Examples of Closing Warrant Shares in a sentence
The Conversion Shares, the Underwriters’ Conversion Shares, the Closing Warrant Shares and the Underwriters’ Warrant Shares, when issued in accordance with the terms of the Certificate of Designation, the Closing Warrants and the Underwriters’ Warrants, respectively, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company.
During such time as the Closing Conversion Shares, the Underwriters’ Conversion Shares, the Closing Warrant Shares and the Underwriters’ Warrant Shares are listed on the Trading Market, the Company shall provide to the Underwriters, at the Company’s expense, such reports published by the Trading Market relating to price and trading of such securities, as the Underwriters shall reasonably request.
The Second Closing Shares, the Second Closing Warrants, and the Second Closing Warrant Shares are referred to herein collectively as the “Securities.” This opinion is rendered to the Investors pursuant to Section of the Agreement, and all terms used herein have the meanings defined for them in the Agreement unless otherwise defined herein.
In the event that the Second/Third Closing is not consummated by the 90th day after the Increase (as defined in the Securities Purchase Agreement) becomes effective, then this Warrant solely with respect to the Second Closing Warrant Shares and the Third Closing Warrants Shares shall automatically terminate and thereafter be null and void.
The Closing Warrant Shares and the Option Warrant Shares are duly authorized and, when issued in accordance with the respective terms of the Closing Warrants and the Option Warrants, as applicable, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company.
During such time as the Closing Shares, the Closing Warrants, the Closing Warrant Shares, the Option Shares, if applicable, the Option Warrants, if applicable, and the Option Warrant Shares, if applicable, are listed on the Trading Market, the Company shall provide to the Underwriters, at the Company’s expense, such reports published by the Trading Market relating to price and trading of such securities, as the Underwriters shall reasonably request.
The Initial Closing Warrant Shares have been duly authorized by the Company and, when issued and delivered in accordance with the terms of the Initial Closing Warrants, will be validly issued, fully paid and nonassessable.
Schedule 1 Schedule of Purchasers Initial Closing and Second Closing Name and Address, Fax and Email of Purchaser Initial Closing Principal Amount of Notes ($) Initial Closing Warrant Shares Initial Closing Warrant Purchase Price Initial Closing Total Purchase Price Second Closing Principal Amount of Notes ($) Second Closing Warrant Shares Second Closing Warrant Purchase Price Second Closing Total Purchase Price ARCH Venture Fund V, L.P. 0000 X.
Such Purchaser is acquiring the applicable Note and Closing Warrant Shares for such Purchaser’s own account for investment only, and not as a nominee or agent and not with a view towards or for resale in connection with their distribution.
Until such time as the full Subscription Amount for the Second Closing has been paid and delivered by the Holder to the Company pursuant to the Purchase Agreement (such date, the “Second Closing Payment Date”), the Warrants to purchase the Second Closing Warrant Shares shall not be exercisable.