lender (or its respective Affiliate) of Warrants evidencing each Term Loan Lender’s (or its respective Affiliate’s) right to acquire its respective Pro Rata Share of 114,213 shares of common stock of Borrower at an exercise price of $1.97 per share. The exercise period shall expire ten (10) years from the date such Warrants are issued.

Authorization and Issuance of the Warrants. Borrower has duly authorized the issuance to each Term Loan Lender (or its respective Affiliate) of Warrants evidencing each Term Loan Lender’s 's (or its respective Affiliate’s's) right to acquire its respective Pro Rata Share of 114,213 64,655 shares of common stock of Borrower at an exercise price of $1.97 1.856 per share. The exercise period shall expire ten (10) years from the date such Warrants are issued.

Authorization and Issuance of the Warrants. Borrower has duly authorized the issuance to each Term Loan Lender (or its respective AffiliateAffiliate or designee) of Warrants evidencing each Term Loan Lender’s (or its respective Affiliate’s or designee’s) right to acquire its respective Pro Rata Share of 114,213 270,000 shares of common Series F preferred stock of Borrower at an exercise price of $1.97 2.00 per share. The exercise period shall expire ten (10) years from the date such Warrants are issued.

Authorization and Issuance of the Warrants. Borrower has duly authorized the issuance to each Term Loan Lender (or its respective Affiliate) of Warrants evidencing each Term Loan Lender’s (or its respective Affiliate’s) right to acquire its respective Pro Rata Share of 114,213 301,205 shares of common stock of Borrower at an exercise price of $1.97 2.49 per share. The exercise period shall expire ten (10) years from the date such Warrants are issued.