Series A Warrants Sample Clauses
The Series A Warrants clause defines the terms under which investors are granted the right to purchase additional shares of the company at a predetermined price within a specified timeframe. Typically, this clause outlines the number of warrants issued, the exercise price, the expiration date, and any conditions or restrictions on exercising the warrants. By including this provision, the clause provides investors with potential upside participation in the company's future growth while offering the company a mechanism to raise additional capital if the warrants are exercised.
Series A Warrants. On the Closing Date, the Company shall issue and deliver the Warrants to the Subscribers as follows: (i) one Warrant shall be issued for each Two Dollars ($2.00) of Purchase Price paid by a Subscriber on the Closing Date. The exercise price to acquire a Warrant Share upon exercise of a Warrant shall be $0.60, subject to amendment as described in the Warrants. The Warrants shall be exercisable until five (5) years after the Closing Date.
Series A Warrants. Each Series A Warrant shall, when countersigned by the Warrant Agent, entitle the Registered Holder thereof, subject to the provisions of such Series A Warrant and of this Agreement, to purchase from the Company the number of Ordinary Shares of the Company stated therein, at the price of $[●] per share, subject to the adjustments provided herein; provided however, that only whole Series A Warrants may be exercised.
Series A Warrants. Each Series A Warrant may be exercised, in whole or in part, at any time during the period commencing on the Detachment Date and ending at 5:00pm New York City time on February [●], 2017.
Series A Warrants. The Series A Warrants shall be exercisable into a number of shares of Common Stock equal to, in the aggregate, 2.5% of the issued and outstanding Common Stock as of the date of issuance of the Warrants.
Series A Warrants. To the extent the warrant to purchase shares ----------------- of Series A Preferred (the "Series A Warrants") remain exercisable immediately prior to the Effective Time, the Series A Warrants shall, in connection with the Merger and pursuant to its terms, be terminated and shall not be assumed by Parent. After the Effective Time, any unexercised portion of the Series A Warrants shall not represent any right to purchase any Company Capital Stock or any Parent Common Stock.
Series A Warrants. This term is defined in the recitals. ----------------- Series B Warrants. This term is defined in the recitals. ----------------- Series C Preferred Stock. This term is defined in the recitals. ------------------------ Series C Warrants. This term is defined in the recitals. ----------------- Series D Preferred Stock. The Series D Cumulative Redeemable Preferred ------------------------ Stock, $1.00 par value per share, of the Company.
Series A Warrants. On the Closing Date, the Company will issue and deliver Series A Warrants to the Subscribers. Seven Series A Warrants will be issued for each One Dollar of Purchase Price paid by a Subscriber on the Closing Date. The exercise price to acquire a Series A Warrant share upon exercise of a Series A Warrant shall be $0.25, subject to amendment as described in the Warrants. The Series A Warrants shall be exercisable until five (5) years after the issue date of the Series A Warrants.
Series A Warrants. Each Series A Warrant may be exercised, in whole or in part, at any time during the period commencing on the date of issuance thereof and ending on [●], 2020.
Series A Warrants. If the Series A Notes are not repaid in full by December 31, 1998, or upon the earlier occurrence of an Event of Default (as defined in the Revolving Credit Agreement) either (i) described in clause (a) or clause (b) of Section 11 of the Revolving Credit Agreement or (ii) described in clause (c) of Section 11 of the Revolving Credit Agreement and resulting from a default by the Company under Section 9.8, 9.9, 9.10 or 10.1 of the Revolving Credit Agreement, the Exercise Price of the Series A Warrants will be reset to become $.01.
Series A Warrants. In connection with the Bridge Loan Financing, the Debt Holders received warrants (the “Series A Warrants”) to purchase shares of Series A Preferred. The number of and exercise price for the Series A Warrants were to be determined at the time of closing of a qualified financing. This Offering constitutes a qualified financing as defined in the Convertible Notes. By the terms of the Series A Warrants, the Series A Warrants are exercisable for up to 909,091 shares of Series A Preferred at an exercise price of $0.66 per share. At the Closing, the Series A Warrants held by Debt Holders will automatically be exercisable for the number of shares of Series A Preferred set forth opposite each such Debt Holder’s name on Exhibit A under the heading “Warrants.” The Company will, upon request from a Debt Holder and delivery of such Debt Holder’s existing Series A Warrant to the Company, issue a new warrant to such Debt Holder specifying the number of shares of Series A Preferred and the exercise price. By executing this Agreement, the undersigned Debt Holder hereby acknowledges and confirms that (i) such Debt Holder’s Series A Warrant is exercisable for the number of shares of Series A Preferred set forth opposite such Debt Holder’s name on Exhibit A, and (ii) the per share exercise price for the Series A Warrant is $0.66.