Agent's Units definition

Agent's Units means the units of the Issuer which will be issued as part of the Agent's Fee as set out in this Agreement and which have the terms provided in this Agreement;

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Agent's Units means the Units issued to the Agent as payment of the Agent’s Fee, at the election of the Agent;

Agent's Units has the meaning ascribed thereto in the opening paragraphs of this Agreement;

Examples of Agent's Units in a sentence

• The Agents have offered and will offer, and shall require any Selling Firm to offer, for sale to potential Purchasers on a private placement basis and sell the Units (other than the Agents Units) only in those jurisdictions where they may be lawfully offered for sale or sold.

• For greater certainty, the number of Agents' Units issuable by the Corporation to the Agents shall be unaffected by the President's List Purchasers.

• The shares of Common Stock, when issued and delivered upon conversion of the Series A Preferred Stock or exercise of any of the Warrants, the ESL Option Shares and the Placement Agent's Units, will be duly and validly authorized and issued, fully paid and nonassessable, free from all encumbrances and restrictions other than restrictions on transfer imposed by applicable securities laws and/or this Agreement, and will not subject the holders thereof to personal liability by reason of being such holders.

• In the case of the purchase of less than all the Agent's Units purchasable under any Warrant Certificate, the Company shall cancel said Warrant Certificate and shall execute and deliver a new Warrant Certificate of like tenor for the unexercised balance of the Agent's Warrants.

• The Agents' Units issued as part of the Agents' Fee shall be deemed to be issued at the price of $0.50 per Unit.

• The Company hereby agrees to issue and sell to the Placement Agent (and/or its designees) at the Closing, for an aggregate purchase price of $100.00, an option ("Placement Agent's Purchase Option") to purchase a number of Units equal to that percentage of Units sold in the Offering as set forth on Schedule 1.3 hereto, ("Placement Agent's Units") which percentage will be dependent on the Market Price, at an exercise price equal to 110% of the Market Price, but in any event, not less than $2.69 per Unit.

• Unless the context otherwise requires, all references in this Agreement and the Schedules to this agency agreement (this "Agreement") to Offered Units, Shares, Warrants, Warrant Shares, Agents' Warrants, Agents' Units, Agents' Unit Shares, Agents' Unit Warrants and Agents' Unit Warrant Shares (as such terms are hereinafter defined) shall assume the exercise of the Over- Allotment Option and shall include any such securities issuable as a result of such exercise thereof.

• The Placement Agent's Units shall be identical to the Units sold in the Offering.

More Definitions of Agent's Units

Agent's Units has the meaning given to that term on the third page of this Agreement;

Agent's Units means the units of the Corporation which will be issued upon exercise of the Agents' Warrants, and each such Agents' Unit shall be comprised of one Agents' Unit Share and one Agents' Unit Warrant;

Agent's Units means the Units, if any, to be issued to the Agent on exercise of the Agent's Options;

Agent's Units has the meaning ascribed to that term in paragraph 2.4;

Agent's Units means more than one Agent’s Unit;

Agent's Units has the meaning ascribed thereto on page 2 of this Agreement; “Agent’s Unit Share” has the meaning ascribed thereto on page 2 of this Agreement; “Agent’s Unit Warrant” has the meaning ascribed thereto on page 2 of this Agreement;