Examples of Prefunded Warrant Shares in a sentence
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 Shares pursuant to this Agreement and Warrant Shares and Prefunded Warrant Shares pursuant to any exercise of the Warrants and Prefunded Warrants.
The Company shall honor exercises of the Warrants and Prefunded Warrants and shall deliver Warrant Shares and Prefunded Warrant Shares in accordance with the terms, conditions and time periods set forth in the Transaction Documents.
The Company further agrees, if the Company applies to have the Common Stock traded on any other Trading Market, it will then include in such application all of the Shares and Warrant Shares and Prefunded Warrant Shares, and will take such other action as is necessary to cause all of the Shares and Warrant Shares and Prefunded Warrant Shares to be listed or quoted on such other Trading Market as promptly as possible.
The Company hereby agrees to use best efforts to maintain the listing or quotation of the Common Stock on the Trading Market on which it is currently listed, and concurrently with the Closing, the Company shall apply to list or quote all of the Shares and Warrant Shares and Prefunded Warrant Shares on such Trading Market and promptly secure the listing of all of the Shares and Warrant Shares and Prefunded Warrant Shares on such Trading Market.
The Warrant Shares and Prefunded Warrant Shares, when issued in accordance with the terms of the Transaction Documents, will be validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company.