Purchase Warrants definition
Examples of Purchase Warrants in a sentence
The Investor and each Account understands that the offer and sale of the Notes, the Guarantees and the Purchase Warrants have not been registered under the Securities Act or any state securities laws by reason of specific exemptions under the provisions thereof that depend in part upon the representations made by the Investor and each Account in this Agreement.
The Notes and the Purchase Warrants, when issued, will not be of the same class as securities listed on a national securities exchange registered under the Exchange Act or quoted in a U.S. automated inter-dealer quotation system, within the meaning of Rule 144A(d)(3)(i) under the Securities Act.
Upon confirmation by the Escrow Agent of receipt of the wire transfer, on the Closing Date, the Company shall deliver the Base Notes, the Additional Notes, if any, and the Shares through the facilities of The Depository Trust Company (the “DTC”) and shall cause the Warrant Agent to issue and register the Purchase Warrants and the Prefunded Warrants to the Investor.
The Investor and each Account acknowledges and agrees that no public market exists for the Notes or the Purchase Warrants and that there is no assurance that a public market will ever develop for the Notes or the Purchase Warrants.
The Investor and each Account is acquiring the Notes, the Guarantees and the Purchase Warrants solely for the Investor’s or such Account’s own beneficial account, or for an account with respect to which the Investor or such Account exercises sole investment discretion, for investment purposes, and not with a view to, or for resale in connection with, any distribution of the Notes in violation of federal, state or other applicable securities laws.