Common use of DESCRIPTION OF WARRANTS Clause in Contracts

DESCRIPTION OF WARRANTS. Each Warrant shall initially entitle the Warrant Holder to purchase one share of Common Stock on exercise thereof, subject to modification and adjustment as hereinafter provided in Section 10. Warrant Certificates representing up to ________ Warrants and evidencing the right to purchase an aggregate of up to ____________ shares of Common Stock of the Company shall be executed by the proper officers of the Company. The Company shall deliver Warrant Certificates in required whole number denominations to the person entitled thereto in connection with the original issuance of Warrant Certificates or any transfer or exchange permitted under this Agreement.

Appears in 3 contracts

Samples: Warrant Agreement (Fieldpoint Petroleum Corp), Warrant Agreement (Fieldpoint Petroleum Corp), Warrant Agreement (Fieldpoint Petroleum Corp)

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DESCRIPTION OF WARRANTS. Each Warrant shall initially entitle the Warrant Holder to purchase one share of Common Stock on exercise thereof, subject to modification and adjustment as hereinafter provided in Section 10. Warrant Certificates representing up to ________ 2,000,000 Warrants and evidencing the right to purchase an aggregate of up to ____________ 2,000,000 shares of Common Stock of the Company shall be executed by the proper officers of the Company. The Company shall deliver Warrant Certificates in required whole number denominations to the person entitled thereto in connection with the original issuance of Warrant Certificates or any transfer or exchange permitted under this Agreement.

Appears in 2 contracts

Samples: Warrant Agreement (Ec Power Inc), Warrant Agreement (Ec Power Inc)

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DESCRIPTION OF WARRANTS. Each Warrant shall initially entitle the Warrant Holder to purchase one share of Common Stock on exercise thereof, subject to modification and adjustment as hereinafter provided in Section 10. Warrant Certificates representing up to ________ 1,150,000 Warrants and evidencing the right to purchase an aggregate of up to ____________ 575,000 shares of Common Stock of the Company shall be executed by the proper officers of the Company. The Company shall deliver Warrant Certificates in required whole number denominations to the person entitled thereto in connection with the original issuance of Warrant Certificates or any transfer or exchange permitted under this Agreement.

Appears in 1 contract

Samples: Warrant Agreement (Firstlink Communications Inc)

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