Sale and Issuance of Warrant. Subject to the terms and conditions of this Agreement, the Company agrees to issue to the Purchaser at the Closing the Warrant. The exercise price of the Warrant shall be One Cent ($0.01) per share of the Company's Common Stock issued thereunder upon exercise thereof.
Sale and Issuance of Warrant. Subject to the terms and conditions of this Agreement, the Company shall issue to Purchaser, the Warrant, upon execution of this Agreement by the parties hereto.
Sale and Issuance of Warrant. Subject to the terms and conditions of this Agreement, the Purchaser agrees to purchase at the Closing and the Company agrees to sell and issue to the Purchaser at the Closing a common stock purchase warrant (the "Warrant") exercisable for 525,000 shares of common stock of the Company, $0.01 par value ("Common Stock"), only as follows: (i) on and after the date hereof, the Warrant shall be exercisable to the extent of 150,000 shares of Common Stock; (ii) if the principal of and accrued interest and costs and expenses under the Debenture have not been paid in full at the close of business on December 31, 1998, the Warrant shall be exercisable to the extent of an additional 225,000 shares of Common Stock; and (iii) if the principal of and accrued interest and costs and expenses under the Debenture have not been paid in full at the close of business on December 31, 1999, the Warrant shall be exercisable to the extent of an additional 150,000 shares of Common Stock. The Warrant shall be substantially in the form set forth in EXHIBIT B hereto.
Sale and Issuance of Warrant. Subject to the terms and conditions of this Agreement, Investor agrees to pay $1,000,000 (the "Warrant Purchase Price") to the Company at the Closing and the Company agrees to sell and issue to Investor at the Closing the Common Stock Purchase Warrant in the form attached hereto as Exhibit A (the "Warrant").
Sale and Issuance of Warrant. Subject to the terms and conditions ---------------------------- of this Agreement, the Purchaser agrees to receive at the Closing and the Company agrees to issue to the Purchaser a Warrant to purchase 25,000 shares of Common Stock.
Sale and Issuance of Warrant. In connection with the Convertible Note issued to the Investor, the Company shall issue to such Investor a warrant to purchase 10,000,000 shares of its Common Stock pursuant to the terms therein (the “Warrant”), in substantially the form attached hereto as Exhibit B.
Sale and Issuance of Warrant
