Common use of Purchase Warrant Clause in Contracts

Purchase Warrant. THIS CERTIFIES THAT, in consideration of funds duly paid by or on behalf of Xxxxx Xxxxxxx (“Holder”), as registered owner of this Purchase Warrant, to Smart for Life, Inc., a Delaware corporation (the “Company”), Holder is entitled, at any time or from time to time at or before 5:00 p.m., Eastern time, December 8, 2027 (the “Expiration Date”), but not thereafter, to subscribe for, purchase and receive, in whole or in part, up to 18,286 shares of common stock of the Company, par value $0.0001 per share (the “Shares”), subject to adjustment as provided in Section 5 hereof. If the Expiration Date is a day on which banking institutions are authorized by law to close, then this Purchase Warrant may be exercised on the next succeeding day which is not such a day in accordance with the terms herein. During the period ending on the Expiration Date, the Company agrees not to take any action that would terminate this Purchase Warrant. This Purchase Warrant is initially exercisable at $0.35 per Share; provided, however, that upon the occurrence of any of the events specified in Section 5 hereof, the rights granted by this Purchase Warrant, including the exercise price per Share and the number of Shares to be received upon such exercise, shall be adjusted as therein specified. The term “Exercise Price” shall mean the initial exercise price or the adjusted exercise price, depending on the context.

Appears in 1 contract

Samples: Smart for Life, Inc.

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Purchase Warrant. THIS CERTIFIES THAT, in consideration of funds duly paid by or on behalf of Xxxxx Xxxxxxx Xxxxxx X. Xxxxxx, Xx. (“Holder”), as registered owner of this Purchase Warrant, to Smart for Life, Inc., a Delaware corporation (the “Company”), Holder is entitled, at any time or from time to time at or before 5:00 p.m., Eastern time, December 8, 2027 (the “Expiration Date”), but not thereafter, to subscribe for, purchase and receive, in whole or in part, up to 18,286 88,000 shares of common stock of the Company, par value $0.0001 per share (the “Shares”), subject to adjustment as provided in Section 5 hereof. If the Expiration Date is a day on which banking institutions are authorized by law to close, then this Purchase Warrant may be exercised on the next succeeding day which is not such a day in accordance with the terms herein. During the period ending on the Expiration Date, the Company agrees not to take any action that would terminate this Purchase Warrant. This Purchase Warrant is initially exercisable at $0.35 per Share; provided, however, that upon the occurrence of any of the events specified in Section 5 hereof, the rights granted by this Purchase Warrant, including the exercise price per Share and the number of Shares to be received upon such exercise, shall be adjusted as therein specified. The term “Exercise Price” shall mean the initial exercise price or the adjusted exercise price, depending on the context.

Appears in 1 contract

Samples: Smart for Life, Inc.

Purchase Warrant. THIS CERTIFIES THAT, in consideration of funds duly paid by or on behalf of Xxxxx Xxxxxxx _______ (“Holder”), as registered owner of this Purchase Warrant, to Smart for LifeSigma Labs, Inc., a Delaware Nevada corporation (the “Company”), Holder is entitled, at any time or from time to time from September 29, 2020 (the “Commencement Date”), and at or before 5:00 p.m., Eastern time, December 8April 2, 2027 2025 (the “Expiration Date”), but not thereafter, to subscribe for, purchase and receive, in whole or in part, up to 18,286 _______ shares of common stock of the Company, par value $0.0001 0.001 per share (the “Shares”), subject to adjustment as provided in Section 5 6 hereof. If the Expiration Date is a day on which banking institutions are authorized by law to close, then this Purchase Warrant may be exercised on the next succeeding day which is not such a day in accordance with the terms herein. During the period ending on the Expiration Date, the Company agrees not to take any action that would terminate this Purchase Warrant. This Purchase Warrant is initially exercisable at $0.35 3.64 per Share; provided, however, that upon the occurrence of any of the events specified in Section 5 6 hereof, the rights granted by this Purchase Warrant, including the exercise price per Share and the number of Shares to be received upon such exercise, shall be adjusted as therein specified. The term “Exercise Price” shall mean the initial exercise price or the adjusted exercise price, depending on the context.

Appears in 1 contract

Samples: Sigma Labs, Inc.

Purchase Warrant. THIS CERTIFIES THAT, in consideration of funds duly paid for value received by or on behalf of Xxxxx Xxxxxxx Titan Pharmaceuticals, Inc., a Delaware corporation (the “Company”), [ ] (“Holder”), as registered owner of this Purchase Warrant, to Smart for Life, Inc., a Delaware corporation (the “Company”), Holder is entitled, at any time or from time to time from September 20, 2019 (the “Commencement Date”), and at or before 5:00 p.m., Eastern time, December 8September 20, 2027 2023 (the Expiration Date”), but not thereafter, to subscribe for, purchase and receive, in whole or in part, up to 18,286 [____] shares of common stock of the Company, par value $0.0001 0.001 per share (the “Shares”), subject to adjustment as provided in Section 5 6 hereof. If the Expiration Date is a day on which banking institutions are authorized by law to close, then this Purchase Warrant may be exercised on the next succeeding day which is not such a day in accordance with the terms herein. During the period ending on the Expiration Date, the Company agrees not to take any action that would terminate this Purchase Warrant. This Purchase Warrant is initially exercisable at $0.35 0.28 per Share; provided, however, that upon the occurrence of any of the events specified in Section 5 6 hereof, the rights granted by this Purchase Warrant, including the exercise price per Share and the number of Shares to be received upon such exercise, shall be adjusted as therein specified. The term “Exercise Price” shall mean the initial exercise price or the adjusted exercise price, depending on the context.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Titan Pharmaceuticals Inc)

Purchase Warrant. THIS CERTIFIES THAT, in consideration of funds duly paid by or on behalf of Xxxxx Xxxxxxx [______] (“Holder”), as registered owner of this Purchase Warrant, to Smart for LifeSunCar Technology Group, Inc., a Delaware Cayman Island corporation (the “Company”), Holder is entitled, at any time or from time to time from [___] (the “Commencement Date”), and at or before 5:00 p.m., Eastern time, December 8October 25, 2027 2028 (the “Expiration Date”), but not thereafter, to subscribe for, purchase and receive, in whole or in part, up to 18,286 [___] Class A ordinary shares of common stock of the Company, par value $0.0001 per share Company (the “Shares”), subject to adjustment as provided in Section 5 6 hereof. If the Expiration Date is a day on which banking institutions are authorized by law to close, then this Purchase Warrant may be exercised on the next succeeding day which is not such a day in accordance with the terms herein. During the period ending on the Expiration Date, the Company agrees not to take any action that would terminate this Purchase Warrant. This Purchase Warrant is initially exercisable at $0.35 10.225 per Share; provided, however, that upon the occurrence of any of the events specified in Section 5 6 hereof, the rights granted by this Purchase Warrant, including the exercise price per Share and the number of Shares to be received upon such exercise, shall be adjusted as therein specified. The term “Exercise Price” shall mean the initial exercise price or the adjusted exercise price, depending on the context.

Appears in 1 contract

Samples: SunCar Technology Group Inc.

Purchase Warrant. THIS CERTIFIES THAT, in consideration of funds duly paid by or on behalf of Xxxxx Xxxxxxx [_______] (“Holder”), as registered owner of this Purchase Warrant, to Smart for LifeNeuralstem, Inc., a Delaware corporation Inc. (the “Company”), Holder is entitled, at any time or from time to time from September 13, 2013 (the “Commencement Date”), and at or before 5:00 p.m., Eastern time, December 8September 13, 2027 2017 (the “Expiration Date”), but not thereafter, to subscribe for, purchase and receive, in whole or in part, up to 18,286 [______] shares of common stock Common Stock of the Company, par value $0.0001 0.01 per share (the “Shares”), subject to adjustment as provided in Section 5 6 hereof. If the Expiration Date is a day on which banking institutions are authorized by law to close, then this Purchase Warrant may be exercised on the next succeeding day which is not such a day in accordance with the terms herein. During the period ending on the Expiration Date, the Company agrees not to take any action that would terminate this the Purchase Warrant. This Purchase Warrant is initially exercisable at $0.35 1.25 per Share; provided, however, that upon the occurrence of any of the events specified in Section 5 6 hereof, the rights granted by this Purchase Warrant, including the exercise price per Share and the number of Shares to be received upon such exercise, shall be adjusted as therein specified. The term “Exercise Price” shall mean the initial exercise price or the adjusted exercise price, depending on the context.

Appears in 1 contract

Samples: Agent Warrant Agreement (Neuralstem, Inc.)

Purchase Warrant. THIS CERTIFIES THAT, in consideration of funds duly paid by or on behalf of Xxxxx Xxxxxxx (“Holder”), as registered owner of this Purchase Warrant, to Smart for LifeCeres, Inc., a Delaware corporation (the “Company”), Holder is entitled, at any time or from time to time from March 4, 2015(the “Commencement Date”), and at or before 5:00 p.m., Eastern time, December 8March 4, 2027 2019 (the Expiration Date”), but not thereafter, to subscribe for, purchase and receive, in whole or in part, up to 18,286 22,000 shares of common stock of the Company, par value $0.0001 0.01 per share (the “Shares”), subject to adjustment as provided in Section 5 hereof. If the Expiration Date is a day on which banking institutions are authorized by law to close, then this Purchase Warrant may be exercised on the next succeeding day which is not such a day in accordance with the terms herein. During the period ending on the Expiration Date, the Company agrees not to take any action that would terminate this Purchase Warrant. This Purchase Warrant is initially exercisable at $0.35 1.50 per Share; provided, however, that upon the occurrence of any of the events specified in Section 5 hereof, the rights granted by this Purchase Warrant, including the exercise price per Share and the number of Shares to be received upon such exercise, shall be adjusted as therein specified. The term “Exercise Price” shall mean the initial exercise price or the adjusted exercise price, depending on the context.

Appears in 1 contract

Samples: Ceres, Inc.

Purchase Warrant. THIS CERTIFIES THAT, in consideration of funds duly paid by or on behalf of Xxxxx Xxxxxxx Platinum Arc LLC (“Holder”), as registered owner of this Purchase Warrant, to Smart for LifeHealthcare Triangle, Inc., a Delaware corporation (the “Company”), Holder is entitled, at any time or from time to time April 11, 2022 (the “Commencement Date”), and at or before 5:00 p.m., Eastern time, December 8October 12, 2027 2026 (the “Expiration Date”), but not thereafter, to subscribe for, purchase and receive, in whole or in part, up to 18,286 261,000 shares of common stock of the Company, par value $0.0001 0.00001 per share (the “Shares”), subject to adjustment as provided in Section 5 6 hereof. If the Expiration Date is a day on which banking institutions are authorized by law to close, then this Purchase Warrant may be exercised on the next succeeding day which is not such a day in accordance with the terms herein. During the period ending on the Expiration Date, the Company agrees not to take any action that would terminate this Purchase Warrant. This Purchase Warrant is initially exercisable at $0.35 4.40 per Share; provided, however, that upon the occurrence of any of the events specified in Section 5 6 hereof, the rights granted by this Purchase Warrant, including the exercise price per Share and the number of Shares to be received upon such exercise, shall be adjusted as therein specified. The term “Exercise Price” shall mean the initial exercise price or the adjusted exercise price, depending on the context. The term “Effective Date” shall mean October 12, 2021, the date on which the Registration Statement on Form S-1 (File No. 333-259180) of the Company was declared effective by the Securities and Exchange Commission (“Registration Statement”).

Appears in 1 contract

Samples: S Warrant Agreement (Healthcare Triangle, Inc.)

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Purchase Warrant. THIS CERTIFIES THAT, in consideration of funds duly paid by or on behalf of Xxxxxx Xxxxx Xxxxxxx Securities, Inc. (“Holder”), as registered owner of this Purchase Warrant, to Smart for Life, Inc., a Delaware corporation (the “Company”), Holder is entitled, at any time or from time to time at or before 5:00 p.m., Eastern time, December 8, 2027 (the “Expiration Date”), but not thereafter, to subscribe for, purchase and receive, in whole or in part, up to 18,286 114,286 shares of common stock of the Company, par value $0.0001 per share (the “Shares”), subject to adjustment as provided in Section 5 hereof. If the Expiration Date is a day on which banking institutions are authorized by law to close, then this Purchase Warrant may be exercised on the next succeeding day which is not such a day in accordance with the terms herein. During the period ending on the Expiration Date, the Company agrees not to take any action that would terminate this Purchase Warrant. This Purchase Warrant is initially exercisable at $0.35 per Share; provided, however, that upon the occurrence of any of the events specified in Section 5 hereof, the rights granted by this Purchase Warrant, including the exercise price per Share and the number of Shares to be received upon such exercise, shall be adjusted as therein specified. The term “Exercise Price” shall mean the initial exercise price or the adjusted exercise price, depending on the context.

Appears in 1 contract

Samples: Smart for Life, Inc.

Purchase Warrant. THIS CERTIFIES THAT, in consideration of funds duly paid by or on behalf of Xxxxx Xxxxxxx EX Xxxxxx LLC (“Holder”), as registered owner of this Purchase Warrant, to Smart for LifeKairos Pharma, Inc.Ltd., a Delaware corporation (the “Company”), Holder is entitled, at any time or from time to time beginning the Effective Date, and at or before 5:00 p.m., Eastern time, December 8September 16, 2027 2029 (the “Expiration Date”), but not thereafter, to subscribe for, purchase and receive, in whole or in part, up to 18,286 54,250 shares (the “Shares”) of common stock of the Company, par value $0.0001 0.001 per share (the SharesCommon Stock”), subject to adjustment as provided in Section 5 6 hereof. If the Expiration Date is a day on which banking institutions are authorized by law to close, then this Purchase Warrant may be exercised on the next succeeding day which is not such a day in accordance with the terms herein. During the period ending on the Expiration Date, the Company agrees not to take any action that would terminate this Purchase Warrant. This Purchase Warrant is initially exercisable at $0.35 4.80 per Share; provided, however, that upon the occurrence of any of the events specified in Section 5 6 hereof, the rights granted by this Purchase Warrant, including the exercise price per Share and the number of Shares to be received upon such exercise, shall be adjusted as therein specified. The term “Exercise Price” shall mean the initial exercise price or the adjusted exercise price, depending on the context.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Kairos Pharma, LTD.)

Purchase Warrant. THIS CERTIFIES THAT, in consideration of funds duly paid by or on behalf of Xxxxxx Xxxxx Xxxxxxx Securities, Inc. (“Holder”), as registered owner of this Purchase Warrant, to Smart for Life, Inc., a Delaware corporation (the “Company”), Holder is entitled, at any time or from time to time at or before 5:00 p.m., Eastern time, December 8, 2027 (the “Expiration Date”), but not thereafter, to subscribe for, purchase and receive, in whole or in part, up to 18,286 8,000 shares of common stock of the Company, par value $0.0001 per share (the “Shares”), subject to adjustment as provided in Section 5 hereof. If the Expiration Date is a day on which banking institutions are authorized by law to close, then this Purchase Warrant may be exercised on the next succeeding day which is not such a day in accordance with the terms herein. During the period ending on the Expiration Date, the Company agrees not to take any action that would terminate this Purchase Warrant. This Purchase Warrant is initially exercisable at $0.35 per Share; provided, however, that upon the occurrence of any of the events specified in Section 5 hereof, the rights granted by this Purchase Warrant, including the exercise price per Share and the number of Shares to be received upon such exercise, shall be adjusted as therein specified. The term “Exercise Price” shall mean the initial exercise price or the adjusted exercise price, depending on the context.

Appears in 1 contract

Samples: Smart for Life, Inc.

Purchase Warrant. THIS CERTIFIES THAT, in consideration of funds duly paid by or on behalf of Xxxxx Xxxxxxx [_________________] (“Holder”), as registered owner of this Purchase Warrant, to Smart for Life, Superconductor Technologies Inc., a Delaware corporation (the “Company”), Holder is entitled, at any time or from time to time from November 26, 2013 (the “Commencement Date”), and at or before 5:00 p.m., Eastern time, December 8November 25, 2027 2016 (the “Expiration Date”), but not thereafter, to subscribe for, purchase and receive, in whole or in part, up to 18,286 100,000 shares of common stock of the Company, par value $0.0001 0.001 per share (the “Shares”), subject to adjustment as provided in Section 5 6 hereof. If the Expiration Date is a day on which banking institutions are authorized by law to close, then this Purchase Warrant may be exercised on the next succeeding day which is not such a day in accordance with the terms herein. During the period ending on the Expiration Date, the Company agrees not to take any action that would terminate this Purchase Warrant. This Purchase Warrant is initially exercisable at $0.35 0.375 per ShareShare (125% of the price of the Shares sold in the Offering); provided, however, that upon the occurrence of any of the events specified in Section 5 6 hereof, the rights granted by this Purchase Warrant, including the exercise price per Share and the number of Shares to be received upon such exercise, shall be adjusted as therein specified. The term “Exercise Price” shall mean the initial exercise price or the adjusted exercise price, depending on the context.

Appears in 1 contract

Samples: Superconductor Technologies Inc

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