Examples of January Warrants in a sentence
The issuance of the January Warrants are duly authorized and, upon issuance in accordance with the terms of this Agreement, the January Warrants shall be validly issued and free from all preemptive or similar rights (except for those which have been validly waived prior to the date hereof), taxes, liens and charges and other encumbrances with respect to the issue thereof.
On the Effective Date, PALI shall issue and deliver to the Holder January Warrants to initially purchase an aggregate number of shares equal to the number of January Warrant Shares set forth opposite the Holder's name in column (3) of Schedule I attached hereto, which number of shares shall be subject to adjustments as set forth therein.
PALI acknowledges that such aforementioned hedging and/or trading activities do not constitute a breach of this Agreement, the January Warrants or any of the documents executed in connection herewith.
Assuming the accuracy of each of the representations and warranties set forth in Section 2 of this Agreement, the offer and issuance by PALI of the January Warrants and the July Warrant Shares is exempt from registration under the 1933 Act.
January Warrants: #A-22: $268,122.66#A-23: $ 1,034.99 #A-26: $296,967.45Resolutions: F-1 BE IT RESOLVED the Board of Education hereby approves warrants: #A-22, #A-23, # A-26.
Upon exercise of the January Warrants in accordance with the January Warrants, the January Warrant Shares when issued will be validly issued, fully paid and nonassessable and free from all preemptive or similar rights, taxes, liens, charges and other encumbrances with respect to the issue thereof, with the holders being entitled to all rights accorded to a holder of Common Stock.
Leonhardt presented an updated list of warrants to update the January Warrants.
Effective as of the date hereof, the Company hereby waives, in part, the Initial Exercisability Date (as defined in the January Warrants) of the January Warrants, such that the Initial Exercisability Date (as defined in the January Warrants) of the January Warrants shall be the date hereof.
The Company has the requisite corporate power and authority to enter into and perform its obligations under this Agreement, the Registration Rights Agreement and the June Warrants (collectively, the “Transaction Documents”) and to issue the Exercised Warrant Shares and the shares of Common Stock issuable upon the exercise of such June Warrants (the “June Warrant Shares”) in accordance with the terms of the January Warrants and the June Warrants, as applicable, and hereof.
On March 19, 2019, the Company issued warrants to purchase up to an aggregate of 5,950,000 shares of Common Stock with an exercise price per share of $1.25 (the “March Warrants” and together with the January Warrants and the February Warrants, the “Existing Warrants”).