Common use of Issuance of Warrant Clause in Contracts

Issuance of Warrant. As additional consideration for the making of the Commitment, Lender has earned and is entitled to receive immediately upon the execution of the Loan and Security Agreement and this Supplement, a warrant instrument issued by Borrower substantially in the form attached hereto as Exhibit “D” (the “Warrant”). Borrower acknowledges that Lender has assigned its rights to receive the Warrant to its parent, Venture Lending & Leasing V, LLC (“LLC”). In connection therewith, Borrower shall issue the Warrant directly to LLC. Upon request of Borrower, Lender shall furnish to Borrower a copy of the agreement in which Lender assigned the Warrant to LLC.

Appears in 1 contract

Samples: Loan and Security Agreement (Oculus Innovative Sciences, Inc.)

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Issuance of Warrant. As additional consideration for the making of the CommitmentCommitment No. 2, Lender has earned and is entitled to receive immediately upon the execution of the Loan and Security Agreement and this SupplementSupplement No. 2, a warrant instrument issued by Borrower substantially in the form of Exhibit “C” attached hereto as Exhibit “D” (the “Warrant”). Borrower acknowledges that Lender has assigned its rights to receive the Warrant to its parent, Venture Lending & Leasing V, LLC (“LLC”). In , and in connection therewith, Borrower shall issue the Warrant directly to Venture Lending & Leasing V, LLC. Upon request of Borrower, Lender shall furnish to Borrower a copy of the agreement in which Lender has assigned the such Warrant to LLCits parent.

Appears in 1 contract

Samples: Loan and Security Agreement (Quepasa Corp)

Issuance of Warrant. As additional consideration for the making of the its Commitment, Lender has earned and is entitled to receive immediately upon the execution of the Loan and Security Agreement and this Supplement, Supplement a warrant instrument issued by Borrower Borrower, substantially in the form attached hereto as of Exhibit “D” attached hereto (the “Warrant”). Borrower acknowledges that Lender has assigned its rights to receive the Warrant to its parent, Venture Lending & Leasing VVI, LLC (“LLC”). In connection therewith, Borrower shall issue the Warrant directly to LLC. Upon request of Borrower, Lender shall furnish to Borrower a copy of the agreement in which Lender assigned its rights to receive the Warrant to LLC.

Appears in 1 contract

Samples: Loan and Security Agreement (Meru Networks Inc)

Issuance of Warrant. As additional consideration for the making of the its Commitment, Lender has earned and is entitled to receive immediately upon the execution of the Loan and Security Agreement and this Supplement, a warrant instrument issued by Borrower substantially in the form attached hereto as Exhibit “D” (the “Warrant”). The Warrant shall be in form and substance satisfactory to Lender and Borrower. Borrower acknowledges that Lender has assigned its rights to receive the Warrant to its parent, Venture Lending & Leasing VIX, LLC (“LLC”). In connection therewith, Borrower shall issue the Warrant directly to LLC. Upon request of Borrower, Lender shall furnish to Borrower a copy of the agreement in which Lender assigned its rights to receive the Warrant to LLC.

Appears in 1 contract

Samples: Loan and Security Agreement (Stable Road Acquisition Corp.)

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Issuance of Warrant. As additional consideration for the making of the Commitment, Lender has earned and is entitled to receive immediately upon the execution of the Loan and Security Agreement and this Supplement, a warrant instrument issued by Borrower substantially in the form attached hereto as of Exhibit “D” attached hereto (the “Warrant”). Borrower acknowledges that Lender has assigned its rights to receive the Warrant to its parent, Venture Lending & Leasing V, LLC (“LLC”). In , and in connection therewith, Borrower shall issue the Warrant directly to Venture Lending & Leasing V, LLC. Upon request of Borrower, Lender shall furnish to Borrower a copy of the agreement in which Lender has assigned the such Warrant to LLCits parent.

Appears in 1 contract

Samples: Loan and Security Agreement (Quepasa Corp)

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