Incentive Warrant definition

Incentive Warrant means the Incentive Warrant in the form of Exhibit B hereto issued pursuant to Section 2.1(c) of this Agreement.

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Incentive Warrant has the meaning set forth in the recitals.

Incentive Warrant means the Incentive Warrant in the ----------------- form of Exhibit C hereto issued pursuant to Section 2.1(d) of this Agreement, together with any new or replacement warrant issued in accordance with the terms of the Incentive Warrant.

Examples of Incentive Warrant in a sentence

• The Incentive Warrant shall be delivered by the Company to the Investor upon execution of this Agreement by the parties hereto.

• Each Incentive Warrant not exercised on or before the Incentive Warrant Expiration Date shall become void, and all rights thereunder and all rights in respect thereof under this Agreement shall cease at 5:00 p.m. New York City time on the Incentive Warrant Expiration Date.

• The Company in its sole discretion may extend the duration of the Incentive Warrants by delaying the Incentive Warrant Expiration Date, provided, however, that the Company will provide notice to registered holders of the Public and Private Warrants of such extension of not less than 20 days.

• The aggregate number of shares to be registered under the Combined Registration Statement shall be equal to 125% of (A/B)+C, where A is the Maximum Commitment Amount, B is 92% of the Minimum Bid Price and C is the number of Incentive Warrant Shares.

• The “Fair Market Value” shall mean the average reported last sale price of the Common Stock for the 10 trading days ending on the third business day prior to the date on which the Incentive Warrant is exercised.

• The Incentive Warrant Shares shall be registered for resale pursuant to the Registration Rights Agreement.

• On the Subscription Date, the Company shall issue the Incentive Warrant to the Investor.

• The aggregate number of shares to be registered under the Initial Registration Statement shall be equal to two hundred percent (200%) of the Initial Shares, plus the Incentive Warrant Shares.

• Upon exercise of the Investment Incentive Warrant, the Holder will make a similar written representation with respect to the shares to be received upon exercise unless, in an opinion of counsel which is satisfactory in form and substance to counsel for Company, such representation is not necessary or appropriate to assure compliance with the registration provisions of the Securities Act or any applicable state securities laws.

• By acceptance of this Warrant Certificate and the Investment Incentive Warrant it represents, the Holder acknowledges that it is acquiring the Investment Incentive Warrant for such Holder's own individual account, and not with a view to distribution or resale in violation of the registration requirements Securities Act and applicable state securities law.

More Definitions of Incentive Warrant

Incentive Warrant means the Common Share purchase warrant to be issued as an Incentive Warrant Certificate entitling the holder or holders thereof to purchase one (1) Warrant Share upon payment of $0.40 prior to the date that is six (6) months from the date of issuance of the Incentive Warrant;

Incentive Warrant with "Incentive Warrants"; and

Incentive Warrant means the Common Share purchase warrant to be issued as an Incentive Warrant Certificate entitling the holder or holders thereof to purchase one

Incentive Warrant with "Incentive Warrants" each time it appears in such Section.

Incentive Warrant means the Incentive Warrant in the form of Exhibit C hereto issued pursuant to Section 2.1(d) of this Agreement, together with any new or replacement warrant issued in accordance with the terms of the Incentive Warrant.