Examples of Series Warrants in a sentence
If for any reason it shall hereafter be determined that the actual amount of Common Stock outstanding as of the Date of Grant caused the calculation of the Exercise Quantity to be erroneous, then the Company or the holder (whichever shall discover such error) shall notify the other of such determination and the Company shall forthwith reissue the Warrant or the Series Warrants, as the case may be, with an appropriate proportional adjustment in said number to be effective from the Date of Grant.
The Common Stock and the 2007 Series Warrants comprising the Units shall be immediately separable upon issuance.
This Warrant may be amended or supplemented only by an instrument in writing signed by the Company and a majority of the holders of all Warrant Shares issuable upon exercise of the Series Warrants.
The Common Stock subscribed for hereunder and issuable upon the exercise of the 2007 Series Warrants, when issued in accordance with the terms hereof and thereof, will be duly authorized, validly issued and non-assessable and free and clear of all taxes, liens, options, calls, contracts, commitments, demands, charges, security interests, encumbrances or restrictions on transfer, other than restrictions on transfer under applicable state and federal securities laws.
SERIES __WARRANT CERTIFICATE This certifies that for value received, _______________, or registered assigns (“Holder”), is the holder of the number of Series______ Warrants (“Warrants”) of iTech Medical, Inc., a Delaware corporation (the “Company”), set forth above.
The money in the Warrant Fund shall be used only to pay principal of, premium (if any) and interest on the Series Warrants as the same becomes due and payable.
The Company hereby acknowledges that the number of Series Warrant Shares constituting the initial number of securities purchasable upon the exercise of the Series Warrants (the "Exercise Quantity") was based upon the Company's representations as to the amount of outstanding Common Stock (on a fully diluted basis excluding shares issuable pursuant to employee and director stock options) on the Date of Grant, as set forth in Securities Purchase Agreement.
This Agreement shall constitute the complete understanding and entire agreement between the parties with respect to the terms and conditions set forth herein, and is intended as a complete and exclusive statement of the promises, representations, negotiations, discussions and agreements that have been made in connection with the subject matter hereof and supersede all previous written or oral agreements and representations.
B and C Series Warrants In a simulation, based on the assumption that there will be no additional capital increases before 2011 and that the total amount of "B" and "C" warrants will be exercised on maturity, the expected dilution of BB’s capital, as per the table below, is 5.4%, of which 2.0% arises from the exercise of B warrants and 3.4% from the exercise of the C warrants.
Principal Securities Agent: The Bank of New York Mellon.Securities Registrar: The Bank of New York Mellon S.A./N.V., Luxembourg branch Securities Transfer Agent: The Bank of New York Mellon S.A./N.V., Luxembourg branch Issuance in Series: Warrants and Certificates will be issued in series (each, a "Series").Each Series may comprise one or more tranches ("Tranches" and each, a "Tranche") issued on different issue dates.