Examples of Bridge Loan Warrant in a sentence
If the Note is converted in full into Common Stock as provided herein, it will be deemed to be payment in full for all purposes of this Agreement and the other Loan Documents (except the Bridge Loan Warrant), or if the Note is converted in part into Common Stock as provided herein, it will be deemed to be payment under this Agreement and the other Loan Documents (except the Bridge Loan Warrant) up to the amount of the Note so converted.
The Bridge Loan Warrant is duly authorized and, upon issuance in accordance with the terms of this Agreement, will be validly issued, fully paid and nonassessable, and will be free of Liens, claims, encumbrances and restrictions on transfer, other than restrictions on transfer under applicable state and federal securities laws or as set forth therein.
The shares of Class A Common Stock issuable upon exercise of the Bridge Loan Warrant are duly authorized and reserved for issuance, and, upon exercise of the Bridge Loan Warrant in accordance with the terms thereof, will be validly issued, fully paid and nonassessable, and will be free of liens, claims, encumbrances and restrictions on transfer, other than restrictions on transfer under applicable state and federal securities laws.
Bank has the right, without the consent of or notice to Borrower, to sell, transfer, assign, negotiate, or grant participation in all or any part of, or any interest in, Bank’s obligations, rights, and benefits under this Agreement and the other Loan Documents (other than each of the 2009 Warrant, 2010 Warrant, 2011 Warrant, 2011 October Warrant, 2012 Bridge Loan Warrant, and 2012 Warrant, as to which assignment, transfer and other such actions are governed by the terms thereof).
The Lender shall have received a duly executed Bridge Loan Warrant, in the form attached hereto as Exhibit A.
Concurrently with the execution ------------------- of this Agreement, the Company will issue to the Lender a warrant to purchase 300,000 shares of the Class A Common Stock of the Company on the terms and conditions set forth in Exhibit B hereto (the "Bridge Loan Warrant").
Upon due execution of this Warrant by the Company, receipt of this Warrant by the Holder and, effectiveness of this Warrant in accordance with the next paragraph of this Warrant, this Warrant shall supercede and replace the Amended and Restated Bridge Loan Warrant dated December 1, 2001, which prior warrant shall be terminated.
Once the cumulative amount of liquidated damages reaches ten percent (10%) of the amount of the contract, the Procuring Agency shall rescind the contract, without prejudice to other courses of action and remedies open to it.
The Company shall have delivered to the ------------------- Lender a duly executed Bridge Loan Warrant, in the form attached hereto as Exhibit B.
The Investor hereby agrees that effective upon the Closing, the number of shares of Common Stock of the Company purchasable by Investor under that certain Amended and Restated Bridge Loan Warrant at $1.15 per share shall be reduced from 652,174 to 326,087 and the Company shall deliver to Investor at Closing a revised Amended and Restated Warrant reflecting such change and the existing Amended and Restated Bridge Loan Warrant shall be surrendered to the Company at Closing and marked cancelled.