Examples of Stockholder Warrants in a sentence
Stockholder is the sole record and Beneficial Owner of (i) the Existing Shares, (ii) Company Options to purchase [ ] shares of Company Common Stock ("Stockholder Options") and (iii) Company Warrants to purchase [ ] shares of Company Common Stock ("Stockholder Warrants") .
Upon the exercise of the Selling Stockholder Warrants and payment of the purchase price for the Selling Stockholder Warrants in accordance with the Selling Stockholder Warrant terms, the Selling Stockholder Warrant Shares issued and sold upon such exercise will be validly issued, fully paid and non-assessable.
The agreements pursuant to which the Selling Stockholder Shares and the Selling Stockholder Warrants were issued and the directors’ resolutions approving the agreements and the issuance of the Selling Stockholder Shares, the Selling Stockholder Warrants and the Corporation Shares.
At the Closing Date, the Transfer Agent, who is also acting as Custodian for the Selling Stockholder Shares, shall deliver the Selling Stockholder Shares and the Company shall deliver the Selling Stockholder Warrants, which delivery shall be made through delivery of a duly executed Warrant, to the Investors upon payment therefor on behalf of the Investors.
Upon transfer and delivery by such Stockholder to Purchaser of the Stockholder Shares and the Stockholder Warrants owned by such Stockholder pursuant to this Agreement, Purchaser shall acquire ownership of such shares and warrants, free and clear of all adverse claims (other than any created by or through Purchaser).
The Selling Stockholder Warrants and the certificates evidencing the Selling Stockholder Shares shall be in definitive form and shall be registered in such names and in such denominations as the Placement Agent shall request, consistent with the Investor Subscription Agreement (defined below) by written notice to the Transfer Agent or the Company, as applicable.
Such Stockholder will not sell or transfer any Stockholder Shares or Stockholder Warrants prior to the earlier of the Closing or the termination of this Agreement (except as provided in Section 1.5).
The Stockholder Warrant Shares have been duly authorized and, when issued and delivered by the Company against payment therefor, upon the exercise of the Stockholder Warrants in accordance with the terms therein, will be validly issued, fully paid, and non-assessable.
Xxxxx ----------------------------------------- pursuant to a Power of Attorney dated May 23, 1997 EXHIBIT A --------- Stockholder Stockholder Shares Stockholder Warrants ----------- ------------------ -------------------- FCEC 9,926.400 220,587.000 Cross Creek 1,323.415 29,409.000 John X.
With respect to the Warrant Shares, we express no opinion to the extent that, notwithstanding its current reservation of shares of Common Stock, future issuances of securities, including the Warrant Shares, of the Company and/or adjustments to outstanding securities, including the Selling Stockholder Warrants, of the Company may cause the Selling Stockholder Warrants to be exercisable for more shares of Common Stock than the number that remain authorized but unissued.