Common use of Issuance of the Warrants Clause in Contracts

Issuance of the Warrants. The Company agrees that on the Closing Date (as defined in the Underwriting Agreement), the Company shall issue to the Underwriter the Warrants entitling the Underwriter to purchase, on the terms and conditions hereinafter set forth, the number of Shares equal to 10% of the total Units sold in the Offering, subject to adjustment as set forth in Section 9 hereof. Each Warrant will entitle the Warrantholder to purchase one share of the Company’s common stock, at the Warrant Price (as defined in Section 7 hereof). The Warrants being sold and issued pursuant to this Agreement shall be evidenced by a Warrant Certificate substantially in the form of Exhibit A hereto (the “Warrant Certificate”).

Issuance of the Warrants. The Company agrees that on the Closing Date (as defined in the Underwriting AgreementAgreements), the Company shall issue to the Underwriter Underwriters the Warrants entitling each of the Underwriter Underwriters to purchase, on the terms and conditions hereinafter set forth, the number of Shares equal to 10% of the total Units Shares sold in the Offering, subject to adjustment as set forth in Section 9 hereof. Each Warrant will entitle the Warrantholder to purchase one share of the Company’s common stock, at the Warrant Price (as defined in Section 7 hereof). The Warrants being sold and issued pursuant to this Agreement shall be evidenced by a Warrant Certificate substantially in the form of Exhibit A hereto (the “Warrant Certificate”).

Issuance of the Warrants. The Company agrees that on the Closing Date (as defined in the Underwriting Agreement), the Company shall issue to the Underwriter Underwriters the Warrants entitling each of the Underwriter Underwriters to purchase, on the terms and conditions hereinafter set forth, the number of Shares equal to 10% of the total Units sold in the Offering, subject to adjustment as set forth in Section 9 hereof. Each Warrant will entitle the Warrantholder to purchase one share of the Company’s common stock, at the Warrant Price (as defined in Section 7 hereof). The Warrants being sold and issued pursuant to this Agreement shall be evidenced by a Warrant Certificate substantially in the form of Exhibit A hereto (the “Warrant Certificate”).