Common use of Initial Notes and Initial Warrants Clause in Contracts

Initial Notes and Initial Warrants. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6(a) and 7(a) below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, agrees to purchase from the Company on the Initial Closing Date (as defined below), a principal amount of Initial Notes, as is set forth opposite such Buyer's name in column (3) on the Schedule of Buyers, along with Initial Warrants to acquire that number of Initial Warrant Shares for each $1,000 principal amount of Initial Notes purchased equal to the quotient of (A) $200 divided by (B) the Valuation Price (the "INITIAL CLOSING").

Initial Notes and Initial Warrants. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 1(b), 6(a) and 7(a) below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, agrees to purchase from the Company on the Initial Closing Date (as defined below), a principal amount of Initial Notes, as is set forth opposite such Buyer's name in column (3) on the Schedule of Buyers, along with Initial Warrants to acquire that number of Initial Warrant Shares for each $1,000 principal amount of Initial Notes purchased equal to the quotient of (A) $200 180 divided by (B) the Valuation Price (the "INITIAL CLOSINGInitial Closing").

Initial Notes and Initial Warrants. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6(a) and 7(a) below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, agrees to purchase from the Company on the Initial Closing Date (as defined below), a principal amount of Initial Notes, Notes as is set forth opposite such Buyer's name in column (3) on the Schedule of Buyers, along with Initial Warrants to acquire that number of up to 200 Initial Warrant Shares for each $1,000 principal amount of Initial Notes purchased equal to the quotient of (A) $200 divided by (B) the Valuation Price (the "INITIAL CLOSINGInitial Closing").

Initial Notes and Initial Warrants. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6(a) and 7(a) below, the Company shall issue and sell to each Buyer, and each Buyer severally, but not jointly, agrees to purchase from the Company on the Initial Closing Date (as defined below), a principal amount of Initial Notes, Notes as is set forth opposite such Buyer's ’s name in column (3) on the Schedule of Buyers, along with Initial Warrants to acquire that number of Initial Warrant Shares for each $1,000 principal amount of Initial Notes purchased equal to the quotient of (A) $200 250 divided by (B) the Initial Valuation Price (the "INITIAL CLOSING")Price.