Common use of Purchase and Sale of Warrant Clause in Contracts

Purchase and Sale of Warrant. Subject to the terms and conditions of this Agreement, the Investor agrees to purchase and the Company agrees to sell and issue to the Investor at the Closing, a warrant in the form attached hereto as Exhibit B (the "Warrant") to purchase shares of a series of the Company's Common Stock. In addition to the Notes, Investor will receive warrant coverage (“Warrants”) for 1,080,000 Shares at $0.45 per Share, which includes a cashless exercise feature. The Warrants will be exercisable on any date from and including the four-year anniversary of the date of this Agreement and the five-year anniversary thereof.

Appears in 1 contract

Samples: Convertible Promissory Note and Warrant Purchase Agreement (VG Life Sciences Inc.)

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Purchase and Sale of Warrant. Subject to the terms and conditions of this Agreement, the Investor agrees to purchase and the Company agrees to sell and issue to the Investor at the Closing, a warrant in the form attached hereto as Exhibit B (the "Warrant") to purchase shares of a series of the Company's Common Stock. In addition to the Notes, Investor will receive warrant coverage (“Warrants”) for 1,080,000 880,000 Shares at $0.45 per Share, which includes a cashless exercise feature. The Warrants will be exercisable on any date from and including the four-year anniversary of the date of this Agreement and the five-year anniversary thereof.

Appears in 1 contract

Samples: Convertible Promissory Note and Warrant Purchase Agreement (VG Life Sciences, Inc.)

Purchase and Sale of Warrant. Subject to the terms and conditions of this Agreement, the Investor agrees to purchase and the Company agrees to sell and issue to the Investor at the Closing, a warrant in the form attached hereto as Exhibit B (the "Warrant") to purchase shares of a series of the Company's Common Stock. In addition to the Notes, Investor will receive warrant coverage (“Warrants”) for 1,080,000 40,000 Shares at $0.45 per Share, which includes a cashless exercise feature. The Warrants will be exercisable on any date from and including the four-year anniversary of the date of this Agreement and the five-year anniversary thereof.

Appears in 1 contract

Samples: Convertible Promissory Note and Warrant Purchase Agreement (VG Life Sciences Inc.)

Purchase and Sale of Warrant. Subject to the terms and conditions of this Agreement, the Investor agrees to purchase and the Company agrees to sell and issue to the Investor at the Closing, a warrant in the form attached hereto as Exhibit B (the "Warrant") to purchase shares of a series of the Company's Common Stock. In addition to the Notes, Investor will receive warrant coverage (“Warrants”) for 1,080,000 300,000 Shares at $0.45 per Share, which includes a cashless exercise feature. The Warrants will be exercisable on any date from and including the four-year anniversary of the date of this Agreement and the five-year anniversary thereof.

Appears in 1 contract

Samples: Convertible Promissory Note and Warrant Purchase Agreement (VG Life Sciences Inc.)

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Purchase and Sale of Warrant. Subject to the terms and conditions of this Agreement, the Investor agrees to purchase and the Company agrees to sell and issue to the Investor at the Closing, a warrant in the form attached hereto as Exhibit B (the "Warrant") to purchase shares of a series of the Company's Common Stock. In addition to the Notes, Investor will receive warrant coverage (“Warrants”) for 1,080,000 120,000 Shares at $0.45 per Share, which includes a cashless exercise feature. The Warrants will be exercisable on any date from and including the four-year anniversary of the date of this Agreement and the five-year anniversary thereof.

Appears in 1 contract

Samples: Convertible Promissory Note and Warrant Purchase Agreement (VG Life Sciences, Inc.)

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