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Common use of per Unit Clause in Contracts

per Unit. Fees The Issuer, in its sole discretion, may pay finder's fees to certain arm's length parties (the "Finders") in connection with the completion of the Offering and in accordance with application securities laws. Such finder's fee will be equal to 6% of the aggregate subscription proceeds realized from the sale of the Units by the respective Finder, payable in cash only, and broker’s Warrants equal to 6% of the aggregate Units sold by the applicable Finder. Each broker’s warrant will be exercisable into one single common Share (a “Warrant Share”) at a price of US$0.25 per Warrant Share for a period of eighteen (18) months following closing of the Offering. Warrants The Warrants will be issued and registered in the name of the purchasers or their nominees. The Warrants will be non-transferable subject to resale restrictions and legends. The certificates representing the Warrants will, among other things, include provisions for the appropriate adjustment in the class, number and price of the Warrant Shares issued upon exercise of the Warrants upon the occurrence of certain events, including any subdivision, consolidation or reclassification of the Issuer’s common shares, the payment of stock dividends and the amalgamation of the Issuer. In the event that the Issuer’s common shares, at any time after 6 months and 1 day have elapsed from the issuance of the Warrants, as listed on a Principal Canadian Market – currently the Canadian Securites Exchange under the symbol “LXX” has been at or above CDN$0.60 for a period of 20 consecutive trading days, the Issuer may, within five (5) days thereafter issue to the Warrant holders a written notice advising of the accelerated expiry of the Warrants. Such written notice shall identify in reasonable detail the particulars of the acceleration event and identify the date (the "Warrant Accelerated Expiry Date") set for accelerated expiry, which in no event shall be less than 30 days after the mailing date of the written notice. For greater certainty, all Warrants shall expire and be of no further force or effect as of 4:30 pm (Pacific Time) on the Warrant Accelerated Expiry Date. Selling Jurisdictions The Units may be sold in the provinces of Canada and in certain overseas jurisdictions as the Issuer may determine and in the United States in accordance with available exemptions (the “Selling Jurisdictions”). Exemptions The Offering will be made in accordance with the following exemptions from the prospectus requirements:

Appears in 2 contracts

Samples: Private Placement Subscription Agreement (Lexaria Corp.), Private Placement Subscription Agreement (Lexaria Corp.)

per Unit. Fees The IssuerIssuer may, in its sole discretion, may pay finder's fees to certain arm's length parties (comprised of an 8% cash commission payable either in cash or shares at the "Finders") in connection with the completion option of the Offering and in accordance with application securities laws. Such finder's fee will be equal to 6% of the aggregate subscription proceeds realized from the sale of the Units by the respective Finder, payable in cash only, and broker’s Warrants equal to 68% of the aggregate Units sold by the applicable Finder. Each broker’s warrant will be exercisable into one single common Share (a “Warrant Share”) at a price of US$0.25 per Warrant Share in shares for a period of eighteen (18) months following closing of the Offeringsubscriptions received. Warrants The Warrants will be issued and registered in the name of the purchasers or their nominees. The Warrants will be non-transferable subject to resale restrictions and legends. The certificates representing the Warrants will, among other things, include provisions for the appropriate adjustment in the class, number and price of the Warrant Shares issued upon exercise of the Warrants upon the occurrence of certain events, including any subdivision, consolidation or reclassification of the Issuer’s common shares, the payment of stock dividends and the amalgamation of the Issuer. In the event that the Issuer’s common shares, at any time after 6 months and 1 day have elapsed from the issuance of the Warrants, as listed on a Principal Canadian Market – currently the Canadian Securites Exchange under the symbol “LXX” has been at or above CDN$0.60 CDN$0.40 for a period of 20 consecutive trading days, the Issuer may, within five (5) days thereafter issue to the Warrant holders a written notice advising of the accelerated expiry of the Warrants. Such written notice shall identify in reasonable detail the particulars of the acceleration event and identify the date (the "Warrant Accelerated Expiry Date") set for accelerated expiry, which in no event shall be less than 30 days after the mailing date of the written notice. For greater certainty, all Warrants shall expire and be of no further force or effect as of 4:30 pm (Pacific Time) on the Warrant Accelerated Expiry Date. Selling Jurisdictions The Units may be sold in the provinces of Canada and in certain overseas jurisdictions as the Issuer may determine and in the United States in accordance with available exemptions (the “Selling Jurisdictions”). Exemptions The Offering will be made in accordance with the following exemptions from the prospectus requirements:

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Lexaria Corp.)

per Unit. Fees The Issuer, in its sole discretion, may pay finder's fees to certain arm's length parties (the "Finders") in connection with the completion of the Offering and in accordance with application securities laws. Such finder's fee will be equal up to 67% of the aggregate subscription proceeds realized from the sale of the Units by the respective Finder, payable in cash only, and brokerXxxxxx’s Warrants equal warrants up to 67% of the aggregate Units sold by the applicable Finder. Each broker’s warrant will be exercisable into one single common Share (a "Warrant Share") at a price of US$0.25 0.15 per Warrant Share for a period of eighteen (18) months following closing of the Offering. Warrants The Warrants will be issued and registered in the name of the purchasers or their nominees. The Warrants will be non-transferable subject to resale restrictions and legendslegends and written Issuer approval, in advance. The certificates representing the Warrants will, among other things, include provisions for the appropriate adjustment in the class, number and price of the Warrant Shares issued upon exercise of the Warrants upon the occurrence of certain events, including any subdivision, consolidation or reclassification of the Issuer’s common shares, the payment of stock dividends and the amalgamation of the Issuer. In the event that the Issuer’s common shares, at any time after 6 months and 1 day have elapsed from the issuance of the Warrants, as listed on a Principal Canadian Market – currently the Canadian Securites Exchange under the symbol “LXX” has been at or above CDN$0.60 for a period of 20 consecutive trading days, the Issuer may, within five (5) days thereafter issue to the Warrant holders a written notice advising of the accelerated expiry of the Warrants. Such written notice shall identify in reasonable detail the particulars of the acceleration event and identify the date (the "Warrant Accelerated Expiry Date") set for accelerated expiry, which in no event shall be less than 30 days after the mailing date of the written notice. For greater certainty, all Warrants shall expire and be of no further force or effect as of 4:30 pm (Pacific Time) on the Warrant Accelerated Expiry Date. Selling Jurisdictions The Units may be sold in the provinces of Canada and in certain overseas jurisdictions as the Issuer may determine and in the United States in accordance with available exemptions (the "Selling Jurisdictions"). Exemptions The Offering will be made in accordance with the following exemptions from the prospectus requirements:

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Lexaria Corp.)

per Unit. Fees The Issuer, in its sole discretion, may pay finder's fees to certain arm's length parties (the "Finders") in connection with the completion of the Offering and in accordance with application securities laws. Such finder's fee will be equal to 6% of the aggregate subscription proceeds realized from the sale of the Units by the respective Finder, payable in cash only, and broker’s Warrants equal to 6% of the aggregate Units sold by the applicable Finder. Each broker’s warrant will be exercisable into one single common Share (a “Warrant Share”) at a price of US$0.25 per Warrant Share for a period of eighteen (18) months following closing of the Offering. Warrants The Warrants will be issued and registered in the name of the purchasers or their nominees. The Warrants will be non-transferable subject to resale restrictions and legends. The certificates representing the Warrants will, among other things, include provisions for the appropriate adjustment in the class, number and price of the Warrant Shares issued upon exercise of the Warrants upon the occurrence of certain events, including any subdivision, consolidation or reclassification of the Issuer’s common shares, the payment of stock dividends and the amalgamation of the Issuer. In the event that the Issuer’s common shares, at any time after 6 4 months and 1 day have elapsed from the issuance of the Warrants, as listed on a Principal Canadian Market – currently the Canadian Securites Exchange under the symbol “LXXTOP” has been at or above CDN$0.60 CDN$0.30 for a period of 20 consecutive trading days, the Issuer may, within five (5) days thereafter issue to the Warrant holders a written notice advising of the accelerated expiry of the Warrants. Such written notice shall identify in reasonable detail the particulars of the acceleration event and identify the date (the "Warrant Accelerated Expiry Date") set for accelerated expiry, which in no event shall be less than 30 days after the mailing date of the written notice. For greater certainty, all Warrants shall expire and be of no further force or effect as of 4:30 pm (Pacific Time) on the Warrant Accelerated Expiry Date. Selling Jurisdictions The Units may be sold in the provinces of Canada and in certain overseas jurisdictions as the Issuer may determine and in the United States in accordance with available exemptions (the “Selling Jurisdictions”). Exemptions The Offering will be made in accordance with the following exemptions from the prospectus requirements:

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Enertopia Corp.)

per Unit. Fees The Issuer, in its sole discretion, may pay finder's fees to certain arm's length parties (the "Finders") in connection with the completion of the Offering and in accordance with application securities laws. Such finder's fee will be equal to 6% of the aggregate subscription proceeds realized from the sale of the Units by the respective Finder, payable in cash only, and broker’s Warrants equal to 6% of the aggregate Units sold by the applicable Finder. Each broker’s warrant will be exercisable into one single common Share (a “Warrant Share”) at a price of US$0.25 per Warrant Share for a period of eighteen (18) months following closing of the Offering. Warrants The Warrants will be issued and registered in the name of the purchasers or their nominees. The Warrants will be non-transferable subject to resale restrictions and legends. The certificates representing the Warrants will, among other things, include provisions for the appropriate adjustment in the class, number and price of the Warrant Shares issued upon exercise of the Warrants upon the occurrence of certain events, including any subdivision, consolidation or reclassification of the Issuer’s common shares, the payment of stock dividends and the amalgamation of the Issuer. In the event that the Issuer’s common shares, at any time after 6 4 months and 1 day have elapsed from the issuance of the Warrants, as listed on a Principal Canadian Market – currently the Canadian Securites Exchange under the symbol “LXXTOP” has been at or above CDN$0.60 CDN$0.30 for a period of 20 consecutive trading days, the Issuer may, within five (5) days thereafter issue to the Warrant holders a written notice advising of the accelerated expiry of the Warrants. Such written notice shall identify in reasonable detail the particulars of the acceleration event and identify the date (the "Warrant Accelerated Expiry Date") set for accelerated expiry, which in no event shall be less than 30 days after the mailing date of the written notice. For greater certainty, all Warrants shall expire and be of no further force or effect as of 4:30 pm (Pacific Time) on the Warrant Accelerated Expiry Date. Selling Jurisdictions The Units may be sold in the provinces of Canada and in certain overseas jurisdictions as the Issuer may determine and in the United States in accordance with available exemptions (the “Selling Jurisdictions”). Exemptions The Offering will be made in accordance with the following exemptions from the prospectus requirements:: (a) the “offering memorandum” exemption found in section 2.9 of National Instrument 45-106 Prospectus and Registration Exemptions;

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Enertopia Corp.)

per Unit. Fees The Issuer, in its sole discretion, may pay finder's fees to certain arm's length parties (the "Finders") in connection with the completion of the Offering and in accordance with application securities laws. Such finder's fee will be equal up to 67% of the aggregate subscription proceeds realized from the sale of the Units by the respective Finder, payable in cash only, and brokerXxxxxx’s Warrants equal warrants up to 67% of the aggregate Units sold by the applicable Finder. Each broker’s warrant will be exercisable into one single common Share (a "Warrant Share") at a price of US$0.25 0.14 per Warrant Share for a period of eighteen (18) months following closing of the Offering. Warrants The Warrants will be issued and registered in the name of the purchasers or their nominees. The Warrants will be non-transferable subject to resale restrictions and legendslegends and written Issuer approval, in advance. The certificates representing the Warrants will, among other things, include provisions for the appropriate adjustment in the class, number and price of the Warrant Shares issued upon exercise of the Warrants upon the occurrence of certain events, including any subdivision, consolidation or reclassification of the Issuer’s common shares, the payment of stock dividends and the amalgamation of the Issuer. In the event that the Issuer’s common shares, at any time after 6 months and 1 day have elapsed from the issuance of the Warrants, as listed on a Principal Canadian Market – currently the Canadian Securites Exchange under the symbol “LXX” has been at or above CDN$0.60 for a period of 20 consecutive trading days, the Issuer may, within five (5) days thereafter issue to the Warrant holders a written notice advising of the accelerated expiry of the Warrants. Such written notice shall identify in reasonable detail the particulars of the acceleration event and identify the date (the "Warrant Accelerated Expiry Date") set for accelerated expiry, which in no event shall be less than 30 days after the mailing date of the written notice. For greater certainty, all Warrants shall expire and be of no further force or effect as of 4:30 pm (Pacific Time) on the Warrant Accelerated Expiry Date. Selling Jurisdictions The Units may be sold in the provinces of Canada and in certain overseas jurisdictions as the Issuer may determine and in the United States in accordance with available exemptions (the "Selling Jurisdictions"). Exemptions The Offering will be made in accordance with the following exemptions from the prospectus requirements:

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Lexaria Bioscience Corp.)

per Unit. Fees The Issuer, in its sole discretion, may pay finder's fees to certain arm's length parties (the "Finders") in connection with the completion of the Offering and in accordance with application securities laws. Such finder's fee will be equal to 6not more than 7% of the aggregate subscription proceeds realized from the sale of the Units by the respective Finder, payable in cash only, and broker’s Warrants equal to 6of not more than 7% of the aggregate Units sold by the applicable Finder. Each broker’s warrant will be exercisable into one single common Share (a “Warrant Share”) at a price of US$0.25 0.20 per Warrant Share for a period of eighteen twenty-four (1824) months following closing of the Offering. Warrants The Warrants will be issued and registered in the name of the purchasers or their nominees. The Warrants will be non-transferable subject to resale restrictions and legends. The certificates representing the Warrants will, among other things, include provisions for the appropriate adjustment in the class, number and price of the Warrant Shares issued upon exercise of the Warrants upon the occurrence of certain events, including any subdivision, consolidation or reclassification of the Issuer’s common shares, the payment of stock dividends and the amalgamation of the Issuer. In the event that the Issuer’s common shares, at any time after 6 months and 1 day have elapsed from the issuance of the Warrants, as listed on a Principal Canadian Market – currently the Canadian Securites Exchange under the symbol “LXX” has been at or above CDN$0.60 for a period of 20 consecutive trading days, the Issuer may, within five (5) days thereafter issue to the Warrant holders a written notice advising of the accelerated expiry of the Warrants. Such written notice shall identify in reasonable detail the particulars of the acceleration event and identify the date (the "Warrant Accelerated Expiry Date") set for accelerated expiry, which in no event shall be less than 30 days after the mailing date of the written notice. For greater certainty, all Warrants shall expire and be of no further force or effect as of 4:30 pm (Pacific Time) on the Warrant Accelerated Expiry Date. Selling Jurisdictions The Units may be sold in the provinces of Canada and in certain overseas jurisdictions as the Issuer may determine and in the United States in accordance with available exemptions (the “Selling Jurisdictions”). Exemptions The Offering will be made in accordance with the following exemptions from the prospectus requirements:

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Lexaria Corp.)

per Unit. Fees The IssuerEach Class A Warrant entitles the holder thereof to purchase, in its sole discretionat an exercise price of U.S. $1.50, may pay finder's fees to certain arm's length parties (at any time after the "Finders") in connection with the completion closing of the Offering and in accordance with application securities laws. Such finder's fee will be equal to 6% of the aggregate subscription proceeds realized from the sale of the Units by pursuant to this Agreement and until December 31, 1998, one share of Common Stock, one Class B Common Stock Purchase Warrant (each, a "Class B Warrant" and collectively, the respective Finder"Class B Warrants") and one Class C Common Stock Purchase Warrant (each, payable in cash onlya "Class C Warrant" and collectively, and broker’s Warrants equal to 6% of the aggregate Units sold by the applicable Finder"Class C Warrants"). Each broker’s warrant will be exercisable into Class B Warrant entitles the holder thereof to purchase at an exercise of U.S. $1.50, at any time from the date of issuance thereof to March 31, 1999, one single common Share (a “share of Common Stock. Each Class C Warrant Share”) entitles the holder thereof to purchase at a an exercise price of US$0.25 per Warrant Share for U.S. $1.50, at any time from the date of issuance thereof until June 30, 1999, one share of Common Stock. The Class A Warrants, the Class B Warrants and the Class C Warrants (collectively, the "Warrants" and each, a period of eighteen (18"Warrant") months following closing of the Offering. Warrants The Warrants will be issued and registered in pursuant to a Warrant Agreement (the name "Warrant Agreement") to be dated as of the purchasers or their nomineesClosing Date (as hereinafter defined) by and among the Company, the Purchaser and __________________________, as warrant agent (the "Warrant Agent"). The Warrants Company also proposes to issue and sell to the Purchaser for its own account and the accounts of its designees, warrants (the "Purchaser's Warrants") to purchase an aggregate of 500,000 shares (collectively, the "Purchaser Warrant Shares"), which sale will be non-transferable subject consummated in accordance with the terms and conditions of the form of Purchaser's Warrant Agreement filed as an exhibit to resale restrictions and legendsthe Registration Statement (the "Purchaser's Warrant Agreement"). The certificates representing the Warrants will, among other things, include provisions for the appropriate adjustment in the class, number and price shares of the Warrant Shares issued Common Stock issuable upon exercise of the Warrants upon and the occurrence of certain events, including any subdivision, consolidation or reclassification of Purchaser's Warrant Shares are hereinafter sometimes referred to as the Issuer’s common shares"Warrant Shares." The Units, the payment shares of stock dividends and Common Stock included in the amalgamation of Units (hereinafter sometimes the Issuer. In the event that the Issuer’s common shares"Unit Shares"), at any time after 6 months and 1 day have elapsed from the issuance of the Warrants, as listed on a Principal Canadian Market – currently the Canadian Securites Exchange under Purchaser's Warrants, and the symbol “LXX” has been at or above CDN$0.60 for a period of 20 consecutive trading daysWarrant Shares (collectively, the Issuer may, within five (5) days thereafter issue to the Warrant holders a written notice advising of the accelerated expiry of the Warrants. Such written notice shall identify in reasonable detail the particulars of the acceleration event and identify the date (the "Warrant Accelerated Expiry DateSecurities") set for accelerated expiry, which in no event shall be less than 30 days after the mailing date of the written notice. For greater certainty, all Warrants shall expire and be of no further force or effect as of 4:30 pm (Pacific Time) on the Warrant Accelerated Expiry Date. Selling Jurisdictions The Units may be sold are more fully described in the provinces of Canada Registration Statement and in certain overseas jurisdictions the Prospectus, as the Issuer may determine and in the United States in accordance with available exemptions (the “Selling Jurisdictions”)defined below. Exemptions The Offering will be made in accordance Company hereby confirms its agreement with the following exemptions from the prospectus requirementsPurchaser as follows:

Appears in 1 contract

Samples: International Purchase Agreement (Immtech International Inc)