Examples of Prior Warrants in a sentence
Purchaser also agrees to waive any anti-dilution and/or reset rights that Purchaser may have pursuant to the Prior Warrants (as provided by Section 4 therein) granted to Purchaser in connection with the applicable Prior Closing, in connection with any of the Warrants granted to Purchaser herein, and/or any other Warrants granted to any purchasers in connection with the offering, of which this Agreement is a part.
Upon their issuance in accordance with the terms of this Agreement and the Prior Warrants, the Prior Warrant Shares will be duly authorized, validly issued, fully paid and non-assessable, the Warrant will be duly authorized and validly issued, and the Warrant Shares, upon exercise of the Warrant in accordance with its terms, will be duly authorized.
The Termination Date (as defined in the Warrant) of the Prior Warrants issued on May 8, 2015, June 11, 2015 and November 6, 2015 is amended to December 23, 2019.
Upon closing of the transactions contemplated hereby, the Company will not have outstanding any shares of Prior Preferred Stock or any Prior Warrants and will have outstanding 210,469 shares of Series E Preferred Stock and Series E Warrants to purchase up to 3,750 additional shares of Series E Preferred Stock.
At the Closing, the Company shall issue to each Investor a New Warrant to purchase the same number of shares of Common Stock that such Investor was entitled to purchase under the Canceled Prior Warrants.