Class B Warrant Shares means the shares of Common Stock issuable upon exercise of the Class B Warrants.
Class B Warrant Shares means the Common Stock and any other securities purchased or purchasable upon exercise of the Class B Warrants (and, if the context requires, securities which may thereafter be issued by the Company in respect of any such securities so purchased, by means of any subdivisions or combinations of its capital stock, or recapitalizations, reclassifications or the like).
Class B Warrant Shares means any and all shares of Common Stock issuable upon any one or more exercise of this Class B Warrant.
Examples of Class B Warrant Shares in a sentence
The Company has reserved from its duly authorized capital stock the maximum number of Ordinary Shares issuable pursuant to this Agreement (including the Pre-Funded Warrants, the Class A Warrant Shares and the Class B Warrant Shares).
As of the date hereof, the Company has reserved and the Company shall continue to reserve and keep available at all times, free of preemptive rights, a sufficient number of Ordinary Shares for the purpose of enabling the Company to issue Shares pursuant to this Agreement and the Pre-Funded Warrant Shares, Class A Warrant Shares or Class B Warrant Shares pursuant to any exercise of the Pre-Funded Warrants, Class A Warrants or Class B Warrants.
The Company further agrees, if the Company applies to have the Ordinary Shares traded on any other Trading Market, it will then include in such application all of the Shares, Pre-Funded Warrant Shares, Class A Warrant Shares and Class B Warrant Shares, and will take such other action as is necessary to cause all of the Shares, Pre-Funded Warrant Shares, Class A Warrant Shares and Class B Warrant Shares to be listed or quoted on such other Trading Market as promptly as possible.
The Company shall honor exercises of the Pre-Funded Warrants, the Class A Warrants and the Class B Warrants and shall deliver Pre-Funded Warrant Shares, the Class A Warrant Shares and the Class B Warrant Shares in accordance with their respective terms, conditions and time periods set forth in the Transaction Documents.
More Definitions of Class B Warrant Shares
Class B Warrant Shares means an aggregate of 2,000,000 shares of Company Common Stock, subject to adjustment as provided in the Class B Warrant.
Class B Warrant Shares is defined in Section 2.01.
Class B Warrant Shares means the shares of Common Stock that are purchasable hereunder. The number of Class B Warrant Shares and the Exercise Price per Class B Warrant Share are subject to adjustment as provided in Section 4 hereof. The term “Class B Warrants” means this Class B Warrant and the other Class B Warrants issued pursuant to that certain Securities Purchase Agreement, dated as of January 25, 2007, by and among the Company, the Corporate Parties thereto, the Viscorp Principal Stockholder and the Investors listed on the execution page thereof (the “Securities Purchase Agreement”). Notwithstanding the provisions of the first paragraph of this Class B Warrant, in the event that the Series A Preferred Stock Issuance Date shall not occur by April 30, 2008, this Class B Warrant may be exercised to purchase that number of Class B Warrant Shares as shall be equal to 100% of the number of Conversion Shares that would otherwise have been issuable upon conversion of the Series A Preferred Stock if such Series A Preferred Stock had been exchanged for the Note at any time on or after May 1, 2008, all in accordance with the provisions of the Securities Purchase Agreement. Unless otherwise defined in this Class B Warrant, all capitalized terms, when used herein, shall have the same meaning as is defined in the Securities Purchase Agreement. This Class B Warrant is subject to the following terms, provisions, and conditions:
Class B Warrant Shares means the Ordinary Shares issuable upon exercise of the Class B Warrants.
Class B Warrant Shares and collectively with the Class A Warrant Shares, the “Warrant Shares”); and (y) up to [--------] pre-funded units (the “Pre-Funded Units”), with each Pre-Funded Unit consisting of (i) one pre-funded ordinary share purchase warrant (the “Pre-Funded Warrants”), exercisable for one Ordinary Share, (ii) one Class A Warrant, and (iii) one Class B Warrant.
Class B Warrant Shares. Each Class B Warrant entitles the holder upon exercise to purchase from the Company at any time after the Exercisability Date until 5:00 p.m., New York City time, on the Expiration Date, one (1) share of the Common St ock, subject to adjustment as set forth herein and in the Class B Warrant Agreement dated as of , 2002 (as the same may be amended from time to time in accordance with its terms, the “Class B Warrant Agreement”) by and between the Company and The Bank of New York, as warrant agent (the “ Warrant Agent”), in whole or in part, at the initial purchase price of $.10 per share, on and subject to the terms and condi- tions set forth herein and in the Class B Warrant Agreement. Such purchase shall be payable in lawful money of the United States of America by certified or official bank check or any combination thereof to the order of the Warrant Agent for the account of the Company at the principal office of the Warrant Agent, but only subject to the conditions set forth herein and in the Class B Warrant Agreement. The number of shares of Common Stock for which each Class B Warrant is exercisable, and the price at which such shares may be purchased upon exercise of each Class B Warrant, are subject to adjustment upon the occurrence of certain events as set forth in the Class B Warrant Agreement. Whenever the number of shares of Common Stock for which a Class B Warrant is exercisable, or the price at which a share of such Common Stock may be purchased upon exercise of the Class B Warrants, is adjusted pursuant to the Class B Warrant Agreement, the Company shall cause to be given to each of the registered holders of the Class B Warrants at such holders’ addresses appearing on the Class B Warrant register written notice of such adjustment by first class mail postage pre-paid. No Class B Warrant may be exercised after 5:00 p.m., New York City time, on the Expiration Date, and to the extent not exercised by such time such Class B Warrants shall become void. Reference is hereby made to the further provisions of this Class B Warrant Certificate set forth on the reverse side hereof and such further provisions shall for all purposes have the same effect as though fully set forth at this place. This Class B Warrant Certificate shall not be valid unless countersigned by the Warrant Agent. THIS CLASS B WARRANT CERTIFICATE SHALL BE GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK, EXCEPT THAT MATTERS RELATING TO THE CAPITAL STOCK OF THE COMPANY SHALL BE GOV...
Class B Warrant Shares and collectively with the Class A Warrant Shares, the “Warrant Shares”) exercisable at any time on or after the Stockholder Approval Date (as defined in the Class A Warrant) and on or prior to 5:00 p.m. (New York City time) on the fifth anniversary of the Stockholder Approval Date, at an exercise price of $0.748 per share of Common Stock, and (ii) 8,205,000 pre-funded units (each a “Pre-Funded Unit” and collectively, the “Pre-Funded Units”), with each Pre-Funded Unit consisting of (A) one pre-funded warrant (each a “Pre-Funded Warrant” and collectively, the “Pre-Funded Warrants”), with each Pre-Funded Warrant exercisable to purchase one share of Common Stock (the “Pre-Funded Warrant Shares”) at an exercise price of $0.001 per share, (B) one Class A Warrant and (C) one Class B Warrant. The Common Units, the Pre-Funded Units and the securities included therein (i.e., the Shares, the Pre-Funded Warrants, the Pre-Funded Warrant Shares, the Warrants and the Warrant Shares are referred to herein as the “Securities”). The documents executed and delivered by the Company and the Purchasers in connection with the Offering (as defined below), including, without limitation, a securities purchase agreement (the “Purchase Agreement”), shall be collectively referred to herein as the “Transaction Documents.” The purchase price to the Purchasers for each Common Unit is $0.44 and the purchase price to the Purchasers for each Pre-Funded Unit will equal $0.439, which is the price per Common Unit, minus $0.001. The Placement Agents may retain other brokers or dealers to act as sub-agents or selected-dealers on its behalf in connection with the Offering. Notwithstanding anything herein to the contrary, in the event that the Placement Agents determine that any of the terms provided for hereunder do not comply with a rule of the Financial Industry Regulatory Authority (“FINRA”), including but not limited to FINRA Rule 5110, then the Company shall agree to amend this Agreement in writing upon the request of the Placement Agents to comply with any such rules; provided that any such amendments shall not provide for terms that are less favorable to the Company than the terms of this Agreement.