Common use of Grant of the Right to Purchase Warrant Shares Clause in Contracts

Grant of the Right to Purchase Warrant Shares. (a) For value received, as payment by the Borrowers of the Fee for the period of March 18, 2013 to March 17, 2014 and, in accordance with the terms of the Loan Agreement and this Warrant, the Company hereby grants to Warrantholder, and Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, from the Company, 206,622 fully paid and non-assessable Warrant Shares at a per share price equal to $5.71 (equal to 100% of the volume-weighted average Closing Market Price per share of Class A Common Stock over the 20 consecutive Trading Days ending on, but excluding, the date hereof).

Grant of the Right to Purchase Warrant Shares. (a) For value received, as payment by the Borrowers of the Fee have elected to pay PIK Interest for the period of March 18April 1, 2013 to March 1731, 2014 and, in accordance with the terms of the Loan Agreement and this Warrant, the Company hereby grants to Warrantholder, and Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, from the Company, 206,622 159,542 fully paid and non-assessable Warrant Shares at a per share price equal to $5.71 (equal to 100% of the volume-weighted average Closing Market Price per share of Class A Common Stock over the 20 consecutive Trading Days ending on, but excluding, the date hereof).

Grant of the Right to Purchase Warrant Shares. (a) For value received, as payment by the Borrowers of the Fee for the period of March 18, 2013 to March 17, 2014 and, in accordance with the terms of the Loan Agreement and this Warrant, the Company hereby grants to Warrantholder, and Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, from the Company, 206,622 264,890 fully paid and non-assessable Warrant Shares at a per share price equal to $5.71 (equal to 100% of the volume-weighted average Closing Market Price per share of Class A Common Stock over the 20 consecutive Trading Days ending on, but excluding, the date hereof).

Grant of the Right to Purchase Warrant Shares. (a) For value received, as payment by the Borrowers of the Fee for the period of March 18, 2013 to March 17, 2014 and, in accordance with the terms of the Loan Agreement and this Warrant, the Company hereby grants to Warrantholder, and Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, from the Company, 206,622 148,355 fully paid and non-assessable Warrant Shares at a per share price equal to $5.71 (equal to 100% of the volume-weighted average Closing Market Price per share of Class A Common Stock over the 20 consecutive Trading Days ending on, but excluding, the date hereof).

Grant of the Right to Purchase Warrant Shares. (a) For value received, as payment by the Borrowers of the Fee have elected to pay PIK Interest for the period of March 18April 1, 2013 to March 1731, 2014 and, in accordance with the terms of the Loan Agreement and this Warrant, the Company hereby grants to Warrantholder, and Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, from the Company, 206,622 204,533 fully paid and non-assessable Warrant Shares at a per share price equal to $5.71 (equal to 100% of the volume-weighted average Closing Market Price per share of Class A Common Stock over the 20 consecutive Trading Days ending on, but excluding, the date hereof).

Grant of the Right to Purchase Warrant Shares. (a) For value received, as payment by the Borrowers of the Fee have elected to pay PIK Interest for the period of March 18April 1, 2013 to March 1731, 2014 and, in accordance with the terms of the Loan Agreement and this Warrant, the Company hereby grants to Warrantholder, and Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, from the Company, 206,622 114,551 fully paid and non-assessable Warrant Shares at a per share price equal to $5.71 (equal to 100% of the volume-weighted average Closing Market Price per share of Class A Common Stock over the 20 consecutive Trading Days ending on, but excluding, the date hereof).