Examples of Investor Warrants in a sentence
Any shares of Common Stock reserved and allocated to any Person which ceases to hold any Investor Warrants shall be allocated to the remaining holders of Investor Warrants, pro rata based on the number of shares of Common Stock issuable upon exercise of the Investor Warrants then held by such holders (without regard to any limitations on exercise).
The Company shall honor exercises of the Investor Warrants and shall deliver Investor Warrant Shares in accordance with the terms, conditions and time periods set forth in the Transaction Documents.
The Required Reserve Amount (including, without limitation, each increase in the number of shares so reserved) shall be allocated pro rata among the holders of the Investor Warrants based on number of shares of Common Stock issuable upon exercise of Investor Warrants held by each holder on the Issuance Date (without regard to any limitations on exercise) or increase in the number of reserved shares, as the case may be (the “Authorized Share Allocation”).
The form of Notice of Exercise included in the Investor Warrants sets forth the totality of the procedures required of the Purchasers in order to exercise the Investor Warrants.
No additional legal opinion, other information or instructions shall be required of the Purchasers to exercise their Investor Warrants.