LENDER WARRANT Clause Samples
A Lender Warrant clause grants the lender the right to purchase equity in the borrower’s company, typically under specified terms and conditions. This clause usually outlines the number of shares, exercise price, and time frame during which the lender can exercise the warrant, often as part of a loan agreement or financing arrangement. Its core practical function is to provide the lender with potential upside in the borrower’s success, serving as an additional incentive or compensation for providing the loan, and aligning the lender’s interests with the growth of the company.
LENDER WARRANT. The Company shall issue to Lender a warrant dated the date hereof, in the form attached hereto as Exhibit B (the "Lender Warrant").
LENDER WARRANT. The term “Lender Warrant” means any warrant to purchase shares of capital stock of the Company issued to banks, equipment lessors or other financial institutions pursuant to a debt financing or equipment leasing transaction where the Board has approved the grant to the holder thereof of “piggyback” registration rights.
LENDER WARRANT. At an annual or special meeting of stockholders of the Borrower, which meeting shall be promptly called and held no later than June 30, 2026, the Borrower shall obtain the Stockholder Warrant Approval (as defined in the Lender Warrant).
LENDER WARRANT. The Borrower shall have issued that certain Common Stock Purchase Warrant to the Lender, in the form attached as Exhibit B hereto.
LENDER WARRANT. Each of the Lenders acknowledges, consents to and agrees that the Agent shall be entitled to receive from NBGI any Loan Management Warrants as agreed between the Agent and the Borrowers. Each Lender confirms that such Lender has no interest in or claim to any such Loan Management Warrants.
LENDER WARRANT. The Borrower covenants to reserve all shares that may be issuable upon exercise of the Lender Warrant and to keep such shares so reserved until after the expiration of the Lender Warrant and to obtain any and all necessary waivers of rights of first refusal, rights of first offer, and preemptive rights and any similar restrictions that may in any respect affect the issuance of the Lender Warrant, the exercise of the Lender Warrant or the issuance of the shares of Common Stock upon exercise of the Lender Warrant.
LENDER WARRANT. In consideration of the credit accommodation hereunder by Lender to Borrower, and for other good and valuable consideration, Borrower has issued to Lender a warrant in the form of EXHIBIT B attached hereto (the "LENDER WARRANT"). The shares of Borrower common stock ("COMMON STOCK") acquired upon exercise of the Lender Warrant are referred to as "WARRANT SHARES."
LENDER WARRANT. As additional consideration for the Loan, the Company has issued the Lender a seven-year warrant to purchase Common Stock of the Company at $0.01 per share, representing a 5.14% post-closing ownership stake in the Company on a fully diluted basis. The warrant or the shares of Common Stock purchased upon exercise of the warrant are subject to redemption by the Company on or after the fifth anniversary and before the seventh anniversary of the warrant issue date at the fair market value of the Company’s common stock as determined in accordance with the Loan Agreement.