Warrants to Purchase Common Stock. The Warrants evidenced hereby are one of a duly authorized issue of Warrants of the Company designated as its Warrants to Purchase Common Stock (“Warrants”), limited in aggregate number to 5,645,200 issued under and in accordance with the Warrant Agreement, dated as of December 15, 2017 (the “Warrant Agreement”), between the Company and American Stock Transfer & Trust Company, LLC, as warrant agent (the “Warrant Agent”, which term includes any successor thereto permitted under the Warrant Agreement), to which the Warrant Agreement and all amendments thereto reference is hereby made for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Warrant Agent, the Holders of Warrant Certificates and the owners of the Warrants evidenced thereby and of the terms upon which the Warrant Certificates are, and are to be, countersigned and delivered. A copy of the Warrant Agreement shall be available at all reasonable times at the office of the Warrant Agent for inspection by the Holder hereof. The Warrant Agreement provides that, in addition to certain adjustments to the number of shares of Common Stock into which a Warrant is exercisable and the Exercise Price required to be made in certain circumstances, (x) in the case of any Transaction (other than a Sale Cash Only Transaction), the Company shall (or, in the case of any Non-Surviving Transaction, the Company shall cause the other Person involved in such Transaction to) execute and deliver to the Warrant Agent a written instrument providing that (i) the Warrants evidenced hereby, if then outstanding, will be exercisable thereafter, during the period the Warrants evidenced hereby shall be exercisable as specified herein, only into the Substituted Securities that would have been receivable upon such Transaction by a holder of the number of shares of Common Stock that would have been issued upon exercise of such Warrant if such Warrant had been exercised in full immediately prior to such Sale Transaction (upon certain assumptions specified in the Warrant Agreement); and (ii) the rights and obligations of the Company (or, in the case of any Non-Surviving Transaction, the other Person involved in such Transaction) and the holders in respect of Substituted Securities shall be substantially unchanged to be as nearly equivalent as may be practicable to the rights and obligations of the Company and Holders in respect of Common Stock and (y) in the case of any Sale T...
Warrants to Purchase Common Stock. On the effective date hereof, Employee shall be granted warrants ("Warrants") to purchase two hundred ten thousand (210,000) shares of common stock no par value per share ("Common Stock"), of Company pursuant to the terms of the Warrant Agreement dated as of April 5, 1999, among the Company, Rogex Xxxxxxx and the other signatories thereto (the "Warrant Agreement"). The Warrants granted to Employee shall consist equally of Series A Warrants, Series B Warrants and Series C Warrants of Company. The Warrants shall vest as provided in Schedule I attached hereto.
Warrants to Purchase Common Stock. At Closing, Purchaser shall issue to the Sellers, as additional consideration for the sale of the Shares, warrants to purchase 400,000 shares (the "Warrant Shares") of Purchaser Common Stock, which Warrants shall be in the form attached hereto as Exhibit 2.10 (the "Warrants"). The Warrants shall be exercisable at the Conversion Price at any time within five (5) years after the Closing Date. If the Closing does not occur on or before August 26, 1998, the number of shares that may be purchased pursuant to the Warrants shall be increased from 400,000 shares to 500,000 shares.
Warrants to Purchase Common Stock. Certificates representing the Warrants in accordance with PARAGRAPH 2.1(C).
Warrants to Purchase Common Stock. Contemporaneous with the Disbursement, and as additional consideration for the Loan, the Borrower shall issue to the Lender warrants to purchase up to 8,333,333 shares of common stock of the Borrower (the “Warrant Shares”) evidenced by a single warrant agreement (the “Warrant”) in form attached hereto as Exhibit D. The Warrant shall have a term of three years and shall be exercisable at $0.30 per share.
Warrants to Purchase Common Stock. In August 1998, xxxxxxxxx.xxx entered into a warrant agreement with Delta Air Lines ("Delta") to purchase up to 18,892,603 shares of Common Stock at an exercise price of approximately $0.93 per share (the "Delta Warrant") for agreeing to participate in the xxxxxxxxx.xxx service. Vesting was contingent upon achievement of certain predetermined performance thresholds. However, there was no penalty for failure to provide ticket inventory to satisfy these performance thresholds. Accordingly, no expense was recorded when the warrant was issued. On December 31, 1998, the Company amended its agreement with Delta to eliminate the vesting contingencies and fix the number of shares subject to the warrant at 18,619,402. The warrants were immediately vested on the date of grant, in that they are not subject to any forfeiture for any reason. The amended Delta Warrant was to become exercisable at the earlier of seven years or over three years upon the achievement of certain performance thresholds. The agreement does not require Delta to make any performance commitments, is non-exclusive and allows Delta to participate in other programs similar to the xxxxxxxxx.xxx service. Accordingly, the Company recognized approximately $58.7 million of expense based upon the fair value of the warrant on December 31, 1998, of which $3.0 million is included in cost of revenues-supplier warrant costs and $55.7 million is included in expenses-warrant costs, net in the accompanying statements of operations. In November 1999, the Company further amended the Delta warrant to provide Delta with a cashless exercise right. Upon the exercise of the warrant, Delta acquired a total of 16,525,834 shares of Common Stock of xxxxxxxxx.xxx. In conjunction with that transaction, Delta sold 2,085,767 shares of xxxxxxxxx.xxx Common Stock to xxxxxxxxx.xxx's founder and Vice Chairman Xxx X. Xxxxxx for an aggregate purchase price of $125 million. The Company further gave Delta the right to exchange six million shares of xxxxxxxxx.xxx common stock for six million shares of newly issued convertible preferred stock that may be converted into xxxxxxxxx.xxx stock on a one-for-one basis. To date, Delta has not elected to exercise the conversion right. NOTES TO FINANCIAL STATEMENTS (Continued)
Warrants to Purchase Common Stock. As of March 25, 2020, we had 7,535,815 outstanding warrants exercisable for up to an aggregate of 7,535,815 shares of our common stock. Of these warrants, there are warrants outstanding and exercisable for up to 7,500,000 shares of common stock that contain the following terms and conditions subject in all respects to the provisions contained in such warrants: •
Warrants to Purchase Common Stock. The Company shall convey to Employee Warrants to Purchase 250,000 shares of its common stock, $.001 par value, exercisable for a price of $2.00 per share over a period of five years from their date of vesting (the "Warrants"). The Warrants shall vest to the Employee as follows: 20,833 Warrants after each calendar quarter for a period ending three-years from the date hereof. The Warrant shall be substantially in the form of Exhibit A hereto.
Warrants to Purchase Common Stock. Employee shall be granted Warrants to purchase 400,000 shares of common stock, no par value per share ("Common Stock"), of the Company ("Warrants") on the effective date hereof pursuant to the terms of the Warrant Agreement dated as of April 5, 1999, among the Company, the Employee and the other signatories thereto (the "Warrant Agreement"). The Warrants granted to Employee shall consist equally of Series A Warrants, Series B Warrants and Series C Warrants. In addition, Employee
Warrants to Purchase Common Stock. In consideration for arranging the Loan, at Closing the Company shall sell to the Investor and the Investor shall purchase 20,000 Redeemable Class A-l warrants and 20,000 Redeemable Class X-x Warrants to purchase an aggregate of 40,000 shares of the Company's Common Stock (the "Warrant(s)") for a purchase price of $.001 per Warrant or $40.00 in the aggregate. The Warrants shall be subject to a Warrant Agreement between the Company and the Investor in the form attached hereto as Exhibit I (the "Warrant Agreement").
