B Warrants Sample Clauses

B Warrants. On the Closing Date, the Company will issue 5,000,000 B Warrants to the Subscriber. The per Warrant Share exercise price to acquire a Warrant Share upon exercise of a B Warrant shall be $0.06. The B Warrants shall be exercisable for five years after the issue date of the B Warrants.
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B Warrants. On the Closing Date, the Company will issue and deliver Class B Warrants to the Subscribers. Twenty-Five (25) Class B Warrants will be issued for each one hundred (100) Shares which would be issued on the Closing Date assuming the complete conversion of the Notes issued on the Closing Date at the Conversion Price in effect on the Closing Date. The per Warrant Share exercise price to acquire a Warrant Share upon exercise of a Class B Warrant shall be $____ (101% of the three day average closing bid prices of the Common Stock on the trading day immediately preceding the Closing Date). The Class B Warrants shall be exercisable until five (5) years after the Closing Date. The Class B Warrants shall have a cashless feature.
B Warrants. On the Closing Date the Company will issue B Warrants to the Subscribers. One (1) B Warrant will be issued for each two dollars ($2.00) of Purchase Price paid by each Subscriber divided by the Conversion Price. The per Warrant Share exercise price to acquire a Warrant Share upon exercise of a B Warrant shall be equal to the Per Share Purchase Price. The B Warrants shall be exercisable until the registration statement described in Section 11.1(iv) hereof has been effective for one hundred and twenty (120) days. The B Warrants will be subject to Call as described in EXHIBIT B hereto. The B Warrants will be exercisable only if the shareholders of the Company approve the resolution to increase the authorize Common Stock of the Company as described in the Pre-14A filing made with the Commission on April 27, 2004, at the proposed June 4, 2004 meeting or any adjournment thereof (the "Approval").
B Warrants. On each Closing Date the Company will issue Class B Warrants to the Subscribers. Class B Warrants will be issued in the amount designated on the signature page hereto. The per Warrant Share exercise price to acquire a Warrant Share upon exercise of a Class B Warrant shall be $.075. The Class B Warrants shall be exercisable until three (3) days. The B Warrants will be subject to Call as described in Exhibit B hereto.
B Warrants. On the Closing Date the Company will issue B Warrants to the Subscribers. One (1) B Warrant will be issued for each

Related to B Warrants

  • Issue Warrants Issue warrants for Borrower’s capital stock.

  • Preferred Shares The Preferred Shares have been duly and validly authorized, and, when issued and delivered pursuant to this Agreement, such Preferred Shares will be duly and validly issued and fully paid and non-assessable, will not be issued in violation of any preemptive rights, and will rank pari passu with or senior to all other series or classes of Preferred Stock, whether or not issued or outstanding, with respect to the payment of dividends and the distribution of assets in the event of any dissolution, liquidation or winding up of the Company.

  • Purchase Warrants The Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Warrant”) for the purchase of an aggregate of [·] shares of Common Stock, representing up to 5% of the Firm Shares, for an aggregate purchase price of $100.00. The Representative’s Warrant agreement, in the form attached hereto as Exhibit A (the “Representative’s Warrant Agreement”), shall be exercisable, in whole or in part, commencing on a date which is one (1) year after the Effective Date and expiring on the five-year anniversary of the Effective Date at an initial exercise price per share of Common Stock of $[·], which is equal to 125% of the initial public offering price of the Firm Shares. The Representative’s Warrant Agreement and the shares of Common Stock issuable upon exercise thereof are hereinafter referred to together as the “Representative’s Securities.” The Representative understands and agrees that there are significant restrictions pursuant to FINRA Rule 5110 against transferring the Representative’s Warrant Agreement and the underlying shares of Common Stock during the one hundred eighty (180) days after the Effective Date and by its acceptance thereof shall agree that it will not sell, transfer, assign, pledge or hypothecate the Representative’s Warrant Agreement, or any portion thereof, or be the subject of any hedging, short sale, derivative, put or call transaction that would result in the effective economic disposition of such securities for a period of one hundred eighty (180) days following the Effective Date to anyone other than (i) an Underwriter or a selected dealer in connection with the Offering or (ii) a bona fide officer or partner of the Representative or of any such Underwriter or selected dealer; and only if any such transferee agrees to the foregoing lock-up restrictions.

  • Series B Preferred Stock Section 1.2(d)......................... 5 Shares............................ Section 3.2(a).........................

  • Rights, Warrants, Etc Pursuant to Instruction, the Custodian shall (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to any agent of such issuer or trustee, for purposes of exercising such rights or selling such securities, and (b) deposit securities in response to any invitation for the tender thereof.

  • Series A Preferred Stock On the Closing Date, each Subscriber shall purchase and the Company shall sell to each such Subscriber, the number of shares of Preferred Stock designated on such Subscriber’s signature page hereto for such Subscriber’s Purchase Price indicated thereon.

  • Common Shares 4 Company...................................................................................... 4

  • Outstanding Warrants The Warrants outstanding at any time are all Warrants evidenced on all Warrant Certificates authenticated by the Warrant Agent except for those canceled by it and those delivered to it for cancellation. A Warrant ceases to be outstanding if the Company or an Affiliate of the Company holds the Warrant. If a Warrant Certificate is replaced pursuant to Section 2.06, the Warrants evidenced thereby cease to be outstanding unless the Warrant Agent and the Company receive proof satisfactory to them that the replaced Warrant Certificate is held by a bona fide purchaser.

  • Exercise of Purchase Warrants Nothing contained in this Purchase Warrant shall be construed as requiring the Holder(s) to exercise their Purchase Warrants prior to or after the initial filing of any registration statement or the effectiveness thereof.

  • New Warrants This Warrant may be divided or combined with other Warrants upon presentation hereof at the aforesaid office of the Company, together with a written notice specifying the names and denominations in which new Warrants are to be issued, signed by the Holder or its agent or attorney. Subject to compliance with Section 4(a), as to any transfer which may be involved in such division or combination, the Company shall execute and deliver a new Warrant or Warrants in exchange for the Warrant or Warrants to be divided or combined in accordance with such notice. All Warrants issued on transfers or exchanges shall be dated the initial issuance date of this Warrant and shall be identical with this Warrant except as to the number of Warrant Shares issuable pursuant thereto.

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