Examples of GP Warrant in a sentence
All GP Warrant Shares have been reserved for issuance and, when issued and delivered on exercise of the GP Warrants and payment therefor in accordance with the GP Warrants or in accordance with the Notes, will be validly authorized, validly issued, fully paid, and nonassessable and will not have been issued in violation of any preemptive right of stockholders.
Any term of this Agreement may be amended or waived only with the written consent of the Company and a majority of the Purchasers, which majority shall include the Lead Purchaser for so long as the GP Warrant and/or any principal remains outstanding under the Lead Purchaser’s Note(s).
Except as contemplated by the Registration Rights Agreement, Contributor acknowledges that Company has no obligation to register or qualify the Acquired Shares or the GP Warrant, or the Common Stock into which the Acquired Shares and/or the GP Warrant may be exercise for resale.
No Holder shall make any disposition of all or any portion of the GP Warrants or GP Warrant Shares except as permitted by the GP Warrants.
The issuance and delivery of the Acquired Shares and the GP Warrant to Contributor have been duly authorized by all requisite corporate action by Company.
Definitions.........................................................30 LIST OF EXHIBITS AND SCHEDULES Exhibit A - Form of Note Exhibit B - Form of GP Warrant Exhibit C - Form of NPDC Warrant Exhibit D - Form of Mortgage Exhibit E - Form of GP Registration Rights Agreement Exhibit F - Form of NPDC Registration Rights Agreement Exhibit G - Form of Indemnity Agreement Exhibit H - Form of Opinion of Andrea Kantor, Esq.
I/We here by declared that we have read and understood the BID and the hard copy of the initialed BID shall be submitted upon finalization as Successful Bidder.
Contributor further acknowledges that if an exemption from registration or qualification is available, it may be conditioned on various requirements including, but not limited to, the time and manner of sale, the holding period for the Acquired Shares and/or the GP Warrant, and on requirements relating to Company which are outside of Contributor’s control, and which Company is under no obligation and may not be able to satisfy.
No such adjustment of the number of GP Warrant Shares deliverable on exercise of the GP Warrants shall be made in connection with the adjustment of the Exercise Price provided for in Section 5.1(d).
On or as soon as practicable after the Spin-Off Date but in no event later than the fifth Business Day after such date, NPDC shall deliver to each GP Warrant Holder an NPDC Warrant Certificate representing the NPDC Warrants to which such GP Warrant Holder is entitled pursuant to this Section 1.4.