Terms and Conditions of Warrants. The terms and conditions of the Warrants are set forth in Exhibit A hereto (the “Terms and Conditions”).
Terms and Conditions of Warrants. Each Warrant entitles the holder to subscribe for and be allotted one ordinary share in the capital of the Company. The exercise price is Australian 3.3 cents per Warrant (the “Exercise Price”).
Terms and Conditions of Warrants. (a) Exercise. Warrants to purchase 148,707 (as adjusted in accordance with the principles of Section 4(a) or Section 5 hereof) Ordinary Shares shall be exercisable at any time, and from time to time, on or after the date hereof (the "Exercise Date"), and shall expire at 11:59 p.m., New York City time, on April 14, 2004 (the "Expiration Date").
Terms and Conditions of Warrants. Each option entitles the holder to subscribe for and be allotted one fully paid ordinary share in the Company at an issue price of A$0.038.
Terms and Conditions of Warrants. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, Issuer agrees to issue and allot to Subscriber on the Closing Date, in consideration of the transactions contemplated herein, a number of warrants (shinkabu yoyaku xxx) (collectively, the “Warrants”) equal to eight and three quarters percent (8.75%) of the number of Shares issued to Subscriber in accordance with Section 1.1 (such calculation shall be rounded up or down to the nearest hundred (jyu no kurai shisha gonyu)), divided by one hundred (100), and providing, in the aggregate, the right to acquire the number of shares of Common Stock equal to eight and three quarters percent (8.75%) of the number of Shares issued to Subscriber in accordance with Section 1.1 (such calculation shall be rounded up or down to the nearest hundred (jyu no kurai shisha gonyu)), at a per share price equal to the Exercise Price, pursuant to the Conditions.
E. In Section 2.3 of the Investment Agreement, the phrase “certificates of the Warrants” shall be replaced with “document setting forth the matters of record in the original register of the Warrants (shinkabu yoyakuken genbo) which is certified by Issuer's representative director”.
F. In Section 3.5 of the Investment Agreement, the phrase “provided in this Agreement and the Warrants” shall be deleted and replaced with “provided in this Agreement and the Conditions. The Warrant Rights Agreement has been duly authorized and, when executed and delivered, will constitute the valid and legally binding obligations of Issuer providing the Subscribers (as such term is defined in the Warrant Rights Agreement) to the benefits provided therein.”.
G. The last word of the first sentence of Section 3.6(e) of the Investment Agreement, “Warrants”, shall be deleted and replaced with “Conditions”.
H. The following definitions in Section 7.1 of the Investment Agreement are hereby deleted in their entirety and replaced with the following:
Terms and Conditions of Warrants. The Subscriber acknowledges that the Warrants are subject to resale restrictions under, and are otherwise subject to all of the terms, conditions and provisions of the Warrants attached hereto as Exhibit “2”.
Terms and Conditions of Warrants. The terms and conditions of the New Warrants are set forth in the form of Series B Warrant attached hereto as Exhibit A. As used herein, the term “Terms and Conditions” will refer to the terms and conditions in Exhibit A.
Terms and Conditions of Warrants. The Representative's Warrants shall be exercisable for a period of three years commencing one year after the Effective Date at an initial exercise price of $7.50 per share and shall be substantially in the form of the Representative's common stock purchase warrant attached hereto as Exhibit A.
Terms and Conditions of Warrants. The terms and conditions of the Warrants are set forth in Exhibit B.
Terms and Conditions of Warrants. The Warrants and the Ordinary Shares to be issued upon the exercise of any Warrant have not been registered under the Securities Act of 1933, as amended (the "U.S. Securities Act") and the Warrants may not be exercised by or on behalf of any U.S. Person unless registered under the U.S. Securities Act or an exemption from such registration is available.
