Purchased Warrant definition

Purchased Warrant shall have the meaning set forth in the recitals.

Purchased Warrant means the warrant represented and evidenced by the Purchased Warrant Certificate (a) entitling Purchaser to subscribe for and purchase, acquire, accept and receive from the Company 72,207,848 Common Shares (subject to Section 2.5 or as adjusted following the Closing pursuant to the terms and conditions of the Purchased Warrant Certificate) and (b) which shall be exercisable in whole or in part immediately from and following the Closing pursuant to the terms and conditions of the Purchased Warrant Certificate.

Purchased Warrant has the meaning ascribed to such term in the Recitals.

Examples of Purchased Warrant in a sentence

• If all or any portion of a Purchased Warrant is exercised at a time when there is an effective registration statement to cover the resale of the Warrant Shares, such Warrant Shares shall be issued free of all legends.

• Subject to the terms and conditions set forth in this Agreement, at the Closing, the Company shall issue, sell and deliver to Purchaser the Purchased Warrant, and Purchaser shall purchase, acquire, accept and receive from the Company the Purchased Warrant.

• So long as any Purchaser beneficially owns any Purchased Shares or any shares of Common Stock issued upon conversion thereof or upon exercise of the Purchased Warrant, the Company shall not become a U.S. real property holding corporation within the meaning of Section 897 of the Code.

• The Warrant Shares issuable upon exercise of the Purchased Warrant have been duly authorized and, when issued and delivered to the Purchaser, will be validly issued, fully paid and non-assessable and free and clear of any Lien, except for restrictions arising under the Securities Act or created by virtue of this Agreement.

• The Ordinary Shares issued to the Purchaser pursuant to this Agreement shall be referred to herein as the Purchaser’s “Purchased Shares”; the Warrant issued to the Purchaser pursuant to this Agreement shall be referred to herein as the Purchaser’s “Purchased Warrant”; the Purchased Shares and the Purchased Warrant are collectively referred to herein as the “Purchased Securities”; and the Purchased Securities and the Warrant Shares are collectively referred to herein as the “Securities”.

More Definitions of Purchased Warrant

Purchased Warrant means the warrants in the form of Exhibit B, having an initial exercise price per Underlying Share of $.001, that may be issued by the Company to the several Purchasers at the Standby Closing.

Purchased Warrant means the warrant represented and evidenced by the Purchased Warrant Certificate (a) entitling Purchaser to subscribe for and purchase, acquire,

Purchased Warrant has the meaning ascribed to it in Section 1.1.

Purchased Warrant means a common share purchase warrant to purchase one Target common share, on terms to be agreed on between the subscribers and Target, to be acquired by Tracker at Closing, in exchange for an Exchanged Warrant, on a one to one (1:1) basis;

Purchased Warrant means the Warrant to purchase 3% of Common Stock Deemed Outstanding calculated as of the Closing Date.

Purchased Warrant means the warrant represented and evidenced by the Purchased Warrant Certificate (a) entitling the Purchaser to subscribe for and purchase, acquire, accept and receive from the Company 130,000,000 Common Shares (as adjusted following the Closing pursuant to the terms and conditions of the Purchased Warrant Certificate) and (b) which shall be exercisable in whole or in part immediately from and following the Closing pursuant to the terms and conditions of the Purchased Warrant Certificate.

Purchased Warrant has the meaning ascribed to such term in the Recitals. “Purchased Warrant Certificate” has the meaning ascribed to such term in the Recitals.