Common use of Purchase of Preferred Shares and Warrants Clause in Contracts

Purchase of Preferred Shares and Warrants. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 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 Closing Date (as defined below), the number of Preferred Shares set forth on each Buyer’s Signature Page and the Warrants to acquire up to that number of Warrant Shares set forth on each Buyer’s Signature Page.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Alpha-en Corp), Securities Purchase Agreement (Alpha-en Corp), Securities Purchase Agreement (Alpha-en Corp)

AutoNDA by SimpleDocs

Purchase of Preferred Shares and Warrants. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 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 Closing Date (as defined below), the number of Preferred Buyer Shares set forth on each Buyer’s Signature Page and the Purchase Amount along with Warrants to initially acquire up to that aggregate number of Warrant Shares as is set forth on each the executed signature page of such Buyer’s Signature Page.

Appears in 1 contract

Samples: Securities Purchase Agreement (Wrap Technologies, Inc.)

AutoNDA by SimpleDocs

Purchase of Preferred Shares and Warrants. Subject to the satisfaction (or waiver) of the conditions set forth in Sections 6 and 7 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 Closing Date (as defined below), ) the aggregate number of Preferred Shares and Warrants as is set forth on each opposite such Buyer’s Signature Page name in column (3) and column (4), respectively, on the Warrants to acquire up to that number Schedule of Warrant Shares set forth on each Buyer’s Signature PageBuyers.

Appears in 1 contract

Samples: Securities Purchase Agreement (Jet.AI Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!