Right to Purchase Warrants Sample Clauses

Right to Purchase Warrants. Nothing in this Agreement shall prohibit KAF from entering into a contract to purchase and/or sell Company warrants.
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Right to Purchase Warrants. (a) In the event that (x) the Xxxxxxxxx Funds terminate this Agreement pursuant to Sections 10.1(a) or 10.1(c) due to a failure of any of the conditions precedent set forth in Sections 7.2(a) or 7.3, and the failure of any such condition precedent was due to a breach by the Company of any of its representations and warranties in, or of any of its obligations under, this Agreement, or (y) the Company terminates this Agreement pursuant to Section 10.2, then, notwithstanding any other provision of this Agreement, the Purchasers shall have the right to purchase Warrants at a purchase price at a rate of $0.125 per Warrant Share covering a total of 408,834 Warrant Shares for a total purchase price of $51,104.25. (b) If (x) this Agreement is terminated pursuant to Section 10.1, or (y) this Agreement has not been terminated and is still in effect but the Closing has not yet occurred as of the one year anniversary of the date hereof, and (z) the provisions of Section 10.4(a) do not apply, then, notwithstanding any other provision of this Agreement, the Purchasers shall have the right to purchase Warrants at a purchase price at a rate of $0.125 per Warrant Share covering a total of 104,323 Warrant Shares for a total purchase price of $13,040.38; and (c) The Company shall notify each Purchaser in writing within ten (10) Business Days after the occurrence of an event under either Section 10.4(a) or 10.4(b), as applicable, notifying each Purchaser that such Purchaser has five (5) Business Days following the receipt of such notice to elect to purchase Warrants pursuant to Section 10.4(a) or 10.4(b), as applicable. Each Purchaser who elects to purchase the Warrants in accordance with this Section 10.4 shall notify the Company in writing within five (5) Business Days following the receipt of such notice from the Company, stating its election to purchase the Warrants and the number of Warrant Shares, up to the maximum number set forth in Section 10.4(a) or 10.4(b), as applicable. The Company shall, not later than five (5) Business Days after receipt of such election, deliver a Warrant for the number of Warrant Shares such Purchaser has elected to purchase, against payment of the purchase price therefor paid in cash by wire transfer of same day funds to the Company pursuant to the wire instructions provided by the Company.
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Right to Purchase Warrants. Subject to satisfaction of all conditions set forth herein, the Company and the Parent shall each have the right (the "Purchase Right"), but not the obligation, to purchase for cash from each of the Participating Warrantholders the number of Warrants held by such Participating Warrantholders as set forth in Schedule A at a per Warrant price of $62,036.54 (the "Warrant Purchase Price"). Simultaneously with the execution of this Agreement, the Warrant Agreement is being amended in the manner set forth in Exhibit A hereto to reflect the agreements of the parties hereto (the "Warrant Agreement Amendment").
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Right to Purchase Warrants. Nothing in this Agreement shall prohibit Yakira from entering into a contract to purchase and/or sell GigCapital warrants.
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Right to Purchase Warrants. Nothing in this Agreement shall prohibit Xxxxxx from entering into a contract to purchase and/or sell or purchasing or selling GigCapital warrants.
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Right to Purchase Warrants. Nothing in this Agreement shall prohibit Greenhaven from entering into a contract to purchase and/or sell Company warrants.
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Related to Right to Purchase Warrants

  • Purchase Warrants The Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Warrant”) for the purchase of an aggregate of [●] shares of Common Stock (which is equal to an aggregate of 4% of the Firm Shares sold in the Offering), for an aggregate purchase price of $100.00. The Representative’s Warrant agreement, in the form attached hereto as Exhibit A (the “Representative’s Warrant Agreement”), shall be exercisable, in whole or in part, commencing on a date which is one (1) year after the Effective Date and expiring on the five-year anniversary of the Effective Date at an initial exercise price per share of Common Stock of $[●], which is equal to 125% of the public offering price of each Firm Share. The Representative’s Warrant Agreement and the shares of Common Stock issuable upon exercise thereof are sometimes hereinafter referred to together as the “Representative’s Securities.” The Representative understands and agrees that there are significant restrictions pursuant to FINRA Rule 5110 against transferring the Representative’s Warrant and the underlying shares of Common Stock during the one hundred eighty (180) days after the Effective Date and by its acceptance thereof shall agree that it will not sell, transfer, assign, pledge or hypothecate the Representative’s Warrant Agreement, or any portion thereof, or be the subject of any hedging, short sale, derivative, put or call transaction that would result in the effective economic disposition of such securities for a period of one hundred eighty (180) days following the Effective Date to anyone other than (i) an Underwriter or a selected dealer in connection with the Offering, or (ii) a bona fide officer or partner of the Representative or of any such Underwriter or selected dealer; and only if any such transferee agrees to the foregoing lock-up restrictions.

  • Purchase Warrant THIS CERTIFIES THAT, in consideration of funds duly paid by or on behalf of _________ (“Holder”), as registered owner of this Purchase Warrant, to Aytu BioScience, Inc., a Delaware corporation (the “Company”), Holder is entitled, at any time or from time to time from [________________] [DATE THAT IS ONE YEAR FROM THE EFFECTIVE DATE OF THE OFFERING] (the “Commencement Date”), and at or before 5:00 p.m., Eastern time, [____________] [DATE THAT IS FIVE YEARS FROM THE EFFECTIVE DATE OF THE OFFERING] (the ”Expiration Date”), but not thereafter, to subscribe for, purchase and receive, in whole or in part, up to [____] shares of common stock of the Company, par value $0.0001 per share (the “Shares”), subject to adjustment as provided in Section 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 $[___] per Share [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 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.

  • Exercise of Purchase Warrants Nothing contained in this Purchase Warrant shall be construed as requiring the Holder(s) to exercise their Purchase Warrants prior to or after the initial filing of any registration statement or the effectiveness thereof.

  • Substitute Purchase Warrant In case of any consolidation of the Company with, or share reconstruction or amalgamation of the Company with or into, another corporation (other than a consolidation or share reconstruction or amalgamation which does not result in any reclassification or change of the outstanding Shares), the corporation formed by such consolidation or share reconstruction or amalgamation shall execute and deliver to the Holder a supplemental Purchase Warrant providing that the holder of each Purchase Warrant then outstanding or to be outstanding shall have the right thereafter (until the stated expiration of such Purchase Warrant) to receive, upon exercise of such Purchase Warrant, the kind and amount of shares of stock and other securities and property receivable upon such consolidation or share reconstruction or amalgamation, by a holder of the number of Shares of the Company for which such Purchase Warrant might have been exercised immediately prior to such consolidation, share reconstruction or amalgamation, sale or transfer. Such supplemental Purchase Warrant shall provide for adjustments which shall be identical to the adjustments provided for in this Section 6. The above provision of this Section shall similarly apply to successive consolidations or share reconstructions or amalgamations.

  • Rights, Warrants, Etc Pursuant to Instruction, the Custodian shall (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to any agent of such issuer or trustee, for purposes of exercising such rights or selling such securities, and (b) deposit securities in response to any invitation for the tender thereof.

  • Issue Warrants Issue warrants for Borrower’s capital stock.

  • Exercise of Purchase Options Nothing contained in this Purchase Option shall be construed as requiring the Holder(s) to exercise their Purchase Options or Warrants underlying such Purchase Options prior to or after the initial filing of any registration statement or the effectiveness thereof.

  • Distribution of Rights to Purchase Shares (a) Distribution to ADS Holders Whenever the Company intends to distribute to the holders of the Deposited Securities rights to subscribe for additional Shares, the Company shall give notice thereof to the Depositary at least 60 days prior to the proposed distribution stating whether or not it wishes such rights to be made available to Holders of ADSs. Upon receipt of a notice indicating that the Company wishes such rights to be made available to Holders of ADSs, the Depositary shall consult with the Company to determine, and the Company shall determine, whether it is lawful and reasonably practicable to make such rights available to the Holders. The Depositary shall make such rights available to Holders only if (i) the Company shall have timely requested that such rights be made available to Holders, (ii) the Depositary shall have received satisfactory documentation within the terms of Section 5.7, and (iii) the Depositary shall have determined that such distribution of rights is lawful and reasonably practicable. In the event any of the conditions set forth above are not satisfied, the Depositary shall proceed with the sale of the rights as contemplated in Section 4.4(b) below or, if timing or market conditions may not permit, do nothing thereby allowing such rights to lapse. In the event all conditions set forth above are satisfied, the Depositary shall establish an ADS Record Date (upon the terms described in Section 4.7) and establish procedures (x) to distribute such rights (by means of warrants or otherwise) and (y) to enable the Holders to exercise the rights (upon payment of applicable (a) fees and charges of, and expenses incurred by, the Depositary and (b) taxes and other governmental charges). Nothing herein shall obligate the Depositary to make available to the Holders a method to exercise such rights to subscribe for Shares (rather than ADSs).

  • The Warrants The Warrants shall have the terms and conditions and be in the form attached hereto as Exhibit B.

  • Changes in Form of Purchase Warrant This form of Purchase Warrant need not be changed because of any change pursuant to this Section 6.1, and Purchase Warrants issued after such change may state the same Exercise Price and the same number of Shares as are stated in the Purchase Warrants initially issued pursuant to this Agreement. The acceptance by any Holder of the issuance of new Purchase Warrants reflecting a required or permissive change shall not be deemed to waive any rights to an adjustment occurring after the Commencement Date or the computation thereof.

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