Sale and Purchase of Warrants. Subject to the terms of this Agreement, at the Closing each of the Selling Shareholders shall sell as legal and beneficial owner, and the Purchaser shall purchase, free from all liens, charges and encumbrances and together with all rights attaching to them, the number of Warrants set opposite its name in column 3 of Exhibit A hereto, at a purchase price of US$0.25 per Warrant.
Sale and Purchase of Warrants. Subject to the terms and conditions of this Agreement, Xxxxxx agrees to sell, assign and transfer at the Closing (as defined below) and the Purchaser agrees to purchase the amount of warrants of LM Funding America, Inc., a Delaware corporation (the “Company”) all of Seller’s warrants in the Company at the purchase price of $0.265 per warrant (“Purchase Price”). Seller has 673,333 warrants in the Company and the total Purchase Price is $178,333.25.
Sale and Purchase of Warrants. On the terms and subject to the conditions set forth in this Agreement, the Company hereby sells to Buyer, and Buyer hereby purchases from the Company, warrants (collectively, the "Warrants") to purchase shares of Common Stock. The Warrants shall be exercisable as set forth on Annex 1 and shall constitute the right to purchase that number of shares of Common Stock set forth on Annex 1, which number represents two and one-half percent (2.5%) of the Common Stock of the Company outstanding on the date hereof, on a fully diluted basis (subject to adjustment from time to time as provided in the Warrants). The Warrants shall be in substantially the form set forth as Exhibit A hereto (except for the number of shares and the exercise period which shall be in accordance with Annex 1).
Sale and Purchase of Warrants. Subject to the terms and conditions of this Agreement, Company will issue and sell to McKesson, and McKesson will purchase from Company, at the relevant Warrant Issue Date, the following installments of Warrants:
(i) On the Initial Warrant Issue Date, Warrants for 101,500 shares of Common Stock of Company with an initial Exercise Price of $5.71 in exchange for and upon surrender of the Warrants issued on July 2, 1998;
(ii) On the Initial Warrant Issue Date, additional Warrants for 100,000 shares of Common Stock of Company with an initial Exercise Price of $5.71;
(iii) On the Second Warrant Issue Date, Warrants for 50,000 shares of Common Stock of Company with an Exercise Price equal to the average closing price of Common Stock of Company for the five business day period commencing on the date of the Approval Notice; and
(iv) On the Third Warrant Issue Date, Warrants for 10,000 shares of Common Stock of Company with an Initial Exercise Price of $5.5625. The aggregate purchase price for the Warrants described in clauses (i), (ii) and (iii) above shall be McKesson's execution and delivery of the Credit Agreement. The purchase price for the Warrant described in clause (iv) above shall be McKesson's execution and delivery of the Limited Waiver and Consent dated the Third Warrant Issue Date. Company and McKesson agree that the per share value of the Warrants for tax purposes is $2.55. Company and McKesson agree to report the transaction in a manner consistent with this paragraph.
Sale and Purchase of Warrants. The Company agrees to sell to the Investor and the Investor agrees to purchase from the Company for a purchase price of three thousand nine hundred forty-seven dollars and thirty-seven cents ($3,947.37), a warrant in the form attached hereto as Exhibit A to purchase 394,737 shares of the Company's Series A Convertible Preferred Stock (the "Preferred Stock") at an initial per share exercise price of $1.52 at any time on or before November ___, 2007. The warrants to be issued to Investor hereunder shall be referred to collectively herein as the "Warrants" and individually as a "Warrant".
Sale and Purchase of Warrants. Subject to the terms and conditions of this Agreement, Company will issue and sell to McKesson, and McKesson will purchase from Company, at the Warrant Issue Date, the entire issue of the Warrants. The aggregate purchase price for the Warrants shall be McKesson’s execution and delivery of the Credit Agreement. Company and McKesson agree that the per share value of the Warrants for tax purposes is $ . Company and McKesson agree to report the transaction in a manner consistent with this paragraph.
Sale and Purchase of Warrants. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties set forth in this Agreement, the Company agrees to issue, sell and deliver to each Purchaser and AFIV shall cause each Purchaser to purchase from the Company, a Warrant to purchase the number of shares (the “Warrant Shares”) of Common Stock to be set forth opposite such Purchaser’s name set forth on the Allocation Schedule (as defined below) in consideration of the payment of the amount to be set forth opposite such Purchaser’s name on the Allocation Schedule. Each of the Warrants shall be issued to the Purchasers, and AFIV shall cause each of the Purchasers to fund the purchase price for such Purchaser’s Warrant, on the date that all of the conditions set forth in Section 2.1 (such conditions, the “Closing Conditions” and such date, the “Closing Date”) have been satisfied.
Sale and Purchase of Warrants. (a) On the terms and subject to the conditions set forth herein, upon the execution hereof, Warrant Holder hereby sells, assigns, delivers and transfers to the Company all of its right, title and interest in and to the Remaining Warrants (the “Repurchase”) in exchange for payment by the Company of the Purchase Price (defined below) and Warrant Holder shall cease to have any rights with respect thereto, other than the right to receive payment of the Purchase Price.
(b) The closing of the transactions contemplated hereby shall take place on the next business day following the date hereof, or at such other time and date as Warrant Holder and the Company mutually determine (the “Closing Date”). On or before the Closing Date, Warrant Holder shall deliver or cause to be delivered to the Company all of Warrant Holder’s right, title and interest in and to the Remaining Warrants and, on the Closing Date, the Warrant Agreement shall be terminated in its entirety and shall be null and void. On the Closing Date, the Company shall pay to Warrant Holder an amount equal to the product of (x) 138,888.66 multiplied by (y) the difference between (i) USD$19.00 and (ii) USD$4.68 (the “Purchase Price”) in cash by wire transfer of immediately available funds in accordance with the wire instructions provided by Warrant Holder to the Company.
Sale and Purchase of Warrants. The Company hereby agrees to sell to the Purchaser and the Purchaser hereby agrees to purchase from the Company, subject to the conditions and restrictions contained in this Agreement and in reliance on the representations and warranties of the Company and the Purchaser contained herein, the Warrants for good and valuable consideration, receipt of which is hereby acknowledged. The Company shall issue and deliver certificates to the Purchaser evidencing the Warrants in the form of Exhibit B attached hereto (the "Warrant Certificates") concurrently with the Purchaser's execution of this Agreement and the Warrant Agreement.
Sale and Purchase of Warrants. 4 SECTION 4. EXERCISE OF WARRANTS AND DETERMINATION OF SHARES.......................................................4 SECTION 5. WARRANT ISSUE DATE AND CONDITIONS TO ISSUANCE..........................................................4
