Common use of Purchase of Notes and Warrants Clause in Contracts

Purchase of Notes and Warrants. (i) Subject to the satisfaction (or waiver) of the conditions set forth in Sections 10 and 11 below, the Company shall issue and sell to each Initial Purchaser, and each Initial Purchaser severally, but not jointly, agrees to purchase from the Company on the Closing Date, (x) a principal amount of Notes as is set forth opposite such Initial Purchaser's name in column (3) on the Schedule of Purchasers and (x) Warrants to acquire up to that number of Warrant Shares as is set forth opposite such Initial Purchaser's name in column (4) on the Schedule of Purchasers (the "CLOSING").

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Artistdirect Inc)

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Purchase of Notes and Warrants. (i) Subject to the satisfaction (or waiver) of the conditions set forth in Sections 10 6 and 11 7 below, on the Closing Date (as defined below), the Company shall issue and sell to each Initial PurchaserBuyer, and each Initial Purchaser Buyer severally, but not jointly, agrees to purchase from the Company on the Closing DateCompany, (xA) a one or more Notes with an aggregate principal amount of Notes as is set forth opposite such Initial Purchaser's Buyer’s name in column (3) on the Schedule of Purchasers Buyers and (xB) one or more Initial Warrants to acquire up to that number of Warrant Shares as is set forth opposite such Initial Purchaser's Buyer’s name in column (4) on the Schedule of Purchasers Buyers (the "CLOSING"“Closing”).

Appears in 1 contract

Samples: Securities Purchase Agreement (Telkonet Inc)

Purchase of Notes and Warrants. (i) Subject to the satisfaction (or waiver) of the conditions set forth in Sections 10 6 and 11 7 below, (i) the Company shall issue and sell to each Initial PurchaserBuyer, and each Initial Purchaser Buyer severally, but not jointly, agrees to purchase purchase, as set forth in Section 1(e), from the Company on the Closing DateDate (as defined below), (xA) a principal amount of Notes as is set forth opposite such Initial Purchaser's Buyer’s name in column (3) on the Schedule of Purchasers Buyers, and (xB) Warrants to acquire up to that number of Warrant Shares as is set forth opposite such Initial Purchaser's Buyer’s name in column (4) on the Schedule of Purchasers Buyers (the "CLOSING"“Closing”).

Appears in 1 contract

Samples: Securities Purchase Agreement (Stinger Systems, Inc)

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Purchase of Notes and Warrants. (i) Subject to the satisfaction (or waiver) of the conditions set forth in Sections 10 6 and 11 7 below, on the Closing Date (as defined below), the Company shall issue and sell to each Initial PurchaserBuyer, and each Initial Purchaser Buyer severally, but not jointly, agrees to purchase from the Company on the Closing DateCompany, (xA) a one or more Notes with an aggregate principal amount of Notes as is set forth opposite such Initial Purchaser's Buyer’s name in column (3) on the Schedule of Purchasers Buyers and (xB) one or more Warrants to acquire up to that number of Warrant Shares as is set forth opposite such Initial Purchaser's Buyer’s name in column (4) on the Schedule of Purchasers Buyers (the "CLOSING"“Closing”).

Appears in 1 contract

Samples: Securities Purchase Agreement (NGAS Resources Inc)

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