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 an aggregate of 2,000,000 shares of Company Common Stock, subject to adjustment as provided in the Class B Warrant.
Examples of Class B Warrant Shares in a sentence
Assuming the Class B Warrants are issued and delivered as contemplated in the Prospectus, the Class B Warrant Shares, when issued and delivered against payment therefor upon the exercise of the Class B Warrants in accordance with their terms, will be validly issued, fully paid and non-assessable.
The maximum aggregate number of shares of Common Stock issuable pursuant to the Warrants shall be 1,152,000 Warrant Shares, composed of 576,000 Class A Warrant Shares and 576,000 Class B Warrant Shares, as such amounts may be adjusted from time to time pursuant to this Agreement.
If this Class B Warrant is exercised in part, this Class B Warrant must be exercised for a number of whole shares of the Common Stock, and the Holder is entitled to receive a new Class B Warrant covering the Class B Warrant Shares which have not been exercised and setting forth the proportionate part of the Aggregate Warrant Price applicable to such Class B Warrant Shares.
Payment for the Class B Warrant Shares shall be made by wire, or check payable to the order of the Company.
For example, if the Holder purchases Common Stock having a total purchase price of $11,000 to cover a Buy-In with respect to an attempted exercise of this Class B Warrant with respect to which the sale price of the Class B Warrant Shares (including any brokerage commissions) giving rise to such purchase obligation was a total of $10,000 under clause (A) of the immediately preceding sentence, the Company shall be required to pay the Holder $1,000.
More Definitions of Class B Warrant Shares
Class B Warrant Shares has the meaning specified in Section 2.5(a).
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. 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 means the shares of Class B Stock issuable upon exercise of the Class B Warrants.
Class B Warrant Shares preamble "Class C Warrants" preamble "Class C Warrant Shares" preamble "Class D Warrants" preamble "Class D Warrant Shares" preamble "Common Stock" preamble "Company" preamble "Conversion Shares" preamble "Effectiveness Period" Section 2.1(c) "HT" preamble "Jansxxx/Xxxexx" preamble "Offering" preamble "Registration Statement" Section 2.1(a) "Series A Preferred" preamble "Shares" preamble "TBCGI" preamble
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.
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 June 1, 2009 (the “Securities Purchase Agreement”), by and among the Company, the “MoqiZone Group,” the other “Corporate Parties” (as defined therein), and the Investors listed on the execution page thereof. 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: