Common use of Description of the Offering Clause in Contracts

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) in the Offering shall consist of Units (as defined in the Securities Purchase Agreement dated September 20, 2019 between the Company and the Investors (the “Securities Purchase Agreement”)) consisting of shares (the “Shares”) of the Company’s common stock (“Common Stock”) and certain warrants to purchase Common Stock (the “Warrants,” and collectively with the Shares, the “Securities”). The purchase price for one Unit shall be $1.76 per Unit (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agent harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) in the Offering shall consist of Units (as defined in pursuant to the Securities Purchase Agreement dated September 20, 2019 on or about the date hereof between the Company and the Investors (the “Securities Purchase Agreement”)) consisting of shares (the “Shares”) shall consist of the Company’s common stock ordinary shares (“Common StockOrdinary shares”) and certain warrants to purchase Common Stock Ordinary Shares (the “Warrants,” and collectively with the Ordinary Shares, the “Securities”). The purchase price for one Unit Share and accompanying Warrant shall be $1.76 0.70 per Unit unit of Securities (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agent harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) in the Offering shall consist of Units (as defined in pursuant to the Securities Purchase Agreement dated September 20, 2019 on or about the date hereof between the Company and the Investors (the “Securities Purchase Agreement”)) consisting of shares (the “Shares”) shall consist of the Company’s common stock ordinary shares (“Common StockOrdinary shares”) and certain warrants to purchase Common Stock Ordinary Shares (the “Warrants,” and collectively with the Ordinary Shares, the “Securities”). The purchase price for one Unit Share and accompanying Warrant shall be $1.76 1.20 per Unit unit of Securities (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agent harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) in the Offering shall consist of Units (as defined in pursuant to the Securities Purchase Agreement dated September 20, 2019 on or about the date hereof between the Company and the Investors (the “Securities Purchase Agreement”)) consisting shall consist of ordinary shares (the “Shares”) of the Company’s common stock Company (“Common StockOrdinary Shares”) and certain warrants to purchase Common Stock Ordinary Shares (the “Warrants,” and collectively with the Shares, the “Securities”). The purchase price for one Unit Share and accompanying Warrant shall be $1.76 6.00 per Unit unit of securities (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agent harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) in the Offering shall consist of Units (as defined in pursuant to the Securities Purchase Agreement dated September 20, 2019 on or about the date hereof between the Company and the Investors (the “Securities Purchase Agreement”)) consisting shall consist of shares (the “Shares”) of the Company’s common stock (“Common Stock”) and certain warrants to purchase Common Stock (the “Warrants,” and collectively with the Shares, the “Securities”). The purchase price for one Unit Share and accompanying Warrant shall be $1.76 2.40 per Unit unit of securities (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agent harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) in the Offering shall consist of Units (as defined in pursuant to the Securities Purchase Agreement dated September 20, 2019 on or about the date hereof between the Company and the Investors (the “Securities Purchase Agreement”)) consisting shall consist of ordinary shares (the “Shares”) of the Company’s common stock Company (“Common StockOrdinary Shares”) and certain warrants to purchase Common Stock Ordinary Shares (the “Warrants,” and collectively with the Shares, the “Securities”). The purchase price for one Unit Share and accompanying Warrant shall be $1.76 [●] per Unit unit of securities (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agent harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.

Description of the Offering. The Securities to be offered directly to various investors (each, an “Investor” or “Purchaser” and, collectively, the “Investors” or the “Purchasers”) in the Offering shall consist of Units (as defined in pursuant to the Securities Purchase Agreement dated September 20, 2019 on or about the date hereof between the Company and the Investors (the “Securities Purchase Agreement”)) consisting shall consist of shares (the “Shares”) of the Company’s common stock (“Common Stock”) and certain warrants to purchase Common Stock (the “Warrants,” and collectively with the Shares, the “Securities”). The purchase price for one Unit Share and accompanying Warrants shall be $1.76 [7.83] per Unit unit of securities (the “Purchase Price”). If the Company shall default in its obligations to deliver Securities to a Purchaser whose offer it has accepted and who has tendered payment, the Company shall indemnify and hold the Placement Agent harmless against any loss, claim, damage or expense arising from or as a result of such default by the Company under this Agreement.