Common use of Warrant and Warrant Shares Clause in Contracts

Warrant and Warrant Shares. The Warrant, when issued pursuant to this Credit Agreement, will be a duly authorized, valid, and binding obligation of Borrower, enforceable in accordance with its terms. When issued and sold upon the exercise of the Warrant in accordance with its terms, the common shares of the Borrower will be validly issued and outstanding, fully paid and non-assessable.

Appears in 3 contracts

Samples: Credit Agreement (Greenway Partners L P), Credit Agreement (Biotime Inc), Credit Agreement (Greenway Partners L P)

AutoNDA by SimpleDocs

Warrant and Warrant Shares. The Warrant, when issued pursuant to this Credit Agreement, will be a duly authorized, valid, and binding obligation of Borrower, enforceable in accordance with its terms. When issued and sold upon the exercise of the Warrant in accordance with its terms, the common shares of the Borrower will be validly issued and outstanding, fully paid and non-assessable.. 1.7.5

Appears in 1 contract

Samples: Line of Credit Agreement (Biotime Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.