Authorization of the Warrant. As of the Closing Date, the Company’s Board of Directors has authorized the issuance by the Company and the sale to the Purchaser of a warrant (the “Warrant”) to purchase 180,000 shares its Common Stock, par value $0.001 per share (the “Common Stock”), all as more fully described, and subject to the conditions set forth below and in the form of Warrant annexed hereto as Exhibit 1. The shares of Common Stock issuable upon exercise of the Warrant are herein referred to as the “Warrant Stock,” and the Warrant and the Warrant Stock are sometimes together referred to as the “Securities.”
Authorization of the Warrant. The Company has authorized the ---------------------------- issuance of a Warrant as part of the consideration for the loan evidenced by the Debenture. The Warrant entitles Purchaser to purchase an aggregate of 2,438,419 shares of the Company's Common Stock, at an exercise price of $1.36 per share, subject to any adjustment as set forth in Section 3.3
Authorization of the Warrant. The Company’s Board of Directors has authorized the issuance by the Company, and the sale to Purchaser, of a Warrant to Purchase Common Stock (the “Warrant”) in respect of One Million (1,000,000) shares of the Company’s Common Stock, par value $0.001 per share, at an exercise price of $3.25 per share, all as more fully described and subject to the conditions set forth below and in the form of Warrant annexed hereto as Schedule A. The Company’s common stock issuable upon exercise of the Warrant is herein referred to as the “Warrant Stock,” and the Warrant and the Warrant Stock are hereinafter sometimes collectively referred to as the “Securities.”
Authorization of the Warrant. The Company has authorized the issuance of Warrants to purchase up to 5,000,000 shares of the Company’s Common Stock, $0.0001 par value per share (“Common Stock”), in the form attached hereto as Exhibit C (the “Warrants”), including up to 4,750,000 shares to Shaar and up to 250,000 shares to TJC on the terms and conditions set forth in this Agreement.
Authorization of the Warrant. The Warrant has been duly authorized by the Company and, when duly executed and delivered by the Company, will constitute a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms, subject to the Enforceability Exceptions.
Authorization of the Warrant. As of the Closing Date, the Company's Board of Directors has authorized the issuance by the Company and the sale to the Purchaser of a warrant (the "Warrant") to purchase 3,000,000 fully paid and nonassessable shares of Common Stock, par value $1.00 per share (the "Common Stock"), of the Company, all as more fully described, and subject to the conditions set forth below and in the form of Warrant annexed hereto as Exhibit 1. The shares of Common Stock issuable upon exercise of the Warrant are herein referred to as the "Warrant Shares;" and the Warrant and the Warrant Shares are sometimes herein together referred to as the "Securities."
Authorization of the Warrant. Purchase and Sale of Debenture 1 1.4 Issuance of Warrants. 2 SECTION 2
