Definition of Registrable Securities; Majority. As used herein, the term “Registrable Securities” means any shares of Common Stock issuable upon the exercise of this Warrant until the date (if any) on which such shares shall have been transferred or exchanged and new certificates for them not bearing a legend restricting further transfer shall have been delivered by the Company and subsequent disposition of the shares shall not require registration or qualification under the Securities Act or any similar state law then in force. For purposes of this Warrant, the term “Majority Holders” shall mean in excess of fifty percent (50%) of the then outstanding Warrant Shares.
Appears in 27 contracts
Samples: Placement Agent Warrant (ClearSign Technologies Corp), Underwriter Warrant (ClearSign Technologies Corp), Placement Agent Warrant (HeartBeam, Inc.)
Definition of Registrable Securities; Majority. As used herein, the term “Registrable Securities” means any shares of Common Stock issuable upon the exercise of this Warrant until the date (if any) on which such shares shall have been transferred or exchanged can be sold without volume restriction by such Holder (and new certificates for them not bearing a legend restricting further transfer shall have been delivered by the Company and subsequent disposition any affiliate of the shares shall not require Holder which whom such Holder must aggregate its sales under Rule 144) without registration or qualification under in compliance with Rule 144 of the Securities Act or any similar state law then Act, assuming the cashless exercise of this Warrant as described in forceSection 3.1(c). For purposes of this Warrant, the term “Majority Holders” shall mean in excess of fifty percent (50%) of the then outstanding Warrant Shares.
Appears in 3 contracts
Samples: Underwriting Agreement (Ideal Power Inc.), Underwriter’s Warrant (Imprimis Pharmaceuticals, Inc.), Ideal Power Inc.
Definition of Registrable Securities; Majority. As used herein, the term “Registrable Securities” means any shares of Common Stock Ordinary Shares issuable upon the exercise of this Warrant until the date (if any) on which such shares shall have been transferred or exchanged and new certificates for them not bearing a legend restricting further transfer shall have been delivered by the Company and subsequent disposition of the shares shall not require registration or qualification under the Securities Act or any similar state law then in force. For purposes of this Warrant, the term “Majority Holders” shall mean in excess of fifty percent (50%) of the then outstanding Warrant Shares.
Appears in 1 contract
Samples: Underwriter Warrant (CBD Energy LTD)
Definition of Registrable Securities; Majority. As used herein, the term “Registrable Securities” means any shares Warrant Shares of Common Stock issuable upon the exercise of this Warrant until the date (if any) on which such shares shall have been transferred or exchanged and new certificates for them not bearing a legend restricting further transfer shall have been delivered by the Company and subsequent disposition of the shares shall not require registration or qualification under the Securities Act or any similar state law then in force. For purposes of this Warrant, the term “Majority Holders” shall mean the holder of in excess of fifty percent (50%) of the then outstanding Warrant Shares.
Appears in 1 contract
Samples: Broker Warrant (PetroShare Corp.)