Placement Agent Warrant definition

Placement Agent Warrant shall have the meaning ascribed to such term in section 3.01(q).

Placement Agent Warrant means the warrant to purchase Common Stock to be issued by the Company to the Placement Agent pursuant to the terms of the Placement Agency Agreement.

Placement Agent Warrant has the meaning given it in the recitals of this Agreement.

Examples of Placement Agent Warrant in a sentence

• On the Closing Date, the Company shall have delivered to the Placement Agent an executed copy of the Placement Agent Warrant in such designations as requested by the Placement Agent.

• All Placement Agent Warrants issued on transfers or exchanges shall be dated the initial issuance date of this Placement Agent Warrant and shall be identical with this Placement Agent Warrant except as to the number of Placement Agent Warrant Shares issuable pursuant thereto.

• The Company will not close its stockholder books or records in any manner which prevents the timely exercise of this Placement Agent Warrant, pursuant to the terms hereof.

• To the extent that this Placement Agent Warrant has not been partially or completely exercised at the time of such Distribution, such portion of the Distribution shall be held in abeyance for the benefit of the Holder until the Holder has exercised this Placement Agent Warrant.

• Notwithstanding anything herein to the contrary, the Holder shall not be required to physically surrender this Placement Agent Warrant to the Company unless the Holder has assigned this Placement Agent Warrant in full, in which case, the Holder shall surrender this Placement Agent Warrant to the Company within three (3) Trading Days of the date the Holder delivers an assignment form to the Company assigning this Placement Agent Warrant full.

More Definitions of Placement Agent Warrant

Placement Agent Warrant means that certain Common Stock purchase warrant issuable to the Placement Agent pursuant to the Placement Agency Agreement in the event that the offer and sale of the Securities results in the Company receiving gross proceeds equal to or greater than $5 million.

Placement Agent Warrant means the warrant certificate issued to XXXX Capital Partners, LLC in the form of Exhibit B-2, attached hereto and made a part hereof, representing the warrant holder’s right to purchase 649,562 shares of Common Stock at a price per share of $1.848.

Placement Agent Warrant means the warrant to be issued by the Company to Lender as placement agent upon the closing of a Qualifying Transaction in substantially the form attached as Exhibit D to the Securities Purchase Agreement, as the same may be amended from time to time.

Placement Agent Warrant means a warrant to purchase a number of Common Shares initially equal to eight percent (8%) of the initial number of Underlying Securities substantially in the form of the Warrants except that the Placement Agent Warrant (i) will not be exercisable for the first six (6) months following the initial Closing Date and (ii) will have an exercise price equal to 110% of the Initial Exercise Price under (and as defined in) the Warrants.

Placement Agent Warrant means the warrant certificate issued to Midtown Partners & Co., LLC in the form of Exhibit C, attached hereto and made a part hereof, representing the warrant holder’s right to purchase up to 244,926 shares of Common Stock at a price per share of $0.76.

Placement Agent Warrant means the warrant to be issued by the Company to the Placement Agent on the Closing Date to purchase up to 32,877 shares of Common Stock at an initial exercise price of $7.30 per share, in the form provided to the Buyers on the date hereof; and “Placement Agent Warrant Shares” means the shares of Common Stock issuable to the Placement Agent upon exercise of the Placement Agent Warrant.

Placement Agent Warrant means the warrant to be issued by the Company to the Placement Agent on the Closing Date to purchase up to 33,994 shares of Common Stock at an initial exercise price of $3.53 per share, in the form provided to the Buyers on the date hereof; “Placement Agent Warrant Shares” means the shares of Common Stock issuable to the Placement Agent upon exercise of the Placement Agent Warrant; and “Approved Share Plan” means any employee benefit plan which has been approved by the board of directors of the Company prior to or subsequent to the date hereof pursuant to which shares of Common Stock and standard options to purchase Common Stock may be issued to any employee, officer or director for services provided to the Company in their capacity as such. It is expressly understood and agreed that the offer and sale by the Company of a Direct Participation Interest shall not constitute a Subsequent Placement only if the offer and sale of such Direct Participation Interest and such Direct Participation Interest (i) does not include or involve any security (as defined under the 1933 Act) (other than the Direct Participation Interest itself, which constitutes a security under the 0000 Xxx) or other equity interest or equity-linked interest in the Company, any Subsidiary or any other Person and (ii) amounts paid or received in respect of any such Direct Participation Interest are derived solely from the oil and gas well leases underlying such Direct Participation Interest and not from any other business or operations of the Company or any of its Subsidiaries. “Direct Participation Interest” means a fractional undivided working interest in oil and gas well leases acquired by the Company.