Initial Closing Warrants definition

Initial Closing Warrants shall have the meaning set forth in Section 1(b) of the Subscription Agreement;
Initial Closing Warrants shall have the meaning ascribed to it in the recitals.
Initial Closing Warrants shall have the meaning assigned to that ------------------------ term in Section 3.02(a).

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.

  • Collectively, the Initial Closing Warrants and Second Closing Warrants are referred to herein as Warrants.

  • Without affecting Laurus' rights hereunder in the event the Loans exceed the Formula Amount (each such event, an "Overadvance") and provided that such Overadvacne does not constitute an Event of Default, all such Overadvances shall bear interest at an annual rate equal to one and one half percent (1.5%) of the amount of such Overadvances for each month or portion thereof such amounts shall be outstanding and in excess of the Formula Amount.

  • 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 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 Issuer hereby agrees to issue and deliver to the Warrant Holder on the date of the Initial Closing Warrants evidencing rights to purchase 5.51725 shares of Common Stock, subject to adjustment as provided in Section 11 hereof, for each share of Preferred Stock purchased by the Warrant Holder pursuant to the Stock Purchase Agreement on the date of the Initial Closing and at any time on or before 5:00 P.M., New York City time, on the Expiration Date at a price per share equal to the Exercise Price.

  • 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.


More Definitions of Initial Closing Warrants

Initial Closing Warrants has the meaning set forth in Section 2.1.

Related to Initial Closing Warrants

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Second Closing has the meaning set forth in Section 2.2.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Second Closing Date means the date of the Second Closing.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Series D Warrants means, collectively, the Series D Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Additional Closing Date has the meaning set forth in Section 3.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Private Placement Warrants Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 9 months, in the form of Exhibit A attached hereto.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.