Examples of Initial Closing Warrants in a sentence
On or about the date hereof, the Company shall deliver to the Escrow Agent the executed Subscription Agreement, the Initial Closing Shares, Initial Closing Warrants, and Initial Closing Legal Opinion (collectively, the "Initial Closing Company Documents").
The Warrants issuable on the Initial Closing Date are referred to as Initial Closing Warrants.
Subject to the satisfaction or waiver of the terms and conditions of this Agreement, on the Initial Closing Date, each Subscriber shall purchase and the Company shall sell to each Subscriber a Note in the principal amount designated on the signature page hereto ("Initial Closing Notes") and Warrants as described in Section 2 of this Agreement ("Initial Closing Warrants").
The Borrowers shall deliver to each Initial Purchaser its respective Initial Closing Warrants.
In addition, the Company sold and each Purchaser purchased at the Initial Closing Warrants to purchase the number of shares of Common Stock set forth on Schedule 1 hereto.
The Initial Closing Warrants and Second Closing Warrants shall be exercisable for three (3)years after the Initial Closing Date and Second Closing Date, respectively.
Subject to the satisfaction or waiver of the terms and conditions of this Agreement, on the Initial Closing Date, each Subscriber shall purchase and the Company shall sell to each Subscriber a Note in the principal amount designated on the signature page hereto ("Initial Closing Notes"), and Warrants as described in Section 2 of this Agreement ("Initial Closing Warrants").
As of the Execution Date, the Investor shall have executed this Agreement, the Registration Rights Agreement, the Standstill Agreement and the Initial Closing Warrants and delivered the same to the Company.
Subject to the satisfaction or waiver of the terms and conditions of this Agreement, on the Initial Closing Date, each Subscriber shall purchase and the Company shall sell to each Subscriber the number of Shares and Warrants designated to be sold to such Subscriber on the Initial Closing Date as set forth on the signature page hereto next to the name of such Subscriber (the "Initial Closing Shares" and "Initial Closing Warrants," respectively).
The exercise price of the Warrants issuable on the Second Closing Date shall be the same as the exercise price of the Initial Closing Warrants in effect on the Initial Closing Date.