Preferred Stock Warrant definition
Examples of Preferred Stock Warrant in a sentence
Neither Party nor its Representatives shall disclose any of the Confidential Information in any manner whatsoever, except as provided in paragraphs 2, 4, and 5 of this Agreement, and shall hold and maintain the Confidential Information in strictest confidence.
In the event the Corporation issues, after February 29, 2004, any common stock, or any Preferred Stock, Warrant or Note convertible into common stock, which has a share price, or an exercise or conversion rate, lower than the conversion rate for this Note, then the conversion rate for this Note shall be reduced to such lower rate, but in no event will the conversion rate be reduced to less than $0.25 per share.
In consideration for, and as an inducement to, Purchaser's purchase of the Preferred Shares hereunder, the Company will issue to Purchaser upon Closing, in connection with and in addition to the applicable number of Preferred Shares, a Warrant (in the form attached hereto as Exhibit E, (the "Preferred Stock Warrant") to purchase 100,000 shares of the Company's Common Stock.
Prior to the exercise of the Warrants evidenced thereby, the holder of a [Common] [Preferred] Stock Warrant Certificate shall not be entitled to any rights of a shareholder of the Company with respect to shares for which the Warrants shall be exercisable, including, without limitation, the right to vote, to receive dividends or other distributions or to exercise any preemptive rights, and shall not be entitled to receive any notice of any proceedings of the Company, except as provided herein.
This Agreement is being executed and delivered in connection with the purchase by NextGen of shares of the Company's preferred stock pursuant to that certain Series C Convertible Preferred Stock and Series C Convertible Preferred Stock Warrant Purchase Agreement, of even date herewith, by and among the Company, NextGen and the other purchasers listed on Exhibit A of that agreement (the "Purchase Agreement").
The Company will take such steps, execute such documents, and reports, and supply such information and take such other actions as Investor or its assigns shall request to permit the sale of any Note, Common Stock, Series C Preferred Stock, Warrant, or shares of Warrant Stock held by the Investor or its assigns pursuant to the exemptions provided by Rules 144 or 144A promulgated under the Securities Act or any other exemption at any time available under any of the Securities Laws.
In the event that the Charter Amendment is not effective on or prior to December 31, 2000, at the option of Axess, the Company and the Corporation shall negotiate in good faith to the end of providing Axess the economic equivalent of the rights provided under the Preferred Stock Warrant and of its right to be issued the Axess Reissue Shares pursuant to this Agreement.
Delaware Series D Preferred Stock Warrant 839,807 shares The Reader’s Digest Association, Inc.
By: Name: Title: By: Name: Title: [Signature Page To Preferred Stock Warrant Agreement] [Form of Legend if Warrants are not immediately exercisable.] [Prior to [●] Warrants evidenced by this Warrant Certificate cannot be exercised.] VOID AFTER [●] P.M., [City] time, ON [●].
Preferred Stock Warrant Agreement] [Form of Legend if Warrants are not immediately exercisable.] [Prior to [●], Warrants evidenced by this Warrant Certificate cannot be exercised.] VOID AFTER [●] P.M., [City] time, ON [●].