Examples of Original Warrant Shares in a sentence
If the Company redeems all issued and outstanding shares of Series F Preferred Stock on or prior to June 19, 2002, the number of Original Warrant Shares shall instead be reduced by an amount equal to one-fourth of the number of Original Warrant Shares.
The Original Warrant Shares have been, and upon receipt of Shareholder Approval, the Additional Warrant Shares will have been, duly and validly authorized and, when issued as contemplated by the Warrants, will have been validly issued, fully paid and non-assessable.
As of the date hereof, the Company has reserved and the Company shall continue to reserve and keep available at all times, free of preemptive rights, a sufficient number of shares of Common Stock for the purpose of enabling the Company to issue the Original Warrant Shares and the Additional Warrant Shares pursuant to any exercise of the Original Warrants or the Additional Warrants, as applicable.
In connection with the Original Loan Agreement, the Company agreed, upon the terms and subject to the conditions contained therein, to issue and sell to WBMCF a warrant (the "Original Warrant") entitling the holder thereof to purchase the number of shares (the "Original Warrant Shares") of common stock, $0.001 par value, of the Company (the "Common Stock"), as set forth therein.
The Registration Statement shall contain substantially similar “Plan of Distribution” disclosure as that included in the resale registration statement for the Original Warrant Shares.
No further approval or authorization of any stockholder, the Board of Directors or others is required for the amendment of the Original Warrants and the issuance and sale of the Additional Warrants, the Original Warrant Shares or the Additional Warrant Shares.
The Company shall honor exercises of the Original Warrants and the Additional Warrants and shall deliver the Original Warrant Shares and the Additional Warrant Shares in accordance with the terms, conditions and time periods set forth in the Original Warrants or the Additional Warrants, as applicable.
On or before June 19, 2001, the Company will issue to the Purchaser a Warrant to purchase up to 3,384,629 shares (representing, in the aggregate, 4.50% of the Fully Diluted Common Stock of the Company as of June 20, 2001, subject to adjustment as provided therein) (the "Original Warrant Shares") of the Company's Common Stock exercisable at $0.01 per share (the "Warrant"), which Warrant will be substantially in the form of the Warrant attached hereto as EXHIBIT B.
The Original Warrant Shares and the Additional Warrant Shares, when issued in accordance with the Original Warrants or the Additional Warrants, as applicable, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company, other than restrictions on transfer provided for hereunder.
At any time, and from time to time, on or prior to the first anniversary of the Closing Date, the Company may, by written notice to the holder and payment of the repurchase price, repurchase from the holder hereof up to 75% of the Original Warrant Shares (as adjusted pursuant to ARTICLE IV) at a price of $11.25 per Issuable Warrant Share (as adjusted pursuant to ARTICLE IV).