Examples of Liquidated Damages Warrants in a sentence
The payment of liquidated damages pursuant to this paragraph shall be made by the Company, at its option, either in cash or in Liquidated Damages Warrants having a value (such value to be determined as set forth below) equal to such liquidated damages.
The value of such Liquidated Damages Warrants shall be equal to their Black Scholes Warrant Value.
If the Warrant Resale Registration Statement is not declared effective by the Commission within 60 days after it is filed with the Commission (subject to any bona fide Delay Period), the Company will pay to each Holder, as liquidated damages and not as a penalty, an amount equal to 1.0% of the liquidated damages relating to such Liquidated Damages Warrants for each month or part thereof that such Warrant Resale Registration Statement has not been declared effective, payable in monthly installments.
You and any beneficial purchaser for whom you are contracting hereunder acknowledge that no agency, governmental authority, securities commission or similar regulatory body, stock exchange or other entity has reviewed, passed on or made any finding or determination as to the merit of the investment in the Offered Securities, the Liquidated Damages Warrants or the Warrant Shares, nor have any such agencies or governmental authorities made any recommendation or endorsement with respect to such securities.
You agree, and you agree to cause any beneficial purchaser for whom you are contracting hereunder, to comply with all applicable Securities Laws concerning the purchase of, the holding of, and the resale restrictions applicable to, the Purchased Securities, the Liquidated Damages Warrants and the Warrant Shares.
The Corporation shall use its reasonable best efforts to prepare and file with the SEC by the applicable Filing Deadline the Registration Statement on Form S-1 or Form S-3 covering the resale, from time to time, of all of the Registrable Securities other than the Warrant Shares issuable upon exercise of the Liquidated Damages Warrants.
If required by applicable Securities Laws or the Corporation, you will execute, deliver and file, or assist the Corporation in filing, such reports, undertakings and other documents with respect to the issue, offer and/or sale of the Purchased Securities (or, if applicable, the issue , offer and/or sale of the Liquidated Damages Warrants or Warrant Shares) as may be required by any securities commission, stock exchange or other regulatory authority.
You have had access to such information, if any, concerning the Corporation as you considered necessary in connection with your investment decision to invest in the Purchased Securities, the Liquidated Damages Warrants and the Warrants Shares, including receiving satisfactory answers to any questions you have asked any of the officers of the Corporation.
You acknowledge that there may be material tax consequences to you of an acquisition, holding or disposition of the Purchased Securities (or, if applicable, the Liquidated Damages Warrants or the Warrant Shares).
You acknowledge that you will be required to confirm your status as a U.S. Accredited Investor and make similar representations to those contained in this Section 5.B. at the time of exercise of any Warrants or Liquidated Damages Warrants.