Warrant Grant. The Company hereby grants to the Warrantee a warrant (the “Warrant”) to purchase 5,000 shares (“Warrant Shares”, with each being a “Warrant Share”) of its $0.01 par value common stock (“Share”), under the terms and conditions set forth below.
Warrant Grant. FOR VALUE RECEIVED, the Company hereby certifies and agrees that upon the earlier of the Maturity Date or the date of any prepayment (a “Prepayment Date”) of the Loan, the Holder shall be entitled to purchase from the Company up to a four percent (4%) membership interest in the Company (the “Warrant Interest”) in exchange for the waiver, or partial waiver, of the payment of the Exit Fee in cash. In the event that the Fair Market Value of the Warrant Interest (as defined below) is less than the Exit Fee, or any portion of the Exit Fee, waived by the Company pursuant to any exercise hereof, the Company shall pay the difference between the amount of the Exit Fee, or portion thereof, waived in order to exercise this Warrant, and the aggregate portion of the Exit Fee that otherwise would have been due as of the date of the issuance of the Warrant Interest, or any portion thereof pursuant to exercise of this Warrant, to Holder in cash in accordance with Section 2.5 of the Loan Agreement. The Holder may exercise such right as of the Maturity Date or any Prepayment Date, in accordance with Section 3 hereof.
Warrant Grant. On the Effective Date of this Agreement, Archemix will grant to Isis a seven-year warrant to acquire 600,000 shares of Archemix’s common stock at a purchase price of twenty-five cents ($0.25) per share (subject to adjustment in the event of a stock split, reverse stock split or other similar events), by executing the warrant attached hereto as Appendix 5 (the “Warrant”). Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 406 of the Securities Act.
Warrant Grant. Executive shall be issued 2,000,000 cashless warrants to acquire such number of shares of the Company’s common stock, as of October 1, 2012. The warrants in the amount of 1,000,000 immediately on the date of grant. The balance will vest in the amount of 250,000 at the end of each calendar quarter. The warrants will be fully vested on September 30, 2013. The warrants will expire on September 30, 2017.
Warrant Grant as additional consideration for extending the License Agreement to cover promotional products, Harbrew is hereby issuing to Seven Cellos a warrant to purchase 20,000 shares of the issued and outstanding stock of Company, for an exercise price equal to the lower of $1.00 per share, or 85% of the 30 day average bid and ask price as reported by the PinkSheets, OTC Bulletin Board or whatever exchange or service that lists the Company's Common Stock; provided, however, that in no event shall the exercise price be less than $0.50 per share. Xxxxx Xxxx "Xxxx" shall also be granted a warrant to purchase 5,000 shares of the issued and outstanding stock of Company, for an exercise price of the lower of $1.00 per share, or 85% of the 30 day average bid and ask price as recorded on the PinkSheets, OTC Bulletin Board or whatever exchange or service that lists the Company's Common Stock; provided, however, that in no event shall the exercise price be less than $0.50 per share.
Warrant Grant. (a) The Company hereby grants the Warrant Holder the right (such right, the Warrant Right) to acquire, upon delivery by the Warrant Holder of the Exercise Notice in accordance with Section 3, 1,675,885 Class B Shares (such Class B Shares, subject to the adjustments pursuant to the terms of Section 6, the Warrant Shares) at the Exercise Price during the Exercise Period. For the avoidance of doubt, the Warrant Holder shall not have any right to acquire ADSs.
Warrant Grant. At the Effective Time the Company shall grant to the ------------- Holder a warrant for the purchase of 100,000 common shares (the "Warrant Shares") of the Company, exercisable after the Effective Time until August 20, 2005, at a price of $1.50 per share.
Warrant Grant. In consideration of Key Honey’s payment of Consultant’s Fees and expenses, Basanite shall grant Key Honey a Warrant to purchase shares of Basanite’s common stock, such warrant being in the form annexed hereto as Appendix B.
Warrant Grant. The Company shall grant to Executive as of the Agreement Date, five hundred thousand (500,000) fully vested 5 year warrants (the “Warrants”) to purchase the Company's common stock at the lesser of $.10 a share or the 30 day VWAP as reported on Bloomberg. Executive shall have the right to exercise the entire warrant grant, in part or in whole, on a cashless basis during the term of employment and non-cashless if Executive is no longer employed with the Company.
Warrant Grant. Licensee and Delta Networks, the owner of one hundred percent 100% of the outstanding common stock of Reduct, hereby enter into a warrant agreement attached hereto as Exhibit C (the “Warrant Agreement”) pursuant to which Licensee grants to Delta Networks a warrant to:
