Conditional Warrant definition

Conditional Warrant shall have the meaning assigned to such term in Section 2.2 hereof.
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Conditional Warrant means the Common Stock purchase warrant in the form of Exhibit A which is issuable to the Investor at the Closing.
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Conditional Warrant means that certain Conditional Warrant, by and ------------------- between the Company and the Purchaser, dated as of the date hereof, pursuant to which the Additional Debentures and Additional Warrants are issuable and any Conditional Warrant issued by the Company in replacement of the current Conditional Warrant or as a balance Conditional Warrant in connection with the exercise of a portion of the Conditional Warrant or any subsequent Conditional Warrant related thereto.
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Examples of Conditional Warrant in a sentence

  • There are currently no preemptive rights of any stockholder of the Company, as such, to acquire the Initial Shares, the Initial Warrants or the Conditional Warrant, or the Common Stock issuable to the Purchaser pursuant to the terms of the Initial Shares, the Initial Warrants, and, if the Conditional Warrant is exercised, the Additional Shares and the Additional Warrant.

  • So long as any portion of the Initial Shares, the Initial Warrants, the Conditional Warrant, the Additional Shares, or the Additional Warrants remain outstanding, the Company agrees that it shall not (a) declare or pay any dividends or make any distributions to any holder or holders of Common Stock, or (b) purchase or otherwise acquire for value, directly or indirectly, any shares of Common Stock or equity security of the Company.

  • The Company has the requisite corporate power and authority to enter into this Agreement and the Registration Rights Agreement, and to issue and deliver the Initial Shares, the Initial Warrants, the Conditional Warrant and the Common Stock issuable upon conversion of, or in lieu of dividend payments on, (i) the Initial Shares and the exercise of the Initial Warrants, and (ii) if the Conditional Warrant is exercised, the conversion of the Additional Shares and the Additional Warrants.

  • The Company has available a sufficient number of authorized and unissued shares of Common Stock as may be necessary to effect (i) the conversion of the Initial Shares and the exercise of the Initial Warrants, and (ii) if the Conditional Warrant is exercised, the conversion of the Additional Shares and the exercise of the Additional Warrants.

  • The Company understands and acknowledges the potentially dilutive effect to the Common Stock of the issuance of shares of Common Stock upon (i) conversion of the Initial Debentures and the exercise of the Initial Warrants and (ii) if the Conditional Warrant is exercised, the conversion of the Additional Debentures and the exercise of the Additional Warrants.

  • Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to issue and sell to the Purchaser, the Conditional Warrant for a purchase price of one hundred dollars ($100), which shall be payable on the Initial Closing Date in immediately available funds.

  • The Company has legally available a sufficient number of authorized and unissued shares of Common Stock as may be necessary to effect (i) the conversion of the Initial Debentures and the exercise of the Warrants, and (ii) if the Conditional Warrant is exercised, conversion of or in lieu of interest payments on, the Additional Debentures and upon exercise of the Additional Warrants.

  • This Agreement shall inure to the benefit of, and be binding upon the successors and assigns of each of the parties hereto, including any transferees of the Initial Shares, the Initial Warrants, the Conditional Warrant, and, if the Conditional Warrant shall be exercised, the Additional Shares and the Additional Warrants.

  • The Company understands and acknowledges the potentially dilutive effect to the Common Stock of the issuance of shares of Common Stock upon the (i) conversion of the Initial Shares and the exercise of the Initial Warrants, and (ii) if the Conditional Warrant is exercised, the conversion of the Additional Shares and the exercise of the Additional Warrants.

  • The Company agrees that neither the Company nor anyone acting on its behalf will offer any of the Preferred Stock, the Stock Purchase Warrants or the Conditional Warrant, or any similar securities for issuance or sale, or solicit any offer to acquire any of the same from anyone so as to render the issuance and sale of such securities subject to the registration requirements of the Securities Act.