Common use of Authorization of Common Stock and Warrants Clause in Contracts

Authorization of Common Stock and Warrants. (a) The Company has authorized the sale and issuance to the Purchaser of 2,551,020 shares (the “Shares”) of its Common Stock, par value $ 0.0001 per share (the “Common Stock”), and a warrant to purchase up to 1,275,510 shares of Common Stock at a price per share of US$0.50 (the “Investment Warrant”), such Investment Warrant having the terms set forth in the form attached hereto as Exhibit A.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (O2diesel Corp)

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Authorization of Common Stock and Warrants. (a) The Company has authorized the sale and issuance to issuance, as of the Purchaser date hereof, of 2,551,020 shares (the “Shares”a) an aggregate of its Common Stock, par value $ 0.0001 per share (the “Common Stock”), and a warrant to purchase up to 1,275,510 ______________ shares of Common Stock at a price per share and (b) an aggregate of US$0.50 (approximately ______________ Warrants and has reserved approximately ______________ shares of Common Stock for issuance upon exercise of the “Investment Warrant”), such Investment Warrant having Warrants in accordance with the terms set forth in of the form attached hereto Warrant Agreement (such reserved shares of Common Stock sometimes hereinafter referred to as Exhibit A.the "Warrant Common Stock").

Appears in 1 contract

Samples: Subscription Agreement (Internet Commerce Corp)

Authorization of Common Stock and Warrants. (a) The Company has authorized the sale and issuance to issuance, as of the Purchaser date hereof, of 2,551,020 shares (the “Shares”a) an aggregate of its Common Stock, par value $ 0.0001 per share (the “Common Stock”), and a warrant to purchase up to 1,275,510 333,333 shares of Common Stock at a price per share and (b) an aggregate of US$0.50 (approximately 100,000 Warrants and has reserved approximately 100,000 shares of Common Stock for issuance upon exercise of the “Investment Warrant”), such Investment Warrant having Warrants in accordance with the terms set forth in of the form attached hereto Warrant Agreement (such reserved shares of Common Stock sometimes hereinafter referred to as Exhibit A.the "Warrant Common Stock").

Appears in 1 contract

Samples: Subscription Agreement (Internet Commerce Corp)

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Authorization of Common Stock and Warrants. (a) The Company has authorized the sale and issuance to the Purchaser (a) an aggregate of 2,551,020 shares (the “Shares”) of its Common Stock, par value $ 0.0001 per share (the “Common Stock”), and a warrant to purchase up to 1,275,510 1,730,759 shares of Common Stock at a price per share and (b) an aggregate of US$0.50 (approximately 1,384,600 Warrants and has reserved an aggregate of approximately 1,384,600 shares of Common Stock for issuance upon exercise of the “Investment Warrant”), such Investment Warrant having Warrants in accordance with the terms set forth in of the form attached hereto Warrant Agreement (such reserved shares of Common Stock sometimes hereinafter referred to as Exhibit A.the "Warrant Shares").

Appears in 1 contract

Samples: Subscription Agreement (Internet Commerce Corp)

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