Inducement Letter definition
Examples of Inducement Letter in a sentence
Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Inducement Letter.
All questions concerning the construction, validity, enforcement and interpretation of this Warrant shall be determined in accordance with the provisions of the Inducement Letter.
This Insurance Agreement, the Premium Letter, the Inducement Letter and the Policy set forth the entire agreement between the parties with respect to the subject matter thereof, and this Insurance Agreement supersedes and replaces any agreement or understanding that may have existed between the parties prior to the date hereof in respect of such subject matter.
Capitalized terms used and not otherwise defined herein shall have the meanings set forth in that certain Inducement Letter (the “Inducement Letter”), dated July 21, 2024, among the Company and the purchasers signatory thereto.
Capitalized terms used and not otherwise defined herein shall have the meanings set forth in that certain Inducement Letter (the “Letter”), dated November 9, 2023, among the Company and the holder signatory thereto.
On the Date of Issuance, NAFI and the Transferor agree to pay or cause to be paid the amounts specified with respect to fees, expenses and disbursements in the Inducement Letter unless otherwise agreed between NAFI and Financial Security.
On the Date of Issuance, NAFCO and the Transferor agree to pay or cause to be paid the amounts specified with respect to fees, expenses and disbursements in the Inducement Letter unless otherwise agreed between NAFCO and Financial Security.
Pursuant to the Inducement Letter, the Holder agreed to exercise for cash its Existing Warrants to purchase an aggregate of 7,340,721 ordinary shares of the Company at a reduced exercise price of $0.2934 per share in consideration for the Company’s agreement to issue new warrants to purchase ordinary share (the “New Warrants”), as described below, to purchase up to 14,681,442 of the Company’s ordinary share of par value US$0.0001 each (the “New Warrant Shares”).
The Company and Laredo shall each be express third-party beneficiaries of the covenants and agreements made by the undersigned in this Inducement Letter and each of the Company and Laredo, either alone or together, shall have the equal right to enforce the provisions of this Inducement Letter and exercise such rights and remedies, including obtaining injunctive relief, as may be available at law or in equity in any court having appropriate jurisdiction, as if the Company and Laredo were a party hereto.
This Agreement, the Premium Letter, the Inducement Letter and the Policy set forth the entire agreement between the parties with respect to the subject matter thereof, and this Agreement supersedes and replaces any agreement or understanding that may have existed between the parties prior to the date hereof in respect of such subject matter.