WARRANTS AND NOTES Clause Samples
The "Warrants and Notes" clause defines the terms and conditions under which a company issues warrants (rights to purchase shares at a set price) and promissory notes (debt instruments) to investors or other parties. This clause typically outlines the specific rights attached to the warrants, such as exercise price, expiration date, and conversion features, as well as the repayment terms, interest rates, and maturity dates for the notes. By clearly specifying these details, the clause ensures both parties understand their rights and obligations, thereby reducing the risk of disputes and providing a clear framework for future financial transactions.
WARRANTS AND NOTES. The Company shall have delivered the originally executed Warrants (in such denominations as each Purchaser may request) to the Purchasers and shall have delivered the originally executed Notes (in such denominations as each Purchaser may request) to the Purchasers that are being acquired by the Purchasers at the Closing.
WARRANTS AND NOTES. At the Closing, the Company shall have delivered the originally executed Warrants (in such denominations as each Purchaser may request) to the Purchasers. At the Closing, the Company shall have delivered the originally executed Notes (in such denominations as each Purchaser may request) to the Purchasers being acquired by the Purchasers at the Closing.
WARRANTS AND NOTES. If a Lender is unable to locate an original Note or Warrant, a Lender can tender an affidavit of lost Note or Warrant in lieu of delivering the original Note or Warrant.
WARRANTS AND NOTES. On or before October 29, 1999, Borrowers shall deliver the following to Agent:
(a) Warrants issued to Agent in form and substance satisfying to Agent representing Agent's right to purchase Capital Stock of LTC in an amount designated in the Term Sheet dated as of October ___, 1999 entered into between Borrowers and Agent, which warrants shall contain registration rights, put rights, tag-a-long rights, anti-dilution provisions, and such other terms and conditions as shall be acceptable to Agent including, without limitation, the right to cashless exercise and (b) duly executed amended and restated Revolving Credit Notes for each Lender, in an amount equal to the applicable each Lender's Commitment Percentage of Revolving Advances."
(h) Each Lender's Commitment Percentage shall be amended to read as set forth below its signature to Amendment No. 5.