Conversion Warrants definition
Examples of Conversion Warrants in a sentence
Simultaneously with the execution of this Agreement, the Company shall deliver the Convertible Debenture and the Conversion Warrants (which shall have been duly authorized, issued and executed I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee).
The Preferred Stock, the Conversion Shares, the Conversion Warrants, the Preferred Warrants, and the Warrant Shares will be issued free of any preemptive rights.
The Company shall at all times while this Warrant is outstanding, but only prior to the consummation of a Spin-Off and satisfaction of the Company’s obligations pursuant to Section 3.3(b), retain ownership of at least that number of shares of DSW Stock sufficient to permit exercise in full of this Warrant and any other outstanding Conversion Warrants and Term Loan Warrants for shares of DSW Stock.
Subscriber subscribes for shares of Preferred Stock (in the amount of $10,000 per Share) and the accompanying Conversion Warrants and Preferred Warrants against payment by wire transfer in the amount of $__________ ("Purchase Price").
The Preferred Stock, and the Preferred Warrants and the Conversion Warrants, when issued, sold and delivered in accordance with the terms hereof, for the consideration expressed herein, will be validly issued, fully paid and nonassessable and, based in part upon the representations of Subscriber in this Agreement, will be issued in compliance with all applicable U.S. federal and state securities laws.